S&P Industry Classification definition

S&P Industry Classification. The S&P Industry Classifications set forth in Schedule 2 hereto, which industry classifications may be updated at the option of the Collateral Manager if S&P publishes revised industry classifications.

S&P Industry Classification means the industry classifications set forth in Schedule 2A hereto, as such industry classifications shall be updated at the option of the Facility Agent in its sole discretion if S&P publishes revised industry classifications.

S&P Industry Classification means the industry classifications set forth in Schedule 2 hereto, as such industry classifications shall be updated at the option of the Servicer if S&P publishes revised industry classifications. The determination of which S&P Industry Classification to which an Obligor belongs shall be made in good faith by the Servicer.

Examples of S&P Industry Classification in a sentence

• S&P Industry Classification: The S&P Industry Classifications set forth in Schedule 3 hereto, and such industry classifications shall be updated at the option of the Collateral Manager if S&P publishes revised industry classifications.

• S&P Industry Diversity Measure: The value calculated by determining the Aggregate Principal Balance of the S&P CLO Specified Assets within each S&P Industry Classification, then dividing each of these amounts by the Aggregate Principal Balance of the S&P CLO Specified Assets from all the industries, squaring the result for each industry, then taking the reciprocal of the sum of these squares.

• S&P Industry Classification means in respect of a Reference Entity, the classification identified in the table attached in Part 1 of Annex 5.

• S&P Industry Classification: The S&P Industry Classifications set forth in Schedule 2 hereto, and such industry classifications shall be updated at the option of the Collateral Manager if S&P publishes revised industry classifications.

• In calculating the Scenario Loss Rate, the S&P CDO Evaluator Model considers each obligor's S&P Adjusted Rating, the weighting of each obligor in the Reference Portfolio, the seniority and S&P Industry Classification in the Reference Portfolio, and the remaining weighted average maturity of the Reference Portfolio, calculates a cumulative loss rate based on the statistical probability of distributions of defaults on the Reference Portfolio.

More Definitions of S&P Industry Classification

S&P Industry Classification means each industry identified on Schedule B.

S&P Industry Classification means, for the purposes of determining S&P Eligible Assets, each of the following industry classifications (or such other classifications as S&P may from time to time approve for application to the Preferred Shares:

S&P Industry Classification means industry classifications set forth in Schedule IV hereto, as such industry classifications shall be updated with the consent of the Borrower, the Agent and the Required Lenders if S&P publishes revised industry classifications.

S&P Industry Classification. The industry classifications set forth in Schedule 2, as such industry classifications shall be updated at the option of the Collateral Manager (with notice to the Trustee and the Collateral Administrator) if S&P publishes revised industry classifications.

S&P Industry Classification. Each industry identified in Schedule 2.

S&P Industry Classification means the S&P Industry Classifications set forth in Schedule D-2 hereto.

S&P Industry Classification means any of the industry classifications set forth on Schedule B hereto, including any such modifications that may be made thereto or such additional classifications that may be subsequently established by S&P and provided by the Collateral Manager or S&P to the Trustee and the Collateral Administrator.