Common use of Credit Rating Adjustment Clause in Contracts

Credit Rating Adjustment. The credit rating assigned to the Customer as indicated by the financial ratio calculation may be adjusted up or down on account of additional information which, in the reasonable view of Transpower, is important. This may include factors such as: market share, competitive position, regulatory risk, customer base, risk management systems, debt profile, operating efficiency, cost structure, management experience and quality, payment history, fixed asset quality and capacity, debtor quality, financial flexibility, developments in the industry which impact on credit risk.