Common use of Maintenance of Ratings Clause in Contracts

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, in respect of the Nexstar Borrower and (b) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x.

Appears in 5 contracts

Samples: Credit Agreement (Nexstar Media Group, Inc.), Credit Agreement (Nexstar Media Group, Inc.), Credit Agreement (Nexstar Media Group, Inc.)

AutoNDA by SimpleDocs

Maintenance of Ratings. Use At all times, use commercially reasonable efforts to maintain (a) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case with respect to Parent, and use commercially reasonable efforts to cause each of Term Loan A Facility and Term Loan B Facility to be continuously rated by S&P and Xxxxx’x (it being understood that, in each case, in respect of the Nexstar Borrower and (b) a public rating (but not any there shall be no obligation to maintain specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans ratings from either S&P or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x).

Appears in 4 contracts

Samples: Credit Agreement (Herbalife Ltd.), Credit Agreement (Herbalife Nutrition Ltd.), Credit Agreement (Herbalife Ltd.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Parent Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting the Term B Loans or Third Amendment established on the Fourth Restatement Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x.

Appears in 4 contracts

Samples: Credit Agreement (Iqvia Holdings Inc.), Credit Agreement (Iqvia Holdings Inc.), Credit Agreement (Iqvia Holdings Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a1) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (b2) a public rating (but not any specific rating) in respect of Second Amendment Effective the Term Facility as of the Closing Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x.

Appears in 4 contracts

Samples: Credit Agreement (Superior Industries International Inc), Credit Agreement (Superior Industries International Inc), Credit Agreement (Superior Industries International Inc)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective each Facility as of the Closing Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x.

Appears in 4 contracts

Samples: Credit Agreement (American Tire Distributors Holdings, Inc.), Credit Agreement (American Tire Distributors Holdings, Inc.), Credit Agreement (ATD Corp)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any a specific rating) from S&P and a public corporate family rating (but not any a specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any a specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B the Loans from each of S&P and Xxxxx’x.

Appears in 3 contracts

Samples: Term Loan Credit Agreement (GFL Environmental Holdings Inc.), Credit Agreement (GFL Environmental Holdings Inc.), Assignment and Assumption (GFL Environmental Holdings Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans the Revolving Credit Facilities from each of S&P and Xxxxx’x.

Appears in 3 contracts

Samples: Credit Agreement (APX Group Holdings, Inc.), Credit Agreement (APX Group Holdings, Inc.), Credit Agreement (Vivint Smart Home, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date the Initial Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans and the Revolving Credit Facility from each of S&P and Xxxxx’x.

Appears in 3 contracts

Samples: Credit Agreement (Signify Health, Inc.), Credit Agreement (Blucora, Inc.), Assignment and Assumption (Signify Health, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date each Class of Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans and the Revolving Credit Facility from each of S&P and Xxxxx’x, unless a given Class has waived the requirement to maintain any rating for such Class at the time of establishment thereof pursuant to the applicable Loan Documents.

Appears in 3 contracts

Samples: Credit Agreement (Jason Industries, Inc.), Credit Agreement (Global Eagle Entertainment Inc.), Credit Agreement (Jason Industries, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Parent Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting the Term B Loans or Third Amendment established on the Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x.

Appears in 3 contracts

Samples: Assignment and Assumption (Quintiles IMS Holdings, Inc.), Assignment and Assumption (Quintiles IMS Holdings, Inc.), Credit Agreement (Quintiles IMS Holdings, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans the Facilities from each of S&P and Xxxxx’x.

Appears in 3 contracts

Samples: Credit Agreement (APX Group Holdings, Inc.), Credit Agreement (BioArray Solutions LTD), Credit Agreement (Vivint Smart Home, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Representative, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective each Facility as of the Closing Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x.

