Minimum Ratings Clause Samples

Minimum Ratings. The Borrower shall ensure that its long term issuer credit rating, as determined by A.M. Best Company, Inc., is not less than bbb.
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Minimum Ratings. The Borrower's 8% Senior Notes due 2009 shall be rated at least Ba3 by Moody's and at least BB- by S&P and neither Moody's (only if suc▇ ▇▇tes are rated Ba3) nor S&P (only if such notes are rated BB-) shall have publicly announced that it has such notes under surveillance or review with possible negative implications.
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Minimum Ratings. The Borrower shall have obtained a rating for the Facilities of at least B1 from ▇▇▇▇▇'▇ and at least B+ from S&P.
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Minimum Ratings. The Company shall at all times maintain a Mood▇'▇ ▇▇▇ing of not less than Baa2 and an S&P Rating of not less than BBB.
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Minimum Ratings. On or prior to the Initial Borrowing Date, the Borrower shall have received a prospective senior secured credit rating of not less than BB- from S&P and not less than Ba3 from M▇▇▇▇’▇, and such ratings shall be in effect on the Initial Borrowing Date.
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Minimum Ratings. The Guarantor shall at all times maintain a Mood▇'▇ ▇▇▇ing of not less than A3 and an S&P Rating of not less than A-.
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Related to Minimum Ratings

  • Credit Ratings Use commercially reasonable efforts to maintain at all times (a) a credit rating by each of S&P and ▇▇▇▇▇’▇ in respect of the Term Facility and (b) a public corporate rating by S&P and a public corporate family rating by ▇▇▇▇▇’▇ for the Borrower, in each case with no requirement to maintain any specific minimum rating.

  • Credit Rating With respect to the Competitive Supplier or Competitive Supplier’s Guarantor, its senior unsecured, unsubordinated long-term debt rating, not supported by third party credit enhancement, and if such debt is no longer rated, then the corporate or long-term issuer rating of Competitive Supplier or Competitive Supplier’s Guarantor.

  • No Ratings There are no securities or preferred stock of or guaranteed by the Company or any of its subsidiaries that are rated by a “nationally recognized statistical rating organization,” as such term is defined under Section 3(a)(62) under the 1934 Act.

  • Industry Ratings The City will only accept coverage from an insurance carrier who offers proof that it: a. Is authorized to do business in the State of Kansas; b. Carries a Best's policyholder rating of A- or better; and c. Carries at least a Class VIII financial rating; or d. Is a company mutually agreed upon by the City and Consulting Engineer/Architect.

  • Required Ratings The Offered Certificates shall have received Required Ratings of at least [ ] from [ ].