Common use of Limitation of Proceedings Clause in Contracts

Limitation of Proceedings. (a) No Holder of any Transition Bond of any Series shall have any right to institute any Proceeding, judicial or otherwise, or to avail itself of any remedies provided in the Competition Act, with respect to this Indenture, or for the appointment of a receiver or trustee, or for any other remedy hereunder, unless:

Appears in 3 contracts

Samples: Indenture (Atlantic City Electric Transition Funding LLC), Pse&g Transition Funding LLC, Pse&g Transition Funding LLC

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Limitation of Proceedings. (a) No Holder of any Transition Bond of any Series shall have any right to institute any Proceeding, judicial or otherwise, or to avail itself of any remedies provided in the Competition ActAct or to avail itself of the right to foreclose on the Bondable Transition Property or otherwise enforce the Lien on the Bondable Transition Property, with respect to this Indenture, or for the appointment of a receiver or trustee, or for any other remedy hereunder, unless:

Appears in 3 contracts

Samples: Indenture (JCP&L Transition Funding II LLC), JCP&L Transition Funding II LLC, Indenture (Jcp&l Transition Funding LLC)

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Limitation of Proceedings. (a) No Holder of any Transition Bond of any Series shall have any right to institute any Proceeding, judicial or otherwise, or to avail itself of any the remedies provided in Section 2812(d)(3)(v) of the Competition Act, with respect to this Indenture, or for the appointment of a receiver or trustee, or for any other remedy hereunder, unless:

Appears in 2 contracts

Samples: Pp&l Transition Bond Co Inc, Pp&l Transition Bond Co Inc

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