Securitization Bonds definition

Securitization Bonds means Debt of one or more Securitization SPEs, issued pursuant to The Customer Choice and Electricity Reliability Act, Act Xx. 000, Xxxxxx Xxxx xx Xxxxxxxx, 0000, as the same may be amended from time to time.
Securitization Bonds means the securitization bonds authorized by the Financing Order and issued under the Indenture.
Securitization Bonds means bonds, debentures, notes, certificates of participation, certificates of a beneficial interest, certificates of ownership, or other evidences of indebtedness that are issued by an electric utility, its successors, or an assignee under a financing order, that have a term of not more than 15 years, and that are secured by or payable from securitization property. If certificates of participation, certificates of beneficial interest, or certificates of ownership are issued, references in this act to principal, interest, or premium shall refer to comparable amounts under those certificates.

Examples of Securitization Bonds in a sentence

  • P Securitization bonds may be included in the capital structure.Q Calculated using 13 month average balance.

  • PHONE:TYPE OF SERVICE/COMMODITY PROVIDED: COMPANY STATUS: (Please circle) CORPORATION PARTNERSHIP INDIVIDUALPAYEE IDENTIFICATION NUMBER COMPANY'S PRIOR YEAR NET INCOME: $ _______________________TOTAL PROPOSED COST(S): $ ___________________________ It is agreed by the undersigned vendor that the signed delivery of this Proposal represents the Vendor's acceptance of the terms and conditions of this Request for Proposal including all specifications and special provisions.

  • A beneficiarydeed conveys an interest in real prop- erty, including any debt secured by a lien on real property, to a grantee ben- eficiary designated by the owner and that expressly states that the deed is effective on the death of the owner.

  • Restricted cash dedicated for repayment of Securitization bonds is classified as a current asset, as the payments on the related Securitization bonds occur within one year.

  • Cost savings from Securitization depend upon the level of debt or equity securities ultimately retired, the amortization schedule for the securitized qualified costs and the interest rates of the retired debt securities and the Securitization bonds.


More Definitions of Securitization Bonds

Securitization Bonds means Debt of the Securitization SPE, issued pursuant to Enrolled Senate Xxxx No. 1253, Public Act 142 of 2000 of the State of Michigan.
Securitization Bonds means bonds, debentures, notes, certificates of participation, certificates of a beneficial interest, certificates of ownership, or other evidences of indebtedness that are issued by an electric
Securitization Bonds means the securitization bonds authorized by the Financing Order and issued pursuant to this Indenture.
Securitization Bonds means any of the Series 2023-A Senior Secured Securitization Bonds issued by the Issuer pursuant to the Indenture on the Closing Date.
Securitization Bonds means bonds, debentures, notes, certificates of participation, certificates of a
Securitization Bonds means that certain bond series designated "The Detroit Edison Securitization Funding LLC $1,750,000,000 Securitization Bonds, Series 2000-1" issued pursuant to the Indenture.