Common use of Minimum Liability Management Rating Clause in Contracts

Minimum Liability Management Rating. The Borrower shall not permit the Liability Management Rating of itself and each of its Subsidiaries in any Relevant Jurisdiction to be less than 2.00:1.00 at any time (including on a pro forma basis after giving effect to any acquisitions or dispositions by the Borrower or such Subsidiary) for so long (and only for so long) as the Liability Management Rating is utilized by the Energy Regulator in such Relevant Jurisdiction.

Minimum Liability Management Rating. The Borrower shall not permit the Liability Management Rating of itself and each of its Subsidiaries (excluding an Excluded LMR Loan Party) in any Relevant Jurisdiction to be less than 2.00:1.00 at any time (including on a pro forma basis after giving effect to any acquisitions or dispositions Dispositions by the Borrower or such Subsidiary) for so long (and only for so long) as the Liability Management Rating is utilized by the Energy Regulator in such Relevant Jurisdiction).

Minimum Liability Management Rating. The Borrower shall not permit the Liability Management Rating of itself and each of its Subsidiaries in any Relevant Jurisdiction to be less than 2.00:1.00 1.40:1.00 at any time (including on a pro forma basis after giving effect to any acquisitions or dispositions Dispositions by the Borrower or such Subsidiary) for so long (and only for so long) as the Liability Management Rating is utilized by the Energy Regulator in such Relevant Jurisdiction.

Minimum Liability Management Rating. The Borrower shall not permit the Liability Management Rating of itself and each of its Subsidiaries in any Relevant Jurisdiction to be less than 2.00:1.00 [Redacted] at any time (including on a pro forma basis after giving effect to any acquisitions or dispositions Dispositions by the Borrower or such Subsidiary) for so long (and only for so long) as the Liability Management Rating is utilized and published by the Energy Regulator in such Relevant Jurisdiction.