Conditions to Defeasance. The Issuer may exercise the Legal Defeasance Option or the Covenant Defeasance Option with respect to any Series of Transition Bonds only if:
Appears in 13 contracts
Samples: Indenture (Aep Texas Central Co), Section Indenture (Aep Texas Central Co), Indenture (Peco Energy Transition Trust)
Conditions to Defeasance. (a) The Issuer may exercise the Legal Defeasance Option or the Covenant Defeasance Option with respect to any Series of Transition Bonds only if:
Appears in 5 contracts
Samples: Sale Agreement, Servicing Agreement (Atlantic City Electric Transition Funding LLC), Indenture (Jcp&l Transition Funding LLC), Indenture (Atlantic City Electric Transition Funding LLC)
Conditions to Defeasance. (a) The Issuer may exercise the Legal Defeasance Option or the Covenant Defeasance Option with respect to any Series of Transition Securitization Bonds only if:
Appears in 3 contracts
Samples: Consumers Energy Co Financing V, Consumers Funding LLC, Consumers Funding LLC
Conditions to Defeasance. The Issuer may exercise the Legal Defeasance Option or the Covenant Defeasance Option with respect to any Series of Transition Bonds only if:
Appears in 3 contracts
Samples: Transition Property Servicing Agreement (Oncor Electric Delivery Transition Bond Co LLC), Transition Property Servicing Agreement (Oncor Electric Delivery Transition Bond Co LLC), Transition Property Servicing Agreement (Oncor Electric Delivery Transition Bond Co LLC)
Conditions to Defeasance. The Issuer may exercise the Legal Defeasance Option or the Covenant Defeasance Option with respect to any Series of Transition Bonds only if:
Appears in 3 contracts
Samples: Indenture (AEP Transition Funding III LLC), Indenture (AEP Transition Funding III LLC), Indenture (AEP Transition Funding III LLC)
Conditions to Defeasance. (a) The Issuer may exercise the Legal Defeasance Option or the Covenant Defeasance Option with respect to any Series of BGS Transition Bonds only if:
Appears in 2 contracts
Samples: PSE&G Transition Funding II LLC, PSE&G Transition Funding II LLC
Conditions to Defeasance. The Issuer may exercise the Legal Defeasance Option or the Covenant Defeasance Option with respect to any Series of Transition Rate Stabilization Bonds only if:
Appears in 2 contracts
Samples: Indenture (RSB Bondco LLC), Indenture (RSB Bondco LLC)
Conditions to Defeasance. The Issuer may exercise the Legal Defeasance Option or the Covenant Defeasance Option with respect to any Series of the Transition Bonds only if:
Appears in 1 contract
