Examples of Securitization Debt in a sentence
The proceeds of the Recovery Bond will be used to pay or reimburse SCE for cost of paying Recovery Costs, consisting of Initial AB 1054 CapEx, Pre- Securitization Debt Financing Costs and Upfront Financing Costs.
Buyers shall have obtained the Debt Financing on terms and conditions not materially less favorable in the aggregate to Buyers and their Affiliates than the terms of the Existing Securitization Debt, with a yield to maturity not greater than such percentage set forth on Schedule 8.07, in an amount which, together with the Minimum Available Cash Amount, is at least sufficient to pay the Closing Cash Payment.
Reported as the Securitization Debt that is now removed from facility utilization.
The estimated Securitization Debt Service is expected to be less, on a net present value basis, than the LIPA Debt Service that would be included in the Authority’s rates absent the securitization contemplated by this order but including the planned refinancings described in the definition of Expected Debt Service by Category.
The Company shall not permit the outstanding principal amount of Debt of the Subsidiaries (other than (i) Debt owed to any Borrower or Subsidiary Guarantor, (ii) $250,000,000 in Securitization Debt and (ii) Debt owed under this Agreement or any other Loan Document) at any time to exceed, in the aggregate, 10% of Consolidated Total Assets.