Common use of Assignment to Issuer and to Indenture Trustee Clause in Contracts

Assignment to Issuer and to Indenture Trustee. The Seller hereby acknowledges and consents to the mortgage, pledge, assignment and grant of a security interest by the Issuer to the Indenture Trustee pursuant to the Indenture for the benefit of the Environmental Control Bondholders of all right, title and interest of the Issuer in, to and under the Environmental Control Property and the proceeds thereof and the assignment of any or all of the Issuer’s rights hereunder to the Indenture Trustee.

Appears in 4 contracts

Samples: Sale Agreement (MP Environmental Funding LLC), Sale Agreement (PE Environmental Funding LLC), Sale Agreement (MP Environmental Funding LLC)

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