Retail Rate Litigation definition

Retail Rate Litigation means the litigation pending in the U.S. District Court for the Northern District of Illinois, currently on appeal to the U.S. Court of Appeals for the Seventh Circuit (Case #96-CV-1735) and the litigation pending in the Circuit Court of ▇▇▇▇ County, Illinois, County Department, Chancery Division, affirmed, in part, and vacated, in part by the Appellate Court of Illinois, First District (Consolidated Action Docket Nos. 96 CH 2560 and 96 CH 12873) and remanded to the Circuit Court.
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Examples of Retail Rate Litigation in a sentence

  • The ▇▇▇▇▇▇▇ bonds are subject to special mandatory redemption, in whole or in part, from moneys transferred from the Retail Rate Litigation Proceeds Fund as defined in the ▇▇▇▇▇▇▇ indenture.

  • A Litigation Event occurs if any Litigation Proceeds, as defined in the Indenture, is actually received as a result of, or relating to the litigation referred to in the Indenture as the Retail Rate Litigation.

  • Following the occurrence and continuance of an Event of Default, the Trustee shall have a lien prior in right to the Owners of the Bonds for such compensation or reimbursement against the Trust Estate generally and any money held by it in any of the funds established hereunder, other than the Series 1999C Bond Account, the Series 1999D Bond Account and the Retail Rate Litigation Proceeds Fund.

  • The same bank, national banking association or trust company that is Trustee under this Indenture shall also be the trustee under the Retail Rate Litigation Trust Agreement.

  • To that end, whenever the trustee under the Retail Rate Litigation Trust Agreement shall resign or be removed, the Trustee under this Indenture shall immediately resign, such resignation to be effective only upon the acceptance of the appointment by the successor Trustee in accordance with the first paragraph of this Section 8.02 and the transfer by the retiring Trustee to the successor Trustee of all property held by it hereunder as Trustee.

  • In no event shall Prospective Retail Rate Litigation Proceeds (as defined below) or the fact that interest payable on the 1999 Bonds is tax-exempt be deemed to be a benefit to the 1999 Bondholders resulting in additional proceeds to the 1999 Bondholders for purposes of this Section 8.

  • FW confirms and agrees that it will be solely liable and responsible for all costs and expenses relating to or arising out of the Retail Rate Litigation.

  • The Retail Rate Litigation concerns electric rates for electricity produced by the Project (hereafter defined).