S&P and Moody Sample Clauses

The "S&P and Moody" clause defines the use of credit ratings from Standard & Poor's (S&P) and Moody's Investors Service as benchmarks for assessing the creditworthiness of parties, securities, or obligations within an agreement. In practice, this clause specifies that certain actions, such as triggering covenants or determining interest rates, depend on the ratings assigned by these agencies. For example, a downgrade by either S&P or Moody's may result in higher interest payments or the need for additional collateral. The core function of this clause is to provide an objective, industry-recognized standard for evaluating credit risk, thereby ensuring transparency and reducing ambiguity in financial contracts.
S&P and Moody s; except that, ▇▇▇ the purposes of the Class B-1, Class B-2, Class B-3, Class B-4 and Class B-5 Certificates, S&P shall be the sole Rating Agency. Regular Certificates.................. All Classes of Certificates, other than the Residual Certificates. Residual Certificates................. The Class II-A-R Certificates.
View SourceView Similar (7)
S&P and Moody s; except that, for purposes of the Class B-1, B-2, Class B-3, Cl▇▇▇ B-4 and Class B-5 Certificates, S&P shall be the sole Rating Agency. Regular Certificates...................... All Classes of Certificates, other than the Residual Certificates. Retail/Lottery Certificates............... None. Scheduled Certificates.................... None. Senior Certificates....................... The Group I Senior Certificates and Group II Senior Certificates, collectively. Senior Support Certificates............... None. Subordinated Certificates................. The Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates. Super Senior Certificates................. None. Support Classes........................... None. Targeted Principal Classes................ None.
View SourceView Similar (4)
S&P and Moody s; except that, fo▇ ▇▇▇▇▇ses of the Class B-1, Class B-4, Class B-5 and Class B-6 Certificates, S&P shall be the sole Rating Agency. Regular Certificates...
View Source

Related to S&P and Moody

  • Ownership and Publication of Materials All reports, information, data, and other materials prepared by the Consultant pursuant to this agreement are the property of the City. The City has the exclusive and unrestricted authority to release, publish or otherwise use, in whole or part, information relating thereto. Any re-use without written verification or adaptation by the Consultant for the specific purpose intended will be at the City’s sole risk and without liability or legal exposure to the Consultant. No material produced in whole or in part under this agreement may be copyrighted or patented in the United States or in any other country without the prior written approval of the City.

  • Ownership and Confidentiality of Records The Transfer Agent agrees that all records prepared or maintained by it relating to the services to be performed by it under the terms of this Agreement are the property of the Company and may be inspected by the Company or any person retained by the Company at reasonable times. The Company and Transfer Agent agree to protect the confidentiality of those records.

  • CONFIDENTIALITY & DATA PROTECTION Subject to the Texas Public Information Act and any similar legal requirements, neither Party shall disclose any confidential information obtained from the other Party without such Party's prior written approval. As applicable, Contractor shall maintain and process all information it receives in compliance with all applicable data protect/privacy laws and regulations and University policies.

  • Ownership and Use The System will be and remain the sole personal property of Vyve and will not be deemed to be affixed to the Premises. Customer will not, and will not authorize any other party to, tamper with, attach to or use any portion of the System without the prior written approval of Vyve. If any of the System is not removed from the Premises prior to the expiration of this Section 4 (as set forth in subsection (d) below), then Vyve will be deemed to have abandoned such personal property in place, and title to such property automatically will vest in Customer.

  • Ownership and Confidentiality 3.1 Ownership. UP42 own all right, title, and interests in and to the PRODUCT, and all rights not expressly granted herein are reserved by UP42. If the PRODUCT or any portion are modified, merged, incorporated, or combined into any software, hardware, or other data, or are converted or translated into another data format, they shall continue to be subject to the rights and obligations of this LICENCE, and UP42 and/or its licensors and suppliers retain ownership of all such PRODUCT and all such portions. Licensee is prohibited from distributing the PRODUCT in any manner except as expressly permitted by this LICENCE. LICENSEE acknowledges and agrees that the foregoing license does not confer on Licensee any right, title or interest in any of UP42’s patents, licenses, trade secrets, trademarks or copyrighted material.