Rating Downgrade of Liquidity Lender. A Rating Downgrade below A-2 by S&P or P-2 by Moody's shall occur and be continuing for sixty (60) days (or such other period permitted by the Rating Agencies) with respect to any Liquidity Lender and such Liquidity Lender shall not have been replaced pursuant to Section 5.9 hereof.
Appears in 1 contract
Rating Downgrade of Liquidity Lender. A Rating Downgrade below A-2 by S&P or S&P, P-2 by Moody's or D-1- by DCR (if rated by DCR) shall occur and be continuing for sixty (60) 60 days (or such other period permitted by the Rating Agencies) with respect to any Liquidity Lender and such Liquidity Lender shall not have been replaced pursuant to Section 5.9 hereof.
Appears in 1 contract
Samples: Liquidity Agreement (Dollar Thrifty Automotive Group Inc)
Rating Downgrade of Liquidity Lender. A Rating Downgrade ------------------------------------ below A-2 by S&P or P-2 by Moody's Xxxxx'x shall occur and be continuing for sixty (60) 60 days (or such other period permitted by the Rating Agencies) with respect to any Liquidity Lender and such Liquidity Lender shall not have been replaced pursuant to Section 5.9 5.09 hereof.
Appears in 1 contract
Samples: Liquidity Agreement (Ryder TRS Inc)
Rating Downgrade of Liquidity Lender. A Rating Downgrade below A-2 by S&P or P-2 by Moody's shall Moodx'x xxxll occur and be continuing for sixty (60) 60 days (or such other period permitted by the Rating Agencies) with respect to any Liquidity Lender and such Liquidity Lender shall not have been replaced pursuant to Section 5.9 hereof.
Appears in 1 contract
