Credit Support Obligations definition

Credit Support Obligations means any obligation(s) to provide or establish credit support for, or on behalf of, a party to this Contract such as cash, an irrevocable standby letter of credit, a margin agreement, a prepayment, a security interest in an asset, guaranty, or other good and sufficient security of a continuing nature.

Credit Support Obligations means any obligation(s) to provide or establish credit support for, or on behalf of, a party to this Contract such as an irrevocable standby letter of credit, a margin agreement, a prepayment, a security interest in an asset, a performance bond, guaranty, or other good and sufficient security of a continuing nature.

Credit Support Obligations means letters of credit, guarantees, surety bonds, trust agreements, accounts receivable recourse and repurchase agreements and other credit support instruments issued by Seller or any of its Affiliates (including the Group Companies) or third parties on behalf of any Group Company or the Business.

Examples of Credit Support Obligations in a sentence

• This REC Collateral requirement is separate from the Credit Support Obligations set forth under Section 8 below and will not be included in the calculation of “Exposure” therein.

• Purchaser shall have provided satisfactory substitute credit support, and Seller and its Affiliates shall have been released from, the Credit Support Obligations.

• Purchaser shall cooperate with Seller and use all commercially reasonable efforts to provide or cause an Affiliate of Purchaser to provide substitute credit support for the Credit Support Obligations and to cause the release of Seller and each Affiliate of Seller from the Credit Support Obligations on or before the Closing Date.

• Section 3.5 Financial Statements; Absence of Undisclosed Liabilities; Credit Support Obligations.

• XXXX Shall Establish General Creditworthiness and Credit Support Obligations XXXX shall consider the creditworthiness and credit support policies, standards and requirements recommended by the NEMS Resource Management Committee.

More Definitions of Credit Support Obligations

Credit Support Obligations has the meaning set forth in Section 7.5.

Credit Support Obligations means letters of credit, guarantees, surety bonds and other credit support instruments issued by Seller or any of its Affiliates or third parties on behalf of Seller with respect to the Business.

Credit Support Obligations means the obligation(s) of SCO Supplier to provide or establish credit support for the Standard Choice Offer as set forth in Columbia’s Tariff.

Credit Support Obligations shall have the meaning set forth in Section 5.16.

Credit Support Obligations means any and all obligations relating to deposits, guaranties, letters of credit, bonds, indemnities, other credit assurances of a comparable nature (including cash posted as credit support) made or issued by or on behalf of Seller or any Affiliate of Seller for the benefit of the Project.

Credit Support Obligations means the credit support and guarantee obligations described in Schedule 1.1(a).

Credit Support Obligations means financial support provided to secure the obligations of a party to this Contract such as a Letter of Credit, a margin agreement, a prepayment, a security interest in an asset, a performance bond, guaranty, or other good and sufficient security of a continuing nature as mutually agreed on by the parties, and any obligation(s) in respect of the foregoing, all of which obligations and security shall be provided at the sole expense of the party whose credit is being supported in a form, substance and amount that is reasonably acceptable to the other party and consistent with credit and collateral requirements set-forth herein; provided that DEO shall have no obligation to provide or establish Credit Support Obligations under this Contract so long as it continues to perform in compliance with the Program. The following definitions are added to the end of Section 2: