Common use of Expected Amortization Schedule for Principal Clause in Contracts

Expected Amortization Schedule for Principal. Unless an Event of Default shall have occurred and be continuing on each Payment Date, the Indenture Trustee shall distribute to the Holders of record as of the related Record Date amounts payable pursuant to Section 8.02(e) of the Indenture as principal, in the following order and priority: [(1) to the holders of the Tranche A-1 Securitized Utility Tariff Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Bonds thereof has been reduced to zero; (2) to the holders of the Tranche A-2 Securitized Utility Tariff Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Bonds thereof has been reduced to zero; (3) to the holders of the Tranche A-3 Securitized Utility Tariff Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Bonds thereof has been reduced to zero; provided, however, that in no event shall a principal payment pursuant to this Section 3(c) on any Tranche on a Payment Date be greater than the amount necessary to reduce the Outstanding Amount of such Tranche of Securitized Utility Tariff Bonds to the amount specified in the Expected Amortization Schedule set forth on Schedule A hereto for such Tranche and Payment Date.

Expected Amortization Schedule for Principal. Unless an Event of Default shall have occurred and be continuing continuing, on each Payment Date, the Indenture Trustee shall distribute to the Holders of record as of the related Record Date amounts payable pursuant to Section 8.02(e) of the Indenture as principal[, in the following order and priority: [{(1) to the holders Holders of the Tranche A-1 Securitized Utility Tariff {A-1} Environmental Trust Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff {A-1} Environmental Trust Bonds thereof has been reduced to zero; (2) to the holders Holders of the Tranche A-2 Securitized Utility Tariff {A-2}Environmental Trust Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff {A-2} Environmental Trust Bonds thereof has been reduced to zero; (3) to the holders Holders of the Tranche A-3 Securitized Utility Tariff {A-3} Environmental Trust Bonds, until the Outstanding Amount of such Tranche {A-3} of Securitized Utility Tariff Environmental Trust Bonds thereof has been reduced to zero; (4) to the Holders of the Tranche {A-4} Environmental Trust Bonds, until the Outstanding Amount of such Tranche {A-4} Environmental Trust Bonds thereof has been reduced to zero; and (5) to the Holders of the Tranche {A-5} Environmental Trust Bonds, until the Outstanding Amount of such Tranche {A-5} Environmental Trust Bonds thereof has been reduced to zero]5; provided, however, that in no event shall a principal payment pursuant to this Section 3(c) on [any Tranche Tranche]5 the Environmental Trust Bonds on a Payment Date be greater than the amount necessary to reduce the Outstanding Amount of such Tranche of Securitized Utility Tariff the Environmental Trust Bonds to the amount specified in the Expected Amortization Schedule set forth on which is attached as Schedule A hereto [for such Tranche Tranche]6 and Payment Date. 5 Bracketed text will be removed if the bonds are issued in a single tranche.

Expected Amortization Schedule for Principal. Unless an Event of Default shall have occurred and be continuing continuing, on each Payment Date, the Indenture Trustee shall distribute to the Holders of record as of the related Record Date amounts payable pursuant to Section 8.02(e) of the Indenture as principal, in the following order and priority: [{(1) to the holders of the Tranche A-1 Securitized Utility Tariff { } Securitization Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Securitization Bonds thereof has been reduced to zero; (2) to the holders of the Tranche A-2 Securitized Utility Tariff { } Securitization Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Securitization Bonds thereof has been reduced to zero; and (3) to the holders of the Tranche A-3 Securitized Utility Tariff { } Securitization Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Securitization Bonds thereof has been reduced to zero; provided, however, that in no event shall a principal payment pursuant to this Section 3(c) on any Tranche on a Payment Date be greater than the amount necessary to reduce the Outstanding Amount of such Tranche of Securitized Utility Tariff Securitization Bonds to the amount specified in the Expected Amortization Schedule set forth on that is attached as Schedule A hereto for such Tranche and Payment Date}.

Expected Amortization Schedule for Principal. Unless an Event of Default shall have occurred and be continuing continuing, on each Payment Date, the Indenture Trustee shall distribute to the Holders of record as of the related Record Date amounts payable pursuant to Section 8.02(e) of the Indenture as principal, in the following order and priority: [(1) to the holders Holders of the Tranche A-1 Securitized Utility Tariff Securitization Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff A-1 Securitization Bonds thereof has been reduced to zero; (2) to the holders Holders of the Tranche A-2 Securitized Utility Tariff Securitization Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff A-2 Securitization Bonds thereof has been reduced to zero; (3) to the holders of the Tranche A-3 Securitized Utility Tariff Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Bonds thereof has been reduced to zero; provided, however, that in no event shall a principal payment pursuant to this Section 3(c) on any Tranche the Securitization Bonds on a Payment Date be greater than the amount necessary to reduce the Outstanding Amount of such Tranche of Securitized Utility Tariff Securitization Bonds to the amount specified in the Expected Amortization Schedule set forth on which is attached as Schedule A hereto for such Tranche and Payment Date.

