Securitized Utility Tariff Property means all “Securitized Utility Tariff Property” as defined in the Securitization Law created pursuant to the Financing Order and sold or otherwise conveyed to the Company under the sale agreement, including the right to impose, collect and receive the securitized utility tariff charges authorized in the financing order.
Securitized Utility Tariff Property means all “securitized utility tariff property” (as defined in K.S.A. § 66-1,240(b)(22) of the Securitization Law) created pursuant to the Financing Order and under the Securitization Law, including the right to impose, bill, charge, collect and receive the Securitized Utility Tariff Charges authorized under the Financing Order and to obtain periodic adjustments of the Securitized Utility Tariff Charges and all revenue, collections, claims, rights to payments, payments, money, or proceeds arising from the rights and interests specified in K.S.A. § 66-1,240(b)(22) of the Securitization Law, regardless of whether such revenues, collections, claims, rights to payments, money, or proceeds are imposed, billed, received, collected, or maintained together with or commingled with other revenues, collections, rights to payment, payments, money or proceeds.
Securitized Utility Tariff Property means all securitized utility tariff property as defined in Section 393.1700(1)(18) of the Securitization Law created pursuant to the Financing Order and sold or otherwise conveyed to the Issuer under the Sale Agreement, including (a) all rights and interests of Evergy Missouri West or its successor or assignee of under the Financing Order, including the right to impose, bill, charge, collect, and receive Securitized Utility Tariff Charges authorized under the Financing Order and to obtain periodic adjustments to such charges as provided in the Financing Order; and (b) all revenues, collections, claims, rights to payments, payments, money, or proceeds arising from the rights and interests specified in the Financing Order, regardless of whether such revenues, collections, claims, rights to payment, payments, money, or proceeds are imposed, billed, received, collected, or maintained together with or commingled with other revenues, collections, rights to payment, payments, money, or proceeds. As used in the Basic Documents, the term “Securitized Utility Tariff Property” when used with respect to Evergy Missouri West includes the contract rights of Evergy Missouri West that exist prior to the time that such rights are first transferred in connection with the issuance of the Securitized Utility Tariff Bonds, at which time they become Securitized Utility Tariff Property in accordance with Section 393.1700.5(2) of the Securitization Law.
Examples of Securitized Utility Tariff Property in a sentence
The Servicer shall follow such customary and usual practices and procedures as it shall deem necessary or advisable in its servicing of all or any portion of the Securitized Utility Tariff Property, which, in the Servicer’s judgment, may include the taking of legal action, at the Issuer’s expense but subject to the priority of payments set forth in Section 8.02(e) of the Indenture.
The Servicer shall promptly report to the Issuer, the Indenture Trustee and the Rating Agencies any failure on its part to hold the Securitized Utility Tariff Property Records and maintain its accounts, records and computer systems as herein provided and promptly take appropriate action to remedy any such failure.
As soon as practicable after receipt by the Servicer of such Termination Notice, the Servicer shall deliver the Securitized Utility Tariff Property Records to the successor Servicer.
Upon instruction from the Indenture Trustee in accordance with the Indenture, the Servicer shall release any Securitized Utility Tariff Property Records to the Indenture Trustee, the Indenture Trustee’s agent or the Indenture Trustee’s designee, as the case may be, at such place or places as the Indenture Trustee may designate, as soon as practicable.
Nothing herein shall be deemed to require an initial review or any periodic review by the Issuer or the Indenture Trustee of the Securitized Utility Tariff Property Records.
More Definitions of Securitized Utility Tariff Property
Securitized Utility Tariff Property means all of Seller’s rights and interest under the Financing Order (including, without limitation, rights to impose, collect and receive the “securitized utility tariff charges” (as defined in the Securitization Act) approved in such Financing Order) issued by the Kansas Commission on August 18, 2022 (Docket No. 22-KGSG-466-TAR) pursuant to the Securitization Act, except the rights of Seller to earn and receive a rate of return on its invested capital in the Issuer, to receive administration and servicer fees, or to use the Seller’s remaining portion of those proceeds.
Securitized Utility Tariff Property when used with respect to Evergy Missouri West includes the contract rights of Evergy Missouri West that exist prior to the time that such rights are first transferred in connection with the issuance of the Securitized Utility Tariff Bonds, at which time they become Securitized Utility Tariff Property in accordance with Section 393.1700.5(2) of the Securitization Law.
Securitized Utility Tariff Property means all securitized utility tariff property as defined in Section 393.1700(1)(18) of the Securitization Law created pursuant to the Financing Order and sold or otherwise conveyed to the Issuer under the Sale Agreement, including (a) all rights and interests of Liberty or its successor or assignee of under the Financing Order, including the right to impose, bill, charge, collect, and receive Securitized Utility Tariff Charges authorized under the Financing Order and to obtain periodic adjustments to such charges as provided in the Financing Order; and (b) all revenues, collections, claims, rights to payments, payments, money, or proceeds arising from the rights and interests specified in the Financing Order, regardless of whether such revenues, collections, claims, rights to payment, payments, money, or proceeds are imposed, billed, received, collected, or maintained together with or commingled with other revenues, collections, rights to payment, payments, money, or proceeds. As used in the Basic Documents, the term “Securitized Utility Tariff Property” when used with respect to Liberty includes the contract rights of Liberty that exist prior to the time that such rights are first transferred in connection with the issuance of the Securitized Utility Tariff Bonds, at which time they become Securitized Utility Tariff Property in accordance with Section 393.1700.5(2) of the Securitization Law.
Securitized Utility Tariff Property when used with respect to Liberty includes the contract rights of Liberty that exist prior to the time that such rights are first transferred in connection with the issuance of the Securitized Utility Tariff Bonds, at which time they become Securitized Utility Tariff Property in accordance with Section 393.1700.5(2) of the Securitization Law.
Securitized Utility Tariff Property means all Securitized Utility Tariff Property as defined in K.S.A. 66-1,240(a)(22). of the Securitization Law created pursuant to the Financing Order and under the Securitization Law, including the right to impose, bill, charge, collect and receive the Securitized Utility Tariff Charges authorized under the Financing Order and to obtain periodic adjustments of the Securitized Utility Tariff Charges and all revenue, collections, claims, rights to payments, payments, money, or proceeds arising from the rights and interests specified in K.S.A. 66-1,240(a)(22) of the Securitization Law, regardless of whether such revenues, collections, claims, rights to payments, money, or proceeds are imposed, billed, received, collected, or maintained together with or commingled with other revenues, collections, rights to payment, payments, money or proceeds.
Securitized Utility Tariff Property means all of Atmos Energy’s rights and interest under the Financing Order (including, without limitation, rights to impose, collect and receive the “securitized utility tariff charges” (as defined in the Securitization Law) approved in such Financing Order) issued by the Kansas Commission on October 25, 2022 (Docket No. 22-ATMG-538-TAR) pursuant to the Securitization Law, except the rights of Atmos Energy to earn and receive a rate of return on its invested capital in the Company, to receive administration and servicer fees, or to use Atmos Energy’s remaining portion of those proceeds, and all revenue, collections, payments, money and proceeds arising out of those rights and interests.
Securitized Utility Tariff Property when used with respect to Ameren Missouri includes the contract rights of Ameren Missouri that exist prior to the time that such rights are first transferred in connection with the issuance of the Securitized Utility Tariff Bonds, at which time they become Securitized Utility Tariff Property in accordance with Section 393.1700.5(2) of the Securitization Law.