Minimum Ratings Sample Clauses

Minimum Ratings. The Borrower shall ensure that its long term issuer credit rating, as determined by A.M. Best Company, Inc., is not less than bbb.
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Minimum Ratings. The Borrower shall have obtained a rating for the Facilities of at least B1 from Xxxxx'x and at least B+ from S&P.
Sample 1
Minimum Ratings. On or prior to the Initial Borrowing Date, the Borrower shall have received a prospective senior secured credit rating of not less than BB- from S&P and not less than Ba3 from Mxxxx’x, and such ratings shall be in effect on the Initial Borrowing Date.
Sample 1
Minimum Ratings. The Company shall at all times maintain a Moodx'x Xxxing of not less than Baa2 and an S&P Rating of not less than BBB.
Sample 1
Minimum Ratings. The Borrower's 8% Senior Notes due 2009 shall be rated at least Ba3 by Moody's and at least BB- by S&P and neither Moody's (only if sucx xxtes are rated Ba3) nor S&P (only if such notes are rated BB-) shall have publicly announced that it has such notes under surveillance or review with possible negative implications.
Sample 1
Minimum Ratings. The Guarantor shall at all times maintain a Moodx'x Xxxing of not less than A3 and an S&P Rating of not less than A-.
Sample 1

Related to Minimum Ratings

  • Credit Ratings Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x in respect of the Term Facility and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the Borrower, in each case with no requirement to maintain any specific minimum rating.

  • Credit Rating With respect to the Competitive Supplier or Competitive Supplier’s Guarantor, its senior unsecured, unsubordinated long-term debt rating, not supported by third party credit enhancement, and if such debt is no longer rated, then the corporate or long-term issuer rating of Competitive Supplier or Competitive Supplier’s Guarantor.

  • No Ratings There are no debt securities or preferred stock issued or guaranteed by the Company or any of its subsidiaries that are rated by a “nationally recognized statistical rating organization”, as such term is defined in Section 3(a)(62) of the Exchange Act.

  • Industry Ratings The City will only accept coverage from an insurance carrier who offers proof that it: a. Is authorized to do business in the State of Kansas; b. Carries a Best's policyholder rating of A- or better; and c. Carries at least a Class VIII financial rating; or d. Is a company mutually agreed upon by the City and Consulting Engineer/Architect.

  • Required Ratings The Offered Certificates shall have received Required Ratings of at least [ ] from [ ].

  • Debt Ratings Prompt notice of any change in its Debt Ratings.

  • Moody’s Xxxxx’x Investors Service, Inc. and its successors.

  • Payment Grace Period The Borrower shall have a ten (10) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen percent (15%) per annum shall apply to the amounts owed hereunder.

  • Debt Rating The Liquidity Provider has a short-term debt ratings of “P-1” from Xxxxx’x and “F1+” from Fitch.

  • Ratings No “nationally recognized statistical rating organization” as such term is defined for purposes of Rule 436(g)(2) (i) has imposed (or has informed the Company that it is considering imposing) any condition (financial or otherwise) on the Company’s retaining any rating assigned to the Company or any securities of the Company or (ii) has indicated to the Company that it is considering any of the actions described in Section 7(c)(ii) hereof.

Most Referenced Clauses

Most Referenced Definitions