Common use of Credit Ratings Clause in Contracts

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x in respect of the Term Facility and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the Borrower, in each case with no requirement to maintain any specific minimum rating.

Appears in 14 contracts

Samples: Merger Agreement (PET Acquisition LLC), Second Amendment Agreement (PET Acquisition LLC), First Amendment Agreement (PET Acquisition LLC)

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Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x in respect of the Term Facility provided for under this Agreement and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the Borrower, in each case with Company (it being understood that there shall be no requirement to maintain any specific minimum credit rating).

Appears in 6 contracts

Samples: Credit Agreement (Navios South American Logistics Inc.), Credit Agreement (Navios Maritime Partners L.P.), Credit Agreement

Credit Ratings. Use At all times use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x in respect of the Term Facility and (b) a public corporate credit rating by from S&P and a public corporate family rating by Xxxxx’x for the Borrowerfrom Xxxxx’x, in each case with no requirement to maintain any specific minimum ratingin respect of the Company.

Appears in 6 contracts

Samples: Credit Agreement (Centene Corp), Credit Agreement (Centene Corp), Credit Agreement (Centene Corp)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x in respect of the Term Facility Facilities provided for under this Agreement and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the Borrower, in each case with Borrower (it being understood that there shall be no requirement to maintain any specific minimum credit rating).

Appears in 5 contracts

Samples: Credit and Guaranty Agreement (Ancestry.com LLC), Credit and Guaranty Agreement (Ancestry.com LLC), Credit and Guaranty Agreement (Ancestry.com LLC)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x in respect of the Term Facility Facilities provided for under this Agreement and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the Borrower, in each case with Company Borrower (it being understood that there shall be no requirement to maintain any specific minimum credit rating).

Appears in 5 contracts

Samples: Credit Agreement (JELD-WEN Holding, Inc.), Credit Agreement (JELD-WEN Holding, Inc.), Credit Agreement (JELD-WEN Holding, Inc.)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x in respect of the Term Facility Facilities and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the Borrower, in each case case, with no requirement to maintain any specific minimum rating.. 6.18

Appears in 5 contracts

Samples: Credit Agreement (Tutor Perini Corp), Credit Agreement (Tutor Perini Corp), Credit Agreement (Tutor Perini Corp)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a1) a public credit rating by each of S&P and Xxxxx’x in respect of the Term Facility Loans and (b2) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the Borrower, in each case with no requirement to maintain any specific minimum rating.

Appears in 4 contracts

Samples: Credit Agreement (Amneal Pharmaceuticals, Inc.), Term Loan Credit Agreement (Amneal Pharmaceuticals, Inc.), Assignment and Acceptance (Amneal Pharmaceuticals, Inc.)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x in respect of the Term Facility Facilities provided for under this Agreement and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the BorrowerUK Holdco, in each case with Holdings or any Parent Holding Company (it being understood that there shall be no requirement to maintain any specific minimum credit rating).

Appears in 3 contracts

Samples: Credit Agreement (CLARIVATE PLC), Credit Agreement (CLARIVATE PLC), Credit Agreement (Clarivate Analytics PLC)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x in respect of the Term Facility and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the Borrower, in each case case, with no requirement to maintain any specific minimum rating.

Appears in 3 contracts

Samples: Credit Agreement (Smart & Final Stores, Inc.), Credit Agreement (Smart & Final Stores, Inc.), Assignment and Acceptance (Smart & Final Stores, Inc.)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x Mxxxx’x in respect of the Term Facility Facilities provided for under this Agreement and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x Mxxxx’x for the BorrowerUK Holdco, in each case with Holdings or any Parent Holding Company (it being understood that there shall be no requirement to maintain any specific minimum credit rating).

Appears in 3 contracts

Samples: Credit Agreement (CLARIVATE PLC), Credit Agreement (CLARIVATE PLC), Credit Agreement (Clarivate Analytics PLC)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x in respect of the Term Facility Facilities provided for under this Agreement and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the Borrower, in each case with no requirement to maintain any specific minimum ratingCompany.

