Joint Note

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Joint Note

A promise by two or more parties to pay a debt. If the debt is not paid, the creditor may not single out any one debtor. That is, the creditor must sue all debtors or none.

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Summary: Moody's Investors Service has today downgraded the ratings of seven joint notes

Moody's Investors Service has today downgraded the ratings of seven joint notes issued by French sub-sovereigns and has

(1) regional and local governments' joint notes, namely: (i) Communautes

(2) public hospitals' joint notes, namely: (vi) CHU Joint Issuance to A3

Moody's downgrades 7 French sub-sovereign joint notes

On the Jasig, the OJS stated that: "Based on the Joint Notes dated January 18, 2011, the [government] shall continue to work on appropriate measures to effect the expeditious release of all or most of the 14 NDF-listed Jasig consultants and personalities before the second round of formal talks."

Peace talks with Reds is next gov't move

rating of the joint notes of Centres Hospitaliers Regionaux

impact on the rating of the CHRU joint notes. Additionally, the existence

of cross default provisions in the joint note documents increases the

Moody's downgrades joint notes of French public hospitals

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