Common use of Notice of Liens Clause in Contracts

Notice of Liens. The Seller shall notify the Issuer and the Indenture Trustee promptly after becoming aware of any Lien on any of the Storm Recovery Property, other than the conveyances hereunder and any Lien pursuant to the Basic Documents, including the Lien in favor of the Indenture Trustee for the benefit of the Holders of the Storm Recovery Bonds.

Appears in 6 contracts

Samples: Storm Recovery Property Purchase and Sale Agreement (Duke Energy Carolinas NC Storm Funding LLC), Storm Recovery Property Purchase and Sale Agreement (Duke Energy Progress NC Storm Funding LLC), Storm Recovery Property Purchase and Sale Agreement (Duke Energy Progress NC Storm Funding LLC)

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Notice of Liens. The Seller shall notify the Issuer and the Indenture Trustee in writing, promptly after becoming aware of any Lien on any of the Storm Recovery Property, other than the conveyances hereunder and any Lien pursuant to the Basic Documents, including the Lien in favor of the Indenture Trustee for the benefit of the Holders of the Storm Recovery Bonds.

Appears in 4 contracts

Samples: Storm Recovery Property Purchase and Sale Agreement (Duke Energy Progress SC Storm Funding LLC), Storm Recovery Property Purchase and Sale Agreement (Duke Energy Progress SC Storm Funding LLC), Storm Recovery Property Purchase and Sale Agreement (Duke Energy Progress SC Storm Funding LLC)

Notice of Liens. The Seller shall notify the Issuer and the Indenture Trustee promptly after becoming aware of any Lien on any of the Storm Recovery Property, other than the conveyances hereunder and conveyance hereunder, any Lien pursuant to the Basic Documents, including the Lien created in favor of the Indenture Trustee for the benefit of the Holders of the Storm Recovery BondsBondholders or any Lien created by the Issuer under the Indenture.

Appears in 3 contracts

Samples: Storm Recovery Property Sale Agreement (Cleco Power LLC), Storm Recovery Property Sale Agreement (Cleco Power LLC), Storm Recovery Property Sale Agreement (Cleco Power LLC)

Notice of Liens. The Seller shall notify the Issuer and the Indenture Trustee promptly after becoming aware of any Lien on any of the Storm Series A Storm-Recovery Property, Property other than the conveyances hereunder and any Lien pursuant to or under the Basic Documents, including the Lien in favor of the Indenture Trustee for the benefit of the Holders of the Storm Recovery BondsIndenture.

Appears in 2 contracts

Samples: Storm Recovery Property Sale Agreement (Florida Power & Light Co), Storm Recovery Property Sale Agreement (FPL Recovery Funding LLC)

Notice of Liens. The Seller shall notify the Issuer and the Indenture Trustee promptly after becoming aware of any Lien on any of the Storm Recovery Property, other than the conveyances hereunder and any Lien pursuant to or under the Basic Documents, including the Lien in favor of the Indenture Trustee for the benefit of the Holders of the Storm Recovery BondsIndenture.

Appears in 2 contracts

Samples: Storm Recovery Property Purchase and Sale Agreement (Entergy Arkansas Restoration Funding, LLC), Storm Recovery Property Purchase and Sale Agreement (Entergy Arkansas Restoration Funding, LLC)

Notice of Liens. The Seller shall notify the Issuer and the Indenture Trustee promptly after becoming aware of any Lien on any of the Storm Recovery Property, other than the conveyances hereunder and conveyance hereunder, any Lien pursuant to the Basic Documents, including the Lien created in favor of the Indenture Trustee for the benefit of the Holders of the Storm Recovery BondsBondholders or any Lien created by the Issuer under the Indenture.

Appears in 1 contract

Samples: Storm Recovery Property Sale Agreement (Cleco Katrina/Rita Hurricane Recovery Funding LLC)

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Notice of Liens. The Seller shall notify the Issuer and the Indenture Trustee promptly after becoming aware of any Lien on any of the Storm Recovery Property, other than the conveyances hereunder and conveyance hereunder, any Lien pursuant to the Basic Documents, including the Lien Xxxx created in favor of the Indenture Trustee for the benefit of the Holders of the Storm Recovery BondsBondholders or any Lien created by the Issuer under the Indenture.

Appears in 1 contract

Samples: Storm Recovery Property Sale Agreement (Cleco Katrina/Rita Hurricane Recovery Funding LLC)

Notice of Liens. The Seller shall notify the Issuer and the Indenture Trustee Trustee, in writing, promptly after becoming aware of any Lien on any of the Storm Recovery Property, other than than (a) the conveyances hereunder and conveyance hereunder, (b) any Lien pursuant to the Basic Documents, including the Lien created in favor of the Indenture Trustee for the benefit of the Holders of the Storm Recovery BondsBondholders or (c) any Lien created by the Issuer under the Indenture.

Appears in 1 contract

Samples: Storm Recovery Property Sale Agreement (SWEPCO Storm Recovery Funding LLC)

Notice of Liens. The Seller shall notify the Issuer and the Indenture Trustee Trustee, in writing, promptly after becoming aware of any Lien on any of the Storm Recovery Property, other than (a) the conveyances hereunder and conveyance hereunder, (b) any Lien pursuant to the Basic Documents, including the Lien created in favor of the Indenture Trustee for the benefit of the Holders of the Storm Recovery BondsBondholders or (c) any Lien created by the Issuer under the Indenture.

Appears in 1 contract

Samples: Storm Recovery Property Sale Agreement (SWEPCO Storm Recovery Funding LLC)

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