Series Property definition

Series Property means, at any particular time, all assets, properties (whether tangible or intangible, and whether real, personal or mixed) and rights of any type contributed to or acquired by a particular Series and owned or held by or for the account of such Series, whether owned or held by or for the account of such Series as of the date of the designation or establishment thereof or thereafter contributed to or acquired by such Series.

Series Property means Property for the benefit of a particular Series of Nuclear Asset-Recovery Bonds.

Series Property means “recovery property” (as defined in the Wildfire Financing Law) for the benefit of any particular Series of recovery bonds (including the Recovery Bonds and any Additional Recovery Bonds).

Examples of Series Property in a sentence

• Each Member of a Series irrevocably waives any right that it may have to maintain an action for partition with respect to its interest in the Company, any Series or any Series Property.

• Title to and beneficial interest in a Series Property shall be deemed to be held and owned by the relevant Series and no Member or Members of such Series, individually or collectively, shall have any title to or beneficial interest in a specific Series Property or any portion thereof.

• Distributions in kind of the entire or part of a Series Property to Members are prohibited.

• Title to any Series Property, whether real, personal or mixed and whether tangible or intangible, shall be deemed to be owned by the Series to which such asset was contributed or by which such asset was acquired, and none of the Company, any Member, Officer or other Series, individually or collectively, shall have any ownership interest in such Series Property or any portion thereof.

• To the maximum extent permitted by law, each Member hereby waives any right to partition of the Company or a Series Property.

More Definitions of Series Property

Series Property means, at any particular time, all assets, properties (whether tangible or intangible, and whether real, personal or mixed) and rights of any type contributed to or acquired by a particular Series and owned or held by or for the account of such Series, whether owned or held by or for the account of such Series as of the date of the designation or establishment thereof or thereafter contributed to or acquired by such Series. Series Properties means, at any particular time, the Series Property of a Series aggregated with the Series Property of each of the other Series. Series Designation has the meaning assigned to such term in Section 3.3(a).

Series Property means all the real, personal and intangible property owned by any Series of the Company. The Series Property initially allocated to each Series is listed on Exhibit B hereto.

Series Property means all energy transition property as defined in Section 2(I) of the Energy Transition Act created pursuant to the Financing Order and under the Energy Transition Act, including the right to impose, charge, collect and receive the Charges in an amount necessary to provide for full payment and recovery of all energy transition costs identified in the Financing Order, the right under the Financing Order to obtain True-Up Adjustments of the Charges, and all revenues or other proceeds arising from those rights and interests.

Series Property means, at any particular time, all assets, properties (whether tangible or intangible, and whether real, personal or mixed) and rights of any type contributed to or acquired by a particular Series and owned or held by or for the account of such Series, whether owned or held by or for the account of such Series as of the date of the designation or establishment thereof or thereafter contributed to or acquired by such Series. Series Designation has the meaning assigned to such term in Section 3.3(a). Series Interest Ownership Limit shall mean not more than 9.8 percent (in value or in number of Interests, whichever is more restrictive) of the aggregate of the Outstanding Interests in a Series, or such other percentage determined by the Manager in accordance with Section 4.5.

Series Property means any and all property, real or personal, tangible or intangible, that is owned or held by or for a Series or the Trustees on behalf of such Series;

Series Property means, at any particular time, all assets, properties (whether tangible or intangible, and whether real, personal or mixed) and rights of any type contributed to or acquired by a particular Series and owned or held by or for the account of such Series, whether owned or held by or for the account of such Series as of the date of the designation or establishment thereof or thereafter contributed to or acquired by such Series. Series Properties means, at any particular time, the Series Property of a Series aggregated with the Series Property of each of the other Series. Series Designation has the meaning assigned to such term in Section 3.3(a). Series Interest Ownership Limit shall mean not more than 9.8 percent (in value or in number of Interests, whichever is more restrictive) of the aggregate of the Outstanding Interests in a Series, or such other percentage determined by the Managing Member in accordance with Section 4.5.

Series Property means, in relation to an Unsecured Series, the Series Assets and Series Rights for such Unsecured Series.