Common use of Minimum Rating Clause in Contracts

Minimum Rating. The Company shall have achieved a corporate rating of BB+ or better from Standard & Poor's and Ba1or better from ▇▇▇▇▇'▇, such rating shall then be in effect and no downgrading shall have occurred in such rating by either of such rating agencies.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Southern States Capital Trust I), Revolving Credit Agreement (Southern States Cooperative Inc)