Common use of Capital Expenditures Clause in Contracts

Capital Expenditures. Other than the purchase of Recovery Property from the Seller on each Closing Date, the Issuer shall not make any expenditure (by long-term or operating lease or otherwise) for capital assets (either realty or personalty).

Appears in 33 contracts

Sources: Indenture (SCE Recovery Funding LLC), Indenture (SCE Recovery Funding LLC), Indenture (SCE Recovery Funding LLC)

Capital Expenditures. Other than the purchase of Storm Recovery Property from the Seller on each a Closing Date, the Issuer shall not make any expenditure (by long-term or operating lease or otherwise) for capital assets (either realty or personalty).

Appears in 22 contracts

Sources: Indenture (Duke Energy Carolinas SC Storm Funding LLC), Indenture (Duke Energy Carolinas SC Storm Funding LLC), Indenture (Duke Energy Carolinas SC Storm Funding LLC)

Capital Expenditures. Other than the purchase of Recovery Securitization Property from the Seller on each the Closing Date, the Issuer shall not make any expenditure (by long-term or operating lease or otherwise) for capital assets (either realty or personalty).

Appears in 10 contracts

Sources: Indenture (Consumers 2023 Securitization Funding LLC), Indenture (Consumers 2023 Securitization Funding LLC), Indenture (Consumers 2023 Securitization Funding LLC)

Capital Expenditures. Other than the purchase of Recovery System Restoration Property from the Seller on each Closing Dateunder the Sale Agreement, the Issuer shall not make any expenditure (by long-term or operating lease or otherwise) for capital assets (either realty or personalty).

Appears in 9 contracts

Sources: Indenture (Centerpoint Energy Houston Electric LLC), Indenture (Centerpoint Energy Houston Electric LLC), Indenture (Centerpoint Energy Houston Electric LLC)

Capital Expenditures. Other than the purchase of Recovery Transition Property from the Seller on each Closing Date, the Issuer shall not make any expenditure (by long-term or operating lease or otherwise) for capital assets (either realty or personalty).

Appears in 6 contracts

Sources: Indenture (AEP Texas Restoration Funding LLC), Indenture (AEP Texas Restoration Funding LLC), Indenture (AEP Texas Restoration Funding LLC)

Capital Expenditures. Other than the purchase of Recovery Environmental Control Property from the Seller on each the Closing Date, the Issuer shall not make any expenditure (by long-term or operating lease or otherwise) for capital assets (either realty or personalty).

Appears in 5 contracts

Sources: Indenture (WEPCo Environmental Trust Finance I, LLC), Indenture (WEPCo Environmental Trust Finance I, LLC), Indenture (WEPCo Environmental Trust Finance I, LLC)

Capital Expenditures. Other than the purchase of Cost Recovery Property from the Seller on each the Closing DateDate or any expenditure made in connection with the issuance of any Additional Series, the Issuer shall not make any expenditure (by long-term or operating lease or otherwise) for capital assets (either realty or personalty).

Appears in 4 contracts

Sources: Indenture (Kentucky Power Cost Recovery LLC), Indenture (Kentucky Power Cost Recovery LLC), Indenture (Kentucky Power Cost Recovery LLC)

Capital Expenditures. Other than the purchase of Recovery Series Property from the Seller on each a Series Closing Date, the Issuer shall not make any expenditure (by long-term or operating lease or otherwise) for capital assets (either realty or personalty).

Appears in 3 contracts

Sources: Indenture (Duke Energy Florida, Llc.), Indenture (Duke Energy Florida, Llc.), Indenture (Duke Energy Florida, Llc.)

Capital Expenditures. Other than the purchase of Phase-In-Recovery Property from the Seller on each the Closing Date, the Issuer shall not make any expenditure (by long-term or operating lease or otherwise) for capital assets (either realty or personalty).

Appears in 3 contracts

Sources: Indenture (Ohio Phase-in-Recovery Funding LLC), Indenture (Ohio Phase-in-Recovery Funding LLC), Indenture (Ohio Phase-in-Recovery Funding LLC)

Capital Expenditures. Other than the purchase of Recovery Property from the Seller on each the Series Closing Date, the Issuer shall not make any expenditure (by long-term or operating lease or otherwise) for capital assets (either realty or personalty).

Appears in 3 contracts

Sources: Indenture (PNM Energy Transition Bond Co I, LLC), Indenture (PNM Energy Transition Bond Co I, LLC), Indenture (PNM Energy Transition Bond Co I, LLC)

Capital Expenditures. Other than the purchase of Recovery Transition Property from the Seller on each the Closing Date, the Issuer shall not make any expenditure (by long-term or operating lease or otherwise) for capital assets (either realty or personalty).

Appears in 3 contracts

Sources: Indenture (Entergy Texas, Inc.), Indenture (Entergy Texas, Inc.), Indenture (Entergy Texas, Inc.)

Capital Expenditures. Other than the purchase of Recovery SAC Property from the Seller on each the Closing Date, the Issuer shall not make any expenditure (by long-term or operating lease or otherwise) for capital assets (either realty or personalty).

Appears in 3 contracts

Sources: Indenture (Appalachian Power Recovery Funding LLC), Indenture (Appalachian Power Recovery Funding LLC), Indenture (Appalachian Power Recovery Funding LLC)

Capital Expenditures. Other than the purchase of Investment Recovery Property from the Seller on each the Closing DateDate and other than expenditures made out of available funds in an aggregate amount not to exceed $25,000 in any calendar year, the Issuer shall not make any expenditure (by long-term or operating lease or otherwise) for capital assets (either realty or personalty).

Appears in 2 contracts

Sources: Indenture (Entergy Louisiana Investment Recovery Funding I, L.L.C.), Indenture (Entergy Louisiana Investment Recovery Funding I, L.L.C.)

Capital Expenditures. Other than the purchase of Recovery Property from the Seller on each the Series Closing DateDate or in connection with an Additional Series, the Issuer shall not make any expenditure (by long-term or operating lease or otherwise) for capital assets (either realty or personalty).

Appears in 1 contract

Sources: Indenture (PNM Energy Transition Bond Co I, LLC)

Capital Expenditures. Other than the purchase of Recovery Uplift Property from the Seller on each Closing Date, the Issuer shall not make any expenditure (by long-term or operating lease or otherwise) for capital assets (either realty or personalty).

Appears in 1 contract

Sources: Indenture