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Rating Change Sample Clauses

Rating Change. Promptly after Xxxxx’x, S&P or Fitch shall have announced a change in the rating established or deemed to have been established for the Index Debt, written notice of such rating change; and
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Rating ChangePromptly notify Agent and each of the Banks of any change in Company's Xxxxx'x Rating or S&P Rating and furnish Agent and each of the Banks with a copy of any report issued by Xxxxx'x or S&P in connection therewith.
Rating ChangeThe Company shall provide to the Agent, promptly upon becoming aware of it, written notice of any change in (or withdrawal of) the long term credit rating assigned to it by S&P or Xxxxx’x or such other rating agency as may be approved from time to time for this purpose by the Majority Banks.
Rating Change. Promptly upon receipt of notice thereof by a Responsible Officer, a written notice of the issuance of any rating of, or any change in the rating of, the Borrower's senior unsecured debt affecting the calculation of the Applicable Margin or of the commitment fees due pursuant to Section 2.10 hereof or any other issuance or change in the public rating of any other obligations of the Borrower or any of its Material Subsidiaries.
Rating Change. Each of the Borrowers shall within 72 hours after any officer of OSG becomes aware of any change in the rating by Xxxxx’x or S&P of OSG’s publicly-traded senior unsecured long-term debt securities, give notice of such change to the Administrative Agent.
Rating ChangePromptly upon the occurrence of either Moodx'x xx S&P changing the rating it has assigned to Parent, a written notice describing such change;
Rating Change. Promptly after any Responsible Employee becomes aware of the occurrence thereof, notice of any change in the Rating by S&P or Xxxxx'x, or the placement by S&P or Xxxxx'x of AGCO on a "CreditWatch" or "WatchList" or any similar list, in each case with negative implications, or the cessation by S&P or Xxxxx'x of, or its intent to cease, issuing a Rating for AGCO; and (d)
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Rating Change. 50 8.17 Year 2000 Requirement................................................50
Rating ChangeWritten notice immediately upon the occurrence thereof of any change in the Moody's Rating or S&P Rating (as such terms are definex xx Xxhibit A attached to this Agreement and made a part hereof for all purposes): (i) of Borrower; and (ii) of IPL, if there is neither a Moody's Rating or S&P Rating (as such terms are definex xx Xxhibit A attached to this Agreement and made a part hereof for all purposes) of Borrower in effect.

Related to Rating Change

  • Staffing Changes The Director’s prior written approval is required for the Consultant to remove, replace or add to any of its staffing identified in Attachment B of an Approved Service Order.

  • Accounting Changes Make any material change in accounting treatment or reporting practices, except as required by GAAP and in accordance with Section 1.2; or change its Fiscal Year.

  • Termination Following Change of Control Should Employee at any time within two years of a change of control cease to be an employee of the Company (or its successor), by reason of (i) involuntary termination by the Company (or its successor) other than for "cause" (following a change of control), "

  • Engineering Changes Customer may request that Flextronics incorporate engineering changes into the Product by providing Flextronics with a description of the proposed engineering change sufficient to permit Flextronics to evaluate its feasibility and cost. Flextronics will proceed with engineering changes when the parties have agreed upon the changes to the Specifications, delivery schedule and Product pricing and the Customer has issued a purchase order for the implementation costs.

  • Termination Following Change in Control In the event of the occurrence of Constructive Termination within twelve (12) months after the effective date of a Change in Control, Employee may, at Employee's option, terminate Employee's employment due to Constructive Termination unless Employee has entered into an employment agreement with Successor. Such termination shall be effective upon Employee giving notice to Successor. In the event of termination of Employee's employment (1) by Successor within twelve (12) months after the effective date of a Change of Control, or (2) by Employee within twelve (12) months after the effective date of a Change of Control as a result of a Constructive Termination, then (a) Successor shall pay Employee a lump sum cash payment equal to the Severance Amount within 10 business days after the termination of employment; (b) Successor shall make available to Employee, at Employee's cost and expense, medical and other insurance coverage at a level and to the extent required by COBRA; and (c) any outstanding options held by Employee that remain unvested as of the date of termination shall become fully vested and exercisable as of the date of termination of Employee's employment with Successor and prior to the occurrence of an event otherwise terminating the options. Notwithstanding the foregoing, in the event that any payments under this Section 2 will be deemed to constitute an "excess parachute payment" as defined in Section 280G(b)(i) of the Internal Revenue Code of 1986, as amended (an "Excess Parachute Payment"), then the payments to Employee under this Section 2 shall be limited to an amount equal to the maximum amount that could be paid to Employee so that no such amount, along with all other payments to Employee by Successor, will be deemed to constitute an Excess Parachute Payment. Subject to the terms of this Section 2, Employee shall not be entitled to receive any other compensation or benefits under this Agreement as a result of the termination of Employee's employment following a Change of Control or Constructive Termination.

  • Conforming Changes In connection with the use, administration, adoption or implementation of a Benchmark Replacement, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document.

  • Deferral Pending Change in Control The obligation of the Company to prepay Notes pursuant to the offers required by subparagraph (b) and accepted in accordance with subparagraph (d) of this Section 8.7 is subject to the occurrence of the Change in Control in respect of which such offers and acceptances shall have been made. In the event that such Change in Control does not occur on the Proposed Prepayment Date in respect thereof, the prepayment shall be deferred until and shall be made on the date on which such Change in Control occurs. The Company shall keep each holder of Notes reasonably and timely informed of (i) any such deferral of the date of prepayment, (ii) the date on which such Change in Control and the prepayment are expected to occur, and (iii) any determination by the Company that efforts to effect such Change in Control have ceased or been abandoned (in which case the offers and acceptances made pursuant to this Section 8.7 in respect of such Change in Control shall be deemed rescinded).

  • Benchmark Replacement Conforming Changes In connection with the use, administration, adoption or implementation of a Benchmark Replacement, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document.

  • Term SOFR Conforming Changes In connection with the use or administration of Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Loan Document. The Administrative Agent will promptly notify the Borrower and the Lenders of the effectiveness of any Conforming Changes in connection with the use or administration of Term SOFR.

  • Status Change Upon the termination of the Optionee’s Employment, this Option shall continue or terminate, as and to the extent provided in the Plan and this Agreement.

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