Incidents of Sale of Notes. Upon any sale of the Notes made -------------------------- either under the power of sale given under this Trust Agreement or otherwise for the enforcement of this Trust Agreement, the following shall be applicable: (a) Certificateholders and Certificate Trustee May Purchase ------------------------------------------------------- Notes. Any Certificateholder, the Certificate Trustee in its individual or ----- any other capacity or any other Person (other than the Seller) may bid for and purchase any of the Notes, and upon compliance with the terms of sale, may hold, retain, possess and dispose of such Notes in their own absolute right without further accountability.
Appears in 3 contracts
Samples: Declaration and Agreement of Trust (Sdg&e Funding LLC a De Limited Liability Co), Declaration and Agreement of Trust (Pg&e Funding LLC), Declaration and Agreement of Trust (Sce Funding LLC)
Incidents of Sale of Notes. Upon any sale of the Notes made -------------------------- either under the power of sale given under this Trust Agreement or otherwise for the enforcement of this Trust Agreement, the following shall be applicable:
(a) Certificateholders and Certificate Trustee May Purchase ------------------------------------------------------- Notes. ------------------------------------------------------------- Any Certificateholder, the Certificate Trustee in its individual or ----- any other capacity or any other Person (other than the Seller) may bid for and purchase any of the Notes, and upon compliance with the terms of sale, may hold, retain, possess and dispose of such Notes in their own absolute right without further accountability.
Appears in 3 contracts
Samples: Declaration and Agreement of Trust (Sdg&e Funding LLC a De Limited Liability Co), Declaration and Agreement of Trust (Pg&e Funding LLC), Declaration and Agreement of Trust (Sce Funding LLC)
