Common use of Action on Transition Bonds Clause in Contracts

Action on Transition Bonds. The Trustee's right to seek and recover judgment on the Transition Bonds or under this Indenture shall not be affected by the seeking, obtaining or application of any other relief under or with respect to this Indenture. Neither the Lien of this Indenture nor any rights or remedies of the Trustee or the Transition Bondholders shall be impaired by the recovery of any judgment by the Trustee against the Issuer or by the levy of any execution under such judgment upon any portion of the Collateral or upon any of the assets of the Issuer.

Appears in 7 contracts

Samples: Indenture (Atlantic City Electric Transition Funding LLC), Indenture (Jcp&l Transition Funding LLC), Sale Agreement, Servicing Agreement (Atlantic City Electric Transition Funding LLC)

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Action on Transition Bonds. The Bond Trustee's right to seek and recover judgment on the Transition Bonds or under this Indenture shall not be affected by the seeking, obtaining or application of any other relief under or with respect to this Indenture. Neither the Lien lien of this Indenture nor any rights or remedies of the Bond Trustee or the Transition Bondholders shall be impaired by the recovery of any judgment by the Bond Trustee against the Issuer or by the levy of any execution under such judgment upon any portion of the Collateral or upon any of the assets of the Issuer.

Appears in 6 contracts

Samples: Indenture (West Penn Funding LLC), Indenture (Peco Energy Transition Trust), Indenture (Peco Energy Transition Trust)

Action on Transition Bonds. The Indenture Trustee's ’s right to seek and recover judgment on the Transition Bonds or under this Indenture shall not be affected by the seeking, obtaining or application of any other relief under or with respect to this Indenture. Neither the Lien of this Indenture nor any rights or remedies of the Indenture Trustee or the Transition Bondholders Holders shall be impaired by the recovery of any judgment by the Indenture Trustee against the Issuer or by the levy of any execution under such judgment upon any portion of the Transition Bond Collateral or upon any of the other assets of the Issuer.

Appears in 6 contracts

Samples: Indenture (AEP Transition Funding III LLC), Indenture (AEP Transition Funding III LLC), Indenture (AEP Transition Funding III LLC)

Action on Transition Bonds. The Trustee's right to seek and recover judgment on the Transition Bonds or under this Indenture shall not be affected by the seeking, obtaining or application of any other relief under or with respect to this Indenture. Neither the Lien of this Indenture nor any rights or remedies of the Trustee or the Transition Bondholders shall be impaired by the recovery of any judgment by the Trustee against the Issuer or by the levy of any execution under such judgment upon any portion of the Collateral Trust Estate or upon any of the other assets of the Issuer.

Appears in 2 contracts

Samples: Sale Agreement (CenterPoint Energy Transition Bond CO II, LLC), Transition Property Servicing Agreement (CenterPoint Energy Transition Bond CO II, LLC)

Action on Transition Bonds. The Trustee's right to seek and recover judgment on the Transition Bonds or under this Indenture shall not be affected by the seeking, obtaining or application of any other relief under or with respect to this Indenture. Neither the Lien of this Indenture nor any rights or remedies of the Trustee or the Transition Bondholders shall be impaired by the recovery of any judgment by the Trustee against the Issuer or by the levy of any execution under such judgment upon any portion of the Collateral Trust Estate or upon any of the assets of the Issuer.

Appears in 1 contract

Samples: Intercreditor Agreement (Reliant Energy Transition Bond Co LLC)

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Action on Transition Bonds. | The Trustee's ’s right to seek and recover judgment on the Transition Bonds or under this Indenture shall not be affected by the seeking, obtaining or application of any other relief under or with respect to this Indenture. Neither the Lien of this Indenture nor any rights or remedies of the Trustee or the Transition Bondholders shall be impaired by the recovery of any judgment by the Trustee against the Issuer or by the levy of any execution under such judgment upon any portion of the Collateral or upon any of the assets of the Issuer.

Appears in 1 contract

Samples: JCP&L Transition Funding II LLC

Action on Transition Bonds. The Trustee's ’s right to seek and recover judgment on the Transition Bonds or under this Indenture shall not be affected by the seeking, obtaining or application of any other relief under or with respect to this Indenture. Neither the Lien of this Indenture nor any rights or remedies of the Trustee or the Transition Bondholders shall be impaired by the recovery of any judgment by the Trustee against the Issuer or by the levy of any execution under such judgment upon any portion of the Collateral or upon any of the assets of the Issuer.

Appears in 1 contract

Samples: Indenture (JCP&L Transition Funding II LLC)

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