Examples of Credit Cover in a sentence

The guideline may include a calculation that should be used by BSCCo when considering if there is an over calculation of Credit Cover Percentage.
Although not part of Settlement, this 'Credit Cover Volume Allocation Run' will be scheduled from, and be part of, the Settlement Calendar.
The CDCA shall always use the latest meter and registration data available at the time a Credit Cover Run is performed; 6.
Rule C1: Introduction 22Rule C2: Invoicing and Payment 23Rule C3: Payment Security 27Rule C4: Credit Cover for Open Season Unit Holders 28Rule C5: Credit Cover for Non-Open Season Users 29Rule C6: Credit Cover provisions common to both Open Season Unit Holders and Non-Open Season Users....................................................................................................................................................................
Where practicable, before invoking this procedure, all affected Parties are expected to use all reasonable endeavours to resolve any queries via internal investigation, involving their own Agents or BSC Agents where appropriate, in accordance with the provisions of the Code1.Where errors are identified in Credit Cover or a Party’s Credit Default status, this procedure, in association with the specific rules contained in Section M of the Code, will apply.

More Definitions of Credit Cover

Credit Cover means any of the following forms of guarantee: (i) a corporate guarantee substantially in the form set out in Schedule 6 (“Corporate Guarantee”), provided by Alon Natural Gas Exploration Ltd. for Dor Gas Exploration Limited Partnership; or (ii) a bank guarantee substantially in the form set out in Schedule 7 (“Bank Guarantee”); or (iii) a Letter of Credit substantially in the form set out in Schedule 8 (“Letter of Credit”), issued by one of the top three (3) Israeli Banks or issued by a non Israeli Bank whose Credit Rating is at least S&P’s rating group “A” or Xxxxx’x rating “A2”.

Credit Cover means any insurance or similar arrangement in respect of credit risk of any Receivable satisfactory to the Factoring Agent.

Credit Cover means any of the following forms of guarantee: (i) a bank guarantee (substantially in the form set out in Schedule 5); or (ii) [***]; or (iii) a Letter of Credit (substantially in the form set out in Schedule 7) issued by a non-Israeli Bank whose international Credit Rating is not less than S&P’s rating group “A+” and Xxxxx’x rating “A1”.

Credit Cover means the credit cover required of and provided by the Participant in a form that meets the requirements of the Code;

Credit Cover has the meaning defined in the CM Payment Regulations;

Credit Cover means an escrow account or a letter of credit; “credit default register” has the meaning given by regulation [51]; “credit period” has the meaning given by regulation [46(1)(b)]; “default amounts” has the meaning given by regulation [47(3)(b)];

Credit Cover means security for payment of amounts owed under these Rulesprovided under Rule C4;