Examples of Transaction Description in a sentence
PSNH is authorized to enter into a Servicing Agreement and Administration Agreement with the SPE to consummate the RRB Transaction and to implement this Finance Order, as described in the Transaction Description.
The Commission also finds that the risk of interruption may increase the risk to investors, potentially reducing the credit ratings and increasing the cost of the RRBs. The standards for such procedures set forth in the Transaction Description are consistent with those imposed by public utility commissions in connection with recent securitization approvals of similar size and complexity.
The RRB Charge billing, collection, and remittance procedures to be imposed upon any approved TPS, as set forth in the Transaction Description, are commercially reasonable and comply with the provisions of RSA 369-B:4, IV.
The financial accounting treatment proposed by PSNH for the RRBs and the RRB Transaction, as described in the Transaction Description, is reasonable, consistent with the public good, and is hereby approved.
The use of proceeds by the SPE and PSNH, as described in the Transaction Description is just and reasonable.
These processes and activities include: (1) Product Definitions; (2) Allocation Methodology; (3) Commercial Processes; (4) Transaction Description; and (5) Resource Listing.
The RRB Charges to be established, adjusted, maintained, and collected from all retail customers during the term that the RRBs are outstanding in accordance with the terms of RSA Chapter 369-B, and as described in the Transaction Description, are just and reasonable.
The creation of one or more bankruptcy-remote SPEs in accordance with the Transaction Description, to which the RRB Property subject to this Finance Order may be sold, is hereby approved.The capitalization by PSNH of the SPE, in accordance with the Transaction Description and Findings, is hereby approved.
The RRB Charges to be established, adjusted, maintained, and collected from all retail customers during the term that the RRBs are outstanding (in accordance with the terms of RSA Chapter 369-B), the Transaction Description, and the Findings are just and reasonable and are hereby approved.The initial RRB Charges, as determined in accordance with the Transaction Description and RSA Chapter 369-B, and to be filed in the Issuance Advice Letter, are just and reasonable and are hereby approved.
Capitalized terms used but not defined herein shall have the meanings assigned to them in the Transaction Description and the Summary of Principal Terms and Conditions attached hereto as Exhibit B (the “Term Sheet” and, together with the Transaction Description and this commitment letter, the “Commitment Letter”).