Common use of The Collateral Clause in Contracts

The Collateral. The Note Issuer shall have caused all Collateral to have been Granted to the Note Trustee or, if requested by the Note Trustee, its nominee and will have caused all filings pursuant to the Statute, the Massachusetts UCC, the Delaware UCC and any other applicable law as are necessary to cause the Note Trustee to have a first priority perfected security interest in the Collateral to have been duly made.

Appears in 4 contracts

Samples: Note Indenture (BEC Funding II, LLC), Note Indenture (BEC Funding II, LLC), Note Indenture (CEC Funding, LLC)

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The Collateral. The Note Issuer shall have caused all Collateral to have been Granted to the Note Trustee or, if requested by the Note Trustee, its nominee and will have caused all filings pursuant to the Statute, the Massachusetts UCC, the Delaware UCC and any other applicable law as are necessary to cause the Note Trustee to have a first priority perfected security interest in the Collateral to have been duly made.

Appears in 2 contracts

Samples: Note Indenture (Wmeco Funding LLC), Note Indenture (Wmeco Funding LLC)

The Collateral. The Note Issuer shall have caused all Collateral to have been Granted to the Note Trustee or, if requested by the Note Trustee, its nominee and will have caused all related filings with the DPUC pursuant to the Statute, the Massachusetts Connecticut UCC, the Delaware UCC and any such other applicable law as are necessary to cause the Note Trustee to have a first priority perfected security interest filings in the Collateral connection with such Grant to have been duly made.

Appears in 1 contract

Samples: Note Indenture (Cl&p Funding LLC)

The Collateral. The Note Issuer shall have caused all Collateral to have been Granted to the Note Trustee or, if requested by the Note Trustee, its nominee and will have caused all related filings with the DPUC pursuant to the Statute, the Massachusetts Connecticut UCC, the Delaware UCC and any such other applicable law as are necessary to cause the Note Trustee to have a first priority perfected security interest filings in the Collateral connection with such Xxxxx to have been duly made.

Appears in 1 contract

Samples: Note Indenture (Cl&p Funding LLC)

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The Collateral. The Note Issuer shall have caused all Collateral to have been Granted to the Note Trustee or, if requested by the Note Trustee, its nominee and will have caused all related filings with the DTE pursuant to the Statute, the Massachusetts UCC, the Delaware New York UCC and any such other applicable law as are necessary to cause the Note Trustee to have a first priority perfected security interest filings in the Collateral connection with such Grant to have been duly made.

Appears in 1 contract

Samples: Note Indenture (B E C Energy)

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