S&P definition
Examples of S&P in a sentence
The Issuer will provide prior written notice to S&P of any proposed amendment to its Organizational Documents.
Notwithstanding anything herein to the contrary, no supplemental indenture, or other modification or amendment of this Indenture, may be entered into that permits the Issuer to enter into any hedge agreement unless (i) the written terms of the hedge agreement directly relate to the Collateral Obligations or the Debt and such hedge agreement reduces the interest rate and/or foreign exchange risks related to the Collateral Obligations or the Debt and (ii) the S&P Rating Condition is satisfied.
To the extent required by Section 2.4, evidence that the S&P Rating Condition has been satisfied with respect to such issuance or incurrence, as applicable, of Additional Debt .
The initial Paying Agent shall be as set forth in Section 7.2. Any additional or successor Paying Agents shall be appointed by Issuer Order with written notice thereof to the Collateral Trustee; provided that, with respect to any additional or successor Paying Agent, (x) so long as the Debt of any Class are rated by S&P either (i) such Paying Agent has a long-term issuer credit rating of “A+” or higher by S&P or a short-term debt rating of “A-1” by S&P or (ii) the S&P Rating Condition is satisfied.
Within ten (10) Business Days after the Effective Date, tTogether with each Monthly Report and on each Payment Date, the Issuer shall provide to S&P at ▇▇▇_▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇ or via the Collateral Trustee’s website, a Microsoft Excel file of the Excel Default Model Input File and, with respect to each Collateral Obligation, the name of each obligor or issuer thereof, the CUSIP number thereof (if applicable) and the Priority Category thereof.