Under K. S.A. §66-1,252(a), the State of Kansas has pledged that it will not take any action listed in such section or, except for changes made pursuant to the adjustment mechanism authorized under the Securitization Act, reduce, alter or impair the Securitized Utility Tariff Charges until the principal, interest and premium, if any, and any other charges incurred and contracts to be performed in connection with the Securitized Utility Tariff Bonds, have been paid and performed in full.
Appears in 4 contracts
Samples: Securitized Utility Tariff Property Purchase and Sale Agreement (Kansas Gas Service Securitization I, L.L.C.), Securitized Utility Tariff Property Purchase and Sale Agreement (Kansas Gas Service Securitization I, L.L.C.), Purchase and Sale Agreement (Atmos Energy Kansas Securitization I, LLC)