No Ratings Downgrade. Subsequent to the Applicable Time, there shall not have been any downgrading, nor shall any notice have been given of any intended or potential downgrading or of any review for a possible change that does not indicate the direction of the possible change, in the rating accorded any of the Company’s securities by any “nationally recognized statistical rating organization”, as such term is defined for purposes of Section 3(a)(62) of the Exchange Act.
Appears in 10 contracts
Samples: Underwriting Agreement (Aes Corp), Underwriting Agreement (Aes Corp), Underwriting Agreement (Aes Corp)
No Ratings Downgrade. Subsequent to At the Applicable TimeClosing Time and at each Date of Delivery, there shall not have been occurred any downgrading, nor shall any notice have been given of any intended or potential downgrading or of any review for a possible change that does not indicate the direction of the possible change, in the rating accorded the Company or any of the Company’s its subsidiaries or any of their securities or indebtedness by any “nationally recognized statistical rating organization”, ” as such term is defined for purposes of in Section 3(a)(62) of the Exchange Act.
Appears in 2 contracts
Samples: Underwriting Agreement (Qep Resources, Inc.), Underwriting Agreement (Qep Resources, Inc.)
No Ratings Downgrade. Subsequent to the Applicable Time, there shall not have been any downgrading, nor shall any notice have been given of any intended or potential downgrading or of any review for a possible change that does not indicate the direction of the possible change, in the rating accorded any of the Company’s securities by any “nationally recognized statistical rating organization”, ,” as such term is defined for purposes of Section 3(a)(62) of the Exchange Act.
Appears in 2 contracts
Samples: Underwriting Agreement (Aes Corp), Underwriting Agreement (Aes Corp)
No Ratings Downgrade. Subsequent to At the Applicable Closing Time, there shall not have been occurred any downgrading, nor shall any notice have been given of any intended or potential downgrading or of any review for a possible change that does not indicate the direction of the possible change, in the rating accorded the Company or any of the Company’s its subsidiaries or any of their securities or indebtedness by any “nationally recognized statistical rating organization”, ” as such term is defined for purposes of in Section 3(a)(62) of the Exchange Act.
Appears in 2 contracts
Samples: Underwriting Agreement (Qep Resources, Inc.), Underwriting Agreement (Qep Resources, Inc.)
