Status of Obligations. The issuance to the Administrative Agent of the Senior Bonds provides the Lenders, as beneficial holders of the Senior Bonds through the Administrative Agent, the benefit of the Lien of the FMB Indenture equally and ratably with the holders of other First Mortgage Bonds.
Appears in 5 contracts
Samples: Credit Agreement (PACIFIC GAS & ELECTRIC Co), Credit Agreement (PACIFIC GAS & ELECTRIC Co), Assignment and Assumption (PG&E Corp)
Status of Obligations. The issuance to the Administrative Designated Agent of the Senior Bonds Bond provides the Lenders, as beneficial holders of the Senior Bonds Bond through the Administrative Designated Agent, the benefit of the Lien of the FMB Indenture equally and ratably with the holders of other First Mortgage Bonds.
Appears in 4 contracts
Samples: Credit Agreement (PACIFIC GAS & ELECTRIC Co), Assignment and Assumption (PG&E Corp), Credit Agreement (PG&E Corp)
Status of Obligations. The issuance to the Administrative Agent of the Senior Bonds Bond provides the Lenders, as beneficial holders of the Senior Bonds Bond through the Administrative Agent, the benefit of the Lien of the FMB Indenture equally and ratably with the holders of other First Mortgage Bonds.
Appears in 1 contract
Status of Obligations. The issuance to the Administrative Agent of the Senior Bonds BondsBond provides the Lenders, as beneficial holders of the Senior Bonds BondsBond through the Administrative Agent, the benefit of the Lien of the FMB Indenture equally and ratably with the holders of other First Mortgage Bonds.
Appears in 1 contract
