Securitization Bond Charges definition
Securitization Bond Charges means charges imposed upon customers of PG&E where such charges (i) are created pursuant to a “financing order” (as such term is defined in the California Public Utilities Code) or similar order issued by the CPUC, (ii) which charges or the related receivables and the related purchased property are collateral for securities issued by PG&E or a Qualified Securitization Bond Issuer and (iii) do not include any of the following: (A) electrical generation charges, (B) electrical transmission charges, (C) electrical distribution charges, (D) gas generation charges, (E) gas transmission charges and (F) gas distribution charges.
Securitization Bond Charges means charges imposed upon customers of PG&E where such charges (i) are created pursuant to a “financing order” (as such term is defined in the California Public Utilities Code) or similar order issued by the CPUC, (ii) which charges or the related receivables and the related purchased property are collateral for securities issued by PG&E or a Qualified Securitization Bond Issuer and (iii) do not include any of the following:
Securitization Bond Charges means charges imposed upon customers of the Debtor/Seller where such charges (i) are created pursuant to a “financing order” (as such term is defined in the laws authorization utility securitization transactions in Missouri and Kansas) or similar order issued by the Missouri Public Service Commission or State Corporation Commission of the State of Kansas, (ii) which charges or the related receivables and the related purchased property are collateral for securities issued by the Debtor/Seller or a Qualified Securitization Bond Issuer and (iii) do not include any obligation of an Obligor to pay for the delivery or sale by the Debtor/Seller of steam, electricity, steam-related services and electricity-related services to retail customers within its general service area or the Debtor/Seller’s rights to payment of any interest or finance charges in respect of the items described in this clause (iii) or proceeds in respect of the items described in this clause (iii). Capitalized terms used herein but not defined have the meanings given to such terms in the Receivables Sale Agreement.