CODTConnection-Oriented Data Transfer (computing)
CODTCenter for Optical Diagnostics and Therapy (The Netherlands)
References in periodicals archive ?
While Senari Synergy has indicated that the CODT tariffs are expected to be finalised by end-2013, any further delay in the finalisation of tariffs would weigh on the group's liquidity position and its compliance with its finance service cover ratio (FSCR) covenant.
Notwithstanding concerns that Senari Synergy's standalone credit profile will deteriorate further due to the still unresolved CODT tariff issues, sukukholders' exposure to downside risk in relation to Senari Synergy's credit profile is mitigated by the irrevocable and unconditional guarantee provided by Danajamin.
Although the two offtakers of the oil terminals are very strong credit entities and the parties have entered into 30-year user agreements which wholly mitigate demand risk, Petronas Dagangan Berhad and Shell Timur Sdn Bhd has not made any tariff payments despite the CODT commencing operations on February 3, 2012.