Funding Conditions has the meaning set forth in Section 4.2(a).
GAAP means generally accepted accounting principles in the United States in effect from time to time.
Governmental Authority means any nation or government, any state or other political subdivision thereof, any central bank (or similar monetary or regulatory authority) thereof, any body or entity exercising executive, legislative, judicial, taxing, regulatory or administrative functions of or pertaining to government, including any court, and any Person owned or controlled, through stock or capital ownership or otherwise, by any of the foregoing.
Guarantor means Vistra.
Guaranty means that certain Guaranty, dated as of the Effective Date, executed by Guarantor in favor of Buyer.
Indemnified Amounts has the meaning set forth in Section 8.1.
Indemnified Person has the meaning set forth in Section 8.1.
Information Package has the meaning set forth in the Securitization Purchase Agreement.
Insolvency Proceeding means (a) any case, action or proceeding before any court or other Governmental Authority relating to bankruptcy, reorganization, insolvency, liquidation, receivership, dissolution, winding-up or relief of debtors; or (b) any general assignment for the benefit of creditors of a Person, or composition, marshaling of assets for creditors of a Person, or other similar arrangement in respect of its creditors generally or any substantial portion of its creditors, in each of cases (a) and (b) undertaken under United States Federal, state or foreign law, including the Bankruptcy Code.
Intended Tax Treatment has the meaning set forth in Section 9.17.
Internal Revenue Code means the Internal Revenue Code of 1986, as amended from time to time, and any successor statute of similar import, together with the regulations thereunder, in each case as in effect from time to time. References to sections of the Internal Revenue Code also refer to any successor sections.
Law means any law (including common law), constitution, statute, treaty, regulation, rule, ordinance, order, injunction, writ, decree or award of any government or political subdivision or any agency, authority, bureau, central bank, commission, department or instrumentality of either, or any court, tribunal, grand jury or arbitrator, in each case, whether foreign or domestic.
LIBO Rate has the meaning set forth in the Master Repurchase Agreement.