Subsequent Transition Property definition

Subsequent Transition Property means Transition Property (identified in the related Bill of Sale) sold by the Seller to the 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.

Subsequent Transition Property or "SUBSEQUENT ITP" means the intangible transition property contemplated by, and specifically described in, a Subsequent Funding Order.

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 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.

• 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.

• 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.

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

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

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

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

• 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.

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 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").

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.