Common use of Assignment of Issuer’s Rights Clause in Contracts

Assignment of Issuer’s Rights. Under the Bond Indenture, the Issuer has pledged, assigned, transferred in trust and granted a security interest to the Bond Trustee in all of the Issuer’s rights, title and interest under this Lease Agreement accruing to or vested in the Issuer (except for the Issuer’s rights to payment of its fees and expenses and the Issuer’s right to indemnification in certain circumstances and as otherwise expressly set forth in this Lease Agreement) as security for the Bonds, and such rights, title and interest may be exercised, protected and enforced for or on behalf of the owners of the Bonds in conformity with this Lease Agreement, the Bond Indenture and the other Transaction Documents. The Bond Trustee is hereby given the right to enforce, as assignee of the Issuer, the performance of the obligations of the Company under this Lease Agreement, and the Company hereby consents to the same and agrees that the Bond Trustee may enforce such rights as provided in this Lease Agreement and in the Bond Indenture and the other Transaction Documents. This Lease Agreement recognizes that the Bond Trustee is a third party creditor-beneficiary of this Lease Agreement.

Assignment of Issuer’s Rights. Under the Bond Indenture, the Issuer has pledged, assigned, transferred in trust and granted a security interest to the Bond Trustee in all of the Issuer’s rights, title and interest under this Lease Agreement accruing to or vested in the Issuer (except for the Issuer’s rights to payment of its fees and expenses and the Issuer’s right to indemnification in certain circumstances and as otherwise expressly set forth in this Lease Agreement) as security for the Bonds, and such rights, title and interest may be exercised, protected and enforced for or on behalf of the owners of the Bonds in conformity with this Lease Agreement, the Bond Indenture and the other Transaction Documents, subject to the Foundation Lease. The Bond Trustee is hereby given the right to enforce, as assignee of the Issuer, the performance of the obligations of the Company Corporation under this Lease Agreement, and the Company Corporation hereby consents to the same and agrees that the Bond Trustee may enforce such rights as provided in this Lease Agreement and in the Bond Indenture and the other Transaction Documents. This Lease Agreement recognizes that the Bond Trustee is a third party creditor-beneficiary of this Lease Agreement.

Assignment of Issuer’s Rights. Under the Bond Indenture, the Issuer has pledged, assigned, transferred in trust and granted a security interest to the Bond Trustee in all of the Issuer’s rights, title and interest under this Lease Agreement accruing to or vested in the Issuer (except for the Issuer’s rights to payment of its fees and expenses and the Issuer’s right to indemnification in certain circumstances and as otherwise expressly set forth in this Lease Agreement) as security for the Bonds, and such rights, title and interest may be exercised, protected and enforced for or on behalf of the owners of the Bonds in conformity with this Lease Agreement, the Bond Indenture and the other Transaction Documents. The Bond Trustee is hereby given the right to enforce, as assignee of the Issuer, the performance of the obligations of the Company FHLBank under this Lease Agreement, and the Company FHLBank hereby consents to the same and agrees that the Bond Trustee may enforce such rights as provided in this Lease Agreement and in the Bond Indenture and the other Transaction Documents. This Lease Agreement recognizes that the Bond Trustee is a third party creditor-beneficiary of this Lease Agreement.

Assignment of Issuer’s Rights. Under the Bond Indenture, the Issuer has pledged, assigned, transferred in trust and granted a security interest to the Bond Trustee in all of the Issuer’s rights, title and interest under this Lease Agreement accruing to or vested in the Issuer (except for the Issuer’s rights to payment of its fees and expenses and expenses, the Issuer’s right to indemnification in certain circumstances and as otherwise expressly set forth in this Lease Agreement, the Issuer’s right to receive PILOT payments in satisfaction of Section 6.20 and the covenants contained in Section 6.21 hereof) as security for the Bonds, and such rights, title and interest may be exercised, protected and enforced for or on behalf of the owners of the Bonds in conformity with this Lease Agreement, the Bond Indenture Agreement and the other Transaction DocumentsIndenture. The Bond Trustee is hereby given the right to enforce, as assignee of the Issuer, the performance of the obligations of the Company under this Lease Agreement, and the Company hereby consents to the same and agrees that the Bond Trustee may enforce such rights as provided in this Lease Agreement and in the Bond Indenture Indenture. The Issuer and the other Transaction Documents. This Lease Agreement recognizes Company recognize that the Bond Trustee is a third party creditor-beneficiary of this Lease Agreement.