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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Examples of Independent Credit Threshold or ICT in a sentence

  • Independent Credit Threshold or ICT- Amount of credit, based on the creditworthiness of a DS Supplier or its Guarantor, if applicable, determined pursuant to Section 6.4, granted by the Industrial Class - Group of Rate Schedules that comprise the Industrial Class for the DS Supply and itemized in Appendix C.

  • Independent Credit Threshold or ICT - Amount of credit, based on the creditworthiness of a SSO Supplier or its Guarantor, if applicable, determined pursuant to Section 6.4, granted by the Company to such SSO Supplier to be applied towards the satisfaction of such SSO Supplier’s Independent Credit Requirement.

Related to Independent Credit Threshold or ICT

  • Materiality Threshold means limits for related party transactions beyond which the shareholders' approval will be required as specified in Companies Act, 2013 and rules thereof and amendments thereto.

  • Alteration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Indemnity Threshold has the meaning set forth in Section 9.3.

  • Adjusted Total Term Loan Commitment means at any time the Total Term Loan Commitment less the Term Loan Commitments of all Defaulting Lenders.

  • Restoration Threshold means, with respect to each Individual Property, an amount equal to 5% of the outstanding principal amount of the Allocated Loan Amount attributable to such Individual Property.