RATE REDUCTION BOND PROPERTY definition

RATE REDUCTION BOND PROPERTY means all charges, receivables, similar amounts or any other property of the Company authorized by appropriate State or other legislation, order, rule, statute, decree or judgment to be collected by the Company or any other party from its customers or any other party as security for, or to assure the payment of principal of, and premium and interest on, Rate Reduction Bonds and obligations relating thereto.

RATE REDUCTION BOND PROPERTY means the property rights constituted in the rate reduction bond fee in accordance with Part IV and includes the proceeds of the rate reduction bond property whether in moneys, revenues or property;