Investment Grade Rating

Investment Grade Rating. Means a rating equal to or higher than Baa3 (or the equivalent) by Moody's and BBB- (or the equivalent) by S&P, and the equivalent investment grade credit rating from any replacement rating agency or rating agencies selected by the Company.

Investment Grade Rating. A Corporate Rating equal to or higher than Baa3 (or the equivalent) by Moody's and BBB- (or the equivalent) by S&P

Investment Grade Rating. A rating equal to or higher than Baa3 by Moody's and BBB- by S&P; provided, however, that if (i) either of Moody's or S&P changes its rating system, such ratings shall be the equivalent ratings after such changes or (ii) Moody's or S&P shall not make a rating of a Guaranteed Obligation publicly available, the references above to Moody's or S&P or both of them, as the case may be, shall be to a nationally recognized U.S. rating agency or agencies, as the case may be, selected by KMI and the... references to the ratings categories above shall be to the corresponding rating categories of such rating agency or rating agencies, as the case may be. View More

Investment Grade Rating. A corporate credit rating and/or family rating and/or issuer default rating, as applicable, of any two of the following: BBB- or higher by S&P, Baa3 or higher by Moody's and/or BBB- or higher by Fitch