Acceptable Credit Status definition
Acceptable Credit Status means a shipper, or its respective guarantors, if applicable, that does not have an Investment Grade Rating, but is of sufficient financial strength that Alliance does not require such shipper to post security for such shipper's obligations to Alliance; or
Acceptable Credit Status means that the Shipper on the Alliance Canada Pipeline or the Shipper's Guarantor, as applicable, does not have an Investment Grade Rating but has been accepted by Alliance Canada and its lenders as being of sufficient financial strength so as not to require security to be posted in connection with its obligations to Alliance Canada;