Common use of Transfer Filings Clause in Contracts

Transfer Filings. The 1998 Transition Property has been validly granted and vested in the Grantee pursuant to the 1998 Funding Order and, to the extent applicable, this Agreement, and the Grantee owns all right, title and interest to the 1998 Transition Property, free and clear of all Liens and rights of any other Person (other than Liens created pursuant to the Sale Agreement and the Indenture), and all filings to be made by Illinois Power (including filings with the ICC under the Funding Law) necessary in any jurisdiction to give the Grantee a first priority perfected ownership interest in the 1998 Transition Property, free and clear of all Liens, have been made. No further action is required under Illinois law to maintain such ownership interest in the 1998 Transition Property. No further action, other than any filings or other steps required to be taken with respect to proceeds or on account of events occurring after the date hereof by Sections 9-103, 9-304, 9-306, 9-402(7) or 9-403(2)-(3) of the UCC, is required to maintain such first priority perfected ownership interest in the Related Assets.

Transfer Filings. The At the Closing Date, the 1998 Transition Property has and Related Assets have been validly granted transferred and vested in the Grantee pursuant sold to the 1998 Funding Order andNote Issuer, to the extent applicable, this Agreement, and the Grantee Note Issuer owns all right, title and interest to the 1998 Transition PropertyProperty and Related Assets, free and clear of all Liens and rights of any other Person (other than Liens created pursuant to the Sale Agreement and the Indenture), and all filings to be made by Illinois Power the Grantee (including filings with the ICC under the Funding Law) necessary in any jurisdiction to give the Grantee Note Issuer a first priority perfected ownership interest in the 1998 Transition Property, free Property and clear of all Liens, Related Assets have been made. No further action is required under Illinois law to maintain such first priority perfected ownership interest in the 1998 Transition Property. No further action, other than any filings or other steps required to be taken with respect to proceeds or on account of events occurring after the date hereof by Sections 9-103, 9-304, 9-306, 9-402(7) or 9-403(2)-(3403(2)- (3) of the UCC, is required to maintain such first priority perfected ownership interest in the Related Assets.

Transfer Filings. The 1998 Transition Property has been validly granted and vested in transferred to the Grantee pursuant to the 1998 Funding Order and, to the extent applicable, this Agreement, and the Grantee owns all right, title and interest to the 1998 Transition Property, free and clear of all Liens and rights of any other Person (other than Liens created pursuant to the Sale Agreement and the Indenture), and all filings to be made by Illinois Power ComEd (including filings with the ICC under the Funding Law) necessary in any jurisdiction to give the Grantee a first priority perfected ownership interest in the 1998 Transition Property, free and clear of all Liens, have been made. No further action is required under Illinois law to maintain such ownership interest in the 1998 Transition Property. No further action, other than any filings or other steps required to be taken with respect to proceeds or on account of events occurring after the date hereof by Sections 9-103, 9-304, 9-306, 9-402(7) or 9-403(2)-(3) of the UCC, is required to maintain such first priority perfected ownership interest in the Related Assets.

Transfer Filings. The At the Closing Date, the 1998 Transition Property has and Related Assets have been validly granted transferred and vested in the Grantee pursuant sold to the 1998 Funding Order andNote Issuer, to the extent applicable, this Agreement, and the Grantee Note Issuer owns all right, title and interest to the 1998 Transition PropertyProperty and Related Assets, free and clear of all Liens and rights of any other Person (other than Liens created pursuant to the Sale Agreement and the Indenture), and all filings to be made by Illinois Power the Grantee (including filings with the ICC under the Funding Law) necessary in any jurisdiction to give the Grantee Note Issuer a first priority perfected ownership interest in the 1998 Transition Property, free Property and clear of all Liens, Related Assets have been made. No further action is required under Illinois law to maintain such first priority perfected ownership interest in the 1998 Transition Property. No further action, other than any filings or other steps required to be taken with respect to proceeds or on account of events occurring after the date hereof by Sections 9-103, 9-304, 9-306, 9-402(7) or 9-403(2)-(3) of the UCC, is required to maintain such first priority perfected ownership interest in the Related Assets.

Transfer Filings. The 1998 Transition Property has been validly granted and vested in transferred to the Grantee pursuant to the 1998 Funding Order and, to the extent applicable, this Agreement, and the Grantee owns all right, title and interest to the 1998 Transition Property, free and clear of all Liens and rights of any other Person (other than Liens created pursuant to the Sale Agreement and the Indenture), and all filings to be made by Illinois Power (including filings with the ICC under the Funding Law) necessary in any jurisdiction to give the Grantee a first priority perfected ownership interest in the 1998 Transition Property, free and clear of all Liens, have been made. No further action is required under Illinois law to maintain such ownership interest in the 1998 Transition Property. No further action, other than any filings or other steps required to be taken with respect to proceeds or on account of events occurring after the date hereof by Sections 9-103, 9-304, 9-306, 9-402(7) or 9-403(2)-(3) of the UCC, is required to maintain such first priority perfected ownership interest in the Related Assets.

Transfer Filings. The 1998 Transition Property has been validly granted and vested in the Grantee pursuant to the 1998 Funding Order and, to the extent applicable, this Agreement, and the Grantee owns all right, title and interest to the 1998 Transition Property, free and clear of all Liens and rights of any other Person (other than Liens created pursuant to the Sale Agreement and the Indenture), and all filings to be made by Illinois Power (including filings with the ICC under the Funding Law) necessary in any jurisdiction to give the Grantee a first priority perfected ownership interest in the 1998 Transition Property, free and clear of all Liens, have been made. No further action is required under Illinois law to maintain such ownership interest in the 1998 Transition Property. No further action, other than any filings or other steps required to be taken with respect to proceeds or on account of events occurring after the date hereof by Sections 9-103, 9-304, 9-306, 9-402(7) or 9-403(2)-(3) of the UCC, is required to maintain such first priority perfected ownership interest in the Related Assets.,

Transfer Filings. The 1998 Transition Property has been validly granted and vested in the Grantee pursuant to the 1998 Funding Order and, to the extent applicable, this Agreement, and the Grantee owns all right, title and interest to the 1998 Transition Property, free and clear of all Liens and rights of any other Person (other than Liens created pursuant to the Sale Agreement and the Indenture), and all filings to be made by Illinois Power ComEd (including filings with the ICC under the Funding Law) necessary in any jurisdiction to give the Grantee a first priority perfected ownership interest in the 1998 Transition Property, free and clear of all Liens, have been made. No further action is required under Illinois law to maintain such ownership interest in the 1998 Transition Property. No further action, other than any filings or other steps required to be taken with respect to proceeds or on account of events occurring after the date hereof by Sections 9-103, 9-304, 9-306, 9-402(7) or 9-403(2)-(3) of the UCC, is required to maintain such first priority perfected ownership interest in the Related Assets.