Change in Credit Standing. The Company will re-evaluate the creditworthiness of a DS Supplier whenever it becomes aware of an adverse change, through the provision of notice by the DS Supplier or otherwise, in the DS Supplier’s or Guarantor’s credit standing. If the lowest credit rating (whether senior unsecured debt rating or corporate issuer rating) used to determine the DS Supplier’s Maximum Credit Limit or its credit limit adversely changes, the Company will require additional security from the DS Supplier in accordance with Section 6.4 of this Agreement. The additional security must be in a form acceptable to the Company in its sole discretion, as specified in Section 6.7 of this Agreement and must be posted as set forth in Section 6.5 of this Agreement.
Change in Credit Standing. The Company will re-evaluate the creditworthiness of a BGS-RSCP Supplier whenever it becomes aware of an adverse change, through the provision of notice by such BGS-RSCP Supplier or otherwise, in the BGS-RSCP Supplier’s or Guarantor’s credit standing. If the lowest credit rating (whether senior unsecured debt rating or corporate issuer rating) used to determine the BGS-RSCP Supplier’s ICT or its credit limit adversely changes, the Company will require additional security from the BGS-RSCP Supplier in accordance with Sections 6.4 and 6.6 of this Agreement. The additional security must be in a form acceptable to the Company, as specified in Section 6.9 of this Agreement and must be posted as set forth in Section 6.7 of this Agreement.
Change in Credit Standing. The Company will re-evaluate the creditworthiness of a BGS-CIEP Supplier whenever it becomes aware of an adverse change, through the provision of notice by such Supplier or otherwise, in the BGS-CIEP Supplier’s or Guarantor’s credit standing. The Company shall not require any additional security from a BGS-CIEP Supplier due to an adverse change in such BGS-CIEP Supplier’s credit standing provided that the BGS-CIEP Supplier continues to meet the Company’s minimum standard for an unsecured line of credit. When an adverse change in a BGS-CIEP Supplier’s credit standing causes the BGS- CIEP Supplier to no longer qualify for an unsecured line of credit from the Company, the Company shall be entitled to require additional security, prepayment, or a deposit in accordance with Sections 6.2 and 6.3 of this Agreement. The additional security must be in a form acceptable to the Company as specified in Section 6.4 of this Agreement.
Change in Credit Standing. The Companies will re-evaluate the creditworthiness of the BGS-FP Supplier whenever they become aware, through the provision of notice by the BGS-FP Supplier or otherwise, of a downgrade in the BGS-FP Supplier’s or Guarantor’s credit rating. If the lowest credit rating (whether issuer rating, corporate issuer rating or senior unsecured debt rating) used to determine the BGS-FP Supplier’s Credit Limit is downgraded, the Companies will immediately reassess the amount of the Credit Limit to be granted the BGS-FP Supplier pursuant to Section 6.4, as well as the adequacy of the Margin and the collateral being provided by the BGS-FP Supplier pursuant to Sections 6.6 and 6.8. If necessary, one or more of the Companies will request and the BGS-FP Supplier shall provide an additional Security Instrument to such Companies (or increase the value of the existing Security Instrument) in accordance with Sections 6.6 and 6.8.
Change in Credit Standing. Buyer will re-evaluate the creditworthiness of Seller whenever it becomes aware of an adverse change, through the provision of notice by Seller or otherwise, in Seller’s or Guarantor’s credit standing. If the lowest credit rating (whether senior unsecured debt rating or corporate issuer rating) used to determine Seller’s Maximum Credit Limit or its Credit Limit adversely changes, Buyer will require additional security from Seller in accordance with Section 12.5 of this Agreement. The additional security must be in a form acceptable to Buyer in its reasonable discretion, as specified in Section 12.7 of this Agreement and must be posted as set forth in Section 12.5 of this Agreement.
Change in Credit Standing. Creditworthiness may be re-evaluated whenever a Party becomes aware of a material change, through the provision of notice by the other Party or otherwise, in the Party's or Guarantor's credit standing.
Change in Credit Standing. The Companies will re-evaluate the creditworthiness of a SSO Supplier whenever it becomes aware of an adverse change, through the provision of notice by such SSO Supplier or otherwise, in the SSO Supplier’s or Guarantor’s credit standing. If the lowest credit rating (whether corporate issuer rating or unsecured senior debt rating) used to determine the SSO Supplier’s ICT or its credit limit adversely changes, the Companies will require additional security from a SSO Supplier in accordance with Sections 6.4 and 6.6. The additional security must be in a form acceptable to the Companies, as specified in Section 6.9 of this Agreement.
Change in Credit Standing. The Companies will re-evaluate the creditworthiness of the BGS-FP Supplier whenever they become aware, through the provision of notice by the BGS-FP Supplier or otherwise, of a decrease in the BGS-FP Supplier’s or Guarantor’s credit rating. If the lowest credit rating (whether corporate issuer rating or unsecured senior debt rating) used to determine the BGS-FP Supplier’s Credit Limit decreases, the BGS-FP Supplier shall provide an additional Security Instrument to the Companies (or increase the value of the existing Security Instrument) in accordance with Section 6.4.
Change in Credit Standing. The Company will re-evaluate the creditworthiness of a TOU Supplier whenever it becomes aware of an adverse change, through the provision of notice by the TOU Supplier or otherwise, in the TOU Supplier’s or Guarantor’s credit standing. If the lowest credit rating (whether senior unsecured debt rating or corporate issuer rating) used to determine the TOU Supplier’s Maximum Credit Limit or its Credit Limit adversely changes, the Company will require additional security from the TOU Supplier in accordance with Section 6.5 of this Agreement. The additional security must be in a form acceptable to the Company in its reasonable discretion, as specified in Section 6.7 of this Agreement and must be posted as set forth in Section 6.5 of this Agreement.
Change in Credit Standing. The Company will re-evaluate the creditworthiness of the CPP-B Supplier whenever it becomes aware, through the provision of notice by the CPP-B Supplier or otherwise, of a downgrade in the CPP-B Supplier’s or Guarantor’s credit rating. If the lowest credit rating (whether issuer rating, corporate issuer rating or senior unsecured debt rating) used to determine the CPP-B Supplier’s Credit Limit is downgraded, the Company will immediately reassess the amount of the Credit Limit it will grant the CPP-B Supplier pursuant to Section 6.4, as well as the adequacy of the Margin and the collateral being provided by the CPP-B Supplier pursuant to Sections 6.6 and 6.8. If necessary, the Company will request and the CPP-B Supplier shall provide an additional Security Instrument to the Company (or increase the value of the existing Security Instrument) in accordance with Sections 6.6 and 6.8.
