Common use of ADDITIONAL UNDERTAKINGS OF THE SELLER Clause in Contracts

ADDITIONAL UNDERTAKINGS OF THE SELLER. The Seller hereby undertakes the obligations contained in this Article V and agrees that the Issuer shall have the right to assign its rights with respect to such obligations to the Trustee for the benefit of the Transition Bondholders.

Appears in 6 contracts

Samples: Sale Agreement (JCP&L Transition Funding II LLC), Sale Agreement (JCP&L Transition Funding II LLC), Sale Agreement (Pse&g Transition Funding LLC)

AutoNDA by SimpleDocs

ADDITIONAL UNDERTAKINGS OF THE SELLER. The Seller hereby undertakes the obligations contained in this Article V and agrees that the Issuer shall have the right to assign its rights with respect to such obligations to the Trustee for the benefit of the Transition Securitization Bondholders.

Appears in 6 contracts

Samples: Sale Agreement (Consumers Funding LLC), Sale Agreement (Consumers Funding LLC), Sale Agreement (Consumers Energy Co Financing V)

ADDITIONAL UNDERTAKINGS OF THE SELLER. The Seller hereby undertakes the obligations contained in this Article V and agrees that hereby consents to the assignment by the Issuer shall have the of its right to assign its rights with respect to such obligations to the Trustee for the benefit of the Transition Bondholders.

Appears in 2 contracts

Samples: Transition Property Sale Agreement (Atlantic City Electric Transition Funding LLC), Transition Property Sale Agreement (Atlantic City Electric Transition Funding LLC)

AutoNDA by SimpleDocs

ADDITIONAL UNDERTAKINGS OF THE SELLER. The Seller hereby undertakes the obligations contained in this Article V and agrees that the Issuer shall have the right to assign its rights with respect to such obligations to the Trustee for the benefit of the BGS Transition Bondholders.

Appears in 2 contracts

Samples: Transition Property Sale Agreement (PSE&G Transition Funding II LLC), Transition Property Sale Agreement (PSE&G Transition Funding II LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.