Investment Grade Person

Example Definitions of "Investment Grade Person"
Investment Grade Person. Means a Person that has issued unsecured senior debt that has at least two of the following ratings on the date the transaction constituting a Change in Control is consummated: (a) BBB- or above, in the case of S&P (or its equivalent under any successor rating categories of S&P); (b) Baa3 or above, in the case of Moody's (or its equivalent under any successor rating categories of Moody's); or (c) the equivalent in respect of the rating categories of any rating agencies substituted for S&P or... Moody's. View More
All Definitions