Basis for Ratings. The credit ratings to be utilized in the determination of a Status are the ratings assigned to unsecured obligations of the Borrower without third party credit support. Ratings assigned to any obligation which is secured or which has the benefit of third party credit support shall be disregarded.
Appears in 4 contracts
Samples: Credit Agreement (At&t Capital Corp /De/), Credit Agreement (At&t Capital Corp /De/), Credit Agreement (At&t Capital Corp /De/)
Basis for Ratings. The credit ratings to be utilized in the determination of a Status are the ratings assigned to unsecured senior obligations of the Borrower Rated Issuer, without third party credit support. Ratings assigned to any obligation which is secured or which has the benefit of third party credit support shall be disregarded.
Appears in 1 contract
Samples: Credit Agreement (Cit Group Inc)
