Common use of Term of Agreement; Resignation and Removal of Administrator Clause in Contracts

Term of Agreement; Resignation and Removal of Administrator. (a) This Administration Agreement shall continue in force until the payment in full of the Securitized Utility Tariff Bonds and any other amount which may become due and payable under the Indenture, upon which event this Administration Agreement shall automatically terminate.

Appears in 10 contracts

Samples: Administration Agreement (Evergy Missouri West Storm Funding I, LLC), Administration Agreement (Evergy Missouri West Storm Funding I, LLC), Administration Agreement (Empire District Bondco, LLC)

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Term of Agreement; Resignation and Removal of Administrator. (a) This Administration Agreement shall continue in force until the payment in full of the Securitized Utility Tariff Storm Recovery Bonds and any other amount which may become due and payable under the Indenture, upon which event this Administration Agreement shall automatically terminate.

Appears in 9 contracts

Samples: Administration Agreement (Cleco Power LLC), Administration Agreement (Cleco Power LLC), Administration Agreement (Cleco Power LLC)

Term of Agreement; Resignation and Removal of Administrator. (a) This Administration Agreement shall continue in force until the payment in full of the Securitized Utility Tariff Securitization Bonds and any other amount which that may become due and payable under the Indenture, upon which event this Administration Agreement shall automatically terminate.

Appears in 6 contracts

Samples: Administration Agreement (Consumers 2023 Securitization Funding LLC), Administration Agreement (Consumers 2023 Securitization Funding LLC), Administration Agreement (Consumers 2023 Securitization Funding LLC)

Term of Agreement; Resignation and Removal of Administrator. (a) This Administration Agreement shall continue in force until the payment in full of the Securitized Utility Tariff System Restoration Bonds and any other amount which may become due and payable under the Indenture, upon which event this Administration Agreement shall automatically terminate.

Appears in 6 contracts

Samples: Administration Agreement (Entergy Texas, Inc.), Administration Agreement (Entergy Texas, Inc.), Administration Agreement (Entergy Texas, Inc.)

Term of Agreement; Resignation and Removal of Administrator. (a) This Administration Agreement shall continue in force until the payment Payment in full Full of the Securitized Utility Tariff Securitization Bonds and any other amount which may become due and payable under the Indenture, upon which event this Administration Agreement shall automatically terminate.

Appears in 5 contracts

Samples: Administration Agreement (DTE Electric Securitization Funding II LLC), Administration Agreement (DTE Electric Securitization Funding II LLC), Administration Agreement (DTE Electric Securitization Funding II LLC)

Term of Agreement; Resignation and Removal of Administrator. (a) This Administration Agreement shall continue in force until the payment in full of the Securitized Utility Tariff Phase-In-Recovery Bonds and any other amount which may become due and payable under the Indenture, upon which event this Administration Agreement shall automatically terminate.

Appears in 3 contracts

Samples: Administration Agreement (Ohio Phase-in-Recovery Funding LLC), Administration Agreement (Ohio Phase-in-Recovery Funding LLC), Administration Agreement (Ohio Phase-in-Recovery Funding LLC)

Term of Agreement; Resignation and Removal of Administrator. (a) This Administration Agreement shall continue in force until the payment in full of the Securitized Utility Tariff all Energy Transition Bonds and any other amount which that may become due and payable under the Indenture, upon which event this Administration Agreement shall automatically terminate.

Appears in 3 contracts

Samples: Administration Agreement (PNM Energy Transition Bond Co I, LLC), Administration Agreement (PNM Energy Transition Bond Co I, LLC), Administration Agreement (PNM Energy Transition Bond Co I, LLC)

Term of Agreement; Resignation and Removal of Administrator. (a) This Administration Agreement shall continue in force until the payment in full of the Securitized Utility Tariff Consumer Rate Relief Bonds and any other amount which may become due and payable under the Indenture, upon which event this Administration Agreement shall automatically terminate.

Appears in 3 contracts

Samples: Administration Agreement (Appalachian Consumer Rate Relief Funding LLC), Administration Agreement (Appalachian Consumer Rate Relief Funding LLC), Administration Agreement (Appalachian Consumer Rate Relief Funding LLC)

Term of Agreement; Resignation and Removal of Administrator. (a) This Administration Agreement shall continue in force until the payment in full of the Securitized Utility Tariff Securitization Bonds and any other amount which may become due and payable under the Indenture, upon which event this Administration Agreement shall automatically terminate.

Appears in 3 contracts

Samples: Administration Agreement (SIGECO Securitization I, LLC), Administration Agreement (SIGECO Securitization I, LLC), Administration Agreement (SIGECO Securitization I, LLC)

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Term of Agreement; Resignation and Removal of Administrator. (a) This Administration Agreement shall continue in force until the payment in full of the Securitized Utility Tariff Environmental Trust Bonds and any other amount which may become due and payable under the Indenture, upon which event this Administration Agreement shall automatically terminate.

Appears in 3 contracts

Samples: Administration Agreement (WEPCo Environmental Trust Finance I, LLC), Administration Agreement (WEPCo Environmental Trust Finance I, LLC), Administration Agreement (WEPCo Environmental Trust Finance I, LLC)

Term of Agreement; Resignation and Removal of Administrator. (a) This Administration Agreement shall continue in force until the payment in full of the Securitized Utility Tariff Bonds and any other amount which may become due and payable under the Indenture, upon which event this Administration Agreement shall automatically terminate.

Appears in 3 contracts

Samples: Administration Agreement (CenterPoint Energy Restoration Bond Company, LLC), Administration Agreement (Cleco Katrina/Rita Hurricane Recovery Funding LLC), Administration Agreement (CenterPoint Energy Restoration Bond Company, LLC)

Term of Agreement; Resignation and Removal of Administrator. (a) This Administration Agreement shall continue in force until the payment in full of the Securitized Utility Tariff Deferred Fuel Cost Bonds and any other amount which that may become due and payable under the Indenture, upon which event this Administration Agreement shall automatically terminate.

Appears in 3 contracts

Samples: Administration Agreement (Virginia Power Fuel Securitization, LLC), Administration Agreement (Virginia Power Fuel Securitization, LLC), Administration Agreement (Virginia Power Fuel Securitization, LLC)

Term of Agreement; Resignation and Removal of Administrator. (a) This Administration Agreement shall continue in force until the payment in full of the Securitized Utility Tariff Investment Recovery Bonds and any other amount which may become due and payable under the Indenture, upon which event this Administration Agreement shall automatically terminate.

Appears in 2 contracts

Samples: Administration Agreement (Entergy Louisiana Investment Recovery Funding I, L.L.C.), Administration Agreement (Entergy Louisiana Investment Recovery Funding I, L.L.C.)

Term of Agreement; Resignation and Removal of Administrator. (a) This Administration Agreement shall continue in force until the payment in full of the Securitized Utility Tariff Rate Stabilization Bonds and any other amount which may become due and payable under the Indenture, upon which event this Administration Agreement shall automatically terminate.

Appears in 1 contract

Samples: Administration Agreement (RSB Bondco LLC)

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