FINANCIAL DISTRESS. 20.1 The Parties shall comply with the provisions of Framework Schedule 16 (Financial Distress) in relation to the assessment of the financial standing of the Supplier and the consequences of a change to that financial standing.
FINANCIAL DISTRESS. 44.1. The Supplier and the Authority agree to comply with their respective obligations and may exercise their respective rights pursuant to Framework Schedule 16 (Financial Distress).
FINANCIAL DISTRESS. 10.9 The Parties shall comply with the provisions of Schedule 7.4 (Financial Distress) in relation to the assessment of the financial standing of the Supplier and other specified entities and the consequences of a change to that financial standing.
FINANCIAL DISTRESS. 47A.1 During the Term, the Contractor shall regularly monitor its own and each of its key Sub- contractors' credit ratings or (where used as proxies for credit ratings) Dun & Bradstreet rating, which at the Commencement Date are as follows: ORGANISATION AGENCY RATING Contractor Xxxx & Bradstreet 91
FINANCIAL DISTRESS. In the event of a reduction in the amount of a Transmission Customer’s Unsecured Credit (a) by fifty percent (50%) or more as determined in accordance with Section 26.5 of Attachment K to the ISO Services Tariff, or (b) as a result of a material adverse change as determined in accordance with Section 26.14 of Attachment K to the ISO Services Tariff, then the ISO shall have the right to: (1) immediately issue an invoice to such Transmission Customer requiring payment within two (2) business days from the invoice date for initial settlements representing the sum of that Billing Period’s daily billing data available as of the invoice date, and/or (2) require such Transmission Customer to prepay estimated charges weekly for up to twelve months in accordance with ISO Procedures.
FINANCIAL DISTRESS. The parties shall comply with their respective obligations, and may exercise their respective rights, under Schedule 7.4 (Financial Distress).
FINANCIAL DISTRESS. 23.1 The Parties shall comply with the provisions of DPS Schedule 16 (Financial Distress) in relation to the assessment of the financial standing of the Supplier and the consequences of a change to that financial standing.
FINANCIAL DISTRESS. CSI’s obligation to perform the monetary provisions of this Collective Bargaining Agreement is contingent on the receipt of available funding. If necessary funding is not available then CSI shall be relieved of its economic obligations hereunder and the parties shall resume bargaining on all economic issues.
FINANCIAL DISTRESS. 27.1 During the Term the Supplier shall regularly monitor its own and each of its Key Subcontractors' credit ratings or (where used as proxies for credit ratings) Dun & Bradstreet rating, which at the Effective Date are as follows: ORGANISATION AGENCY RATING Supplier Standard & Poors Moody’s BBB Baa2
FINANCIAL DISTRESS. 41.1 The Supplier acknowledges and agrees that the financial stability and solvency of the Supplier and its key Sub‐Contractors is critical to the successful delivery of the Services and that any deterioration or potential deterioration of their financial position may have an adverse effect on the performance of the Contract The Supplier shall monitor its own financial standing and that of its key Sub‐ Contractors on a regular basis throughout the term using a Financial Monitoring Plan and shall report on this to DFID.
