Independent Credit Threshold. BGS-RSCP Suppliers that qualify under the following criteria will be granted an Independent Credit Threshold (“ICT”). The ICT will be used by the BGS-RSCP Supplier solely to partially or fully cover the aggregate ICR amounts under this Agreement and any other BGS Supply agreement(s) between it and the Company. In all instances, the most current senior unsecured debt rating (or, if unavailable, the most current corporate issuer rating discounted one notch) will be used.
Appears in 10 contracts
Samples: Supplier Master Agreement, Supplier Master Agreement, Supplier Master Agreement
Independent Credit Threshold. BGS-RSCP FP Suppliers that qualify under the following criteria will be granted an Independent Credit Threshold (“ICT”). The ICT will be used by the BGS-RSCP FP Supplier solely to partially or fully cover the aggregate ICR amounts under this Agreement and any other BGS Supply agreement(s) between it and the Company. In all instances, the most current senior unsecured debt rating (or, if unavailable, the most current corporate issuer rating discounted one notch) will be used.
Appears in 1 contract
Samples: Master Agreement
