Upfront Financing Costs definition

Upfront Financing Costs means those financing costs incurred in connection with the issuance of the Phase-In-Recovery Bonds allowed under the Financing Order.

Upfront Financing Costs means financing costs, as defined in Section 1227(5) of the Storm Recovery Securitization Law, paid or to be paid from the proceeds of Storm Recovery Bonds.

Upfront Financing Costs means the fees and expenses to issue

Examples of Upfront Financing Costs in a sentence

• Upfront Financing Costs include reimbursement to PG&E for amounts advanced for payment of such costs.

• The recovery of all Upfront Financing Costs and Ongoing Financing Costs, as well as the initial Fixed Recovery Charges, should automatically be approved and become effective at noon on the fourth business day after pricing unless before noon on the fourth business day after pricing the Commission Staff rejects the Issuance Advice Letter.

• The Master Servicer shall provide each Participating Member, for informational purposes only, an accounting statement within ninety days of the issuance of the Bonds setting forth the final amounts of the Upfront Financing Costs.

• Each Participating Member determines that the allocation of debt service cost, Upfront Financing Costs and Ongoing Financing Costs among the Participating Members and the calculation of the Securitized Charges is reasonable and consistent with satisfying the Benefit and Savings Tests.

• The issuance of the Bonds by the Issuer, in one or more series or one or more tranches, in an aggregate principal amount not exceeding $716,000,000, and the application of the proceeds of the Bonds, net of Upfront Financing Costs, to the purchase from each Participating Member of the Participating Member Securitized Properties created pursuant to this financing order and the Financing Act.

More Definitions of Upfront Financing Costs

Upfront Financing Costs has the meaning specified in the Financing Order.

Upfront Financing Costs has the meaning specified in the LIPA Reform Act and the Financing Order.

Upfront Financing Costs means the Financing Costs related to obtaining the Restructuring Order, the design, marketing, and issuance of Restructuring Bonds, except to the extent that the Corporation determines to pay said costs as Ongoing Financing Costs payable from Transition Charge Revenues. Upfront Financing Costs include, without limitation, Trustee (or similar fiduciary) fees and expenses, legal fees and expenses, accounting fees and expenses, Servicer set-up rates or expenses, calculation agent, depository or other manager or fiduciary placement fees and expenses, underwriting fees and expenses, printing and marketing fees, filing or listing and compliance fees, fees and expenses of the Corporation’s other consultants, if any, credit rating agency fees, collateral fees and expenses, and any other cost approved by the Board of the Corporation as necessary or desirable to achieve the purposes of this Chapter and shall include reimbursement to any Person of amounts paid in advance to cover such costs.

Upfront Financing Costs means the Financing Costs related to the costs of structuring, marketing, and issuing the Bonds, except to the extent that the Corporation determines to pay said costs as Ongoing Financing Costs payable from Revitalization Charge Revenues. Upfront Financing Costs include, without limitation, Trustee’s (or similar fiduciary) fees and expenses, legal fees and

Upfront Financing Costs means the fees and expenses to issue 49 restructuring bonds, including, without limitation, expenses associated 50 with the efforts to prepare or obtain approval of a restructuring cost 51 financing order, as well as the fees and expenses associated with the 52 structuring, marketing, and issuance of restructuring bonds, including, 53 without limitation, counsel fees, structural advisory fees, underwriting 54 fees and original issue discount, rating agency and trustee fees 55 (including fees of trustee's counsel), accounting and auditing fees, 56 printing and marketing expenses, stock exchange listing fees and compli-

Upfront Financing Costs means Financing Costs that are incurred prior to or in connection with the issuance of the Bonds that can be financed with the proceeds of the Bonds. Upfront Financing Costs include Department legal and accountants’ fees, Department financial advisor fees, underwriting fees, Rating Agency fees, Service Provider legal and accountants’ fees, initial funding of the Debt Service Reserve Subaccount, set-up implementation costs of the Service Providers, printing and marketing expenses and any other cost, charge or fee incurred in connection with the original issuance of such Bonds approved by the Department.

Upfront Financing Costs means the expenses associated with the