Collection of Indebtedness and Suits for Enforcement by Indenture Trustee. (a) If an Event of Default under Section 5.01(a)(i) or (ii) has occurred and is continuing, subject to Section 10.18, the Indenture Trustee, in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and, subject to the limitations on recourse set forth herein, may enforce the same against the Issuer or other obligor upon the Recovery Bonds and collect in the manner provided by law out of the property of the Issuer or other obligor upon the Recovery Bonds, wherever situated the moneys payable, or the Recovery Bond Collateral and the proceeds thereof, the whole amount then due and payable on the Recovery Bonds for principal, premium, if any, and interest, with interest upon the overdue principal and premium, if any, and, to the extent payment at such rate of interest shall be legally enforceable, upon overdue installments of interest, at the respective rate borne by the Recovery Bonds or the applicable Tranche and in addition thereto such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Indenture Trustee and its agents and counsel.
Appears in 22 contracts
Samples: Indenture (PACIFIC GAS & ELECTRIC Co), Indenture (PG&E Recovery Funding LLC), Indenture (PG&E Recovery Funding LLC)
Collection of Indebtedness and Suits for Enforcement by Indenture Trustee. (a) If an Event of Default under Section 5.01(a)(i) or (ii) has occurred and is continuing, subject to Section 10.18, the Indenture Trustee, in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and, subject to the limitations on recourse set forth herein, may enforce the same against the Issuer or other obligor upon the Recovery Securitized Utility Tariff Bonds and collect in the manner provided by law out of the property of the Issuer or other obligor upon the Recovery Securitized Utility Tariff Bonds, wherever situated the moneys payable, or the Recovery Securitized Utility Tariff Bond Collateral and the proceeds thereof, the whole amount then due and payable on the Recovery Securitized Utility Tariff Bonds for principal, premium, if any, and interest, with interest upon the overdue principal and premium, if any, and, to the extent payment at such rate of interest shall be legally enforceable, upon overdue installments of interest, at the respective rate borne by the Recovery Securitized Utility Tariff Bonds or the applicable Tranche and in addition thereto such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Indenture Trustee and its agents and counsel.
Appears in 7 contracts
Samples: Indenture (Ameren Missouri Securitization Funding I, LLC), Indenture (Evergy Missouri West Storm Funding I, LLC), Indenture (Evergy Missouri West Storm Funding I, LLC)
Collection of Indebtedness and Suits for Enforcement by Indenture Trustee. (a) If an Event of Default under Section 5.01(a)(i5.01(a) or (iiSection 5.01(b) has occurred and is continuing, subject to Section 10.1810.16, the Indenture Trustee, in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and, subject to the limitations on recourse set forth herein, may enforce the same against the Issuer or other obligor upon the Storm Recovery Bonds and collect in the manner provided by law out of the property of the Issuer or other obligor upon the Storm Recovery Bonds, Bonds wherever situated the moneys payable, or the Storm Recovery Bond Collateral and the proceeds thereof, the whole amount then due and payable on the Storm Recovery Bonds for principal, premium, if any, and interest, with interest upon the overdue principal and premium, if any, and, to the extent payment at such rate of interest shall be legally enforceable, upon overdue installments of interest, at the respective rate borne by the Storm Recovery Bonds or the applicable Tranche tranche and in addition thereto such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Indenture Trustee and its agents and counsel.
