Deferred Fuel Cost Bonds definition

Deferred Fuel Cost Bonds means the 2024 Senior Secured Deferred Fuel Cost Bonds issued by the Issuer on the Closing Date.
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Deferred Fuel Cost Bonds means bonds debentures, notes, certificates of participation, certificates of
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Deferred Fuel Cost Bonds means bonds debentures, notes, certificates of participation, certificates of beneficial interest, certificates of ownership, or other evidences of indebtedness or ownership that are issued in one or more series or tranches by an electric utility or its assignee pursuant to a financing order, the proceeds of which are used directly or indirectly to recover, finance, or refinance Commission-approved deferred fuel costs and financing costs, and that are secured by or payable from deferred fuel cost property. If certificates of participation or ownership are issued, references in this section to principal, interest, or premium shall be construed to refer to comparable amounts under those certificates.
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Examples of Deferred Fuel Cost Bonds in a sentence

  • The waiver and release are part of the consideration for issuance of the Deferred Fuel Cost Bonds.

  • In case of conflict between the terms and conditions contained in the Securities and those contained in the Indenture, as modified and amended by this First Supplemental Indenture, the provisions of the Indenture, as modified and amended by this First Supplemental Indenture, shall control.

  • The Deferred Fuel Cost Bonds shall be issuable in denominations of $2,000 and integral multiples of $1,000 in excess thereof, except for one bond, which may be a smaller denomination (the “Authorized Denominations”).

  • The Indenture Trustee shall deliver the Deferred Fuel Cost Bonds to the Issuer when authenticated in accordance with Section 2.03 of the Indenture.

  • The Deferred Fuel Cost Bonds shall be Book-Entry Deferred Fuel Cost Bonds, and the applicable provisions of Section 2.11 of the Indenture shall apply to the Deferred Fuel Cost Bonds.

  • Periodic Interest; Book-Entry Deferred Fuel Cost Bonds; Indenture Trustee Caps.

  • This Supplement amends, modifies and supplements the Indenture only insofar as it relates to the Deferred Fuel Cost Bonds.

  • The foregoing Grant is made in trust to secure the Secured Obligations equally and ratably without prejudice, priority or distinction, except as expressly provided in the Indenture, to secure compliance with the provisions of the Indenture with respect to the Deferred Fuel Cost Bonds, all as provided in the Indenture and to secure the performance by the Issuer of all of its obligations under the Indenture.

  • The Deferred Fuel Cost Bonds shall be designated generally as the 2024 Senior Secured Deferred Fuel Cost Bonds, and further denominated as Tranches A-1 and A-2.

  • The Deferred Fuel Cost Bonds of each Tranche shall be in the form of Exhibit A to the Indenture.

Related to Deferred Fuel Cost Bonds

  • Renewable energy project means (A) a project

  • Fuel Cost Policy means the document provided by a Market Seller to PJM and the Market Monitoring Unit in accordance with PJM Manual 15 and Operating Agreement, Schedule 2, which documents the Market Seller’s method used to price fuel for calculation of the Market Seller’s cost-based offer(s) for a generation resource.

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • Renewable energy facility means an electric generation unit or other facility or installation that produces electric energy using a Renewable Energy Source.

  • Resource recovery facility means a solid waste facility

  • Short-Term Resource Procurement Target means, for Delivery Years through May 31, 2018, as to the PJM Region, for purposes of the Base Residual Auction, 2.5% of the PJM Region Reliability Requirement determined for such Base Residual Auction, for purposes of the First Incremental Auction, 2% of the of the PJM Region Reliability Requirement as calculated at the time of the Base Residual Auction; and, for purposes of the Second Incremental Auction, 1.5% of the of the PJM Region Reliability Requirement as calculated at the time of the Base Residual Auction; and, as to any Zone, an allocation of the PJM Region Short-Term Resource Procurement Target based on the Preliminary Zonal Forecast Peak Load, reduced by the amount of load served under the FRR Alternative. For any LDA, the LDA Short-Term Resource Procurement Target shall be the sum of the Short-Term Resource Procurement Targets of all Zones in the LDA.

  • Day-ahead System Energy Price means the System Energy Price resulting from the Day- ahead Energy Market.

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.

  • Revenue bonds means revenue bonds authorized to be issued pursuant to this Act.