Independent Credit Threshold or ICT definition

Independent Credit Threshold or ICT means an amount of credit, based on the creditworthiness of an SSO Supplier or its Guarantor, if applicable, determined pursuant to Section 5.4, granted by Duke Energy Ohio to such SSO Supplier to be applied towards the satisfaction of such SSO Supplier’s Independent Credit Requirement.
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Related to Independent Credit Threshold or ICT

  • Stated Threshold means total losses under the shared loss agreements in the amount of $110,000,000.00.

  • Independent Amount means zero with respect to Party A and Party B.

  • Planned special exposure means an infrequent exposure to radiation, separate from and in addition to the annual occupational dose limits.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $150,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.