Appears in 6 contracts
Samples: Indenture (Duke Energy Progress NC Storm Funding LLC), Indenture (Duke Energy Progress NC Storm Funding LLC), Indenture (Duke Energy Progress NC Storm Funding LLC)
Collection of Indebtedness and Suits for Enforcement by Indenture Trustee. (a) If an Event of Default under Section 5.01(a)(i5.01(a) or (iiSection 5.01(b) has occurred and is continuing, subject to Section 10.1810.16, the Indenture Trustee, in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and, subject to the limitations on recourse set forth herein, may enforce the same against the Issuer or other obligor upon the Recovery Securitized Utility Tariff Bonds and collect in the manner provided by applicable law out of the property of the Issuer or other obligor upon the Recovery Bonds, Securitized Utility Tariff Bonds wherever situated the moneys payable, or the Recovery Bond Collateral Trust Estate and the proceeds thereof, the whole amount then due and payable on the Recovery Securitized Utility Tariff Bonds for principal, premium, if any, and interest, with interest upon the overdue principal and premium, if any, and, to the extent payment at such rate of interest shall be legally enforceable, upon overdue installments of interest, at the respective rate borne by the Recovery Securitized Utility Tariff Bonds or the applicable Tranche and in addition thereto such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Indenture Trustee and its agents and counsel.
Appears in 6 contracts
Samples: Indenture (Atmos Energy Kansas Securitization I, LLC), Indenture (Kansas Gas Service Securitization I, L.L.C.), Indenture (Kansas Gas Service Securitization I, L.L.C.)
Collection of Indebtedness and Suits for Enforcement by Indenture Trustee. (a) If an Event of Default under Section 5.01(a)(i5.01(a) or (iiSection 5.01(b) has occurred and is continuing, subject to Section 10.18, the Indenture Trustee, in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and, subject to the limitations on recourse set forth herein, may enforce the same against the Issuer or other obligor upon the Recovery Environmental Trust Bonds and collect in the manner provided by law out of the property of the Issuer or other obligor upon the Recovery Environmental Trust Bonds, wherever situated the moneys payable, or the Recovery Environmental Trust Bond Collateral and the proceeds thereof, the whole amount then due and payable on the Recovery Environmental Trust Bonds for principal, premium, if any, and interest, with interest upon the overdue principal and premium, if any, and, to the extent payment at such rate of interest shall be legally enforceable, upon overdue installments of interest, at the respective rate borne by the Recovery Environmental Trust Bonds or the applicable Tranche and in addition thereto such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Indenture Trustee and its agents and external counsel.
Appears in 5 contracts
Samples: Indenture (WEPCo Environmental Trust Finance I, LLC), Indenture (WEPCo Environmental Trust Finance I, LLC), Indenture (WEPCo Environmental Trust Finance I, LLC)
Collection of Indebtedness and Suits for Enforcement by Indenture Trustee. (a) If an Event of Default under Section 5.01(a)(i5.01(a) or (iiSection 5.01(b) has occurred and is continuing, subject to Section 10.18, the Indenture Trustee, in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and, subject to the limitations on recourse set forth herein, may enforce the same against the Issuer or other obligor upon the Recovery Securitization Bonds and collect in the manner provided by law out of the property of the Issuer or other obligor upon the Recovery Securitization Bonds, wherever situated the moneys payable, or the Recovery Securitization Bond Collateral and the proceeds thereof, the whole amount then due and payable on the Recovery Securitization Bonds for principal, premium, if any, and interest, with interest upon the overdue principal and premium, if any, and, to the extent payment at such rate of interest shall be legally enforceable, upon overdue installments of interest, at the respective rate borne by the Recovery Securitization Bonds or the applicable Tranche and in addition thereto such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Indenture Trustee and its agents and external counsel.
Appears in 5 contracts
Samples: Indenture (DTE Electric Securitization Funding II LLC), Indenture (DTE Electric Securitization Funding II LLC), Indenture (DTE Electric Securitization Funding II LLC)
Collection of Indebtedness and Suits for Enforcement by Indenture Trustee. (a) If an Event of Default under Section 5.01(a)(i5.01(a) or (iiSection 5.01(b) has occurred and is continuing, subject to Section 10.1810.16, the Indenture Trustee, in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and, subject to the limitations on recourse set forth herein, may enforce the same against the Issuer or other obligor upon the Storm Recovery Bonds and collect in the manner provided by applicable law out of the property of the Issuer or other obligor upon the Storm Recovery Bonds, Bonds wherever situated the moneys payable, or the Recovery Bond Collateral Trust Estate and the proceeds thereof, the whole amount then due and payable on the Storm Recovery Bonds for principal, premium, if any, and interest, with interest upon the overdue principal and premium, if any, and, to the extent payment at such rate of interest shall be legally enforceable, upon overdue installments of interest, at the respective rate borne by the Storm Recovery Bonds or the applicable Tranche tranche and in addition thereto such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Indenture Trustee and its agents and counsel.
