Pricing Rating definition

Pricing Rating means, as of any date of determination, the rating, if any, of the Company’s senior unsecured debt, as determined by either Standard & Poor’s Corporation (“S&P”) or Mxxxx’x Investors Service, Inc. (“Moody’s”); provided, that if the Company’s senior unsecured debt is rated by both of such rating agencies, then the more creditworthy of such credit ratings shall apply unless there is a split rating of two grades or more, in which case the rating one grade above the lower rating shall apply.
Pricing Rating means, as of any date, the highest Rating of the Borrower as at such date; provided, however, if at such time there are two or more Ratings of the Borrower and there is more than one tier difference between the two highest Ratings, the Applicable Margin shall be the Rating which is one tier above the lower of such two Ratings.
Pricing Rating means, as of any date of determination of the Applicable Amount, (a) the rating assigned by S&P or Fitch to the outstanding senior unsecured non-credit-enhanced long-term indebtedness of the Company or (b) if neither S&P nor Fitch has assigned a rating of the type described in clause (a), the corporate rating assigned to the Company by S&P or the issuer rating assigned to the Company by Fitch; provided that (i) if the Company is split-rated and the ratings differential is one Pricing Level, the higher rating will apply, (ii) if the Company is split-rated and the ratings differential is two Pricing Levels or more, the intermediate rating at the midpoint will apply (or if there is no midpoint, the higher of the two intermediate ratings will apply) and (iii) if only one of the two rating agencies has assigned such a rating, the Pricing Level corresponding to such rating shall apply. For purposes hereof, the rating by each rating agency as of any date shall be the applicable rating by such agency in effect at the close of business on such date.

Examples of Pricing Rating in a sentence

  • To establish the Pricing Rating, each responsive bid will be prorated against the lowest evaluated price and then multiplied by 10%.

  • If, at any time, no Major Credit Rating Agency provides the Borrower with a Rating, the lowest Pricing Rating set forth in Schedule H shall apply until changed in accordance with the terms of this agreement.

  • To establish the Pricing Rating, each responsive bid will be prorated against the lowest evaluated price and then multiplied by 10%.6.

  • The approvable Loan amount must be at least 100% of the balances outstanding appearing in the latest statement of accounts of your existing financiers.

  • Pricing Rating (Original Agreement) = 7 Re-negotiated Agreements: Based on the information provided, the net pricing negotiated falls above the normal range of our clients.

  • For each responsive bid, the Technical Rating and the Pricing Rating will be added to determine its Total Score.

  • APPENDIX B7.2 Evaluation Table EVALUATION CRITERIAA EVALUATION CRITERIA 7.3 Evaluation Scoring Guide (This evaluation scoring guide is not used for evaluation of Pricing.) Rating Description 10 Excellent Exceeds the requirements of the criterion in superlative beneficial ways / very desirable.

  • An average price is determined by adding all of the responsive Proponents’ price proposals together and dividing the total by the number of price proposals being opened.7. For each responsive bid, the Technical Rating and the Pricing Rating will be added to determine its Total Score.8. Neither the responsive bid obtaining the highest Technical Rating nor the one with the lowest Price Rating will necessarily be accepted.

  • Pricing Rating (Re-negotiated Agreements) = 8 Overall Assessment Original Agreements: For the original agreements, based on a baseline of 5, we have weighted Terms and Conditions as 8 and Pricing as 7, and give the agreements an overall assessment of 7.5. Overall Assessment Rating: Original Agreements = 7.5 Re-negotiated Agreements: For the re-negotiated agreements, based on a baseline of 5, we have weighted Terms and Conditions as 8 and Pricing as 8, and give the contract an overall assessment of 8.

  • It is therefore in his interest to sustain the market price both to keep profiting from seigniorage and for seigniorage to profit him directly.


More Definitions of Pricing Rating

Pricing Rating means, as of any date of determination of the Applicable Amount, (a) the rating assigned by S&P or Moody’s to the outstanding senior unsecured non-credit-enhanced long-term indebtedness of the Company or (b) if neither S&P nor Moody’s has assigned a rating of the type described in clause (a), the corporate rating assigned to the Company by S&P or the issuer rating assigned to the Company by Moody’s; provided that (i) if the Company is split-rated and the ratings differential is one Pricing Level, the higher rating will apply, (ii) if the Company is split-rated and the ratings differential is two Pricing Levels or more, the intermediate rating at the midpoint will apply (or if there is no midpoint, the higher of the two intermediate ratings will apply) and (iii) if only one of the two rating agencies has assigned such a rating, the Pricing Level corresponding to such rating shall apply. For purposes hereof, the rating by each rating agency as of any date shall be the applicable rating by such agency in effect at the close of business on such date.
Pricing Rating means the long-term unsecured debt rating of Borrower as determined by Standard and Poor's Corporation or Xxxxx'x Investors Service, Inc.
Pricing Rating means, as of any date of determination, the rating, if any, of the senior unsecured debt of the Company or, after the Reorganization Date, Newco, as determined by either Standard & Poor’s Corporation (“S&P”) or Xxxxx’x Investors Service, Inc. (“Moody’s”); provided, that if the senior unsecured debt of the Company or, after the Reorganization Date, Newco, is rated by both of such rating agencies, then the more creditworthy of such credit ratings shall apply unless there is a split rating of two grades or more, in which case the rating one grade above the lower rating shall apply.
Pricing Rating means, as of any date of determination, the rating, if any, of the senior unsecured debt of the Company, as determined by either Standard & Poor’s Services, a Standard & Poor’s Financial Services LLC business (“S&P”) or Xxxxx’x Investors Service, Inc. (“Moody’s”); provided, that if the senior unsecured debt of the Company is rated by both of such rating agencies, then the more creditworthy of such credit ratings shall apply unless there is a split rating of two grades or more, in which case the rating one grade above the lower rating shall apply.

