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.
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.