Creditworthiness Requirements definition

Creditworthiness Requirements has the meaning set forth in the Tariff.
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Creditworthiness Requirements has the meaning given in Section 11.
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Creditworthiness Requirements means, with respect to any Person, the Index Debt of a Person has a credit rating of Baa3 or better (if issued by Moody’s), or BBB- or better (if issued by S&P or Fitch). For purposes of the foregoing, if only one of Moody’s, S&P or Fitch shall have in effect a credit rating for such Person, then that single credit rating shall be determinative.
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Examples of Creditworthiness Requirements in a sentence

  • Transmission Customers meeting the above Creditworthiness Requirements will be extended credit based on levels specified in the MTF Provider’s Business Practices.

  • Detailed information regarding the MTF Provider’s Creditworthiness Requirements is available in the MTF Provider’s Business Practices as posted on the MTF Transmission Provider Page on the OASIS.

  • A summary of the MTF Provider’s Creditworthiness Requirements are described in this Attachment L to Schedule 18.

  • Biogas Producer shall be responsible for meeting all Creditworthiness Requirements.

  • For this reason I implement a cointegration test that is robust to GARCH effects.

  • With respect to a TCR Account Holder that meets ERCOT creditworthiness requirements pursuant to 16.8.1.5.1, ERCOT Creditworthiness Requirements for TCR Account Holders, such TCR Account Holder shall inform ERCOT within three (3) Business Days if it experiences a material change in its ability to satisfy those credit requirements.

  • Such TCR Account Holder must provide alternative means of security in accordance with subsection 16.8.1.5.3, Alternative Means of Satisfying ERCOT Creditworthiness Requirements.

  • With respect to TCR Account Holders meeting creditworthiness requirements using an alternative means provided in subsection 16.8.1.5.3, Alternative Means of Satisfying ERCOT Creditworthiness Requirements, each TCR Account Holder is responsible, at all times, for maintaining security in an amount at or above its estimated and actual TCR Account Holder auction liability amount.

  • Upon any assignment of this Precedent Agreement or the Firm Transport Agreement by Customer, or a permanent release of all or any portion of Customer’s capacity under the FTSA, Customer’s assignee or permanent replacement Customer, as the case may be, will be required to comply with the Creditworthiness Requirements for the remaining term of, as applicable, this Precedent Agreement or the Firm Transport Agreement.

  • Customer shall be responsible for meeting all Creditworthiness Requirements.


More Definitions of Creditworthiness Requirements

Creditworthiness Requirements has the meaning set forth in Section 10. “Dekatherm” or “Dth” means a thermal unit of natural gas equal to 1,000,000 British thermal units. “FERC” means the Federal Regulatory Energy Commission. “FERC Authorizations” means the FERC Certificate and all other authorizations and approvals from FERC or FERC Staff that are necessary for Pipeline to provide firm transportation service to Customer on the terms and conditions set forth in this Precedent Agreement, that are issued in form and substance acceptable to Pipeline in its reasonable discretion, and that, except to the extent waived by Pipeline in its sole discretion, are final and no longer subject to agency rehearing or reconsideration or court review. “FERC Certificate” means the certificate of public convenience and necessity under § 7(c) of the Natural Gas Act, 15 U.S.C. § 717f(c), in response to the Certificate Application filed by Pipeline for authority to acquire, construct, own, operate, and maintain the Project Facilities and to provide firm transportation service on the terms and conditions set forth in this Precedent Agreement. “FERC Certificate Application” means the application to be submitted by Pipeline for the FERC Certificate. “FERC Staff” means the Staff of the FERC with delegated authority to grant or issue authorizations, waivers, and approvals necessary for the Pipeline to construct, own, operate, and maintain the Project Facilities and to provide the firm transportation service contemplated in this Precedent Agreement. “FTSA” means the Firm Transportation Service Agreement to be entered into by Pipeline and Customer, the form of which is attached hereto as Exhibit A. “FTNRA” means the agreement between Pipeline and Customer detailing the negotiated rate that will apply to service under the FTSA to be entered into by Pipeline and Customer, the form of which is attached hereto as Exhibit B. “Firm Transport Agreement” means the applicable FTSA and FTNRA, together. “In-Service Date” means the date as specified in Pipeline’s final notice to Customer that Pipeline is ready and able to provide service to Customer in accordance with the Firm Transportation Agreement. 2
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Creditworthiness Requirements has the meaning set forth in the
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Creditworthiness Requirements means those requirements specified in Schedule D.
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Creditworthiness Requirements means, with respect to a Person, such Person has a long-term credit rating from at least two (2) of S&P, Xxxxx’x and Fitch that is not lower than the long-term credit ratings assigned by such rating agency (in each case, to the extent such rating agency rates the corporate debt of Intel (or the other Person being replaced in such transaction)) to Intel (or the other Person being replaced in such transaction) immediately preceding such assignment.
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Related to Creditworthiness Requirements

  • OHS Requirements means all Laws applicable to the Supply and related to occupational health or safety, and all of the City Policies that relate to occupational health or safety, and includes without limitation the WCA;

  • Statement of Requirements means a statement issued by the Authority or any Other Contracting Body detailing its Services Requirement issued in accordance with the Ordering Procedure;

  • MREL Requirements means the laws, regulations, requirements, guidelines, rules, standards and policies relating to minimum requirements for own funds and eligible liabilities applicable to the Issuer and/or the Group, from time to time, (including any applicable transitional or grandfathering provisions), including, without limitation to the generality of the foregoing, any delegated or implementing acts (such as regulatory technical standards) adopted by the European Commission and any regulations, requirements, guidelines, rules, standards and policies relating to minimum requirements for own funds and eligible liabilities adopted by the Federal Republic of Germany or the Republic of Italy, a relevant resolution authority or the European Banking Authority from time to time (whether or not such requirements, guidelines or policies are applied generally or specifically to the Issuer and/or the Group), as any of the preceding laws, regulations, requirements, guidelines, rules, standards, policies or interpretations may be amended, supplemented, superseded or replaced from time to time.

