Investment Grade Rating. The Company shall procure that the long-term, unsecured and non credit-enhanced debt obligations of the Company shall be rated Baa3/BBB-, or such higher rating as required by the Licence, or above, by at least one of Moody’s and Standard and Poor’s and shall not be rated below Baa3/BBB-, or such higher rating as required by the Licence, by either of Moody’s or Standard and Poor’s.
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Samples: Amendment and Restatement Agreement (LG&E & KU Energy LLC), Multicurrency Revolving Facilities Agreement (PPL Energy Supply LLC), Amendment and Restatement Agreement (PPL Energy Supply LLC)
Investment Grade Rating. The Company shall procure that the long-term, unsecured and non credit-enhanced debt obligations of the Company shall be rated Baa3/BBB-, or such higher rating as required by the Licence, or above, by at least one of Moody’s Xxxxx'x and Standard and Poor’s 's and shall not be rated below Baa3/BBB-, or such higher rating as required by the Licence, by either of Moody’s Xxxxx'x or Standard and Poor’s's.
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