Common use of Acceptable credit rating Clause in Contracts

Acceptable credit rating. (a) The Service Provider will have an Acceptable Credit Rating if it has a credit rating of not less than BBB (Standard & Poor’s), Baa (Xxxxx’x Investor Services) or BBB (Fitch). (b) If the Service Provider has a credit rating that meets or exceeds the Acceptable Credit Rating, it will provide to the LFC documentary evidence, to the LFC’s reasonable satisfaction, that the Service Provider has a credit rating that meets or exceeds the Acceptable Credit Rating, within twenty (20) Business Days following the Effective Date. The LFC may subsequently require that the Service Provider provide that documentary evidence again at any time that the LFC has reasonable grounds to believe that the Service Provider does not have an Acceptable Credit Rating.

Acceptable credit rating. (a) The Service Provider will have an Acceptable Credit Rating if it has a credit rating of not less than BBB (Standard & Poor’s), Baa (Xxxxx’x Investor Services) or BBB (Fitch). (b) If the Service Provider has a credit rating that meets or exceeds the Acceptable Credit Rating, it will provide to the LFC documentary evidence, to the LFC’s reasonable satisfaction, that the Service Provider has a credit rating that meets or exceeds the Acceptable Credit Rating, within twenty (20) 20 Business Days following the Effective Date. The LFC may subsequently require that the Service Provider provide that documentary evidence again at any time that the LFC has reasonable grounds to believe that the Service Provider does not have an Acceptable Credit Rating.

Acceptable credit rating. (a) The Service Provider will have an Acceptable Credit Rating if it has a credit rating of not less than BBB (Standard & Poor’sPoors), Baa (Xxxxx’x Moody’s Investor Services) or BBB (Fitch). (b) If the Service Provider has a credit rating that meets or exceeds the Acceptable Credit Rating, it will provide to the LFC documentary evidence, to the LFC’s reasonable satisfaction, that the Service Provider has a credit rating that meets or exceeds the Acceptable Credit Rating, within twenty (20) 20 Business Days following the Effective Date. The LFC may subsequently require that the Service Provider provide that documentary evidence again at any time that the LFC has reasonable grounds to believe that the Service Provider does not have an Acceptable Credit Rating.

Acceptable credit rating. (a) The Service Provider will have an Acceptable Credit Rating if it has a credit rating of not less than BBB (Standard & Poor’sPoors), Baa (Xxxxx’x Investor Services) or BBB (Fitch). (b) If the Service Provider has a credit rating that meets or exceeds the Acceptable Credit Rating, it will provide to the LFC documentary evidence, to the LFC’s reasonable satisfaction, that the Service Provider has a credit rating that meets or exceeds the Acceptable Credit Rating, within twenty (20) 20 Business Days following the Effective Date. The LFC may subsequently require that the Service Provider provide that documentary evidence again at any time that the LFC has reasonable grounds to believe that the Service Provider does not have an Acceptable Credit Rating.

Acceptable credit rating. (a) The Service Provider will have an Acceptable Credit Rating if it has a credit rating of not less than BBB (Standard & Poor’sPoors), Baa (Xxxxx’x Investor Services) or BBB (Fitch). (b) If the Service Provider has a credit rating that meets or exceeds the Acceptable Credit Rating, it will provide to the LFC documentary evidence, to the LFC’s reasonable satisfaction, that the Service Provider has a credit rating that meets or exceeds the Acceptable Credit Rating, within twenty (20) 20 Business Days following the Effective Date. The LFC may subsequently require that the Service Provider provide that documentary evidence again at any time that the LFC has reasonable grounds to believe that the Service Provider does not have an Acceptable Credit Rating.. Chorus UFB Services Agreement

Acceptable credit rating. (a) The Service Provider will have an Acceptable Credit Rating if it has a credit rating of not less than BBB (Standard & Poor’s), Baa (Xxxxx’x Investor Services) or BBB (Fitch). (b) If the Service Provider has a credit rating that meets or exceeds the Acceptable Credit Rating, it will provide to the LFC documentary evidence, to the LFC’s reasonable satisfaction, that the Service Provider has a credit rating that meets or exceeds the Acceptable Credit Rating, within twenty (20) 20 Business Days following the Effective Date. The LFC may subsequently require that the Service Provider provide that documentary evidence again at any time that the LFC has reasonable grounds to believe that the Service Provider does not have an Acceptable Credit RatingRating and the Service Provider will deliver such documentary evidence to the LFC within 10 Business Days of the request.