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.

  • 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.

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

  • 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 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 aggregate Outstanding Amount of Environmental Trust Bonds that may be authenticated and delivered under this Indenture shall not exceed the aggregate of the amount of Environmental Trust Bonds that are authorized in the Financing Order, but otherwise shall be unlimited.

  • Whenever any Environmental Trust Bonds are so surrendered for exchange, the Issuer shall, provided that the requirements of Section 8-401 of the UCC are met, execute, and, upon any such execution, the Indenture Trustee shall authenticate and the Holder shall obtain from the Indenture Trustee, the Environmental Trust Bonds which the Holder making the exchange is entitled to receive.

  • The Indenture Trustee shall not be responsible for the form, character, genuineness, sufficiency, value or validity of any of the Environmental Trust Bond Collateral, or for or in respect of the Environmental Trust Bonds (other than the certificate of authentication for the Environmental Trust Bonds) or the Basic Documents, and the Indenture Trustee shall in no event assume or incur any liability, duty or obligation to any Holder, other than as expressly provided in this Indenture.


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 Deed means the supplemental trust deed which constitutes and secures, inter alia, the Notes, dated 3 November 2016 and made between the Lender, the Trustee and the agents named therein.

  • 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.

  • Certificate Insurer As defined in the Series Supplement.

  • Underlying Securities Trustee means The Bank of New York.

  • 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.

  • Successor Preferred Guarantee Trustee means a successor Preferred Guarantee Trustee possessing the qualifications to act as Preferred Guarantee Trustee under Section 4.1.

  • Preferred Guarantee Trustee means Wilmington Trust Company, until a Successor Preferred Guarantee Trustee has been appointed and has accepted such appointment pursuant to the terms of this Preferred Securities Guarantee and thereafter means each such Successor Preferred Guarantee Trustee.

  • NIM Trustee The trustee for the NIM Securities.

  • Environmental Certificate shall have the meaning set forth in Section 12.2.1.

  • Successor Property Trustee has the meaning specified in Section 6.6(b).

  • COFI Certificates As specified in the Preliminary Statement.

  • Indenture Trust Estate means all money, instruments, rights and other property that are subject or intended to be subject to the lien and security interest of Indenture for the benefit of the Noteholders (including, without limitation, all property and interests Granted to the Indenture Trustee), including all proceeds thereof.

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

  • Capital Securities Guarantee Trustee means The Bank of New York, a New York banking corporation, until a Successor Capital Securities Guarantee Trustee has been appointed and has accepted such appointment pursuant to the terms of this Capital Securities Guarantee and thereafter means each such Successor Capital Securities Guarantee Trustee.

  • Debenture Trustee means The Bank of New York, as trustee under the Indenture until a successor is appointed thereunder, and thereafter means such successor trustee.

  • Senior Notes Trustee means Xxxxx Fargo Bank, National Association, together with its permitted successors and assigns.

  • institutional trustee means the Trustee.

  • Successor Capital Securities Guarantee Trustee means a successor Capital Securities Guarantee Trustee possessing the qualifications to act as Capital Securities Guarantee Trustee under Section 4.1.

  • Certificate Insurer Default The existence and continuance of any of the following:

  • indenture trustee or "institutional trustee" means the Trustee.

  • MAC Notes The Classes of Modifiable And Combinable STACR® Notes shown on

  • Property Trustee means the Person identified as the “Property Trustee” in the Trust Agreement, solely in its capacity as Property Trustee of the Trust under the Trust Agreement and not in its individual capacity, or its successor in interest in such capacity, or any successor Property Trustee appointed as therein provided.

  • Trust Common Securities means the securities representing common undivided beneficial interests in the assets of the Trust.

  • Note Trustee means the Person identified as the “Trustee” in the Indenture, solely in its capacity as Trustee pursuant to the Indenture and not in its individual capacity, or its successor in interest in such capacity, or any successor Trustee appointed as provided in the Indenture.

  • Escrow Trustee means the bank or trust company designated by the Fiscal Officer in the Certificate of Award as the initial escrow agent with respect to the Refunded Bonds under the Escrow Agreement and until a successor Escrow Trustee shall have become such pursuant to the provisions of the Escrow Agreement and, thereafter, "Escrow Trustee" shall mean the successor Escrow Trustee.

  • Mortgage Trustee means the Person serving as trustee at the time under the First Mortgage.