No Liens or Conveyances. Except for the conveyances hereunder, the Seller shall not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on, any of the Transferred Bondable Transition Property, whether now existing or hereafter created, or any interest therein. The Seller shall not at any time assert any Lien against or with respect to any Transferred Bondable Transition Property, and shall defend the right, title and interest of the Issuer and the Trustee, as assignee of the Issuer, in, to and under the Transferred Bondable Transition Property, whether now existing or hereafter created, against all claims of third parties claiming through or under the Seller.
No Liens or Conveyances. Except for the conveyances hereunder or any Lien under the Basic Documents pursuant to Section 1231 of the Securitization Act for the benefit of the Trustee and the Storm Recovery Bondholders, the Seller shall not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on, any of the Storm Recovery Property, whether now existing or hereafter created, or any interest therein. The Seller shall not at any time assert any Lien against or with respect to the Storm Recovery Property, and shall defend the right, title and interest of the Issuer and the Trustee, as assignee of the Issuer, in, to and under the Storm Recovery Property against all claims of third parties claiming through or under the Seller.
No Liens or Conveyances. Except for the conveyances hereunder, the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on, any of the Transferred Environmental Control Property, whether now existing or hereafter created, or any interest therein. The Seller shall not at any time assert any Lien against or with respect to any Transferred Environmental Control Property, and shall defend the right, title and interest of the Issuer and the Indenture Trustee, as collateral assignee of the Issuer, in, to and under the Transferred Environmental Control Property, whether now existing or hereafter created, against all claims of third parties claiming through or under the Seller.
No Liens or Conveyances. Except for the conveyances hereunder, the Seller shall not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on, any of the Transferred Securitization Property, whether now existing or hereafter created, or any interest therein. The Seller shall not at any time assert any Lien against or with respect to any Transferred Securitization Property, and shall defend the right, title and interest of the Issuer and the Trustee, as assignee of the Issuer, in, to and under the Transferred Securitization Property, whether now existing or hereafter created, against all claims of third parties claiming through or under the Seller.
No Liens or Conveyances. Except for the conveyances hereunder, the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on, any of the Intangible Transition Property, whether now existing or hereafter created, or any interest therein, other than, with respect to Retained Intangible Transition Property, the Lien of the Mortgage; provided, that the Seller may sell Retained Intangible Transition Property to Other Issuers if (i) the Rating Agency Condition is satisfied with respect to all outstanding Transition Bonds and (ii) each such Other Issuer is, or prior to such sale becomes, a party to the Master Servicing Agreement as an "Issuer" (as defined in the Master Servicing Agreement). The Seller shall not at any time assert any Lien against or with respect to any Serviced Intangible Transition Property, and shall defend the right, title and interest of the Issuer, the Bond Trustee, as assignee of the Issuer, and any Other Issuers in, to and under the Intangible Transition Property, whether now existing or hereafter created, against all claims of third parties claiming through or under the Seller.
No Liens or Conveyances. Except for the conveyances hereunder, the Transferor will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on, any of the Intangible Transition Property, whether now existing or hereafter created, or any interest therein. The Transferor shall not at any time assert any Lien against or with respect to any Serviced Intangible Transition Property, and shall defend the right, title and interest of the Seller, the Issuer, as assignee of the Seller, and the Bond Trustee, as collateral assignee of the Issuer, in, to and under the Intangible Transition Property, whether now existing or hereafter created, against all claims of third parties claiming through or under the Transferor.
No Liens or Conveyances. Except for the conveyances hereunder or any Lien under Section 39.309 of the Texas Electric Choice Plan for the benefit of the Issuer, the Indenture Trustee and the Transition Bondholders, the Seller shall not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on, any of the Transition Property, whether now existing or hereafter created, or any interest therein. The Seller shall not at any time assert any Lien against or with respect to the Transition Property, and shall defend the right, title and interest of the Issuer and the Indenture Trustee, as assignee of the Issuer, in, to and under the Transition Property against all claims of third parties claiming through or under the Seller.
No Liens or Conveyances. Except for the conveyances hereunder or any Lien under Section 39.309 of the Restructuring Act for the benefit of the Issuer, the Indenture Trustee and the Transition Bondholders, the Seller shall not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on, any of the Transition Property, whether now existing or hereafter created, or any interest therein. The Seller shall not at any time assert any Lien against or with respect to the Transition Property, and shall defend the right, title and interest of the Issuer and the Indenture Trustee, as assignee of the Issuer, in, to and under the Transition Property against all claims of third parties claiming through or under the Seller.
No Liens or Conveyances. Except for the conveyances hereunder or any Lien under the Basic Documents pursuant to Indiana Code § 8-1-40.5-15 for the benefit of the Trustee and the Securitization Bondholders, the Seller shall not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on, any of the Securitization Property, whether then existing or thereafter created, or any interest therein. The Seller shall not at any time assert any Lien against or with respect to the Securitization Property, and shall defend the right, title and interest of the Issuer and the Trustee, as assignee of the Issuer, in, to and under the Securitization Property against all claims of third parties claiming through or under the Seller.
No Liens or Conveyances. Except for the conveyances hereunder, the Transferor will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on, any of the Environmental Control Property, whether now existing or hereafter created, or any interest therein. The Transferor shall not at any time assert any Lien against or with respect to any Environmental Control Property, and shall defend the right, title and interest of the Seller, the Issuer, as assignee of the Seller, and the Indenture Trustee, as collateral assignee of the Issuer, in, to and under the Environmental Control Property and the Transferred Environmental Control Property, as the case may be, whether now existing or hereafter created, against all claims of third parties claiming through or under the Transferor.