Appears in 2 contracts

Samples: Credit Agreement (TMS International Corp.), Pledge and Security Agreement (TMS International Corp.)

Credit Ratings. Use The Borrowers shall use commercially reasonable efforts to maintain at all times (a) a public credit rating by of the Term Loans from each of S&P and Xxxxx’x in respect of the Term Facility and (b) a public corporate family rating by S&P from Xxxxx’x and a public corporate family credit rating by Xxxxx’x for the Borrowerfrom S&P, but, in each case with no requirement to maintain case, not any specific minimum ratingratings.

Appears in 2 contracts

Samples: Revolving Loan Credit Agreement (ConvergeOne Holdings, Inc.), Revolving Loan Credit Agreement (Forum Merger Corp)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x in respect of the Term Facility Facilities provided for under this Agreement and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the Borrower, in each case with Top Borrower or Holdings (it being understood that there shall be no requirement to maintain any specific minimum credit rating).

Appears in 2 contracts

Samples: Lien Credit Agreement (Powerschool Holdings, Inc.), Credit Agreement (Powerschool Holdings, Inc.)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x in respect of the Term Facility and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the BorrowerHoldings, in each case with no requirement to maintain any specific minimum rating.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Venator Materials PLC), Term Loan Credit Agreement (Venator Materials PLC)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x in respect of the Term Facility Facilities provided for under this Agreement and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the Borrower, in each case with Initial Borrower (it being understood that there shall be no requirement to maintain any specific minimum credit rating).

Appears in 2 contracts

Samples: Credit Agreement (Emerald Holding, Inc.), Credit Agreement (Emerald Expositions Events, Inc.)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x in respect of the Term Facility and (b) a public corporate credit rating by S&P and a public corporate family rating by Xxxxx’x for the Borrower, in each case with no requirement respect to maintain any specific minimum ratingHoldings.

Appears in 2 contracts

Samples: Credit Agreement (DFC Global Corp.), Credit Agreement (Dollar Financial Corp)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a1) a public credit rating by each of S&P and Xxxxx’x in respect of the Term Facility Loans and (b2) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the Borrower, in each case with no requirement to maintain any specific minimum rating. SECTION 5.12.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Amneal Pharmaceuticals, Inc.)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x the Rating Agencies in respect of the Initial Term Facility Loans and (b) the Incremental B-1 Term Loans and a public corporate rating by S&P and a public corporate family rating by Xxxxx’x Mxxxx’x for the Borrower, in each case case, with no requirement to maintain any specific minimum rating.

Appears in 1 contract

Samples: Credit Agreement (Floor & Decor Holdings, Inc.)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a public credit rating by of the Loans from each of S&P and Xxxxx’x in respect of the Term Facility and (b) a public corporate family rating by S&P from Xxxxx’x and a public corporate family credit rating by Xxxxx’x for the Borrowerfrom S&P, but, in each case with no requirement to maintain case, not any specific minimum ratingratings.

Appears in 1 contract

Samples: Term Loan Agreement (Green Plains Inc.)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x Mxxxx’x in respect of the Term Facility Facilities provided for under this Agreement and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x Mxxxx’x for the Borrower, in each case with Borrower (it being understood that there shall be no requirement to maintain any specific minimum credit rating).

Appears in 1 contract

Samples: Credit Agreement (Expo Event Holdco, Inc.)

Credit Ratings. Use At all times use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x in respect of the Term Facility and (b) a public corporate credit rating by from S&P and a public corporate family rating by Xxxxx’x for the Borrowerfrom Mxxxx’x, in each case with no requirement to maintain any specific minimum ratingin respect of the Company.

Appears in 1 contract

Samples: Assignment Agreement (Centene Corp)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x in respect of the Term Facility and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the Borrower, in each case case, with no requirement to maintain any specific minimum rating.. 100

Appears in 1 contract

Samples: Assignment and Acceptance (AZEK Co Inc.)

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Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x the Rating Agencies in respect of the Initial Term Facility Loans and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x Mxxxx’x for the Borrower, in each case case, with no requirement to maintain any specific minimum rating.

