Minimum Ratings Clause Samples
Minimum Ratings. The Borrower shall ensure that its long term issuer credit rating, as determined by A.M. Best Company, Inc., is not less than bbb.
Minimum Ratings. The Borrower's 8% Senior Notes due 2009 shall be rated at least Ba3 by Moody's and at least BB- by S&P and neither Moody's (only if suc▇ ▇▇tes are rated Ba3) nor S&P (only if such notes are rated BB-) shall have publicly announced that it has such notes under surveillance or review with possible negative implications.
Minimum Ratings. The Borrower shall have obtained a rating for the Facilities of at least B1 from ▇▇▇▇▇'▇ and at least B+ from S&P.
Minimum Ratings. The Company shall at all times maintain a Mood▇'▇ ▇▇▇ing of not less than Baa2 and an S&P Rating of not less than BBB.
Minimum Ratings. On or prior to the Initial Borrowing Date, the Borrower shall have received a prospective senior secured credit rating of not less than BB- from S&P and not less than Ba3 from M▇▇▇▇’▇, and such ratings shall be in effect on the Initial Borrowing Date.
Minimum Ratings. The Guarantor shall at all times maintain a Mood▇'▇ ▇▇▇ing of not less than A3 and an S&P Rating of not less than A-.