DTE Electric definition
Examples of DTE Electric in a sentence
If this Agreement is one subject to the provisions MCL 691.991, then Contractor shall not be liable under this section for damage to persons or property directly caused or resulting from the sole negligence of DTE Electric, or any of its officers, agents or employees.
Termination of DTE Electric as Servicer shall not terminate DTE Electric’s rights or obligations under the Sale Agreement (except rights thereunder deriving from its rights as the Servicer hereunder).
DTE Electric, in its capacity as Seller, will not at any time assert any Lien against, or with respect to, any of the Securitization Property.
Subject to Section 6.03, DTE Electric agrees to continue, unless prevented by circumstances beyond its control, to operate its electric distribution system to provide service so long as it is acting as the Servicer under this Servicing Agreement.
In connection with any such appointment, DTE Electric may make such arrangements for the compensation of such Successor Servicer as it and such successor shall agree, subject to the limitations set forth in Section 8.02 and in the Servicing Agreement.
No such resignation shall become effective until a successor Servicer shall have assumed the responsibilities and obligations of DTE Electric in accordance with Section 7.02.
Except for such Reimbursable Expenses, the Servicer shall be required to pay all other costs and expenses incurred by the Servicer in performing its activities hereunder (but, for the avoidance of doubt, excluding any such costs and expenses incurred by DTE Electric in its capacity as Administrator).
Subject to the provisions of Section 6.03, DTE Electric shall not resign from the obligations and duties hereby imposed on it as Servicer under this Servicing Agreement except upon either (a) a determination by DTE Electric that the performance of its duties under this Servicing Agreement shall no longer be permissible under applicable law, or (b) satisfaction of the Rating Agency Condition.
DTE Electric received from (“Project Developer”) submitted by agent a ### kW / ### kVA generator interconnection application with an export capacity of ### kW and information concerning Project Developer’s project (“Interconnection Request”) for a Level # project for a system of type for a generator of type proposing to interconnect at location with project number DE-#### assigned by DTE Electric on MM/DD/YYYY.
For purposes of determining whether a majority of Holders have consented, the Securitization Bonds owned by the Issuer, DTE Electric or any Affiliate shall be disregarded; provided; the Indenture Trustee shall only be required to disregard any Securitization Bonds it actually knows to be so owned.