Rating Agency Condition

Example Definitions of "Rating Agency Condition"
Rating Agency Condition. Means, with respect to any Outstanding Series or Class of Notes and any action, unless otherwise defined for such Series or Class of Notes in the related Indenture Supplement (i) 10 days' prior written notice (or if 10 days' advance notice is impracticable, as much advance notice as is practicable), delivered to each applicable Rating Agency as provided in Section 10.4 and (ii) with respect to any Outstanding Series or Class of Notes for which S&P is a Rating Agency, S&P shall have notified the... Issuer in writing that such action will not result in a reduction or withdrawal of the rating, if any, of such Series or Class of Notes with respect to which such entity is a Rating Agency. View More
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