Subsequent Transition Property definition

Subsequent Transition Property means Transition Property (identified in the related Xxxx of Sale) sold by the Seller to the Note Issuer as of a Subsequent Transfer Date pursuant to the Sale Agreement.
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Subsequent Transition Property means any transition property as defined in Section 840 of the PU Code sold to the Note Issuer by the Seller pursuant to an agreement substantially similar to the Sale Agreement (a "Subsequent Sale Agreement") created under the PU Code and the Financing Order and specifically described in the related Issuance Advice Letter.
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Subsequent Transition Property or "SUBSEQUENT ITP" means the intangible transition property contemplated by, and specifically described in, a Subsequent Funding Order.
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Examples of Subsequent Transition Property in a sentence

  • The Grantee shall not engage in any business other than acquiring, owning, financing, transferring, assigning and otherwise managing the 1998 Transition Property and Related Assets, and any Subsequent Intangible Transition Property and Subsequent Related Assets, in the manner contemplated by this Agreement and the Basic Documents (or in a similar manner, in the case of Subsequent Transition Property and Subsequent Related Assets) and activities incidental thereto.

  • The terms of the Xxxx of Sale with respect to such Subsequent Transition Property shall be binding as if set forth herein.

  • The Seller may from time to time offer to sell, transfer, assign, set over and convey Subsequent Transition Property to the Issuer, subject to the conditions specified in Section 2.03.

  • If any such offer is accepted by the Issuer, such Subsequent Transition Property shall be, subject to the satisfaction or waiver of the conditions specified in Section 2.03, sold, transferred, assigned, set over and conveyed to the Issuer effective on the Subsequent Transfer Date specified in the related Addition Notice.

  • Purchase of Subsequent Transition Property..................................

  • The Servicer makes the following representations and warranties, as of the Closing Date, as of each Subsequent Transfer Date relating to the sale of Subsequent Transition Property, and as of such other dates as expressly provided in this Section 6.01, on which the Issuer and the Indenture Trustee are deemed to have relied in entering into this Agreement relating to the servicing of the Transition Property.

  • The Servicer makes the following representations and warranties, as of the Closing Date, as of each Subsequent Transfer Date relating to the sale of Subsequent Transition Property, and as of such other dates as expressly provided in this Section 6.01, on which the Note Issuer and the Indenture Trustee are deemed to have relied in entering into this Agreement relating to the servicing of the Transition Property.

  • The ------------------------------------------- Servicer makes the following representations and warranties, as of the Closing Date, as of each Subsequent Sale Date relating to the sale of Subsequent Transition Property pursuant to a Subsequent Sale Agreement, and as of such other dates as expressly provided in this Section 6.01, on which the Note Issuer and the Note Trustee is deemed to have relied in entering into this Agreement relating to the servicing of the Transition Property.

  • The Issuer does hereby purchase the [Original] [Subsequent] Transition Property from the Seller for the consideration set forth in the preceding paragraph.

  • The Seller and the Issuer each acknowledge and agree that the purchase price for the [Original] [Subsequent] Transition Property sold pursuant to this Xxxx of Sale and the Sale Agreement is equal to its fair market value at the time of sale.


More Definitions of Subsequent Transition Property

Subsequent Transition Property means any transition property (as defined ------------------------------ in Section 840 of the California Public Utilities Code, as amended from time to time (the "PU Code")) created under the PU Code and the Financing Order and specifically described in the related issuance advice letter and sold to SCE Funding LLC by Southern California Edison Company pursuant to an agreement substantially similar to the Sale Agreement (a "Subsequent Sale Agreement"). ------------------------- "Transition Property" means the "Transition Property" contemplated by the ------------------- Financing Order and specifically described in the Issuance Advice Letter. The Transition Property includes, without limitation, the right, title and interest of Southern California Edison Company or its transferee (i) in and to the tariffs and charges set forth in the Issuance Advice Letter, as adjusted from time to time, (ii) to be paid all revenues, collections, claims, payments, money or proceeds of or arising from or constituting such tariffs and charges, and (iii) in and to all rights to obtain adjustments to such tariffs and charges.
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Subsequent Transition Property means any transition property (as defined ------------------------------ in Section 840 of the California Public Utilities Code, as amended from time to time (the "PU Code")) created under the PU Code and the Financing Order and specifically described in the related issuance advice letter and sold to SDG&E Funding LLC by San Diego Gas and Electric Company pursuant to an agreement substantially similar to the Sale Agreement (a "Subsequent Sale Agreement").
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Related to Subsequent Transition Property

  • Subsequent Transfer Date With respect to each Subsequent Transfer Instrument, the date on which the related Subsequent Mortgage Loans are sold to the Trust Fund.

  • Transition Property means the property right created by a financing order, including without

  • Subsequent Transfer Instrument: Each Subsequent Transfer Instrument, dated as of a Subsequent Transfer Date, executed by the Trustee and the Depositor substantially in the form attached hereto as Exhibit I, by which Subsequent Loans are transferred to the Trust Fund.

