Examples of Credit Estimate in a sentence
Thereafter, the Borrower (or the Collateral Manager on the Borrower’s behalf) shall provide updated information available to it relating to such Collateral Obligation as may reasonably be requested by Xxxxx’x or S&P, as applicable, and apply to Xxxxx’x or S&P, as applicable, for an updated Credit Estimate such that an updated Credit Estimate is assigned not less than every six months after the original assignment.
Promptly upon the Borrower’s, the Fund’s or the Collateral Manager’s receipt of any such updated Credit Estimate from Xxxxx’x or S&P, as applicable, the Borrower (or the Collateral Manager or the Fund on the Borrower’s behalf) shall deliver such updated Credit Estimate to the Collateral Agent.
With respect to any Collateral Obligation with a Credit Estimate, such Credit Estimate has been assigned by Xxxxx’x or S&P within six months of the Borrowing Date.