Electric Light and Power System definition

Electric Light and Power System has the meaning set forth in the Ordinance.
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Electric Light and Power System. Rating” of such Rating Agency) and (y) the long-term credit rating assigned by such Rating Agency to the City’s Separate Lien Obligations payable solely from the Net Revenues of the Waterworks and Sewer System (without regard to any bond insurance or other credit enhancement) (the “Waterworks and Sewer System Rating” of such Rating Agency). If both Electric Light and Power System Ratings and Waterworks and Sewer System Ratings are assigned by all three Rating Agencies, then the Facility Fee Rate shall be based upon the Level in which the Applicable Ratings appear; provided that if there is a split in the Applicable Ratings of the Rating Agencies (i.e., the Applicable Rating of one Rating Agency is at a different Level than the Applicable Rating of any other Rating Agency), then, (i) if two of the Applicable Ratings are equivalent, the Facility Fee Rate shall be based upon the Level in which the two equivalent Applicable Ratings appear, and (ii) if no two Applicable Ratings are equivalent, the Facility Fee Rate shall be based upon the Level in which the middle Applicable Rating appears. If fewer than all three Rating Agencies provide both Electric Light and Power System Ratings and Waterworks and Sewer System Ratings, then the Facility Fee Rate shall be based upon the Level in which the lowest Applicable Rating appears. Any change in the Facility Fee Rate resulting from a change in an Applicable Rating shall be and become effective as of and on the date of the public announcement of the change in such Applicable Rating. References to the ratings above are references to rating categories as presently determined by the Rating Agencies and in the event of adoption of any new or changed rating system by any such Rating Agency, including, without limitation, any recalibration of the applicable rating in connection with the adoption of a “global” rating scale, the rating from the Rating Agency in question referred to above shall be deemed to refer to the rating category under the new rating system which most closely approximates the applicable rating category as currently in effect. The City acknowledges, and the Bank agrees, that as of the date hereof the Facility Fee Rate is that specified above for Level I. Upon the occurrence and during the continuance of an Event of Default, the Facility Fee Rate shall automatically, immediately and without notice be increased from the rate then in effect by an additional one percent (1.00%). The Facility Fees shall accrue i...
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Examples of Electric Light and Power System in a sentence

  • The City's Electric Light and Power System General Obligation Debt has been issued to finance or refinance Electric Light and Power System improvements, and is being paid or is expected to be paid, from revenues derived from the Lubbock Power and Light System.

  • The component unit boards are appointed by City Council and their activities benefit the City by promoting growth and development opportunities.Joint Venture:The City of Floresville Electric Light and Power System (F.E.L.P.S.) is a municipally owned electric light and power distribution system which serves most of Wilson County, and portions of Bexar and Karnes Counties including the cities of Floresville, Stockdale and Poth.

  • In anticipation of moving the remaining load of approximately 30 percent into ERCOT by the Summer of 2023, City Council approved an ordinance, on June 28, 2022, providing for the issuance of Electric Light and Power System Revenue Bonds in the amount of $160 million.

  • Discuss and take action on a budget amendment recommendation for Lubbock Power & Light’s adopted FY 2011-2012 budget to fully fund all capital projects for FY 2011-2012 from cash and to retire all debt obligations related to the “Electric Light and Power System Revenue bonds, Series 2001” and the “Tax and Electric Light and Power System Surplus Revenue Certificates of Obligation, Series 2003”.

  • Presentation and discussion regarding the extension of the Commitment Expiration Date of the Note Purchase Agreement for City of Lubbock, Texas, Electric Light and Power System Revenue Revolving Notes, the reduction of the Available Commitment under such Agreement, the amendment of the substitute index for floating rate notes, and other necessary and appropriate amendments approved by the City Council of the City of Lubbock.

  • An ordinance providing for the issuance of City of Lubbock, Texas, Electric Light and Power System Revenue Bonds, in an aggregate principal amount not to exceed $90 million; providing for the award of the sale thereof in accordance with specified parameters; authorizing the execution and delivery of a paying agent/registrar agreement; approving the official statement; approving execution of a bond purchase contract; and enacting other provisions relating thereto.

  • Consider a resolution authorizing the publication of Notice of Intention to Issue Electric Light and Power System Revenue Bonds; and take appropriate action.

  • Resolution - Finance: Consider a resolution authorizing publication of Notices of Intention to Issue Tax and Waterworks System Surplus Revenue Certificates of Obligation, General Obligation Bonds, and Electric Light and Power System revenue bonds.5. 4.

  • Sealed bids addressed to the General Manager’s Office, Floresville Electric Light and Power System, 1400 Fourth St (physical), P.O. Box 218 (mailing), Floresville, Texas, 78114 will be received until 2:30 p.m., Thursday, January 4, 2018.

  • The City shall provide notice to the Bank prior to the creation by the City of an independent board to govern the Electric Light and Power System and shall provide to the Bank such information in connection therewith as the Bank may reasonably request.

