Common use of Waterfall Caps Clause in Contracts

Waterfall Caps. The amount payable with respect to the Securitization Bonds pursuant to Section 8.02(e)(i) of the indenture shall not exceed ${ } annually.

Appears in 3 contracts

Samples: Indenture (Consumers Energy Co), Indenture (Consumers Energy Co), Indenture (Consumers 2014 Securitization Funding LLC)

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Waterfall Caps. The amount payable with respect to the Securitization Bonds pursuant to Section 8.02(e)(i) of the indenture Indenture shall not exceed ${ } 500,000 annually.

Appears in 2 contracts

Samples: Series Supplement (Consumers Energy Co), Series Supplement (Consumers Energy Co)

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