Maintenance of Debt Ratings Sample Clauses

Maintenance of Debt Ratings. Use commercially reasonable efforts to maintain Debt Ratings from both Xxxxx’x and S&P.
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Maintenance of Debt Ratings. The Borrower shall use commercially reasonable efforts to maintain a public corporate rating from S&P and a public corporate family rating from Xxxxx’x, in each case in respect of the Borrower, and a public rating of the Facilities and the Senior Notes, to the extent then outstanding, by each of S&P and Xxxxx’x.
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Maintenance of Debt Ratings. The Borrower shall use commercially reasonable efforts to ensure that the Borrower's Index Debt is rated by Moody's and S&P (as applicable).
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Maintenance of Debt Ratings. The Borrower shall use commercially reasonable efforts to ensure that the Borrower’s Index Debt is rated by Xxxxx’x, S&P or Fitch. In the event that the Borrower has no Index Debt to be rated by Xxxxx’x, S&P or Fitch, the Borrower shall use commercially reasonable efforts to ensure that a corporate debt rating of the Borrower is supplied by Xxxxx’x, S&P or Fitch.
Sample 1
Maintenance of Debt Ratings. The Company shall, and shall cause each of its Subsidiaries to, use commercially reasonable efforts to maintain a Xxxxx’x Rating and an S&P Rating from Xxxxx’x and S&P, respectively.
Sample 1
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Maintenance of Debt Ratings. From and after the Amendment No. 6 Effective Date, the Borrower shall maintain and shall reaffirm on an annual basis (a) a corporate family rating by Mxxxx’x, (b) a corporate credit rating by S&P and (c) ratings for this Agreement from each of Mxxxx’x and S&P. (S) The word “and” at the end of Section 8.04(g) of the Existing Credit Agreement is hereby deleted, the “.” at the end of Section 8.04(h) is hereby deleted and replaced with “; and”, and the following new Section 8.04(i) is hereby added to the Existing Credit Agreement to read as follows: (i) made by the Borrower to any direct or indirect parent company of the Borrower holding a majority of the Capital Stock of the Borrower for the sole purpose of paying cash interest with respect to any Indebtedness of such direct or indirect parent company of the Borrower holding a majority of the Capital Stock of the Borrower, provided that (A) no Event of Default exists or would result therefrom and (B) such Indebtedness is not prohibited by Section 8.23. (T) Section 8.06(c) of the Existing Credit Agreement is hereby amended and restated in its entirety to read as follows: (1) the contribution of all or substantially all of the Capital Stock or assets of Los Angeles Daily News or Long Beach Publishing Company to the California Partnership (or a Subsidiary thereof), so long as the Borrower shall have furnished to the Administrative Agent, not later than the fifth Business Day preceding the date of any such Voluntary Disposition (i) a certificate of a Responsible Officer of the Borrower stating that (A) each representation in Article VI is true and correct in all material respects both immediately before and after giving effect to such Voluntary Disposition (except to the extent that any such representation and warranty specifically refers to an earlier date, in which case it was true and correct in all material respects as of such earlier date), and (B) no Default shall have occurred and be continuing both immediately before and after giving effect to such Voluntary Disposition, and (ii) a Pro Forma Compliance Certificate demonstrating that the Borrower would be in compliance with Section 8.19 after giving effect to such Voluntary Disposition on a Pro Forma Basis as of the most recent fiscal quarter end with respect to which the Administrative Agent has received the Required Financial Information and (2) the contribution of the California Assets to the California Partnership (or a Subsidiary thereof) or in the ca...
Sample 1
Maintenance of Debt Ratings. Maintain at all times Debt Ratings with each of Moody's and S&P.
Sample 1

Related to Maintenance of Debt Ratings

  • Maintenance of Ratings At all times, Borrower shall use commercially reasonable efforts to maintain (x) a corporate family rating issued by Xxxxx’x and a corporate credit rating issued by S&P and (y) public ratings issued by Xxxxx’x and S&P with respect to its senior secured debt.

  • Maintenance of Rating Since the execution of this Agreement, there shall not have been any decrease in or withdrawal of the rating of any securities of the Company or any of its subsidiaries (including the Bank) by any “nationally recognized statistical rating organization” (as defined for purposes of Section 3(a)(62) of the 0000 Xxx) or any notice given of any intended or potential decrease in or withdrawal of any such rating or of a possible change in any such rating that does not indicate the direction of the possible change.

  • Maintenance of Liquidity Seller shall ensure that it has cash and Cash Equivalents (excluding Restricted Cash or cash pledged to Persons other than Buyer), in an amount not less than $40,000,000.

  • Debt Ratings Prompt notice of any change in its Debt Ratings.

  • Debt Rating The Liquidity Provider has a short-term debt ratings of “P-1” from Xxxxx’x and “F1+” from Fitch.

  • Maintenance of Collateral Borrower will maintain the Collateral in good working condition, and Borrower will not use the Collateral for any unlawful purpose. Borrower will immediately advise Silicon in writing of any material loss or damage to the Collateral.

  • MAINTENANCE OF CONDITIONS Conditions of employment in effect at the execution of this Agreement shall, except as improved herein, be maintained during the term of this Agreement.

  • Maintenance of Liens Each Borrower shall perform all such acts and execute all such documents as Administrative Agent may reasonably request in order to enable Administrative Agent and the Lenders to file and record every instrument that Administrative Agent may reasonably deem necessary in order to perfect and maintain Administrative Agent’s first priority Liens on the Collateral (subject to Permitted Liens).

  • PRIORITY RATING If so identified, this Contract is a "rated order" certified for national defense, emergency preparedness, and energy program use, and SELLER shall follow all the requirements of the Defense Priorities and Allocation System Regulation (15 C.F.R. Part 700).

  • Maintenance of Insurance The Company shall use commercially reasonable efforts to obtain and maintain in effect during the entire period for which the Company is obligated to indemnify the Indemnitee under this Agreement, one or more policies of insurance with reputable insurance companies to provide the officers/directors of the Company with coverage for losses from wrongful acts and omissions and to ensure the Company’s performance of its indemnification obligations under this Agreement. The Indemnitee shall be covered by such policy or policies in accordance with its or their terms to the maximum extent of the coverage available for any such director or officer under such policy or policies. In all such insurance policies, the Indemnitee shall be named as an insured in such a manner as to provide the Indemnitee with the same rights and benefits as are accorded to the most favorably insured of the Company’s directors and officers.

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