Corporate Ratings. Use commercially reasonable efforts to maintain both a Xxxxx’x Rating and a S&P Rating at all times; provided, that, if a Xxxxx’x Rating or S&P Rating is not available or cannot be obtained by using commercially reasonable efforts, then the Company shall use commercially reasonable efforts to obtain a Substitute Rating and upon obtaining a Substitute Rating, all references to whichever of the Xxxxx’x Rating or the S&P Rating is not available or obtainable shall be deemed to be references to the Substitute Rating.
Appears in 4 contracts
Samples: Credit Agreement and Extension Agreement (Mohawk Industries Inc), Credit Agreement (Mohawk Industries Inc), Credit Agreement (Mohawk Industries Inc)
Corporate Ratings. Use commercially reasonable efforts to maintain both a Xxxxx’x Debt Rating and a S&P Debt Rating at all times; provided, thattimes (or, if a Xxxxx’x Rating or S&P Rating one of the ratings is not available or cannot be obtained by using commercially reasonable efforts, then the Company shall use commercially reasonable efforts to obtain a Substitute Rating and upon obtaining a Substitute Rating, all references to whichever of the Xxxxx’x Rating or the S&P Rating is not available or obtainable shall be deemed to be references similar type rating from another rating agency reasonably acceptable to the Substitute RatingAdministrative Agent).
Appears in 3 contracts
Samples: Credit Agreement (Commercial Metals Co), Credit Agreement (Commercial Metals Co), Credit Agreement (Commercial Metals Co)
Corporate Ratings. Use commercially reasonable efforts to maintain both a Xxxxx’x Rating and a S&P Rating at all times; provided, that, that if a Xxxxx’x Rating or S&P Rating is not available or cannot be obtained by using commercially reasonable efforts, then the Company shall use commercially reasonable efforts to obtain a Substitute Rating and upon obtaining a Substitute Rating, all references to whichever of the Xxxxx’x Rating or the S&P Rating is not available or obtainable shall be deemed to be references to the Substitute Rating.
Appears in 2 contracts
Samples: Credit Agreement (Mohawk Industries Inc), Credit Agreement (Mohawk Industries Inc)
Corporate Ratings. Use commercially reasonable efforts to maintain both a Xxxxx’x Rating and a S&P Rating at all times; provided, thattimes (or, if a Xxxxx’x Rating or S&P Rating one of the ratings is not available or cannot be obtained by using commercially reasonable efforts, then the Company shall use commercially reasonable efforts to obtain a Substitute Rating and upon obtaining a Substitute Rating, all references to whichever of the Xxxxx’x Rating or the S&P Rating is not available or obtainable shall be deemed to be references similar type rating from another nationally recognized rating agency reasonably acceptable to the Substitute RatingAdministrative Agent).
Appears in 2 contracts
Samples: Credit Agreement (Urs Corp /New/), Credit Agreement (Urs Corp /New/)
Corporate Ratings. Use commercially reasonable efforts to maintain both a Xxxxx’x Rating and a S&P Rating at all times; provided, thattimes (or, if a Xxxxx’x Rating or S&P Rating one of the ratings is not available or cannot be obtained by using commercially reasonable efforts, then the Company shall use commercially reasonable efforts to obtain a Substitute Rating and upon obtaining a Substitute Rating, all references to whichever of the Xxxxx’x Rating or the S&P Rating is not available or obtainable shall be deemed to be references similar type rating from another rating agency reasonably acceptable to the Substitute RatingAdministrative Agent).
Appears in 2 contracts
Samples: Credit Agreement (Mohawk Industries Inc), Credit Agreement (Mohawk Industries Inc)
Corporate Ratings. Use commercially reasonable efforts to maintain both a Xxxxx’x Rating and a S&P Rating at all times; provided, that, that if a Xxxxx’x Rating or S&P Rating is not available or cannot be obtained by using commercially reasonable efforts, then the Company Borrower shall use commercially reasonable efforts to obtain a Substitute Rating and upon obtaining a Substitute Rating, all references to whichever of the Xxxxx’x Rating or the S&P Rating is not available or obtainable shall be deemed to be references to the Substitute Rating.
Appears in 1 contract