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ALTERNATIVE ELIGIBLE CREDIT SUPPORT (PAYMENT PERFORMANCE UNSECURED CREDIT ALLOWANCE) AGREEMENT THIS AGREEMENT is made the 7th day of March 2020 PARTIES(1)SOUTHERN WATER SERVICES LIMITED, incorporated
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Alternative eligible credit support refers to additional forms of guarantee or collateral that can be used as a backup for credit support.
Entities that are providing credit support for a financial transaction are required to file alternative eligible credit support.
Alternative eligible credit support can be filled out by providing details of the additional forms of guarantee or collateral being used.
The purpose of alternative eligible credit support is to provide extra security for credit transactions in case the primary credit support fails.
The information reported on alternative eligible credit support includes details of the alternative forms of guarantee or collateral, their value, and their relationship to the transaction.
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