Examples of Transferred Transition Property in a sentence
No further action is required to maintain such ownership interest (subject to any Lien created in favor of the Holders pursuant to Section 39.309 of the Securitization Law and any Lien that may be granted under the Basic Documents) and to give the Indenture Trustee a first priority perfected security interest in the Transferred Transition Property.
There is no order by any court providing for the revocation, alteration, limitation or other impairment of the Securitization Law, the Financing Order, the Issuance Advice Letter, the Transferred Transition Property or the Transition Charges or any rights arising under any of them or that seeks to enjoin the performance of any obligations under the Financing Order.
The Seller has not authorized the filing of and is not aware (after due inquiry) of any financing statement against it that includes a description of collateral including the Transferred Transition Property other than any financing statement filed, recorded or made in favor of the Issuer or the Indenture Trustee in connection with the Basic Documents.
The representations and warranties shall survive the sale and transfer of Transferred Transition Property to the Issuer and the pledge thereof to the Indenture Trustee pursuant to the Indenture.
The Seller shall notify the Issuer and the Indenture Trustee promptly after becoming aware of any Lien on any of the Transferred Transition Property, other than the conveyances hereunder, any Lien under the Basic Documents or any Lien under Section 39.309 of the Securitization Law or the UCC for the benefit of the Issuer or the Secured Parties.
As at 30 June 2021, the Group’s bank borrowings of RMB9,000,000 (31 December 2020: RMB10,000,000) were pledged by 100% equity interests of Zhenro Enterprise Service Co., Ltd., a subsidiary of the Group.
Subject to subsection (f) below, at each Transfer Date, all written information, as amended or supplemented from time to time, provided by the Seller to the Issuer with respect to the Transferred Transition Property (including the Expected Amortization Schedule, the Financing Order and the Issuance Advice Letter relating thereto) is true and correct in all material respects.
The representations and warranties shall survive the sale and transfer of Transferred Transition Property to the Note Issuer and the pledge thereof to the Indenture Trustee pursuant to the Indenture.
CPL, in its capacity as Seller, will not at any time assert any Lien against, or with respect to, any of the Transferred Transition Property.
The Seller has not authorized the filing of and is not aware (after due inquiry) of any financing statement against it that includes a description of collateral including the Transferred Transition Property other than any financing statement filed, recorded or made in favor of the Note Issuer or the Indenture Trustee in connection with the Transaction Documents.