Debt Rating. The Liquidity Provider has a short-term debt ratings of “P-1” from Xxxxx’x and “F1+” from Fitch.
Debt Rating. As soon as possible and in any event within three Business Days after a Responsible Officer obtains knowledge of any change in the Debt Rating, a statement of the Chief Financial Officer (or other Responsible Officer) of the Parent Guarantor setting forth the new Debt Rating.
Debt Rating. Promptly upon, and in any event within five Business Days after, an Authorized Representative of the Borrower obtains knowledge of any change by Xxxxx’x or S&P in any Debt Rating, notice of such change.
Debt Rating. No later than five (5) days after a Financial Officer obtains knowledge of any such issuance of change, give notice to the Administrative Agent (by telephone, followed promptly by written notice transmitted by facsimile with a hard copy sent promptly thereafter) of any issuance of change (either expressly or pursuant to a letter from S&P or Xxxxx’x stating an “implied” rating), in rating by S&P or Xxxxx’x in respect of the Borrower’s non-credit enhanced senior long-term debt (secured or unsecured), together with details thereof.
Debt Rating. The Borrower shall have obtained a senior secured debt rating (of any level) in respect of the Loans from each of S&P and Xxxxx’x, which ratings (of any level) shall remain in effect on the Restatement Effective Date.
Debt Rating. The Borrower shall maintain at all times a Debt Rating from both Xxxxx’x and S&P.
Debt Rating. The credit rating(s) assigned by the Rating Agencies to BPLP’s non-credit enhanced, senior, long-term unsecured debt.
Debt Rating with reasonable promptness following the occurrence thereof, notice of any change in the Debt Rating for the Notes (to the extent such Debt Rating is not a public rating); and
Section 1.2 Section 7.2(a) of the Note Purchase Agreement shall be amended to add the words “and any Additional Covenant” immediately after “Section 10.1 through Section 10.9, inclusive,” therein.
Section 1.3 Section 9.9 of the Note Purchase Agreement shall be amended and restated in its entirety to read as follows:
Debt Rating. The Company shall at all times maintain a credit rating from any Rating Agency on each Series of Notes. Evidence of such rating shall (a) refer to the Private Placement Number issued by Standard & Poor’s CUSIP Bureau Service in respect of each Series of Notes, (b) address the likelihood of payment of both the principal and interest of such Notes (which requirement shall be deemed satisfied if the rating is silent on the likelihood of payment of both principal and interest and does not otherwise include any indication to the contrary), (c) not include any prohibition against a holder sharing such evidence with the SVO or any other regulatory authority having jurisdiction over such holder, and (d) be delivered by the Company to the holders at least annually (on or before the anniversary of the Closing Date) and promptly upon any change in the rating.
Debt Rating. So long as the Facility is available or outstanding, the Borrower shall use commercially reasonable efforts to maintain a rating (but not a specific rating) applicable to the Borrower’s Senior Debt Rating.
