Specified Account Debtor definition

Specified Account Debtor certain Account Debtors (other than Investment Grade Account Debtors) from time to time agreed to in writing by Agent. As of the Closing date, Rockcliff Energy Management and its Subsidiaries shall be Specified Account Debtors.

Specified Account Debtor means each of the Account Debtors listed on Schedule 1.01(c) to the Disclosure Letter, which Schedule may be updated from time to time in the Permitted Discretion of the Administrative Agent with written notice to the Company.

Specified Account Debtor means each of Dynamic Energy Solutions, Halliburton Company, Xxxxx Xxxxxx Co, Schlumberger NV, General Dynamics, NOV Inc., TechnipFMC plc, any other Account Debtor with a corporate credit rating of BBB- or higher by S&P or Baa3 or higher by Xxxxx’x, any Subsidiary of any of the foregoing, or any other Account Debtor for which the Agent has provided its prior written approval.

Examples of Specified Account Debtor in a sentence

• A Missing Notation Fee on any Invoice that is sent by Seller to a Specified Account Debtor without the notice as required by Section 12.3 hereof, in an amount as described in Schedule A.

• Seller shall not, without the prior written consent of Purchaser in each instance, change or modify the terms of the original Invoice or Invoice Documentation relating to any Specified Account Debtor, Purchased Account or Accounts as are listed from time to time on each Schedule of Accounts.

• Tier III Account Debtors: all Account Debtors other than a Specified Account Debtor, Tier I Account Debtors and Tier II Account Debtors.

• Applicable Concentration Percentage: with respect to (a) a Specified Account Debtor, 100%, (b) Tier I Account Debtors, 70%, (c) Tier II Account Debtors, 40% and (d) Tier III Account Debtors, 30%.

More Definitions of Specified Account Debtor

Specified Account Debtor means an Account Debtor named on Schedule S-1 to the Disclosure Letter, as such schedule may be updated from time to time by Administrative Borrower upon notice to, and with the consent of, Agent, in its sole discretion.

Specified Account Debtor means an Account Debtor that, together with its Affiliates, is obligated on Accounts owing to the Borrowers with an aggregate balance of less than $750,000.

Specified Account Debtor means each of EOG Resources and Chevron; provided, that EOG Resources and Chevron shall constitute “Specified Account Debtors” only so long as their respective securities are rated BBB- or better by S&P and Baa3 or better by Moody’s.

Specified Account Debtor means Account Debtors who are Affiliates solely by virtue of the application of clause (a) of the definition thereof (and are not Affiliates by virtue of any other provision of the definition thereof).

Specified Account Debtor means each of EOG Resources and Chevron; provided, that EOG Resources and Chevron shall constitute “Specified Account Debtors” only so long as their respective securities are rated BBB- or better by S&P and Baa3 or better by Xxxxx’x.

Specified Account Debtor means any of Walmart, Target, Amazon, Xxxxxxxx, XxXxx or any other Account Debtor satisfactory to Administrative Agent, in each case, and any of their respective Affiliates.

Specified Account Debtor means each of Dynamic Energy Solutions, Halliburton Company, Baker Hughes Co, Schlumberger NV, General Dynamics, NOV Inc., TechnipFMC plc, any other Account Debtor with a corporate credit rating of BBB- or higher by S&P or Baa3 or higher by Moody’s, any Subsidiary of any of the foregoing, or any other Account Debtor for which the Agent has provided its prior written approval.