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.

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

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

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

  • Environmental Trust Bonds authenticated and delivered after the execution of any supplemental indenture pursuant to this Article IX may bear a notation as to any matter provided for in such supplemental indenture.

  • All things necessary to (a) make the Environmental Trust Bonds, when executed by the Issuer and authenticated and delivered by the Indenture Trustee hereunder and duly issued by the Issuer, valid obligations, and (b) make this Indenture a valid agreement of the Issuer, in each case, in accordance with their respective terms, have been done.

  • The Issuer has duly authorized the creation of the Environmental Trust Bonds with an initial aggregate principal amount of ${ } to be known as “Environmental Trust Bonds, Series 2021” (the “Environmental Trust Bonds”), and the Issuer and the Indenture Trustee are executing and delivering this Supplement in order to provide for the Environmental Trust Bonds.


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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