Common use of No Recourse to Note Issuer Clause in Contracts

No Recourse to Note Issuer. Notwithstanding any provision of this Note Indenture or any Supplemental Note Indenture to the contrary, Noteholders shall have no recourse against the Note Issuer, but shall look only to the Collateral, with respect to any amounts due to the Noteholders hereunder.

Appears in 10 contracts

Samples: Note Indenture (BEC Funding II, LLC), Note Indenture (BEC Funding II, LLC), Note Indenture (CEC Funding, LLC)

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No Recourse to Note Issuer. Notwithstanding any --------------------------- provision of this Note Indenture or any Supplemental Note Indenture Series Supplement to the contrary, Noteholders shall have no recourse against the Note Issuer, but shall look only to the Collateral, with respect to any amounts due to the Noteholders hereunder.

Appears in 7 contracts

Samples: Indenture (Sdg&e Funding LLC a De Limited Liability Co), Indenture (Sce Funding LLC), Indenture (Pg&e Funding LLC)

No Recourse to Note Issuer. Notwithstanding any -------------------------- provision of this Note Indenture or any Supplemental Note Indenture Series Supplement to the contrary, Noteholders shall have no recourse against the Note Issuer, but shall look only to the Collateral, with respect to any amounts due to the Noteholders hereunder.

Appears in 1 contract

Samples: Indenture (Sce Funding LLC)

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No Recourse to Note Issuer. Notwithstanding any provision -------------------------- of this Note Indenture or any Supplemental Note Indenture Series Supplement to the contrary, Noteholders shall have no recourse against the Note Issuer, but shall look only to the Collateral, with respect to any amounts due to the Noteholders hereunder.

Appears in 1 contract

Samples: Indenture (Sierra Pacific Power Co)

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