Common use of Acceptable credit rating Clause in Contracts

Acceptable credit rating. For the purposes of clause 10.2, an acceptable credit rating means that the Trader or the third party (as the case may be): (a) carries a long term credit rating of at least: (i) Baa3 (Xxxxx'x Investor Services Inc.); (ii)BBB- (Standard & Poor's Rating Group);

Appears in 5 contracts

Samples: Distributor Agreement, Distributor Agreement, Distribution Agreement

AutoNDA by SimpleDocs

Acceptable credit rating. For the purposes of clause 10.2, an acceptable credit rating means that the Trader or the third party (as the case may be): (a) carries a long term credit rating of at least: (i) Baa3 (Xxxxx'x Investor Services Inc.); (ii)BBB- (Standard & Poor's Rating Group);

Appears in 2 contracts

Samples: Distributor Agreement, Distributor Agreement

Acceptable credit rating. For the purposes of clause 10.212.1, an acceptable credit rating means that the Trader Retailer or the third party (as the case may be): (a) carries a long term credit rating of at least: (i) Baa3 (Xxxxx'x Investor Services Inc.); (ii)BBB- (Standard & Poor's Rating Group);

Appears in 2 contracts

Samples: Use of System Agreement, Use of System Agreement

Acceptable credit rating. For the purposes of clause 10.2, 6.6.1 an acceptable credit rating means that the Trader Retailer or the third party (as the case may be): (a) ): carries a long term credit rating of at least: (i) Baa3 (Xxxxx'x Investor Services Inc.); (ii)BBB- : BBB- (Standard & Poor's Poors Rating Group);; or

Appears in 1 contract

Samples: Use of System Agreement

AutoNDA by SimpleDocs

Acceptable credit rating. For the purposes of clause 10.2, an acceptable credit rating means that the Trader or the third party (as the case may be): (a) carries a long long-term credit rating of at least: : (i) Baa3 (Xxxxx'x Investor Services Inc.); (ii)BBB- (Standard & Poor's Rating Group);

Appears in 1 contract

Samples: Distributor Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!