Common use of Assignment to Indenture Trustee Clause in Contracts

Assignment to Indenture Trustee. The Administrator hereby acknowledges and consents to any mortgage, pledge, assignment and grant of a security interest by the Issuer to the Indenture Trustee for the benefit of the Secured Parties pursuant to the Indenture of any or all of the Issuer’s rights hereunder and the assignment of any or all of the Issuer’s rights hereunder to the Indenture Trustee for the benefit of the Secured Parties.

Appears in 23 contracts

Samples: Administration Agreement (Consumers Energy Co), Administration Agreement (Duke Energy Florida, Llc.), Administration Agreement (Consumers Energy Co)

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Assignment to Indenture Trustee. The Administrator hereby acknowledges and consents to any mortgage, pledge, assignment and grant of a security interest by the Issuer to the Indenture Trustee for the benefit of the Secured Parties Holders pursuant to the Indenture of any or all of the Issuer’s rights hereunder and the assignment of any or all of the Issuer’s rights hereunder to the Indenture Trustee for the benefit of the Secured PartiesHolders.

Appears in 10 contracts

Samples: Administration Agreement (Duke Energy Progress SC Storm Funding LLC), Administration Agreement (Duke Energy Progress SC Storm Funding LLC), Administration Agreement (Duke Energy Carolinas NC Storm Funding LLC)

Assignment to Indenture Trustee. The Administrator hereby acknowledges and consents to any the mortgage, pledge, assignment and grant of a security interest by the Issuer Company to the Indenture Trustee pursuant to the Indenture for the benefit of the Secured Parties pursuant to the Indenture Environmental Control Bondholders of any or and all of the Issuer’s rights hereunder and the assignment of any or all of the IssuerCompany’s rights hereunder to the Indenture Trustee for the benefit of the Secured PartiesTrustee.

Appears in 4 contracts

Samples: Administration Agreement (MP Environmental Funding LLC), Administration Agreement (MP Environmental Funding LLC), Administration Agreement (MP Environmental Funding LLC)

Assignment to Indenture Trustee. The Administrator hereby acknowledges and consents to any mortgage, pledge, assignment and grant of a security interest by the Issuer to the Indenture Trustee for the benefit of the Secured Parties pursuant to the Indenture of any or all of the Issuer’s rights hereunder and the assignment of any or all of the Issuer’s rights hereunder to the Indenture Trustee for the benefit of the Secured Parties. The Indenture Trustee shall be a third-party beneficiary of this Administration Agreement and is entitled to enforce the provisions hereof as if it were a party hereto.

Appears in 3 contracts

Samples: Administration Agreement (PNM Energy Transition Bond Co I, LLC), Administration Agreement (PNM Energy Transition Bond Co I, LLC), Administration Agreement (PNM Energy Transition Bond Co I, LLC)

Assignment to Indenture Trustee. The Administrator hereby acknowledges and consents to any mortgage, pledge, assignment and grant of a security interest by the Issuer to the Indenture Trustee for the benefit of the Secured Parties Holders pursuant to the Indenture of any or all of the Issuer’s rights hereunder and the assignment of any or all of the Issuer’s rights hereunder to the Indenture Trustee for the benefit of the Secured PartiesHolders. The Indenture Trustee shall be a third-party beneficiary of this Administration Agreement and is entitled to enforce the provisions hereof as if it were a party hereto.

Appears in 3 contracts

Samples: Administration Agreement (Virginia Power Fuel Securitization, LLC), Administration Agreement (Virginia Power Fuel Securitization, LLC), Administration Agreement (Virginia Power Fuel Securitization, LLC)

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Assignment to Indenture Trustee. The Administrator hereby acknowledges and consents to any mortgage, pledge, assignment and grant of a security interest by the Issuer to the Indenture Trustee for the benefit of the Secured Parties pursuant to the Indenture of any or all of the Issuer’s rights hereunder and the assignment of any or all of the Issuer’s rights hereunder to the Indenture Trustee for the benefit of the Secured Parties.. Administration Agreement

Appears in 2 contracts

Samples: Administration Agreement (Entergy New Orleans Storm Recovery Funding I, L.L.C.), Administration Agreement (Entergy New Orleans Storm Recovery Funding I, L.L.C.)

Assignment to Indenture Trustee. The Administrator hereby acknowledges and consents to any mortgage, pledge, assignment and grant of a security interest by the Issuer to the Indenture Trustee for the benefit of the Secured Parties pursuant to the Indenture of any or all of the Issuer’s 's rights hereunder and the assignment of any or all of the Issuer’s 's rights hereunder to the Indenture Trustee for the benefit of the Secured Parties.

Appears in 1 contract

Samples: Administration Agreement (Entergy Texas Restoration Funding, LLC)

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