Common use of Outstanding Amount; Authentication and Delivery of Energy Transition Bonds Clause in Contracts

Outstanding Amount; Authentication and Delivery of Energy Transition Bonds. The aggregate Outstanding Amount of Energy Transition Bonds that may be authenticated and delivered under this Indenture shall not exceed the aggregate of the amount of Energy Transition Bonds that are authorized in the Financing Order. Energy Transition Bonds may at any time be executed by the Issuer and delivered to the Indenture Trustee for authentication and thereupon the same shall be authenticated and delivered by the Indenture Trustee upon Issuer Request and upon delivery by the Issuer to the Indenture Trustee of the following:

Appears in 4 contracts

Samples: Intercreditor Agreement (PNM Energy Transition Bond Co I, LLC), Intercreditor Agreement (PNM Energy Transition Bond Co I, LLC), Intercreditor Agreement (PNM Energy Transition Bond Co I, LLC)

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