Grade 2 definition

Grade 2 means that, under the Originator’s loan grading system, which ranks loans based on its analysis of credit quality of the underlying assets, the Obligor is performing slightly below expectations, the Loan risk has increased since origination, the Obligor may be out of compliance with debt covenants, however, Scheduled Payments are not more than 120 days past due.
Grade 2 means an operator able to operate one section of plant competently.
Grade 2 means a worker who having passed the Emergency Response Driver Course including prescribed assessments appropriate to this grade is appointed by the Chief Executive National Commander to drive and operate all fire appliances and ancillary vehicles excluding those listed under Driver 1 above.

Examples of Grade 2 in a sentence

  • Steel pipe piles less than 360 mm in diameter shall conform to the requirements in ASTM Designation: A 252, Grade 2 or 3.

  • In addition ASTM C 881, Type IV, Grade 2 or 3, Class A, B, or C may be used.

  • Polyisocyanurate Board Insulation: ASTM C 1289, Type II, Class 1, Grade 2, felt or glass-fiber mat facer on both major surfaces.

  • Provincial Heritage Resources Authority (PHRA) identifies and manages Grade 2 heritage resources.

  • Grade 2 Bachelor’s degree or associate’s plus approved contact hours of occupationally related discipline1, or associate’s plus 60 upper level credit hours in an approved instructional field(s).


More Definitions of Grade 2

Grade 2 means an employee whose duties require that he or she use basic skills and work under regular supervision or who is required to gain competence through training and/or experience.
Grade 2 means an employee able to carry out one task competently.
Grade 2 means an Employee appointed as such who: Has satisfactorily completed up to 6 months' structured training or has acquired individual competency so as to enable the Employee to perform work within the scope of this grade. An Employee at this grade performs work above and beyond the skills of a Grade One Employee to the grade of their training:
Grade 2 means to quality at Grade 2 a non trade Production employee will have been credited with at least thirty five (35) points from the applicable Career Path Model, at least thirty (30) of which must be in Core Skills.
Grade 2 means a correctional facility for confining inmates not more than 90 days; and
Grade 2 means an Employee appointed as such, who has completed or acquired the competency to perform the tasks within the position descriptions assigned to this grade: Job titles at this grade include: Storeperson Driver
Grade 2 means an employee able to carry out one task competently. ‘Grade 3’ shall mean an employee able to carry out two tasks competently. ‘Grade 4’ shall mean an employee able to carry out three tasks competently.