Nationally Recognized Statistical definition

Nationally Recognized Statistical. Rating Organization:
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Nationally Recognized Statistical. Rating Organization" (a "Participating NRSRO") and the Trustee of its intention to terminate the Security Interest created hereunder at least forty-five (45) days prior to the proposed date of such termination (the "Release Date"). In order to effect the termination of the Security Interest created hereunder on the proposed Release Date, Teck shall deliver to the Trustee an Officers' Certificate stating that each of the conditions in 8(b) below has been satisfied;
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Nationally Recognized Statistical. Rating Organization or short-term rating equivalent to MIG-1 by any Nationally Recognized Statistical Rating Organization, or that are supported by a credit agreement from an institution whose long- or short-term ratings are as set forth above, and in each case which have a maturity within seven years from the date of acquisition; and"
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Examples of Nationally Recognized Statistical in a sentence

  • The Fund may invest up to 20% of its net assets in fixed-income securities that are rated below investment grade by the Nationally Recognized Statistical Rating Organizations, including ▇▇▇▇▇’▇ Investor Service, Inc., S&P Global Ratings or Fitch Ratings, Inc., or in unrated securities of equivalent credit quality.

  • Except with respect to permitted collateral for reverse repurchase agreements, U.S. Treasury Securities, U.S Government Agency Debentures, U.S. Government Sponsored Securities or Obligations and as noted below, a permissible investment must have a minimum rating as provided by a Nationally Recognized Statistical Rating Organization (“NRSRO”) as follows: Short Term Ratings designated below will be applied to investments maturing in 13 months or less from time of purchase.

  • An obligation must be rated in the highest short-term rating category by one of two Nationally Recognized Statistical Reporting Organization (NRSRO), for example A-1 by Standard & Poor's Corp, or P-1 by ▇▇▇▇▇'▇ Investor Services, Inc.

  • Except with respect to permitted collateral for repurchase agreements (F.1.) and as noted below, a permissible investment must have a minimum short-term rating as provided by two Nationally Recognized Statistical Rating Organizations ("NRSRO") as follows: Any one of the following: A-1 by Standard & Poors ("S&P"), P-1 by ▇▇▇▇▇'▇ Investor Services ("Moody's"), F-1 by Fitch (or an equivalent rating by another NRSRO).

  • Nationally Recognized Statistical Rating Organization Name: Title: Company: Phone: Email: All capitalized terms used in this schedule to Exhibit I will have the meanings assigned to such terms in the applicable Loan Obligations Purchase Agreement.

  • None of the Moody’s Non-NRSRO CRAs is a Nationally Recognized Statistical Rating Organization.

  • All required insurance policies shall be provided by a commercial insurer in one of the two highest rating categories by a Nationally Recognized Statistical Rating Organization (without regard to designations of plus (+) or minus (-)).

  • The obligor must be rated in the rating category as indicated below by at least two of the Nationally Recognized Statistical Rating Organizations (NRSRO’s).

  • MSFJ is not a Nationally Recognized Statistical Rating Organization (“NRSRO”).

  • Between January 2004 and May 2010 (herein “the relevant time period”), ▇▇▇▇▇’▇ Investors Service, Inc., a wholly-owned subsidiary of ▇▇▇▇▇’▇ Corporation (herein collectively “Moody’s”), was a Nationally Recognized Statistical Rating Organization (“NRSRO”).


More Definitions of Nationally Recognized Statistical

Nationally Recognized Statistical rating organization" (as defined for purposes of Rule436(g) under the Act) and no such organization shall have publicly announced that it has under surveillance or review, with possible negative implications, its rating of any of the Company's debt securities.
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Nationally Recognized Statistical. Rating Organization” and has filed all Forms NRSRO required to be filed by it under applicable Laws. The information concerning Inc. contained in such Forms NRSRO has been true, correct and complete in all material respects.
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Related to Nationally Recognized Statistical

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

  • 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.

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

  • Recognized Stock Exchange means any stock exchange agreed upon by the competent authorities of the Contracting Parties;

  • Nationally tracked source means a sealed source containing a quantity equal to or greater than Category 1 or Category 2 levels of any radioactive material listed in 12VAC5-481-3780. In this context a sealed source is defined as radioactive material that is sealed in a capsule or closely bonded, in a solid form and that is not exempt from regulatory control. It does not mean material encapsulated solely for disposal, or nuclear material contained in any fuel assembly, subassembly, fuel rod, or fuel pellet. Category 1 nationally tracked sources are those containing radioactive material at a quantity equal to or greater than the Category 1 threshold. Category 2 nationally tracked sources are those containing radioactive material at a quantity equal to or greater than the Category 2 threshold but less than the Category 1 threshold.