  • Subsequent Transfer Instrument Each Subsequent Transfer Instrument, dated as of a Subsequent Transfer Date, executed by the Trustee and the Depositor substantially in the form attached hereto as Exhibit Q, by which Subsequent Mortgage Loans are transferred to the Trust Fund.

  • Subsequent Transfer Agreement A Subsequent Transfer Agreement substantially in the form of Exhibit P hereto, executed and delivered by the Sellers, the Depositor and the Trustee as provided in Section 2.01(d).

  • Subsequent Transaction has the meaning set forth in Section 1.08.

  • Bondable transition property means the property consisting of

  • Subsequent Transferee has the meaning set forth in Section 4.06(b).

  • Specified Property means property for which an election has been made for a special elective benefit.

  • Contractor-acquired property means property acquired, fabricated, or otherwise provided by the Contractor for performing a contract, and to which the Government has title.

  • Term SOFR Transition Event means the determination by the Administrative Agent that (a) Term SOFR has been recommended for use by the Relevant Governmental Body, (b) the administration of Term SOFR is administratively feasible for the Administrative Agent and (c) a Benchmark Transition Event or an Early Opt-in Election, as applicable, has previously occurred resulting in a Benchmark Replacement in accordance with Section 2.14 that is not Term SOFR.

  • Post-Event Transferee shall have the meaning set forth in Section 7(e) hereof.

  • Document Transfer Event As defined in the Pooling and Servicing Agreement.

  • Pre-Event Transferee shall have the meaning set forth in Section 7(e) hereof.

  • Target Business Acquisition Period means the period commencing from the effectiveness of the registration statement filed with the SEC in connection with the Company's IPO up to and including the first to occur of (i) a Business Combination; or (ii) the Termination Date.

  • Replacement Transaction means, with respect to any Terminated Transaction or group of Terminated Transactions, a transaction or group of transactions that (i) would have the effect of preserving for Party B the economic equivalent of any payment or delivery (whether the underlying obligation was absolute or contingent and assuming the satisfaction of each applicable condition precedent) by the parties under Section 2(a)(i) in respect of such Terminated Transaction or group of Terminated Transactions that would, but for the occurrence of the relevant Early Termination Date, have been required after that Date, and (ii) has terms which are substantially the same as this Agreement, including, without limitation, rating triggers, Regulation AB compliance, and credit support documentation, save for the exclusion of provisions relating to Transactions that are not Terminated Transaction, as determined by Party B in its sole discretion, acting in a commercially reasonable manner.

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • Commitment Transfer Supplement means a document in the form of Exhibit 16.3 hereto, properly completed and otherwise in form and substance satisfactory to Agent by which the Purchasing Lender purchases and assumes a portion of the obligation of Lenders to make Advances under this Agreement.

  • Specified Acquisition Agreement Representations means such of the representations and warranties in the Acquisition Agreement made by the Acquired Company with respect to the Acquired Company and its subsidiaries as are material to the interests of the Lenders, but only to the extent that the Borrower (and/or its applicable Affiliate) has the right to terminate its and/or such Affiliate’s obligations under the Acquisition Agreement as a result of a breach of such representations in the Acquisition Agreement.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • After-Acquired Property means any and all assets or property acquired after the date of this Indenture, including any property or assets acquired by the Company or a Guarantor from another Guarantor, which in each case constitutes Collateral.

  • Acquired Property shall have the meaning set forth in Section 5.1.10(h)(i) hereof.

  • Excluded Real Property means (a) any fee-owned real property with a purchase price (in the case of real property acquired after the Effective Date) or Fair Market Value (in the case of real property owned as of the Effective Date, with Fair Market Value determined as of the Effective Date) of less than $3,500,000 individually, (b) any real property that is subject to a Lien permitted by Sections 6.02(iv), (xix), (xxii), (xxiii), (xxviii) or (xxxi), (c) any real property with respect to which, in the reasonable judgment of the Term Administrative Agent (confirmed by notice to the Borrower) the cost (including as a result of adverse tax consequences) of providing a Mortgage shall be excessive in view of the benefits to be obtained by the Lenders, (d) any real property to the extent providing a mortgage on such real property would (i) be prohibited or limited by any applicable law, rule or regulation (but only so long as such prohibition or limitation is in effect), (ii) violate a contractual obligation to the owners of such real property (other than any such owners that are the Borrower or Affiliates of the Borrower) that is binding on or relating to such real property (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code) but only to the extent such contractual obligation was not incurred in anticipation of this provision or (iii) give any other party (other than the Borrower or a wholly-owned Restricted Subsidiary of the Borrower) to any contract, agreement, instrument or indenture governing such real property the right to terminate its obligations thereunder (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code or other applicable law) and (e) any Leasehold.

  • Relevant Transfer Date means, in relation to a Relevant Transfer, the date upon which the Relevant Transfer takes place;

  • Modified Commitment Transfer Supplement shall have the meaning set forth in Section 16.3(d) hereof.