Examples of Collateral Threshold in a sentence
If Seller is relying on a Guarantor for purposes of its Collateral Threshold in accordance with Section 8.1, then Seller will provide, concurrently with the execution and delivery of the Agreement, a Guaranty.
Not Applicable Not Applicable Applicable under EEI Applicable under EEI Applicable under ISDA Applicable under ISDA Applicable Standalone Applicable Standalone If Applicable Standalone, complete the following: If Applicable Standalone, complete the following: Party B Collateral Threshold: $____________; provided, however, that Party B’s Collateral Threshold is zero if an Event of Default or Potential Event of Default with respect to Party B has occurred and is continuing.
Party A Collateral Threshold: $__________ provided, however, that Party A’s Collateral Threshold is zero if an Event of Default or Potential Event of Default with respect to Party A has occurred and is continuing.
The aggregate unsecured credit that Party A (together with its Affiliates) or its Guarantor, as the case may be, may have under all Supply Contracts (including the Agreement) will be limited by the highest Maximum Collateral Threshold Amount in any Supply Contract of Party A (together with its Affiliates) or its Guarantor.
Credit Rating of Party A/Party A’s Guarantor Party A Maximum Collateral Threshold Amount S&P Moody’s Xxxxx BBB- or above Baa3 or above BBB- or above $2,500,000 Below BBB- Below Baa3 Below BBB- 0 If Party A, or its Guarantor, is rated by only one rating agency, that rating will be used.