Appears in 4 contracts
Samples: Indenture (Cleco Power LLC), Indenture (Cleco Power LLC), Indenture (Cleco Power LLC)
Collection of Indebtedness and Suits for Enforcement by Indenture Trustee. (a) If an Event of Default under Section 5.01(a)(i5.01(a) or (iiSection 5.01(b) has occurred and is continuing, subject to Section 10.1810.16, the Indenture Trustee, in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and, subject to the limitations on recourse set forth herein, may enforce the same against the Issuer or other obligor upon the Recovery Energy Transition Bonds and collect in the manner provided by law out of the property of the Issuer or other obligor upon the Recovery Bonds, Energy Transition Bonds wherever situated the moneys payable, or the Recovery Bond Collateral and the proceeds thereof, the whole amount then due and payable on the Recovery Energy Transition Bonds for principal, premium, if any, and interest, with interest upon the overdue principal and premium, if any, and, to the extent payment at such rate of interest shall be legally enforceable, upon overdue installments of interest, at the respective rate borne by the Recovery Energy Transition Bonds or the applicable Tranche and in addition thereto such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Indenture Trustee and its agents and counsel.
Appears in 4 contracts
Samples: Intercreditor Agreement (PNM Energy Transition Bond Co I, LLC), Intercreditor Agreement (PNM Energy Transition Bond Co I, LLC), Intercreditor Agreement (PNM Energy Transition Bond Co I, LLC)
Collection of Indebtedness and Suits for Enforcement by Indenture Trustee. (a) If an Event of Default under Section 5.01(a)(i5.01(a) or (iiSection 5.01(b) has occurred and is continuing, subject to Section 10.1810.16, the Indenture Trustee, in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and, subject to the limitations on recourse set forth herein, may enforce the same against the Issuer or other obligor upon the Storm Recovery Bonds and collect in the manner provided by law out of the property of the Issuer or other obligor upon the Storm Recovery Bonds, Bonds wherever situated the moneys payable, or the Storm Recovery Bond Collateral and the proceeds thereof, the whole amount then due and payable on the Storm Recovery Bonds for principal, premium, if any, and interest, with interest upon the overdue principal and premium, if any, and, to the extent payment at such rate of interest shall be legally enforceable, upon overdue installments of interest, at the respective rate borne by the Storm Recovery Bonds or the applicable Tranche and in addition thereto such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Indenture Trustee and its agents and counsel.
Appears in 4 contracts
Samples: Indenture (Duke Energy Progress SC Storm Funding LLC), Indenture (Duke Energy Progress SC Storm Funding LLC), Indenture (Duke Energy Progress SC Storm Funding LLC)
Collection of Indebtedness and Suits for Enforcement by Indenture Trustee. (a) If an Event of Default under Section 5.01(a)(i5.01(a) or (iiSection 5.01(b) has occurred and is continuing, subject to Section 10.1810.16, the Indenture Trustee, in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and, subject to the limitations on recourse set forth herein, may enforce the same against the Issuer or other obligor upon the Recovery Securitization Bonds and collect in the manner provided by law out of the property of the Issuer or other obligor upon the Recovery Bonds, Securitization Bonds wherever situated the moneys payable, or the Recovery Securitization Bond Collateral and the proceeds thereof, the whole amount then due and payable on the Recovery Securitization Bonds for principal, premium, if any, and interest, with interest upon the overdue principal and premium, if any, and, to the extent payment at such rate of interest shall be legally enforceable, upon overdue installments of interest, at the respective rate borne by the Recovery Securitization Bonds or the applicable Tranche and in addition thereto such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Indenture Trustee and its agents and counsel.
