Common use of Provision and contents of Compliance Certificate Clause in Contracts

Provision and contents of Compliance Certificate. (a) The Parent shall supply to the Agent, who will distribute to each Lender: (i) with each set of financial statements delivered pursuant to paragraphs (a) and (b) of Clause 26.1 (Financial statements) if the Public Debt Ratings are equal to or higher than BBB- and Baa3 (with at least a stable outlook); provided that if at any time after the date hereof three Public Debt Ratings have been issued, this paragraph (i) shall be interpreted to mean at least two of the three Public Debt Ratings issued by the Rating Agencies being equal to or higher than BBB- or Baa3 as applicable; or (ii) otherwise with each set of financial statements delivered pursuant to paragraphs (a), (b) and (c) of Clause 26.1 (Financial statements),

Appears in 4 contracts

Samples: Loan Agreement (International Game Technology PLC), Loan Agreement (International Game Technology PLC), Loan Agreement (International Game Technology PLC)

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