Appears in 3 contracts

Samples: Syndicated Facility Agreement (DTZ Jersey Holdings LTD), Syndicated Facility Agreement (DTZ Jersey Holdings LTD), Syndicated Facility Agreement (DTZ Jersey Holdings LTD)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date the Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x.

Appears in 3 contracts

Samples: Credit Agreement (Playa Hotels & Resorts N.V.), Credit Agreement (Playa Hotels & Resorts N.V.), Credit Agreement (Playa Hotels & Resorts N.V.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans the Revolving Credit Facility from each of S&P and Xxxxx’x.

Appears in 2 contracts

Samples: Abl Credit Agreement (Prestige Brands Holdings, Inc.), Credit Agreement (APX Group Holdings, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a) a public corporate credit rating (but not any specific rating) from S&P and a or public corporate family rating (but not rating, as applicable, from any specific rating) from Xxxxx’xtwo of S&P, Xxxxx’x and Fitch, in each case, in respect of the Nexstar Borrower (but not a specific rating), and (b) a public rating in respect of the Initial Term Loans from any two of S&P, Xxxxx’x and Fitch (but not any a specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x).

Appears in 2 contracts

Samples: First Lien Credit Agreement (WCG Clinical, Inc.), First Lien Credit Agreement (WCG Clinical, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any a specific rating) from S&P and a public corporate family rating (but not any a specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any a specific rating) in respect of Second Amendment Effective Date the Initial Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x.

Appears in 2 contracts

Samples: Security Agreement (M/a-Com Technology Solutions Holdings, Inc.), Superpriority Credit Agreement (Casa Systems Inc)

Maintenance of Ratings. Use The Borrower shall use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific particular rating) from S&P and a public corporate family rating (but not any specific particular rating) from Xxxxx’xMxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific particular rating) in respect of Second Amendment Effective Date the Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans made available under this Agreement from each of S&P and Xxxxx’xMxxxx’x.

Appears in 2 contracts

Samples: Credit Agreement (E2open Parent Holdings, Inc.), Credit Agreement (E2open Parent Holdings, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a1) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower or the Public Parent, and (b2) a public rating (but not any specific rating) in respect of Second Amendment Effective the Closing Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x.

Appears in 2 contracts

Samples: Credit Agreement (GreenSky, Inc.), Credit Agreement (GreenSky, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date each Class of Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x, unless a given Class has waived the requirement to maintain any rating for such Class at the time of establishment thereof pursuant to the applicable Loan Documents.

Appears in 2 contracts

Samples: Credit Agreement (Jason Industries, Inc.), Credit Agreement (Jason Industries, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any a specific rating) from S&P and a public corporate family rating (but not any a specific rating) from Xxxxx’xMoody’s, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any a specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B the Loans from each of S&P and Xxxxx’xMoody’s.

Appears in 2 contracts

Samples: Credit Agreement (GFL Environmental Inc.), Term Loan Credit Agreement (GFL Environmental Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B the Loans from each of S&P and Xxxxx’x.

Appears in 2 contracts

Samples: Credit Agreement (Holley Inc.), Credit Agreement (Holley Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower and (b) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’xBorrower.

Appears in 2 contracts

Samples: Credit Agreement (Prestige Brands Holdings, Inc.), Credit Agreement

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a1) a public corporate credit rating or public corporate family rating, as applicable (but not any specific rating) ), from S&P any two of S&P, Xxxxx’x and a public corporate family rating (but not any specific rating) from Xxxxx’xFitch, in each case, case in respect of the Nexstar Borrower Borrower, and (b2) a public rating (but not any specific rating) in respect of Second Amendment Effective each Term Facility as of the Closing Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each any two of S&P S&P, Xxxxx’x and Xxxxx’xFitch.

