Common use of Annual Rating Review Clause in Contracts

Annual Rating Review. (a) So long as any Secured Debt of any Class remain Outstanding, on or before December 31, 2025, the Issuer shall request and pay for an annual review of the rating of each such Class of Secured Debt from the Rating Agency. The Issuer shall promptly notify the Trustee and the Collateral Manager in writing (and the Trustee and the shall each promptly provide the applicable Holders with a copy of such notice) if at any time the Issuer is notified or has actual knowledge that the then-current rating of any such Class of Secured Debt has been, or is known will be, changed or withdrawn. (b) The Issuer shall request and pay for an annual review of any Collateral Obligation that has S&P Rating derived from a credit estimate under the definition thereof both (i) annually and (ii) upon the occurrence of a Specified Amendment with respect to such Collateral Obligation.

Annual Rating Review. (a) So long as any of the Secured Debt of any Class remain Outstanding, on or before December 31, September 17 in each year commencing in 2025, the Issuer Applicable Issuers shall request obtain and pay for an annual review of the rating of each such Class of Secured Debt from the Rating Agency. The Issuer Applicable Issuers shall promptly notify the Collateral Trustee and the Collateral Manager in writing (and the Collateral Trustee and the shall each promptly provide the applicable Holders with a copy of such notice) if at any time the Issuer is notified or has actual knowledge that the then-current rating of any such Class of Secured Debt has been, or is known will be, changed or withdrawn. (b) The Issuer shall request obtain and pay for an annual review of any Collateral Obligation that which has an S&P Rating derived from a credit estimate under as set forth in clause (iii)(b) of the definition thereof both (i) annually and (ii) upon of the occurrence of a Specified Amendment with respect to such Collateral Obligationterm "S&P Rating".

Annual Rating Review. (a) So long as any of the Secured Debt of any Class remain Outstanding, on or before December 31, September 17 in each year commencing in 2025, the Issuer Applicable Issuers shall request obtain and pay for an annual review of the rating of each such Class of Secured Debt from the Rating Agency. The Issuer Applicable Issuers shall promptly notify the Collateral Trustee and the Collateral Manager in writing (and the Collateral Trustee and the shall each promptly provide the applicable Holders with a copy of such notice) if at any time the Issuer is notified or has actual knowledge that the then-current rating of any such Class of Secured Debt has been, or is known will be, changed or withdrawn. (b) The Issuer shall request obtain and pay for an annual review of any Collateral Obligation that which has an S&P Rating derived from a credit estimate under as set forth in clause (iii)(b) of the definition thereof both (i) annually and (ii) upon of the occurrence of a Specified Amendment with respect to such Collateral Obligation.term "S&P Rating". 171

Annual Rating Review. (a) So long as any of the Secured Debt of any Class remain remains Outstanding, on or before December 31, November 15th in each year commencing in 2025, the Issuer shall request obtain and pay for an annual review of the rating of each such Class of Secured Debt from the any Rating Agency, as applicable. The Issuer shall promptly notify the Collateral Trustee and the Collateral Manager in writing (and the Collateral Trustee and the shall each promptly provide the applicable Holders with a copy of such notice) if at any time the Issuer is notified or has actual knowledge that the then-current rating of any such Class of Secured Debt has been, or is known will be, changed or withdrawn. (b) The Issuer shall request obtain and pay for an annual review of any Collateral Obligation that which has (i) an S&P Rating derived from a credit estimate under as set forth in clause (iii)(a) of the part of the definition thereof both (i) annually and of the term “S&P Rating” or (ii) upon a Fitch Rating derived pursuant to clause (e) of the occurrence of a Specified Amendment with respect to such Collateral Obligationdefinition thereof.

Annual Rating Review. (a) So long as any of the Secured Debt of any Class remain Outstanding, on or before December 31, 2025August 23 in each year commencing in 2024, the Issuer Applicable Issuers shall request obtain and pay for an annual review of the rating of each such Class of Secured Debt from the Rating Agency. The Issuer Applicable Issuers shall promptly notify the Collateral Trustee and the Collateral Manager in writing (and the Collateral Trustee and the shall each promptly provide the applicable Holders with a copy of such notice) if at any time the Issuer is notified or has actual knowledge that the then-current then‑current rating of any such Class of Secured Debt has been, or is known will be, changed or withdrawn. (b) The Issuer shall request obtain and pay for an annual review of any Collateral Obligation that which has an S&P Rating derived from a credit estimate under as set forth in clause (iii)(b) of the definition thereof both (i) annually and (ii) upon of the occurrence of a Specified Amendment with respect to such Collateral Obligationterm “S&P Rating”.