§ 74.2. Definitions.
The following words and terms, when used in this chapter have the following meanings, unless the context clearly indicates otherwise:
Act66 Pa.C.S. Chapter 28 (relating to restructuring of electric utility industry).
AssigneeAn assignee as defined in section 2812(g) of the act (relating to approval of transition bonds).
AssignorAn electric utility or other person who transfers an interest in intangible transition property to an assignee.
CertificateA document establishing, based upon the file number, a qualified rate order docket number and general docket number, whether there is on file with the Commission on the date and time stated a presently effective intangible transition property notice.
CommissionThe Pennsylvania Public Utility Commission, including an appointed successor entity.
Continuation noticeA notice submitted to extend the effectiveness of an intangible transition property notice.
Department of StateThe Corporation Bureau of the Department of State of the Commonwealth, including an appointed successor entity.
File numberA numerical sequence assigned by the Commission to identify a specific filing made under this chapter.
FilingThe submission of a completed intangible transition property notice or other document described in this chapter to the filing officer, together with the applicable filing or processing fee, and the acceptance thereof by the filing officer as evidenced by the indication of a file number and filing date thereon.
Filing dateThe date and time at which a filing is accepted by the Commission as described in this chapter.
Filing officerAn authorized person in the Office of the Prothonotary of the Commission, including an appointed successor entity or office.
Filing partyA person who makes a filing under this chapter. The term does not include the Commission.
Financing partyA financing party as defined in section 2812(g) of the act.
General docketA generic docket established by the Commission as a collective repository for all filings pertaining to the perfection of a security interest in, or the transfer to an assignee of an interest in, intangible transition property.
General docket numberThe generic docket number M-00970937 established by the Commission to identify the general docket for perfection of security interests.
GrantorAn electric utility or other person who grants a security interest in intangible transition property to another person. The term does not include the Commission.
Information requestA request from a person to the Commission concerning a filing.
Intangible transition propertyIntangible transition property as defined in section 2812(g) of the act.
Intangible transition property noticeA notice of a security interest in, or of a transfer to an assignee of an interest in, intangible transition property, complying with § 74.6 (relating to intangible transition property notice filing; duration; lapses; filing officer) and properly filed amendments to the notice.
LapseThe expiration of the period of effectiveness of an intangible transition property notice.
PersonA human being, partnership, corporation, public authority or trust (including a business trust), unincorporated association, limited liability company, joint stock company or any other legal entity, whether public or private, existing under the laws of the Commonwealth, another state, the United States or a foreign country.
Qualified rate orderA qualified rate order as defined in section 2812(g) of the act.
Qualified rate order docket numberThe established Commission filing number for a qualified rate order.
ReleaseAn action taken by a filing party to alter a right, duty or obligation concerning the perfection of a security interest.
RetransferAn action taken by an assignee to return to an assignor all or a portion of the interest of the assignee in intangible transition property.
Security interestAn interest in intangible transition property securing the payment or performance of an obligation.
Termination noticeThe notice submitted to terminate perfection of a security interest.
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