Appears in 4 contracts
Samples: Indenture (Consumers Energy Co), Indenture (Consumers Energy Co), Indenture (Consumers 2014 Securitization Funding LLC)
Collection of Indebtedness and Suits for Enforcement by Indenture Trustee. (a) If an Event of Default under Section 5.01(a)(i5.01(a) or (iiSection 5.01(b) has occurred and is continuing, subject to Section 10.1810.16, the Indenture Trustee, in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and, subject to the limitations on recourse set forth herein, may enforce the same against the Issuer or other obligor upon the Recovery Securitization Bonds and collect in the manner provided by law out of the property of the Issuer or other obligor upon the Recovery Bonds, Securitization Bonds wherever situated the moneys payable, or the Recovery Securitization Bond Collateral and the proceeds thereof, the whole amount then due and payable on the Recovery Securitization Bonds for principal, premium, if any, and interest, with interest upon the overdue principal and premium, if any, and, to the extent payment at such rate of interest shall be legally enforceable, upon overdue installments of interest, at the respective rate borne by the Recovery Securitization Bonds or the applicable Tranche and in addition thereto such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Indenture Trustee and its agents and external counsel.
Appears in 3 contracts
Samples: Indenture (Consumers 2023 Securitization Funding LLC), Indenture (Consumers 2023 Securitization Funding LLC), Indenture (Consumers 2023 Securitization Funding LLC)
Collection of Indebtedness and Suits for Enforcement by Indenture Trustee. (a) If an Event of Default under Section 5.01(a)(i5.01(i) or (ii) has occurred and is continuing, subject to Section 10.1810.19, the Indenture Trustee, in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and, subject to the limitations on recourse set forth herein, may enforce the same against the Issuer or other obligor upon the Recovery Consumer Rate Relief Bonds and collect in the manner provided by law out of the property of the Issuer or other obligor upon the Recovery Consumer Rate Relief Bonds, wherever situated the moneys payable, or the Recovery CRR Bond Collateral and the proceeds thereof, the whole amount then due and payable on the Recovery Consumer Rate Relief Bonds for principal, premium, if any, and interest, with interest upon the overdue principal and premium, if any, and, to the extent payment at such rate of interest shall be legally enforceable, upon overdue installments of interest, at the respective rate borne by the Recovery Consumer Rate Relief Bonds or the applicable Tranche and in addition thereto such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Indenture Trustee and its agents and counsel.
Appears in 3 contracts
Samples: Intercreditor Agreement (Appalachian Consumer Rate Relief Funding LLC), Intercreditor Agreement (Appalachian Consumer Rate Relief Funding LLC), Intercreditor Agreement (Appalachian Consumer Rate Relief Funding LLC)
Collection of Indebtedness and Suits for Enforcement by Indenture Trustee. (a) If an Event of Default under Section 5.01(a)(i5.01(a) or (iiSection 5.01(b) has occurred and is continuing, subject to Section 10.1810.16, the Indenture Trustee, in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and, subject to the limitations on recourse set forth herein, may enforce the same against the Issuer or other obligor upon the Recovery Securitization Bonds and collect in the manner provided by applicable law out of the property of the Issuer or other obligor upon the Recovery Bonds, Securitization Bonds wherever situated the moneys payable, or the Recovery Bond Collateral Trust Estate and the proceeds thereof, the whole amount then due and payable on the Recovery Securitization Bonds for principal, premium, if any, and interest, with interest upon the overdue principal and premium, if any, and, to the extent payment at such rate of interest shall be legally enforceable, upon overdue installments of interest, at the respective rate borne by the Recovery Securitization Bonds or the applicable Tranche tranche and in addition thereto such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Indenture Trustee and its agents and counsel.
