No Ratings Downgrade. On or after the Applicable Time, (i) no downgrading shall have occurred in the rating accorded the Company’s debt securities or preferred stock by any “nationally recognized statistical rating organization,” as that term is defined by the Commission for purposes of Section 3(a)(62) under the Exchange Act, and (ii) no such organization shall have publicly announced that it has under surveillance or review, with possible negative implications, its rating of any of the Company’s debt securities or preferred stock.
No Ratings Downgrade. Subsequent to the Applicable Time, there shall not have been any downgrading, nor shall any notice have been given of any intended or potential downgrading or of any review for a possible change that does not indicate the direction of the possible change, in the rating accorded any of the Company’s securities by any “nationally recognized statistical rating organization”, as such term is defined for purposes of Section 3(a)(62) of the Exchange Act.
No Ratings Downgrade. Except as disclosed in the Prospectus and the Registration Statement, the Company has no knowledge of any threatened or pending downgrading of any of its or its subsidiaries’ financial strength rating by Standard & Poor’s Rating Services, Xxxxx’x Investor Service and A.M. Best Company Inc., the only “nationally recognized statistical rating organizations,” as such term is defined for purposes of Rule 463(g)(2) under the 1933 Act which currently has publicly released a rating of the financial strength of the Company or any of its subsidiaries.
No Ratings Downgrade. Subsequent to the execution and delivery of this Agreement and at the Closing Time, there shall not have occurred any downgrading, nor shall any notice or announcement have been given or made of (i) any intended or potential downgrading or (ii) any review or possible change that does not indicate an improvement, in the rating accorded any securities of or guaranteed by the Company by any NRSRO.
No Ratings Downgrade there has been no downgrading, nor any notice to the Issuer or the Guarantor of any intended downgrading, in the rating accorded to the Guarantor’s short-term or long-term debt by Standard & Poor’s Ratings Services, a division of the XxXxxx-Xxxx Companies Inc., and Xxxxx’x Investors Service, Inc., or any other rating agency which has issued a rating in connection with the Guarantor or any security of the Guarantor;
No Ratings Downgrade. There shall not have been any announcement by any “nationally recognized statistical rating organization,” as defined for purposes of Rule 436(g) under the 1933 Act, that (i) it is downgrading its rating assigned to any class of securities of any Ventas Entity or (ii) it is reviewing its ratings assigned to any class of securities of any Ventas Entity with a view to possible downgrading, or with negative implications, or direction not determined.
No Ratings Downgrade. Between the Applicable Time and the Closing Time, there shall not have been any decrease in the rating of any debt incurred by the Company or any Subsidiary by any “nationally recognized statistical rating organization” (as defined in Section 3(a)(62) of the Exchange Act), or any notice given of any intended or potential decrease in any such rating or of a possible change in any such rating that does not indicate the direction of the possible change, and no such organization shall have publicly announced it has under surveillance or review any such rating.
No Ratings Downgrade. During the period from the Execution Time to and including the Closing Date, (i) there shall not have occurred a downgrading in the rating assigned to the Securities or any of the Company’s debt securities or commercial paper by any “nationally recognized statistical rating agency,” as that term is defined by the Commission in Section 3(a)(62) of the Exchange Act, and (ii) no such securities rating agency shall
No Ratings Downgrade. Except as disclosed in the Time of Sale Prospectus, the Company has no knowledge of any threatened or pending downgrading of any of its or its subsidiaries’ financial strength rating by Standard & Poor’s Ratings Services, a Standard & Poor’s Financial Services LLC business, Xxxxx’x Investors Service Inc. and A.M. Best Company Inc., each of which are “nationally recognized statistical rating organizations,” as such term is defined in Section 3(a)(62) under the Exchange Act that currently have publicly released a rating of the financial strength of the Company and its subsidiaries.
No Ratings Downgrade. Except as disclosed in the Pricing Prospectus and the Prospectus, the Company has no knowledge of any threatened or pending downgrade of any of its or its subsidiaries’ financial strength rating by A.M. Best Company Inc. (“A.M. Best”), which currently has publicly released a financial strength rating of A- (Excellent).
