Common use of Credit Ratings Clause in Contracts

Credit Ratings. The Borrowers shall use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’x, in each case, with respect to Lead Borrower, and a credit rating from S&P and Xxxxx’x with respect to the Indebtedness incurred pursuant to this Agreement, in all cases, but not a specific rating.

Appears in 7 contracts

Samples: Credit Agreement (VERRA MOBILITY Corp), Credit Agreement (VERRA MOBILITY Corp), And Restatement Agreement (VERRA MOBILITY Corp)

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Credit Ratings. The Borrowers Borrower shall use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’x, in each case, with respect to Lead the Borrower, and a credit rating from S&P and Xxxxx’x with respect to the Indebtedness incurred pursuant to this Agreement, in all cases, but not a specific rating.

Appears in 7 contracts

Samples: Term Loan Credit Agreement (Vertiv Holdings Co), Term Loan Credit Agreement (Vertiv Holdings Co), Intercreditor Agreement (Vertiv Holdings Co)

Credit Ratings. The Borrowers Lead Borrower shall use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’x, in each case, with respect to the Lead Borrower, and a credit rating from S&P and Xxxxx’x with respect to the Indebtedness incurred pursuant to this Agreement, in all cases, but not a specific rating.

Appears in 7 contracts

Samples: Second Lien Term Loan Credit Agreement (PAE Inc), First Lien Term Loan Credit Agreement (PAE Inc), First Lien Term Loan Credit Agreement (PAE Inc)

Credit Ratings. The Borrowers shall use Use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’x, in each case, with respect to Lead Borrower, and a credit rating from S&P and Xxxxx’x with respect to the Indebtedness incurred pursuant to this AgreementBorrower but not, in all casesany such case, but not a specific rating.

Appears in 5 contracts

Samples: Lender Joinder Agreement (Revlon Consumer Products Corp), Credit Agreement (Revlon Consumer Products Corp), Credit Agreement (Revlon Inc /De/)

Credit Ratings. The Borrowers After acquiring the following credit ratings from S&P and Xxxxx’x as required by Section 9.13, the Borrower shall use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’x, in each case, with respect to Lead the Borrower, and a credit rating from S&P and Xxxxx’x with respect to the Indebtedness incurred pursuant to this Agreement, in all cases, but not a specific rating.

Appears in 3 contracts

Samples: Patent Security Agreement, Security Agreement (OCI Partners LP), Credit Agreement (OCI Partners LP)

Credit Ratings. The Borrowers shall Holdings will use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from in Xxxxx’x, in each case, with respect to Lead Borrowerthe Credit Agreement Parties, and a credit rating from by S&P and Xxxxx’x with respect to the Indebtedness incurred pursuant to this Agreement, in all cases, but not a specific ratingAgreement and with respect to the Senior Notes.

Appears in 3 contracts

Samples: Credit Agreement (Bway Parent Company, Inc.), Credit Agreement (Phoenix Container, Inc.), Credit Agreement (BWAY Holding CO)

Credit Ratings. The Borrowers Borrower shall use commercially reasonable efforts to maintain (i)(x) a corporate family rating from Xxxxx’x and (y) a corporate credit rating from S&P and a corporate family rating from Xxxxx’xand/or Fitch, in each case, with respect to Lead the Borrower, and (y)(i) a credit rating from Xxxxx’x and (y) a credit rating from S&P and Xxxxx’x and/or Fitch, in each case, with respect to the Indebtedness Initial Term Loans incurred pursuant to this Agreement, in all cases, but not a specific rating.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (OCI Partners LP)

Credit Ratings. The Borrowers shall use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’xMoody’s, in each case, with respect to Lead Borrower, and a credit rating from S&P and Xxxxx’x Moody’s with respect to the Indebtedness incurred pursuant to this Agreement, in all cases, but not a specific rating.

Appears in 2 contracts

Samples: Credit Agreement (VERRA MOBILITY Corp), Credit Agreement (VERRA MOBILITY Corp)

Credit Ratings. The Borrowers shall will use commercially reasonable efforts to cause the credit facilities made available under this Agreement to be continuously rated by S&P and Xxxxx’x, and to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’xXxxxx’x (but, in each case, with respect to Lead Borrower, and a credit rating from S&P and Xxxxx’x with respect to the Indebtedness incurred pursuant to this Agreement, in all cases, but not a specific rating), in each case in respect of each Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Allegion PLC), Credit Agreement (Allegion PLC)

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Credit Ratings. The Borrowers shall use Use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’x, in each case, with respect to Lead the Borrower, and a credit rating from S&P and Xxxxx’x with respect to the Indebtedness incurred pursuant to this AgreementInitial2016 Term BFacility and the 2020 Extended Term Facility, but not, in all casesany such case, but not a specific rating.

Appears in 1 contract

Samples: Credit Agreement (Revlon Inc /De/)

Credit Ratings. The Borrowers Holdings shall use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’x, in each case, with respect to Lead BorrowerHoldings, and a credit rating from S&P and Xxxxx’x with respect to the Indebtedness Term B-12 Loans incurred pursuant to this Agreement, in all cases, but not a specific rating.

Appears in 1 contract

Samples: Credit Agreement (Iridium Communications Inc.)

Credit Ratings. The Borrowers Lead Borrower shall use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’x, in each case, with respect to Lead Borrowerthe Borrowers, and a credit rating from S&P and Xxxxx’x with respect to the Indebtedness incurred pursuant to this Agreement, in all cases, but not a specific rating.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Bway Intermediate Company, Inc.)

Credit Ratings. The Borrowers shall use Use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’x, in each case, with respect to Lead the Borrower, and a credit rating from S&P and Xxxxx’x with respect to the Indebtedness incurred pursuant to this AgreementInitial Term B Facility, but not, in all casesany such case, but not a specific rating.

Appears in 1 contract

Samples: Term Credit Agreement (Revlon Inc /De/)

Credit Ratings. The Borrowers shall use 161 Use commercially reasonable efforts to maintain a corporate credit rating from S&P and a corporate family rating from Xxxxx’x, in each case, with respect to Lead Borrower, and a credit rating from S&P and Xxxxx’x with respect to the Indebtedness incurred pursuant to this AgreementBorrower but not, in all casesany such case, but not a specific rating.

Appears in 1 contract

Samples: Existing Credit Agreement (Revlon Consumer Products Corp)

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