Common use of Maintenance of Debt Ratings Clause in Contracts

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, Holdings or Parent, and a public rating of the Facilities by each of S&P and Xxxxx’x.

Appears in 2 contracts

Samples: Credit Agreement (Wendy's Co), Credit Agreement (Wendy's Restaurants, LLC)

AutoNDA by SimpleDocs

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, Holdings or Parent, and a public rating of the Facilities and the Senior Notes, to the extent then outstanding, by each of S&P and Xxxxx’x.

Appears in 2 contracts

Samples: Credit Agreement (Gentiva Health Services Inc), Credit Agreement (Gentiva Health Services Inc)

Maintenance of Debt Ratings. The Borrower shall use Use commercially reasonable efforts to maintain a public corporate rating from S&P and a (a) the public corporate family rating from of the Borrower as determined by Xxxxx’x, in each case in respect of (b) the Borrower, Holdings or Parent, and a public corporate credit rating of the Facilities Borrower as determined by S&P, and (c) the public ratings with respect to each of S&P the Facilities as determined by both Xxxxx’x and Xxxxx’x.S&P.

Appears in 1 contract

Samples: Credit Agreement (On Assignment Inc)

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, Holdings Borrower or Parent, and a public rating of the Facilities by each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (Wendy's/Arby's Group, Inc.)

AutoNDA by SimpleDocs

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, Holdings or Parent, and a public rating of the Facilities by each of S&P and Xxxxx’xXxxxx’x (such ratings a “Debt Rating”).

Appears in 1 contract

Samples: Credit Agreement (Gentiva Health Services Inc)

Maintenance of Debt Ratings. The Borrower shall use commercially reasonable efforts to maintain (i) a public corporate credit rating from S&P and a public corporate family rating from Xxxxx’xMxxxx’x, in each case in respect of the Borrower, Holdings or Parent, Borrower and (ii) a public credit rating of the Facilities by each of S&P and Xxxxx’xMxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (DineEquity, Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.