Power Mortgage definition

Power Mortgage means the Indenture of Mortgage, dated as of July 1, 1950, between Power (successor to Cleco Utility Group Inc., formerly Central Louisiana Electric Company, Inc.) and The Bank of New York Mellon Trust Company, N.A. (formerly The Bank of New York Trust Company, N.A., successor to X.X. Xxxxxx Trust Company, N.A., successor to Bank One Trust Company, N.A., formerly The National Bank of Commerce in New Orleans), as Trustee thereunder, as amended, modified, supplemented, renewed, restated, refinanced or replaced from time to time.

Examples of Power Mortgage in a sentence

• The required amount of such collateral is at least equal to the Original Additional Collateral Requirement for such Parent Power Mortgage Loan.

• FOR -------------------------------------------------------------- SECURITIES ACCOUNT: With respect to a Parent Power Mortgage Loan, an ------------------ agreement between MLCC and a guarantor on behalf of the Mortgagor under such Parent Power Mortgage Loan pursuant to which such guarantor guarantees the payment of certain losses under such Parent Power Mortgage Loan and has granted a security interest to MLCC in certain marketable securities to collateralize such guaranty.

• Until the earlier of (x) termination of the Merger agreement or (y) consummation of the Merger and the Exchange, Nevada Power covenants that it will abide by, maintain and keep all covenants made by it in the Nevada Power Mortgage to the Trustee for the benefit of the holders of the Bonds, including the covenants set forth in Article VI of the Nevada Power Mortgage.

• Exchange Bank hereby consents to the granting by Borrower of the Central Illinois Power Mortgage, and agrees that such mortgage shall not constitute a breach of or default under the Exchange Bank Mortgage.

• As of the Funding Date, no mortgage or financing statement or other instrument or recordation covering all or any part of the property or assets of Borrower is on file in any recording office, except such as may have been filed in favor of Agent (or the trustee under the Deeds of Trust) and in favor of Virginia Power under the Virginia Power Mortgage.

• No mortgage or financing statement or other instrument or recordation covering all or any part of the property or assets of Borrower is on file in any recording office, except such as may have been filed in favor of Agent (or the trustee under the Deeds of Trust) and in favor of Virginia Power under the Virginia Power Mortgage.

• Revolving Credit Facility* $ 0 Term B Loan $ 195 Second Secured Notes $ 1,450 Senior Notes/Debentures $ 1,391 Other $ 200 Illinova Senior Notes $ 95 Illinois Power Mortgage Bonds $ 1,535 TFNs $ 468 Tilton Lease $ 81 Preferred Stock(1) $ 11 Dynegy Power Corp.