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)

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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 will use commercially reasonable efforts to (a) cause the Initial Term B Loans and the Borrower’s corporate credit or corporate family credit rating to continue to be continuously rated by either Standard & Poor’s Rating Group or Xxxxx’x Investors Service Inc., as applicable (but not any to 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 7 contracts

Samples: Term Loan Agreement (Uber Technologies, Inc), Term Lender Agreement (Uber Technologies, Inc), Security Agreement (Uber Technologies, Inc)

Maintenance of Ratings. The Borrower Borrowers 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 S&P and Xxxxx’x.

Appears in 6 contracts

Samples: First Lien Credit and Guaranty Agreement (Corsair Gaming, Inc.), First Lien Credit and Guaranty Agreement (Corsair Gaming, Inc.), Credit and Guaranty Agreement (Corsair Gaming, 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 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 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 188 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. / Delaware), Credit Agreement (Alight, Inc. /DE)

Maintenance of Ratings. The Borrower shall will use commercially reasonable efforts to (a) cause the Initial Term B Loans and the Borrower’s corporate credit or corporate family credit rating to continue to be continuously rated by either Standard & Poor’s Rating Group or Mxxxx’x Investors Service Inc., as applicable (but not any to 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 2 contracts

Samples: Term Loan Agreement (Uber Technologies, Inc), Term Loan Agreement (Uber Technologies, Inc)

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 Borrowers 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 S&P and Xxxxx’x.. 110

Appears in 2 contracts

Samples: Second Lien Credit and Guaranty Agreement (Corsair Gaming, Inc.), Second Lien Credit and Guaranty Agreement (Corsair Gaming, 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)

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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 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 will use commercially reasonable efforts to (a) cause the Initial Term B Loans, the Term F Loans, the Term A Loans and the Borrower to become and continue to be continuously rated by both S&P and Xxxxx’x (but not any to 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 (Sylvamo Corp)

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.

Appears in 1 contract

Samples: Credit Agreement (Brooks Automation 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’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 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.)

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