33. How can I make sure that I am complying with the SEC Credit Cover obligations?

Please read the SECAS Credit Cover Guidance which provides an explanation of the SEC Credit Cover requirements in Plain English, and provides helpful worked examples. The SEC Credit Cover obligations are set out in SEC Section J3. It is important that your Party complies with these obligations to avoid entering into an Event of Default of the SEC. If you are unsure whether you are paying the right amount, you can contact the DCC Service Desk.

close slider