Applicable Credit definition

Applicable Credit means the meaning established in 2 CFR 200.406.

Applicable Credit. Rating: For any long-term deposit or security, a credit rating of "AAA" in the case of S&P or "Aaa" in the case of Moody's (or with respect to investments in money market funds, a credit rating of "AAAm" or "AAAm-G" in the case of S&P and the highest rating given by Moody's for money market funds in the case of Moody's). For any short-term deposit or security, or a rating of "A-l+" in the case of S&P or "Prime-1" in the case of Moody's.

Applicable Credit means the meaning established in 2 CFR Part 225, Appendix A, Section C(4), and 2 CFR Part 230, Appendix A, Section A(5), respectively.

Examples of Applicable Credit in a sentence

• Capitalised terms used in these CDS Procedures but not defined in this paragraph 1 shall have the meaning given to such terms in the Rules, the relevant CDS Contract (including the Applicable Credit Derivatives Definitions) or elsewhere in these CDS Procedures (in that order of priority in the event of any conflict).

• The maximum Applicable Credit Percentage for acquisition of an existing building that will be subsequently rehabilitated is 4%.

• Matched Pairs will not be allocated in respect of any CDS Contracts for which the applicable Settlement Method is "Auction Settlement" following the occurrence of any Applicable Credit Event other than a Relevant Restructuring Credit Event.

• He requested that the budgetary provision of an amount of Rs.40,000/- each for Equipment Maintenance and Consumables respectively, be set aside for this Centre of Excellence.

• Listed below are types of projects, which could be considered eligible for the tax credits and the Applicable Credit Percentage for each project type.

More Definitions of Applicable Credit

Applicable Credit. Rating: For any long-term deposit or security, a credit rating of AAA in the case of S&P or Aaa in the case of Moody's (or with respect to investments in money market funds, a credit rating of "AAAm" or "AAAm-G" in the case of S&P and the highest rating given by Moody's for money market funds in the case of Moody's). For any short-term deposit or security, or a rating of A-l+ in the case of S&P or Prime-1 in the case of Moody's. Applicable State Law: For purposes of Section 9.12(d), the Applicable State Law shall be (a) the law of the State of New York and (b) such other state law whose applicability shall have been brought to the attention of the Securities Administrator and the Trustee by either (i) an Opinion of Counsel reasonably acceptable to the Securities Administrator and the Trustee delivered to it by the Master Servicer or the Depositor, or (ii) written notice from the appropriate taxing authority as to the applicability of such state law.

Applicable Credit. Rating: For any long-term deposit or security, a credit rating of "AAA" in the case of S&P or "Aaa" in the case of Xxxxx'x (or with respect to investments in money market funds, a credit rating of "AAAm" or "AAAm-G" in the case of S&P and the highest rating given by Xxxxx'x for money market funds in the case of Xxxxx'x). For any short-term deposit or security, or a rating of "A-l+" in the case of S&P or "Prime-1" in the case of Xxxxx'x.

Applicable Credit has the meaning specified in Section 2.06(d)(iv).

Applicable Credit means the meaning established in OMB Circulars A-87, C (4), and A-122, Attachment A, A (5), respectively.

Applicable Credit. Rating" contained in Schedule I to the Credit Agreement is hereby amended by deleting the text "BBB-/Baa3" appearing therein and inserting the text "BB+/Ba1" in lieu thereof.

Applicable Credit. Rating" contained in Schedule I to the Holdings Guaranty is hereby amended by deleting the text "BBB-/Baa3" appearing therein and inserting the text "BB+/Ba1" in lieu thereof.

Applicable Credit means one or more of the Credits as the context requires;