Enforceable Obligations definition

Enforceable Obligations has the meaning assigned to such term in §34171(d) of the Law.
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Enforceable Obligations is defined in Recital H. “Environmental Laws” is defined in Section 5.1(b). “Equal Benefits Policy” is defined in Section 3.7(c).
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Enforceable Obligations. Borrower has the corporate or other power and authority, and the legal right, to make, deliver and perform the Loan Documents and to borrow hereunder; and Borrower has taken all necessary corporate action to authorize the borrowings on the terms and conditions of this Agreement and the Note; Borrower has taken all necessary corporate or other action to authorize the execution, delivery and performance of the Loan Documents to be executed as of the date hereof. No consent or authorization of, filing with, notice to or other act by or in respect of, any Governmental Authority or any other Person is required in connection with the borrowings hereunder or with the execution, delivery, performance, validity or enforceability of the Loan Documents. This Agreement and each other Loan Document have been duly executed and delivered on behalf of Borrower. This Agreement and each other Loan Document constitutes a legal, valid and binding obligation of Borrower, enforceable against Borrower in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors' rights generally and by general equitable principles (whether enforcement is sought by proceedings in equity or at law).
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Examples of Enforceable Obligations in a sentence

  • The PUC is therefore entitled to deference in defining the parameters for creating Legally Enforceable Obligations.

  • Instead, Power Resource III held that state regulatory agencies—rather than FERC—were empowered to define the parameters of the circumstances in which Qualified Facilities could form Legally Enforceable Obligations.

  • When that court had the opportunity to review the decision of the Texas commission, the court held:In sum, Exelon has failed to show that PURPA and FERC's Regulation mandate that all Qualifying Facilities be able to create Legally Enforceable Obligations at any time.

  • The DDA has been affirmed by the Agency pursuant to Health & Safety Code Section 34171(d) and it is on the Schedule of Enforceable Obligations of the Agency pursuant to Health & Safety Code Section 34177.

  • Corporate Power; Authorization; Enforceable Obligations ...............................................................................

  • Following consideration by the operational and executive group it is recommended that we devise an Emergency Support Scheme to be managed from within the Children with Disabilities Team.

  • With increasing political, economic and environmental concerns about climate change and energy security, the world has to rethink its fossil-fuel-based energy structure and consider accelerating the development of renewable energy (Kim et al., 2009; Melillo et al., 2009).Bioenergy is expected to play an important role in the global energy mix in the foreseeable future.

  • The Bank may use the Feedback for any purposewithout obligation of any kind to the Applicant and in no event shall the Bank be liable to the Applicant pertaining to the Feedback or the use of such Feedback.

  • Successor Agency may use the Loan Proceeds to pay Enforceable Obligations (as such term is defined in the Dissolution Law).

  • Impact on Taxing Entities There will be no impact on Taxing Entities beyond the necessary use of RPTTF revenue for repayment of Enforceable Obligations as required by law.


More Definitions of Enforceable Obligations

Enforceable Obligations mean enforceable obligations, other than Excess Bond Proceeds obligations, as defined under the Dissolution Law.
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Related to Enforceable Obligations

  • Fully Transferable Obligation means a Valuation Obligation that is either Transferable, in the case of Bonds, or capable of being assigned or novated to all Eligible Transferees without the consent of any person being required, in the case of any Valuation Obligation other than Bonds, in each case, as of the Valuation Date. Any requirement that notification of novation, assignment or transfer of a Valuation Obligation be provided to a trustee, fiscal agent, administrative agent, clearing agent or paying agent for a Valuation Obligation shall not be considered to be a requirement for consent for purposes of Section 3.31.

  • Conditionally Transferable Obligation means a Valuation Obligation that is either Transferable, in the case of Bonds, or capable of being assigned or novated to all Modified Eligible Transferees without the consent of any person being required, in the case of any Valuation Obligation other than Bonds, in each case, as of the Valuation Date, provided, however, that a Valuation Obligation other than Bonds will be a Conditionally Transferable Obligation notwithstanding that consent of the Reference Entity or the guarantor, if any, of a Valuation Obligation other than Bonds (or the consent of the relevant obligor if the Reference Entity is guaranteeing such Valuation Obligation) or any agent is required for such novation, assignment or transfer so long as the terms of such Valuation Obligation provide that such consent may not be unreasonably withheld or delayed. Any requirement that notification of novation, assignment or transfer of a Valuation Obligation be provided to a trustee, fiscal agent, administrative agent, clearing agent or paying agent for a Valuation Obligation shall not be considered to be a requirement for consent for purposes of Section 3.32(b).