Common use of S&P Rating Clause in Contracts

S&P Rating. At any time, with respect to any Person, the rating in effect at such time assigned by Standard and Poor's Ratings Group, a division of McGraw Hill, Inc., for the long term senior unsecured debt of such Person.

Appears in 4 contracts

Sources: Loan Agreement (Horton D R Inc /De/), Loan Agreement (Horton D R Inc /De/), Working Capital Line of Credit Agreement (Horton D R Inc /De/)