Appears in 1 contract

Samples: Credit Agreement (Floor & Decor Holdings, Inc.)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x the Rating Agencies in respect of the Initial Term Facility Loans and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the Borrower, in each case case, with no requirement to maintain any specific minimum rating.

Appears in 1 contract

Samples: Credit Agreement (FDO Holdings, Inc.)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x Mxxxx’x in respect of the Term Facility Facilities provided for under this Agreement and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the Borrower, in each case Mxxxx’x with no requirement respect to maintain any specific minimum ratingHoldings.

Appears in 1 contract

Samples: Credit Agreement (Dollar Financial Corp)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a public credit rating (but not a specific rating) by each of S&P and Xxxxx’x in respect of the Term Facility provided for under this Agreement and (b) a public corporate rating (but not a specific rating) by S&P and a public corporate family rating (but not a specific rating) by Xxxxx’x for the Borrower, in each case with no requirement to maintain any specific minimum ratingHoldings.

Appears in 1 contract

Samples: Joinder Agreement (Informatica Inc.)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x in respect of the Term Facility and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the Lead Borrower, in each case with no requirement to maintain any specific minimum rating.

Appears in 1 contract

Samples: Assignment and Acceptance (Neiman Marcus Group LTD LLC)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x in respect of the Term Facility Facilities provided for under this Agreement and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the Borrower, in each case with Company Borrower (it being understood that there shall be no requirement to maintain any specific minimum credit rating.). 5.11

Appears in 1 contract

Samples: Credit Agreement (JELD-WEN Holding, Inc.)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a public credit rating (but not a specific rating) by each of S&P and Xxxxx’x in respect of the Term Facility Facilities provided for under this Agreement and (b) a public corporate rating (but not a specific rating) by S&P and a public corporate family rating (but not a specific rating) by Xxxxx’x for the Borrower, in each case with no requirement to maintain any specific minimum ratingHoldings.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Informatica Inc.)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x in respect of the Term Facility Facilities provided for under this Agreement and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the Borrower, in each case with no requirement respect to maintain any specific minimum ratingHoldings.

Appears in 1 contract

Samples: Credit Agreement (Dollar Financial Corp)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x Moody’s in respect of the Term Facility Facilities and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x Moody’s for the Borrower, in each case case, with no requirement to maintain any specific minimum rating.. 6.18

Appears in 1 contract

Samples: Credit Agreement (Tutor Perini Corp)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x in respect of the Term Facility and (b) a public corporate rating by S&P and a or public corporate family rating rating, as applicable, by two of S&P, Xxxxx’x for the Borrowerand Fitch, in each case with no requirement to maintain any specific minimum ratingrating (it being understood and agreed that “commercially reasonable efforts” shall in any event include the payment by the Borrower of customary rating agency fees and reasonable cooperation with information and data requests by Xxxxx’x, S&P and Fitch, as applicable, in connection with their ratings process).

Appears in 1 contract

Samples: Credit Agreement (Infrastructure & Energy Alternatives, Inc.)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a public credit rating (but not a specific rating) by each of S&P and Xxxxx’x in respect of the Term Facility Facilities provided for under this Agreement and (b) a public corporate rating (but not a specific rating) by S&P and a public corporate family rating (but not a specific rating) by Xxxxx’x for the Borrower, in each case with no requirement to maintain any specific minimum rating.

Appears in 1 contract

Samples: Restatement Agreement (LEGALZOOM.COM, Inc.)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x Moody’s in respect of the Term Facility and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x Moody’s for the Borrower, in each case case, with no requirement to maintain any specific minimum rating.

Appears in 1 contract

Samples: Assignment and Acceptance (CPG Newco LLC)

Credit Ratings. Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and Xxxxx’x in respect of the Term Facility Facilities provided for under this Agreement and (b) a public corporate rating by S&P and a public corporate family rating by Xxxxx’x for the U.S. Borrower, in each case with no requirement to maintain any specific minimum rating.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (FTT Holdings, Inc.)

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