Rating Agency Trigger Event. The reduction of the Swap Counterparty's long-term ratings below "A3" or "A-" by Moody's or S&P, respectively.
Rating Agency Trigger Event. The reduction of the Swap Counterparty’s long-term ratings below “A3” by Xxxxx’x and “A-” by Fitch, respectively.
Rating Agency Trigger Event means if the Swap Counterparty Guarantor's long-term rating is not at least "A-" by Fitch or "A3" by Moody's.
More Definitions of Rating Agency Trigger Event
Rating Agency Trigger Event. The Swap Counterparty’s long-term ratings cease to be at least “A (low)” by DBRS or “A3” by Mxxxx’x, respectively.
Rating Agency Trigger Event means if the Swap Counterparty Guarantor's long-term rating is not at least "A-" by Fitch or "A" by S&P.
Rating Agency Trigger Event means, with respect to the Swap Contract, a reduction in the Swap Counterparty's Credit Support Provider's short-term unsecured debt rating (or its equivalent) or long-term unsecured debt rating (or its equivalent) below the ratings specified in the Swap Contract.
Rating Agency Trigger Event. The reduction of both the Swap Counterparty's long-term and short-term senior unsecured deposit ratings below "Aa3" and "P-1", respectively, by Xxxxx'x, or the reduction of both the Swap Counterparty's long-term and short-term senior unsecured debt ratings below "AA-" and "A-1", respectively, by S&P.
Rating Agency Trigger Event. The reduction of the Class A-FL Swap Counterparty’s long-term ratings below “[__]” by [_____] for the Class A-FL Swap Contract.
Rating Agency Trigger Event shall occur if (i) for so long as the Certificates are rated by S&P, the short-term rating of SRFP and its Credit Support Provider is below, or is withdrawn or downgraded below, “A-1” by S&P, (ii) for so long as the Certificates are rated by Moody’s, the short-term rating of SRFP and its Credit Support Provider is withdrawn or downgraded below “P-1” by Moody’s (or, if SRFP or its Credit Support Provider do not have a short-term rating by Moody’s, the long-term rating of such entity is withdrawn or downgraded below “Aa3” by Moody’s) or (iii) for so long as the Certificates are rated by Fitch, the short-term rating of SRFP and its Credit Support Provider is below, or is withdrawn or downgraded below, “F-1” by Fitch. The lowest ratings which will not result in a Rating Agency Trigger Event shall constitute the “Approved Ratings Thresholds.”
Rating Agency Trigger Event. The reduction of either the Class A-2FL Swap Counterparty's long-term ratings below "A-" by Fitch, "A2" by Moody's or "A" by S&P for the Class A-2FL Swap Contract xx xxx xxxuction of either the Class A-MFL Swap Counterparty's long-term ratings below "A-" by Fitch, "A2" by Moody's or "A" by S&P for the Class A-MFL Swap Contract