Appears in 2 contracts

Samples: Credit Agreement (Life Time Group Holdings, Inc.), Credit Agreement (Life Time Group Holdings, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans the Revolving Credit Facility from each of S&P and Xxxxx’x.. Section 6.16

Appears in 1 contract

Samples: Abl Credit Agreement (Prestige Consumer Healthcare Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a1) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (b2) a public rating (but not any specific rating) in respect of Second each Term Facility comprising the Term B Loans as of the ClosingSecond Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: First Lien Credit Agreement (McAfee Corp.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a1) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (b2) a public rating (but not any specific rating) in respect of Second each Term Facility comprising the Term B Loans as of the SecondThird Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: First Lien Credit Agreement (McAfee Corp.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date the Term B-3 Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans and the Initial Revolving Credit Commitments from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: First Lien Credit Agreement (Portillo's Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a1) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (b2) a public rating (but not any specific rating) in respect of Second Amendment Effective Date each Term Loans constituting Facility comprising the Term B Loans or as of the Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: First Lien Credit Agreement (McAfee Corp.)

Maintenance of Ratings. Use The Company will use commercially reasonable efforts to maintain (a) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, in respect of the Nexstar Borrower Xxxxx’x and (b) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting the Term B Loans or Third Amendment Effective Date Term Loans constituting Facility and the Term B Loans Commitments from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (MULTI COLOR Corp)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any a specific rating) from S&P and a public corporate family rating (but not any a specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower and Borrower, (bii) a public rating (but not any a specific rating) in respect of Second Amendment Effective Date the Initial Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’xXxxxx’x and (iii) a public rating (but not a specific rating) in respect of the Revolving Credit Commitments from S&P).

Appears in 1 contract

Samples: Security Agreement (Casa Systems Inc)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Parent Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting the Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans and the Revolving Credit FacilityFacilities from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (Change Healthcare Holdings, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, in respect of the Nexstar Borrower and (b) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third First Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (Nexstar Media Group, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a1) a public corporate credit rating or public corporate family rating, as applicable (but not any specific rating) ), from any two of S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xfrom, Xxxxx’x and Fitch, in each case, case in respect of the Nexstar Borrower Borrower, and (b2) a public rating (but not any specific rating) in respect of Second Amendment Effective each Term Facility as of the Closing Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each eachany two of S&P and, Xxxxx’x and Xxxxx’xFitch.

Appears in 1 contract

Samples: Credit Agreement (Life Time Group Holdings, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B the InitialTerm B-3 Loans from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Portillo's Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, in respect of the Nexstar Borrower and (b) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Closing Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (Nexstar Media Group, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date the Initial Term Loans, the 2020 Incremental Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans and the Revolving Credit Facility from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (Signify Health, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Parent Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting the Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans and the Revolving Credit Facility from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (TC3 Health, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xMoody’s, in each case, in respect of the Nexstar Borrower and (b) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’xMoody’s.

Appears in 1 contract

Samples: Credit Agreement (Nexstar Media Group, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a1) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrowers, and (b2) a public rating (but not any specific rating) in respect of Second Amendment Effective each Term Facility as of the Closing Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (Chobani Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower (or, alternatively, any direct or indirect parent thereof), and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B the Initial Loans from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (Mattress Firm Holding Corp.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a1) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xS&P, in each case, case in respect of the Nexstar Borrower Borrower, and (b2) a public rating (but not any specific rating) in respect of Second Amendment Effective the Closing Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans Loan from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (Cushman & Wakefield PLC)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting the Term B Loans from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Prestige Brands Holdings, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date the Term B-i Loans constituting and Term B Loans or Third Amendment Effective Date Term Loans constituting Term B B-2 Loans from each of S&P and Xxxxx’x. ARTICLE VII.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Prestige Brands Holdings, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from each of S&P and Xxxxx’x, in each case, case in respect of the Nexstar Borrower and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’xXxxxx’x with respect to the “2021 New Term Loans”.

Appears in 1 contract

Samples: Credit Agreement (Surgery Partners, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Parent Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting the Term B Loans from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: Security Agreement (Par Pharmacuetical, Inc.)

