ADDITIONAL UNDERTAKINGS OF SELLER. The Seller hereby undertakes the obligations contained in this Article V and acknowledges that the Issuer shall have the right to assign its rights with respect to such obligations to the Indenture Trustee for the benefit of the Transition Bondholders.
ADDITIONAL UNDERTAKINGS OF SELLER. Seller shall perform the following undertakings:
ADDITIONAL UNDERTAKINGS OF SELLER a. It shall be Seller's obligation to stabilize the Property in accordance with governmental regulations. Except for construction of houses and stabilization on Lots and green area, including building leadwalks, which shall be constructed by Purchaser, Seller shall hold Purchaser harmless and indemnify it with respect to any condition or requirement of Seller's Public Works Agreements, Sediment and Soil Erosion Agreements, and Utility Agreements affecting the Lots, except for any negligent or intentional act of Purchaser, its contractors, subcontractors or employees. Anything to the contrary notwithstanding, Seller shall be responsible at all times for stabilization of recreation areas, except for any negligence or intentional act of Purchaser, its contractors, subcontractors or employees.
ADDITIONAL UNDERTAKINGS OF SELLER. (a) On the Closing Date, the Seller agrees to execute, acknowledge, and deliver, or cause to be executed, acknowledged, and delivered, to Purchaser a Special Warranty Deed, in form attached as Exhibit C and in proper form for recording, conveying the Property to Purchaser, free and clear of all liens, encumbrances, covenants, conditions, and other matters affecting title, except the Permitted Exceptions.
ADDITIONAL UNDERTAKINGS OF SELLER. (a) Seller shall give or cause to be given to Purchaser, and its agents and representatives, full access to the Real Property.
ADDITIONAL UNDERTAKINGS OF SELLER. 14 Section 5.01. Liability of the Seller; Indemnities 14 Section 5.02. Merger or Consolidation of, or Assumption of the Obligations of, the Seller 16 Section 5.03. Conversion of the Seller to a Limited Liability Company 18 Section 5.04. Limitation on Liability of the Seller And Others 18 ARTICLE VI MISCELLANEOUS PROVISIONS 18 Section 6.01 Amendment 18 Section 6.02 Notices 18 Section 6.03 Assignment by the Seller 19 Section 6.04 Assignment to the Indenture Trustee 19 Section 6.05 Limitations on Rights of Others 19 Section 6.06 Severability 19 Section 6.07 Separate Counterparts 20 Section 6.08 Headings 20 Section 6.09 Governing Law 20 Section 6.10 Nonpetition Covenants 20 APPENDIX A DEFINITIONS TRANSITION PROPERTY SALE AGREEMENT (this "Agreement") dated September , 2001, between RELIANT ENERGY TRANSITION BOND COMPANY LLC, a Delaware limited liability company (the "Issuer"), and RELIANT ENERGY, INCORPORATED, a Texas corporation, as seller (the "Seller").
ADDITIONAL UNDERTAKINGS OF SELLER
