Transitional Funding Instruments definition

Transitional Funding Instruments means any instruments, pass-through certificates, notes, debentures, certificates of participation, bonds, certificates of beneficial interest or other evidences of indebtedness or instruments evidencing a beneficial interest which (i) are issued pursuant to a "transitional funding order" (as such term is defined in Section 18- 102 of the Illinois Public Utilities Act, as amended) issued by the Illinois Commerce Commission at the request of an electric utility and (ii) are secured by or otherwise payable from non-bypassable cent per kilowatt hour charges authorized pursuant to such order to be applied and invoiced to customers of such utility. The instrument funding charges so applied and invoiced must be deducted and stated separately from the other charges invoiced by such utility against its customers.
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Transitional Funding Instruments means any instruments,
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Transitional Funding Instruments means (i) those transitional funding instruments issued in connection with the Transitional Funding Order issued by the ICC on September 10, 1998 and that certain Indenture dated December 1, 1998 between Illinois Power Special Purpose Trust and Harris Trust and Savings Bank, in each case as the same may be amendex xx xodified from time to time, and (ii) any other transitional funding instruments (as defined in the Electric Utility Transitional Funding Law, Section 220 ILCS 5/18-101 et seq.) issued by or on behalf of Seller, or whose proceeds are received by or on behalf of Seller, after the date hereof and prior to Closing.
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Examples of Transitional Funding Instruments in a sentence

  • ComEd proposes a capital structure with a common equity ratio of 46.01%, which ComEd indicates appropriate pro forma adjustments to the long-term debt balance to take into account principal repayments scheduled through December 31, 2002 on Transitional Funding Instruments Notes (“TFI”).

  • As long as any Transitional Funding Instruments are outstanding, Seller shall not (a) cause or allow any transmission revenues due to Buyer to be reduced or impaired by or on account of any credit or claim under the TFO Documents, (b) on account of any credit or claim under the TFO Documents, reduce or offset any amount due from Seller to Buyer for transmission services performed by Buyer, or (c) seek to impose on Buyer any obligations as successor, or as a successor servicer, under the TFO Documents.

  • Topic 4: Use of Transitional Funding Instruments (Securitization)Section 16-130(a)(4) of the PUA requires utilities to provide information about the use of transitional funding instruments (“TFIs”).

  • REPORTABLE CONDITION: CFDA Number 20.205: Highway Planning and Construction Pass-through Agency Number: STP-U-3827(604)-70-77 Federal Award Year: 2004U.S. Department of TransportationPassed through the Iowa Department of Transportation III-A-04 Compliance Monitoring – The City is required to comply with Federal requirements pertaining to Davis-Bacon, Reporting and Special Tests and Provisions for materials testing.

  • At Buyer's request made no later than thirty (30) days after the date of this Agreement, Seller shall use Best Efforts to seek a final and non-appealable order of the ICC confirming that Buyer's receipt of revenues under its tariffs for transmission services provided using Purchased Assets are not subject to claim by holders of Transitional Funding Instruments.


More Definitions of Transitional Funding Instruments

Transitional Funding Instruments means any instruments, pass-through certificates, notes, debentures, certificates of participation, bonds, certificates of beneficial interest or other evidences of indebtedness or instruments evidencing a beneficial interest which (i) are issued pursuant to a "transitional funding order" (as such term is defined in Section 18- 102 of the Illinois Public Utilities Act, as amended) issued by the Illinois Commerce Commission at the request of an electric utility and (ii) are secured by or otherwise payable from non-bypassable cent per kilowatt hour charges authorized pursuant to such order to be applied and invoiced to customers of such utility. The instrument funding charges so applied and invoiced must be deducted and stated separately from the other charges invoiced by such utility against its customers. "TYPE" has the meaning assigned to that term (i) in the definition of "A ADVANCE" when used in such context and (ii) in the definition of "BORROWING" when used in such context.
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Related to Transitional Funding Instruments

  • Additional Funds has the meaning set forth in Section 4.03 hereof.

  • Project Funding Agreement means an agreement in the form of Schedule F that incorporates the terms of this Agreement and enables the LHIN to provide one-time or short term funding for a specific project or service that is not already described in Schedule A;

  • Master Funding Agreement means the Master Funding Agreement entered into by the Company and the Secretary of State on 31st October 2013;

  • Funding Agreements means all or any of the agreements or instruments to be entered into by a Project Service Provider or any of their Associates relating to the financing of its business of providing services pursuant to the terms of any Project Agreements, excluding always the Project Agreements themselves;

  • Loss Absorbing Instrument means, at any time, any Additional Tier 1 Capital instrument (other than the Notes) issued directly or indirectly by the Issuer which contains provisions pursuant to which all or part of its principal amount may be written-down (whether on a permanent or temporary basis) or may otherwise absorb losses (in each case in accordance with its terms) on the occurrence, or as a result, of a trigger event set by reference to the Group CET1 Ratio;

  • Funding Agreement means the agreement made under section 1 of the Academies Act 2010 between the Academy Trust and the Secretary of State to establish the Academy;

  • CMPPA Agreement means the CMPPA Agreement between the SSA and CHHS.

  • Project Funding means the funding for the Services;

  • Specified Acquisition Agreement Representations means the representations and warranties made by, or with respect to, the Target and its subsidiaries in the Acquisition Agreement that are material to the interests of the Lenders, but only to the extent that the Borrower (or its applicable affiliate) has the right (taking into account applicable cure provisions) to terminate its obligations under the Acquisition Agreement or to decline to consummate the Acquisition (in each case, in accordance with the terms thereof) as a result of a breach of any such representations and warranties.