Nationally Recognized Statistical Rating Organizations definition

Nationally Recognized Statistical Rating Organizations or “NRSRO” means the Security and Exchange Commission’s designation as a nationally recognized statistical rating organization. As of September 4, 2007, there are five NRSROs: A.M. Best Company, Inc., Dominion Bond Rating Service Limited, Fitch, Inc., ▇▇▇▇▇’▇ Investors Service Inc., and Standard & Poor’s Division of the McGraw Hill Companies, Inc.
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Nationally Recognized Statistical Rating Organizations means a rating agency approved by the United States Securities and Exchange Commission to issue credit ratings for financial and other transactions, including Standard & Poor’s, and ▇▇▇▇▇’▇ Investment Services.
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Nationally Recognized Statistical Rating Organizations means Duff & ▇▇▇▇▇▇ Credit Rating Co., ▇▇▇▇▇’▇ Investors Service, Inc. or Standard & Poor’s.
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Examples of Nationally Recognized Statistical Rating Organizations 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 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).

  • 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).

  • The Notes shall have received an investment grade rating from one of the four Nationally Recognized Statistical Rating Organizations and the Noteholders shall have received evidence that such rating remains in effect at the Effective Time.

  • The Authority shall at all times maintain long-term unenhanced ratings on Senior Parity Debt by any two Nationally Recognized Statistical Rating Organizations (as defined under the Securities Exchange Act of 1934, as amended) approved by the Lender.

  • Notice to Nationally Recognized Statistical Rating Organizations 60 Section 13.01.

  • Nationally Recognized Statistical Rating Organizations such as M▇▇▇▇’▇, Standard & Poor’s, Morningstar, and Lipper, for the purpose of reviewing the portfolio to allow, for example, such organizations to develop ratings for the portfolio, the adviser or the sub-adviser.

  • The fund invests primarily in higher yielding and generally lower quality debt securities (rated Ba1 / BB+ or below by Nationally Recognized Statistical Rating Organizations or unrated but determined by the fund’s investment adviser to be of equivalent quality), including corporate loan obligations.

  • Although the Nationally Recognized Statistical Rating Organizations (“NRSROs”) typically determine the initial eligibility of a security, ▇▇▇▇▇▇▇▇ does not rely on these ratings to determine whether a security is suitable for a ▇▇▇▇▇▇▇▇ portfolio.

  • The obligor must be rated in the rating category as indicated below by at least one of the Nationally Recognized Statistical Rating Organizations (NRSRO’s) for municipal securities, and at least two for non-municipal securities.


More Definitions of Nationally Recognized Statistical Rating Organizations

Nationally Recognized Statistical Rating Organizations or “NRSRO” means the Security and Exchange Commission’s designation as a nationally recognized statistical rating organization. As of October 1, 2005, there are four NRSRO’s: Dominion Bond Rating Service Ltd., Fitch, Inc., Moody’s Investors Service, and Standard & Poor’s Division of the McGraw Hill
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Nationally Recognized Statistical Rating Organizations or “NRSRO” means the Security and Exchange Commission’s designation as a nationally recognized statistical rating organization. As of September 15, 2008, there are five NRSROs: A.M. Best Company, Inc., Dominion Bond Rating Service Limited, Fitch, Inc., Moody’s Investors Service Inc., and Standard & Poor’s Division of the McGraw Hill Companies, Inc.
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Nationally Recognized Statistical Rating Organizations means Duff & ▇▇▇▇▇▇ Credit Rating Co., ▇▇▇▇▇’▇ Investors Service, Inc. or Standard & Poor’s. “Obligations” shall have the meanings assigned to such term in the Pledge Agreement. “Responsible Officer” shall mean any officer of the Trustee with direct responsibility for the administration of the relevant portion of this Agreement.
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Nationally Recognized Statistical Rating Organizations or “NRSROs” means credit rating agencies that are registered with the U.S. securities and exchange commission’s office of credit ratings.
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Nationally Recognized Statistical Rating Organizations or “NRSRO” means the Security and Exchange
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Nationally Recognized Statistical Rating Organizations or “NRSRO” means the Security and Exchange Commission’s designation as a nationally recognized statistical rating organization. As of October 1, 2005, there are four
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