Published Credit Rating definition

Published Credit Rating means, with respect to any Person, the unsecured, senior long-term debt rating (not supported by any third party credit enhancement) of such Person or, if there is no such rating, the long-term issuer rating of such Person, in each case assigned by S&P or its successor or Moody’s or its successor. In the event of a “split” rating between S&P and Moody’s, the lower of the two credit ratings will apply.
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Published Credit Rating means, with respect to any Person, on any date of determination, the qualifying public issuer or debt credit rating by S&P or Moody’s as applicable, as further described in Appendix F, each as published on such agency's respective Web page. No private or unpublished ratings will be accepted.
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Examples of Published Credit Rating in a sentence

  • If Seller has a Published Credit Rating, the CET Credit Rating will, in most cases, be equivalent to such Published Credit Rating.

  • In addition, the letter of credit must be issued and maintained during its term by a U.S. commercial bank or the U.S. branch office of a foreign bank that, in either case, has a Published Credit Rating of at least A- from S&P and A3 from Moody’s and total assets of at least $10 billion (an amount subject to periodic adjustment in PPA transactions, as set forth in the Model PPA).

  • FIRESTONE SPECIFICALLY DISCLAIMS LIABILITY, UNDER ANY THEORY OF LAW, ARISING OUT OF THE INSTALLATION OR PERFORMANCE OF, OR DAMAGES SUSTAINED BY OR CAUSED BY, PRODUCTS NOT FURNISHED BY FIRESTONE.

  • In addition, the letter of credit must be issued and maintained during its term by a U.S. commercial bank or the U.S. branch office of a foreign bank that, in either case, has a Published Credit Rating of at least A- from S&P and A3 from Moody’s and total assets of at least $10 billion (an amount subject to periodic adjustment in PPA transactions, as set forth in the applicable Model PPA).

  • The following Threshold Requirements are the “Credit Assessment Threshold Requirements”:  Bidder must provide the most recent Published Credit Rating of Bidder or, if different from Bidder, Seller (from S&P and Moody’s), to the extent such a rating exists.

  • The letter of credit must be issued by a U.S. commercial bank or theU.S. branch office of a foreign bank that (in either case) has a Published Credit Rating of at least A from S&P and A2 from Moody’s and will be in form substantially similar to the form letter of credit attached as Annex F-1.

  • The letter of credit must be issued by a U.S. commercial bank or the U.S. branch office of a foreign bank that (in either case) has a Published Credit Rating of at least A- from S&P and A3 from Moody’s and total assets of at least $10 billion.Such letter of credit will be in a form substantially similar to the form letter of credit attached as Annex F-1.

  • The letter of credit must be issued by a U.S. commercial bank or the U.S. branch office of a foreign bank that (in either case) has a Published Credit Rating of at least A from S&P and A2 from Moody’s and will be in form substantially similar to the form letter of credit attached as Annex E-1.

  • The letter of credit must be issued by a U.S. commercial bank or the U.S. branch office of a foreign bank that (in either case) has a Published Credit Rating of at least A- from S&P and A3 from Moody’s and total assets of at least $10 billion.

  • The letter of credit must be issued by a U.S. commercial bank or the U.S. branch office of a foreign bank that (in either case) has a Published Credit Rating of at least A- from S&P and A3 from Moody’s andAppendix F Credit/Collateral Requirements total assets of at least $10 billion.

Related to Published Credit Rating

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

  • 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.

  • Investment Grade Credit Rating means (a) with respect to Fitch, a credit rating of BBB- or higher, (b) with respect to Xxxxx’x, a credit rating of Baa3 or higher and (c) with respect to S&P, a credit rating of BBB- or higher.

  • 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”).

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

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

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

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

  • Fitch means Fitch Ratings, Inc., and its successors in interest.

  • Required Rating means, in the case of Moody's, the rating assigned to the Underlying Securities by Moody's as of the Closing Date, and, in the case of S&P, the rating assigned to the Underlying Securities by S&P as of the Closing Date.

  • DBRS means DBRS, Inc., and its successors in interest.

  • Moody’s means Xxxxx’x Investors Service, Inc.

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

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