Common use of Change in Credit Standing Clause in Contracts

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. The Companies will re-evaluate the creditworthiness of the BGS-FP LFP Supplier whenever they become aware, through the provision of notice by the BGS-FP LFP Supplier or otherwise, of a downgrade in the BGS-FP LFP 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 LFP Supplier’s Credit Limit is downgraded, the Companies will immediately reassess the amount of the Credit Limit to be granted the BGS-FP LFP Supplier pursuant to Section 6.4, as well as the adequacy of the Margin and the collateral being provided by the BGS-FP LFP Supplier pursuant to Sections 6.6 and 6.8. If necessary, one or more of the Companies will request and the BGS-FP LFP 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. The Companies will re-evaluate the creditworthiness of the BGS-FP LRTP Supplier whenever they become aware, through the provision of notice by the BGS-FP LRTP Supplier or otherwise, of a downgrade in the BGS-FP LRTP 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 LRTP Supplier’s Credit Limit is downgraded, the Companies will immediately reassess the amount of the Credit Limit to be granted the BGS-FP LRTP Supplier pursuant to Section 6.4, as well as the adequacy of the Margin and the collateral being provided by the BGS-FP LRTP Supplier pursuant to Sections 6.6 and 6.8. If necessary, one or more of the Companies will request and the BGS-FP LRTP 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. 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 unsecured 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 they will grant 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 6.4 and 6.86.4. If necessary, one or more of the Companies will request and the BGS-FP Supplier shall provide an additional Security Instrument to such the Companies (or increase the value of the existing Security Instrument) in accordance with Sections 6.6 6.4 and 6.86.4.

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 decreasedowngrade in the BGS-FP Supplier’s or Guarantor’s credit rating. If the lowest credit rating (whether issuer rating, corporate issuer rating or unsecured senior unsecured debt rating) used to determine the BGS-FP Supplier’s Credit Limit decreases,is downgraded, the Companies will immediately reassess the amount of the Credit Limit to be granted they will grant 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 the Companies (or increase the value of the existing Security Instrument) in accordance with Sections Section E.ARTICLE 4: .Sections 6.6 and 6.8.

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 unsecured 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 they will grant 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 the Companies (or increase the value of the existing Security Instrument) in accordance with Sections 6.6 and 6.8.