Moody’s Rating definition

Moody’s Rating is defined in the Pricing Schedule.

Examples of Moody’s Rating in a sentence

  • The Collateral Management and Administration Agreement contains detailed provisions for determining the Moody’s Rating and the Fitch Rating.

  • In most instances, the Moody’s Rating and the Fitch Rating will not be based on or derived from a public rating of the Obligor or the actual Collateral Obligation.

  • In most cases, the Fitch Rating and Moody’s Rating in respect of a Collateral Obligation will be based on a confidential credit estimate determined separately by Moody’s and/or Fitch.

  • The Portfolio Profile Tests contain limitations on the proportions of the Aggregate Collateral Balance that may be made up of Collateral Debt Obligations where the Moody’s Rating is derived from an S&P Rating.

  • All the ABS Reference Obligations have a Moody’s Rating of “Aaa” or a S&P rating of “AAA”, or if not rated by Moody’s or S&P, are rated “AAA” by Fitch.


More Definitions of Moody’s Rating

Moody’s Rating means, with respect to a Reference Obligation, as of any date of determination:
Moody’s Rating means the rating assigned by Moody’s Investors Service, Inc. and any successor thereto that is a nationally recognized rating agency to the outstanding senior unsecured non-credit enhanced long-term indebtedness of a Person (or if neither Moody’s Investors Service, Inc. nor any such successor shall be in the business of rating long-term indebtedness, a nationally recognized rating agency in the United States of America as mutually agreed between the Required Banks and the Borrower). Any reference in this Agreement to any specific rating is a reference to such rating as defined as of the date hereof by Moody’s Investors Service, Inc. (or such a successor) and shall be deemed to refer to the equivalent rating if such rating system changes.
Moody’s Rating means the most recently-announced rating from time to time of Moody’s assigned to any class of long-term senior, unsecured debt securities issued by Prologis, as to which no letter of credit, guaranty or third party credit support is in place, regardless of whether any of such Indebtedness has been issued at the time such rating was issued.
Moody’s Rating means, at any time, the rating issued by Moody’s and then in effect with respect to the Borrower’s senior unsecured long-term public debt securities without third-party credit enhancement (it being understood that if the Borrower does not have any outstanding debt securities of the type described above but has an indicative rating from Moody’s for debt securities of such type, then such indicative rating shall be used for determining the “Moody’s Rating”).
Moody’s Rating means, at any time, the rating published by Moody’s of the Borrower’s Index Debt.
Moody’s Rating means, on any date of determination, the rating accorded the Borrower’s senior unsecured long-term debt by Moody’s (or if the Obligations are secured, the rating accorded to the Borrower’s senior secured long-term debt by Moody’s), or if such rating is unavailable, the Borrower’s long-term issuer credit rating accorded to it by Moody’s.
Moody’s Rating means, on any date of determination, the rating most recently announced by Moody’s with respect to any senior unsecured, non-credit enhanced Debt of the Borrower or, if such rating is not available, the corporate credit rating of the Borrower most recently announced by Moody’s.