Credit Threshold definition
Examples of Credit Threshold in a sentence
Each SSO Supplier that qualifies under the following criteria will be granted an Independent Credit Threshold (“ICT”).
The ▇▇▇▇ Supplier that qualifies under the following criteria will be granted an Independent Credit Threshold.
BGS-RSCP Suppliers that qualify under the following criteria will be granted an Independent Credit Threshold (“ICT”).
The maximum level of the ICT that can be granted based on an ICT Guaranty will be determined based on the following table: Credit Rating of the Guarantor Maximum Independent Credit Threshold The ▇▇▇▇ Supplier will be granted an ICT up to the amount of the ICT Guaranty but not exceeding the maximum ICT shown in the table above.
The maximum level of the ICT will be determined based on the following table: Credit Rating of the ▇▇▇▇ Supplier Maximum Independent Credit Threshold for a ▇▇▇▇ Supplier having a Guarantor, the Guarantor must (1) be rated by at least one of the following rating agencies: S&P, Moody’s, or Fitch, and (2) have a minimum senior unsecured debt rating (or, if unavailable, corporate issuer rating) equal to the Minimum Rating.
Each SSO Supplier that qualifies under the following criteria will be granted an Independent Credit Threshold.
The ▇▇▇▇ Supplier that qualifies under the following criteria will be granted an Independent Credit Threshold (“ICT”).
During the Term, each SSO Supplier or its Guarantor, if applicable, that has been granted an Independent Credit Threshold or a Credit Limit agrees to provide as soon as practicable (i) after the end of each fiscal year, complete annual audited financial statements (including footnotes), and (ii) after the end of each fiscal quarter, complete quarterly unaudited financial statements (including footnotes).
During the Term, the ▇▇▇▇ Supplier or its Guarantor, if applicable, that has been granted an Independent Credit Threshold or a Credit Limit agrees to provide as soon as practicable (i) after the end of each fiscal year, complete annual audited financial statements (including footnotes), and (ii) after the end of each fiscal quarter, complete quarterly unaudited financial statements (including footnotes).
If the ▇▇▇▇ Supplier qualifies under the following criteria, the ▇▇▇▇ Supplier will be granted an Independent Credit Threshold (“ICT”).