Ratings Trigger Sample Clauses

Ratings Trigger. (1) Notwithstanding anything to the contrary in this Agreement or any other Finance Document, during the period (if any) that a Release Condition (as defined in paragraph (d) below) is satisfied:
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Ratings Trigger. Unless substantially similar provisions are incorporated in the Guarantee or other Loan Documents on terms reasonably satisfactory to the Administrative Agent, the Borrower shall not permit the Guarantor to enter into or amend, modify or supplement any Equity Funding Arrangement (as such term is defined in the Guarantee) of the Guarantor that causes the Guarantor to become liable, or modifies the terms under which the Guarantor becomes liable, thereunder upon a downgrade of the Guarantor's credit rating by any credit rating agency which would result in such Equity Funding Arrangement or document evidencing Indebtedness to be materially more favorable to the lenders and/or investors or beneficiaries thereunder than the Guarantee is to the Lenders."

Related to Ratings Trigger

  • Ratings No “nationally recognized statistical rating organization” as such term is defined for purposes of Rule 436(g)(2) (i) has imposed (or has informed the Company that it is considering imposing) any condition (financial or otherwise) on the Company’s retaining any rating assigned to the Company or any securities of the Company or (ii) has indicated to the Company that it is considering any of the actions described in Section 7(c)(ii) hereof.

  • Rating The Notes can be issued without the requirement that they have any rating from a nationally recognized statistical rating organization.

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