Common use of Purpose; Nature of Business Permitted; Powers Clause in Contracts

Purpose; Nature of Business Permitted; Powers. The Company is intended to qualify as an “Assignee” as defined in Va. Code § 56-249:2 O. The purposes for which the Company is formed are limited to:

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Virginia Power Fuel Securitization, LLC), Limited Liability Company Agreement (Virginia Power Fuel Securitization, LLC)

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Purpose; Nature of Business Permitted; Powers. The Company is intended to qualify as an “Assignee” as defined in Va. Code § 56Section 24-249:2 O. 2-4f(b)(3) of the Securitization Law. The purposes for which the Company is formed are limited to:

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Appalachian Consumer Rate Relief Funding LLC), Limited Liability Company Agreement (Appalachian Consumer Rate Relief Funding LLC)

Purpose; Nature of Business Permitted; Powers. The Company is intended to qualify as an “Assigneeassignee” as defined in Va. Code § 56-249:2 O. Section 196.027(1)(b) of the Statute. The purposes for which the Company is formed are limited to:

Appears in 1 contract

Samples: Limited Liability Company Agreement (WEPCo Environmental Trust Finance I, LLC)

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Purpose; Nature of Business Permitted; Powers. The Company is intended to qualify as an “Assignee” as defined in Va. Code § 56-249:2 O. Section 4928.23(B) of the Securitization Law. The purposes for which the Company is formed are limited to:

Appears in 1 contract

Samples: Limited Liability Company Agreement (Ohio Phase-in-Recovery Funding LLC)

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