Rating Company definition

Rating Company a company that has been approved by the Supervisor of the Capital Markets at the Ministry of Finance.
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Rating Company. Maalot or any other rating company (including in the event of replacing the rating company) that rates the Notes (Series B). In the event that the Rating Company is replaced, the Company shall submit to the Trustee a comparison between the ratings scale of the replaced Rating Company and the ratings scale of the new Rating Company, and this Section 6 shall be adjusted mutatis mutandis to the rating scale of the new Rating Company. “Initial Rating” - The rating of the Notes (Series B) on their offering date, meaning an ilAA rating (on the rating scale of Maalot). “Base Rating” - An ilAA- rating (on the rating scale of Maalot). Wherever there is a reference to a rating according to Maalot’s rating scale, the intention is alternatively, to an equivalent rating of whoever shall replace it, which shall be set by a different rating
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Rating Company. Maalot or any other rating company (including in the event of replacing the rating company) that rates the Notes (Series C). In the event that the Rating Company is replaced, the Company shall submit to the Trustee a comparison between the ratings scale of the replaced Rating Company and the ratings scale of the new Rating Company, and this Section 6 shall be adjusted mutatis mutandis to the rating scale of the new Rating Company. “Initial Rating” - The rating of the Notes (Series C) on their offering date, meaning an ilAA rating (on the rating scale of Maalot). “Base Rating” - An ilAA- rating (on the rating scale of Maalot). Wherever there is a reference to a rating according to Maalot’s rating scale, the intention is alternatively, to an equivalent rating of whoever shall replace it, which shall be set by a different rating company (insofar as such shall replace Maalot). “Reduced Rating” - A rating that is one rating lower than the Base Rating. “Base Interest” - The interest rate to be set at the tender, as the Company shall publish in an immediate report regarding the offering results. The interest rate that the Notes (Series C) shall bear shall not be adjusted for a decrease in the rating of the Notes (Series C) from the Initial Rating up to the Base Rating, and it shall not be adjusted for an increase in the rating of the Notes (Series C) above the Base Rating,
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Examples of Rating Company in a sentence

  • A financial rating of A-VII or higher as assigned by the BEST Rating Company or equivalent.

  • Coverage must be provided by an insurer licensed to do business in the State of Florida and must be rated “A VIII” or better by A.M. Best Rating Company for Class VIII financial size category.The Certificate Holder must be stated as: Polk County, a political subdivision of the State of Florida 330 W.

  • It shall be clarified that the provisions above will not derogate from the right of the Company to replace the Rating Company or terminate the work of the Rating Company at any time (in the event in which it is not the only Rating Company), at its exclusive discretion and for any reason that it sees fit.

  • The strength and stability of FBL is evident through the Credit Rating assigned by JCR- VIS Credit Rating Company Limited for entity ratings AA/A-1+ (Double A/A One Plus) with stable outlook and from PACRA Credit rating company of “AA” (Double A) for long term and “A1+” (A One Plus) for short term with stable outlook The majority shareholding of Faysal Bank Limited is held by Ithmaar Bank B.S.C an investment bank listed in Bahrain.

  • A financial rating of B+VI or better as assigned by the BEST Rating Company or equivalent.

  • The strength and stability of FBL is evident through the Credit Rating assigned by JCR-VIS Credit Rating Company Limited for entity ratings AA/A-1+ (Double A/A One Plus) with stable outlook and from PACRA Credit rating company of “AA” (Double A) for long term and “A1+” (A One Plus) for short term with stable outlook The majority shareholding of Faysal Bank Limited is held by Ithmaar Bank B.S.C an investment bank listed in Bahrain.

  • The parties to the Debenture Issue including Lawyers, Auditors and Rating Company have submitted declarations to the Company declaring that they have complied with all regulatory requirements applicable to such parties, and that such parties have no conflict of interest with the Company.

  • Confirmation from the Rating Company will be published in an immediate report before the expansion of the series.

  • In this regard, the non-performance of payments that the Company has undertaken to pay to the Rating Company and the failure to provide the reports and information required by the Rating Company in the framework of the engagement between the Company and the Rating Company will be deemed to be reasons and circumstances that are under the Company’s control.

