Any reference in this Agreement to any specific rating is a reference to such rating as currently defined by Moody's Investors Service, Inc. Highest Rating Category means, with respect to an Eligible Investment, that the Eligible Investment is rated by each Rating Agency in the highest rating given by that Rating Agency for that general category of security.
If, however, the lower rating is more than one full rating category below the Highest Rating Category of that rating agency, then the Eligible Investment will be deemed to be rated below the Highest Rating Category. Building level or district level leader means an individual employed by the District whose job assignment is that of a building level or district level administrator or an equivalent role, including an administrator licensed by the State Board of Education, an unlicensed administrator, or an individual on an Administrator Licensure Completion Plan.
Building level or district level leader does not include the superintendent, deputy superintendents, associate superintendents, and assistant superintendents. Initially, the Applicable Rate shall be determined based upon the Debt Rating specified in the certificate delivered pursuant to Section 4.
Thereafter, each change in the Applicable Rate resulting from a publicly announced change in the Debt Rating shall be effective during the period commencing on the date of the public announcement thereof and ending on the date immediately preceding the effective date of the next such change.
Long-Term Rating has the meaning specified in the Intercreditor Agreement. Ratings As of any date of determination, the ratings, if any, of the Certificates as assigned by the Rating Agencies. New York City time. Notwithstanding any other provision of the above-referenced Underwriting Agreement, all references to the Registration Statement in the Underwriting Agreement shall be with reference to File No.
Subject to the terms and conditions and in reliance upon the representations and warranties set forth in the above-referenced Underwriting Agreement which is incorporated herein in its entirety and made a part hereof as supplemented by this Terms Agreement, the Seller agrees to sell to the Underwriter, and the Underwriter agrees to purchase from the Seller, the Offered Certificates.
The Underwriter has been retained solely to act as underwriter in connection with the sale of the Offered Certificates to investors including the establishment of the price Samhälle och Arbete the Offered Certificates to investorsand no fiduciary, advisory or agency relationship between Seller and the Underwriter has been created in respect of any of the transactions contemplated by this Terms Agreement, irrespective of whether the Underwriter has advised or is advising Seller on other matters.
By: Name: Title: The foregoing Terms Agreement is hereby confirmed and accepted as of the date first above written. Open Split View Share. Sample 1 Based on 1 documents.