The following words and terms, when used in this chapter, have
the following meanings, except as the context otherwise clearly requires:
(1) "Assignee" has the meaning accorded to such term
by §39.302 of the Texas Utilities Code.
(2) "Assignor" means an electric utility or other person
who transfers an interest in transition property to an assignee.
(3) "Certificate" means a document establishing, based
upon the file number and financing order docket number, whether there
is on file with the filing officer on the date and time stated a transition
property notice.
(4) "Commission" means the Public Utility Commission
of Texas, including a duly appointed successor entity.
(5) "File Number" means the unique identifying information
assigned to an initial transition property notice filing by the filing
officer for the purpose of identifying the transition property notice
and all documents relating to that transition property notice in the
filing officer's UCC information management system. For an initial
transition property notice filed prior to July 1, 2001, the file number
includes the year of filing expressed as a two-digit number followed
by a unique eight-digit number assigned to the transition property
notice by the filing officer. For a transition property notice with
an initial transition property notice filed on or after July 1, 2001,
the file number includes three segments; the year of filing expressed
as a two-digit number, followed by a unique eight-digit number assigned
to the transition property notice by the filing office and ending
with a two-digit verification number assigned by the filing office
but mathematically derived from the numbers in the first two segments.
The filing number bears no relation to the time of filing and is not
an indicator of priority.
(6) "Filing" means the presentation of a transition
property notice or other document described in this chapter to the
filing officer, which is evidenced by the indication of a file number
and filing date and filing time.
(7) "Filing Date" means the date at which the filing
officer receives a filing, as described by these rules.
(8) "Filing Officer" means the secretary of state,
including an appointed successor entity or office.
(9) "Filing Party" means a person who makes a filing
pursuant to this chapter.
(10) "Filing Time" means the time of day that a document
is presented for filing at the filing office and is determined by
the method of delivery.
(11) "Financing Order" has the meaning accorded to
such term by §39.302 of the Texas Utilities Code.
(12) "Financing Order Docket Number" means the financing
order file number established by the Public Utility Commission of
Texas.
(13) "Financing Party" has the meaning accorded to
such term by §39.302 of the Texas Utilities Code.
(14) "Grantor" means an electric utility or other person
who grants a security interest in transition property to another person.
(15) "Person" means an individual, 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 State of Texas, another state, the United States, or a
foreign country.
(16) "Release" means an amendment intended to indicate
an action by a financing party to alter a right, duty, or obligation
concerning the perfection of a security interest.
(17) "Retransfer" means an amendment intended to indicate
an action by an assignee to return to an assignor all or a portion
of the interest of the assignee in transition property.
(18) "Security Interest" means an interest in transition
property securing the payment or performance of an obligation.
(19) "Submitter" means a person who tenders a transition
property notice document to the filing officer for filing, whether
the person is a filer or an agent of a filer responsible for tendering
the document for filing. "Submitter" does not include a person responsible
merely for the delivery of the document to the filing office, such
as the postal service or a delivery service but does include a service
provider who acts as a filer's representative in the filing process.
(20) "Termination" means an amendment intended to indicate
that the related transition property notice has ceased to be effective
with respect to the financing party or assignee authorizing the termination.
(21) "Transition Property" has the meaning accorded
to such term by §39.302 of the Texas Utilities Code.
(22) "Transition Property Notice" means (as more fully
described in §§96.61 - 96.65 of this title):
(A) a notice of a security interest in transition property,
and all amendments to such notice; or
(B) a notice of a transfer to an assignee of an interest
in transition property, and all amendments to such notice.
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