Common use of Debt Ratings Clause in Contracts

Debt Ratings. The Xxxxx’x Debt Rating is lower than Baa3 and the S&P Debt Rating is lower than BBB-; or

Appears in 4 contracts

Samples: Credit Agreement (Tennessee Valley Authority), Credit Agreement (Tennessee Valley Authority), June Maturity Credit Agreement (Tennessee Valley Authority)

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Debt Ratings. The Xxxxx’x Debt Rating is lower than Baa3 and the S&P Debt Rating is lower than BBB-; BBB­; or

Appears in 1 contract

Samples: Credit Agreement (Tennessee Valley Authority)

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