Common use of Unsecured Credit Limit Clause in Contracts

Unsecured Credit Limit. The Unsecured Credit Limit is provided in the table below: Credit Rating (Supplier or Guarantor) Unsecured Credit Limit (the lesser of) S&P Xxxxx’x Fitch % Tangible Net Worth Guarantee Amount Fixed Amount AA- or higher Aa3 or higher AA- or higher 12% TNW Per § 7.1 $30 million A+, A A1, A2 A+, A 10% TNW Per § 7.1 $25 million A- A3 A- 8% TNW Per § 7.1 $20 million BBB+ Baa1 BBB+ 6% TNW Per § 7.1 $15 million BBB Baa2 BBB 4% TNW Per § 7.1 $10 million BBB- Baa3 BBB- 2% TNW Per § 7.1 $5 million Below BBB- or unrated Below Baa3 or unrated Below BBB- or unrated 0% TNW Per § 7.1 $0

Appears in 2 contracts

Samples: Master Power Supply Agreement, Master Power Supply Agreement

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Unsecured Credit Limit. The Unsecured Credit Limit is provided in the table below: Credit Rating (Supplier or Guarantor) Unsecured Credit Limit (the lesser of) S&P Xxxxx’x Fitch % Tangible Net Worth Guarantee Amount Fixed Amount AA- or higher Aa3 or higher AA- or higher 12% TNW Per § 7.1 $30 60 million A+, A A1, A2 A+, A 10% TNW Per § 7.1 $25 50 million A- A3 A- 8% TNW Per § 7.1 $20 40 million BBB+ Baa1 BBB+ 6% TNW Per § 7.1 $15 30 million BBB Baa2 BBB 4% TNW Per § 7.1 $10 20 million BBB- Baa3 BBB- 2% TNW Per § 7.1 $5 10 million Below BBB- or unrated Below Baa3 or unrated Below BBB- or unrated 0% TNW Per § 7.1 $0

Appears in 1 contract

Samples: Master Power Supply Agreement

Unsecured Credit Limit. The Unsecured Credit Limit is provided in the table below: Credit Rating (Supplier or Guarantor) Unsecured Credit Limit (the lesser of) S&P Xxxxx’x Moody’s Fitch % Tangible Net Worth Guarantee Amount Fixed Amount AA- or higher Aa3 or higher AA- or higher 12% TNW Per § 7.1 $30 million A+, A A1, A2 A+, A 10% TNW Per § 7.1 $25 million A- A3 A- 8% TNW Per § 7.1 $20 million BBB+ Baa1 BBB+ 6% TNW Per § 7.1 $15 million BBB Baa2 BBB 4% TNW Per § 7.1 $10 million BBB- Baa3 BBB- 2% TNW Per § 7.1 $5 million Below BBB- or unrated Below Baa3 or unrated Below BBB- or unrated 0% TNW Per § 7.1 $0

Appears in 1 contract

Samples: Master Power Supply Agreement

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Unsecured Credit Limit. The Unsecured Credit Limit is provided in the table below: Credit Rating (Supplier or Guarantor) Unsecured Credit Limit (the lesser of) S&P Xxxxx’x Fitch % Tangible Net Worth Guarantee Amount Fixed Amount AA- Aa3 or higher Aa3 AA- or higher AA- or higher 12% TNW Per § 7.1 1.27 $30 10 million A1, A2 A+, A A1, A2 A+, A 10% TNW Per § 7.1 1.27 $25 10 million A- A3 A- 8X- X- 0% TNW XXX Per § 7.1 1.27 $20 10 million Baa1 BBB+ Baa1 BBB+ 6% TNW Per § 7.1 1.27 $15 8 million Baa2 BBB Baa2 BBB 4% TNW Per § 7.1 1.27 $10 7 million Baa3 BBB- Baa3 BBB- 2% TNW Per § 7.1 1.27 $5 million Below BBB- Baa3 or unrated Below Baa3 BBB- or unrated Below BBB- or unrated 0% TNW Per § 7.1 1.27 $0

Appears in 1 contract

Samples: Master Power Supply Agreement

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