Common use of Conveyance of Subsequent Intangible Transition Property Clause in Contracts

Conveyance of Subsequent Intangible Transition Property. The Seller may from time to time offer to sell additional Intangible Transition Property to the Issuer, subject to the conditions specified in Section 2.03. If any such offer is accepted by the Issuer, such Subsequent Intangible Transition Property shall be sold to the Issuer effective on the Subsequent Transfer Date specified in the related Addition Notice, subject to the satisfaction or waiver of the conditions specified in Section 2.03.

Appears in 4 contracts

Samples: Intangible Transition Property Sale Agreement (Peco Energy Transition Trust), Intangible Transition Property Sale Agreement (Peco Energy Transition Trust), Intangible Transition Property Sale Agreement (Peco Energy Transition Trust)

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Conveyance of Subsequent Intangible Transition Property. The Seller Transferor may from time to time offer to sell additional Intangible Transition Property to the IssuerSeller, subject to the conditions specified in Section 2.03. If any such offer is accepted by the IssuerSeller, such Subsequent Intangible Transition Property shall be sold to the Issuer Seller effective on the Subsequent Transfer Contribution Date specified in the related Addition Notice, subject to the satisfaction or waiver of the conditions specified in Section 2.03.

Appears in 3 contracts

Samples: Intangible Transition Property Transfer Agreement (West Penn Funding LLC), Intangible Transition Property Transfer Agreement (West Penn Power Co), Intangible Transition Property Transfer Agreement (West Penn Power Co)

Conveyance of Subsequent Intangible Transition Property. The Seller Transferor may from time to time offer to contribute or sell additional Intangible Transition Property to the IssuerSeller, subject to the conditions specified in Section 2.03. If any such offer is accepted by the IssuerSeller, such Subsequent Intangible Transition Property shall be contributed or sold to the Issuer Seller effective on the Subsequent Transfer Contribution Date specified in the related Addition Notice, subject to the satisfaction or waiver of the conditions specified in Section 2.03.

Appears in 1 contract

Samples: Intangible Transition Property Transfer Agreement (West Penn Funding LLC)

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Conveyance of Subsequent Intangible Transition Property. The Seller may from time to time offer to sell additional Intangible Transition Property to the Issuer, subject to the conditions specified in Section 2.03. If any such offer is accepted by the Issuer, such Subsequent Intangible Transition Property shall be sold to the Issuer effective on the Subsequent Transfer Date specified in the related Addition Notice, subject to the satisfaction or waiver of the conditions specified in Section 2.03.the

Appears in 1 contract

Samples: Intangible Transition Property Sale Agreement (West Penn Funding LLC)

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