Common use of ADDITIONAL UNDERTAKINGS OF SELLER Clause in Contracts

ADDITIONAL UNDERTAKINGS OF SELLER. The Seller hereby undertakes the obligations contained in this Article V and acknowledges that the Issuer shall have the right to assign its rights with respect to such obligations to the Indenture Trustee for the benefit of the Transition Bondholders.

Appears in 7 contracts

Samples: Transition Property Sale Agreement, Transition Property Sale Agreement (CenterPoint Energy Transition Bond Co IV, LLC), Transition Property Sale Agreement (CenterPoint Energy Transition Bond Co IV, LLC)

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ADDITIONAL UNDERTAKINGS OF SELLER. The Seller hereby undertakes the obligations contained in this Article V and acknowledges that the Issuer shall have the right to assign its rights with respect to such obligations to the Indenture Trustee for the benefit of the Transition Storm Recovery Bondholders.

Appears in 3 contracts

Samples: Property Sale Agreement (Cleco Power LLC), Property Sale Agreement (Cleco Power LLC), Property Sale Agreement (Cleco Power LLC)

ADDITIONAL UNDERTAKINGS OF SELLER. The Seller hereby undertakes the obligations contained in this Article V and acknowledges that the Issuer shall have the right to assign its rights with respect to such obligations to the Indenture Trustee for the benefit of the Transition Securitization Bondholders.

Appears in 3 contracts

Samples: Securitization Property Purchase and Sale Agreement (SIGECO Securitization I, LLC), Securitization Property Purchase and Sale Agreement (SIGECO Securitization I, LLC), Securitization Property Purchase and Sale Agreement (SIGECO Securitization I, LLC)

ADDITIONAL UNDERTAKINGS OF SELLER. The Seller hereby undertakes the obligations contained in this Article V and acknowledges that the Issuer shall have the right to assign its rights with respect to such obligations to the Indenture Trustee for the benefit of the Transition BondholdersHolders.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Atmos Energy Kansas Securitization I, LLC), Purchase and Sale Agreement (Atmos Energy Kansas Securitization I, LLC)

ADDITIONAL UNDERTAKINGS OF SELLER. The Seller hereby undertakes the obligations contained in this Article V and acknowledges that the Issuer shall have the right to assign its rights with respect to such obligations to the Indenture Trustee for the benefit of the Transition Bondholders.

Appears in 2 contracts

Samples: System Restoration Property Sale Agreement (CenterPoint Energy Restoration Bond Company, LLC), Restoration Property Sale Agreement (CenterPoint Energy Restoration Bond Company, LLC)

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ADDITIONAL UNDERTAKINGS OF SELLER. The Seller hereby undertakes the obligations contained in this Article V and acknowledges that the Issuer shall have the right to assign its rights with respect to such obligations to the Indenture Trustee for the benefit of the Transition Securitized Utility Tariff Bondholders.

Appears in 2 contracts

Samples: Securitized Utility Tariff Property Purchase and Sale Agreement (Kansas Gas Service Securitization I, L.L.C.), Securitized Utility Tariff Property Purchase and Sale Agreement (Kansas Gas Service Securitization I, L.L.C.)

ADDITIONAL UNDERTAKINGS OF SELLER. The Seller hereby undertakes the obligations contained in this Article V and acknowledges that the Issuer shall have the right to assign its rights with respect to such obligations to the Indenture Trustee for the benefit of the Transition Storm Recovery Bondholders.. SECTION 5.01

Appears in 1 contract

Samples: Sale Agreement (Cleco Katrina/Rita Hurricane Recovery Funding LLC)

ADDITIONAL UNDERTAKINGS OF SELLER. The Seller hereby undertakes the obligations contained in this Article V and acknowledges that the Issuer shall have the right to assign its rights with respect to such obligations to the Indenture Trustee for the benefit of the Transition Storm Recovery Bondholders.

Appears in 1 contract

Samples: Storm Recovery Property Sale Agreement (Cleco Katrina/Rita Hurricane Recovery Funding LLC)

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