Common use of Current Rating on Notes Clause in Contracts

Current Rating on Notes. (a) The Company shall at all times maintain a current rating given by a NRSRO of at least Investment Grade with respect to the Notes. (b) Each current rating given by a NRSRO on the Other Notes and Notes must be at least Investment Grade and the Company shall not at any time have any rating given by a NRSRO of less than Investment Grade with respect to any series of Other Notes and Notes.

Appears in 4 contracts

Samples: Note Purchase Agreement (Tortoise MLP Fund, Inc.), Note Purchase Agreement (Tortoise MLP Fund, Inc.), Note Purchase Agreement (Tortoise MLP Fund, Inc.)

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Current Rating on Notes. (a) The Company shall at all times either (i) maintain a current rating given by a NRSRO of on at least Investment Grade with respect to the one series of Existing Notes or (ii) maintain a current rating given by a NRSRO on each series of Notes. (b) Each current rating given by a NRSRO on the Other Notes and Notes must be at least Investment Grade and the Company shall not at any time have any rating given by a NRSRO of less than Investment Grade with respect to any series of Other Notes and Notes.

Appears in 3 contracts

Samples: Note Purchase Agreement (Tortoise Energy Infrastructure Corp), Note Purchase Agreement (Tortoise Energy Capital Corp), Note Purchase Agreement (Tortoise MLP Fund, Inc.)

Current Rating on Notes. (a) The Company shall at all times maintain a current rating given by a NRSRO of at least Investment Grade with respect to the Notes. (b) Each current rating given by a NRSRO on the Other Notes and Notes must be at least Investment Grade and the Company shall not at any time have any rating given by a NRSRO of less than Investment Grade with respect to any series of Other Notes and the Notes.

Appears in 1 contract

Samples: Master Note Purchase Agreement (Tortoise Pipeline & Energy Fund, Inc.)

Current Rating on Notes. (a) The Company shall at all times maintain a current rating given by a NRSRO of at least Investment Grade with respect to the Notes. (b) Each current rating given by a NRSRO on the Other Notes and Notes must be at least Investment Grade and the Company shall not at any time have any rating given by a NRSRO of less than Investment Grade with respect to any series of Other Notes and Notes.. Tortoise MLP Fund, Inc. Note Purchase Agreement

Appears in 1 contract

Samples: Note Purchase Agreement (Tortoise MLP Fund, Inc.)

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Current Rating on Notes. (a) The Company shall at all times maintain a current rating given by a NRSRO of at least Investment Grade with respect to the Notes.. Tortoise MLP Fund, Inc. Note Purchase Agreement (b) Each current rating given by a NRSRO on the Other Notes and Notes must be at least Investment Grade and the Company shall not at any time have any rating given by a NRSRO of less than Investment Grade with respect to any series of Other Notes and Notes.

Appears in 1 contract

Samples: Note Purchase Agreement (Tortoise Midstream Energy Fund, Inc.)

Current Rating on Notes. (a) The Company shall at all times maintain a current rating given by a NRSRO of at least Investment Grade with respect to the Notes.. Xxxxxxxx Xxxxxx Infrastructure Corporation Note Purchase Agreement (b) Each current rating given by a NRSRO on the Other Notes and Notes must be at least Investment Grade and the Company shall not at any time have any rating given by a NRSRO of less than Investment Grade with respect to any series of Other Notes and Notes.

Appears in 1 contract

Samples: Note Purchase Agreement (Tortoise Energy Infrastructure Corp)

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