Appears in 3 contracts
Samples: Securitization Property Servicing Agreement (SIGECO Securitization I, LLC), Securitization Property Servicing Agreement (SIGECO Securitization I, LLC), Securitization Property Servicing Agreement (SIGECO Securitization I, LLC)
Collection of Indebtedness and Suits for Enforcement by Indenture Trustee. (a) If an Event of Default under Section 5.01(a)(i5.01(i) or (ii) has occurred and is continuing, subject to Section 10.1810.19, the Indenture Trustee, in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and, subject to the limitations on recourse set forth herein, may enforce the same against the Issuer or other obligor upon the Recovery System Restoration Bonds and collect in the manner provided by law out of the property of the Issuer or other obligor upon the Recovery System Restoration Bonds, wherever situated the moneys payable, or the Recovery System Restoration Bond Collateral and the proceeds thereof, the whole amount then due and payable on the Recovery System Restoration Bonds for principal, premium, if any, and interest, with interest upon the overdue principal and premium, if any, and, to the extent payment at such rate of interest shall be legally enforceable, upon overdue installments of interest, at the respective rate borne by the Recovery System Restoration Bonds or the applicable Tranche and in addition thereto such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Indenture Trustee and its agents and counsel.
Appears in 3 contracts
Samples: Indenture (AEP Texas Restoration Funding LLC), Indenture (AEP Texas Restoration Funding LLC), Indenture (AEP Texas Restoration Funding LLC)
Collection of Indebtedness and Suits for Enforcement by Indenture Trustee. (a) If an Event of Default under Section 5.01(a)(i5.01(i) or (ii) has occurred and is continuing, subject to Section 10.18, the Indenture Trustee, in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and, subject to the limitations on recourse set forth herein, may enforce the same against the Issuer or other obligor upon the such Storm Recovery Bonds and collect in the manner provided by law out of the property of the Issuer or other obligor upon the such Storm Recovery Bonds, wherever situated the moneys payable, or the related Storm Recovery Bond Collateral and the proceeds thereof, the whole amount then due and payable on the Storm Recovery Bonds for principal, premium, if any, and interest, with interest upon the overdue principal and premium, if any, and, to the extent payment at such rate of interest shall be legally enforceable, upon overdue installments of interest, at the respective rate borne by the Storm Recovery Bonds or the applicable Tranche and in addition thereto such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Indenture Trustee and its agents and counsel.
Appears in 3 contracts
Samples: Indenture (Entergy New Orleans Storm Recovery Funding I, L.L.C.), Indenture (Entergy New Orleans Storm Recovery Funding I, L.L.C.), Indenture (Entergy New Orleans Storm Recovery Funding I, L.L.C.)
Collection of Indebtedness and Suits for Enforcement by Indenture Trustee. (a) If an Event of Default under Section 5.01(a)(i5.01(i) or (ii) has occurred and is continuing, subject to Section 10.1810.19, the Indenture Trustee, in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and, subject to the limitations on recourse set forth herein, may enforce the same against the Issuer or other obligor upon the Recovery such System Restoration Bonds and collect in the manner provided by law out of the property of the Issuer or other obligor upon the Recovery such System Restoration Bonds, wherever situated the moneys payable, or the Recovery related System Restoration Bond Collateral and the proceeds thereof, the whole amount then due and payable on the Recovery System Restoration Bonds for principal, premium, if any, and interest, with interest upon the overdue principal and premium, if any, and, to the extent payment at such rate of interest shall be legally enforceable, upon overdue installments of interest, at the respective rate borne by the Recovery System Restoration Bonds or the applicable Tranche and in addition thereto such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Indenture Trustee and its agents and counsel.
Appears in 3 contracts
Samples: Indenture (Entergy Texas, Inc.), Indenture (Entergy Texas, Inc.), Indenture (Entergy Texas, Inc.)
