Deferred Fuel Cost Statute definition

Deferred Fuel Cost Statute means the portion of the Virginia Electric Utility Regulation Act, effective July 1, 2023, codified at Section 249.6:2 of Title 56 of the Code of Virginia.
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Examples of Deferred Fuel Cost Statute in a sentence

  • The Indenture and this Supplement constitute a security agreement within the meaning of the Deferred Fuel Cost Statute and under the UCC to the extent that the provisions of the UCC are applicable hereto.

  • There is no order by any court providing for the revocation, alteration, limitation or other impairment of the Deferred Fuel Cost Statute, the Financing Order, the Deferred Fuel Cost Property or the Deferred Fuel Cost Charge or any rights arising under any of them or that seeks to enjoin the performance of any obligations under the Financing Order.

  • All actions or filings, including filings under the Deferred Fuel Cost Statute and the UCC, necessary to give the Issuer a valid ownership interest in the Deferred Fuel Cost Property and to grant the Indenture Trustee a first priority perfected security interest in the Deferred Fuel Cost Property, free and clear of all Liens of the Seller or any other Person have been taken or made.

  • No governmental approvals, authorizations, consents, orders or other actions or filings, other than filings under the Deferred Fuel Cost Statute or the Virginia UCC or Delaware UCC, are required for the Seller to execute, deliver and perform its obligations under this Sale Agreement except those that have previously been obtained or made or are required to be made by the Servicer in the future pursuant to the Servicing Agreement.

  • The Deferred Fuel Cost Property is not subject to any Lien thereon, other than the Liens created by the Indenture and the Deferred Fuel Cost Statute.

  • In any proceedings related to the exercise of the power of eminent domain by any locality to acquire a portion of VEPCO’s electric distribution facilities, the Servicer will assert that the court ordering such condemnation must treat such municipality as a successor to VEPCO under the Deferred Fuel Cost Statute and the Financing Order.

  • The Issuer shall have made or caused to be made all filings with the Commission pursuant to the Financing Order and the Deferred Fuel Cost Statute and all other filings necessary to perfect the Grant of the Deferred Fuel Cost Collateral to the Indenture Trustee and the Lien of this Indenture, including, but not limited, to UCC Financing Statements in Delaware or Virginia as applicable.

  • The voters of the Commonwealth of Virginia do not have initiative powers to amend, repeal or revoke the Deferred Fuel Cost Statute.

Related to Deferred Fuel Cost Statute

  • Spent fuel means any fuel element or fuel component, solid or liquid, which has been used or exposed to radiation in a nuclear reactor;

  • Spent nuclear fuel means fuel that has been withdrawn from a nuclear re- actor following irradiation, the con- stituent elements of which have not been separated by reprocessing.

  • Three-Month Term SOFR Conventions means any determination, decision or election with respect to any technical, administrative or operational matter (including with respect to the manner and timing of the publication of Three-Month Term SOFR, or changes to the definition of “Floating Interest Period”, timing and frequency of determining Three-Month Term SOFR with respect to each Floating Interest Period and making payments of interest, rounding of amounts or tenors, and other administrative matters) that the Company decides may be appropriate to reflect the use of Three-Month Term SOFR as the Benchmark in a manner substantially consistent with market practice (or, if the Company decides that adoption of any portion of such market practice is not administratively feasible or if the Company determines that no market practice for the use of Three-Month Term SOFR exists, in such other manner as the Company determines is reasonably necessary).

  • Renewable fuel means a fuel that is derived from Eligible Energy Resources. This term does not include a fossil fuel or a waste product from a fossil fuel source.

  • Additional Special Servicing Compensation As defined in Section 3.11(d).

  • Basic generation service transition costs means the amount by

  • WREGIS Operating Rules means those operating rules and requirements adopted by WREGIS as of December 2010, as subsequently amended, supplemented or replaced (in whole or in part) from time to time.