Nationally Recognised Statistical Rating Organisation definition

Nationally Recognised Statistical Rating Organisation means a nationally recognised statistical rating organisation within the meaning of Rule 15c3-1(c)(2)(vi)(F) under the U.S. Securities Exchange Act of 1934, as amended;
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Nationally Recognised Statistical Rating Organisation means any nationally recognised statistical rating organisation within the meaning of Rule 436 of the Securities Act.
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Nationally Recognised Statistical Rating Organisation means a nationally recognised statistical rating organisation within the meaning of Rule 15c3-1(c)(2)(vi)(F) under the Exchange Act.
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Examples of Nationally Recognised Statistical Rating Organisation in a sentence

  • High quality short-term debt instruments means any instrument having a maturity at issuance of less than 366 days and which is rated in one of the highest two rating categories by a Nationally Recognised Statistical Rating Organisation, or which is unrated but is of comparable quality.

  • Under the Policy, accounts held by your spouse (including his/her retirement accounts), minor children and other members of your (1) High quality short-term debt instruments means any instrument having a maturity at issuance of less than 366 days and which is rated in one of the highest two rating categories by a Nationally Recognised Statistical Rating Organisation, or which is unrated but is of comparable quality.

  • During the term of any repurchase agreement, the creditworthiness of the seller will be monitored by the Investment Manager to ensure that the seller has a minimum credit rating of A1 from a Nationally Recognised Statistical Rating Organisation (“NRSRO”).

  • NRSRO Nationally Recognised Statistical Rating Organisation (i.e. credit rating agencies registered with the U.S. Securities and Exchange Commission), including, but not limited to, Moody’s, Standard & Poor’s and Fitch.

  • As regards credit rating agencies, in USA, Nationally Recognised Statistical Rating Organisation (NRSRO) has initiated a number of steps to assure the independence and objectivity of the rating process.

  • It is there first visit to First Steps and it is lovely to welcome them.

  • The Fund may invest up to 10% of its assets in nonconvertible debt securities rated Baa1 or below and BBB+ or below by a Nationally Recognised Statistical Rating Organisation (“NRSRO”) designated by the Investment Adviser or unrated but determined by the Investment Adviser to be of equivalent quality.

  • However, You may request for Increase in Basic Sum Assured or Rider Sum Assured, or Add new Riders.Manager means and includes all investment managers of the ILP sub- funds or an ILP sub-fund.Moody’s means the rating agency Moody’s.NRSRO means Nationally Recognised Statistical Rating Organisation.

  • NRSRO : means a Nationally Recognised Statistical Rating Organisation i.e. a credit rating agency registered with the U.S. Securities and Exchange Commission.

  • High quality short-term debt instruments means any instrument having a maturity at issuance of less than 366 days and which is rated inone of the highest two rating categories by a Nationally Recognised Statistical Rating Organisation, or which is unrated but is of comparablequality.

Related to Nationally Recognised Statistical Rating Organisation

  • Nationally Recognized Statistical Rating Organization means a nationally recognized statistical rating organization within the meaning of Rule 436 under the Securities Act.

  • Nationally Recognized Rating Agency means any nationally recognized statistical rating organization identified as such by the Securities and Exchange Commission.

  • Nationally recognized testing laboratory means any testing laboratory recognized by the accreditation program of the U.S. department of labor occupational safety and health administration.

  • Banking organization means a bank, trust company, savings bank, industrial bank, land bank, safe deposit company, private banker, or any organization defined by law as a bank or banking organization.

  • Clearing Organization means (a) The Depository Trust Company, or, if agreed to by Borrower and Lender, such other “securities intermediary” (within the meaning of the UCC) at which Borrower (or Borrower’s agent) and Lender (or Lender’s agent) maintain accounts, or (b) a Federal Reserve Bank, to the extent that it maintains a book-entry system.

  • Rating means the operating limits as specified by the component manufacturer.

