Common use of Downgrade of Performance Guarantor Clause in Contracts

Downgrade of Performance Guarantor. Any downgrade in the rating of any Debt of Performance Guarantor by S&P or Xxxxx’x, setting forth the Debt affected and the nature of such change.

Appears in 12 contracts

Samples: Credit Agreement (WestRock Co), Credit and Security Agreement (WestRock Co), Credit Agreement (WestRock Co)

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Downgrade of Performance Guarantor. Any downgrade in the rating of any Debt Indebtedness of Performance Guarantor by S&P S&P, or Xxxxx’x, by Xxxxx’x setting forth the Debt Indebtedness affected and the nature of such change.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (RPM International Inc/De/), Receivables Purchase Agreement (RPM International Inc/De/), Receivables Purchase Agreement (RPM International Inc/De/)

Downgrade of Performance Guarantor. Any downgrade in the rating of any Debt Indebtedness of Performance Guarantor by S&P or Xxxxx’x, setting forth the Debt Indebtedness affected and the nature of such change.

Appears in 1 contract

Samples: Credit and Security Agreement (Mohawk Industries Inc)

Downgrade of Performance Guarantor. Any downgrade in the rating of any Debt Indebtedness of Performance Guarantor by S&P or Xxxxx’xMxxxx’x, setting forth the Debt Indebtedness affected and the nature of such change.

Appears in 1 contract

Samples: Credit and Security Agreement (Louisiana Pacific Corp)

Downgrade of Performance Guarantor. Any downgrade in the rating of any Debt Indebtedness of Performance Guarantor by S&P or Xxxxx’x, setting forth the Debt Indebtedness affected and the nature of such changechange or any instruction by the Performance Guarantor to Xxxxx’x or S&P not to provide a rating for any Indebtedness of Performance Guarantor.

Appears in 1 contract

Samples: Credit and Security Agreement (Mohawk Industries Inc)

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Downgrade of Performance Guarantor. Any downgrade in the rating of any Debt of Performance Guarantor by S&P or Xxxxx’xMoody’s, setting forth the Debt affected and the nature of such change.

Appears in 1 contract

Samples: Credit and Security Agreement (WestRock Co)

Downgrade of Performance Guarantor. Any downgrade in the rating of any Debt Indebtedness of Performance Guarantor by S&P or Xxxxx’xMxxxx'x, setting forth the Debt Indebtedness affected and the nature of such change.

Appears in 1 contract

Samples: Credit and Security Agreement (Mohawk Industries Inc)

Downgrade of Performance Guarantor. Any downgrade in the rating of any Debt of Performance Guarantor by S&P or Xxxxx’xMxxxx’x, setting forth the Debt affected and the nature of such change.

Appears in 1 contract

Samples: Credit and Security Agreement (Universal Health Services Inc)

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