Wildfire Financing Law definition

Wildfire Financing Law means Division 1, Part 1, Chapter 4, Article 5.8 of the California Public Utilities Code, §§ 850 – 850.8, in each case as amended from time to time.
Sample 1Sample 2Sample 3
Wildfire Financing Law means Division 1, Part 1, Chapter 4, Article 5.8 of the California Public Utilities Code, §§ 850 – 850.8, as amended from time to time.
Sample 1Sample 2Sample 3
Wildfire Financing Law means Division 1, Part 1, Chapter 4, Article 5.8 of the California Public Utilities Code, Sections 850 – 850.8, as amended from time to time. Page 5 of 5B0919-3762 07/19/2022 12:29 PM Received by California Secretary of StateU220211639626For Office Use Only-FILED-File No.: U220211639626Date Filed: 7/19/2022STATE OF CALIFORNIAOffice of the Secretary of StateUCC FINANCING STATEMENT (UCC 1)California Secretary of State 1500 11th StreetSacramento, California 95814(916) 653-3516 Submitter Information:Contact Name MARY SHUNKOrganization Name CAPITOL SERVICES, INC.Phone Number 800-662-0171Email Address mshunk@capitolservices.comAddress PO BOX 1831 Page 1 of 5 B0919-3763 07/19/2022 12:29 PM Received by California Secretary of StateUCC FINANCING STATEMENTFOLLOW INSTRUCTIONS
Sample 1

Examples of Wildfire Financing Law in a sentence

  • The Indenture and this Series Supplement constitute a security agreement within the meaning of the Wildfire Financing Law and under the UCC to the extent that the provisions of the UCC are applicable hereto.

  • Recovery Property consists of the rights and interests of the Seller in the relevant Financing Order, including the right to impose, collect and receive certain charges (defined in the Wildfire Financing Law as “fixed recovery charges,” to be included in regular electric utility bills of existing and future electric service Consumers within the service territory of PG&E, or its successors or assigns, as more fully described in the Financing Order.

  • The Seller shall notify the Issuer and the Indenture Trustee promptly after becoming aware of any Lien on any of the Recovery Property, other than the conveyances hereunder, any Lien under the Basic Documents or any Lien under or in accordance with Section 850.3(g) of the Wildfire Financing Law or the UCC created in favor of the Indenture Trustee for the benefit of the Holders.

  • The Seller shall use the proceeds of the sale of the Recovery Property in accordance with the Financing Order and the Wildfire Financing Law.

  • Principal and interest due and payable on the Recovery Bonds are payable from and secured primarily by Recovery Property created and established by the Financing Order obtained from the Public Utilities Commission of California pursuant to the Wildfire Financing Law.

  • The Issuer shall have made or caused to be made all filings with the CPUC and the California Secretary of State pursuant to the Financing Order and the Wildfire Financing Law and all other filings necessary to perfect the Grant of the Recovery Bond Collateral to the Indenture Trustee and the Lien of this Indenture.

  • Copies of (X) the Financing Order which shall be in full force and effect and be Final, including the filing of PG&E’s written consent to all terms and conditions of the Financing Order with the CPUC in accordance with Section 850.1(d) of the Wildfire Financing Law, (Y) certified resolutions of the Managers or Member of the Issuer authorizing the execution and delivery of the Series Supplement and the execution, authentication and delivery of the Recovery Bonds and (Z) a duly executed Series Supplement.

  • The Seller shall execute and file the filings required by law to perfect and continue the perfection of the interests of the Issuer in the Recovery Property and the Indenture Trustee’s Lien on the Recovery Property, including all filings required under the Wildfire Financing Law and the UCC relating to the transfer of the ownership of the rights and interests related to the Recovery Bonds under the Financing Order by the Seller to the Issuer and the pledge of the Recovery Property to the Indenture Trustee.

  • The Seller shall institute any action or proceeding necessary to compel performance by the CPUC, the State of California or any of their respective agents of any of their obligations or duties under the Wildfire Financing Law, the Financing Order or any Issuance Advice Letter.

  • There is no order by any court providing for the revocation, alteration, limitation or other impairment of the Wildfire Financing Law, the Financing Order, the Recovery Property or the Fixed Recovery Charges or any rights arising under any of them or that seeks to enjoin the performance of any obligations under the Financing Order.

Related to Wildfire Financing Law

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • Debt Financing has the meaning set forth in Section 5.7.