Expected Sinking Fund Schedule for Principal. Unless an Event of Default shall have occurred and be continuing, on each Payment Date, the Indenture Trustee shall distribute to the Holders of record as of the related Record Date amounts payable pursuant to Section 8.02(e) of the Indenture as principal, in the following order and priority: {(1) to the holders of the Series {__}, tranche {__} Storm Recovery Bonds, until the Outstanding Amount of such Series {__}, tranche {__} Storm Recovery Bonds thereof has been reduced to zero; (2) to the holders of the Series {__}, tranche {__}Storm Recovery Bonds, until the Outstanding Amount of such Series {__}, tranche {__} Storm Recovery Bonds thereof has been reduced to zero; and (3) to the holders of the Series {__}, tranche {__} Storm Recovery Bonds, until the Outstanding Amount of such Series {__}, tranche {__} of Storm Recovery Bonds thereof has been reduced to zero; ; provided, however, that in no event shall a principal payment pursuant to this Section 3(c) on any tranche on a Payment Date be greater than the amount necessary to reduce the Outstanding Amount of such tranche of Storm Recovery Bonds to the amount specified in the Expected Sinking Fund Schedule that is attached as Schedule A hereto for such tranche and Payment Date}.
Expected Sinking Fund Schedule for Principal. Unless an Event of Default shall have occurred and be continuing and the unpaid principal amount of all Series of Environmental Control Bonds has been declared to be due and payable together with accrued and unpaid interest thereon, on each Payment Date, the Indenture Trustee shall distribute to the Series [ ] Environmental Control Bondholders of record as of the related Record Date amounts payable in respect of the Series [ ] Environmental Control Bonds pursuant to Section 8.02(e) of the Indenture as principal, in accordance with the Expected Sinking Fund Schedule. To the extent that more than one Tranche of the Series [ ] Environmental Control Bonds is to receive payments of principal in accordance with the Expected Sinking Fund Schedule on any Payment Date, such amounts will be allocated in a sequential manner, to the extent funds are available, as follows: (i) to the holders of the Series [ ] Environmental Control Bonds, Tranche [A-1], until this Tranche is retired in full; (ii) to the holders of the Series [ ] Environmental Control Bonds, Tranche [A-2], until this Tranche is retired in full; (iii) to the holders of the Series [ ] Environmental Control Bonds, Tranche [A-3], until this Tranche is retired in full; and (iv) to the holders of the Series [ ] Environmental Control Bonds, Tranche [A-4], until this Tranche if retired in full; provided, however, that other than in the event of an acceleration upon an Event of Default in no event shall a principal payment pursuant to this Section 4(b) on any Tranche on a Payment Date be greater than the amount that reduces the Outstanding Amount of such Tranche of Series [ ] Environmental Control Bonds to the amount specified in the Expected Sinking Fund Schedule which is attached as Schedule A hereto for such Tranche and Payment Date. If an Event of Default shall have occurred and be continuing and the unpaid principal amount of all Series of Environmental Control Bonds has been declared to be due and payable together with accrued and unpaid interest thereon, principal payments on each Tranche of Series [ ] Environmental Control Bonds will be made on a pro rata basis based on the respective Tranche Principal Balances for each such Tranche as of the prior Payment Date. Not later than each Schedule Revision Date, the Issuer shall deliver to the Indenture Trustee a replacement Schedule A hereto, adjusted to reflect the event giving rise to such Schedule Revision Date and setting forth the Expected Sinking Fund Sch...
Expected Sinking Fund Schedule for Principal. Unless an Event of Default shall have occurred and be continuing, on each Payment Date, the Indenture Trustee shall distribute to the Holders of record as of the related Record Date amounts payable pursuant to Section 8.02(e) of the Indenture as principal, to the holders of the Series A, Storm Recovery Bonds, until the Outstanding Amount of such Series A, Storm Recovery Bonds thereof has been reduced to zero; provided, however, that in no event shall a principal payment pursuant to this Section 3(c) on a Payment Date be greater than the amount necessary to reduce the Outstanding Amount of Storm Recovery Bonds to the amount specified in the Expected Sinking Fund Schedule that is attached as Schedule A hereto and Payment Date.
Expected Sinking Fund Schedule for Principal. Unless an Event of Default shall have occurred and be continuing, on each Payment Date, the Indenture Trustee shall distribute to the Holders of record as of the related Record Date amounts payable pursuant to Section 8.02(e) of the Indenture as principal, in the following order and priority: (1) to the holders of the Tranche A-1 Deferred Fuel Cost Bonds, until the Outstanding Amount of such Tranche A-1 Deferred Fuel Cost Bonds thereof has been reduced to zero and (2) to the holders of the Tranche A-2 Deferred Fuel Cost Bonds, until the Outstanding Amount of such Tranche A-2 Deferred Fuel Cost Bonds thereof has been reduced to zero; provided, however, that in no event shall a principal payment pursuant to this Section 3(c) on any Tranche on a Payment Date be greater than the amount necessary to reduce the Outstanding Amount of such Tranche of Deferred Fuel Cost Bonds to the amount specified in the Expected Sinking Fund Schedule that is attached as Schedule A hereto for such Tranche and Payment Date.
