Common use of State Pledge Clause in Contracts

State Pledge. At the Closing Date, under the laws of the State of Illinois and the United States in effect on the Closing Date, the State of Illinois has agreed with the Holders, pursuant to Section 18-105(b) of the Funding Law, as follows:

Appears in 8 contracts

Samples: Indenture (Comed Funding LLC), Indenture (Comed Funding LLC), Indenture (Illinois Power Securitization Limited Liability Co)

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State Pledge. At the Closing Date, under Under the laws of the State of Illinois and the United States in effect on the Closing Date, the State of Illinois has agreed with the Holders, pursuant to Section 18-105(b) of the Funding Law, as follows:

Appears in 2 contracts

Samples: Grant Agreement (Illinois Power Securitization Limited Liability Co), Comed Funding LLC

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