Common use of Maintenance of Ratings Clause in Contracts

Maintenance of Ratings. In respect of the Borrower, use commercially reasonable efforts to (i) cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (ii) 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 23 contracts

Samples: Credit Agreement (Hilton Worldwide Holdings Inc.), Credit Agreement (Hilton Worldwide Holdings Inc.), First Lien Credit Agreement (Sterling Check Corp.)

AutoNDA by SimpleDocs

Maintenance of Ratings. In respect of the Borrower, use Use commercially reasonable efforts to (ia) cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (iib) 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, in each case for the Borrower.

Appears in 12 contracts

Samples: Security Agreement, Credit Agreement (Entercom Communications Corp), Credit Agreement (Meredith Corp)

Maintenance of Ratings. In respect of the Borrower, use commercially reasonable efforts to (i) cause each Facility the Term Loans to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (ii) 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 11 contracts

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

Maintenance of Ratings. In respect of the Borrower, The Borrower shall use its commercially reasonable efforts to maintain a (i) cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x long-term public credit rating of the Borrower and (ii) a credit rating for the Facilities, in each case, from both S&P and Xxxxx’x; provided that in no event shall the Borrower be required to maintain a public corporate rating (but not any specific rating) from S&P and a public corporate family rating (but not with any specific rating) from Xxxxx’xsuch rating agency.

Appears in 10 contracts

Samples: Loan Agreement (Worldpay, Inc.), Loan Agreement (Vantiv, Inc.), Loan Agreement (Vantiv, Inc.)

Maintenance of Ratings. In respect of the Borrower, use Use commercially reasonable efforts to (i) cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (ii) maintain ratings of the Term Loans, a public corporate rating (but not any specific rating) from S&P and a public corporate family rating rating, as applicable, from each of S&P and Xxxxx’x, in each case in respect of the Borrower (but not any to obtain or maintain a specific rating) from Xxxxx’x).

Appears in 8 contracts

Samples: Credit Agreement (Warner Music Group Corp.), Credit Agreement (Warner Music Group Corp.), Credit Agreement (Warner Music Group Corp.)

Maintenance of Ratings. In respect of the Borrower, The Borrower will use commercially reasonable efforts to maintain (i) cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (ii) maintain a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x and (ii) a public rating (but not any specific rating) in respect of the Loans and the Commitments from each of S&P and Xxxxx’x.

Appears in 8 contracts

Samples: First Lien Credit Agreement (Select Medical Holdings Corp), Credit Agreement (Select Medical Corp), First Lien Credit Agreement (Select Medical Corp)

Maintenance of Ratings. In respect of the Borrower, use Use commercially reasonable efforts to (ia) cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (iib) 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, in each case for Parent.

Appears in 6 contracts

Samples: Credit Agreement (OUTFRONT Media Inc.), Credit Agreement (OUTFRONT Media Inc.), Credit Agreement (OUTFRONT Media Inc.)

Maintenance of Ratings. In respect Each of Holdings and the Borrower, Borrower will use commercially reasonable efforts efforts, including, for the avoidance of doubt, the payment of the usual and customary fees and expenses of each of S&P and Xxxxx’x, to cause (ia) cause the Borrower to continuously have a public corporate credit rating from each of S&P and Xxxxx’x (but not to maintain a specific rating) and (b) the Term Facility and the Revolving Facility to be continuously rated by each of S&P and Xxxxx’x (but not any to maintain a specific rating) by S&P and Xxxxx’x and (ii) 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 6 contracts

Samples: Credit Agreement (Dave & Busters Inc), Credit Agreement (Dave & Buster's Entertainment, Inc.), Credit Agreement (Dave & Buster's Entertainment, Inc.)

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

Appears in 5 contracts

Samples: Credit Agreement (CONSOL Energy Inc.), Credit Agreement (CONSOL Energy Inc.), Credit Agreement (CONSOL Energy Inc.)

Maintenance of Ratings. In respect of the Borrower, use Use commercially reasonable efforts to (i) cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (ii) maintain a public corporate rating for Holdings (but not any specific rating) from S&P and a public corporate family rating for Holdings (but not any specific rating) from Xxxxx’x. For purposes of clause (ii) of this Section 6.15, a public corporate rating of Parent and a public corporate family for Parent shall be sufficient.

