Common use of Investment Grade Account Debtor Clause in Contracts

Investment Grade Account Debtor. any Account Debtor whose long-term issuer rating is BBB- (or then equivalent grade) or higher by S&P or Baa3 (or then equivalent grade) or higher by Moody’s. IRS: the United States Internal Revenue Service. Issuing Bank: each of Bank of America and Xxxxx Fargo Bank, National Association (including any Lending Office of the foregoing), or any replacement issuer therefor appointed pursuant to Section 2.2.4.

Investment Grade Account Debtor. any Account Debtor whose long-term issuer rating is BBB- (or then equivalent grade) or higher by S&P or Baa3 (or then equivalent grade) or higher by Moody’sXxxxx’x. IRS: the United States Internal Revenue Service. Issuing Bank: each of Bank of America and Xxxxx Fargo Bank, National Association (including any Lending Office of the foregoing), or any replacement issuer therefor appointed pursuant to Section 2.2.4.. ​

Investment Grade Account Debtor. any Account Debtor whose long-long term issuer rating is BBB- (or then equivalent grade) or higher by S&P or Baa3 (or then equivalent grade) or higher by Moody’s. IRS: the United States Internal Revenue Service. Issuing Bank: each of Bank of America and Xxxxx Fargo Bank, National Association (including any Lending Office of the foregoing), or any replacement issuer therefor appointed pursuant to Section 2.2.4.IP