CILCO definition
Examples of CILCO in a sentence
Example 1: Lincoln (CILCO) unit breaks down in the northern part of its territory.
This would generally happen in areas that are in close proximity to an IP or CILCO garage.
In legacy CILCO, Tapping & Stopping will be performed by Division personnel.
The Company will commit to train and qualify three minimum personnel on Tapping and Stopping in CILCO territory on ▇▇▇▇▇▇▇ C136 equipment from the Division.
Any and all (i) dividends and other distributions (other than cash dividends) received, receivable or otherwise distributed in respect of, or in exchange for, any collateral (including the CILCO common stock) and (ii) cash paid, payable or otherwise distributed in redemption of, or in exchange for, any collateral, shall be delivered to the collateral agent under this agreement to hold as collateral.
Common stock of CILCO is pledged as collateral to holders of CILCORP indebtedness issued under the indenture referred to above.
This Section 8.4 does not require any consent of Lenders or release by the Agent in connection with the release of property from the Lien of the CIPS Indenture, the CILCO Indenture or the IP Indenture that is made in accordance with the respective requirements of those instruments.
CILCO shall not issue any preferred stock if after giving effect to such issuance the aggregate liquidation value of all CILCO preferred stock issued after the Closing Date would exceed $50,000,000.
CILCORP Pledge Agreement dated as of October 18, 1999, as amended or supplemented: Encumbrance on CILCO Common Dividends.
CILCO will not amend, supplement, waive or terminate the CILCO Indenture in any manner that is materially adverse to the Lenders; provided the foregoing shall not prohibit CILCO from supplementing the CILCO Indenture in order to provide for the issuance of additional First Mortgage Bonds in accordance with the CILCO Indenture, subject to compliance with Section 6.19.1, or to add property to the lien of the CILCO Indenture, subject to compliance with Section 6.13.19.