Examples of Investment Grade Credit Rating in a sentence
Section K (5) in its entirety is effective only for the period prior to the date upon which the fuel cell manufacturer receives an Investment Grade Credit Rating.
The Compliant Party will be entitled to hold posted Performance Assurance, provided that the following conditions applicable to it are satisfied: (1) the Compliant Party is not a defaulting Party; (2) the Compliant Party or Seller has and maintains an Investment Grade Credit Rating or at least the minimum Shareholder Equity required in Section 7.3(a), as applicable; and (3) the posted Performance Assurance is held only in the United States.
The Issuer will notify the Calculation Agent and the Holders not later than ten (10) calendar days after the date which is six (6) months after the date of the Change of Control whether or not it has obtained such an Investment Grade Credit Rating.
The Interest Rate increase set out in the preceding paragraph shall not be applied if prior to the date which is six (6) months after the date of the Change of Control the Issuer has obtained an Investment Grade Credit Rating.
A Customer requesting either (a) short term firm transportation service with a primary term of one (1) year or less, (b) long-term firm transportation service with a primary term of more than one (1) year or (c) or interruptible service of any term must: (i) demonstrate that the Customer or (if applicable) Customer’s Guarantor has an Investment Grade Credit Rating.