Common use of Transition Property Clause in Contracts

Transition Property. The representations and warranties shall survive the sale and transfer of Series 2003-1 Transition Property to the Issuer and the pledge thereof to the Indenture Trustee pursuant to the Indenture. The Seller agrees that the Issuer will have the right to assign the right to enforce the following representations and warranties to the Indenture Trustee for the benefit of the Series 2003-1

Appears in 3 contracts

Samples: Transition Property Purchase and Sale Agreement, Transition Property Purchase and Sale Agreement (Oncor Electric Delivery Transition Bond Co LLC), Transition Property Purchase and Sale Agreement (Oncor Electric Delivery Transition Bond Co LLC)

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Transition Property. The representations and warranties shall survive the execution and delivery of this Agreement, the sale and transfer of any Series 2003-1 Transition Property to the Issuer pursuant to the Sale Agreement and the pledge thereof to the Indenture Trustee pursuant to the Indenture. The Seller agrees that the Issuer will have the right to assign the right to enforce the following representations and warranties to the Indenture Trustee for the benefit of the Series 2003-1.

Appears in 2 contracts

Samples: Transition Property Servicing Agreement (Oncor Electric Delivery Transition Bond Co LLC), Transition Property Servicing Agreement (Oncor Electric Delivery Transition Bond Co LLC)

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Transition Property. The representations and warranties shall survive the sale and transfer of Series 20032004-1 Transition Property to the Issuer and the pledge thereof to the Indenture Trustee pursuant to the Indenture. The Seller agrees that the Issuer will have the right to assign the right to enforce the following representations and warranties to the Indenture Trustee for the benefit of the Series 20032004-1

Appears in 1 contract

Samples: Transition Property Purchase and Sale Agreement (Txu Electric Delivery Transition Bond Co LLC)

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