Common use of Independent Credit Requirement Clause in Contracts

Independent Credit Requirement. The Independent Credit Requirement (“ICR”) per Tranche (“ICRT”) that will be required of the XXXX Supplier under this Agreement will initially be $1,800,000 per Tranche and will decline throughout the Term in accordance with the schedule set forth on Appendix B-1. The ICR under this Agreement for the XXXX Supplier is the ICRT times the number of Tranches shown in Appendix A.

Appears in 15 contracts

Samples: Supply Agreement, Supply Agreement, Supply Agreement

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Independent Credit Requirement. The Independent Credit Requirement (“ICR”) per Tranche (“ICRT”) that will be required of the XXXX each SSO Supplier under this Agreement will initially be $1,800,000 [ ]1 million per Tranche and will decline throughout the Term in accordance with the schedule set forth on Appendix B-1C-1. The ICR under this Agreement for the XXXX each SSO Supplier is the ICRT times the number of Tranches shown in Appendix A.

Appears in 5 contracts

Samples: Supply Agreement, Master Standard Service Offer Supply Agreement, Master Standard Service Offer Supply Agreement

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Independent Credit Requirement. The Independent Credit Requirement (“ICR”) per Tranche (“ICRT”) that will be required of the XXXX each SSO Supplier under this Agreement will initially be $1,800,000 [ ]11 million per Tranche and will decline throughout the Term in accordance with the schedule set forth on Appendix B-1C-1. The ICR under this Agreement for the XXXX each SSO Supplier is the ICRT times the number of Tranches shown in Appendix A.

Appears in 1 contract

Samples: Master Standard Service Offer Supply Agreement

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