Expected Amortization Schedule for Principal. Unless an Event of Default shall have occurred and be continuing on each Payment Date, the Indenture Trustee shall distribute to the Holders of record as of the related Record Date amounts payable pursuant to Section 8.02(e) of the Indenture as principal, in the following order and priority: [(1) to the holders of the Tranche A-1 Securitized Utility Tariff Consumer Rate Relief Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Consumer Rate Relief Bonds thereof has been reduced to zero; (2) to the holders of the Tranche A-2 Securitized Utility Tariff Consumer Rate Relief Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Consumer Rate Relief Bonds thereof has been reduced to zero; (3) to the holders of the Tranche A-3 Securitized Utility Tariff Consumer Rate Relief Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Consumer Rate Relief Bonds thereof has been reduced to zero; (4) to the holders of the Tranche A-4 Consumer Rate Relief Bonds, until the Outstanding Amount of such Tranche of Consumer Rate Relief Bonds thereof has been reduced to zero; and (5) to the holders of the Tranche A-5 Consumer Rate Relief Bonds, until the Outstanding Amount of such Tranche of Consumer Rate Relief Bonds thereof has been reduced to zero;] provided, however, that in no event shall a principal payment pursuant to this Section 3(c) on any Tranche on a Payment Date be greater than the amount necessary to reduce the Outstanding Amount of such Tranche of Securitized Utility Tariff Consumer Rate Relief Bonds to the amount specified in the Expected Amortization Schedule set forth on which is attached as Schedule A hereto for such Tranche and Payment Date.

Expected Amortization Schedule for Principal. Unless an Event of Default shall have occurred and be continuing on each Payment Date, the Indenture Trustee shall distribute to the Holders of record as of the related Record Date amounts payable pursuant to Section 8.02(e) of the Indenture as principal, in the following order and priority: [(1) to the holders of the Tranche A-1 Securitized Utility Tariff System Restoration Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff System Restoration Bonds thereof has been reduced to zero; (2) to the holders of the Tranche A-2 Securitized Utility Tariff System Restoration Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff System Restoration Bonds thereof has been reduced to zero; (3) to the holders of the Tranche A-3 Securitized Utility Tariff System Restoration Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff System Restoration Bonds thereof has been reduced to zero; (4) to the holders of the Tranche A-4 System Restoration Bonds, until the Outstanding Amount of such Tranche of System Restoration Bonds thereof has been reduced to zero; and (5) to the holders of the Tranche A-5 System Restoration Bonds, until the Outstanding Amount of such Tranche of System Restoration Bonds thereof has been reduced to zero;] provided, however, that in no event shall a principal payment pursuant to this Section 3(c) on any Tranche on a Payment Date be greater than the amount necessary to reduce the Outstanding Amount of such Tranche of Securitized Utility Tariff System Restoration Bonds to the amount specified in the Expected Amortization Schedule set forth on which is attached as Schedule A hereto for such Tranche and Payment Date.. EXHIBIT B

Expected Amortization Schedule for Principal. Unless an Event of Default shall have occurred and be continuing continuing, on each Payment Date, the Indenture Trustee shall distribute to the Holders of record as of the related Record Date amounts payable pursuant to Section 8.02(e) of the Indenture as principal, in the following order and priority: [(1) to the holders Holders of the Tranche A-1 Securitized Utility Tariff Securitization Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Securitization Bonds thereof has been reduced to zero; and (2) to the holders Holders of the Tranche A-2 Securitized Utility Tariff Securitization Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Bonds thereof has been reduced to zero; (3) to the holders of the Tranche A-3 Securitized Utility Tariff Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Securitization Bonds thereof has been reduced to zero; provided, however, that in no event shall a principal payment pursuant to this Section 3(c) on any Tranche on a Payment Date be greater than the amount necessary to reduce the Outstanding Amount of such Tranche of Securitized Utility Tariff Securitization Bonds to the amount specified in the Expected Amortization Schedule set forth on that is attached as Schedule A hereto for such Tranche and Payment Date.

