Common use of Ratings by S&P and Xxxxx’x Clause in Contracts

Ratings by S&P and Xxxxx’x. Use commercially reasonable efforts (a) to maintain a public corporate credit rating and a public facility rating (or the equivalents thereof) in respect of the Facilities by S&P and Xxxxx’x until the Tranche B Maturity Date and (b) to assure that each such rating is updated or confirmed at least once per year so long as S&P and Xxxxx’x are providing such yearly updates and confirmations in the ordinary course.

Appears in 4 contracts

Samples: Credit Agreement (Six Flags Entertainment Corp), Credit Agreement (Six Flags Entertainment Corp), Credit Agreement (Six Flags Entertainment Corp)

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Ratings by S&P and Xxxxx’x. Use commercially reasonable efforts (a) to maintain cause a public corporate credit rating and a public facility rating (or the equivalents thereof) in respect of the Facilities Facility to be issued by S&P and Xxxxx’x within 90 days of the Closing Date and to be maintained thereafter until the Tranche B Maturity Date and (b) to assure that each such rating is updated or confirmed at least once per year so long as S&P and Xxxxx’x are providing such yearly updates and confirmations in the ordinary course.

Appears in 1 contract

Samples: Credit Agreement (Six Flags Entertainment Corp)

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Ratings by S&P and Xxxxx’x. Use commercially reasonable efforts (a) to maintain cause a public corporate credit rating and a public facility rating (or the equivalents thereof) in respect of the Facilities to be issued by S&P and Xxxxx’x within 90 days of the Closing Date and to be maintained thereafter until the Tranche B Maturity Date and (b) to assure that each such rating is updated or confirmed at least once per year so long as S&P and Xxxxx’x are providing such yearly updates and confirmations in the ordinary course.

Appears in 1 contract

Samples: Credit Agreement (Six Flags Entertainment Corp)

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