Customer Choice Act definition

Customer Choice Act means the Customer Choice and Electricity Reliability Act as set forth in Michigan Public Acts 2000 PA 141 and 2000 PA 142 and effective on June 5, 2000.
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Customer Choice Act means the Customer Choice and Electricity Reliability Act 2000 PA 141 and 2000 PA 142.
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Examples of Customer Choice Act in a sentence

  • Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Agreement shall be limited in their entirety by the provisions of the Customer Choice Act, the Financing Order and any applicable MPSC Regulations, as in effect at the time such duties are to be performed.

  • The Seller shall use proceeds from the sale of the Securitization Property in accordance with the Financing Order and the Customer Choice Act.

  • This Class A-1 Securitization Bond is a Securitization Bond as such term is defined in the Customer Choice Act.

  • Securitization Property consists of the irrevocable right to impose and collect certain non-bypassable charges (defined in the Customer Choice Act as "Securitization Charges") to be included in electric utility bills of all electric service retail customers of Consumers Energy Company, a Michigan electric utility.

  • Principal and interest due and payable on this Securitization Bond are payable from and secured primarily by Securitization Property created and established by the Financing Order pursuant to the Customer Choice Act.

  • In any proceedings related to the exercise of the power of eminent domain by any municipality to acquire a portion of Consumers' electric distribution facilities, the Servicer shall assert that the court ordering such condemnation must treat such municipality as a successor to Consumers under the Customer Choice Act and the Financing Order.

  • The Financing Order has become effective pursuant to the Customer Choice Act and is and as of the date of issuance of any Securitization Bonds will be in full force and effect and final and non- appealable.

  • In any proceedings related to the exercise of the power of eminent domain by any municipality to acquire a portion of Consumers’ electric distribution facilities, the Servicer shall assert that the court ordering such condemnation must treat such municipality as a successor to Consumers under the Customer Choice Act and the Financing Order.

  • The Financing Order has become effective pursuant to the Customer Choice Act and is and as of the date of issuance of any Securitization Bonds will be in full force and effect and final and non-appealable.