Rating of Notes Clause Samples
The "Rating of Notes" clause establishes requirements or conditions related to the credit rating assigned to debt instruments, such as notes, issued under an agreement. Typically, this clause specifies that the notes must be rated by a recognized credit rating agency, and may set minimum rating thresholds that must be maintained throughout the life of the notes. For example, it might require that the notes achieve at least an investment-grade rating before issuance or that the issuer take corrective action if the rating falls below a certain level. The core function of this clause is to provide assurance to investors and counterparties regarding the creditworthiness of the notes, thereby managing risk and supporting market confidence in the securities.
Rating of Notes. The Depositor shall take all reasonable action necessary to enable each Rating Agency to provide the Notes with the ratings indicated in the Ratings Free Writing Prospectus from the nationally recognized statistical rating organizations named therein.
Rating of Notes. The Notes shall have been given a rating of not less than AAA by Fitch prior to the date of issuance thereof.
Rating of Notes. In accordance with Financial Industry Regulatory Authority Rule 5121(a)(1)(C), the Notes have been rated in an investment grade category by ▇▇▇▇▇’▇ Investors Service, Inc. and S&P Global Ratings. Any certificate signed by any officer of any Enterprise Party and delivered to the Representatives or counsel for the Underwriters pursuant to this Agreement shall be deemed a representation and warranty by the Enterprise Parties signatory thereto, as to the matters covered thereby, to each Underwriter.
Rating of Notes. The Depositor shall take all reasonable action necessary to enable M▇▇▇▇’▇ Investors Service, Inc. (“Moody’s”) and Standard and Poor’s Ratings Services, a division of the M▇▇▇▇▇-▇▇▇▇ Companies, Inc. (“S&P” and together with Moody’s, the “Rating Agencies”) to provide the Class A-1 Notes with the highest short-term rating, the remaining classes of the Notes with the highest long-term rating or its equivalent at the Closing Date.
Rating of Notes. The Company shall take all commercially reasonable action necessary to enable Standard & Poor’s Rating Services, a division of The ▇▇▇▇▇▇-▇▇▇▇, Inc. Companies, and ▇▇▇▇▇’▇ Investor Services, Inc. to provide their respective credit ratings to the Notes at or prior to the time of their initial issuance. The Representatives, on behalf of the several Initial Purchasers, may in their sole discretion, waive in writing the performance by the Company of any one or more of the foregoing covenants or extend the time for their performance.
Rating of Notes. DBRS shall have delivered to the Company a letter assigning a private credit rating to the Notes of not less than “BBB” (which letter shall comply with the terms and conditions set forth in Section 9.10), and the Company shall have delivered a copy of such ratings letter to such Purchaser.
Rating of Notes. The Notes shall have received an investment grade rating from one of the four "nationally recognized statistical rating organizations" and you shall have received evidence that such rating remains in effect at the Effective Time.
Rating of Notes. The Notes shall have been given a Rating Letter of not less than “AAA” by ▇▇▇▇▇ prior to the date of issuance thereof and evidence of such will have been provided to the Purchasers (which shall include the information described in Section 9.8 and shall include the related Private Letter Rating Rationale Report with respect to such rating).
Rating of Notes. In accordance with Rule 2720(c)(3)(C) of the Conduct Rules of the Financial Industry Regulatory Authority (“FINRA”), the Notes have been rated in an investment grade category by ▇▇▇▇▇’▇ Investors Service and Standard & Poor’s Ratings Services. Any certificate signed by any officer of a Spectra Party and delivered to the Representatives or counsel for the Underwriters pursuant to this Agreement shall be deemed a representation and warranty by the Spectra Party signatory thereto, as to the matters covered thereby, to each Underwriter.
Rating of Notes. The Issuer shall take all reasonable action necessary to enable [▇▇▇▇▇’▇ Investors Service, Inc. (“Moody’s”) and Standard & Poor’s Ratings Services LLC (“S&P”),] to provide their respective credit ratings of the Notes.