Common use of Change in Debt Rating Clause in Contracts

Change in Debt Rating. Within three (3) Business Days after any Responsible Officer receives notice of any change in the Applicable LT Rating, furnish written notice of such change and the new Applicable LT Rating to the Bank.

Appears in 6 contracts

Samples: Credit Agreement (Brinks Co), Letter of Credit Agreement (Brinks Co), Credit Agreement (Brinks Co)

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Change in Debt Rating. Within three (3) Business Days after any Responsible Officer receives notice of any change in the Applicable LT Rating, furnish written notice of such change and the new Applicable LT Rating to the BankAdministrative Agent.

Appears in 5 contracts

Samples: Credit Agreement (Brinks Co), Credit Agreement (Brinks Co), Credit Agreement (Brinks Co)

Change in Debt Rating. Within three (3) Business Days after any Responsible Officer of the Borrower receives notice of any change in the Applicable LT Rating, furnish written notice of such change and the new Applicable LT Rating to the BankAdministrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Pittston Co), Credit Agreement (Pittston Co)

Change in Debt Rating. Within three (3) Business Days after any Responsible Officer of the Parent Borrower receives notice of any change in the Applicable LT Rating, furnish written notice of such change and the new Applicable LT Rating to the BankAdministrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Brinks Co)

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Change in Debt Rating. Within three (3) Business Days after any Responsible Officer receives notice of any change in the Applicable LT Rating, furnish written notice of such change and the new Applicable LT Rating to the BankIssuer.

Appears in 1 contract

Samples: Committed Letter of Credit Issuance and Reimbursement Agreement (Brinks Co)

Change in Debt Rating. Within three (3) Business Days after any Responsible Officer receives notice of any change in the Applicable LT Rating, furnish written notice of such change and the new Applicable LT Rating to the BankLender.

Appears in 1 contract

Samples: Credit Agreement (Brinks Co)

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