Recovery Bonds definition

Recovery Bonds means Recovery Obligations issued as Bonds. “Recovery Costs” means costs described in Chapter 297. “Recovery Notes” means Recovery Obligations issued as Notes.
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Recovery Bonds means the Recovery Bonds authorized by the Financing Order and issued under the Indenture.
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Recovery Bonds means bonds, notes, certificates of participation or beneficial interest, or other evidences of indebtedness or ownership, issued pursuant to an executed indenture or other agreement of a financing entity, the proceeds of which are used, directly or indirectly, to recover, finance, or refinance recovery costs, and that are directly or indirectly secured by, or payable from, recovery property.
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Examples of Recovery Bonds in a sentence

  • The other outside expertise may include, for example, independent legal counsel and an independent financial advisor to assist the Finance Team in overseeing and reviewing the issuance of a series of Recovery Bonds.

  • Economic Recovery Bonds ......................................................................................

  • The right to be paid the principal amount of the Recovery Bonds, together with interest thereon as the same become due as shown on Exhibit 2, together with all Ongoing Financing Costs as the same become due.

  • The Recovery Bonds will be secured principally by the right to receive revenues from irrevocable and nonbypassable Fixed Recovery Charges designed to provide timely and sufficient funds to pay for Recovery Bond principal, interest, and all other Financing Costs.

  • The Recovery Bonds should be secured by the Recovery Property, SPE equity held by the Bond Trustee, and other Bond Collateral held by the Bond Trustee.

  • Such certificates shall be a condition precedent to the issuance of such Recovery Bonds and all associated Commission Staff approvals.

  • Instead, the Recovery Bonds will be treated as PG&E’s own debt for federal income tax purposes.

  • In addition, costs and benefits resulting from the issuance of Wildfire Hardening Recovery Bonds are recorded in the WHFRCBA and recovered in the WHFRCBA rates.

  • PG&E proposes that this amount be equal to at least 0.50 percent of the initial aggregate principal amount of Recovery Bonds issued (PG&E asserts this is to comply with IRS Rev.

  • Even if §§ 817 and 818 were to apply, issuance of the Recovery Bonds is consistent with those provisions.


More Definitions of Recovery Bonds

Recovery Bonds means bonds, notes, certificates of
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Recovery Bonds means bonds, notes, certificates of participation or beneficial interest, or other evidences of indebtedness or ownership, issued pursuant to an executed indenture or other agreement of a financing
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Recovery Bonds means bonds, notes, certificates of participation or beneficial interest, or other evidences of indebtedness or ownership, issued pursuant to an executed indenture or other agreement of a financing
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Related to Recovery Bonds

  • Serial Bonds means those Bonds designated as such and maturing on the dates set forth in the Certificate of Award, bearing interest payable on each Interest Payment Date and not subject to mandatory sinking fund redemption.

  • Bonds means any bonds (including refunding bonds), notes, interim certificates, certificates of indebtedness, debentures or other obligations.