Expected Sinking Fund Schedule for Principal. Unless an Event of Default shall have occurred and be continuing, on each Payment Date, the Indenture Trustee shall distribute to the Holders of record as of the related Record Date amounts payable pursuant to Section 8.02(e) of the Indenture as principal, in the following order and priority: {(1) to the holders of the Series { }, WAL { } Nuclear Asset-Recovery Bonds, until the Outstanding Amount of such Series { }, WAL { } Nuclear Asset-Recovery Bonds thereof has been reduced to zero; (2) to the holders of the Series { }, WAL { }Nuclear Asset-Recovery Bonds, until the Outstanding Amount of such Series { }, WSL { } Nuclear Asset-Recovery Bonds thereof has been reduced to zero; (3) to the holders of the Series { }, WAL { } Nuclear Asset-Recovery Bonds, until the Outstanding Amount of such Series { }, WAL { } of Nuclear Asset-Recovery Bonds thereof has been reduced to zero; and (4) to the holders of the Series { }, WAL { } Nuclear Asset-Recovery Bonds, until the Outstanding Amount of such Series { }, WAL { } of Nuclear Asset-Recovery Bonds thereof has been reduced to zero; provided, however, that in no event shall a principal payment pursuant to this Section 3(c) on any WAL on a Payment Date be greater than the amount necessary to reduce the Outstanding Amount of such WAL of Nuclear Asset-Recovery Bonds to the amount specified in the Expected Sinking Fund Schedule that is attached as Schedule A hereto for such WAL and Payment Date}.
Expected Sinking Fund Schedule for Principal. Unless an Event of Default shall have occurred and be continuing, on each Payment Date, the Indenture Trustee shall distribute to the Holders of record as of the related Record Date amounts payable pursuant to Section 8.02(e) of the Indenture as principal, in the following order and priority: {(1) to the holders of the Series 2023-A, Tranche {A-1} Securitization Bonds, until the Outstanding Amount of the Series 2023-A, Tranche {A-1} Securitization Bonds thereof has been reduced to zero; and (2) to the holders of the Series 2023-A, Tranche {A-2} Securitization Bonds, until the Outstanding Amount of the Series 2023-A, Tranche {A-2} Securitization Bonds thereof has been reduced to zero; provided, however, that in no event shall a principal payment pursuant to this Section 3(c) on any tranche on a Payment Date be greater than the amount necessary to reduce the Outstanding Amount of such tranche of Series 2023-A Securitization Bonds to the amount specified in the Expected Amortization Schedule that is attached as Schedule A hereto for such tranche and Payment Date.
Expected Sinking Fund Schedule for Principal. Unless an Event of Default shall have occurred and be continuing, on each Payment Date, the Indenture Trustee shall distribute to the Holders of record as of the related Record Date amounts payable pursuant to Section 8.02(e) of the Indenture as principal, in the following order and priority: (1) to the holders of the Series A, tranche A-1 Storm Recovery Bonds, until the Outstanding Amount of such Series A, tranche A-1 Storm Recovery Bonds thereof has been reduced to zero; and (2) to the holders of the Series A, tranche A-2 Storm Recovery Bonds, until the Outstanding Amount of such Series A, tranche A-2 Storm Recovery Bonds thereof has been reduced to zero; provided, however, that in no event shall a principal payment pursuant to this Section 3(c) on any tranche on a Payment Date be greater than the amount necessary to reduce the Outstanding Amount of such tranche of Storm Recovery Bonds to the amount specified in the Expected Sinking Fund Schedule that is attached as Schedule A hereto for such tranche and Payment Date.
Expected Sinking Fund Schedule for Principal. Unless an Event of Default shall have occurred and be continuing on each Payment Date, the Indenture Trustee shall distribute to the Holders of record as of the related Record Date amounts payable pursuant to Section 8.02(e) of the Indenture as principal to the holders of the Recovery Bonds, until the Outstanding Amount of the Recovery Bonds thereof has been reduced to zero; provided, however, that in no event shall a principal payment pursuant to this Section 3(c) on a Payment Date be greater than the amount necessary to reduce the Outstanding Amount of Recovery Bonds to the amount specified in the Expected Amortization Schedule set forth on Schedule A hereto for such Payment Date.
