Common use of Credit Ratings Clause in Contracts

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

Appears in 22 contracts

Sources: Credit Agreement (McGraw Hill, Inc.), Credit Agreement (McGraw Hill, Inc.), Credit Agreement (McGraw Hill, Inc.)

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

Appears in 8 contracts

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

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

Appears in 7 contracts

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

Appears in 3 contracts

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

Credit Ratings. Borrower Holdings shall use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Moody’s, in each case, with respect to BorrowerHoldings, and a credit rating from S&P and Moody’s with respect to the Term B-2 Loans incurred pursuant to this Agreement, in all cases, but not a specific rating.

Appears in 1 contract

Sources: Credit Agreement (Iridium Communications Inc.)

Credit Ratings. Borrower shall use Use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Moody’s▇▇▇▇▇’▇, in each case, with respect to the Borrower, and a credit rating from S&P and Moody’s ▇▇▇▇▇’▇ with respect to the Initial Term Loans incurred pursuant to this AgreementB Facility, but not, in all casesany such case, but not a specific rating.

Appears in 1 contract

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

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

Appears in 1 contract

Sources: Amendment and Restatement Agreement (VERRA MOBILITY Corp)

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

Appears in 1 contract

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