FERC Limit definition

FERC Limit means, as to the Borrowing Subsidiary, $1,000,000,000, as such amount may be modified from time to time by any FERC Order issued by FERC to the Borrowing Subsidiary.
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FERC Limit means, as to each Borrower, the amount set forth below opposite the name of such Borrower: Borrower FERC Limit CIPS $ 250,000,000 CILCO $ 250,000,000 “First Mortgage Bonds” means bonds or other indebtedness issued by CIPS, CILCO or IP, as applicable, pursuant to the CILCO Indenture, the CIPS Indenture or the IP Indenture, respectively.
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FERC Limit means, as to each Borrowing Subsidiary, the amount set forth below opposite the name of such Borrowing Subsidiary: Borrowing Subsidiary FERC Limit Union Electric $1,000,000,000 Genco $ 300,000,000 CIPS $ 250,000,000 CILCO $ 250,000,000
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Examples of FERC Limit in a sentence

  • The FERC has issued a FERC Order dated March 31, 2010, with respect to the Borrowing Subsidiary, which is in full force and effect, authorizing the incurrence of short-term indebtedness by the Borrowing Subsidiary in an aggregate principal amount outstanding not to exceed its FERC Limit.

  • The FERC, in accordance with the Federal Power Act, has (i) granted blanket authorization to IP to issue securities and assume liabilities, including borrowing under this Agreement, and (ii) issued an order authorizing the incurrence of short-term indebtedness by each of the other Borrowing Subsidiaries in an aggregate principal amount outstanding not to exceed its FERC Limit, subject to, among other things, the condition that all such indebtedness be issued on or before March 31, 2008.

  • The FERC, in accordance with the Federal Power Act, has issued an order authorizing the incurrence of short-term indebtedness by each of the Borrowing Subsidiaries in an aggregate principal amount outstanding not to exceed its FERC Limit, subject to, among other things, the condition that all such indebtedness be issued on or before March 31, 2010.


More Definitions of FERC Limit

FERC Limit means, as to each Borrowing Subsidiary, the amount set forth below opposite the name of such Borrowing Subsidiary:
Sample 1
FERC Limit means, (a) prior to the consummation of the Illinois Merger, as to each Borrowing Subsidiary, the amount set forth below opposite the name of such Borrowing Subsidiary: Borrowing Subsidiary FERC Limit CIPS $ 300,000,000 CILCO $ 250,000,000 IP Unlimited in each case, as such amount may be modified from time to time by any FERC Order issued by FERC to such Borrowing Subsidiary and (b) from and after the consummation of the Illinois Merger, (i) the amount with respect to the Borrowing Subsidiary that is the surviving corporation as shall be set forth in any effective FERC Order issued by FERC to such Borrowing Subsidiary or (ii) prior to the time at which an effective FERC Order is issued by FERC to such Borrowing Subsidiary, the FERC Limit then in effect with respect to CIPS.
Sample 1
FERC Limit means, as to each Borrower, the amount set forth below opposite the name of such Borrower: Borrower FERC Limit CIPS $ 250,000,000 CILCO $ 250,000,000
Sample 1
FERC Limit means as to each Illinois Utility (other than IP), the amount set forth below opposite the name of such Illinois Utility: Illinois Utility FERC Limit CIPS $ 250,000,000 CILCO $ 250,000,000
Sample 1

Related to FERC Limit

  • Prescribed Limit means ten per cent (10%) of the issued ordinary share capital of the Company as at the date of passing of this resolution unless the Company has effected a reduction of the share capital of the Company in accordance with the applicable provisions of the Companies Law, at any time during the Relevant Period, in which event the issued ordinary share capital of the Company shall be taken to be the amount of the issued ordinary share capital of the Company as altered (excluding any treasury share that may be held by the Company from time to time); and

  • Effluent limitation means any restriction imposed by the Director on quantities, discharge rates, and concentrations of pollutants that are discharged from point sources into waters of the United States, the waters of the contiguous zone, or the ocean.

  • emission factor means the average emission rate of a greenhouse gas relative to the activity data of a source stream assuming complete oxidation for combustion and complete conversion for all other chemical reactions;

  • LC Commitment means that portion of the Aggregate Revolving Commitments that may be used by the Borrower for the issuance of Letters of Credit in an aggregate face amount not to exceed $20,000,000.

  • Total Suspended Solids means measure of all suspended solids in a liquid; typically expressed in mg/L.