OBTAIN/MAINTAIN RATING Sample Clauses

OBTAIN/MAINTAIN RATING. On or before December 31, 1996, Borrower will obtain, and shall thereafter always maintain in effect, a rating for the long-term unsecured debt of Borrower from Standard & Poor's Rating Group, Xxxxx Investor Services, Fitch Investor Services, Duff & Xxxxxx or any other nationally recognized rating agency approved by Lender (an "Approved Rating Agency"). Borrower shall pay all of the fees, costs and expenses incurred in connection with obtaining and maintaining such rating.
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OBTAIN/MAINTAIN RATING. On or before November 30, 1996, Borrower will obtain, and shall thereafter always maintain in effect, a rating for the long-term unsecured debt of Borrower from Standard & Poor's Rating Group, Xxxxx Investor Services, Fitch Investor Services, Duff & Xxxxxx or any other nationally recognized rating agency approved by Lender (an "Approved Rating Agency"). After receiving such rating, Borrower shall take all steps necessary to maintain such rating and shall provide the Approved Rating Agency and Lender with all such information as may be necessary to monitor, assess and maintain such rating. Borrower shall pay all of the fees, costs and expenses incurred in connection with obtaining and maintaining such rating.
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Related to OBTAIN/MAINTAIN RATING

  • Debt Rating The Liquidity Provider has a short-term debt ratings of “P-1” from Xxxxx’x and “F1+” from Fitch.

  • Insurance Carrier Rating Coverages provided by Contractor must be underwritten by an insurance company deemed acceptable to the State of Washington’s Office of Risk Management. Insurance coverage shall be provided by companies authorized to do business within the State of Washington and rated A- Class VII or better in the most recently published edition of Best’s Insurance Rating. Enterprise Services reserves the right to reject all or any insurance carrier(s) with an unacceptable financial rating.

  • Maintenance of Rating Since the execution of this Agreement, there shall not have been any decrease in or withdrawal of the rating of any securities of the Company or any of its subsidiaries (including the Bank) by any “nationally recognized statistical rating organization” (as defined for purposes of Section 3(a)(62) of the 0000 Xxx) or any notice given of any intended or potential decrease in or withdrawal of any such rating or of a possible change in any such rating that does not indicate the direction of the possible change.

  • Debt Ratings Prompt notice of any change in its Debt Ratings.

  • Maintenance of Ratings The Borrower shall use commercially reasonable efforts to maintain a public corporate rating from S&P and a public corporate family rating from Xxxxx’x, in each case in respect of the Borrower, and a public rating of the Facilities by each of S&P and Xxxxx’x.

  • No Ratings There are no securities or preferred stock of or guaranteed by the Company or any of its subsidiaries that are rated by a “nationally recognized statistical rating organization,” as such term is defined under Section 3(a)(62) under the 1934 Act.

  • Moody’s Xxxxx’x Investors Service, Inc. and its successors.

  • Rating The Notes can be issued without the requirement that they have any rating from a nationally recognized statistical rating organization.

  • Notice to Rating Agencies The Trustee shall use its best efforts promptly to provide notice to the Rating Agencies with respect to each of the following of which it has actual knowledge:

  • Notices to Rating Agencies The Administrator shall give notice to each Rating Agency of (i) any merger or consolidation of the Owner Trustee pursuant to Section 10.4 of the Trust Agreement; (ii) any merger or consolidation of the Indenture Trustee pursuant to Section 6.9 of the Indenture; (iii) any resignation or removal of the Indenture Trustee pursuant to Section 6.8 of the Indenture; (iv) any Default or Event of Default of which it has been provided notice pursuant to Section 6.5 of the Indenture; (v) the termination of, and/or appointment of a successor to, the Servicer pursuant to Section 7.1 of the Sale and Servicing Agreement; and (vi) any supplemental indenture pursuant to Section 9.1 or 9.2 of the Indenture; which notice shall be given in the case of each of clauses (i) through (vi) promptly upon the Administrator being notified thereof by the Owner Trustee, the Indenture Trustee or the Servicer, as applicable.

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