Eligible Investment Required Ratings. A long-term debt rating of at least “A+” by S&P or a long-term debt rating of at least “A” by S&P and a short-term debt rating of at least “A-1” by S&P.
Eligible Investment Required Ratings means, in the case of each Eligible Investment, a short-term credit rating of at least “A-1” (or, in the absence of a short-term credit rating, “AA-” or better) from S&P.
Eligible Investment Required Ratings means a long-term senior unsecured debt rating of at least “A” and a short-term credit rating of at least “A-1” by S&P (or, if such institution has no short-term credit rating, a long-term senior unsecured debt rating of at least “A+” by S&P).
Examples of Eligible Investment Required Ratings in a sentence
B-124 Eligible Investment Required Ratings B-135 Eligible Loan Index.............................
More Definitions of Eligible Investment Required Ratings
Eligible Investment Required Ratings means a long-term senior unsecured debt rating of at least "A" and a short-term credit rating of at least "A-1" by S&P (or, if such institution has no short-term credit rating, a long-term senior unsecured debt rating of at least "A+" by S&P).
Eligible Investment Required Ratings means, with respect to any obligation or security, that such obligation or security (a) (i) if such obligation or security has both a long-term and a short-term credit rating from Xxxxx’x, such ratings are “Aa3” or better (not on credit watch for possible downgrade) and “P-1” (not on credit watch for possible downgrade), respectively, (ii) if such obligation or security only has a long-term credit rating from Xxxxx’x, such rating is “Aaa” (not on credit watch for possible downgrade) and (iii) if such obligation or security only has a short-term credit rating from Xxxxx’x, such rating is “P-1” (not on credit watch for possible downgrade) and (b) has a rating of “A-1” or better (or, in the absence of a short-term credit rating, a long-term credit rating of “A+” or better) from S&P.
Eligible Investment Required Ratings means: (a) if such obligation or security (i) has both a long-term and a short-term credit rating from Mxxxx’x, such ratings are “Aa3” or better (not on credit watch for possible downgrade) and “P-1” (not on credit watch for possible downgrade), respectively, (ii) has only a long-term credit rating from Mxxxx’x, such rating is “Aaa” (not on credit watch for possible downgrade) and (iii) has only a short-term credit rating from Mxxxx’x, such rating is “P-1” (not on credit watch for possible downgrade) and (b) “A-1” or better (or, in the absence of a short-term credit rating, “A+” or better) from S&P.
Eligible Investment Required Ratings means, in the case of each Eligible Investment, a DBRS Short Term Rating of at least “R-1 (middle)” and, in the case of any Eligible Investment with a maturity of longer than 90 days, a DBRS Long Term Rating of at least “AA (low)”.
Eligible Investment Required Ratings. (a) If such obligation or security (i) has both a long-term and a short-term credit rating from Moody’s, such ratings are “Aa3” or better (not on credit watch for possible downgrade) and “P-1” (not on credit watch for possible downgrade), respectively, (ii) has only a long-term credit rating from Moody’s, such rating is (x) at least equal to or higher than the sovereign rating of the United States government and (y) in no event less than “Baa2” and (iii) has only a short-term credit rating from Moody’s, such rating is “P-1” (not on credit watch for possible downgrade) and (b) to the extent that Fitch is rating any Notes then Outstanding, for obligations or securities (i) with remaining maturities up to 30 days, a short-term credit rating of at least “F1” and a long-term credit rating of at least “A” (if such long-term rating exists) from Fitch or (ii) with remaining maturities of more than 30 days but not in excess of 60 days, a short-term credit rating of “F1+” and a long-term credit rating of at least “AA-” (if such long-term credit rating exists) from Fitch.
Eligible Investment Required Ratings means, (a) with respect to any obligation or security, with respect to ratings assigned by Xxxxx’x, “Aa2” or higher or “P-1” for one month instruments, “Aa2” or higher and “P-1” for three month instruments, “Aa3” or higher and “P-1” for six month instruments and “Aa2” or higher and “P-1” for instruments with a term in excess of six months and (b) with respect to rating assigned by S&P, “A-1” or “A-1+” for short term instruments and “A” or higher for long term instruments.
Eligible Investment Required Ratings means (i) during the Moody's Rating Period, with respect to Moody's, a long-term credit rating of at least "A2" (and not on credit watch for downgrade) or a short-term credit rating of "P-1" (and not on negative credit watch for downgrade) or such other rating as satisfies the Moody's Rating Condition and (ii) during the S&P Rating Period, with respect to S&P, a long term credit rating of at least "AA-" (and not on negative credit watch) and a short-term credit rating of at least "A-1" (and not on negative credit watch), or, if it has no short-term credit rating by S&P, a long-term credit rating of at least