Related to Electric Light and Power System

  • Electric power generator means an entity that proposes to

  • Electric power train means the electrical circuit which includes the traction motor(s), and may include the REESS, the electric energy conversion system, the electronic converters, the associated wiring harness and connectors, and the coupling system for charging the REESS.

  • electric line means any line which is used for carrying electricity for any purpose and includes:

  • Electric power supplier means a person or entity that is duly

  • Power boiler means a boiler in which steam or other vapor is generated at a pressure of more than 15 psig for use external to itself or a boiler in which water is heated and intended for operation at pressures in excess of 160 psig and/or temperatures in excess of 250 degrees F by the direct application of energy from the combustion of fuels or from electricity, solar or nuclear energy.

  • Hydroelectric energy means water used as the sole source of energy to produce electricity.

  • Natural gas utility means an investor-owned business engaged in the sale and distribution of natural gas within this state whose rates are regulated by the commission.

  • Repower means to replace an existing engine with a newer, cleaner engine or power source that is certified by EPA and, if applicable, CARB, to meet a more stringent set of engine emission standards. Repower includes, but is not limited to, diesel engine replacement with an engine certified for use with diesel or a clean alternate fuel, diesel engine replacement with an electric power source (e.g., grid, battery), diesel engine replacement with a fuel cell, diesel engine replacement with an electric generator(s) (genset), diesel engine upgrades in Ferries/Tugs with an EPA Certified Remanufacture System, and/or diesel engine upgrades in Ferries/Tugs with an EPA Verified Engine Upgrade. All-Electric and fuel cell Repowers do not require EPA or CARB certification.

  • fire hydrant means a fire plug or fixed pillar fire hydrant;

  • Power Station means the generating station as described in Recital A or a Unit thereof, and shall include the Dedicated Transmission System, Project Assets, Project Facilities;

  • Electric bicycle means a “class 1 electric bicycle”, a “class 2 electric bicycle”, or a “class 3 electric bicycle” as defined in this section. (ORC 4511.01(RRR))

  • Nontransient noncommunity water system means a public water system that is not a community water system and that regularly serves at least the same 25 persons over 6 months per year.

  • Capacity Interconnection Rights means the rights to input generation as a Generation Capacity Resource into the Transmission System at the Point of Interconnection where the generating facilities connect to the Transmission System.

  • Electric utility steam generating unit means any steam electric generating unit that is constructed for the purpose of supplying more than one-third of its potential electric output capacity and more than 25 MW electrical output to any utility power distribution system for sale. Any steam supplied to a steam distribution system for the purpose of providing steam to a steam-electric generator that would produce electrical energy for sale is also considered in determining the electrical energy output capacity of the affected facility.

  • Station Power means energy used for operating the electric equipment on the site of a generation facility located in the PJM Region or for the heating, lighting, air-conditioning and office equipment needs of buildings on the site of such a generation facility that are used in the operation, maintenance, or repair of the facility. Station Power does not include any energy (i) used to power synchronous condensers; (ii) used for pumping at a pumped storage facility; (iii) used in association with restoration or black start service; or (iv) that is Direct Charging Energy.

  • Electric power-assisted bicycle means a vehicle that travels on not more than three wheels in

  • cogeneration means the simultaneous generation in one process of thermal energy and electrical or mechanical energy;

  • Natural gas company ’ means a person engaged in the transportation of natural gas in interstate commerce, or the sale in inter- state commerce of such gas for resale.

  • Water utility means a public utility as defined in

  • connection pipe means a pipe, the ownership of which is vested in the municipality and installed by it for the purpose of conveying water from a main to a water installation, and includes a “communication pipe” referred to in SANS 0252 Part I;

  • Design torso angle means the angle measures between a vertical line through the "R" point and the torso line in a position which corresponds to the design position of the seat-back established by the vehicle manufacturer;

  • Local Utility Services XOOM is an independent retail marketer of natural gas & electricity and is not affiliated with your local utility. Your local utility will continue to deliver your gas, read your meter, send your bill, and make necessary repairs. Your local utility will also respond to emergencies and provide other basic utility services as required. XOOM is not an agent of your local utility and your utility will not be liable for any of XOOM’s acts, omissions, or representations. Price:Your rate for gas purchases will be a fixed price of $0.4490 per therm, plus taxes and fees, if applicable, and a monthly administrative fee of $2.99. You will continue to be responsible for all charges assessed by your local utility for all services it provides, including any other fees or taxes specifically associated with services it continues to provide during the term of this Agreement, including transportation charges payable for Core Aggregation Service.

  • Utility Company means a municipal corporation or commission or a company or individual operating or using communications services, water services or sewage services, or transmitting, distributing or supplying any substance or form of energy for light, heat or power; (“entreprise de services publics”)

  • Noncommunity water system means a public water system that is not a community water system.

  • Renewable energy resources means energy derived from solar, wind, geothermal, biomass, and hydroelectricity. A fuel cell using hydrogen derived from these eligible resources is also an eligible electric generation technology. Fossil and nuclear fuels and their derivatives are not eligible resources.

  • Geothermal energy means energy contained in heat that continuously flows outward from the earth that is used as the sole source of energy to produce electricity.