Fitch Rating definition

Fitch Rating means, at any time, the rating published by Fitch of the Borrower’s Index Debt.

Fitch Rating means, at any time, the rating issued by Fitch and then in effect with respect to the Borrower’s senior unsecured long-term public debt securities without third party credit enhancement (it being understood that if the Borrower does not have any outstanding debt securities of the type described above but has an indicative rating from Fitch for debt securities of such type, then such indicative rating shall be used for determining the “Fitch Rating”).

Fitch Rating means, at any time, the rating issued by Fitch and then in effect with respect to the Borrower’s senior unsecured long-term public debt securities without third-party credit enhancement (it being understood that if the Borrower does not have any outstanding debt securities of the type described above but has an indicative rating from Fitch for debt securities of such type, then such indicative rating shall be used for determining the “Fitch Rating”).

Examples of Fitch Rating in a sentence

• The Collateral Management and Administration Agreement contains detailed provisions for determining the Moody’s Rating and the Fitch Rating.

• In most instances, the Moody’s Rating and the Fitch Rating will not be based on or derived from a public rating of the Obligor or the actual Collateral Obligation.

• In most cases, the Fitch Rating and Moody’s Rating in respect of a Collateral Obligation will be based on a confidential credit estimate determined separately by Moody’s and/or Fitch.

• In certain cases, the Moody’s Rating and/or Fitch Rating of a Collateral Obligation may be derived from a rating assigned to such Collateral Obligation by a different rating agency.

• The Collateral Management and Administration Agreement contains detailed provisions for determining the Fitch Rating and the Moody’s Rating.

More Definitions of Fitch Rating

Fitch Rating means, on any date of determination, the rating accorded the Borrower’s senior unsecured long-term debt by Fitch (or if the Obligations are secured, the rating accorded to the Borrower’s senior secured long-term debt by Fitch), or if such rating is unavailable, the Borrower’s long-term issuer default rating accorded to it by Fitch.

Fitch Rating means, at any time, the rating issued by Fitch and then in effect with respect to the Borrower’s public corporate credit rating.

Fitch Rating means, with respect to any Collateral Obligation, as of any date of determination, the rating determined in accordance with the following methodology:

Fitch Rating means, at any time, the rating of the long-term senior unsecured non-credit-enhanced debt obligations of the Borrower then outstanding most recently announced by Fitch.

Fitch Rating means the most recently-announced rating from time to time of Fitch assigned to any class of long-term senior, unsecured debt securities issued by Prologis, as to which no letter of credit, guaranty or third party credit support is in place, regardless of whether any such Indebtedness has been issued at the time such rating was issued.

Fitch Rating has the meaning specified in Annex C.

Fitch Rating means, for any Loan, the rating assigned to such Loan by Fitch, as updated from time to time by Fitch.