Short-Term Rating definition
Short-Term Rating has the meaning specified in the Intercreditor Agreement.
Short-Term Rating means, for any entity, (a) in the case of Moody’s, the short-term senior unsecured debt rating of such entity and (b) in the case of S&P, the short-term issuer credit rating of such entity.
Short-Term Rating means S&P’s short term, unsecured, unsubordinated and unguaranteed debt obligation rating of a person at any time.
Examples of Short-Term Rating in a sentence
It shall also be a "S&P Substitution Event" if Party A or its Credit Support Provider (if applicable) has a Long-Term Rating of less than "BBB-" or a Short-Term Rating of less than "A-3," if applicable, by S&P or if either such rating is withdrawn by S&P.
It shall also be a “S&P Substitution Event” if Party A has a Long-Term Rating of less than “BBB-” or a Short-Term Rating of less than “A-3,” if applicable, by S&P or both of Long-Term and Short-Term Ratings are withdrawn by S&P.
The Liquidity Facility Provider may, at any time, assign or transfer all or any of its rights and benefits hereunder to a bank or financial institution which has a credit rating at least equal to the Minimum Short-Term Rating.
More Definitions of Short-Term Rating
Short-Term Rating means, for any entity, (a) in the case of Moody’s, the short-term senior unsecured debt rating of such entity and (b) in the case of Fitch, the short-term issuer default rating of such entity.
Short-Term Rating means the short-term unsecured and unsubordinated debt rating assigned to a party by a Cap Rating Agency.
Short-Term Rating means the rating of the unsecured, unguaranteed and otherwise unsupported short-term debt-obligation.
Short-Term Rating has the meaning assigned in the definition of ----------------- "Public Debt Rating".
Short-Term Rating means the Rating Agency’s short term, unsecured, unsubordinated and unguaranteed debt obligation rating of a person at any time.
Short-Term Rating means in relation to a person, the short term debt rating in respect of that person or, as applicable, a rating in respect of the short term unsecured, unguaranteed and unsubordinated debt obligations of that person.
Short-Term Rating for any Person, shall mean the rating by ▇▇▇▇▇'▇ or S&P of such Person's short-term public senior unsecured non-credit-enhanced debt.