Credit Requirements means a long-term credit rating (corporate or long-term senior unsecured debt) of (1) “Baa3” or greater by Xxxxx’x, or (2) “BBB-” or greater by S&P, or such other indicia of creditworthiness acceptable to PacifiCorp in its reasonable judgment.
Credit Requirements means, with respect to any Person, that such Person has at least one of the following Credit Ratings: (a) “Baa2” or higher from Xxxxx’x, (b) “BBB” or higher from S&P or (c) “BBB” or higher from Fitch.
Credit Requirements means, with respect to any Person, either (a) meeting or exceeding the Ratings Limit, or (b) issuing or posting, or having caused to be issued or posted, the applicable Credit Support.
Examples of Credit Requirements in a sentence
Credit Requirements: Customer must have good credit standing as determined by PG&E.
Contract Commitment(s) shall have the meaning set forth in Section 12.2 Credit Requirements shall have the meaning set forth in Section 4.1(a).
Minimum Credit Requirements for an ENVS PhDThe equivalent of at least six semesters of full-time graduate study is required for the PhD program.
More Definitions of Credit Requirements
Credit Requirements means a senior, unsecured long term debt rating (or corporate rating if such debt rating is unavailable) of (a) BBB+ or greater from S&P, or (b) Baa1 or greater from Moody's, and if such ratings are split, the lower of the two ratings must be at least ‘BBB+’ or ‘Baa1’ from S&P or Moody’s, respectively; provided that if (a) or (b) is not available, an equivalent rating as determined by PacifiCorp through an internal process review and utilizing a proprietary credit scoring model developed in conjunction with a third party.
Credit Requirements means both the Project Development Security pursuant to Section 8.1 and the Default Security pursuant to Section 8.2 required to be posted by Seller in accordance with those provisions.
Credit Requirements means: (a) in the case of Seller and a Qualifying Person, Seller or such Qualifying Person has a senior, unsecured long term debt rating (or corporate rating if such debt rating is unavailable) of: (i) ‘BBB+’ or greater from S&P; or (ii) ‘Baa1’ or greater from Xxxxx’x; provided that if Seller or such Qualifying Person is rated by both S&P and Xxxxx’x and such ratings are split, then the lower of the two ratings must be at least ‘BBB+’ from S&P or ‘Baa1’ from Xxxxx’x; provided further that if (i) or (ii) is not available, an equivalent rating as determined by PacifiCorp through an internal review process and utilizing a proprietary credit scoring model developed in conjunction with a third party; and (b) in the case of a Qualifying Institution, such Qualifying Institution has a credit rating on its long-term senior unsecured debt of at least ‘A’ from S&P and ‘A2’ from Xxxxx’x.
Credit Requirements means the most recently published senior, unsecured long-term debt rating (or corporate rating if such debt rating is not available) of (a) “BBB-“or greater from S&P, or (b) “Baa3” or greater from Moody’s, or such other indicia of creditworthiness acceptable to Rocky Mountain Power in its reasonable judgment.
Credit Requirements means: (a) in the case of Seller and a Qualifying Person, Seller or such Qualifying Person has a senior, unsecured long term debt rating (or corporate rating if such debt rating is unavailable) of: (i) ‘BBB+’ or greater from S&P; or (ii) ‘Baa1’ or greater form Moody’s; provided that if such ratings are split, the lower of the two ratings must be at least ‘BBB+’ from S&P or ‘Baa1’ from Moody’s; provided further that if (i) or (ii) is not available, an equivalent rating as determined by PacifiCorp through an internal process review and utilizing a proprietary credit scoring model developed in conjunction with a third party; and (b) in the case of a Qualifying Institution, such Qualifying Institution has a credit rating on its long-term senior unsecured debt of at least ‘A’ from S&P and ‘A2’ from Moody’s.
Credit Requirements means a senior, unsecured long term debt rating (or corporate rating if such debt rating is unavailable) of (a) ‘BBB+’ or greater from S&P, or (b) ‘Baa1’ or greater form Moody’s; provided that if such ratings are split, the lower of the two
Credit Requirements means a senior, unsecured long term debt rating (or corporate rating if such debt rating is unavailable) of (a) ‘BBB+’ or greater from S&P, or (b) ‘Baa1’ or greater form Moody’s; provided that if such ratings are split, the lower of the two ratings must be at least ‘BBB+’ or ‘Baa1’ from S&P or Moody’s, and provided further that if (a) or (b) is not available, an equivalent rating as determined by PacifiCorp through an internal process review and utilizing a proprietary credit scoring model developed in conjunction with a third party.