Investment Grade. As of date of this Guaranty, Guarantor's senior unsecured long-term debt is rated at least Investment Grade.
Investment Grade. Efficiency Audit documentation.
Investment Grade with respect to any Person, the long term senior unsecured non-credit enhanced credit rating or shadow rating of which is BBB- or higher by S&P or Baa3 or higher by Xxxxx’x.
Investment Grade. 9 Lien....................................................9 Maturity...............................................10
Investment Grade. Audit Report and Project Development Proposal.
Investment Grade. The Borrower does not or ceases to maintain a long term credit rating of at least:
Investment Grade. Efficiency Audit. The RECIPIENT will procure a third party analysis of potential energy and water efficiency measures for incorporation into the design of any wastewater facilities. The analysis will identify potential efficiency measures, provide cost estimates, and evaluate their cost effectiveness. If the RECIPIENT has obtained either a preliminary or investment grade energy audit of the utility in the last 5 years, documentation of that audit can be submitted instead.
Investment Grade. The term “Investment Grade” shall mean a rating of Baa2 from Xxxxx and a rating of BBB from Standard & Poor’s without taking into account any credit or liquidity support.
Investment Grade. ABS Percentage: For any day, the percentage equivalent of a fraction, the numerator of which is the Above-Investment Grade ABS Asset Amount for such day and the denominator of which is the Aggregate Asset Amount for such day. ABS Advance Rate: Except as may otherwise be provided for in a Collateral Consent or an ABS Collateral Conveyance Agreement, 100%.
Investment Grade. ABS Percentage: For any day, the percentage equivalent of a fraction, the numerator of which is the Below-Investment Grade ABS Asset Amount for such day and the denominator of which is the Aggregate Asset Amount for such day. Commitment: $1,750,000,000. Commitment Termination Date: [Insert third anniversary of closing], subject to extension pursuant to the following provisions. No more than 90 days and no less than 45 days before (i) [insert month and day of closing] of each year, commencing [insert first anniversary of closing] and (ii) the date an IPO is consummated (each a “Renewal Date”), the Borrower may request (an “Extension Request”) that the Lenders extend the Commitment Termination Date to a date that is three years from such Renewal Date (the “Extended Commitment Termination Date”). The Lenders may deny any Extension Request made after the earliest of (a) the consummation of an IPO, (b) the occurrence of the “IPO Put Option Closing Date” (as such term is defined in the Shareholders Agreement) or (c) [insert second put option date]. If an Extension Request is denied by the Lenders then the Commitment Termination Date shall not be extended. If the Lenders agree to an Extension Request or an Extension Request is made prior to the earliest of (a) the consummation of an IPO, (b) the exercise by the “New Acquirer” of the “IPO Put Option” (as such terms are defined in the Shareholders Agreement) or (c) [insert second put option date], then the Extended Commitment Termination Date shall become the Commitment Termination Date; provided that the Borrower has not revoked the Extension Request prior to the Commitment Termination Date in accordance with the Repricing Principles. Prior to any Renewal Date the Single A Margin, the Triple B Margin, the Double B Margin, the Single B Margin, the Retained Subordinated ABS Margin, the Acquired Receivable Margin, the Single A Margin, the Triple B Margin, the Double B Margin and the Unsecured Margin (the “Applicable Margins”) shall be revised in accordance with the Repricing Principles and this Exhibit H shall be amended to reflect such revisions.
