Common use of Downgrade of Performance Guarantor Clause in Contracts

Downgrade of Performance Guarantor. Any downgrade in the rating of any Indebtedness of Performance Guarantor by Standard and Poor’s Ratings Services or by Xxxxx’x Investors Service, Inc., setting forth the Indebtedness affected and the nature of such change.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Tenneco Inc)

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Downgrade of Performance Guarantor. Any downgrade in the ---------------------------------- rating of any Indebtedness of Performance Guarantor by Standard and & Poor’s 's Ratings Services Group or by Xxxxx’x Xxxxx'x Investors Service, Inc., setting forth the Indebtedness affected and the nature of such change.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Owens & Minor Inc/Va/)

Downgrade of Performance Guarantor. Any downgrade ---------------------------------- in the rating of any Indebtedness of Performance Guarantor by Standard and Poor’s Ratings Services S&P or by Xxxxx’x Investors Service, Inc.Xxxxx'x, setting forth the Indebtedness affected and the nature of such change.

Appears in 1 contract

Samples: Credit and Security Agreement (Mohawk Industries Inc)

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Downgrade of Performance Guarantor. Any downgrade in the rating of any Indebtedness of Performance Guarantor by Standard and & Poor’s Ratings Services ’s, a division of The MxXxxx-Xxxx Companies, Inc., or by Xxxxx’x Mxxxx’x Investors Service, Inc., setting forth the Indebtedness affected and the nature of such change.

Appears in 1 contract

Samples: Receivables Purchase Agreement (RPM International Inc/De/)

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