Common use of Investment Grade Rating Notice Clause in Contracts

Investment Grade Rating Notice. Promptly upon a Responsible Officer becoming aware of a change in the Investment Grade Rating (including the initial issuance of any Investment Grade Rating) or any other credit rating given by S&P, Xxxxx’x or another nationally-recognized rating agency to the Parent’s long‑term senior unsecured debt or any announcement that any such rating is “under review” or that such rating has been placed on a watch list or that any similar action has been taken by S&P, Xxxxx’x or another nationally-recognized rating agency, notice of such change, announcement or action.

Appears in 9 contracts

Samples: Pledge and Security Agreement (LaSalle Hotel Properties), Pledge and Security Agreement (LaSalle Hotel Properties), Term Loan Agreement (LaSalle Hotel Properties)

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Investment Grade Rating Notice. Promptly upon a Responsible Officer becoming aware of a change in the Investment Grade Rating (including the initial issuance of any Investment Grade Rating) or any other credit rating given by S&P, Xxxxx’x or another nationally-recognized nationally‑recognized rating agency to the Borrower’s or the Parent’s long‑term senior unsecured debt or any announcement that any such rating is “under review” or that such rating has been placed on a watch list or that any similar action has been taken by S&P, Xxxxx’x or another nationally-recognized nationally‑recognized rating agency, notice of such change, announcement or action.

Appears in 5 contracts

Samples: Credit Agreement (Easterly Government Properties, Inc.), Term Loan Agreement (Easterly Government Properties, Inc.), Credit Agreement (Easterly Government Properties, Inc.)

Investment Grade Rating Notice. Promptly upon a Responsible Officer becoming aware of a change in the Investment Grade Rating (including the initial issuance of any Investment Grade Rating) or any other credit rating given by S&P, Xxxxx’x or another nationally-recognized rating agency to the ParentParent Guarantor’s long‑term long-term senior unsecured debt or any announcement that any such rating is “under review” or that such rating has been placed on a watch list or that any similar action has been taken by S&P, Xxxxx’x or another nationally-recognized rating agency, notice of such change, announcement or action.

Appears in 2 contracts

Samples: Credit Agreement (Easterly Government Properties, Inc.), Credit Agreement (Easterly Government Properties, Inc.)

Investment Grade Rating Notice. Promptly upon a Responsible Officer becoming aware of a change in the Investment Grade Rating (including the initial issuance of any Investment Grade Rating) or any other credit rating given by S&P, Xxxxx’x or another nationally-recognized nationally‑recognized rating agency to the ParentBorrower’s or the Parent Guarantor’s long‑term senior unsecured debt or any announcement that any such rating is “under review” or that such rating has been placed on a watch list or that any similar action has been taken by S&P, Xxxxx’x or another nationally-recognized nationally‑recognized rating agency, notice of such change, announcement or action.

Appears in 1 contract

Samples: Credit Agreement (Easterly Government Properties, Inc.)

Investment Grade Rating Notice. Promptly upon a Responsible Officer becoming aware of a change in the Investment Grade Rating (including the initial issuance of any Investment Grade Rating) or any other credit rating given by S&P, Xxxxx’x or another nationally-recognized nationally‑recognized rating agency to the ParentBorrower’s or the Parent Guarantor’sParent’s long‑term senior unsecured debt or any announcement that any such rating is “under review” or that such rating has been placed on a watch list or that any similar action has been taken by S&P, Xxxxx’x or another nationally-recognized nationally‑recognized rating agency, notice of such change, announcement or action.

Appears in 1 contract

Samples: Term Loan Agreement (Easterly Government Properties, Inc.)

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Investment Grade Rating Notice. Promptly upon a Responsible Officer becoming aware of a change in the Investment Grade Rating (including the initial issuance of any Investment Grade Rating) or any other credit rating given by S&P, Xxxxx’x Mxxxx’x or another nationally-recognized nationally‑recognized rating agency to the ParentParent Guarantor’s long‑term senior unsecured debt or any announcement that any such rating is “under review” or that such rating has been placed on a watch list or that any similar action has been taken by S&P, Xxxxx’x Mxxxx’x or another nationally-recognized nationally‑recognized rating agency, notice of such change, announcement or action.

Appears in 1 contract

Samples: Term Loan Agreement (Easterly Government Properties, Inc.)

Investment Grade Rating Notice. Promptly upon a Responsible Officer becoming aware of a change in the Investment Grade Rating (including the initial issuance of any Investment Grade Rating) or any other credit rating given by S&P, Xxxxx’x Mxxxx’x or another nationally-recognized nationally‑recognized rating agency to the ParentBorrower’s or the Parent Guarantor’s long‑term senior unsecured debt or any announcement that any such rating is “under review” or that such rating has been placed on a watch list or that any similar action has been taken by S&P, Xxxxx’x Mxxxx’x or another nationally-recognized nationally‑recognized rating agency, notice of such change, announcement or action.

Appears in 1 contract

Samples: Term Loan Agreement (Easterly Government Properties, Inc.)

Investment Grade Rating Notice. Promptly upon a Responsible Officer becoming aware of a change in the Investment Grade Rating (including the initial issuance of any Investment Grade Rating) or any other credit rating given by S&P, Xxxxx’x Mxxxx’x or another nationally-recognized nationally‑recognized rating agency to the Borrower’s or the Parent’s long‑term senior unsecured debt or any announcement that any such rating is “under review” or that such rating has been placed on a watch list or that any similar action has been taken by S&P, Xxxxx’x Mxxxx’x or another nationally-recognized nationally‑recognized rating agency, notice of such change, announcement or action.

Appears in 1 contract

Samples: Credit Agreement (Easterly Government Properties, Inc.)

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