Examples of Qualified Rating in a sentence
If the Company shall at any time fail to have at least one Qualified Rating from either S&P or Xxxxx’x pursuant to the first sentence above, the Company shall immediately notify the Administrative Agent of such failure.
The recommendations from the energy audit will be incorporated into the work order and cost estimate so that the unit willmeet the minimum Energy Star Qualified Rating 4* Plus, which is the equivalent to a Home Energy Rating Certificate of 90-85.
The recommendations from the energy audit will be incorporated into the work order and cost estimate so that the unit will meet the minimum Energy Star Qualified Rating 4* Plus, which is the equivalent to a Home Energy Rating Certificate of 90-85.
If such rating changes or such Debt is no longer rated by a Qualified Rating Agency at any time, Credit Parties must notify Lenders within two (2) Business Days of such change, and the Margin shall be recalculated and shall be effective two (2) days after such change in ratings.
However, if the Borrower receives a BBB/Baa3 rating from a Qualified Rating Agency, then the Investments Covenant shall be increased to twenty percent (20%).