Credit Threshold definition

Credit Threshold means the Bank Credit Threshold or the Financial Institution Credit Threshold or both as the context requires.
Credit Threshold means the pollutant loading level below which reductions must be made to generate pollutant reduction credits.
Credit Threshold means the proposed Permitted Transferee has a Tangible Net Worth equal to or greater than $100,000,000 and a Liquidity equal to or greater than $50,000,000, in each case as evidenced by (1) financial statements, that are less than 12 months old, audited by a certified public accounting firm reasonably acceptable to Landlord, and (2) current unaudited financial statements. The right to assign this Lease or sublease the Premises to a Tenant Affiliate under this Section 14.8 shall be subject to the conditions that the Permitted Transferee remains a Tenant Affiliate and that if the Permitted Transferee ceases to be a Tenant Affiliate, Tenant and the Permitted Transferee shall so notify Landlord in writing within ten (10) days after that event and, upon the written request of Landlord, the Permitted Transferee shall transfer, assign, set over and/or re-assign this Lease and its interest in the Premises, as applicable, to Tenant or, subject to complying with this condition, another Tenant Affiliate. A Permitted Transferee shall be liable to Landlord, jointly and severally with Tenant, for all obligations of Tenant under this Lease.

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”).