KBRA definition

KBRA means Xxxxx Bond Rating Agency, Inc. and its successors in interest.

KBRA. Xxxxx Bond Rating Agency, Inc. or its successors in interest. If neither KBRA nor any successor remains in existence, “KBRA” shall be deemed to refer to such other nationally recognized statistical rating agency or other comparable Person reasonably designated by the Depositor, notice of which designation shall be given to the Trustee, the Certificate Administrator, the Master Servicer and the Special Servicer and specific ratings of KBRA herein referenced shall be deemed to refer to the equivalent ratings (as reasonably determined by the Depositor) of the party so designated.

KBRA means Kxxxx Bond Rating Agency, Inc. or its successor in interest.

Examples of KBRA in a sentence

• As it becomes clear that the KBRA is not going to pass Congress in its current form, this could break loose the impasse it has caused and so the FERC process can restart.

• No later than four Business Days prior to each Payment Date, the Issuer shall furnish, or cause the Manager to furnish, to the Indenture Trustee, the Servicer and KBRA at xxxxxxxxxxxxxxx@xxxx.xxx (so long as it is a Rating Agency for any Series of Notes) a Manager Report.

• The Borrower shall promptly notify the Administrative Agent (and, if KBRA is providing a rating with respect to the Borrower, KBRA) of any event or other circumstance known to the Borrower that could reasonably be expected to result in a Material Adverse Effect.

• Furthermore, the Indenture Trustee shall at all times maintain (or shall have caused to have been appointed a fiscal agent that at all times maintains) a long-term unsecured debt rating of no less than investment grade from KBRA, to the extent then rated by KBRA, and a short-term unsecured debt rating of no less than investment grade from KBRA, to the extent then rated by KBRA.

• Right now, Oregon's and California's federally elected representatives need to inform XXXX, that Congress, for any number of reasons, is not going to adopt the KBRA.

More Definitions of KBRA

KBRA. Kxxxx Bond Rating Agency, Inc. or its successor-in-interest. If neither such rating agency nor any successor remains in existence, “KBRA” shall be deemed to refer to such other NRSRO or other comparable Person reasonably designated by the Depositor (and such designation shall be deemed to be reasonable if the Person so designated is an NRSRO that has been regularly engaged in rating new issue commercial mortgage-backed securities transactions during the 12 months preceding the designation), notice of which designation shall be given to the other parties hereto, and specific ratings of KBRA herein referenced shall be deemed to refer to the equivalent ratings of the party so designated. References herein to “applicable rating category” (other than such references to “highest applicable rating category”) shall, in the case of KBRA, be deemed to refer to such applicable rating category of KBRA, without regard to any plus or minus or other comparable rating qualification.

KBRA. Xxxxx Bond Rating Agency, Inc.

KBRA means Kroll Bond Rating Agency, Inc.

KBRA means Kroll Bond Rating Agency, LLC, and its successors and assigns.

KBRA means Kroll Bond Rating Agency, Inc. or any successor thereto.

KBRA. Xxxxx Bond Rating Agency, Inc. or its successor-in-interest. If neither such rating agency nor any successor remains in existence, “KBRA” shall be deemed to refer to such other NRSRO or other comparable Person reasonably designated by the Depositor (and such designation shall be deemed to be reasonable if the Person so designated is an NRSRO that has been regularly engaged in rating new issue commercial mortgage-backed securities transactions during the 12 months preceding the designation), notice of which designation shall be given to the other parties hereto, and specific ratings of KBRA herein referenced shall be deemed to refer to the equivalent ratings of the party so designated. References herein to “applicable rating category” (other than such references to “highest applicable rating category”) shall, in the case of KBRA, be deemed to refer to such applicable rating category of KBRA, without regard to any plus or minus or other comparable rating qualification.

KBRA means Xxxxx Bond Rating Agency, LLC or any successor thereto.