Persons Deemed Owner. Prior to due presentment for registration of transfer of any Transition Bond, the Issuer, the Bond Trustee and any agent of the Issuer or the Bond 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 Bond Trustee nor any agent of the Issuer or the Bond Trustee shall be affected by notice to the contrary.
Appears in 6 contracts
Samples: Indenture (Peco Energy Transition Trust), Indenture (Peco Energy Transition Trust), Series Supplement (West Penn Funding LLC)
Persons Deemed Owner. Prior to due presentment for registration of transfer of any Transition Securitization Bond, the Issuer, the Bond Trustee and any agent of the Issuer or the Bond Trustee may treat the Person in whose name any Transition Securitization Bond is registered (as of the day of determination) as the owner of such Transition Securitization Bond for the purpose of receiving payments of principal of and premium, if any, and interest on such Transition Securitization Bond and for all other purposes whatsoever, whether or not such Transition Securitization Bond be overdue, and neither the Issuer, the Bond Trustee nor any agent of the Issuer or the Bond Trustee shall be affected by notice to the contrary.
Appears in 5 contracts
Samples: Consumers Funding LLC, Consumers Funding LLC, Detroit Edison Securitization Funding LLC
Persons Deemed Owner. Prior to due presentment for registration of transfer of any Transition Bond, the Issuer, the Bond Trustee and any agent of the Issuer or the Bond 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 Bond Trustee nor any agent of the Issuer or the Bond Trustee shall be affected by notice to the contrary.
Appears in 3 contracts
Samples: Intercreditor Agreement (Reliant Energy Transition Bond Co LLC), Pp&l Transition Bond Co Inc, Pp&l Transition Bond Co Inc
Persons Deemed Owner. Prior to due presentment for registration of transfer of any Transition Bond, the Issuer, the Bond Trustee and any agent of the Issuer or the Bond 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 Bond Trustee nor any agent of the Issuer or the Bond Trustee shall be affected by notice to the contrary.
Appears in 3 contracts
Samples: Indenture (Jcp&l Transition Funding LLC), Pse&g Transition Funding LLC, Pse&g Transition Funding LLC
Persons Deemed Owner. Prior to due presentment for registration of transfer of any Transition Bond, the Issuer, the Bond Trustee and any agent of the Issuer or the Bond 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, Issuer or the Bond Trustee nor any agent of the Issuer or the Bond Trustee shall be affected by notice to the contrary.
Appears in 2 contracts
Samples: Sale Agreement, Servicing Agreement (Atlantic City Electric Transition Funding LLC), Indenture (Atlantic City Electric Transition Funding LLC)
Persons Deemed Owner. Prior to due presentment for registration of transfer of any Transition Bond, the Issuer, the Bond Trustee and any agent of the Issuer or the Bond 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 on such Transition Bond and for all other purposes whatsoever, whether or not such Transition Bond be overdue, and neither the Issuer, the Bond Trustee nor any agent of the Issuer or the Bond Trustee shall be affected by notice to the contrary.
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