S & P definition
Examples of S & P in a sentence
Promptly upon the receipt of notice thereof, and in any event within three (3) Business Days after any change in the ▇▇▇▇▇'▇ Rating or the S & P Rating, notice of such change.
Tenant’s parent, Grupo Bimbo S.A.B. de C.V. (which does not guarantee the lease), currently has a “BBB” rating from S & P and a “Baa2” rating from ▇▇▇▇▇’▇.
Self-insurance is permitted if (i) Tenant or its affiliates maintain no less than a rating of “BBB-” or better from S & P (or an equivalent rating from ▇▇▇▇▇’▇); and (ii) Tenant maintains a minimum net worth of $500 million.
Ratings: The Trust Certificates to be issued [have been/are expected to be] rated: [S & P: [ ]] [▇▇▇▇▇'▇: [ ]] [Fitch: [ ]] [Save for any fees payable to the [Manager[s]/Dealers] and save as discussed in "Subscription and Sale" of the Base Prospectus, so far as the Issuer or the IsDB is aware, no person involved in the offer of the Trust Certificates has an interest material to the offer.
S & P and Moody’s or any one of S&P or Moody’s and another nationally recognized rating agency hereafter designated by Borrower in writing to Agent and approved by Agent.