Shadow Rating definition

Shadow Rating means the rating of the Series 2005-2 Notes by Standard & Poor’s or Xxxxx’x, as applicable, without giving effect to the Surety Bond.

Shadow Rating means a credit rating (not being an issuer credit rating) assigned to the Appointee by any reputable financial institution or firm of accountants applying principles, methodology and standards that are analogous to and consistent with those adopted by reputable credit rating agencies.

Shadow Rating means a metric developed by the Company to assess the creditworthiness of a tenant based on a review of corporate level financial information and assessment of business risks. A shadow rating does not constitute a published credit rating and lacks the extensive company participation that is typically involved when a rating agency publishes a rating and, accordingly, may not be as indicative of creditworthiness as a rating published by Moody's, S&P, or another nationally recognized statistical rating organization;

Examples of Shadow Rating in a sentence

• Discriminatory power is also checked by calculating the AUC value, and the Gini coefficient respectively.• Shadow rating procedure: The classic back-testing methodsused for default/non-default models cannot normally be ap- plied to portfolios with very few defaults.

• Discriminatory power is also checked by calculating the AUC value, and the Gini coefficient respectively.• Shadow rating procedure: The classic back-testing methodsused for default/non-default models cannot normally be applied to portfolios with very few defaults.

• Shadow rating will be undertaken individually for each of the two entities.

• Discriminatory power is also checked by calculating the AUC value, and the Gini coefficient respectively. Shadow rating procedure: The classic back-testing methodsused for default/non-default models cannot normally be ap- plied to portfolios with very few defaults.

• Shadow rating is an approach to determine the rating of the bond issuing company for a private placement.

More Definitions of Shadow Rating

Shadow Rating means the rating of the Class A Notes by Standard & Poor’s or Moody’s, as applicable, without giving effect to the Insurance Policy.

Shadow Rating means the rating of the Class A Notes by Standard & Poor’s or Xxxxx’x, as applicable, without giving effect to the Insurance Policy.

Shadow Rating means the underlying rating for the time being assigned to the Wrapped Notes of the Issuer without taking account of the benefit of the Financial Guarantee;

Shadow Rating means the rating of the Series 2003-2 Notes by Standard & Poor's or Xxxxx'x, as applicable, without giving effect to the Surety Bond.

Shadow Rating means the rating of the Series 2006-1 Notes by Standard & Poor’s or Moody’s, as applicable, without giving effect to the Surety Bond.

Shadow Rating means the rating of the Series 2004-1 Notes without giving effect to the Insurance Policy.

Shadow Rating means rating of the Notes at investment grade by the Rating Agencies, without giving effect to the Policy.