Threshold Rating definition

Threshold Rating means the short-term unsecured debt rating of P-1 by Moody's and A-1 by Standard & Poor's.

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Threshold Rating. “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, “Underwriting Agreement”, “United”, and “United Bankruptcy Event”.

Threshold Rating means the short-term unsecured debt rating of P-1 by Moody's and A-1 by Standard & Poor's; PROVIDED that so long as the initial Liquidity Provider is the Liquidity Provider, the Threshold Rating shall apply to the Liquidity Guarantor.

Examples of Threshold Rating in a sentence

• It will be an Additional Termination Event with respect to Party A if the relevant credit rating of Citibank, N.A or any assignee issued by any Rating Agency at any time is lower than the applicable Threshold Rating (“Credit Downgrade”).

• It will be an Additional Termination Event with respect to Party A if the relevant credit rating of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ or any assignee issued by any Rating Agency at any time is lower than the applicable Threshold Rating (“Credit Downgrade”).

• On the Extension Effective Date, the then effective Expiry Date shall be so extended without any further act; provided, however, that the Liquidity Provider shall meet the Threshold Rating on the Extension Effective Date.

• If at any time the short-term unsecured debt rating of any Liquidity Provider, issued by either Rating Agency is lower than the applicable Threshold Rating, within 10 days after such downgrading (but not later than the expiration date of the Liquidity Facility issued by the downgraded Liquidity Provider (the "Downgraded Facility")), such Liquidity Provider or America West may arrange for a Replacement Liquidity Provider to issue and deliver a Replacement Liquidity Facility to the Subordination Agent.

• A Downgrade Event shall have occurred if the credit rating of the Initial Liquidity Facility Provider by a Rating Agency falls below the applicable Threshold Rating by such Rating Agency unless a Rating Agency Confirmation is obtained within 14 Business Days of the Downgrade Date that the downgrading by such Rating Agency will not result in the downgrading, withdrawal or suspension of its rating of the Class 2012-A Notes.

More Definitions of Threshold Rating

Threshold Rating means (a) in the case of Moody’s, a Long-Term Rating of Baa2 with respect to the Class AA Liquidity Provider and Baa2 with respect to the Class A Liquidity Provider, and (b) in the case of Fitch, a Long-Term Rating of BBB+ with respect to the Class AA Liquidity Provider and BBB with respect to the Class A Liquidity Provider.

Threshold Rating. Trust Agreements", "Trustee", "Underwriters", "Underwriting Agreement" and "Written Notice".

Threshold Rating means, in the case of Fitch, either a Long-Term Rating of BBB- or a Short-Term Rating of F3 and, in the case of S&P, a Long-Term Rating of BBB-.

Threshold Rating means the short-term unsecured debt rating of P-1 by Moody's and A-1+ by Standard & Poor's, in the case of the Class A-1 Liquidity Facility, the Class A-2 Liquidity Facility and the Class B Liquidity Facility, and the short-term unsecured debt rating of P-1 by Moody's and A-1 by Standard & Poor's, in the case of the Class C-1 Liquidity Facility and the Class C-2 Liquidity Facility.

Threshold Rating. “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, and “Underwriting Agreement”.

Threshold Rating. “Transfer”, “Trust Agreement”, “Trustee”, “United”, and “United Bankruptcy Event”.

Threshold Rating. Transfer", "Trust Agreements, "Trustee" and "Written Notice".