Financing Order Irrevocable; Process Valid; No Litigation; Etc. (i) The Financing Order has been issued by the MPSC in accordance with the Statute, and such order and the process by which it was issued comply with all applicable laws, rules and regulations. The Financing Order has become effective pursuant to the Statute and is, and as of the date of issuance of any Securitization Bonds will be, in full force and effect and final and non-appealable.
Appears in 3 contracts
Samples: Detroit Edison Co, Detroit Edison Securitization Funding LLC, Detroit Edison Securitization Funding LLC
Financing Order Irrevocable; Process Valid; No Litigation; Etc. (i) The Financing Order has been issued by the MPSC in accordance with the StatuteCustomer Choice Act, and such order the Financing Order and the process by which it was issued comply with all applicable laws, rules and regulations. The Financing Order has become effective pursuant to the Statute Customer Choice Act and is, is and as of the date of issuance of any Securitization Bonds will be, be in full force and effect and final and non-non- appealable.
Appears in 2 contracts
Samples: Sale Agreement (Consumers Funding LLC), Sale Agreement (Consumers Energy Co Financing V)
Financing Order Irrevocable; Process Valid; No Litigation; Etc. (i) The Financing Order has been issued by the MPSC Commission in accordance with the Statute, and such order and the process by which it was issued comply with all applicable laws, rules and regulations. The Financing Order has become effective pursuant to the Statute and is, and as of the date of issuance of any Securitization the Bonds will be, in full force and effect and final and non-appealable.
Appears in 2 contracts
Financing Order Irrevocable; Process Valid; No Litigation; Etc. (i) The Financing Order has been issued by the MPSC in accordance with the StatuteCustomer Choice Act, and such order the Financing Order and the process by which it was issued comply with all applicable laws, rules and regulations. The Financing Order has become effective pursuant to the Statute Customer Choice Act and is, is and as of the date of issuance of any Securitization Bonds will be, be in full force and effect and final and non-appealable.
Appears in 1 contract
