Rating Service definition

Rating Service means Moody’s, if Moody’s is then rating the Bonds, S&P, if S&P is then rating the Bonds, and Fitch, if Fitch is then rating the Bonds, and their respective successors and assigns.
Rating Service means any nationally recognized securities rating service that shall have assigned a rating that is then in effect with respect to the Bonds upon application of the Issuer.
Rating Service means each of S&P and Moody’s.

Examples of Rating Service in a sentence

  • In respect of short-term securities or instruments (where the maturity date of the security or instrument is less than one year), Counterparties must have a designated rating for Commercial Paper/Short-Term Debt no lower than (a) Domin- ion Bond Rating Service Limited (“DBRS”) - “R-1(low)”; (b) Fitch Ratings (“Fitch”) - “F1”; (c) Moody’s Investors Service (“Moody’s”) - “P-1”; and (d) Standard & Poor’s (“S&P”) - “A-1(Low)”.

  • In respect of short-term securities or instruments (where the maturity date of the security or instrument is less than one year), Forward Counterparties must have a designated rating for Commercial Paper/Short-Term Debt no lower than (a) Dominion Bond Rating Service Limited (“DBRS”) - “R-1(low)”; (b) Fitch Ratings (“Fitch”) - “F1”; (c) Moody’s Investors Service (“Moody’s”) - “P-1”; and (d) Standard & Poor’s (“S&P”) - “A-1(Low)”.

  • In respect of short-term securities or instruments (where the maturity date of the security or instrument is less than one year), Counterparties must have a designated rating for Commercial Paper/Short-Term Debt no lower than (a)Dominion Bond Rating Service Limited (“DBRS”) - “R-1(low)”; (b) Fitch Ratings (“Fitch”) - “F1”; (c) Moody’s Investors Service (“Moody’s”) - “P-1”; and (d) Standard & Poor’s (“S&P”) - “A-1(Low)”.

  • Such approval may be denied or withheld based upon an insurance company’s rating by the Rating Service (as defined herein) or other indications of financial inadequacy, as determined in the sole discretion of RIAC.

  • The insurance company issuing the bond must have a policyholders rating of A Plus and a financial rating of Class X per Best’s Rating Service.


More Definitions of Rating Service

Rating Service means as of any particular date of determination each of Fitch, Moody’s and S&P, or their respective successors, that then has a rating on Outstanding Bonds assigned at the request of the Corporation.
Rating Service means Xxxxx'x Investors Service, Inc. or Standard & Poor's Ratings Services, a division of Th e XxXxxx -Xxxx C ompan ies, Inc., or any of their respective successors and assigns and, if such corporations shall be dissolved or liquidated or shall no longer perform the functions of a securities rating agency, "Rating Service" shall be deemed to refer to any other nationally recognized securities rating agency designated by the Lessor.
Rating Service means any nationally recognized rating service.
Rating Service means Moody's, if the Bonds are rated by Moody's at the time, and/or S&P, if the Bonds are rated by S&P at the time, and their successors and assigns.
Rating Service means Moody's, if the Bonds are rated by such at the time, and Standard & Poor's, if the Bonds are rated by such at the time, and their successors and assigns, or if either shall be dissolved or no longer assigning credit ratings to long term debt, then any other nationally recognized entity assigning credit ratings to long term debt designated by the Authority and satisfactory to the Trustee.
Rating Service means either or both of Xxxxx'x Investors Service, Inc. or Standard & Poor's Corporation.
Rating Service means Fitch IBCA Rating or any other nationally recognized, independent, securities rating service acceptable to the Agent.