Authority To Grant Security Interest to Trustee. The parties hereto agree that pursuant to the Indenture, the Authority shall assign to the Trustee in order to secure payment of the Bonds all of the Authority’s right, title and interest in this Agreement subject to the Reserved Rights.
Appears in 2 contracts
Samples: Loan Agreement (Middlesex Water Co), Loan Agreement (Middlesex Water Co)
Authority To Grant Security Interest to Trustee. The parties hereto agree that pursuant to the Indenture, the Authority shall assign to the Trustee Trustee, in order to secure payment of the Bonds Bonds, all of the Authority’s right, title and interest in and to this Agreement subject to the Agreement, except for Reserved Rights.
Appears in 1 contract
Authority To Grant Security Interest to Trustee. The parties hereto agree that pursuant to the Indenture, the Authority shall assign to the Trustee Trustee, in order to secure payment of the Bonds Bonds, all of the Authority’s 's right, title title, and interest in and to this Agreement subject Agreement, except for certain of the Authority's rights as are expressly reserved pursuant to the Reserved Rightsgranting clauses of the Indenture.
Appears in 1 contract
Samples: Loan Agreement (Sjit Inc)