Summary: |
Finding and order that Ohio Power Company is authorized through April 30, 2010 to terminate the lease agreement between the Company and JMG Funding. Limited Partnership, to assume the obligations of JMG Funding LP under loan agreements, incur obligations in connection with refunding of any of the fixed-rate bonds or an aggregate principal amount of $218 million auction-rate bonds or other debt of JMG; enter into
guarantees of JMG's obligations for or reimbursement obligations under any credit support for the refunded bonds, including any obligations under any new loan agreements and credit agreements; and enter into interest Rate Management Agreements, as described in the Application |
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