No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Recovery Bonds and any other indebtedness expressly permitted by or arising under the Basic Documents.
Appears in 32 contracts
Sources: Indenture (SCE Recovery Funding LLC), Indenture (SCE Recovery Funding LLC), Indenture (SCE Recovery Funding LLC)
No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Storm Recovery Bonds and any other indebtedness expressly permitted by or arising under the Basic Documents.
Appears in 28 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)
No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Recovery Transition Bonds and any other indebtedness expressly permitted by or arising under the Basic Documents.
Appears in 9 contracts
Sources: Indenture (AEP Transition Funding III LLC), Indenture (AEP Transition Funding III LLC), Indenture (AEP Transition Funding III LLC)
No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Recovery System Restoration Bonds permitted by this Indenture and any other indebtedness expressly permitted by or arising under the Basic Documents.
Appears in 6 contracts
Sources: Indenture (Centerpoint Energy Houston Electric LLC), Indenture (Centerpoint Energy Houston Electric LLC), Indenture (Centerpoint Energy Houston Electric LLC)
No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Recovery System Restoration Bonds and any other indebtedness expressly permitted by or arising under the Basic Documents.
Appears in 6 contracts
Sources: Indenture (Entergy Texas, Inc.), Indenture (Entergy Texas, Inc.), Indenture (Entergy Texas, Inc.)
No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness for borrowed money except for (a) the Recovery Bonds and any other indebtedness expressly permitted by or arising under the Basic DocumentsDocuments or (b) as permitted by the Commission in connection with the issuance of an Additional Series.
Appears in 4 contracts
Sources: Indenture (Kentucky Power Cost Recovery LLC), Indenture (Kentucky Power Cost Recovery LLC), Indenture (Kentucky Power Cost Recovery LLC)
No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Recovery Consumer Rate Relief Bonds and any other indebtedness expressly permitted by or arising under the Basic Documents.
Appears in 3 contracts
Sources: Indenture (Appalachian Consumer Rate Relief Funding LLC), Indenture (Appalachian Consumer Rate Relief Funding LLC), Indenture (Appalachian Consumer Rate Relief Funding LLC)
No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Phase-In-Recovery Bonds and any other indebtedness expressly permitted by or arising under the Basic Documents.
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)
No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Nuclear Asset-Recovery Bonds and any other indebtedness expressly permitted by or arising under the Basic Documents.
Appears in 3 contracts
Sources: Indenture (Duke Energy Florida, Llc.), Indenture (Duke Energy Florida, Llc.), Indenture (Duke Energy Florida, Llc.)
No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Recovery Bonds and any other bonds, notes or other evidences of indebtedness expressly permitted authorized by or arising under the Basic DocumentsFinancing Order and related expenses.
Appears in 2 contracts
Sources: Indenture (PG&E Energy Recovery Funding LLC), Indenture (PG&E Energy Recovery Funding LLC)
No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Recovery Bonds and any other indebtedness expressly permitted contemplated by or arising under the Basic Documents, any Additional Indenture or Subsequent Sale Agreement.
Appears in 2 contracts
Sources: Indenture (FPL Recovery Funding LLC), Indenture (Florida Power & Light Co)
No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Recovery Bonds storm recovery bonds permitted by this Indenture and any other indebtedness expressly permitted by or arising under the Basic Documents.
Appears in 2 contracts
Sources: Indenture (Cleco Power LLC), Indenture (Cleco Power LLC)
No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Investment Recovery Bonds and any other indebtedness expressly permitted by or arising under the Basic Documents.
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.)
No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Storm Recovery Bonds permitted by this Indenture and any other indebtedness expressly permitted by or arising under the Basic Documents.
Appears in 2 contracts
Sources: Indenture (Cleco Power LLC), Indenture (Cleco Power LLC)
No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Recovery Bonds and any other indebtedness expressly permitted except as contemplated by or arising under the Basic Documents.
Appears in 1 contract
Sources: Indenture (Oncor Electric Delivery Transition Bond Co LLC)
No Borrowing. The Issuer shall not issue, incur, assume, guarantee or otherwise become liable, directly or indirectly, for any indebtedness except for the Recovery Bonds and any other indebtedness expressly permitted contemplated by or arising under the Basic Documents., any Additional Indenture or Subsequent Sale Agreement. Section 3.14
Appears in 1 contract
Sources: Indenture