  • The guarantor has an investment grade long-term bond rating from at least two of the four following rating agencies: Standard & Poors BBB- or higher Moody’s Investors’ Services Baa3 or higher Fitch IBCA BBB- or higher Duff and Phelps Credit Rating Company BBB- or higher.


More Definitions of Rating Company

Rating Company. Maalot or any other rating company (including in the event of replacing the rating company) that rates the Notes (Series D). In the event that the Rating Company is replaced, the Company shall submit to the Trustee a comparison between the ratings scale of the replaced Rating Company and the ratings scale of the new Rating Company, and this Section 6 shall be adjusted mutatis mutandis to the rating scale of the new Rating Company. “Initial Rating” - The rating of the Notes (Series D) on their offering date, meaning an
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Rating Company means a Credit Rating Agency registered with the Commission under the Credit Rating Companies Rules, 1996;
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Related to Rating Company

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

  • Fitch means Fitch Ratings, Inc.

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

  • Standard & Poor’s means Standard & Poor’s Ratings Services, a division of The XxXxxx-Xxxx Companies, Inc. and any successor thereto.

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

  • Standard & Poor s” or “S&P” means S&P Global Ratings, a division of S&P Global Inc., a corporation organized and existing under the laws of the State of New York, and its successors and assigns, and, if such corporation shall be dissolved or liquidated or shall no longer perform the functions of a securities rating agency, Standard & Poor's shall be deemed to refer to any other nationally recognized securities rating agency designated by the Issuer.

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

  • Standard & Poor's Glossary The Standard & Poor's LEVELS(R) Glossary, as may be in effect from time to time.

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

  • Standard and Poor’s means Standard and Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies, Inc., and any successor or successors thereto.

  • Rating Date means the date which is 90 days prior to the earlier of (i) a Change in Control and (ii) public notice of the occurrence of a Change in Control or of the intention of the Company to effect a Change in Control.

  • 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.

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

  • Fitch Ratings means Fitch Ratings Limited, an English corporation, and any successor thereto;

  • 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”).

  • Rating Agency means only those rating agencies that are engaged from time to time to rate the securities issued in connection with the Securitizations of the Notes.

  • Rating Confirmation means evidence that no Senior Bond rating in effect from a Rating Agency will be withdrawn or reduced solely as a result of an action to be taken under the Indenture.

  • Nationally Recognized Rating Agency means any nationally recognized statistical rating organization identified as such by the Securities and Exchange Commission.

  • Rating Condition has the meaning specified in Section 2.06(c)(ii).

  • Holding Company means, in relation to a company or corporation, any other company or corporation in respect of which it is a Subsidiary.

  • Rating Event means the rating on the Notes is lowered by each of the Rating Agencies and the Notes are rated below an Investment Grade Rating by each of the Rating Agencies on any day within the 60-day period (which 60-day period will be extended so long as the rating of the Notes is under publicly announced consideration for a possible downgrade by any of the Rating Agencies) after the earlier of (a) the occurrence of a Change of Control and (b) public notice of the occurrence of a Change of Control or the Company’s intention to effect a Change of Control; provided that a Rating Event will not be deemed to have occurred in respect of a particular Change of Control (and thus will not be deemed a Rating Event for purposes of the definition of Change of Control Triggering Event) if each Rating Agency making the reduction in rating does not publicly announce or confirm or inform the Trustee in writing at the request of the Company that the reduction was the result, in whole or in part, of any event or circumstance comprised of or arising as a result of, or in respect of, the Change of Control (whether or not the applicable Change of Control has occurred at the time of the Rating Event).

  • Rating Downgrade means either:

  • 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).

  • Rating Decline means the occurrence of a decrease of one or more gradations (including gradations within rating categories as well as between rating categories) in the rating of the Notes by either Rating Agency.

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

  • Investment Grade Credit Rating means (i) a Credit Rating of Baa3 or higher given by Xxxxx’x, (ii) a Credit Rating of BBB- or higher given by S&P or (iii) a Credit Rating of BBB- or higher given by Fitch.