Common use of No Prior Security Interest Clause in Contracts

No Prior Security Interest. There exists no security interest in the Lease Indenture Estate in the States of New Mexico, New York or Arizona or in The Commonwealth of Massachusetts arising as a result of any claim against FNB unrelated to the transactions contemplated by the Transaction Documents or the Financing Documents which is prior to the Indenture Trustee's security interest in the Lease Indenture Estate.

Appears in 1 contract

Samples: Participation Agreement (Public Service Co of New Mexico)

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No Prior Security Interest. There exists no security interest in the Lease Indenture Estate in the States of New Mexico, New York or Arizona or in The Commonwealth of Massachusetts arising as a result of any claim against FNB unrelated to the transactions contemplated by the Transaction Documents or the Financing Documents which is prior to the Indenture Trustee's Trustee 'S security interest in the Lease Indenture Estate.

Appears in 1 contract

Samples: Participation Agreement (Public Service Co of New Mexico)

No Prior Security Interest. There exists no security interest in the Lease Indenture Estate in the States of New Mexico, New York or Arizona or in The Commonwealth of Massachusetts arising as a result of any claim against FNB unrelated to the transactions contemplated by the Transaction Documents or the Financing Documents which is prior to the Indenture Trustee's security interest in the Lease Indenture Estate.. 6091.50.2831.27:2

Appears in 1 contract

Samples: Participation Agreement (Public Service Co of New Mexico)

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No Prior Security Interest. There exists no security interest in the Lease Indenture Estate in the States of New Mew Mexico, New York or Arizona or in The Commonwealth of Massachusetts arising as a result of any claim against FNB unrelated to the transactions contemplated by the Transaction Documents or the Financing Documents which is prior to the Indenture Trustee's security interest in the Lease Indenture Estate.

Appears in 1 contract

Samples: Participation Agreement (Public Service Co of New Mexico)

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