Common use of Independent Credit Requirement Clause in Contracts

Independent Credit Requirement. The Independent Credit Requirement per Tranche (“ICRT”) that will be required of BGS-RSCP Suppliers under this Agreement shall initially be $2.4 million per Tranche and shall decline in accordance with the schedule included as part of Appendix B throughout the term hereof. The ICR under this Agreement is the ICRT times the number of Tranches shown in Appendix A hereto.

Appears in 9 contracts

Samples: Supplier Master Agreement, Supplier Master Agreement, Supplier Master Agreement

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Independent Credit Requirement. The Independent Credit Requirement per Tranche (“ICRT”) that will be required of BGS-RSCP Suppliers under this Agreement shall initially be $2.4 million per Tranche and shall decline in accordance with the schedule included as part of Appendix B throughout the term hereof. The ICR under this Agreement is the ICRT times the number of Tranches shown in Appendix A hereto.

Appears in 5 contracts

Samples: Supplier Master Agreement, Supplier Master Agreement, Supplier Master Agreement

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Independent Credit Requirement. The Independent Credit Requirement per Tranche (“ICRT”) that will be required of BGS-RSCP FP Suppliers under this Agreement shall initially be $2.4 million per Tranche and shall decline in accordance with the schedule included as part of Appendix B throughout the term hereof. The ICR under this Agreement is the ICRT times the number of Tranches shown in Appendix A hereto.

Appears in 1 contract

Samples: Master Agreement

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