Restructuring Order definition

Restructuring Order means the decision and order of the BPU issued on March 30, 2001 pursuant to Section 13 of the Competition Act.
Restructuring Order means the order approving the calculation methodology for the Transition Charges and the Adjustment Mechanism related thereto, as provided in this Act. The “Restructuring Order” shall be irrevocable and shall not be subject to further review or amendment by the Commission.
Restructuring Order means the order of the BPU issued on March 7, 2001 pursuant to Section 13 of the Competition Act (N.J.S.A. 48:3-61) with respect to JCP&L.

Examples of Restructuring Order in a sentence

  • Pursuant to the Restructuring Order and this Financing Order, the Company is authorized to file with the Board proposals for mandatory periodic MTC-Tax True-Ups authorized by the Board in the Restructuring Order.

  • The Final Restructuring Order required PECO to reduce its retail electric rates by 8% from the 1996 system-wide average rate on January 1, 1999.

  • On June 19, 1998, the PUC entered its Opinion and Order ("Electricity Restructuring Order") in Electric Utility's restructuring proceeding pursuant to the Electricity Choice Act.

  • On June 29, 2000, the PUC issued the Gas Restructuring Order approving Gas Utility's restructuring plan filed by Gas Utility pursuant to the Gas Competition Act.

  • The Restructuring Order authorizes the MTC-Tax to be collected over essentially the same period as the TBC.

  • The Final Restructuring Order also established market share thresholds to ensure that a minimum number of residential and commercial customers choose an EGS or a PECO affiliate.

  • Pursuant to the Restructuring Order, the Company has been directed to recover the federal income taxes and state corporation business taxes associated with the collection of the TBC and the MTC-Tax through the ongoing collection of the MTC-Tax, until the SPE has received full payment of principal of and interest on the Transition Bonds.

  • The Restructuring Order also directs that the MTC-Tax be subject to mandatory periodic adjustment (at the same time and in the same manner as the TBC) to reconcile the MTC-Tax collections with the income tax required to be assessed on the taxable revenue from the TBC and the MTC-Tax.

  • Under the terms of the Electricity Restructuring Order and in accordance with the Electricity Choice Act, Electric Utility generally could not increase the generation component of prices during the period that stranded costs were being recovered through the CTC.

  • This Financing Order approves as reimbursable transition costs amounts the transition costs approved in the Restructuring Order, the transaction costs of issuance, the ongoing transaction costs, and the cost of any credit enhancement associated with the RRB Transaction (other than credit enhancement obtained because WMECO is making RTC Charge remittances less frequently than daily).


More Definitions of Restructuring Order

Restructuring Order means the order of the BPU issued on March 7, 2001 pursuant to Section 13 of the Competition Act with respect to JCP&L.
Restructuring Order means the restructuring order to be requested by the parties pursuant to the provisions of the Xxxxxxxxx Xxx, 0000 to implement the matters set forth in Part II of this Agreement.
Restructuring Order has the meaning set forth in the Recitals.
Restructuring Order means a restructuring order under section 47 of the Act.

Related to Restructuring Order

  • Financing Order means an order of the commission approving the issuance of securitization bonds and the creation of securitization charges and any corresponding utility rate reductions.

  • Restructuring Transactions means the transactions described in Article IV.B of the Plan.

  • Approval Order means an order entered by the Bankruptcy Court, pursuant to Sections 363 and 365 of the Bankruptcy Code, authorizing and approving, among other things, (a) the sale of the Purchased Assets (b) the assumption of the Assumed Liabilities by Purchaser and (c) the assumption and assignment of the Purchased Contracts, in accordance with the terms and conditions of this Agreement, which will be in a form and substance reasonably acceptable to the Parties.

  • Final Order means, as applicable, an order or judgment of the Bankruptcy Court or other court of competent jurisdiction with respect to the relevant subject matter that has not been reversed, stayed, modified, or amended, and as to which the time to appeal or seek certiorari has expired and no appeal or petition for certiorari has been timely taken, or as to which any appeal that has been taken or any petition for certiorari that has been or may be filed has been resolved by the highest court to which the order or judgment could be appealed or from which certiorari could be sought or the new trial, reargument, or rehearing shall have been denied, resulted in no modification of such order, or has otherwise been dismissed with prejudice.

  • Scheduling Order means the scheduling order to be entered pursuant to Rule 23.1 of the Rules of the Court of Chancery, substantially in the form attached hereto as Exhibit A.

  • Bankruptcy Court has the meaning set forth in the Recitals.

  • Adopting Order means an order of the Bureau adopting the terms of this Consent Decree without change, addition, deletion, or modification.

  • Interim DIP Order means an order of the Bankruptcy Court authorizing, on an interim basis, the DIP Facility and the use of Cash Collateral, and containing provisions granting the adequate protection liens described under “Adequate Protection” below and related adequate protection claims, with only such modifications as are satisfactory to the Required DIP Lenders and the Company in their respective sole discretion.

  • Chapter 11 Cases means (a) when used with reference to a particular Debtor, the case pending for that Debtor under chapter 11 of the Bankruptcy Code in the Bankruptcy Court and (b) when used with reference to all the Debtors, the procedurally consolidated chapter 11 cases pending for the Debtors in the Bankruptcy Court.

  • Final Approval Order means the order and final judgment approving the Settlement Agreement, implementing the terms of this Settlement Agreement, and dismissing the Class Action with prejudice, to be proposed by the Settling Parties for approval by the Court, in substantially the form attached as Exhibit 5 hereto.