Common use of Notice of Change in Debt Rating Clause in Contracts

Notice of Change in Debt Rating. Within five (5) Business Days after Standard & Poor’s or Xxxxx’x announces a change in the Debt Rating of New Jersey Natural Gas, notice of such change. The Borrower will deliver, together with such notice, a copy of any written notification which Borrower or New Jersey Natural Gas received from the applicable rating agency regarding such change of Debt Rating.

Appears in 4 contracts

Samples: Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp), Term Loan Credit Agreement (New Jersey Resources Corp)

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Notice of Change in Debt Rating. Within five (5) Business Days after Standard & Poor’s 's or Xxxxx’x Xxxxx'x announces a change in the Debt Rating of New Jersey Natural Gas, notice of such change. The Borrower will deliver, together with such notice, a copy of any written notification which Borrower or New Jersey Natural Gas received from the applicable rating agency regarding such change of Debt Rating.

Appears in 4 contracts

Samples: Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp), Revolving Credit Facility Agreement (New Jersey Resources Corp)

Notice of Change in Debt Rating. Within five (5) Business Days after Standard & Poor’s Fitch or Xxxxx’x announces a change in the Debt Rating of New Jersey Natural Gas, notice of such change. The Borrower will deliver, together with such notice, a copy of any written notification which Borrower or New Jersey Natural Gas received from the applicable rating agency regarding such change of Debt Rating.

Appears in 1 contract

Samples: Term Loan Credit Agreement (New Jersey Resources Corp)

Notice of Change in Debt Rating. Within five (5) Business Days after Standard & Poor’s or Xxxxx’x Mxxxx’x announces a change in the Debt Rating of New Jersey Natural Gas, notice of such change. The Borrower will deliver, together with such notice, a copy of any written notification which Borrower or New Jersey Natural Gas received from the applicable rating agency regarding such change of Debt Rating.

Appears in 1 contract

Samples: Credit Agreement (New Jersey Resources Corp)

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Notice of Change in Debt Rating. Within five (5) Business Days after Standard & Poor’s 's or Xxxxx’x Moody's announces a change in the Debt Rating of New Jersey Natural GasGax, notice xxxxce of such change. The Borrower will deliver, together with such notice, a copy of any written notification which Borrower or New Jersey Natural Gas received from the applicable rating agency regarding such change of Debt Rating.

Appears in 1 contract

Samples: Credit Agreement (New Jersey Resources Corp)

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