AutoNDA by SimpleDocs

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a) at all times a public credit rating by each of S&P and Xxxxx’x in respect of the Term B-2 Loans and a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating by Xxxxx’x for the Borrower (but not it being understood that there shall be no requirement to maintain any specific credit rating) from Xxxxx’x, in each case, in respect of the Nexstar Borrower and (b) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x).

Appears in 1 contract

Samples: Credit Agreement (Cincinnati Bell Inc)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a monitored public corporate credit rating (but not any specific rating) from S&P and a monitored public corporate family rating (but not a specific rating of any specific ratinglevel) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not a specific rating of any specific ratinglevel) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting the Term B Loans from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: Assignment and Assumption (Headwaters Inc)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a1) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xS&P, in each case, case in respect of the Nexstar Borrower Borrower, and (b2) a public rating (but not any specific rating) in respect of Second Amendment Effective Date the Closing DateReplacement Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans LoanLoans from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (Cushman & Wakefield PLC)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date the Initial Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans and the Revolving Credit Facility from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (Signify Health, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a1) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xMxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (b2) a public rating (but not any specific rating) in respect of Second Amendment Effective the Term Facility as of the Closing Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’xMxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (Superior Industries International Inc)

Maintenance of Ratings. Use The Borrowers will use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower MVWC, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date the Initial Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans Facility from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: Security Agreement (MARRIOTT VACATIONS WORLDWIDE Corp)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xMoody’s, in each case, in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date each Class of Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’xMoody’s, unless a given Class has waived the requirement to maintain any rating for such Class pursuant to the applicable Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Ping Identity Holding Corp.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a) a public corporate credit rating (but not any specific rating) from S&P and a or public corporate family rating (but not rating, as applicable, from any specific rating) from Xxxxx’xtwo of S&P, Xxxxx’x and Fitch, in each case, in respect of the Nexstar Borrower Parent (but not a specific rating), and (b) a public rating in respect of any of the Existing Senior Secured Notes or the Existing Term Loan Facility (or if none of such facilities have a public rating, the Initial Term Loans) from any two of S&P, Xxxxx’x and Fitch (but not any a specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x).

Appears in 1 contract

Samples: Term Loan Credit Agreement (Domtar CORP)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xMxxxx’x, in each case, in respect of the Nexstar Borrower and (b) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’xMxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (Nexstar Media Group, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xMxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date the Initial Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans and the Revolving Credit Facility from each of S&P and Xxxxx’x.Mxxxx’x. 107

Appears in 1 contract

Samples: Credit Agreement (Blucora, Inc.)

Maintenance of Ratings. Use The Loan Parties shall use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific particular rating) from S&P and a public corporate family rating (but not any specific particular rating) from Xxxxx’xMxxxx’x, in each case, case in respect of the Nexstar Borrower or Holdings and (bii) a public rating (but not any specific particular rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B the Loans from each of S&P and Xxxxx’xMxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (Hovnanian Enterprises Inc)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting the Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans and the Initial Revolving Credit Commitments from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: First Lien Credit Agreement (Portillo's Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a1) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (b2) a public rating (but not any specific rating) in respect of Second Amendment Effective each Facility as of the Closing Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: Second Lien Credit Agreement (McAfee Corp.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a) a public corporate credit rating (but not any specific rating) from S&P and a or public corporate family rating (but not any specific rating) , as applicable, from Xxxxx’xXxxxx’x and either S&P or Fitch, in each case, in respect of the Nexstar Borrower (but not a specific rating), and (b) a public rating in respect of the Initial Term Loans from Xxxxx’x and either S&P or Fitch (but not any a specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x).

Appears in 1 contract

Samples: First Lien Credit Agreement (Petco Health & Wellness Company, Inc.)

