Epstein Secrets

ng": The S&P Rating or Moody's Rating thereof, as the case may be (and with the correlative meaning "Rated"). "Rating Agency": Either of Moody's or Standard & Poor's: "Rating Agencies" shall mean Moody's and Standard & Poor's. collectively. "Rating Confirmation": With respect to any specified action, written co

"Rating Confirmation": With respect to any specified action, written confirmation by both Rating Agencies, or if expressly stated, by a specified Rating Agency, that such Rating Agency will not qualify, downgrade or withdraw its then-current respective rating of any Class of Senior Notes solely as a result

s no short-term rating, a long-term rating of at least "Al") and (b) a long-term rating of at least "A" and a short-term rating of at least "A-I" by Standard & Poor's or, if it does not have both of these specified ratings by S&P, then a long-term rating of at least "A+" by S&P and in each case such required rati

obal Security. "Hedge Counterparts Ratings": With respect to any Hedge Counterparty (or its guarantor under a guarantee satisfying the then-current Rating Agency criteria with respect to guarantees). (a) a long-term rating of at least "A2" and a short-term rating of "P-1" by Moody's (or if it has no short-ter

RATINGS OF THE NOTES It is a condition to the issuance of the Securities that the Class A-1 Notes be rated "Aaa" by Moody's and "AAA" by Standard & Poor's. that the Class A-2 Notes be rated at least "Aa2" by Moody's and at least - AK by Standard & Poor's, that the Class B Notes be rated at least "A2" b

by Standard & Poor's or Moody's or any other rating agency. The Co-Issuers will request within 20 Business Days after the Ramp-Up End Date that each Rating Agency confirm its ratings on the Senior Notes within 30 Business Days after the Ramp-Up End Date. A security rating is not a recommendation to buy, sell

no short-term rating, a long-term rating of at least "Al") and (b) a long-term rating of at least "A" and a short-term rating of at least "A-1" by Standard & Poor's or, if it does not have both of these specified ratings by S&P, then a long-term rating of at least "A+" by S&P and in each case such required rati

time of entry into the Hedge Agreement to which it is a party; provided that such Hedge Counterparty Credit Support satisfies the criteria of each Rating Agency at the time the Issuer enters into such Hedge Agreement and Rating Agency Confirmation is obtained. "Hedge Counterparty Ratings": With respect to a