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Common use of Maintenance of Ratings Clause in Contracts

Maintenance of Ratings. The Borrower shall use commercially reasonable efforts to (a) cause the Initial Term B Loans to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (b) maintain a public corporate rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x.

Appears in 10 contracts

Samples: Credit Agreement (Adeia Inc.), Credit Agreement (Maxlinear Inc), Credit Agreement (Xperi Holding Corp)

Maintenance of Ratings. The Borrower shall In respect of the Borrower, use commercially reasonable efforts to (ai) cause the Initial Term B Loans to be continuously publicly rated (but not any specific rating) by S&P and S&P, Xxxxx’x and Fitch and (bii) maintain a public corporate rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xXxxxx’x and Fitch.

Appears in 8 contracts

Samples: Credit Agreement (Avantor, Inc.), Credit Agreement (Avantor, Inc.), Credit Agreement (Avantor, Inc.)

Maintenance of Ratings. The Borrower shall In respect of the Borrower, use commercially reasonable efforts to (ai) cause the Initial Term B Loans to be continuously rated (but not any specific rating) by S&P and Xxxxx’x Moody’s and (bii) maintain a public corporate rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xMoody’s.

Appears in 4 contracts

Samples: Credit Agreement (Hilton Grand Vacations Inc.), Credit Agreement (NRG Energy, Inc.), Credit Agreement (Hilton Grand Vacations Inc.)

Maintenance of Ratings. The Borrower shall In respect of the Parent Borrower, use commercially reasonable efforts to (ai) cause the Initial Term B Loans to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (bii) maintain a public corporate rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x.

Appears in 4 contracts

Samples: Credit Agreement (PF2 SpinCo, Inc.), Credit Agreement (PF2 SpinCo LLC), Credit Agreement (Change Healthcare Inc.)

Maintenance of Ratings. The Borrower shall In respect of the Lead Borrower, use commercially reasonable efforts to (ai) cause the Initial Term B Loans to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (bii) maintain a public corporate rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x.

Appears in 2 contracts

Samples: Credit Agreement (Bumble Inc.), Credit Agreement (Bumble Inc.)

Maintenance of Ratings. The Borrower shall In respect of the Borrower, use commercially reasonable efforts to (ai) cause the Initial Term B Loans to be continuously rated (but not any specific rating) by S&P and Xxxxx’x Mxxxx’x and (bi) maintain a public corporate rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xMxxxx’x.

Appears in 2 contracts

Samples: Credit Agreement (Alight, Inc. /DE), Credit Agreement (Alight, Inc. / Delaware)

Maintenance of Ratings. The Borrower shall In respect of the Borrowers, use commercially reasonable efforts to (ai) cause the Initial Term B Loans in existence on the Closing Date to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (bii) maintain a public corporate rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x.

Appears in 2 contracts

Samples: Credit Agreement (GIC Private LTD), Credit Agreement (Blackstone Holdings III L.P.)

Maintenance of Ratings. The Borrower shall use commercially reasonable efforts to (a) cause the Initial Term B B-1 Loans to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (b) maintain a public corporate rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (Cavium, Inc.)

Maintenance of Ratings. The Borrower shall In respect of the Borrower, use commercially reasonable efforts to (ai) cause the Initial Term B Loans to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (bii) maintain a public corporate rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xMoody’s.

Appears in 1 contract

Samples: Credit Agreement (Alight, Inc. / Delaware)

Maintenance of Ratings. The Borrower shall In respect of the Borrower, use commercially reasonable efforts to (ai) cause the Initial Term B Loans (other than the Amendment No. 7 Term Loans) to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (bii) maintain a public corporate rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (Hilton Grand Vacations Inc.)

Maintenance of Ratings. The Borrower shall use commercially reasonable efforts to (a) cause the Initial Term B Loans to be continuously rated (but not any specific rating) by S&P and Xxxxx’x Moody’s and (b) maintain a public corporate rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xMoody’s.

Appears in 1 contract

Samples: Credit Agreement (Maxlinear, Inc)

Maintenance of Ratings. The Borrower shall In respect of the Borrower, use commercially reasonable efforts to (ai) cause the Initial Term B Loans Loan Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (bii) maintain a public corporate rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (AFG Holdings, Inc.)

Maintenance of Ratings. The Borrower shall use commercially reasonable efforts to (a) cause the Initial Term B Loans to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (b) maintain a public corporate rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xMoody’s.

Appears in 1 contract

Samples: Credit Agreement (Adeia Inc.)

Maintenance of Ratings. The Borrower shall use commercially reasonable efforts to (a) cause the Initial Term B B-1 Loans to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and Moodx’x xxx (b) maintain a public corporate rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xMoodx’x.

Appears in 1 contract

Samples: Credit Agreement (Integrated Device Technology Inc)

Maintenance of Ratings. The Borrower shall In respect of the Lead Borrower, use commercially reasonable efforts to (ai) cause the Initial Term B Loans to be continuously rated (but not any specific rating) by S&P and Xxxxx’x Mxxxx’x and (bii) maintain a public corporate rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xMxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (Bumble Inc.)

Maintenance of Ratings. The Borrower shall use commercially reasonable efforts to (a) cause the Initial Term B Loans and the 2018 Incremental Term B Loans to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (b) maintain a public corporate rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x.but

Appears in 1 contract

Samples: Incremental Amendment (Brooks Automation Inc)

Maintenance of Ratings. The Borrower shall will use commercially reasonable efforts to (a) cause the Initial public credit ratings for the Term B B-2 Loans issued by each of S&P and Xxxxx’x to each be continuously rated maintained (but not any to obtain or maintain a specific rating) by S&P and Xxxxx’x and (b) maintain a public corporate rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x).

Appears in 1 contract

Samples: Credit Agreement (Delta Tucker Holdings, Inc.)

Maintenance of Ratings. The Borrower shall In respect of the Borrower, use commercially reasonable efforts to (ai) cause the Initial Term B Loans (other than the Amendment No. 7 Term Loans) to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (bii) maintain a public corporate rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xMoody’s.

Appears in 1 contract

Samples: Credit Agreement (Hilton Grand Vacations Inc.)