Appears in 5 contracts

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

Maintenance of Ratings. In respect of the Borrower, The Borrower will use commercially reasonable efforts to maintain (i) cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (ii) maintain a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case in respect of the Borrower, and (ii) a public rating (but not any specific rating) in respect of each of the Term B Facilities from each of S&P and Xxxxx’x.

Appears in 5 contracts

Samples: Credit Agreement (Travel & Leisure Co.), Credit Agreement (Wyndham Destinations, Inc.), Credit Agreement (Wyndham Destinations, Inc.)

Maintenance of Ratings. In respect of the Borrower, use Use commercially reasonable efforts to (i) cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (ii) maintain a public corporate rating (but not any specific rating) from S&P of the Facilities and a public corporate family debt rating for the Borrower by each of S&P and Xxxxx’x (but not any to obtain or maintain a specific rating) from Xxxxx’x).

Appears in 4 contracts

Samples: Credit Agreement (Tribune Media Co), Credit Agreement (Chicagoland Television News, LLC), Assignment and Assumption (Tribune Media Co)

Maintenance of Ratings. In respect of the Borrower, use Use commercially reasonable efforts to (i) cause each Facility the Facilities to be continuously rated (but not any specific rating) by S&P and Xxxxx’x Moody’s and (ii) 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, in each case, for the Borrower.

Appears in 3 contracts

Samples: Credit Agreement (Summit Materials, LLC), Credit Agreement (Summit Materials, LLC), Credit Agreement (Summit Materials, LLC)

Maintenance of Ratings. In respect of the Borrower, use commercially reasonable efforts to (i) cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x Moody’s and (ii) 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 3 contracts

Samples: Credit Agreement (Hilton Worldwide Holdings Inc.), Credit Agreement (Hilton Worldwide Holdings Inc.), Credit Agreement (Gates Industrial Corp PLC)

Maintenance of Ratings. In respect the case of the Borrower, use commercially reasonable efforts to (i) cause each the Term Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (ii) maintain a public corporate rating (but not any specific rating) from S&P and a public corporate family rating from Xxxxx’x (but but, in each case, not any to maintain a specific rating) from Xxxxx’x).

Appears in 3 contracts

Samples: Credit Agreement (Ciena Corp), Credit Agreement (Ciena Corp), Credit Agreement (Ciena Corp)

Maintenance of Ratings. In respect of the Borrower, use commercially reasonable efforts to (i) cause each Facility to be continuously privately rated (but not any specific rating) by S&P and Xxxxx’x and (ii) maintain a public private corporate rating (but not any specific rating) from S&P and a public private corporate family rating (but not any specific rating) from Xxxxx’x.

Appears in 2 contracts

Samples: Credit Agreement (Nebula Parent Corp.), Credit Agreement (Nebula Parent Corp.)

Maintenance of Ratings. In respect of the Borrower, use Use commercially reasonable efforts to (i) cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x Mxxxx’x and (ii) maintain a public corporate rating for Holdings (but not any specific rating) from S&P and a public corporate family rating for Holdings (but not any specific rating) from Xxxxx’xMxxxx’x. For purposes of clause (ii) of this Section 6.15, a public corporate rating of Parent and a public corporate family for Parent shall be sufficient.

Appears in 2 contracts

Samples: Credit Agreement (iHeartMedia, Inc.), Credit Agreement (Travelport Worldwide LTD)

Maintenance of Ratings. In respect of the Borrower, The Borrower shall use commercially reasonable efforts to (ia) cause each Facility to be continuously rated (but not any specific rating) by S&P S&P, Fitch and Xxxxx’x and (iib) maintain a public corporate rating (but not any specific rating) from S&P S&P, Fitch and a public corporate family rating (but not any specific rating) from Xxxxx’x.

Appears in 2 contracts

Samples: Credit Agreement (Everi Holdings Inc.), Credit Agreement (Everi Holdings Inc.)

Maintenance of Ratings. In respect of the Borrower, The Borrower shall use commercially reasonable efforts to maintain (i) cause a public facility rating from each Facility to be continuously rated (but not any specific rating) by of S&P and Xxxxx’x Mxxxx’x and (ii) maintain a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not as applicable) from each of S&P and Mxxxx’x; provided that in no event shall the Borrower be required to maintain any specific rating) from Xxxxx’xrating with any such agency.

