Common use of Maintenance of Rating of Facilities Clause in Contracts

Maintenance of Rating of Facilities. Beginning on the date that is 45 days after the Effective Date (or such later date as the Administrative Agent may agree), 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 5 contracts

Samples: Credit Agreement (Camping World Holdings, Inc.), First Lien Credit Agreement (NEP Group, Inc.), Second Lien Credit Agreement (NEP Group, Inc.)

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