Standard and Poors Sample Clauses
The 'Standard and Poors' clause defines how references to credit ratings from Standard & Poor's (S&P) are to be interpreted within the agreement. Typically, this clause clarifies which S&P rating scale is being used, how changes in S&P's rating system or the agency itself are handled, and what happens if S&P ceases to exist or stops providing ratings. For example, it may specify that if S&P is replaced or its ratings are unavailable, another recognized rating agency's ratings will be used as a substitute. The core function of this clause is to ensure consistency and clarity in the interpretation of credit ratings, thereby reducing ambiguity and potential disputes over creditworthiness requirements in the contract.
Standard and Poors. If required, Shiprock shall use its commercially reasonable efforts to apply for listing in the Corporate Records published by Standard & Poor’s or the Mergent Manuals and News Reports published by Mergent, Inc.
Standard and Poors. Upon consummation of the Closing, to the extent required or otherwise deemed advisable by the Majority Parties, Accessity shall apply for listing with Standard and Poors Information Service and Blue Sky filings.
Standard and Poors. The Company shall, as soon as practicable after the Closing Date, apply for listing in Standard and Poor's Stock Guide and use its best efforts to effect and maintain such listing for at least five (5) years.
Standard and Poors. Following the Effective Date, VIGS shall apply for and use its commercially reasonable efforts to obtain listing with Standard and Poors Information Service, or a similar nationally recognized service.
Standard and Poors. If required, V-CO shall use its commercially reasonable efforts to apply for listing with Standard and Poors Information Service or other such similar service.
Standard and Poors. If required, Parent shall use its commercially reasonable efforts to apply for listing with Standard and Poor’s Information Service and Blue Sky filings.
Standard and Poors. If required, eClic shall use its commercially reasonable efforts to apply for listing with Standard and Poors Information Service.
Standard and Poors. If required, HAUSA shall use its commercially reasonable efforts to apply for listing with Standard and Poors Information Service.
Standard and Poors. Parent shall use its commercially reasonable efforts to maintain its listing with Standard and Poor’s Information Service.
Standard and Poors. If required, NCI shall use its commercially reasonable efforts to apply for listing with Standard and Poors Information Service.