Environmental Trust Bonds definition

Environmental Trust Bonds means bonds, debentures, notes, certificates of participation, certificates of beneficial inter- est, certificates of ownership, or other evidences of indebtedness that are issued by an energy utility or an assignee, the proceeds of which are used directly or indirectly to recover, finance, or refi- nance environmental control costs and financing costs, and that are secured by or payable from environmental control property.
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Environmental Trust Bonds has the meaning assigned to such term in Section 196.027 of the Wisconsin Statutes or any successor thereto.
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Environmental Trust Bonds means the environmental trust bonds authorized by the Financing Order and issuance pursuant to this Indenture.
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Examples of Environmental Trust Bonds in a sentence

  • The waiver and release are part of the consideration for issuance of the Environmental Trust Bonds.

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

  • This Supplement amends, modifies and supplements the Indenture only insofar as it relates to the Environmental Trust Bonds.

  • Section 9.01 of the Indenture provides, among other things, that the Issuer and the Indenture Trustee may at any time enter into an indenture supplemental to the Indenture for the purposes of authorizing the issuance by the Issuer of the Environmental Trust Bonds and specifying the terms thereof.

  • The Indenture Trustee shall deliver the Environmental Trust Bonds to the Issuer when authenticated in accordance with Section 2.03 of the Indenture.

  • The Indenture Trustee, as indenture trustee on behalf of the Secured Parties of the Environmental Trust Bonds, acknowledges such Grant and accepts the trusts under this Supplement and the Indenture in accordance with the provisions of this Supplement and the Indenture.

  • The Environmental Trust Bonds shall be issuable in denominations of $100,000 and integral multiples of $1,000 in excess thereof, except for one bond, which may be a smaller denomination (the “Minimum Denominations”).

  • The amount payable with respect to the Environmental Trust Bonds pursuant to Section 8.02(e)(i) of the Indenture shall not exceed $50,000 with respect to any Payment Date.

  • At any time and from time to time after the execution and delivery of this Indenture, the Issuer may deliver Environmental Trust Bonds executed by the Issuer to the Indenture Trustee pursuant to an Issuer Order for authentication; and the Indenture Trustee shall authenticate and deliver the Environmental Trust Bonds as in this Indenture provided and not otherwise.

  • The Environmental Trust Bonds that are authenticated and delivered by the Indenture Trustee to or upon the order of the Issuer on [_____], 2021 (the “Closing Date”) shall have as their date of authentication [______], 2021.


More Definitions of Environmental Trust Bonds

Environmental Trust Bonds mean the environmental trust bonds to be issued by the Company pursuant to that certain Financing Order, dated November 17, 2020, Docket 6630-ET-101, of the Public Service Commission of Wisconsin.
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Related to Environmental Trust Bonds

  • Supplemental Trust Agreement means any trust agreement then in full force and effect which has been duly executed and delivered by the Authority and the Trustee amendatory hereof or supplemental hereto; but only if and to the extent that such Supplemental Trust Agreement is executed and delivered pursuant to the provisions hereof.

  • Bond Trustee means the company designated as such in the preamble to these Bond Terms, or any successor, acting for and on behalf of the Bondholders in accordance with these Bond Terms.

  • Preferred Securities has the meaning specified in the first recital of this Indenture.

  • Debenture Trustee means Wilmington Trust Company, as trustee under the Indenture until a successor is appointed thereunder, and thereafter means such successor trustee.

  • institutional trustee means the Trustee.

  • indenture trustee or “institutional trustee” means the Trustee.