The Storm Recovery Collateral Sample Clauses

The Storm Recovery Collateral. The Issuer shall have made or caused to be made all filings with the Commission and the Secretary of State of the State of North Carolina pursuant to the Financing Order and the Storm Recovery Law and all other filings necessary to perfect the Grant of the Storm Recovery Collateral to the Indenture Trustee and the Lien of this Indenture and the Series Supplement, including but not limited to UCC Financing Statements in Delaware or North Carolina as applicable.

Related to The Storm Recovery Collateral

  • Collateral Each of the Banks represents to the Agent and each of the other Banks that it in good faith is not relying upon any "margin stock" (as defined in Regulation U) as collateral in the extension or maintenance of the credit provided for in this Agreement.