Appears in 2 contracts

Samples: Term Loan Agreement (Daseke, Inc.), Term Loan Agreement (Concrete Pumping Holdings, Inc.)

Maintenance of Ratings. In respect of the BorrowerCompany, use commercially reasonable efforts to (i) cause each Facility to be continuously rated (but not any specific rating) by Xxxxx’x and S&P and Xxxxx’x and (ii) maintain a public corporate rating (but not any specific rating) from S&P Xxxxx’x and a public corporate family rating (but not any specific rating) from Xxxxx’x.S&P.

Appears in 2 contracts

Samples: Credit Agreement (Arris Group Inc), Credit Agreement (Arris Group Inc)

Maintenance of Ratings. In respect of the Borrower, use commercially reasonable efforts to (i) cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x Mxxxx’x and (ii) 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 (Gates Industrial Corp PLC), Credit Agreement (Gates Industrial Corp PLC)

Maintenance of Ratings. In respect of the Borrower, use Use commercially reasonable efforts to (i) cause each Facility the Facilities to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (ii) 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, in each case, for the Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Summit Materials, LLC), Credit Agreement (Summit Materials, LLC)

Maintenance of Ratings. In respect of The Parent and the Borrower, Borrower shall use commercially reasonable efforts to (ia) cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (iib) 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: Term Loan Credit Agreement (Everi Holdings Inc.)

Maintenance of Ratings. In respect of the Borrower, use commercially reasonable efforts to (i) cause each Facility Facilitythe Term Loans to be continuously rated (but not any specific rating) by S&P and Xxxxx’x Mxxxx’x and (ii) 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 (Gates Industrial Corp PLC)

Maintenance of Ratings. In respect the case of the Borrower, use commercially reasonable efforts to (i) cause each the Facility to be continuously publicly rated (but not any specific rating) by S&P and Xxxxx’x and (ii) 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 (Diamond Foods Inc)

Maintenance of Ratings. In respect of the Borrower, use commercially reasonable efforts to (i) cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (ii) 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; provided that the Initial Term Loans and the Delayed Draw Term Loans shall be considered a single Facility for purposes of this Section 6.15.

Appears in 1 contract

Samples: Credit Agreement (DJO Finance LLC)

Maintenance of Ratings. In respect of the Borrower, use Use commercially reasonable efforts to (ia) cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x Mxxxx’x and (iib) 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, in each case for the Borrower.

Appears in 1 contract

Samples: Credit Agreement (CBS Corp)

Maintenance of Ratings. In respect of the Borrower, use Use commercially reasonable efforts to (i) cause a)cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (ii) maintain 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, in each case for Parent.

Appears in 1 contract

Samples: Credit Agreement (Uniti Group Inc.)

AutoNDA by SimpleDocs

Maintenance of Ratings. In respect of the Borrower, Borrower shall use commercially reasonable efforts to (i) cause each maintain a rating of the Term Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (ii) 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, in each case with respect to the Borrower.

Appears in 1 contract

Samples: Credit Agreement (AgroFresh Solutions, Inc.)

Maintenance of Ratings. In respect of the Borrower, Borrower shall use commercially reasonable efforts to (i) cause each Facility to be continuously rated maintain a rating of the Facilities (but not any specific rating) by S&P and Xxxxx’x and (ii) 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, in each case with respect to the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Blue Bird Corp)

Maintenance of Ratings. In respect of the Borrower, use commercially reasonable efforts to (i) cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (ii) 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.. 143

Appears in 1 contract

Samples: Credit Agreement (Hilton Worldwide Holdings Inc.)

Maintenance of Ratings. In respect of the Borrower, use Use commercially reasonable efforts to (i) cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (ii) 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.. 150

Appears in 1 contract

Samples: Credit Agreement (Beasley Broadcast Group Inc)

Maintenance of Ratings. In respect of The Parent and the Borrower, Borrower shall use commercially reasonable efforts to (i) cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (ii) 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 (Global Cash Access Holdings, Inc.)

