S&P Criteria definition

S&P Criteria means the criteria published in January 1999 as amended in June 2000 which enable entities rated lower than a specified level to participate in structured finance transactions which, through collateralisation, are rated at a higher level (as referred to, in part, in the article entitled New Interest Rate Currency Swap Criteria Broadens Allowable Counterparties in the January 1999 issue of S&P's Structured Finance publication).
S&P Criteria means a duly appointed member of the Audit and Conflicts Committee who had not been, at the time of such appointment or at any time in the preceding five years, (a) a direct or indirect legal or beneficial owner of interests in EPD or TPP, as applicable, or any of its Affiliates (excluding de minimis ownership interests having a value of less than $1 million), (b) a creditor, supplier, employee, officer, director, family member, manager or contractor of EPD or TPP, as applicable, or any of its Affiliates, or (c) a person who controls (whether directly, indirectly or otherwise) EPD or TPP, as applicable, or any of its Affiliates or any creditor, supplier, employee, officer, director, manager or contractor of EPD or TPP, as applicable, or any of its Affiliates.
S&P Criteria means the criteria published on 17 December 2003 which enable entities rated lower than a specified level to participate in structured finance transactions which, through collateralisation, are rated at a higher level and for the purposes of calculating the Collateral Amount the parties shall have regard to the article entitled Global Interest Rate and Currency Swaps: Calculating the Collateral Required Amount published on 26 February 2004; and

Examples of S&P Criteria in a sentence

  • Individuals and organizations that the City Manager certifies as having met the criteria in subsection [SP Criteria] shall be known as “Supportive Partners.” An individual or organization’s certification as a Supportive Partner shall be valid for four years.

  • Note: This report does not reflect the current (2013) S&P Criteria and rating process.

  • An agency wishing to become an ALS SP in Ventura County must meet Ventura County ALS SP Criteria and agree to comply with Ventura County regulations.

  • GroundwaterThe five aquifers under the Turanga/Poverty Bay Flats all have the Waipaoa River as their original water source.

  • For specific categories - procurement officials should see PART 2.7 Please see the SP Criteria List on the SP Intranet page for guidance and inspiration.8 Please note, only the inclusion of the DRiVE questionnaire on a check and clarify basis is mandatory, the evaluation is voluntary and should be agreed upon with the Supply Chain Risk Officer.


More Definitions of S&P Criteria

S&P Criteria means the criteria published in January 1999 as amended in June 2000 which enable entities rated lower than a specified level to participate in structured finance transactions which, through collateralisation, are rated at a higher level (as referred to, in part, in the article entitled New Interest Rate Currency Swap Criteria Broadens Allowable Counterparties in the January 1999 issue of S&P's Structured Finance publication). If any of (k)(i)(B), (k)(i)(C) or (k)(i)(D) above are satisfied at any time all collateral (or the equivalent thereof, as appropriate) transferred by Party A pursuant to (k)(i)(A) will be transferred to Party A and Party A will not be required to transfer any additional collateral.
S&P Criteria means a duly appointed member of the Audit and Conflicts Committee of a particular Partnership who had not been, at the time of such appointment or at any time in the preceding five years, (a) a direct or indirect legal or beneficial owner of interests in such Partnership or any of its Affiliates (excluding de minimis ownership interests having a value of less than $1 million), (b) a creditor, supplier, employee, officer, director, family member, manager or contractor of such Partnership or any of its Affiliates, or (c) a person who controls (whether directly, indirectly or otherwise) such Partnership or any of its Affiliates or any creditor, supplier, employee, officer, director, manager or contractor of such Partnership or any of its Affiliates.
S&P Criteria means a duly appointed member of the Audit and Conflicts Committee who had not been, at the time of such appointment to the Audit and Conflicts Committee or at any time in the preceding five years or, in the event any such member was previously a member of the Audit and Conflicts Committee of the Predecessor General Partner, at the time of such member’s appointment to the Audit and Conflicts Committee of the Predecessor General Partner, (a) a direct or indirect legal or beneficial owner of interests in the Partnership or any of its Affiliates (excluding de minimis ownership interests and Common Units having a value of less than $1,000,000), (b) a creditor, supplier, employee, officer, director, family member, manager or contractor of the Partnership or its Affiliates, or (c) a person who controls (whether directly, indirectly or otherwise) the Partnership or its Affiliates or any creditor, supplier, employee, officer, director, manager or contractor of the Partnership or its Affiliates.
S&P Criteria means a duly appointed member of the Audit and Conflicts Committee who had not been, at the time of such appointment or at any time in the preceding five years, (a) a direct or indirect legal or beneficial owner of interests in the Partnership or any of its Affiliates (excluding de minimis ownership interests), (b) a creditor, supplier, employee, officer, director, family member, manager or contractor of the Partnership or its Affiliates, or (c) a person who controls (whether directly, indirectly or otherwise) the Partnership or its Affiliates or any creditor, supplier, employee, officer, director, manager or contractor of the Partnership or its Affiliates.
S&P Criteria means the criteria used by S&P dated November 29, 2012 and headed "Counterparty Risk Framework and Methodology And Assumptions”, as amended and supplemented from time to time.
S&P Criteria means the publication entitled "Counterparty Risk Framework Methodology and Assumptions" published by S&P on 25 June 2013.
S&P Criteria has the meaning specified in the Schedule;