Appointment of Administrator: Acceptance of Appointment. The Issuer hereby appoints the Administrator, and the Administrator hereby accepts such appointment, to perform the Administrator's obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer in accordance with the terms of this Agreement and applicable law.
Appears in 5 contracts
Samples: Administration Agreement (Atlantic City Electric Transition Funding LLC), Administration Agreement (PSNH Funding LLC 2), Administration Agreement (PSNH Funding LLC)
Appointment of Administrator: Acceptance of Appointment. The Bond Issuer hereby appoints the Administrator, and the Administrator hereby accepts such appointment, to perform the Administrator's ’s obligations pursuant to this Agreement on behalf of and for the benefit of the Bond Issuer in accordance with the terms of this Agreement and applicable law.
Appears in 4 contracts
Samples: Administration Agreement (OE Funding LLC), Administration Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013), Administration Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013)
Appointment of Administrator: Acceptance of Appointment. The Issuer hereby appoints the Administrator, and the Administrator hereby accepts such appointment, to perform the Administrator's ’s obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer in accordance with the terms of this Agreement and applicable law.
Appears in 4 contracts
Samples: Administration Agreement (PSNH Funding LLC 3), Administration Agreement, Administration Agreement
Appointment of Administrator: Acceptance of Appointment. The Note Issuer hereby appoints the Administrator, and the Administrator hereby accepts such appointment, to perform the Administrator's ’s obligations pursuant to this Agreement on behalf of and for the benefit of the Note Issuer in accordance with the terms of this Agreement and applicable law.
Appears in 4 contracts
Samples: Administration Agreement (CEC Funding, LLC), Administration Agreement (BEC Funding II, LLC), Administration Agreement (BEC Funding II, LLC)
