Reporting; Maintenance of Creditworthiness. (a) The XXXX Supplier must promptly notify the Companies of any change in its or its Guarantor’s credit rating or financial condition. The XXXX Supplier or Guarantor must also furnish evidence of an acceptable credit rating or financial condition upon the request of the Companies.
(b) If the lowest credit rating (whether corporate issuer rating or unsecured senior debt rating) used to determine the XXXX Supplier’s Credit Limit adversely changes, the Companies will require Margin Collateral from such XXXX Supplier in accordance with Sections 6.4, 6.6 and 6.
Reporting; Maintenance of Creditworthiness. (a) The XXXX Supplier must promptly notify AEP Ohio of any change in its or its Guarantor’s credit rating or financial condition. The XXXX Supplier or Guarantor must also furnish evidence of an acceptable credit rating or financial condition upon the request of AEP Ohio.
(b) If the lowest credit rating (whether corporate or issuer rating or unsecured senior debt rating) used to determine the XXXX Supplier’s ICT or its Credit Limit adversely changes, AEP Ohio will require ICR Collateral or Margin Collateral from the XXXX Supplier in accordance with Sections 5.4, 5.6 and 5.7. The additional security must be in a form acceptable to AEP Ohio, as specified in Section 5.9.
Reporting; Maintenance of Creditworthiness. (a) Each SSO Supplier must promptly notify Duke Energy Ohio of any change in its or its Guarantor’s credit rating or financial condition. The SSO Supplier or Guarantor must also furnish evidence of an acceptable credit rating or financial condition upon the request of Duke Energy Ohio.
(b) If the lowest credit rating (whether corporate or issuer rating or unsecured senior debt rating) used to determine the SSO Supplier’s ICT or its Credit Limit adversely changes, Duke Energy Ohio will require ICR Collateral or Margin Collateral from such SSO Supplier in accordance with Sections 5.4, 5.6 and 5.7. The additional security must be in a form acceptable to Duke Energy Ohio, as specified in Section 5.9.
Reporting; Maintenance of Creditworthiness. (a) Each SSO Supplier must promptly notify the Companies of any change in its or its Guarantor’s credit rating or financial condition. The SSO Supplier or Guarantor must also furnish evidence of an acceptable credit rating or financial condition upon the request of the Companies.
(b) If the lowest credit rating (whether corporate issuer rating or unsecured senior debt rating) used to determine the SSO Supplier’s Credit Limit adversely changes, the Companies will require Margin Collateral from such SSO Supplier in accordance with Sections 6.4, and 6.5. The additional security must be in a form acceptable to the Companies, as specified in Section 6.7.
Reporting; Maintenance of Creditworthiness. (a) Each SSO Supplier must promptly notify the Companies of any change in its or its Guarantor’s credit rating or financial condition. The SSO Supplier or Guarantor must also furnish evidence of an acceptable credit rating or financial condition upon the request of the Companies.
(b) 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 ICR Collateral or Margin Collateral from such SSO Supplier in accordance with Sections 6.4, 6.6 and 6.
Reporting; Maintenance of Creditworthiness a) Each SSO Supplier must promptly notify The Dayton Power and Light Company of any change in its or its Guarantor’s credit rating or financial condition. The SSO Supplier or Guarantor must also furnish evidence of an acceptable credit rating or financial condition upon the request of The Dayton Power and Light Company.
b) If the corporate or issuer credit rating used to determine the SSO Supplier’s ICT or its Credit Limit adversely changes, The Dayton Power and Light Company will require ICR Collateral or Margin Collateral from such SSO Supplier in accordance with Sections 6.4, 6.6 and 6.
