Public Debt Ratings. On or prior to the Closing Date, the Borrower shall have obtained (i) debt ratings (of any level) from S&P and Xxxxx’x in respect of each Tranche of Loans existing on the Closing Date and (ii) corporate credit and corporate family ratings (of any level) from S&P and Xxxxx’x, each of which ratings shall be in effect on the Closing Date.
Appears in 3 contracts
Samples: Credit Agreement (Alere Inc.), Credit Agreement (GSE Holding, Inc.), Credit Agreement (Alere Inc.)
Public Debt Ratings. On or prior to the Closing Initial Borrowing Date, the Borrower shall have obtained (i) debt ratings (of any level) from S&P and Xxxxx’x in respect of each Tranche of Loans existing on the Closing Initial Borrowing Date and (ii) corporate credit and corporate family ratings (of any level) from S&P and Xxxxx’x, each of which ratings shall be in effect on the Closing Initial Borrowing Date.
Appears in 2 contracts
Samples: Credit Agreement (Town Sports International Holdings Inc), Security Agreement (Town Sports International Holdings Inc)
Public Debt Ratings. On or prior to the Closing Date, the Borrower shall have obtained (i) debt ratings (of any level) from S&P and Xxxxx’x in respect of each Tranche of the Initial Term Loans existing on the Closing Date and (ii) corporate credit and corporate family ratings (of any level) from S&P and Xxxxx’x, each of which ratings shall be in effect on the Closing Date.
Appears in 1 contract
Samples: Credit Agreement (GSE Holding, Inc.)