  • Perfection Requirements means the making or procuring of filings, stampings, registrations, notarisations, endorsements, translations and/or notifications of any Finance Document (and/or any Security created under it) necessary for the validity, enforceability (as against the relevant Obligor or any relevant third party) and/or perfection of that Finance Document.

  • Listings Requirements means the listings requirements of the JSE from time to time;

  • Operational requirements means the need to ensure that the Agency is to be operated as effectively, efficiently and economically as possible.

  • Services Requirements means the requirements of the Authority or any other Contracting Body (as appropriate) for the Services from time to time;

  • Privacy Requirements means all applicable Privacy Laws and all of the Company’s and the Company Subsidiaries’ policies, notices, and contractual obligations relating to the Processing of Personal Information.

  • Certification Requirements means those requirements specified or referenced in this Agreement that you must meet in order to use and maintain the Certification Designation and use the Logo in accordance with the terms of this Agreement.

  • Risk Retention Requirements means the credit risk retention requirements of Section 15G of the Exchange Act (15 U.S.C. §78o-11), as added by Section 941 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • Security Requirements means the requirements regarding the security of Personal Data, as set out in the Data Protection Laws (including, in particular, the seventh data protection principle of the DPA and/ or the measures set out in Article 32(1) of the GDPR (taking due account of the matters described in Article 32(2) of the GDPR)) as applicable;

  • Design requirements means the written description of the infrastructure facility to be procured pursuant to this article, including:

  • Capital Requirements means, as to any person, any matter, directly or indirectly, (i) regarding capital adequacy, capital ratios, capital requirements, the calculation of such person’s capital or similar matters, or (ii) affecting the amount of capital required to be obtained or maintained by such person or any person controlling such person (including any direct or indirect holding company), or the manner in which such person or any person controlling such person (including any direct or indirect holding company), allocates capital to any of its contingent liabilities (including letters of credit), advances, acceptances, commitments, assets or liabilities.

  • Storage Injection Requirements means all volumes required by the Seller for injection into underground storage, including cushion gas, and for liquification, including fuel used for injection and in liquification plants, or for such other storage projects that may be developed expressly for the protection of supply to high priority users.

  • Applicable Requirements means all applicable federal, state and local laws, regulations, rules, ordinances, codes, decrees, judgments, directives, or judicial or administrative orders, permits, licenses, authorizations, approvals and other duly authorized actions of any federal, state, local or other governmental regulatory or administrative agency, court, commission, department, board, or other governmental subdivision, legislature, rulemaking board, tribunal, or other governmental authority having jurisdiction, NYISO, NYSRC and NPCC requirements, and any applicable reliability standards.

  • Service Requirements means the specification that the Flexibility Services must be capable of meeting, as defined in Schedule 1;

  • Perfection Requirement or “Perfection Requirements” shall have the meaning set forth in Section 4(j) of this Agreement.

  • essential requirements means all the conditions set out in Annex III which must be met by the rail system, the subsystems, and the interoperability constituents, including interfaces;

  • Safety Requirements means Prudent Electrical Practices, CPUC General Order No. 167, Contractor Safety Program Requirements, and all applicable requirements of Law, PG&E, the Utility Distribution Company, the Transmission Provider, Governmental Approvals, the CAISO, CARB, NERC and WECC.

  • Regulatory Capital Requirements means any applicable capital resources requirement or applicable overall financial adequacy rule required by the Relevant Regulator, as such requirements or rule are in force from time to time;

  • continuing airworthiness means all of the processes ensuring that, at any time in its operating life, the aircraft complies with the airworthiness requirements in force and is in a condition for safe operation;

  • Authority Requirements means the operational requirements, functions and characteristics of the Framework set out in Schedule 1 (Statement of Requirements)

  • JSE Listings Requirements means the Listings Requirements of the JSE applicable from time to time;

  • Project Requirements means the statement included in the Request for Proposal detailing the technical and other requirements of Canada which are to be met by the successful Bidder, and which are to be addressed in the Bid;

  • Eligibility Requirements means, with respect to any Person, that such Person has at least $200,000,000 in capital/statutory surplus or shareholders’ equity (except with respect to a pension advisory firm or similar fiduciary) and at least $600,000,000 in total assets (in name or under management), and is regularly engaged in the business of making or owning commercial real estate loans (or interests therein), mezzanine loans (or interests therein) or commercial loans (or interests therein) similar to the Mortgage Loan.

  • Data Protection Requirements means all applicable (i) Data Protection Laws, (ii) Privacy Policies and (iii) those terms of any Contracts imposing obligations on the Company or its Subsidiaries with respect to the Company’s collection, use, storage, disclosure, or cross-border transfer of Personal Data.