Common use of Rated Credit Facilities Clause in Contracts

Rated Credit Facilities. The Borrower will use commercially reasonable efforts to (a) have a formal ratings presentation to each of S&P and Xxxxx’x with respect to the Loans within five Business Days of the Effective Date, (b) cause the credit facilities made available under this Agreement to be rated by S&P and Xxxxx’x no later than 14 days after the Effective Date and (c) cause the Loans to be continuously rated thereafter by S&P and Xxxxx’x.

Appears in 4 contracts

Samples: Term Loan Credit Agreement (Nasdaq Stock Market Inc), Credit Agreement (Nasdaq Stock Market Inc), Term Loan Credit Agreement (Nasdaq Stock Market Inc)

AutoNDA by SimpleDocs

Rated Credit Facilities. The Borrower will use commercially reasonable efforts to (a) have a formal ratings presentation to each of S&P and Xxxxx’x with respect to the Loans within five Business Days of the Effective Datedate hereof, (b) cause the credit facilities made available under this Agreement to be rated by S&P and Xxxxx’x no later than 14 30 days after prior to the Effective First Funding Date and (c) cause the Loans to be continuously rated thereafter by S&P and Xxxxx’x.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Nasdaq Stock Market Inc)

AutoNDA by SimpleDocs

Rated Credit Facilities. The Borrower will use commercially reasonable efforts to (a) have a formal ratings presentation to each of S&P and Xxxxx’x with respect to the Loans within five Business Days of the Effective Datedate hereof, (b) cause the credit facilities made available under this Agreement to be rated by S&P and Xxxxx’x no later than 14 30 days after prior to the Effective Funding Date and (c) cause the Loans to be continuously rated thereafter by S&P and Xxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (Nasdaq Stock Market Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!