Common use of Persons Deemed Owner Clause in Contracts

Persons Deemed Owner. Prior to due presentment for registration of transfer of any Transition Bond, the Issuer, the Indenture Trustee, the Transition Bond Registrar and any agent of the Issuer or the Indenture Trustee may treat the Person in whose name any Transition Bond is registered (as of the day of determination) as the owner of such Transition Bond for the purpose of receiving payments of principal of and premium, if any, and interest on such Transition Bond and for all other purposes whatsoever, whether or not such Transition Bond be overdue, and neither the Issuer, the Indenture Trustee nor any agent of the Issuer or the Indenture Trustee shall be affected by notice to the contrary.

Persons Deemed Owner. Prior to due presentment for registration of transfer of any Transition Bond, the Issuer, the Indenture Trustee, the Transition Bond Registrar and any agent of the Issuer Issuer, the Transition Bond Registrar or the Indenture Trustee may treat the Person in whose name any Transition Bond is registered (as of the day of determination) as the owner of such Transition Bond for the purpose of receiving payments of principal Principal of and premium, if any, and interest Interest on such Transition Bond and for all other purposes whatsoever, whether or not such Transition Bond be overdue, and neither the Issuer, the Indenture Trustee Trustee, the Transition Bond Registrar nor any agent of the Issuer Issuer, the Transition Bond Registrar or the Indenture Trustee shall be affected by notice to the contrary.

Persons Deemed Owner. Prior to due presentment for registration of transfer of any Transition Investment Recovery Bond, the Issuer, the Indenture Trustee, the Transition Investment Recovery Bond Registrar and any agent of the Issuer or the Indenture Trustee may treat the Person in whose name any Transition Investment Recovery Bond is registered (as of the day of determination) as the owner of such Transition Investment Recovery Bond for the purpose of receiving payments of principal of and premium, if any, and interest on such Transition Investment Recovery Bond and for all other purposes whatsoever, whether or not such Transition Investment Recovery Bond be overdue, and neither the Issuer, the Indenture Trustee nor any agent of the Issuer or the Indenture Trustee shall be affected by notice to the contrary.