Downgrading Sample Clauses

DowngradingThe Depositor will not engage in any activity that would result in a downgrading of the Notes without regard to the Policy.
AutoNDA by SimpleDocs
DowngradingThe Sponsor will not engage in any activity which would result in a downgrading or withdrawal of the ratings on the Notes without regard to the effect of the Policy.
DowngradingThe Depositor will not engage in any activity which would result in a downgrading of the Investor Certificates.
Downgrading. The downgrading, withdrawal or suspension of any rating by any rating agency of any indebtedness of the Parent;
Downgrading. 2.7.2.1 To Downgrade Your account, You must have been on Your current Account Level for a minimum of three (3) months. 2.7.2.2 To Downgrade Your account, You must provide a written request stating Your current account and the account You wish to downgrade to with authorisation to deduct the new amount from your nominated account if automatic payments have been arranged. Your new nominated account will take effect from Your next Billing Cycle. 2.7.2.3 You will be invoiced prior to the commencement of Your next Billing Cycle reflecting these changes..
Downgrading. 1. If Producer engages a performer as a principal performer for a commercial, the principal performer shall be entitled to use fees for the use of the commercial and may not be downgraded as long as his/her face appears in the commercial as exhibited. 2. If a performer is engaged as a principal performer but his/her face does not remain in the commercial as exhibited, the principal performer shall be notified of such downgrading within 60 days after the completion of his/her employment, but in no event later than 15 working days after the first use of the commercial, and concurrently therewith shall be paid an additional session fee. If such notice is timely given and payment is made to the principal performer as above provided, the downgrading shall be deemed effective retroactively to the date of such first use of the commercial and no use fees shall become payable for the use of the commercial. If such written notice is not given or payment made within the period above provided, the principal performer shall be paid as a principal performer for all uses of the commercial which occur prior to the giving of a written notice of such downgrading, but in no event shall such payment be less than the session fee. (See Agreed Interpretation 11, page 148.)
DowngradingThe Company shall notify the Agents promptly in writing of any downgrading, or its receipt of any notice of any intended or potential downgrading or of any review for possible change that does not indicate the direction of the possible change, in the rating accorded any of the Company's securities by any "nationally recognized statistical rating organization," as such term is defined for purposes of Rule 436(g)(2) under the Act.
AutoNDA by SimpleDocs
Downgrading. Between the Execution Time and the time of any sale of Units through any Manager, there shall not have been any decrease in the rating of any of the Partnership’s debt securities by any “nationally recognized statistical rating organization” (as defined under Section 3(a)(62) under the Exchange Act) or any notice given of any intended or potential decrease in any such rating or of a possible change in any such rating that does not indicate the direction of the possible change.
Downgrading. ‌ When a position is downgraded because of decreased responsibility or difficulty, the Fire Chief or designee may authorize continuation of the same salary rate payment to the incumbent employee that the employee received prior to the downgrading of the position by placing the employee on a “Y” step, provided that the employee shall receive no future salary increases until the salary rate of the position held exceeds the “Y” step. An employee whose position has been downgraded, and for which there is no comparable position, may be reinstated to the next comparable position.
Downgrading. There shall not have occurred any downgrading, nor shall any notice have been given of any intended or potential downgrading or of any review for a possible change that does not indicate the direction of the possible change, in the rating accorded any of the securities of the Company or any of its subsidiaries by any “nationally recognized statistical rating organization,” as such term is defined in Section 3(a)(62) of the Exchange Act.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!