Common use of Commission Condition Clause in Contracts

Commission Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.02, no supplemental indenture or other action to waive a default hereunder that the Issuer determines has a reasonable possibility to impact the rates borne by customers, shall be effective except upon satisfaction of the conditions precedent in this Section 9.03.

Appears in 4 contracts

Samples: Indenture (Duke Energy Progress SC Storm Funding LLC), Indenture (Duke Energy Progress SC Storm Funding LLC), Indenture (Duke Energy Progress SC Storm Funding LLC)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.