Representations and Warranties of the Trustee. The Trustee hereby represents and warrants that: (a) the Trustee is a banking corporation validly existing in good standing under the laws of the State of New York; and (b) the Trustee has full power, authority and legal right to execute, deliver and perform this Indenture and the Basic Documents to which the Trustee is a party and has taken all necessary action to authorize the execution, delivery and performance by it of this Indenture and such Basic Documents.
Appears in 10 contracts
Samples: Indenture (JCP&L Transition Funding II LLC), Indenture (JCP&L Transition Funding II LLC), Indenture (Jcp&l Transition Funding LLC)
Representations and Warranties of the Trustee. The Trustee hereby represents and warrants that:
(a) the Trustee is a banking corporation validly existing in good standing under the laws of the State of New York; and
(b) the Trustee has full power, authority and legal right to execute, deliver and perform this Indenture and all the Basic Documents to which the Trustee is a party and has taken all necessary action to authorize the execution, delivery and performance by it of this Indenture and such Basic Documents.
Appears in 3 contracts
Samples: Indenture (CenterPoint Energy Restoration Bond Company, LLC), Indenture (Reliant Energy Transition Bond Co LLC), Indenture (CenterPoint Energy Transition Bond CO II, LLC)
Representations and Warranties of the Trustee. The Trustee hereby Trustee, in its individual capacity, represents and warrants that:
(ai) the Trustee is a national banking corporation validly existing association authorized to engage in good standing the business of banking under the laws of the State United States of New York; andAmerica;
(bii) the Trustee has full power, authority and legal right to execute, deliver and perform this Indenture and the Basic Documents to which the Trustee is a party Agreement, and has taken all necessary action to authorize the execution, delivery and performance by it of this Indenture Agreement; and
(iii) this Agreement has been duly executed and such Basic Documentsdelivered by the Trustee.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Alliance Data Systems Corp), Pooling and Servicing Agreement (Charming Shoppes Receivables Corp), Pooling and Servicing Agreement (Charming Shoppes Master Trust)
Representations and Warranties of the Trustee. The Trustee hereby represents and warrants that:
(a) the Trustee is a banking corporation validly existing in good standing under the laws of the State of New York; and;
(b) the Trustee has full power, authority and legal right to execute, deliver and perform this Indenture and the Basic Documents to which the Trustee is a party and has taken all necessary action to authorize the execution, delivery and performance by it of this Indenture and such Basic Documents; and
(c) the Indenture is an enforceable obligation of the Trustee.
Appears in 2 contracts
Samples: Indenture (Florida Power & Light Co), Indenture (FPL Recovery Funding LLC)
Representations and Warranties of the Trustee. The Trustee hereby represents and warrants that:
(a) the Trustee is a New York banking corporation validly existing in good standing under the laws of the State of New York; and
(b) the Trustee has full power, authority and legal right to execute, deliver and perform this Indenture and the Basic Documents to which the Trustee is a party and has taken all necessary action to authorize the execution, delivery and performance by it of this Indenture and such Basic Documents.
Appears in 2 contracts
Samples: Indenture (Detroit Edison Securitization Funding LLC), Indenture (Detroit Edison Securitization Funding LLC)
Representations and Warranties of the Trustee. The Trustee hereby represents and warrants that:
: (a) the Trustee is a banking corporation validly existing in good standing under the laws of the State of New York; and
(b) the Trustee has full power, authority and legal right to execute, deliver and perform this Indenture and the Basic Documents to which the Trustee is a party and has taken all necessary action to authorize the execution, delivery and performance by it of this Indenture and such Basic Documents; and (c) the Indenture is an enforceable obligation of the Trustee.
Appears in 1 contract
Samples: Indenture
Representations and Warranties of the Trustee. The Trustee hereby represents and warrants that:
(a) the Trustee is a banking corporation validly existing and in good standing under the laws of the State of New York; and
(b) the Trustee has full power, authority and legal right to execute, deliver and perform this Indenture and the Basic Documents to which the Trustee is a party and has taken all necessary action to authorize the execution, delivery and performance by it of this Indenture and such Basic Documents.
Appears in 1 contract
Samples: Indenture (Atlantic City Electric Transition Funding LLC)
Representations and Warranties of the Trustee. The Trustee hereby Trustee, in its individual capacity, represents and warrants that:
(a) : the Trustee is a banking corporation validly existing authorized to engage in good standing the business of banking under the laws of the State of New York; and
(b) the Trustee has full power, authority and legal right to execute, deliver and perform this Indenture and the Basic Documents to which the Trustee is a party Agreement, and has taken all necessary action to authorize the execution, delivery and performance by it of this Indenture Agreement; and such Basic Documentsthis Agreement has been duly executed and delivered by the Trustee.
Appears in 1 contract
