Common use of Assignment to Note Trustee Clause in Contracts

Assignment to Note Trustee. The Seller hereby --------------------------- acknowledges and consents to any mortgage, pledge, assignment and grant of a security interest by the Note Issuer to the Note Trustee pursuant to the Indenture for the benefit of the Noteholders of all right, title and interest of the Note Issuer in, to and under the Transition Property and the proceeds thereof and the assignment of any or all of the Note Issuer's rights and obligations hereunder to the Note Trustee.

Appears in 6 contracts

Samples: Transition Property Purchase and Sale Agreement (Sce Funding LLC), Transition Property Purchase and Sale Agreement (Pg&e Funding LLC), Transition Property Purchase and Sale Agreement (Sdg&e Funding LLC a De Limited Liability Co)

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Assignment to Note Trustee. The Seller hereby --------------------------- acknowledges and consents to any mortgage, pledge, assignment and grant of a security interest by the Note Issuer to the Note Trustee pursuant to the Note Indenture for the benefit of the Noteholders of all right, title and interest of the Note Issuer in, to and under the Transition Property and the proceeds thereof and the assignment of any or all of the Note Issuer's rights and obligations hereunder to the Note Trustee.

Appears in 5 contracts

Samples: Transition Property Purchase and Sale Agreement (Boston Edison Co), Transition Property Purchase and Sale Agreement (Bec Funding LLC), Transition Property Purchase and Sale Agreement (Cl&p Funding LLC)

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

Appears in 4 contracts

Samples: Transition Property Purchase and Sale Agreement (CEC Funding, LLC), Transition Property Purchase and Sale Agreement (CEC Funding, LLC), Transition Property Purchase and Sale Agreement (BEC Funding II, LLC)

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Assignment to Note Trustee. The Seller hereby --------------------------- acknowledges -------------------------- and consents to any mortgage, pledge, assignment and grant of a security interest by the Note Issuer to the Note Trustee pursuant to the Indenture for the benefit of the Noteholders of all right, title and interest of the Note Issuer in, to and under the Transition Property and the proceeds thereof and the assignment of any or all of the Note Issuer's rights and obligations hereunder to the Note Trustee.

Appears in 1 contract

Samples: Transition Property Purchase and Sale Agreement (Sierra Pacific Power Co)

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