Common use of Credit Ratings Clause in Contracts

Credit Ratings. Use commercially reasonable efforts to maintain at all times a public credit rating by each of S&P and Xxxxx’x in respect of the Term Facility provided for under this Agreement and a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the Borrower, in each case, with no requirement to maintain any specific minimum rating (it being understood and agreed that “commercially reasonable efforts” shall in any event include the payment by the Borrower of customary rating agency fees and reasonable cooperation with information and data requests by Xxxxx’x and S&P in connection with their ratings process).

Appears in 5 contracts

Samples: First Lien Credit and Guarantee Agreement (Janus International Group, Inc.), First Lien Credit and Guarantee Agreement (Janus International Group, Inc.), Credit and Guarantee Agreement (Infrastructure & Energy Alternatives, Inc.)

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Credit Ratings. Use commercially reasonable efforts to maintain at all times a public credit rating by each of S&P and Xxxxx’x in respect of the Term Facility provided for under this Agreement and a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the Borrower, in each case, with no requirement to maintain any specific minimum rating (it being understood and agreed that “commercially reasonable efforts” shall in any event include the payment by the Borrower of customary rating agency fees and reasonable cooperation with information and data requests by Xxxxx’x and S&P in connection with their ratings process).

Appears in 3 contracts

Samples: Abl Credit and Guarantee Agreement (Janus International Group, Inc.), Abl Credit and Guarantee Agreement (Janus International Group, Inc.), Abl Credit and Guarantee Agreement (Janus International Group, Inc.)

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Credit Ratings. Use commercially reasonable efforts to maintain at all times a public credit rating by each of S&P and Xxxxx’x in respect of the Term Facility provided for under this Agreement and a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the Borrower, in each case, with no requirement to maintain any specific minimum rating (it being understood and agreed that “commercially reasonable efforts” shall in any event include the payment by the Borrower of customary rating agency fees and reasonable cooperation with information and data requests by Xxxxx’x and S&P in connection with their ratings process).#4848-1207-1386 114

Appears in 1 contract

Samples: First Lien Credit and Guarantee Agreement (Janus International Group, Inc.)

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