Existing Rating definition

Existing Rating means, for any Rating Agency on any date of determination, the Rating assigned to the Securities of any series by such Rating Agency as of such date.
Existing Rating means (i) B+ for Standard & Poor, (ii) Bl for Moody’s and (iii) B+ for Fitch, representing the equivalent rating from Fitch.
Existing Rating means a rating prepared by a district council pursuant to an inspection of a food business establishment as part of official controls under Regulation (EC) 882/2004 of the European Parliament and of the Council of 29th April 2004 on official controls performed to ensure the verification of compliance with feed and food law, animal health and welfare rules(c) undertaken prior to the commencement of section 1 of the Act

Examples of Existing Rating in a sentence

  • A Transmission Path's Existing Rating will not be lowered because of reduced maximum achievable flow on the path due to system changes made by others.

  • Transmission path owners that make changes to their system that reduce the maximum achievable path flow, will have their Existing Rating reduced by the amount the path's flow was reduced.

  • Describe your organization’s Solution for category C, Implementing New or Existing Rating Tools.

  • A project sponsor can elect to rate its path using different methods (e.g., the methods in MOD-029 or MOD-030) as agreed to by the PRG, but the process of stakeholder involvement and keeping the projects with Accepted or Existing Rating whole remains the same.

  • The study criteria that was required for establishing Accepted or Existing Rating has been changed and a path owner(s) or Project Sponsor(s) in at least Phase 2b of the Path Rating Process have requested a new path rating.

  • If a new transmission Project potentially impacts an Existing Rating or an Accepted Rating then it is required that preliminary Mitigation Plans be developed in Phase 2B by the project sponsor to alleviate the adverse impact.

  • Since then and with the arrival of the Canada 150 celebrations in 2017 the committee has grown exponentially.

  • The PRG is responsible for deciding if, and how, the Existing Rating will be demonstrated.

  • Existing Rating Structure Council’s current rating structure was adopted following consideration by the Corporate & Works Committee of reports on a review of the commercial (business) rating structure in December 2002 and on the distribution of rates between the various categories in May 2003.

  • At this juncture, acceptance of this position by some members of the review group would deny any benefits due to PacifiCorp, Idaho Power, BPA and AVISTA for the addition of the MPSL line for the increase in Path 14 rating that was established, demonstrated and accepted as an Existing Rating in 1981.


More Definitions of Existing Rating

Existing Rating means B1 or higher by Xxxxx’x and B+ or higher by S&P, or in case both Xxxxx’x and S&P cease to provide such rating, as applicable, for reasons outside the control of the Company, B+ or higher by Fitch (or, if Xxxxx’x, S&P and Fitch cease to provide such rating, as applicable, for reasons outside of the control of the Company, the equivalent credit rating from any other Rating Agency).

Related to Existing Rating

  • 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.

  • Initial Rating With respect to the Secured Notes, the rating or ratings, if any, indicated in Section 2.3.

  • 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:

  • Risk Rating means, with respect to any Loan at any time, if such Loan is at such time (i) rated by both S&P and Moody’s, the lower of such ratings, (ii) rated by either S&P or Moody’s, such rating or (iii) not rated by either S&P or Moody’s, the rating determined by the Servicer’s risk rating model.

  • 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

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

  • Moody’s Rating means, at any time, the rating issued by Moody's and xxxx xx effect with respect to the Borrower's senior unsexxxxx xong-term debt securities without third-party credit enhancement.

  • Corporate Rating an opinion issued by S&P of an obligor’s overall financial capacity (its creditworthiness) to pay its financial obligations.

  • Credit Rating means, with respect to any entity, the rating then assigned to such entity’s unsecured, senior long-term debt obligations (not supported by third party credit enhancements) or if such entity does not have a rating for its senior unsecured long-term debt, then the rating then assigned to such entity as an issuer rating by S&P, Moody’s or any other rating agency agreed by the Parties as set forth in the Cover Sheet.

  • Applicable Rating means the rating assigned to each Class of the Series 2012-VF3 Notes by S&P, as the Note Rating Agency, upon the issuance of such Class as set forth below:

  • Specified Rating means, for the Class A(2017-2) Notes, Aaa(sf) with respect to Xxxxx’x, AAA(sf) with respect to Standard & Poor’s and AAAsf with respect to Fitch.

  • S&P Global Ratings means S&P Global Ratings, a division of S&P Global.

  • Note Rating Agency means, with respect to any Outstanding Series, Class or Tranche of Notes, each statistical note rating agency selected by the Issuer to rate such Notes.

  • Moody s” means Moody’s Investors Service, Inc.

  • Debt Rating has the meaning specified in the definition of “Applicable Rate.”

  • Index Debt Rating means the S&P Rating, the Xxxxx’x Rating and the Fitch Rating.

  • Threshold Rating means the short-term unsecured debt rating of P-1 by Moody’s and the short-term issuer credit rating of A-1 by Standard & Poor’s.

  • Ratings As of any date of determination, the ratings, if any, of the Certificates as assigned by the Rating Agencies.

  • Required Rating means, in the case of Moody's, the rating assigned to the Underlying Securities by Moody's as of the Closing Date, and, in the case of S&P, the rating assigned to the Underlying Securities by S&P as of the Closing Date.

  • Highest Rating Category means, with respect to a Permitted Investment, that the Permitted Investment is rated by S&P or Moody’s in the highest rating category given by that rating agency for that general category of security. By way of example, the Highest Rating Category for tax exempt municipal debt established by S&P is “A 1+” for debt with a term of one year or less and “AAA” for a term greater than one year, with corresponding ratings by Moody’s of “MIG 1” (for fixed rate) or “VMIG 1” (for variable rate) for three months or less and “Aaa” for greater than three months. If at any time (i) both S&P and Moody’s rate a Permitted Investment and (ii) one of those ratings is below the Highest Rating Category, then such Permitted Investment will, nevertheless, be deemed to be rated in the Highest Rating Category if the lower rating is no more than one rating category below the highest rating category of that rating agency. For example, a Permitted Investment rated “AAA” by S&P and “Aa3” by Moody’s is rated in the Highest Rating Category. If, however, the lower rating is more than one full rating category below the Highest Rating Category of that Rating Agency, then the Permitted Investment will be deemed to be rated below the Highest Rating Category. For example, a Permitted Investment rated “AAA” by S&P and “A1” by Moody’s is not rated in the Highest Rating Category.

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

  • Investment Grade Credit Rating means (a) with respect to Fitch, a credit rating of BBB- or higher, (b) with respect to Xxxxx’x, a credit rating of Baa3 or higher and (c) with respect to S&P, a credit rating of BBB- or higher.

  • Moody’s means Xxxxx’x Investors Service, Inc. and any successor thereto.

  • Debt Ratings has the meaning specified in the definition of “Applicable Rate.”

  • Index Debt means senior, unsecured, long-term indebtedness for borrowed money of the Borrower that is not guaranteed by any other Person or subject to any other credit enhancement.