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 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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Examples of Transitional Funding Instruments in a sentence

  • 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”).

  • 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”).

  • 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”).

  • 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.

  • 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.


More Definitions of Transitional Funding Instruments

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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Related to Transitional Funding Instruments

  • Additional Funding has the meaning prescribed to that term in clause 4.3 of this Agreement.

  • Additional Funds shall have the meaning set forth in Section 4.3.A.

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

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.

  • Additional Financing has the meaning set forth in Section 16.3(a).

  • Relevant Funding Agreements means the agreement or agreements entered into by the Company and the Secretary of State under section 1 of the Academies Act 2010 for the establishment of each Academy, including any variation or supplemental agreements thereof;

  • Residual Funding Facility means any funding arrangement with a financial institution or institutions or other lenders or purchasers under which advances are made to the Company or any Subsidiary based upon residual, subordinated or retained interests in Receivables Entities or any of their respective securities, debt instruments or other Indebtedness.

  • Securitization Financing means any transaction or series of transactions that may be entered into by the Borrower or any of its Subsidiaries pursuant to which the Borrower or any of its Subsidiaries may sell, convey or otherwise transfer to (a) a Securitization Subsidiary (in the case of a transfer by the Borrower or any of its Subsidiaries) or (b) any other Person (in the case of a transfer by a Securitization Subsidiary), or may grant a security interest in, any Securitization Assets of the Borrower or any of its Subsidiaries, and any assets related thereto, including all collateral securing such Securitization Assets, all contracts and all guarantees or other obligations in respect of such Securitization Assets, proceeds of such Securitization Assets and other assets that are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions involving Securitization Assets.

  • 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;

  • Initial Funding Date means the Funding Date on which the first Loan is made pursuant to this Agreement, as specified in the Initial Borrower Funding Request.

  • Non-Lead Securitization Servicing Agreement shall have the meaning assigned to such term in Section 2(b).

  • National City Servicing Agreement Solely with respect to the National City Mortgage Loans, the Master Seller’s Warranties and Servicing Agreement, dated as of October 1, 2001, between the Transferor and National City, as the same may be amended from time to time, and any assignments and conveyances related to the National City Mortgage Loans.

  • Lead Securitization Servicing Agreement means (i) the pooling and servicing agreement or other comparable agreement related to the Lead Securitization, and (ii) on and after the date on which the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, the “Lead Securitization Servicing Agreement” shall be determined in accordance with the second paragraph of Section 2(a).

  • Receivables for Municipal Obligations Sold means the book value of receivables for Municipal Obligations sold as of or prior to such Valuation Date if such receivables are due within five business days of such Valuation Date.

  • Principal Funding Investment Proceeds means, with respect to each Transfer Date, the investment earnings on funds in the Principal Funding Account (net of investment expenses and losses) for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date.

  • 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;

  • Asset Transfer Agreement means the asset transfer agreement dated September 12, 2014 between Centurion Real Estate Opportunities Trust and Centurion Apartment REIT pursuant to which Centurion Apartment REIT seeded the initial portfolio of Centurion Real Estate Opportunities Trust.

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

  • Project Funding means the funding for the Services;

  • Refinancing Trust Agreement has the meaning specified in Section 9.1(c).

  • 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.

  • Assumed Servicing Liability means any Liabilities with respect to any Serviced Appointments (or Serviced Corporate Trust Contracts) that arise out of or relate to facts, circumstances, actions, omissions and/or events occurring from and after the Closing and prior to the applicable Succession Time for such Serviced Appointment; provided that Assumed Servicing Liability shall not include any Liabilities that arise out of or relate to facts, circumstances, actions, omissions and/or events with respect to any Retained Duties or any matters for which Seller or any of its Affiliates is responsible pursuant to Section 3.9.

  • Principal Funding Investment Shortfall means, with respect to each Transfer Date relating to the Controlled Accumulation Period, the amount, if any, by which the Principal Funding Investment Proceeds for such Transfer Date are less than the Covered Amount determined as of such Transfer Date.

  • IDR Transfer Agreement means an agreement to transfer, subject to the terms of Tariff, Part VI, section 237, Incremental Deliverability Rights to a party for the purpose of eliminating or reducing the need for Local or Network Upgrades that would otherwise have been the responsibility of the party receiving such rights. “Immediate-need Reliability Project” shall have the same meaning provided in the Operating Agreement.

  • Park Monaco Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Monaco is the applicable Seller.

  • Master Transaction Agreement has the meaning set forth in the recitals.