Common use of External Credit Rating Clause in Contracts

External Credit Rating. Where the Customer or credit support provider has an Acceptable Credit Rating under clause 1(a), the Customer is to inform Transpower as soon as practicable on the happening of any change in its external credit rating or on being put on negative credit watch.

Appears in 4 contracts

Samples: Benchmark Agreement, Benchmark Agreement, www.ea.govt.nz

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