PUCT definition
Examples of PUCT in a sentence
The receipt by any Oncor Party of any notice, complaint or order from the PUCT concerning the validity, effectiveness, or enforceability of this Agreement, or that propose or require any waiver or forbearance of or amendment to any provision of any of the Transaction Documents.
The Borrower is not itself a “public utility” under the Public Utility Regulatory Act of Texas and is not itself subject to regulation as a “public utility” by the PUCT under Chapters 36 to and through 38 nor Section 39.158 of PURA.
Notwithstanding anything to the contrary contained herein, if an Event of Default has occurred and is continuing, the Administrative Agent may direct the Servicer (subject to any requirements or restrictions set forth in the Tariff, PURA or the PUCT) to commence or settle any legal action to enforce collection of any Pool Receivable that is a Defaulted Receivable or to foreclose upon or repossess any Related Security with respect to any such Defaulted Receivable.
The Servicer has obtained all approvals from and provided all notices to the PUCT as are required in connection with the execution, delivery and performance by each Oncor Party of this Agreement and the other Transaction Documents and such approvals are administratively final and not subject to any investigation, litigation, suspension, rehearing, or appeal.