Acceptable CS Customers definition

Acceptable CS Customers means with respect to an Eligible CS Project, the counterparties to the subscription agreements for such acquired Projects, which counterparties shall (a) have a FICO score of not less than 680, as verified by Experian (or another credit reporting bureau acceptable to the Blackstone Representative), (b) make payments under an “autopay” program (including but not limited to ACH or credit card), (c) participate under consolidated billing, which merges payments with a utility payment or (d) fulfills the eligibility and evaluation criteria of a subscription manager of recognized standing, which eligibility and evaluation criteria is substantially consistent with market practice; provided that (x) the average FICO score of the pool for all Eligible CS Projects shall be no less than 700 (provided that any Acceptable CS Customers without a FICO score shall be deemed to have a FICO score of 550), (y) Acceptable CS Customers with a FICO score below 700 must be no more than 15% of the pool for all Eligible CS Projects and (z) each subscription agreement shall be originated and serviced in compliance with all applicable laws and regulations.
Sample 1Sample 2
Acceptable CS Customers means, with respect to an Eligible CS Project, the counterparties to the subscription agreements for such Project, which counterparties shall (a) have a FICO score of not less than 680, as verified by Experian (or another credit reporting bureau acceptable to the Administrative Agent) with the average of the pool for such Eligible CS Project of no less than 700; provided that Acceptable CS Customers with a FICO score of not less than 680 and not more than 700 must be no more than 10% of the pool for such Eligible CS Project; and (b) be originated and serviced in compliance with all applicable Governmental Rules.
Sample 1
Acceptable CS Customers means (i) with respect to each Eligible CS Project acquired pursuant to the TGC Project MIPA, the counterparties to the subscription agreements for such acquired Projects (the “Initial CS Projects”) and (ii) otherwise, as of any date of determination, with respect to an Eligible CS Project, the counterparties to the subscription agreements for such Project as of such date, which counterparties shall (a) have a FICO score of not less than 680, as verified by Experian (or another credit reporting bureau acceptable to the Blackstone Representative), (b) make payments under an “autopay” program (including but not limited to ACH or credit card), (c) participate under consolidated billing, which merges payments with a utility payment or (d) fulfills the eligibility and evaluation criteria of a subscription manager of recognized standing, which eligibility and evaluation criteria is substantially consistent with the market practice (the “Subsequent CS Projects”); provided that (x) with respect to any Subsequent CS Projects, the average FICO score of the pool for all Eligible CS Projects, including the Initial CS Projects and all Subsequent CS Projects, shall be no less than 700 (provided that any
Sample 1

More Definitions of Acceptable CS Customers

Acceptable CS Customers. “Initial Draw Period” has the meaning set forth in the definition of “Term Loan Commitment Expiration Date”. “Intellectual Property Security Agreement” means, an Intellectual Property Security Agreement among the Borrower, certain Subsidiaries of the Borrower and the Collateral Agent in such form that is reasonably acceptable to the Blackstone Representative and the Collateral Agent. “Intercompany Investment” means any Investment by the Borrower in any Group Member solely for application towards one or more Eligible Projects owned by such Group Member.
Sample 1
Acceptable CS Customers. “Subsequent Draw Period” has the meaning set forth in the definition of “Term Loan Commitment Expiration Date”. “Subsidiary” of a Person means a corporation, partnership, joint venture, limited liability company or other business entity of which (a) a majority of the shares of securities or other interests having ordinary voting power for the election of directors or other governing body (other than securities or interests having such power only by reason of the happening of a contingency) are at the time beneficially owned, (b) more than half of the issued share capital is at the time beneficially owned or (c) the management of which is otherwise controlled, directly or indirectly, through one or more intermediaries, or both, by such Person. Unless otherwise specified, all references herein to a “Subsidiary” or to “Subsidiaries” shall refer to a Subsidiary or Subsidiaries of the Borrower. “Supplemental Agent” has the meaning set forth in Section 10.13(a) and “Supplemental Agents” shall have the corresponding meaning. “SVO” means the Securities Valuation Office of the NAIC. “Swap Contract” means (a) any and all rate swap transactions, basis swaps, credit derivative transactions, forward rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward bond or forward bond price or forward bond index transactions, interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions, currency options, spot contracts, or any other similar transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or subject to any master agreement, and (b) any and all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc., any International Foreign Exchange Master Agreement, or any other master agreement (any such master agreement, together with any related schedules, a “Master Agreement”), including any such obligations or liabilities under any Master Agreement.
Sample 1
Acceptable CS Customers means, as of any date of determination, with respect to an Eligible CS Project, the counterparties to the subscription agreements for such Project as of such date, which counterparties shall (a) have a FICO score of not less than 680, as verified by Experian (or another credit reporting bureau acceptable to the Administrative Agent) with the average of the pool for such Eligible CS Project of no less than 700; provided that Acceptable CS Customers with a FICO of 680-700 must be no more than 10% of the pool for such Eligible CS Project; and (b) be originated and serviced in compliance with all applicable laws and regulations.
Sample 1

