Common use of Credit Ratings Clause in Contracts

Credit Ratings. The Borrower shall use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’x, in each case, with respect to the Borrower, and a credit rating from S&P and Xxxxx’x with respect to the Indebtedness incurred pursuant to this Agreement, in all cases, but not a specific rating.

Appears in 8 contracts

Samples: Term Loan Credit Agreement (Vertiv Holdings Co), Term Loan Credit Agreement (Vertiv Holdings Co), Term Loan Credit Agreement (Vertiv Holdings Co)

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Credit Ratings. The Borrower shall use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’xMoody’s, in each case, with respect to the Borrower, and a credit rating from S&P and Xxxxx’x Moody’s with respect to the Indebtedness Term Loans incurred pursuant to this Agreement, in all cases, but not a specific rating.

Appears in 7 contracts

Samples: Term Loan Credit Agreement (Ingram Micro Holding Corp), Term Loan Credit Agreement (Ingram Micro Holding Corp), Term Loan Credit Agreement (Ingram Micro Holding Corp)

Credit Ratings. The Lead Borrower shall use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’x, in each case, with respect to the Lead Borrower, and a credit rating from S&P and Xxxxx’x with respect to the Indebtedness incurred pursuant to this Agreement, in all cases, but not a specific rating.

Appears in 7 contracts

Samples: First Lien Term Loan Credit Agreement (PAE Inc), First Lien Term Loan Credit Agreement (PAE Inc), Second Lien Term Loan Credit Agreement (PAE Inc)

Credit Ratings. The Borrower Borrowers shall use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’x, in each case, with respect to the Lead Borrower, and a credit rating from S&P and Xxxxx’x with respect to the Indebtedness incurred pursuant to this Agreement, in all cases, but not a specific rating.

Appears in 7 contracts

Samples: First Lien Term Loan Credit Agreement (VERRA MOBILITY Corp), First Lien Term Loan Credit Agreement (VERRA MOBILITY Corp), Amendment and Restatement Agreement (VERRA MOBILITY Corp)

Credit Ratings. The Borrower shall use Use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’x, in each case, with respect to the Borrower, and a credit rating from S&P and Xxxxx’x with respect to the Indebtedness incurred pursuant to this AgreementBorrower but not, in all casesany such case, but not a specific rating.

Appears in 5 contracts

Samples: Asset Based Revolving Credit Agreement (Revlon Consumer Products Corp), Asset Based Revolving Credit Agreement (Revlon Consumer Products Corp), Asset Based Revolving Credit Agreement (Revlon Inc /De/)

Credit Ratings. The Borrower shall Borrowers will use commercially reasonable efforts to cause the credit facilities made available under this Agreement to be continuously rated by S&P and Xxxxx’x, and to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’xXxxxx’x (but, in each case, with respect to the Borrower, and a credit rating from S&P and Xxxxx’x with respect to the Indebtedness incurred pursuant to this Agreement, in all cases, but not a specific rating), in each case in respect of each Borrower.

Appears in 3 contracts

Samples: Credit Agreement (Allegion PLC), Credit Agreement (Allegion PLC), Credit Agreement (Allegion PLC)

Credit Ratings. The Borrower shall use commercially reasonable efforts to obtain and maintain a corporate credit rating from S&P and (but not maintain any specific rating) (a) a corporate family rating from Xxxxx’xand/or corporate credit rating, as applicable, and (b) public ratings in respect of the Term Loans provided pursuant to this Agreement, from, in each case, with respect to the Borrowerat least two of S&P, Xxxxx’x and a credit rating from S&P and Xxxxx’x with respect to the Indebtedness incurred pursuant to this Agreement, in all cases, but not a specific ratingFitch.

Appears in 3 contracts

Samples: Term Loan Credit Agreement (Vertiv Holdings Co), Term Loan Credit Agreement (Vertiv Holdings Co), Term Loan Credit Agreement (Vertiv Holdings Co)

Credit Ratings. The After acquiring the following credit ratings from S&P and Xxxxx’x as required by Section 9.13, the Borrower shall use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’x, in each case, with respect to the Borrower, and a credit rating from S&P and Xxxxx’x with respect to the Indebtedness incurred pursuant to this Agreement, in all cases, but not a specific rating.

