Investment Grade Rated definition

Investment Grade Rated means an Applicant with at least one current rating assigned by a Nationally Recognized Rating Agency that is not less than BBB‐ (S&P and Fitch) or Baa3 (Moody’s), as well as no Non‐Investment Grade Rated Credit Ratings from any of the Nationally Recognized Rating Agencies.

Investment Grade Rated means having a Long Term Debt Rating of BBB- or better by S&P, Baa3 or better by Moody’s and BBB- or better by Fitch.

Investment Grade Rated means an Applicant with at least one current rating assigned by a NRRA that is not less than BBB- (S&P and Fitch) or Baa3 (Moody’s), as well as no Non-Investment Grade Rated Credit Ratings from any of the NRRAs.

Examples of Investment Grade Rated in a sentence

• The Company defines an Investment Grade Rated tenant as a tenant or the parent of a tenant with a credit rating from S&P Global Ratings, Moody’s Investors Service, Fitch Ratings or the National Association of Insurance Commissioners of Baa3, BBB-, or NAIC-2 or higher.

• Office Distribution Industrial FOCUS ON HIGH - QUALITY TENANTS Only Focused on Markets with Quality Sovereign Debt Ratings (S&P) U.S. Luxembourg Germany The Netherlands Finland U.K. France AA+ AAA AAA AAA AA+ AA AA Best - in - class portfolio leased to largely Investment Grade Rated Tenants (1) in well established markets in the U.S. and Europe 1.

• The Company defines an Investment Grade Rated tenant as a tenant or the parent of a tenant with a credit rating from Moody’s Investors Service, S&P Global Ratings, Fitch Ratings or the National Associated of Insurance Commissioners of Baa3, BBB-, NAIC-2 or higher.

• The number of directors currently constituting the Board of Directors is ten (10).

• The Company's obligation to comply with this covenant will be suspended at any time once the Notes or the Exchange Notes are Investment Grade Rated.

More Definitions of Investment Grade Rated

Investment Grade Rated. The term "Investment Grade Rated" shall mean, with ---------------------- respect to any security, both a rating of such security by Standard & Poor's Ratings Group (or successor entity) of BBB- or better and a rating of such security by Xxxxx'x Investors Service (or successor entity) of Baa3 or better.

Investment Grade Rated means, with respect to the Securities, both a rating of the Securities by S&P of BBB- or higher and a rating of the Securities by Moody's of Baa3 or higher.

Investment Grade Rated means, with respect to any Person on the date of determination, such Person’s current long-term, senior unsecured debt obligations are rated “BBB-” or greater by S&P and “Baa3” or greater by Moody’s.

Investment Grade Rated means having a credit rating applicable to long term, unsecured and unsubordinated indebtedness of BBB- or better by Standard & Poor’s Ratings Group and Baa3 or better by Mxxxx’x Investors Service, Inc.

Investment Grade Rated means a senior unsecured credit rating of "BBB" or higher (or the equivalent) as determined by Standard & Poor's (or an equivalent national credit rating service). In addition, Tenant may assign its interest in this Lease, without Landlord's prior written consent but with reasonable prior written notice to Landlord, to any corporation or other entity which controls, is controlled by, or is under common control with Tenant, a corporation or other entity will be regarded as in control of another corporation or entity if its owns or controls in excess of 50% of the voting stock or other ownership interest of the other corporation or entity), subject to the prerequisite condition that the corporation or other entity to which Tenant's interest in this Lease would be assigned must demonstrate to the satisfaction of Landlord that: (i) it has financial soundness and capability which is equal to or greater than that of Tenant, (ii) it's net worth is equal to or greater than that of Tenant's immediately preceding such assignment, (iii) the assignee's use of the Premises will be compatible with the provisions of the Lease, and (iv) each and every covenant, condition or obligation imposed upon Tenant by this Lease is assumed by such assignee and each and every right, remedy or benefit afforded Landlord by this Lease is not thereby impaired or diminished.

Investment Grade Rated means having a rating of BBB, A, AA or AAA, as modified by any plus or minus indication, or an equivalent successor rating, by S&P or any of its successors or assigns and a rating of Baa, A, Aa or Aaa, as modified by any numerical indication, or an equivalent successor rating, by Moody's or any of its successors or assigns.

Investment Grade Rated. New Borrowing Group," and "Notes Restricted Group."