Nationally Recognized Statistical Rating Organization definition
Examples of Nationally Recognized Statistical Rating Organization in a sentence
Except with respect to permitted collateral for reverse repurchase agreements, U.S. Treasury Securities, U.S Government Agency Debentures, U.S. Government Sponsored Securities or Obligations and as noted below, a permissible investment must have a minimum rating as provided by a Nationally Recognized Statistical Rating Organization (“NRSRO”) as follows: Short Term Ratings designated below will be applied to investments maturing in 13 months or less from time of purchase.
None of the Moody’s Non-NRSRO CRAs is a Nationally Recognized Statistical Rating Organization.
Nationally Recognized Statistical Rating Organization Name: Title: Company: Phone: Email: All capitalized terms used in this schedule to Exhibit I will have the meanings assigned to such terms in the applicable Loan Obligations Purchase Agreement.
All required insurance policies shall be provided by a commercial insurer in one of the two highest rating categories by a Nationally Recognized Statistical Rating Organization (without regard to designations of plus (+) or minus (-)).
Nationally Recognized Statistical Rating Organization Name: Title: Company: Phone: Email: All capitalized terms used in this schedule to Exhibit H will have the meanings assigned to such terms in the Loan Obligation Purchase Agreement.