Appears in 3 contracts

Samples: Term Loan Credit Agreement, Term Loan Credit Agreement (OCI Partners LP), Term Loan Credit Agreement (OCI Partners LP)

Credit Ratings. The Borrower shall Holdings will use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from in Xxxxx’x, in each case, with respect to the BorrowerCredit Agreement Parties, and a credit rating from by S&P and Xxxxx’x with respect to the Indebtedness incurred pursuant to this Agreement, in all cases, but not a specific ratingAgreement and with respect to the Senior Notes.

Appears in 3 contracts

Samples: Credit Agreement (Bway Parent Company, Inc.), Credit Agreement (Phoenix Container, Inc.), Credit Agreement (BWAY Holding CO)

Credit Ratings. The Borrower Borrowers shall use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’xMoody’s, in each case, with respect to the Lead Borrower, and a credit rating from S&P and Xxxxx’x Moody’s with respect to the Indebtedness incurred pursuant to this Agreement, in all cases, but not a specific rating.

Appears in 2 contracts

Samples: First Lien Term Loan Credit Agreement (VERRA MOBILITY Corp), First Lien Term Loan Credit Agreement (VERRA MOBILITY Corp)

Credit Ratings. The Borrower shall use Use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’x, in each case, with respect to the Borrower, and a credit rating from S&P and Xxxxx’x with respect to the Indebtedness incurred pursuant to this AgreementInitial Term B Facility, but not, in all casesany such case, but not a specific rating.

Appears in 1 contract

Samples: Term Credit Agreement (Revlon Inc /De/)

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Credit Ratings. The Borrower shall use commercially reasonable efforts to maintain (i)(x) a corporate family rating from Xxxxx’x and (y) a corporate credit rating from S&P and a corporate family rating from Xxxxx’xand/or Fitch, in each case, with respect to the Borrower, and (y) (i) a credit rating from Xxxxx’x and (y) a credit rating from S&P and Xxxxx’x and/or Fitch, in each case, with respect to the Indebtedness Initial Term Loans incurred pursuant to this Agreement, in all cases, but not a specific rating.

Appears in 1 contract

Samples: Credit Agreement

Credit Ratings. The Borrower shall use commercially reasonable efforts to maintain (i)(x) a corporate family rating from Xxxxx’x and (y) a corporate credit rating from S&P and a corporate family rating from Xxxxx’xand/or Fitch, in each case, with respect to the Borrower, and (y)(i) a credit rating from Xxxxx’x and (y) a credit rating from S&P and Xxxxx’x and/or Fitch, in each case, with respect to the Indebtedness Initial Term Loans incurred pursuant to this Agreement, in all cases, but not a specific rating.

Appears in 1 contract

Samples: Credit Agreement (OCI Partners LP)

Credit Ratings. The Lead Borrower shall use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’x, in each case, with respect to the BorrowerBorrowers, and a credit rating from S&P and Xxxxx’x with respect to the Indebtedness incurred pursuant to this Agreement, in all cases, but not a specific rating.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Bway Intermediate Company, Inc.)

Credit Ratings. The Borrower Holdings shall use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’x, in each case, with respect to the BorrowerHoldings, and a credit rating from S&P and Xxxxx’x with respect to the Indebtedness Term B-12 Loans incurred pursuant to this Agreement, in all cases, but not a specific rating.

Appears in 1 contract

Samples: Credit Agreement (Iridium Communications Inc.)

Credit Ratings. The Borrower Borrowers shall use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’xMoody’s, in each case, with respect to the Lead Borrower, and a credit rating from S&P and Xxxxx’x with respect to the Indebtedness incurred pursuant to this Agreement, in all cases, but not a specific rating.

Appears in 1 contract

Samples: First Lien Term Loan Credit Agreement (VERRA MOBILITY Corp)

Credit Ratings. The Borrower shall use Use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’x, in each case, with respect to the Borrower, and a credit rating from S&P and Xxxxx’x with respect to the Indebtedness incurred pursuant to this AgreementInitial2016 Term BFacility and the 2020 Extended Term Facility, but not, in all casesany such case, but not a specific rating.

Appears in 1 contract

Samples: Credit Agreement (Revlon Inc /De/)

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