Unsecured Debt Rating Sample Clauses

Unsecured Debt Rating. Borrower and the REIT shall use their best efforts to have an Unsecured Debt Rating assigned to the REIT within 360 days (or 450 days in the event Borrower executes a Westin Acquisition Agreement) after the Closing Date.
Sample 1
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Unsecured Debt Rating. The Company has an Unsecured Debt Rating of BBB- or higher assigned by Standard & Poor's Ratings Services, a Division of The McGraw Hill Companies and of Baa3 or higher assigned by Moodx'x Xxxestor Service, Inc., and the consummation of the Loans or the Guaranty will not cause any change, downgrade or withdrawal of such rating.
Sample 1
Unsecured Debt Rating. 84 8.19. REIT and Corporation Stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84 8.20. Interest Rate Protection . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84 8.21 World Directory Disposition Entities; Assigned Starwood Note; Etc. . . . . . . . . . . . . . . . . . . 84 (iii) 5
Sample 1
Unsecured Debt Rating. Each Parent Company hereby covenants and agrees that it shall use its best efforts to have an Unsecured Debt Rating assigned to the Parent Companies within 180 days after the Initial Borrowing Date.
Sample 1
Unsecured Debt Rating. 44 Section 4.11 Tax Returns and Payments...................................................................44 Section 4.12 ERISA......................................................................................44 Section 4.13 Intentionally Deleted......................................................................45 Section 4.14 Representations and Warranties in Loan Documents...........................................45 Section 4.15 True and Complete Disclosure...............................................................45 Section 4.16 Ownership of Real Property; Existing Security Instruments..................................45 Section 4.17
Sample 1
Unsecured Debt Rating. Borrower has an Unsecured Debt Rating of BBB- or higher assigned by Standard & Poor's Ratings Services and of Baa3 or higher assigned by Moodx'x Xxxestor Service, Inc., and the consummation of the Loan will not cause any change, downgrade or withdrawal of such rating.
Sample 1

Related to Unsecured Debt Rating

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

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

  • PRIORITY RATING If so identified, this Contract is a "rated order" certified for national defense, emergency preparedness, and energy program use, and SELLER shall follow all the requirements of the Defense Priorities and Allocation System Regulation (15 C.F.R. Part 700).

  • Funded Debt Ratio Maintain its Funded Debt Ratio at not greater than (a) 3.75 to 1.00 at each fiscal quarter ending through and including December 31, 2003, (b) 3.50 to 1.00 as of March 31, 2004 and June 30, 2004, (c) 3.00 to 1.00 as of September 30, 2004, (b) 2.50 to 1.00 as of December 31, 2004 and at each fiscal quarter ending thereafter through and including September 30, 2005, and (c) 2.00 to 1.00 as of December 31, 2005 and as of each fiscal quarter ending thereafter.

  • Credit Rating With respect to the Competitive Supplier or Competitive Supplier’s Guarantor, its senior unsecured, unsubordinated long-term debt rating, not supported by third party credit enhancement, and if such debt is no longer rated, then the corporate or long-term issuer rating of Competitive Supplier or Competitive Supplier’s Guarantor.

  • Debt Ratio Permit the Debt Ratio at the last day of any fiscal quarter to be greater than the ratio set forth below opposite the fiscal quarter during which such fiscal quarter occurs: Fiscal Quarter Ending Ratio --------------------- ----- December 31, 1999 4.75 March 31, 2000 4.75 June 30, 2000 4.75 September 30, 2000 4.50 December 31, 2000 4.50 March 31, 2001 4.50 June 30, 2001 4.50 September 30, 2001 3.75 December 31, 2001 3.75 March 31, 2002 3.75 June 30, 2002 3.75 September 30, 2002 3.25 and thereafter

  • Senior Secured Leverage Ratio Not permit the Senior Secured Leverage Ratio as of the end of any fiscal quarter of the Guarantor to be above the maximum ratio set forth below opposite such fiscal quarter: Fiscal Quarter Ending Maximum Senior Secured Leverage Ratio Fourth Quarter 2013 3.50:1.00 First Quarter 2014 3.50:1.00 Second Quarter 2014 3.25:1.00 Third Quarter 2014 3.00:1.00 Fourth Quarter 2014 and Each Fiscal Quarter Thereafter 2.75:1.00

  • Secured Leverage Ratio Permit the Secured Leverage Ratio, as of the last day of any fiscal quarter of the Consolidated Group, to be greater than forty percent (40%), or, for a period of four consecutive fiscal quarters following a Material Acquisition, forty-five percent (45%).

  • Total Leverage Ratio The Borrowers will not permit the Total Leverage Ratio on the last day of any fiscal quarter to exceed 3.75 to 1.00.

  • Leverage Ratios Notwithstanding anything to the contrary contained herein, for purposes of calculating any leverage ratio herein in connection with the incurrence of any Indebtedness, (a) there shall be no netting of the cash proceeds proposed to be received in connection with the incurrence of such Indebtedness and (b) to the extent the Indebtedness to be incurred is revolving Indebtedness, such incurred revolving Indebtedness (or if applicable, the portion (and only such portion) of the increased commitments thereunder) shall be treated as fully drawn.

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