Common use of No Recourse to Note Issuer Clause in Contracts

No Recourse to Note Issuer. Notwithstanding any provision of this Indenture or any Trustee's Issuance Certificate or any Series Supplement to the contrary, Holders shall have no recourse against the Note Issuer, but shall look only to the Note Collateral with respect to any amounts due to the Holders hereunder and under the Notes.

Appears in 5 contracts

Samples: Indenture (Comed Funding LLC), Indenture (Central & South West Corp), Indenture (Illinois Power Securitization Limited Liability Co)

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No Recourse to Note Issuer. Notwithstanding any provision of this Indenture or any Trustee's Issuance Certificate or any Series Supplement to the contrary, Holders shall have no recourse against the Note Issuer, but shall look only to the Note Collateral with respect to any amounts due to the Holders hereunder and under the Notes.

Appears in 2 contracts

Samples: Indenture (CPL Transition Funding LLC), Indenture (CPL Transition Funding LLC)

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No Recourse to Note Issuer. Notwithstanding any provision of this Indenture or any Trustee's Trust Issuance Certificate or any Series Supplement to the contrary, Holders shall have no recourse against the Note Issuer, but shall look only to the Note Collateral with respect to any amounts due to the Holders hereunder and under the Notes.

Appears in 2 contracts

Samples: Indenture (Illinois Power Securitization Limited Liability Co), Indenture (Illinois Power Securitization Limited Liability Co)

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