Common use of Cooperation with Rating Agencies Clause in Contracts

Cooperation with Rating Agencies. Borrower and Maryland Loan Guarantor shall, on reasonable prior notice, (i) at Lender’s request, meet with representatives of the Rating Agencies at reasonable times to discuss the business and operations of the Property and (ii) cooperate with the reasonable requests of the Rating Agencies in connection with the Property. After a Securitization and until the Obligations are paid in full, Lender may provide the Rating Agencies with all financial reports and other information required hereunder, including copies of any default notices or other material notices delivered to and received from Lender hereunder, to enable them to continuously monitor the creditworthiness of Borrower and Maryland Loan Guarantor and to permit an annual surveillance of the implied credit rating of the Securities.

Appears in 2 contracts

Sources: Loan and Security Agreement (BlueLinx Holdings Inc.), Loan and Security Agreement (BlueLinx Holdings Inc.)