Designated Rating Agencies definition

Designated Rating Agencies means up to any three of S&P, Xxxxx’x, Fitch or any other rating agency selected by the Parent which is recognized by the SEC and identified by the Parent from time to time in a Rating Agency Designation and “Designated Rating Agency” shall mean any one of the foregoing. Until such time as the Parent shall have delivered a Rating Agency Designation to the Administrative Agent, the Designated Rating Agencies shall be S&P and Fitch.
Sample 1Sample 2
Designated Rating Agencies means Xxxxx’x, S&P or Fitch’s.
Sample 1Sample 2Sample 3
Designated Rating Agencies means S&P and Moody’s, and “Designated Rating Agency” means either of them.
Sample 1Sample 2Sample 3

Examples of Designated Rating Agencies in a sentence

  • If it does, the Manager shall provide a copy of the report as soon as practicable after preparation to the Designated Rating Agencies.

  • The Note Trustee must within a reasonable time prior to any delegation or any renewal, extension or termination of any delegation give notice of it to the Trustee and the Designated Rating Agencies.

  • The Note Trustee must within a reasonable time prior to any delegation or any renewal, extension or termination of any delegation give notice of it to the Issuer and the Designated Rating Agencies.

  • Any resignation or removal of the Security Trustee and appointment of a successor security trustee will not become effective until acceptance of the appointment of that successor Security Trustee and confirmation by the Designated Rating Agencies that such appointment will not cause a downgrading, qualification or withdrawal of the then current ratings of the Notes.

  • Subject to clause 40.3(b), at least 7 days' notice (inclusive of the day on which the notice is given and of the day on which the meeting is held) shall be given to the Voting Mortgagees, the Beneficiary and all the Designated Rating Agencies.

  • The Note Trustee must within a reasonable time prior to the employment of any agent give notice of such employment to the Issuer and the Designated Rating Agencies.

  • ELIGIBILITY CRITERIA means the criteria set out in the schedule to this Supplementary Terms Notice, subject to the Trustee and Manager receiving confirmation from the Designated Rating Agencies that the criteria will not adversely affect the Rating.

  • Any resignation or removal of the Note Trustee and appointment of a successor note trustee will not become effective until acceptance of the appointment by that successor note trustee and confirmation by the Designated Rating Agencies that such appointment will not cause a downgrading, qualification or withdrawal of the then current ratings of the Class A Notes.

  • Subject to clause 15.4(b)), the retirement or removal of the Security Trustee shall not become effective until a new Security Trustee is appointed and the Manager has received confirmation by the Designated Rating Agencies that such appointment will not cause a downgrading, qualification or withdrawal of the then current ratings of the Notes.

  • A copy of a notice convening a meeting shall be given by the Trustee or the Manager (whichever is convening the meeting) to the other, and also to the Residual Income Beneficiaries and the Designated Rating Agencies.


More Definitions of Designated Rating Agencies

Designated Rating Agencies means up to any three of S&P, Moody’s, Fitch or any other rating agency selected by the Parent which is recognized by the SEC and identified by the Parent from time to time in a Rating Agency Designation and “Designated Rating Agency” shall mean any one of the foregoing. Until such time as the Parent shall have delivered a Rating Agency Designation to the Administrative Agent, the Designated Rating Agencies shall be Fitch.
Sample 1Sample 2
Designated Rating Agencies means S&P, Xxxxx’x and Fitch, and each of such Designated Rating Agencies is referred to individually as a “Designated Rating Agency”.
Sample 1
Designated Rating Agencies means Moody's and S&P.
Sample 1Sample 2
Designated Rating Agencies means Moody's and S&P and in the event that Moody's or S&P is not rating Dxxx xx corporations the common shares xx xxxxh are publicly traded, then another rating agency or agencies of recognized national standing. Otter Tail Corporation Note Purchase Agreement
Sample 1
Designated Rating Agencies means Moody's and S&P and in the event that Moody's or S&P is not rating Debt of corporations the common shares of which are publicly traded, then another rating agency or agencies of recognized national standing.
Sample 1

Related to Designated Rating Agencies

  • Designated Rating means, for a security or instrument, a rating issued by a designated rating organization, or its DRO affiliate, that is at or above one of the following rating categories, or that is at or above a category that replaces one of the following rating categories, if

  • Rating Agencies means DBRS, Fitch, KBRA, Xxxxx’x, Morningstar and S&P and their respective successors in interest or, if any of such entities shall for any reason no longer perform the functions of a securities rating agency, any other nationally recognized statistical rating agency reasonably designated by any Note Holder to rate the securities issued in connection with the Securitization of the related Note; provided, however, that, at any time during which the Mortgage Loan is an asset of one or more Securitizations, “Rating Agencies” or “Rating Agency” shall mean only those rating agencies that are engaged from time to time to rate the securities issued in connection with the Securitizations of the Notes.

  • Substitute Rating Agency means a “nationally recognized statistical rating organization” within the meaning of Section 3(a)(62) under the Securities Exchange Act of 1934, as amended, selected by the Company (as certified by a resolution of the Company’s board of directors) as a replacement agency for Moody’s or S&P, or both, as the case may be.

  • Credit Rating Agency means a nationally recognized credit rating agency that evaluates the financial condition of issuers of debt instruments and then assigns a rating that reflects its assessment of the issuer’s ability to make debt payments.

  • Other Rating Agency means each NRSRO, if any, other than Fitch then providing a rating for the MRP Shares pursuant to the request of the Company.

  • Rating Agency means only those rating agencies that are engaged from time to time to rate the securities issued in connection with the Securitizations of the Notes.

  • Nationally Recognized Rating Agency means any nationally recognized statistical rating organization identified as such by the Securities and Exchange Commission.

  • approved rating means, for a security, a rating at or above one of the following rating categories issued by an approved rating organization for the security or a rating category that replaces a category listed below:

  • Moody’s means Xxxxx’x Investors Service, Inc.

  • Rating Agency Event means that any nationally recognized statistical rating organization within the meaning of Section 3(a)(62) of the Exchange Act that then publishes a rating for the Company (a “rating agency”) amends, clarifies or changes the criteria it uses to assign equity credit to securities such as the Notes, which amendment, clarification or change results in:

  • S&P Rating means, at any time, the rating issued by S&P and then in effect with respect to the Borrower's senior unsecured long-term debt securities without third-party credit enhancement.

  • Rating means the operating limits as specified by the component manufacturer.