  • Investment Grade means a rating of Baa3 or better by Moody’s (or its equivalent under any successor rating categories of Moody’s); a rating of BBB- or better by S&P (or its equivalent under any successor rating categories of S&P); and the equivalent investment grade credit rating from any additional Rating Agency or Rating Agencies selected by the Company.

  • Converting organization means an organization that

  • Sponsoring organization means any organization that establishes,

  • Moody’s means Xxxxx’x Investors Service, Inc. and any successor thereto.

  • S&P Global Ratings means S&P Global Ratings, a division of S&P Global.

  • Other Rating Agency means each NRSRO, if any, other than Fitch then providing a rating for the VMTP Shares pursuant to the request of the Fund.

  • Moody s” means Moody’s Investors Service, Inc.

  • Rating Agency means only those rating agencies that are engaged from time to time to rate the securities issued in connection with the Securitizations of the Notes.

  • Competing Organization means any person or organization engaged in, or with definitive plans to become engaged in, research or development, production, distribution, marketing or selling of a Competing Product.

  • Ratings As of any date of determination, the ratings, if any, of the Certificates as assigned by the Rating Agencies.

  • Participating Organization means an organization which elects to offer coverage under a Policy by completing a participation agreement that has been accepted by the Company.

  • Ratings Agency means either S&P or Moody’s (collectively the ‘Ratings Agencies’).

  • Investment Grade Credit Rating means (i) a Credit Rating of Baa3 or higher given by Xxxxx’x, (ii) a Credit Rating of BBB- or higher given by S&P or (iii) a Credit Rating of BBB- or higher given by Fitch.

  • Standard & Poor’s means Standard & Poor’s Ratings Services, a division of The XxXxxx-Xxxx Companies, Inc. and any successor thereto.

  • Credit Rating Agency means a nationally recognized credit rating agency that evaluates the financial condition of issuers of debt instruments and then assigns a rating that reflects its assessment of the issuer’s ability to make debt payments.

  • Conflicting Organization means any person or organization that is engaged in or about to become engaged in research on or development, production, marketing or selling of a Conflicting Product.

  • Aa3 by Moody's or are rated "Aa3" by Moody's and such rating is on watch for possible downgrade (but only for so long as it is on watch for possible downgrade), or (C) either (i) the unsecured, short-term debt obligations of Party A (or its Credit Support Provider) are rated below "A-1" by S&P or (ii) if Party A (or its Credit Support Provider) does not have a short-term rating from S&P, the unsecured, long-term senior debt obligations of Party A (or its Credit Support Provider) are rated below "A+" by S&P (such event, a "Collateralization Event"), then, Party A, at its own cost and subject to the Rating Agency Condition, shall within 30 days either (i) cause another entity to replace Party A as party to this Agreement that satisfies the Swap Counterparty Ratings Requirement and that is approved by the Trustee (which approval shall not be unreasonably withheld) on terms substantially similar to this Agreement; (ii) obtain a guaranty of, or a contingent agreement of another person that satisfies the Swap Counterparty Ratings Requirement, to honor Party A's obligations under this Agreement, provided that such other person is approved by the Trustee such approval not to be unreasonably withheld; (iii) post collateral in accordance with a Credit Support Annex which satisfies the Rating Agency Condition; or (iv) establish any other arrangement satisfactory to the applicable Swap Rating Agency which will be sufficient to restore the immediately prior ratings of the Swap Certificates (determined without regard to any financial guaranty insurance policy, if applicable). All collateral posted by Party A shall be returned to Party A immediately upon Party A securing a substitute counterparty that satisfies the Swap Counterparty Ratings Requirement.

  • Fitch means Fitch Ratings, Inc.

  • approved rating means, for a security, a rating at or above one of the following rating categories issued by an approved rating organization for the security or a rating category that replaces a category listed below:

  • standards of generally recognised accounting practice means an accounting practice complying with standards applicable to municipalities or municipal entities as determined by the Accounting Standards Board