Downgrade of Performance Guarantor. Any downgrade in the rating of any Indebtedness of Performance Guarantor by S&P or Xxxxx'x, setting forth the Indebtedness affected and the nature of such change.
Appears in 3 contracts
Samples: Credit and Security Agreement (International Paper Co /New/), Credit and Security Agreement (Spherion Corp), Credit and Security Agreement (Spherion Corp)
Downgrade of Performance Guarantor. Any downgrade in the rating of any Indebtedness of Performance Guarantor by S&P or Xxxxx'x, setting forth the Indebtedness affected and the nature of such changechange (but excluding any private indicative ratings that the Performance Guarantor may request from time to time from Xxxxx'x or S&P).
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