Nationally Recognized Rating Agency definition
Examples of Nationally Recognized Rating Agency in a sentence
Notwithstanding the foregoing, the transfer restrictions of this Section 2.11 as to a series of Bonds shall no longer apply upon the Borrower’s, the Issuer’s and the Trustee’s receipt of evidence of a current rating of the related series of Bonds of “A” or higher by a Nationally Recognized Rating Agency.
All public ratings must be currently under surveillance by the Nationally Recognized Rating Agency that issued such public rating.
Any Applicant relying on a shadow rating must have received such rating from a Nationally Recognized Rating Agency within twelve months prior to the Trust’s Loan Closing.
At least one (1) Nationally Recognized Rating Agency has assigned (A) a public Investment Grade Rating on the Borrower's Outstanding senior lien obligations in respect of the SRF Programs and (B) a public Investment Grade Rating on the maximum principal amount of the WIFIA Bonds and the I-Bank Bonds issued or projected to be issued by the Borrower, and the Borrower has not been informed that any such rating has been downgraded, withdrawn or suspended as of the date of any disbursement of the WIFIA Loan.
At a few microns separation, the ovtward and inward forces eçvili rate, explaining the sta le steady state.