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.
Appears in 6 contracts
Samples: Master Standard Service Offer Supply Agreement, Supply Agreement, Supply Agreement