Related to Acceptable CS Customers

  • Business Customer means a customer who is not a residential customer.

  • TCP Customers We will not impose Credit Management Charges unless the Charges are a reimbursement of our costs and you are advised of their amount or method of calculation.

  • DMA Customer means a Customer of a Sponsoring Broker where representatives of the Customer that are natural persons are designated by the Sponsoring Broker to have Trading Access to the SEF Platform using the Participant ID of the Sponsoring Broker and where such Customer signs the DMA Customer Documentation.

  • Major Customers has the meaning set forth in Section 5.27.

  • Open Access Customer means a consumer permitted by the Commission to receive supply of electricity from a person, other than Distribution Licensee of his area of supply, and the expression includes a generating company and a Licensee, who has availed of or intends to avail of open access;

  • Indigent Customer means the head of an indigent household:-

  • Eligible Customers means non-residential electric and/or gas Customers of Ameren Illinois. Each application has different eligibility requirements for Delivery Service rates (DS# for electric, GDS# for gas) to be eligible for that program. Refer to the specific program applications to determine if your business is eligible for that application. The Ameren Illinois incentive payments are awarded only to Eligible Customers for equipment that is owned by them and installed in the Ameren Illinois service area at the location that corresponds with the Ameren Illinois account number listed in the Application. All Eligible Customers are ultimately responsible for compliance with these Terms and Conditions.

  • Native Load Customers means the wholesale and retail power customers of a Transmission Owner on whose behalf the Transmission Owner, by statute, franchise, regulatory requirement, or contract, has undertaken an obligation to construct and operate the Transmission Owner’s system to meet the reliable electric needs of such customers.

  • Eligible customer-generator means a customer-generator whose net energy metering system for renewable resources, cogeneration, fuel cells, and microturbines meets all applicable safety and performance standards.

  • wholesale customer means a natural or legal person purchasing electricity for the purpose of resale inside or outside the system where he is established;

  • domestic customer means the occupier of domestic premises;

  • financial service supplier means any natural or juridical person of a Party wishing to supply or supplying financial services but the term “financial service supplier” does not include a public entity;

  • End-Use Customer means a person or entity in Delaware that purchases electrical energy at retail prices from a Retail Electricity Supplier.

  • New Customer has the meaning set forth in Section 17.3(b).

  • END USER CUSTOMER LOCATION means the physical location of the premises where an End User makes use of the telecommunications services.

  • Approved Vendor means a person who has been approved for inclusion on an

  • Major Customer has the meaning set forth in Section 3.22.

  • Retail customer means any person that purchases retail electric energy for its own consumption at

  • Top Customers has the meaning specified in Section 4.28(a).

  • Significant Customers shall have the meaning set forth in Section 3.19.

  • Net metering customer means a customer of the electric distribution company

  • Eligible low-income customer means a customer whose household income does not exceed 150% of the poverty level, as published by the United States Department of Health and Human Services, or who receives any of the following:

  • Eligible Customer means:

  • Credit Card Notification has the meaning assigned to such term in Section 5.11.

  • Interconnection Customer means a Generation Interconnection Customer and/or a Transmission Interconnection Customer.

  • Approved Vendor List means a list of approved vendors established under Section 63G-6a-507.