Revised Credit Amount Sample Clauses

Revised Credit Amount. (a) In the event the Revised Q2 Price is equal to or greater than 200% of the Initial Q2 Price, the Service Provider shall (unless the Customer agrees otherwise) within ten
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Revised Credit Amount. (a) In the event the Revised Q2 Price is equal to or greater than 200% of the Initial Q2 Price, the Service Provider shall (unless the Customer agrees otherwise) within ten (10) Business Days of the Customer's notification of the application of this Clause 16.3(a), provide the Customer with a Security Document in an amount not less than the Revised Credit Amount based on such Revised Q2 Price. (b) In the event the Revised Q2 Price is equal to or greater than 300% of the Initial Q2 Price, the Service Provider shall (unless the Customer agrees otherwise) within ten (10) Business Days of the Customer's notification of the application of this Clause 16.3(b), provide the Customer with a Security Document in an amount not less than the Revised Credit Amount based on such Revised Q2 Price. (c) Where the Service Provider is required to increase the credit cover in accordance with Clause 16.3(a) or 16.3(b), the Service Provider must provide either: (i) a new Security Document for the Revised Credit Amount; and/or (ii) a new additional Security Document for an amount which in aggregate with any existing Security Document amount is equal to the Revised Credit Amount; and/or
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Related to Revised Credit Amount

  • Letter of Credit Amounts Unless otherwise specified herein, the amount of a Letter of Credit at any time shall be deemed to be the stated amount of such Letter of Credit in effect at such time; provided, however, that with respect to any Letter of Credit that, by its terms or the terms of any Issuer Document related thereto, provides for one or more automatic increases in the stated amount thereof, the amount of such Letter of Credit shall be deemed to be the maximum stated amount of such Letter of Credit after giving effect to all such increases, whether or not such maximum stated amount is in effect at such time.

  • Total Credit Award GO-Biz, upon approval by the Committee and conditioned upon the requirements set forth in this Agreement, will award Taxpayer a California Competes Tax Credit ("CCTC") in the amount of one hundred thousand dollars ($100,000.00) (“Credit”). Specifically, Taxpayer is receiving a CCTC against the “net tax” as defined in RTC section 17039, or the “tax” as defined in RTC section 23036, as applicable, pursuant to RTC section 17059.2 or 23689, as applicable.

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