Maintenance of Ratings. In respect of The Parent and the Borrower, Borrower shall use commercially reasonable efforts to (ia) cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x Mxxxx’x and (iib) 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 (Everi Holdings Inc.)

Maintenance of Ratings. In respect of the BorrowerBorrowers, after the obtainment of the applicable ratings, use commercially reasonable efforts to (ia) cause each Facility the Loans to be continuously rated (but not any specific rating) by each of S&P and Xxxxx’x and (iib) maintain a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (Global Infrastructure Investors III, LLC)

Maintenance of Ratings. In respect of the BorrowerHoldings, use commercially reasonable efforts to (i) cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (ii) 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 (Expro Oilfield Services PLC)

Maintenance of Ratings. In respect of the Borrower, use Use commercially reasonable efforts to (ia) cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x Mxxxx’x and (iib) 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, in each case for Parent.

Appears in 1 contract

Samples: Security Agreement (OUTFRONT Media Inc.)

Maintenance of Ratings. In respect of the Borrower, use Use commercially reasonable efforts to (i) cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (ii) 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 (Beasley Broadcast Group Inc)

Maintenance of Ratings. In respect of the Borrower, use Use commercially reasonable efforts to (i) cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and Moxxx’x xnd (ii) maintain a public corporate rating for Holdings (but not any specific rating) from S&P and a public corporate family rating for Holdings (but not any specific rating) from Xxxxx’xMoxxx’x. For purposes of clause (ii) of this Section 6.15, a public corporate rating of Parent and a public corporate family for Parent shall be sufficient.

Appears in 1 contract

Samples: Credit Agreement (Travelport Worldwide LTD)

Maintenance of Ratings. In respect of the Borrower, use Use commercially reasonable efforts to maintain (i) cause each Facility to be continuously rated an issuer credit rating of the Company by S&P (but not any a specific rating) by S&P and Xxxxx’x ), and (ii) maintain a public corporate credit rating of the Initial Term Loan Facility by each of S&P and Xxxxx’x (but not any a 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 (NMI Holdings, Inc.)

Maintenance of Ratings. In respect of the Borrower, use commercially reasonable efforts to (i) cause each the Facility to be continuously rated (but not any specific rating) by S&P Standard & Poor’s Ratings Services and Xxxxx’x Investors Service, Inc. and (ii) maintain a public corporate rating (but not any specific rating) from S&P Standard & Poor’s Ratings Services and a public corporate family rating (but not any specific rating) from Xxxxx’x.Xxxxx’x Investors Service, Inc.

Appears in 1 contract

Samples: Credit Agreement (Libbey Inc)

Maintenance of Ratings. In respect of the Borrower, use Use commercially reasonable efforts to (ia) cause each Facility to be continuously rated (but not any specific rating) by at least two of three of S&P and Xxxxx’x and, Mxxxx’x or Fitch and (iib) maintain a public corporate rating ratingcredit ratings and corporate family ratings (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xMxxxx’stwo of three of Mxxxx’x, S&P or Fitch, in each case for Parent.

Appears in 1 contract

Samples: Credit Agreement (Uniti Group Inc.)

Maintenance of Ratings. In respect of the Borrower, use commercially reasonable efforts to (i) cause each Facility to be continuously rated (but not any specific rating) by S&P and Xxxxx’x Xxxxx’x; provided that the Tranche A Term Facility need not be so rated prior to the consummation of the 2015 Acquisition and (ii) 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.. Section 6.18

Appears in 1 contract

Samples: Credit Agreement (Activision Blizzard, Inc.)

Maintenance of Ratings. In respect of the Borrower, use Use commercially reasonable efforts to (ia) cause each Facility the Facilities to be continuously rated (but not any specific rating) by S&P and Xxxxx’x Xxxxx’x, and (iib) 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, in each case in respect of the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Health Management Associates Inc)

Maintenance of Ratings. In respect the case of the Borrower, use commercially reasonable efforts to (i) cause each Facility the Facilities to be continuously rated (but not any specific rating) by S&P and Xxxxx’x and (ii) maintain a public corporate rating (but not any specific rating) from S&P and a public corporate family rating or senior unsecured debt rating from Xxxxx’x (but but, in each case, not any to maintain a specific rating) from Xxxxx’x).

Appears in 1 contract

Samples: Security Agreement (Ciena Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!