by Xxxxx x and "F1" by Fitch and whose long-term, unsecured and unsubordinated debt obligations are then rated not less than "AA-" by S&P, "A1" by Xxxxx'x and "A+" by Fitch (or its equivalent by any substitute rating agency);
by Xxxxx x and "A" by Fitch and S&P. Eligible Accounts may bear interest, and may include, if otherwise qualified under this definition, accounts maintained with the Trustee or the Paying Agent. If the rating of the short-term or long-term unsecured debt obligations of the depository institution or trust company that maintains the account or accounts is no longer compliant with the requirements set forth in the immediately preceding sentence, the funds on deposit therewith in connection with this transaction shall be transferred to an Eligible Account within 30 days of such downgrade."
by Xxxxx x and "F1" by Fitch and its long-term, unsecured and unsubordinated debt obligations are then rated not less than "AA-" by S&P, "A1" by Xxxxx'x and "A+" by Fitch (or its equivalent by any substitute rating agency) or such Transferee's obligations under this Agreement are guaranteed by an entity whose short-term, unsecured and unsubordinated debt obligations are then rated not less than "A-1+" by S&P, "Prime-1" by Xxxxx'x and "F1" by Fitch and whose long-term, unsecured and unsubordinated debt obligations are then rated not less than "AA-" by S&P, "A1" by Xxxxx'x and "A+" by Fitch (or its equivalent by any substitute rating agency);
Examples of by Xxxxx in a sentence
Buyer may have the Property inspected by inspectors selected by Xxxxx and licensed by TREC or otherwise permitted by law to make inspections.
Any extension of the Closing must be agreed upon, in writing, by Xxxxx and Seller.
Such insurance shall contain coverage for all premises and operations, broad form property damage, contractual liability (including, without limitation, that specifically assumed under paragraph a herein) and goods and completed-operations insurance with limits of not less than $1,000,000 per occurrence for a minimum of twenty-four (24) months after final acceptance of the work by Xxxxx.
Any permitted assignee of this Limited Warranty shall execute such agreements as may reasonably be requested by Xxxxx to confirm the applicability of any term hereof as a condition to assignment.
Throughout the period when work is performed and until final acceptance by Xxxxx, Seller shall, and ensure that any subcontractor thereof shall, cover or maintain insurance in accordance with the applicable laws relating to Workers’ Compensation (and Employers’ Liability with limits not less than $1,000,000 per incident) with respect to all of their respective employees working on or about Buyer's premises.
More Definitions of by Xxxxx
by Xxxxx x Investors Services or "A-1" by Standard & Poor's Corporation, or with an equivalent rating by another rating agency of nationally recognized standing, maturing within three hundred sixty-five (365) days from the date of acquisition;
by Xxxxx x and on a credit watch with positive implications by Xxxxx'x, and (y)(1) "A" by S&P or (2) "A-" by S&P and on a credit watch with positive implications by S&P (or its obligations are not guaranteed by entities with such ratings) (or, in the case of a CP Conduit, its commercial paper notes do have short term ratings of at least "P-1" by Xxxxx'x and "A-1" by S&P), the Borrower may, at its option upon at least ten (10) Business Days' notice to the Administrative Agent and such Lender, replace such Lender as contemplated by, and in the manner provided in Section 3.4.7. The Administrative Agent shall notify Xxxxx'x and S&P as soon as practicable of such Lender or guarantor who fails to have or maintain the ratings described above. [Signatures begin on the next page.]
by Xxxxx x Investors Service, Inc. ("Moody's") (or its short-term senior unsecured debt rating is reduced below "P-1" by Moody's) or withdrawn or reduced below "A" by Fitch, Inc. ("Fitch", and together with S&P and Moody's, the "Swap Rating Agencies"), within 30 days of such rating withdrawal, as applicable, or downgrade (unless, within 30 days after such withdrawal, as applicable, or downgrade each such Swap Rating Agency has reconfirmed the rating of the Class A-3a Notes issued by Party B (the "Notes") which was in effect immediately prior to such withdrawal or downgrade), Party A at its own expense shall (i) obtain a replacement ISDA Master Agreement and Transactions thereunder with another counterparty approved by Party B (which approval shall not be unreasonably withheld) on terms substantially similar to this Agreement and the outstanding Transactions hereunder, (ii) obtain a guaranty of, or a contingent agreement of another person to honor, Party A's obligations under this Agreement and any Transactions hereunder; provided that such other person is approved by Party B, such approval not to be unreasonably withheld, (iii) post collateral (while, in the event of a withdrawal or downgrade below the required rating by S&P, arranging for a substitute swap counterparty with the required rating to assume its obligations under this Agreement and the outstanding Transaction hereunder as provided in clause (i) above), or (iv) establish any other arrangements satisfactory to the Swap Rating Agencies, in each case under clause (i) through (iii) above, which will be sufficient to restore or maintain the immediately prior ratings by the Swap Rating Agencies of the Notes. Notwithstanding the foregoing, in the event that Party A's long term senior unsecured debt rating is withdrawn or reduced to "A3" or lower by Moody's (or its short-term senior unsecured debt rating is withdrawn or reduced to "P-3" or lower by Moody's), then within 30 days after such withdrawal or downgrade Party A (i) shall obtain a replacement ISDA Master Agreement and Transactions thereunder with another counterparty approved by Party B (which approval shall not be unreasonably withheld) on terms substantially similar to this Agreement and the outstanding Transactions hereunder or (ii) only in the case where such rating has been withdrawn by Moody's, shall establish any other arrangements satisfactory to Moody's in order to maintain the immediately prior rating by Moody's of the Notes. If Party A shall ...
by Xxxxx x and "F-1+" by Fitch in the case of accounts in which funds are held for thirty (30) days or less (or, in the case of accounts in which funds are held for more than thirty (30) days, the long term unsecured debt obligations of which are rated at least "AA" by Fitch and S&P and "Aa2" by Xxxxx'x).
by Xxxxx x and "A" by Fitch.
by Xxxxx x and "A-1+" by S & P;
by Xxxxx x and "A-1" by S&P), the Borrower may, at its option upon at least ten (10) Business Days' notice to the Administrative Agent and such Lender, replace such Lender as contemplated by, and in the manner provided in Section 3.4.7. The Administrative Agent shall notify Xxxxx'x and S&P as soon as practicable of such Lender or guarantor who fails to have or maintain the ratings described above. [Signatures begin on the next page.]