Collection of Indebtedness and Suits for Enforcement by Indenture Trustee. (a) If an Event of Default under Section 5.01(a)(i5.01(i) or (ii) has occurred and is continuing, subject to Section 10.1810.19, the Indenture Trustee, in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and, subject to the limitations on recourse set forth herein, may enforce the same against the Issuer or other obligor upon the Recovery Transition Bonds and collect in the manner provided by law out of the property of the Issuer or other obligor upon the Recovery Transition Bonds, wherever situated the moneys payable, or the Recovery Transition Bond Collateral and the proceeds thereof, the whole amount then due and payable on the Recovery Transition Bonds for principal, premium, if any, and interest, with interest upon the overdue principal and premium, if any, and, to the extent payment at such rate of interest shall be legally enforceable, upon overdue installments of interest, at the respective rate borne by the Recovery Transition Bonds or the applicable Tranche and in addition thereto such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Indenture Trustee and its agents and counsel.
Appears in 3 contracts
Samples: Indenture (AEP Transition Funding III LLC), Indenture (AEP Transition Funding III LLC), Indenture (AEP Transition Funding III LLC)
Collection of Indebtedness and Suits for Enforcement by Indenture Trustee. (a) If an Event of Default under Section 5.01(a)(i5.01(i) or (ii) has occurred and is continuing, subject to Section 10.18, the Indenture Trustee, in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and, subject to the limitations on recourse set forth herein, may enforce the same against the Issuer or other obligor upon the such Investment Recovery Bonds and collect in the manner provided by law out of the property of the Issuer or other obligor upon the such Investment Recovery Bonds, wherever situated the moneys payable, or the related Investment Recovery Bond Collateral and the proceeds thereof, the whole amount then due and payable on the Investment Recovery Bonds for principal, premium, if any, and interest, with interest upon the overdue principal and premium, if any, and, to the extent payment at such rate of interest shall be legally enforceable, upon overdue installments of interest, at the respective rate borne by the Investment Recovery Bonds or the applicable Tranche and in addition thereto such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Indenture Trustee and its agents and counsel.
Appears in 2 contracts
Samples: Indenture (Entergy Louisiana Investment Recovery Funding I, L.L.C.), Indenture (Entergy Louisiana Investment Recovery Funding I, L.L.C.)
Collection of Indebtedness and Suits for Enforcement by Indenture Trustee. (a) If an Event of Default under Section 5.01(a)(i5.01(a) or (iiSection 5.01(b) has occurred and is continuing, subject to Section 10.1810.16, the Indenture Trustee, in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and, subject to the limitations on recourse set forth herein, may enforce the same against the Issuer or other obligor upon the Recovery Deferred Fuel Cost Bonds and collect in the manner provided by law out of the property of the Issuer or other obligor upon the Recovery Bonds, Deferred Fuel Cost Bonds wherever situated the moneys payable, or the Recovery Bond Deferred Fuel Cost Collateral and the proceeds thereof, the whole amount then due and payable on the Recovery Deferred Fuel Cost Bonds for principal, premium, if any, and interest, with interest upon the overdue principal and premium, if any, and, to the extent payment at such rate of interest shall be legally enforceable, upon overdue installments of interest, at the respective rate borne by the Recovery Deferred Fuel Cost Bonds or the applicable Tranche and in addition thereto such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Indenture Trustee and its agents and counsel.