Expected Amortization Schedule for Principal. Unless an Event of Default shall have occurred and be continuing on each Payment Date, the Indenture Trustee shall distribute to the Holders of record as of the related Record Date amounts payable pursuant to Section 8.02(e) of the Indenture as principal, in the following order and priority: [(1) to the holders of the Tranche A-1 Securitized Utility Tariff Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Bonds thereof has been reduced to zero; and (2) to the holders of the Tranche A-2 Securitized Utility Tariff Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Bonds thereof has been reduced to zero; (3) to the holders of the Tranche A-3 Securitized Utility Tariff Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Bonds thereof has been reduced to zero; provided, however, that in no event shall a principal payment pursuant to this Section 3(c) on any Tranche on a Payment Date be greater than the amount necessary to reduce the Outstanding Amount of such Tranche of Securitized Utility Tariff Bonds to the amount specified in the Expected Amortization Schedule set forth on Schedule A hereto for such Tranche and Payment Date.

Expected Amortization Schedule for Principal. Unless an Event of Default shall have occurred and be continuing on each Payment Date, the Indenture Trustee shall distribute to the Holders of record as of the related Record Date amounts payable pursuant to Section 8.02(e) of the Indenture as principal, in the following order and priority: [(1) to the holders of the Tranche A-1 Securitized Utility Tariff Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Bonds thereof has been reduced to zero; (2) to the holders of the Tranche A-2 Securitized Utility Tariff Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Bonds thereof has been reduced to zero; (3) to the holders of the Tranche A-3 Securitized Utility Tariff Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Bonds thereof has been reduced to zero; provided, however, that in no event shall a principal payment pursuant to this Section 3(c) on any Tranche on a Payment Date be greater than the amount necessary to reduce the Outstanding Amount of such Tranche of Securitized Utility Tariff Bonds to the amount specified in the Expected Amortization Schedule set forth on Schedule A hereto for such Tranche and Payment Date.

Expected Amortization Schedule for Principal. Unless an Event of Default shall have occurred and be continuing on each Payment Date, the Indenture Trustee shall distribute to the Holders of record as of the related Record Date amounts payable pursuant to Section 8.02(e) of the Indenture as principal, in the following order and priority: [(1) to the holders of the Tranche A-1 Securitized Utility Tariff Transition Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Transition Bonds thereof has been reduced to zero; (2) to the holders of the Tranche A-2 Securitized Utility Tariff Transition Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Transition Bonds thereof has been reduced to zero; (3) to the holders of the Tranche A-3 Securitized Utility Tariff Transition Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Transition Bonds thereof has been reduced to zero; (4) to the holders of the Tranche A-4 Transition Bonds, until the Outstanding Amount of such Tranche of Transition Bonds thereof has been reduced to zero; and (5) to the holders of the Tranche A-5 Transition Bonds, until the Outstanding Amount of such Tranche of Transition Bonds thereof has been reduced to zero; provided, however, that in no event shall a principal payment pursuant to this Section 3(c) on any Tranche on a Payment Date be greater than the amount necessary to reduce the Outstanding Amount of such Tranche of Securitized Utility Tariff Transition Bonds to the amount specified in the Expected Amortization Schedule set forth on which is attached as Schedule A hereto for such Tranche and Payment Date.

Expected Amortization Schedule for Principal. Unless an Event of Default shall have occurred and be continuing on each Payment Date, the Indenture Trustee shall distribute to the Holders of record as of the related Record Date amounts payable pursuant to Section 8.02(e) of the Indenture as principal, in the following order and priority: [(1) to the holders of the Tranche A-1 Securitized Utility Tariff Rate Stabilization Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Rate Stabilization Bonds thereof has been reduced to zero; (2) to the holders of the Tranche A-2 Securitized Utility Tariff Rate Stabilization Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Rate Stabilization Bonds thereof has been reduced to zero; (3) to the holders of the Tranche A-3 Securitized Utility Tariff Rate Stabilization Bonds, until the Outstanding Amount of such Tranche of Securitized Utility Tariff Rate Stabilization Bonds thereof has been reduced to zero; and (4) to the holders of the Tranche A-4 Rate Stabilization Bonds, until the Outstanding Amount of such Tranche of Rate Stabilization Bonds thereof has been reduced to zero; provided, however, that in no event shall a principal payment pursuant to this Section 3(c) on any Tranche on a Payment Date be greater than the amount necessary to reduce the Outstanding Amount of such Tranche of Securitized Utility Tariff Rate Stabilization Bonds to the amount specified in the Expected Amortization Schedule set forth on which is attached as Schedule A hereto for such Tranche and Payment Date.