Status of Obligations. The issuance to the Designated Agent of the Senior Bond provides the Lenders, as beneficial holders of the Senior Bond through the Designated Agent, the benefit of the Lien of the FMB Indenture equally and ratably with the holders of other First Mortgage Bonds.
Appears in 5 contracts
Samples: Credit Agreement (PACIFIC GAS & ELECTRIC Co), Credit Agreement (PG&E Corp), Credit Agreement (PACIFIC GAS & ELECTRIC Co)
Status of Obligations. The issuance to the Designated Administrative Agent of the Senior Bond Bonds provides the Lenders, as beneficial holders of the Senior Bond Bonds through the Designated Administrative Agent, the benefit of the Lien of the FMB Indenture equally and ratably with the holders of other First Mortgage Bonds.
Appears in 5 contracts
Samples: Term Loan Credit Agreement (PG&E Corp), Credit Agreement (PACIFIC GAS & ELECTRIC Co), Credit Agreement (PACIFIC GAS & ELECTRIC Co)
Status of Obligations. The issuance to the Designated Administrative Agent of the Senior Bond provides the Lenders, as beneficial holders of the Senior Bond through the Designated Administrative Agent, the benefit of the Lien of the FMB Indenture equally and ratably with the holders of other First Mortgage Bonds.
Appears in 3 contracts
Samples: Credit Agreement (PACIFIC GAS & ELECTRIC Co), Bridge Term Loan Credit Agreement (PACIFIC GAS & ELECTRIC Co), Term Loan Credit Agreement (PG&E Corp)
Status of Obligations. The issuance to the Designated Administrative Agent of the Senior Bond BondsBond provides the Lenders, as beneficial holders of the Senior Bond BondsBond through the Designated Administrative Agent, the benefit of the Lien of the FMB Indenture equally and ratably with the holders of other First Mortgage Bonds.
Appears in 1 contract
