Common use of Downgrade of Performance Guarantor Clause in Contracts

Downgrade of Performance Guarantor. Any downgrade in the ---------------------------------- rating of any Indebtedness of Performance Guarantor by Standard & Poor's Ratings Group or by Xxxxx'x Investors Service, Inc., setting forth the Indebtedness affected and the nature of such change.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Owens & Minor Inc/Va/)

AutoNDA by SimpleDocs

Downgrade of Performance Guarantor. Any downgrade in the ---------------------------------- rating of any Indebtedness of Performance Guarantor by Standard & Poor's Ratings Group ’s, a division of The MxXxxx-Xxxx Companies, Inc., or by Xxxxx'x Mxxxx’x Investors Service, Inc., setting forth the Indebtedness affected and the nature of such change.

Appears in 1 contract

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

Downgrade of Performance Guarantor. Any downgrade in the ---------------------------------- rating of any Indebtedness of Performance Guarantor by Standard & and Poor's ’s Ratings Group Services or by Xxxxx'x Xxxxx’x Investors Service, Inc., setting forth the Indebtedness affected and the nature of such change.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Tenneco Inc)

AutoNDA by SimpleDocs

Downgrade of Performance Guarantor. Any downgrade ---------------------------------- in the ---------------------------------- rating of any Indebtedness of Performance Guarantor by Standard & Poor's Ratings Group S&P or by Xxxxx'x Investors Service, Inc.Xxxxx'x, setting forth the Indebtedness affected and the nature of such change.

Appears in 1 contract

Samples: Credit and Security Agreement (Mohawk Industries Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.