Unrated literally means that this particular media instance has not been rated. This frequently means that a work has never been self-rated or submitted to a ratings body, either because of the nature of the work (e.g., a sporting event) or for budgetary reasons.
Unrated means, as to any Borrower, that no senior unsecured long-term debt of such Borrower is rated by S&P and no senior unsecured long-term debt of such Borrower is rated by Moody's.
Unrated means, with respect to a Customer, sub investment grade or not rated by S&P and Moody’s; [***].
Examples of Unrated in a sentence
Unrated investments are assigned a score based on their perceived risk.
Unrated investments do not necessarily indicate low credit quality.
Credit Qualifying means a Rated Market Participant that has an Investment Grade Rating and an Unrated Market Participant that satisfies the Credit Threshold.
Credit Threshold consists of the conditions for Unrated Market Participants outlined in Section II.B.2 of the ISO New England Financial Assurance Policy.
Unrated investments, if any, would require specific approval from a committee constituted for the purpose.
More Definitions of Unrated
Unrated means any obligation which is unrated or has had its rating withdrawn by each of Xxxxx’x, S&P and Fitch.
Unrated means, as to any Bank, that no senior unsecured long-term Dollar-denominated debt or deposit obligations of such Bank is rated by S&P and no senior unsecured long-term Dollar-denominated debt or deposit obligations of such Bank is rated by Mxxxx’x.
Unrated means, as of any date, that S&P or Moody's, as applicable, on such date has not announced the rating for any class, or has terminated a prior rating for each class, of long-term public or private unsecured debt securities issued by the Company.
Unrated. , in relation to a security, means the absence of an eligible external credit assessment for that security.
Unrated means a Market Participant that is not a Rated Market Participant. Unsecured Covered Entity is, collectively, an Unsecured Municipal Market Participant and an Unsecured Non-Municipal Covered Entity. Unsecured Municipal Default Amount is defined in Section 3.3(i) of the ISO New England Billing Policy. Unsecured Municipal Market Participant is defined in Section 3.3(h) of the ISO New England Billing Policy. Unsecured Municipal Transmission Default Amount is defined in Section 3.4.f of the ISO New England Billing Policy. Unsecured Non-Municipal Covered Entity is a Covered Entity that is not a Municipal Market Participant or a Non-Market Participant Transmission Customer and has a Market Credit Limit or Transmission Credit Limit of greater than $0 under the ISO New England Financial Assurance Policy. Unsecured Non-Municipal Default Amount is defined in Section 3.3(i) of the ISO New England Billing Policy. Unsecured Non-Municipal Transmission Default Amount is defined in Section 3.3(i) of the ISO New England Billing Policy. Unsecured Transmission Default Amounts are, collectively, the Unsecured Municipal Transmission Default Amount and the Unsecured Non-Municipal Transmission Default Amount. Unsettled FTR Financial Assurance is an amount of financial assurance required from a Designated FTR Participant as calculated pursuant to Section VI.B of the ISO New England Financial Assurance Policy. Updated Measurement and Verification Plan is an optional Measurement and Verification Plan that may be submitted as part of a subsequent qualification process for a Forward Capacity Auction prior to the beginning of the Capacity Commitment Period of the On-Peak Demand Resource or Seasonal Peak Demand Response project. The Updated Measurement and Verification Plan may include updated project specifications, measurement and verification protocols, and performance data as described in Section III.13.1.4.3.1.2 of Market Rule 1 and the ISO New England Manuals. VAR CC Rate is the CC rate paid to Qualified Reactive Resources for VAR Service capability under Section IV.A of Schedule 2 of the OATT. VAR Payment is the payment made to Qualified Reactive Resources for VAR Service capability under Section IV.A of Schedule 2 of the OATT. VAR Service is the provision of reactive power voltage support to the New England Transmission System by a Qualified Reactive Resource or by other generators that are dispatched by the ISO to provide dynamic reactive power as described in Schedule 2 of th...
Unrated means that a safety rating has not been assigned to the motor carrier by the FMCSA.The
Unrated means, as of any date, that either Moody's or S&P on such date has not announced a rating, or has terminated a prior rating, for each class of long-term public unsecured senior debt issued by the Borrower or that the Borrower does not have outstanding any long-term public unsecured senior debt issued by it.