Waterfall Caps. The amount payable with respect to the Series A Energy Transition Bonds pursuant to Section 8.02(e)(i) of the Indenture shall not exceed $200,000 annually prior to an Event of Default.
Appears in 6 contracts
Sources: Indenture (PNM Energy Transition Bond Co I, LLC), Indenture (PNM Energy Transition Bond Co I, LLC), Indenture (PNM Energy Transition Bond Co I, LLC)