Ratings Limit definition

Ratings Limit means, with respect to any Person, such Person has a long-term credit rating (corporate, long-term senior unsecured debt, or underlying) of (a)(1) “Baa3” or higher by Moody’s or (2) “BBB-” or higher by S&P, or (b) if rated by both Moody’s and S&P, both (a)(1) and (a)(2).
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Ratings Limit means, with respect to any Person, such Person has a long-term credit rating (corporate or long-term senior unsecured debt) of “BBB” or higher with S&P or “Baa2” or higher with Moody’s or both if rated by both S&P and Moody’s.
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Ratings Limit means, with respect to any Person, such Person has a long-term credit rating (corporate or long-term senior unsecured debt) of “BBB” or higher with S&P or
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Examples of Ratings Limit in a sentence

  • Because persons suffering from underlying disabling conditionsnot related to drug use are not disqualified from the Fair Housing Act’s definition of “handicap” by virtue of their current medical marijuana use, we must examine whether accommodating such use is reasonable under the Act.12 1.

  • If at any time after the Effective Date, if Buyer fails to meet the Ratings Limit, Buyer shall post or issue, or cause to be posted or issued, Credit Support in support of its obligations.

  • The Parties acknowledge and agree that as of the Effective Date, Seller does not satisfy the Ratings Limit.

  • Secretary,Power/Government of Punjab submitted report of the Committee on 23.01.2014 which is enclosed as Annexure-1.

  • If at any time after the Effective Date Buyer fails to meet the Ratings Limit, then for so long as Buyer fails to meet the Ratings Limit, Buyer shall provide Credit Support or cause Credit Support to be provided to Seller.

  • If KndW(P˜n, P ) →a.s. 0 as n → ∞, forsome Kn → ∞, then we can choose Dn → ∞ such that∫by Lemma 2.


More Definitions of Ratings Limit

Ratings Limit means with respect to Proposer or any Qualified Guarantor, a long-term credit rating (corporate or long-term senior unsecured debt) (a) “Baa3” or higher by Moody’s, or (b) “BBB-” or higher by S&P, or (iii) if rated by Moody’s and S&P, both (i) and (ii).
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Ratings Limit means, with respect to any Person, such Person has a long-term credit rating, corporate or long-term senior unsecured debt rating (not supported by third party
Sample 1

Related to Ratings Limit

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

  • 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.

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

  • Investment Grade Rating means a rating equal to or higher than Baa3 (or the equivalent) by Moody’s and BBB- (or the equivalent) by S&P, or an equivalent rating by any other Rating Agency.

  • Fitch means Fitch Ratings, Inc.