Appears in 2 contracts
Samples: Indenture (Virginia Power Fuel Securitization, LLC), Indenture (Virginia Power Fuel Securitization, LLC)
Collection of Indebtedness and Suits for Enforcement by Indenture Trustee. (a) If an Event of Default under Section 5.01(a)(i5.01(i) or (ii) has occurred and is continuing, subject to Section 10.18, the Indenture Trustee, in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and, subject to the limitations on recourse set forth herein, may enforce the same against the Issuer or other obligor upon the such Storm Recovery Bonds and collect in the manner provided by law out of the property of the Issuer or other obligor upon the such Storm Recovery Bonds, wherever situated the moneys payable, or the related Storm Recovery Bond Collateral and the proceeds thereof, the whole amount then due and payable on the Storm Recovery Bonds for principal, premium, if any, and interest, with interest upon the overdue principal and premium, if any, and, to the extent payment at such rate of interest shall be legally enforceable, upon overdue installments of interest, at the respective rate borne by the Storm Recovery Bonds or the applicable Tranche and in addition thereto such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Indenture Trustee and its agents and counsel.
Appears in 2 contracts
Samples: Indenture (Entergy Arkansas Restoration Funding, LLC), Indenture (Entergy Arkansas Restoration Funding, LLC)
Collection of Indebtedness and Suits for Enforcement by Indenture Trustee. (a) If an Event of Default under Section 5.01(a)(i5.01(a) or (iiSection 5.01(b) has occurred and is continuing, subject to Section 10.1810.16, the Indenture Trustee, in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and, subject to the limitations on recourse set forth herein, may enforce the same against the Issuer or other obligor upon the Recovery Rate Reduction Bonds and collect in the manner provided by law out of the property of the Issuer or other obligor upon the Recovery Bonds, wherever situated the moneys payable, or the Recovery Bond RRB Collateral and the proceeds thereof, the whole amount then due and payable on the Recovery Rate Reduction Bonds for principal, premium, if any, and interest, with interest upon the overdue principal and premium, if any, and, to the extent payment at such rate of interest shall be legally enforceable, upon overdue installments of interest, at the respective rate borne by the Recovery Rate Reduction Bonds or the applicable Tranche and in addition thereto such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable and documented compensation, expenses, disbursements and advances of the Indenture Trustee and its agents and external counsel.
Appears in 2 contracts
Samples: Intercreditor Agreement (PSNH Funding LLC 3), Intercreditor Agreement (PSNH Funding LLC 3)
Collection of Indebtedness and Suits for Enforcement by Indenture Trustee. (a) If an Event of Default under Section 5.01(a)(i5.01(a) or (iiSection 5.01(b) has occurred and is continuing, subject to Section 10.1810.16, the Indenture Trustee, in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and, subject to the limitations on recourse set forth herein, may enforce the same against the Issuer or other obligor upon the Storm Recovery Bonds and collect in the manner provided by applicable law out of the property of the Issuer or other obligor upon the Storm Recovery Bonds, Bonds wherever situated the moneys payable, or the Recovery Bond Collateral Trust Estate and the proceeds thereof, the whole amount then due and payable on the Storm Recovery Bonds for principal, premium, if any, and interest, with interest upon the overdue principal and premium, if any, and, to the extent payment at such rate of interest shall be legally enforceable, upon overdue installments of interest, at the respective rate borne by the Storm Recovery Bonds or the applicable Tranche and in addition thereto such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Indenture Trustee and its agents and counsel.
Appears in 1 contract
Collection of Indebtedness and Suits for Enforcement by Indenture Trustee. (a) If an Event of Default under Section 5.01(a)(i5.01(i) or (ii) has occurred and is continuing, subject to Section 10.1810.19, the Indenture Trustee, in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and, subject to the limitations on recourse set forth herein, may enforce the same against the Issuer or other obligor upon the Recovery such Transition Bonds and collect in the manner provided by law out of the property of the Issuer or other obligor upon the Recovery such Transition Bonds, wherever situated the moneys payable, or the Recovery related Transition Bond Collateral and the proceeds thereof, the whole amount then due and payable on the Recovery Transition Bonds for principal, premium, if any, and interest, with interest upon the overdue principal and premium, if any, and, to the extent payment at such rate of interest shall be legally enforceable, upon overdue installments of interest, at the respective rate borne by the Recovery Transition Bonds or the applicable Tranche and in addition thereto such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Indenture Trustee and its agents and counsel.
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