Creditworthiness definition

Creditworthiness means attributes such as revenue stability, debt service coverage, reserves, and

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Creditworthiness means attributes such as revenue stability, debt service coverage, reserves, and other factors commonly considered in assessing the strength of the security for indebtedness.

Creditworthiness means any entry in a consumer's credit file that impacts the ability of a consumer to obtain and retain credit, employment, business or professional licenses, investment opportunities, or insurance. Entries contained in a consumer file or in a consumer report that affect creditworthiness shall include, but not be limited to, payment information, defaults, judgments, liens, bankruptcies, collections, records of arrest and indictments, and multiple-credit inquiries.

Examples of Creditworthiness in a sentence

• Creditworthiness under this Section is to be determined by the non-transferring Party.

• Once the Agreement has duly entered into force, TSO may assess at any time the compliance of the Network User with the "Know Your Customer" requirements and may request the Network User to demonstrate its compliance with the Creditworthiness provisions and “Know Your Customer” requirements.

• The interest amount or portion thereof not returned to Seller pursuant to this Section 14.6 (Performance Assurance Transfers/Returns) will constitute Performance Assurance and will be subject to the provisions of Article 14 (Creditworthiness) of this Agreement.

• Creditworthiness or satisfactory alternative arrangements must be maintained on an ongoing basis throughout the term of this Agreement.

• As set forth in Article 6 (Creditworthiness) of the Agreement, the DS Supplier’s credit exposure (the “▇▇▇▇-to-Market (MtM) Exposure Amount”) is an amount calculated each Trading Day for the DS Supplier that reflects the financial exposure to the Buyer due to fluctuations in Forward Market Prices for Energy.

More Definitions of Creditworthiness

Creditworthiness means the determination of a landlord or

Creditworthiness means any entry in a consumer's

Creditworthiness means an entry in a consumer's credit file that affects the ability of a consumer to obtain and retain credit, employment, business or professional licenses, investment opportunities, or insurance. Entries affecting creditworthiness include, but are not limited to, payment information, defaults, judgments, liens, bankruptcies, collections, records of arrest and indictments, and multiple credit inquiries.

Creditworthiness means creditworthiness as defined in Section 37‑20‑110(5).”

Creditworthiness. If at anytime there is a material adverse change in Customer’s creditworthiness, then in addition to any other remedies available to WilTel, WilTel may elect, in its sole discretion, to exercise one or more of the following remedies: (i) cause Start of Service for Service described in a previously executed Service Request to be withheld; (ii) cease providing Service pursuant to a Suspension Notice; (iii) decline to accept a Service Request or other requests from Customer to provide Service which WilTel may otherwise be obligated to accept and/or (iv) condition its provision of Service or acceptance of a Service Request on Customer’s assurance of payment which shall be a deposit or such other means to establish reasonable assurance of payment. An adverse material change in Customer’s creditworthiness shall include, but not be limited to: (i) Customer’s default of its obligations to WilTel under this or any other agreement with WilTel; (ii) failure of Customer to make full payment of charges due hereunder on or before the Due Date on three (3) or more occasions during any period of twelve (12) or fewer months or Customer’s failure to make such payment on or before the Due Date in any two (2) consecutive months; (iii) acquisition of Customer (whether in whole or by majority or controlling interest) by an entity which is insolvent, which is subject to bankruptcy or insolvency proceedings, which owes past due amounts to WilTel or any entity affiliated with WilTel or which is a materially greater credit risk than Customer; or, (iv) Customer’s being subject to or having filed for bankruptcy or insolvency proceedings or the legal insolvency of Customer.

Creditworthiness means the determination of a landlord or creditor, in accordance with section 4 or 5 of P.L. , c. (C. ) (pending before the Legislature as this bill), with regard to a prospective tenant’s fitness to be a tenant or resident of a particular housing complex or dwelling unit.

Creditworthiness means the valuation process performed by the Contractor to determine the likelihood of the Client defaulting on its debt obligations.