Examples of IP Indenture in a sentence
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.
IP shall at all times maintain issuance availability in an amount not less than the IP Minimum Bonding Capacity under the IP Indenture (giving effect to any applicable “Net Earnings Certificate” requirement) based upon “Property Additions” or “Retired Bonds” (as such terms are defined in the IP Indenture).
IP will not amend, supplement, waive or terminate the IP Indenture in any manner that is materially adverse to the Lenders; provided the foregoing shall not prohibit IP from supplementing the IP Indenture in order to provide for the issuance of additional First Mortgage Bonds in accordance with the IP Indenture, subject to compliance with Section 6.19.3, or to add property to the lien of the IP Indenture, subject to compliance with Section 6.13.22.