Common use of Indenture Trustee Cap Clause in Contracts

Indenture Trustee Cap. The amount payable with respect to the Recovery Bonds pursuant to Section 8.02(e)(i) shall not exceed $200,000 annually; provided, however, that the Indenture Trustee Cap shall be disregarded and inapplicable upon the acceleration of the Recovery Bonds following the occurrence of an Event of Default.

Appears in 21 contracts

Samples: Indenture (PACIFIC GAS & ELECTRIC Co), Series Supplement (PACIFIC GAS & ELECTRIC Co), Indenture (PG&E Recovery Funding LLC)

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Indenture Trustee Cap. The amount payable with respect to the Recovery Bonds pursuant to Section 8.02(e)(i) shall not exceed $200,000 [100,000] annually; provided, however, that the Indenture Trustee Cap shall be disregarded and inapplicable upon the acceleration of the Recovery Bonds following the occurrence of an Event of Default.

Appears in 1 contract

Samples: Indenture (RG&E Storm Funding LLC)

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