Common use of No Downgrading or Notice of Potential Downgrading Clause in Contracts

No Downgrading or Notice of Potential Downgrading. Any downgrading (or any notice of any intended or potential downgrading or of any review with possible negative implications) in the rating accorded any of the Company’s debt securities or preferred equity securities by any “nationally recognized statistical rating organization”, as such term is defined in Section 3(a)(62) of the Exchange Act.

No Downgrading or Notice of Potential Downgrading. Any downgrading (or any notice of any intended or potential downgrading or of any review with possible negative implications) in the rating accorded any of the Company’s debt securities or preferred equity securities by any “nationally recognized statistical rating organization”, as such term is defined in Section 3(a)(62for purposes of Rule 436(g)(2) of under the Exchange Securities Act.