Common use of Corporate Ratings Clause in Contracts

Corporate Ratings. The Borrower shall have obtained a corporate credit rating from S&P and a corporate family rating from Xxxxx’x.

Appears in 3 contracts

Samples: Second Lien Term Loan and Guaranty Agreement (Delta Air Lines Inc /De/), First Lien Revolving Credit and Guaranty Agreement (Delta Air Lines Inc /De/), First Lien Revolving Credit and Guaranty Agreement (Delta Air Lines Inc /De/)

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Corporate Ratings. The Borrower shall have obtained a corporate credit rating from S&P and a corporate family rating ratings from Xxxxx’x.each of Xxxxx'x and S&P. The ratings obtained shall be no less than Ba3 from Xxxxx'x and BB- from S&P.

Appears in 1 contract

Samples: Credit Agreement (Entergy Corp /De/)

Corporate Ratings. The Borrower shall have obtained a corporate credit rating from S&P and a corporate family rating from Xxxxx’xMxxxx’x.

Appears in 1 contract

Samples: Second Lien Term Loan and Guaranty Agreement (Delta Air Lines Inc /De/)

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Corporate Ratings. The Borrower shall have obtained a corporate credit rating from S&P and a corporate family rating ratings from Xxxxx’x.each of Xxxxx’x and S&P. The ratings obtained shall be no less than Ba3 from Xxxxx’x and BB- from S&P.

Appears in 1 contract

Samples: Credit Agreement (Enexus Energy CORP)

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