Common use of Rating Change Clause in Contracts

Rating Change. Promptly after ▇▇▇▇▇’▇, 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

Appears in 3 contracts

Sources: 5 Year Revolving Credit Agreement (Diamond Offshore Drilling, Inc.), Credit Agreement (Diamond Offshore Drilling Inc), 5 Year Revolving Credit Agreement (Diamond Offshore Drilling Inc)

Rating Change. Promptly after M▇▇▇▇’▇, ▇ or S&P or Fitch shall have announced a change in the rating established or deemed to have been established for the Index DebtDebt Rating, written a notice of such rating change; andchange describing the same in detail.

Appears in 2 contracts

Sources: Senior Secured Credit Agreement (Universal Compression Holdings Inc), Senior Secured Credit Agreement (Exterran Holdings Inc.)