Maintenance of Ratings. Use At all times, use commercially reasonable efforts to maintain (a) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating from 143 US-DOCS\73723759.13 Mxxxx’x, in each case with respect to Parent, and use commercially reasonable efforts to cause the Term Loan Facility to be continuously rated by S&P and Mxxxx’x (but not any specific rating) from Xxxxx’xit being understood that, in each case, in respect of the Nexstar Borrower and (b) a public rating (but not any there shall be no obligation to maintain specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans ratings from either S&P or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’xMxxxx’x).

Appears in 1 contract

Samples: Credit Agreement (Herbalife Ltd.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Holdings, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date the Initial Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans and the Revolving Credit Facility from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (Blucora, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xMxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date the Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B B-45 Loans from each of S&P and Xxxxx’xMxxxx’x.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Prestige Consumer Healthcare Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date each Class of Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans and each Revolving Credit Facility from each of S&P and Xxxxx’x, unless a given Class has waived the requirement to maintain any rating for such Class at the time of establishment thereof pursuant to the applicable Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Jason Industries, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xMxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date the Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’xMxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (Playa Hotels & Resorts N.V.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from each of S&P and Xxxxx’x, in each case, case in respect of the Nexstar Borrower and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’xXxxxx’x with respect to the “Initial Term Loans” and the “2020 Incremental Term Loans”.

Appears in 1 contract

Samples: Credit Agreement (Surgery Partners, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xMxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans the Revolving Credit Facility from each of S&P and Xxxxx’xMxxxx’x.

Appears in 1 contract

Samples: Abl Credit Agreement (Prestige Brands Holdings, Inc.)

Maintenance of Ratings. Use The Borrower will use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower (or, its applicable public parent entity), and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date each of the Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans Facility from each of S&P and Xxxxx’x.. 128

Appears in 1 contract

Samples: Credit Agreement (Clear Channel Outdoor Holdings, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a) a public corporate credit rating (but not any specific or public corporate family rating) , as applicable, from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xMxxxx’x, in each case, in respect of the Nexstar Borrower (but not a specific rating), and (b) a public rating in respect of the 2023 Term Loans from S&P and Mxxxx’x (but not any a specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x).

Appears in 1 contract

Samples: Credit Agreement (Rite Aid Corp)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xeach of S&P and Mxxxx’x, in each case, case in respect of the Nexstar Borrower and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’xMxxxx’x with respect to the “Initial Term Loans” and the “2020 Incremental2021 New Term Loans”.

Appears in 1 contract

Samples: Credit Agreement (Surgery Partners, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B the Initial Loans from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Portillo's Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a1) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (b2) a public rating (but not any specific rating) in respect of Second Amendment Effective each Term Facility as of the Closing Date Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans from each of S&P and Xxxxx’x.. Section 6.16

Appears in 1 contract

Samples: Credit Agreement (Torrid Holdings Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xMxxxx’x, in each case, case in respect of the Nexstar Borrower Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date the Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B B-34 Loans from each of S&P and Xxxxx’xMxxxx’x.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Prestige Brands Holdings, Inc.)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (a1) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’xMoody’s, in each case, case in respect of the Nexstar Borrower Borrower, and (b2) as soon as reasonably practicable after the Closing Date, a public rating (but not any specific rating) in respect of Second Amendment Effective Date the Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B Loans Facility from each of S&P and Xxxxx’xMoody’s.

Appears in 1 contract

Samples: Credit Agreement (Superior Industries International Inc)

Maintenance of Ratings. Use commercially reasonable efforts to maintain (ai) a public corporate credit rating (but not any specific rating) from S&P and a public corporate family rating (but not any specific rating) from Xxxxx’x, in each case, case in respect of the Nexstar Borrower Parent Borrower, and (bii) a public rating (but not any specific rating) in respect of Second Amendment Effective Date the Term Loans constituting Term B Loans or Third Amendment Effective Date Term Loans constituting Term B B-1 Loans from each of S&P and Xxxxx’x.

Appears in 1 contract

Samples: Credit Agreement (Par Pharmacuetical, Inc.)

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