Examples of Pricing Level VI in a sentence
If the Borrower has no Fitch Rating, no Xxxxx’x Rating and no S&P Rating, Pricing Level VI shall apply.
If the Borrower has not delivered its financial statements by the date such financial statements (and, in the case of the year-end financial statements, audit report) are required to be delivered under Section 5.1 hereof, until such financial statements and audit report are delivered, Pricing Level VI shall apply.
If no Rating exists, the applicable Pricing Level shall be based on Pricing Level VI until the earlier of (A) such time as S&P, Xxxxx’x and/or Fitch provides another Rating or (B) the Required Lenders have agreed to an alternative pricing grid or other method for determining Pricing Levels pursuant to an effective amendment to this Credit Agreement.