Common use of Credit Rating Changes Clause in Contracts

Credit Rating Changes. Promptly after any senior financial or legal officer of the Borrower obtains knowledge thereof, notice of any change in the Applicable Credit Rating assigned by either Rating Agency.

Appears in 2 contracts

Samples: Credit Agreement (Rj Reynolds Tobacco Holdings Inc), Credit Agreement (Rj Reynolds Tobacco Holdings Inc)

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Credit Rating Changes. Promptly after any senior financial or legal officer of the Borrower obtains knowledge thereof, notice of any change in the Applicable Facilities Credit Rating or the Applicable Corporate Credit Rating assigned by either Rating Agency.

Appears in 2 contracts

Samples: Credit Agreement (Reynolds American Inc), Credit Agreement (Reynolds American Inc)

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Credit Rating Changes. Promptly after any senior financial or --------------------- legal officer of the Borrower either Credit Party obtains knowledge thereof, notice of any change in the Applicable Credit Rating assigned by either Rating Agency.

Appears in 1 contract

Samples: Assignment Agreement (RJR Nabisco Inc)

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