Related to Pricing Rating

  • S&P Rating means, at any time, the rating issued by S&P 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 S&P for debt securities of such type, then such indicative rating shall be used for determining the “S&P Rating”).

  • Initial Rating With respect to the Secured Notes, the rating or ratings, if any, indicated in Section 2.3.

  • Risk Rating means, with respect to any Loan at any time, if such Loan is at such time (i) rated by both S&P and Moody’s, the lower of such ratings, (ii) rated by either S&P or Moody’s, such rating or (iii) not rated by either S&P or Moody’s, the rating determined by the Servicer’s risk rating model.

  • Mxxxx’x Rating means, with respect to a Reference Obligation, as of any date of determination:

  • Debt Rating has the meaning specified in the definition of “Applicable Rate.”

  • 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:

  • Xxxxx’x Rating means, at any time, the rating issued by Xxxxx’x and then in effect with respect to the Borrower’s senior unsecured long-term debt securities without third-party credit enhancement.

  • Credit Rating means the rating assigned by a Rating Agency to the senior unsecured long term Indebtedness of a Person.

  • Pricing Ratio on any date, the ratio of Consolidated Total Debt on such date to Annualized Borrower EBITDA for the fiscal quarter most recently ended prior to such date.

  • Specified Rating means, for the Class A(2018-3) Notes, Aaa(sf) with respect to Xxxxx’x, AAA(sf) with respect to Standard & Poor’s and AAAsf with respect to Fitch.

  • Index Debt Rating means the S&P Rating, the Xxxxx’x Rating and the Fitch Rating.

  • Moody’s Rating means, at any time, the rating issued by Moody's and xxxx xx effect with respect to the Borrower's senior unsexxxxx xong-term debt securities without third-party credit enhancement.

  • Designated Rating means, for a security or instrument, a rating issued by a designated rating organization, or its DRO affiliate, that is at or above one of the following rating categories, or that is at or above a category that replaces one of the following rating categories, if

  • Specified Rating Agencies means each of Moody’s, S&P and DBRS as long as, in each case, it has not ceased to rate the Notes or failed to make a rating of the Notes publicly available for reasons outside of the Issuer’s control; provided that if one or more of Moody’s, S&P or DBRS ceases to rate the Notes or fails to make a rating of the Notes publicly available for reasons outside of the Issuer’s control, the Issuer may select any other “designated rating organization” within the meaning of National Instrument 41-101 of the Canadian Securities Administrators as a replacement agency for such one or more of them, as the case may be.

  • Applicable Rating means the rating assigned to each Class of the Series 2013-T3 Notes by S&P, as the Note Rating Agency, upon the issuance of such Class as set forth below:

  • Debt Ratings has the meaning set forth in the definition of “Applicable Rate.”

  • Note Rating Agency means, with respect to any Outstanding Series, Class or Tranche of Notes, each statistical note rating agency selected by the Issuer to rate such Notes.

  • 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.

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

  • Corporate Rating an opinion issued by S&P of an obligor’s overall financial capacity (its creditworthiness) to pay its financial obligations.

  • Threshold Rating means the short-term unsecured debt rating of P-1 by Moody’s and the short-term issuer credit rating of A-1 by Standard & Poor’s.

  • Substitute Rating Agency means a “nationally recognized statistical rating organization” within the meaning of Section 3(a)(62) under the Exchange Act selected by the Company (as certified by a resolution of the Board of Directors of the Company).

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

  • Pricing Level refers to the determination of which of Level I, Level II, Level III, Level IV, Level V or Level VI applies at any date.

  • Pricing Level V any time when (i) the senior unsecured long term debt rating of the Borrower by (x) S&P is BBB‑ or higher or (y) Xxxxx’x is Baa3 or higher and (ii) none of Pricing Level I, Pricing Level II, Pricing Level III or Pricing Level IV applies.

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