Securitization Act means the “Louisiana Electric Utility Storm Recovery Securitization Act,” codified at La. R.S. 45:1226-1240, as amended.

Securitization Act means Indiana Code § 8-1-40.5, authorizing the securitization of certain generating facilities and qualified extraordinary costs, and providing for the approval and issuance of securitization bonds.

Securitization Act shall have the meaning specified in Section 13.18.

Examples of Securitization Act in a sentence

The preceding sentence is the statement referred to in Section 1230 of the Securitization Act.
The Servicer hereby agrees that it shall not take any action that is not authorized by this Agreement, the Securitization Act or the Financing Order, that is not consistent with its customary procedures and practices, or that shall impair the rights of the Issuer with respect to the Storm Recovery Property, in each case unless such action is required by law or court or regulatory order.
The Issuer shall have made or caused to be made all filings with the Louisiana Filing Officer pursuant to the Financing Order and the Securitization Act and all other filings necessary to perfect the Grant of the Trust Estate to the Indenture Trustee and the Lien of this Indenture and the Series Supplement, including UCC financing statements in Louisiana.
The Seller will use the proceeds from the sale of the Storm Recovery Property to the Issuer in accordance with the Financing Order and the Securitization Act.
Such sale, transfer, assignment, setting over and conveyance of the Storm Recovery Property is hereby expressly stated to be a sale or other absolute transfer and, pursuant to Section 1230(1) of the Securitization Act and other applicable law, is an absolute transfer and true sale and is not a secured transaction and title and ownership has passed to the Issuer.

More Definitions of Securitization Act

Securitization Act means P.L. 2002. ch. 84, N.J.S.A.

Securitization Act or “Securitization Law” means K.S.A. §§66-1,240 through 66-1,253, also known as the Kansas Utility Financing and Securitization Act, authorizing the securitization of certain generating facilities and qualified extraordinary costs, and providing for the approval and issuance of securitized utility tariff bonds.

Securitization Act has the meaning set forth in Section 2.3(e).

Securitization Act means the Louisiana Electric Utility Storm Recovery Securitization Act, codified at La. R.S. 45:1226-1240, the Louisiana legislation adopted in May 2006 and amended in June 2021, providing for a financing mechanism through which electric utilities can use securitization financing for storm recovery costs.

Securitization Act means the laws of the State of Kansas adopted in 2021 enacted at Kansas Statutes Annotated (“K.S.A.”) 66-1,240 et. seq.

Securitization Act means Section 00-00-000 through Section 00-00-000, inclusive, of the Arkansas Code Annotated.

Securitization Act means Senate Enrolled Act 386 (2021), codified at Indiana Code chapter 8-1-40.5.