Common use of No Recourse to Certificate Issuer Clause in Contracts

No Recourse to Certificate Issuer. Notwithstanding any provision of this Certificate Indenture or any supplemental certificate indenture to the contrary, Holders shall have no recourse against the Certificate Trustee or the Certificate Issuer, but shall look only to the Trust Property with respect to any amounts due to the Holders hereunder and under the Certificates.

Appears in 3 contracts

Samples: Certificate Indenture (FirstEnergy Ohio PIRB Special Purpose Trust 2013), Certificate Indenture (OE Funding LLC), Certificate Indenture (OE Funding LLC)

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No Recourse to Certificate Issuer. Notwithstanding any provision of this Certificate Indenture or any supplemental certificate indenture to the contrary, Holders shall have no recourse against the Certificate Trustee Issuer or the Certificate IssuerAgencies, but shall look only to the Trust Property with respect to any amounts due to the Holders hereunder and under the Certificates.

Appears in 2 contracts

Samples: Certificate Indenture (Boston Edison Co), Certificate Indenture (Bec Funding LLC)

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No Recourse to Certificate Issuer. Notwithstanding any provision of this Certificate Indenture or any supplemental certificate indenture to the contrary, Holders shall have no recourse against the Certificate Issuer, the Certificate Trustee, the Delaware Trustee or the Certificate IssuerAgencies, but shall look only to the Trust Property with respect to any amounts due to the Holders hereunder and under the Certificates.

Appears in 2 contracts

Samples: Certificate Indenture (Wmeco Funding LLC), Certificate Indenture (Wmeco Funding LLC)

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