Common use of Maintenance of Rating of Facilities Clause in Contracts

Maintenance of Rating of Facilities. The Loan Parties shall use commercially reasonable efforts to maintain (i) a public corporate credit rating (but not any particular rating) from S&P and a public corporate family rating (but not any particular rating) from Xxxxx’x, in each case in respect of the Borrower and (ii) a public rating (but not any particular rating) in respect of the Loans from each of S&P and Xxxxx’x.

Appears in 8 contracts

Samples: Credit Agreement (Virtus Investment Partners, Inc.), Credit Agreement (Victory Capital Holdings, Inc.), Credit Agreement (Virtus Investment Partners, Inc.)

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Maintenance of Rating of Facilities. The Loan Parties shall use commercially reasonable efforts to maintain (i) a public corporate credit rating (but not any -121- particular rating) from S&P and a public corporate family rating (but not any particular rating) from Xxxxx’xMoody’s, in each case in respect of the Borrower and (ii) a public rating (but not any particular rating) in respect of the Term Loans from each of S&P and Xxxxx’x.Moody’s. Section 5.17

Appears in 1 contract

Samples: Credit Agreement (Virtus Investment Partners, Inc.)

Maintenance of Rating of Facilities. The Loan Parties shall use commercially reasonable efforts to maintain (i) a public corporate credit rating (but not any particular rating) from S&P and a public corporate family rating (but not any particular rating) from Xxxxx’xMxxxx’x, in each case in respect of the Borrower and (ii) a public rating (but not any particular rating) in respect of the Loans from each of S&P and Xxxxx’xMxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (Camping World Holdings, Inc.)

Maintenance of Rating of Facilities. The Loan Parties shall use commercially reasonable efforts to maintain (i) a public corporate credit rating (but not any particular rating) from S&P and a public corporate family rating (but not any particular rating) from Xxxxx’x, in each case in respect of the Borrower Holdings and (ii) a public rating (but not any particular rating) in respect of the Initial Term Loans from each of S&P and Xxxxx’x; provided, however, that upon request from the Borrower, the Administrative Agent may waive the requirements set forth in this Section 5.15.

Appears in 1 contract

Samples: Repricing Amendment (Simply Good Foods Co)

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Maintenance of Rating of Facilities. The Loan Parties shall use commercially reasonable efforts to maintain (i) a public corporate credit rating (but not any particular rating) from S&P and a public corporate family rating (but not any particular rating) from Xxxxx’x, in each case in respect of the Borrower and (ii) a public rating (but not any particular rating) in respect of the Term Loans from each of S&P and Xxxxx’x.. Section 5.17

Appears in 1 contract

Samples: Credit Agreement (Virtus Investment Partners, Inc.)

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