Common use of Agreements of Company relating to Support Facilities Clause in Contracts

Agreements of Company relating to Support Facilities. The Company agrees not to request that the interest rate mode applicable to the Bonds be adjusted to an Adjustable Rate or a Fixed Rate unless on the effective date of the applicable Change in the Interest Rate Mode the Bonds shall be rated at least “A” by S&P or “A2” by Xxxxx’x or “A” by Fitch or an equivalent rating by any nationally recognized rating agency. Subject to the requirements of the next paragraph, such rating of the Bonds may, but is not required to, be achieved by obtaining a Support Facility which meets the requirements of Article VI of the Indenture. The Company further agrees that it will maintain a Liquidity Facility acceptable to the Bond Insurer with respect to the Bonds at all times, except with respect to Bonds bearing interest at an Auction Rate, a Fixed Rate or a Term Rate for a period of at least five years.