Common use of Cost of Debt Index Clause in Contracts

Cost of Debt Index. (a) For purposes of this Annex B to Schedule 7.1, the “Cost of Debt Index” shall mean “Moody’s Daily Long-Term Corporate Bond Yield Averages” for “Utilities” published by Xxxxx’x Investors Services (“Moody’s”) or any successor index published by Moody’s. If the “Moody’s Daily Long-Term Corporate Bond Yield Averages” for “Utilities” or any successor index is no longer published by Moody’s, or the lowest rated senior unsecured debt for WEC (or the Moody’s equivalent rating, if such debt is not rated by Xxxxx’x) is rated below the lowest rating listed on the Cost of Debt Index, then an alternative index shall be used for the Cost of Debt Index which shall be selected by Lessor and approved by the PSCW.

Cost of Debt Index. (a) For purposes of this Annex B to Schedule 7.1, the “"Cost of Debt Index” " shall mean “"Moody’s 's Daily Long-Term Corporate Bond Yield Averages” " for “"Utilities” " published by Xxxxx’x Xxxxx'x Investors Services (“"Moody’s”'s") or any successor index published by Moody’s's. If the “"Moody’s 's Daily Long-Term Corporate Bond Yield Averages” " for “"Utilities” " or any successor index is no longer published by Moody’s's, or the lowest rated senior unsecured debt for WEC (or the Moody’s 's equivalent rating, if such debt is not rated by Xxxxx’xXxxxx'x) is rated below the lowest rating listed on the Cost of Debt Index, then an alternative index shall be used for the Cost of Debt Index which shall be selected by Lessor and approved by the PSCW.