Common use of Maintenance of Credit Ratings Clause in Contracts

Maintenance of Credit Ratings. Use commercially reasonable efforts to obtain and to maintain, in respect of the Borrower, corporate ratings and corporate family ratings of S&P and Xxxxx’x, respectively, though no specific rating of either S&P or Xxxxx’x shall be required for compliance with this covenant.

Appears in 3 contracts

Samples: Revolving Credit and Guaranty Agreement (Dana Inc), Revolving Credit and Guaranty Agreement (Dana Holding Corp), Revolving Credit and Guaranty Agreement (Dana Holding Corp)

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Maintenance of Credit Ratings. Use commercially reasonable efforts to obtain and to maintain, in respect of the Borrower, corporate ratings and corporate family ratings of S&P and Xxxxx’xMxxxx’x, respectively, though no specific rating of either S&P or Xxxxx’x shall be required for compliance with this covenant.

Appears in 2 contracts

Samples: Term Facility Credit and Guaranty Agreement (Dana Holding Corp), Revolving Credit and Guaranty Agreement (Dana Holding Corp)

Maintenance of Credit Ratings. Use commercially reasonable efforts to obtain and to maintain, in respect of the Borrower, corporate ratings and corporate family ratings of S&P at least two of S&P, Xxxxx’x and Xxxxx’x, respectivelyFitch, though no specific rating of either S&P S&P, Xxxxx’x or Xxxxx’x Fitch, as the case may be, shall be required for compliance with this covenant.

Appears in 2 contracts

Samples: 364 Day Bridge Facility and Guaranty Agreement (Dana Inc), Credit and Guaranty Agreement (Dana Inc)

Maintenance of Credit Ratings. Use commercially reasonable efforts to obtain and to maintain, in respect of the BorrowerXxxx, corporate ratings and corporate family ratings of S&P at least two of S&P, Xxxxx’x and Xxxxx’x, respectivelyFitch, though no specific rating of either S&P S&P, Xxxxx’x or Xxxxx’x Fitch, as the case may be, shall be required for compliance with this covenant.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Dana Inc), Credit and Guaranty Agreement (Dana Inc)

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Maintenance of Credit Ratings. Use commercially reasonable efforts to obtain and to maintain, in respect of the BorrowerXxxx, corporate ratings and corporate family ratings of S&P at least two of S&P, Moody’s and Xxxxx’x, respectivelyFitch, though no specific rating of either S&P S&P, Moody’s or Xxxxx’x Fitch, as the case may be, shall be required for compliance with this covenant.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Dana Inc)

Maintenance of Credit Ratings. Use commercially reasonable efforts to obtain and to maintain, in respect of the Borrower, corporate ratings and corporate family ratings of S&P and Xxxxx’x, respectively, though no specific rating of either S&P or Xxxxx’x shall be required for compliance with this covenant.

Appears in 1 contract

Samples: Revolving Credit and Guaranty Agreement (Dana Holding Corp)

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