Common use of PRESERVATION OF INFORMATION; COMMUNICATIONS TO TRANSITION BONDHOLDERS Clause in Contracts

PRESERVATION OF INFORMATION; COMMUNICATIONS TO TRANSITION BONDHOLDERS. (a) The Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of the Holders of Transition Bonds contained in the most recent list furnished to the Trustee as provided in Section 7.01 and the names and addresses of Holders of Transition Bonds received by the Trustee in its capacity as Transition Bond Registrar. The Trustee may destroy any list furnished to it as provided in such Section 7.01 upon receipt of a new list so furnished. (b) Transition Bondholders may communicate with other Transition Bondholders pursuant to Section 312(b) of the TIA, with respect to their rights under this Indenture or under the Transition Bonds. (c) The Issuer, the Trustee and the Transition Bond Registrar shall have the protection of Section 312(c) of the TIA.

Appears in 8 contracts

Samples: Indenture (Jcp&l Transition Funding LLC), Indenture (CenterPoint Energy Transition Bond CO II, LLC), Indenture (Pp&l Transition Bond Co Inc)

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PRESERVATION OF INFORMATION; COMMUNICATIONS TO TRANSITION BONDHOLDERS. (a) The Bond Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of the Holders of Transition Bonds contained in the most recent list furnished to the Bond Trustee as provided in Section 7.01 and the names and addresses of Holders of Transition Bonds received by the Bond Trustee in its capacity as Transition Bond Registrar. The Bond Trustee may destroy any list furnished to it as provided in such Section 7.01 upon receipt of a new list so furnished. (b) Transition Bondholders may communicate pursuant to TIA ss. 312(b) with other Transition Bondholders pursuant to Section 312(b) of the TIA, with respect to their rights under this Indenture or under the Transition Bonds. (c) The Issuer, the Bond Trustee and the Transition Bond Registrar shall have the protection of Section TIA ss. 312(c) of the TIA).

Appears in 4 contracts

Samples: Indenture (Peco Energy Transition Trust), Indenture (Peco Energy Transition Trust), Indenture (West Penn Funding LLC)

PRESERVATION OF INFORMATION; COMMUNICATIONS TO TRANSITION BONDHOLDERS. (a) The Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of the Holders of Transition Bonds contained in the most recent list furnished to the Trustee as provided in Section 7.01 and the names and addresses of Holders of Transition Bonds received by the Trustee in its capacity as Transition Bond Registrar. The Trustee may destroy any list furnished to it as provided in such Section 7.01 upon receipt of a new list so furnished. (b) Transition Bondholders may communicate with other Transition Bondholders pursuant to Section 312(b) of the TIA, TIA with respect to their rights under this Indenture or under the Transition Bonds. (c) The Issuer, the Trustee and the Transition Bond Registrar shall have the protection of Section 312(c) of the TIA.

Appears in 2 contracts

Samples: Indenture (Atlantic City Electric Transition Funding LLC), Indenture (Atlantic City Electric Transition Funding LLC)

PRESERVATION OF INFORMATION; COMMUNICATIONS TO TRANSITION BONDHOLDERS. (a) The Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of the Holders of Transition Bonds contained in the most recent list furnished to the Trustee as provided in Section 7.01 and the names and addresses of Holders of Transition Bonds received by the Trustee in its capacity as Transition Bond Registrar. The Trustee may destroy any list furnished to it as provided in such Section 7.01 upon receipt of a new list so furnished. (b) Transition Bondholders may communicate with other Transition Bondholders pursuant to Section 312(b) of the TIA, with respect to their rights under this Indenture or under the Transition Bonds. (c) The Issuer, the Trustee and the Transition Bond Registrar shall have the protection of Section 312(c) of the TIA.

Appears in 2 contracts

Samples: Indenture (JCP&L Transition Funding II LLC), Indenture (JCP&L Transition Funding II LLC)

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PRESERVATION OF INFORMATION; COMMUNICATIONS TO TRANSITION BONDHOLDERS. (a) The Bond Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of the Holders of Transition Bonds contained in the most recent list furnished to the Bond Trustee as provided in Section 7.01 and the names and addresses of Holders of Transition Bonds received by the Bond Trustee in its capacity as Transition Bond Registrar. The Bond Trustee may destroy any list furnished to it as provided in such Section 7.01 upon receipt of a new list so furnished. (b) Transition Bondholders may communicate pursuant to TIA Section 312(b) with other Transition Bondholders pursuant to Section 312(b) of the TIA, with respect to their rights under this Indenture or under the Transition Bonds. (c) The Issuer, the Bond Trustee and the Transition Bond Registrar shall have the protection of TIA Section 312(c) of the TIA).

Appears in 1 contract

Samples: Indenture (West Penn Funding LLC)

PRESERVATION OF INFORMATION; COMMUNICATIONS TO TRANSITION BONDHOLDERS. (a) The Bond Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of the Holders of Transition Bonds contained in the most recent list furnished to the Bond Trustee as provided in Section 7.01 and the names and addresses of Holders of Transition Bonds received by the Bond Trustee in its capacity as Transition Bond Registrar. The Bond Trustee may destroy any list furnished to it as provided in such Section 7.01 upon receipt of a new list so furnished. (b) Transition Bondholders may communicate pursuant to TIA ss.312(b) with other Transition Bondholders pursuant to Section 312(b) of the TIA, with respect to their rights under this Indenture or under the Transition Bonds. (c) The Issuer, the Bond Trustee and the Transition Bond Registrar shall have the protection of Section 312(c) of the TIATIA ss.312(c).

Appears in 1 contract

Samples: Indenture (Peco Energy Transition Trust)

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