Common use of Assignment to Trustee Clause in Contracts

Assignment to Trustee. The Servicer hereby acknowledges and consents to the collateral assignment or pledge of, or grant of a security interest in, any or all of the Issuer's rights and obligations hereunder to the Trustee for the benefit of the holders of the Bonds.

Appears in 5 contracts

Sources: Servicing Agreement (PSNH Funding LLC 2), Servicing Agreement (Northeast Utilities System), Servicing Agreement (PSNH Funding LLC)

Assignment to Trustee. The Servicer hereby acknowledges and consents to the collateral assignment or pledge of, or grant of a security interest in, any or all of the Issuer's ’s rights and obligations hereunder to the Trustee for the benefit of the holders of the Bonds.

Appears in 1 contract

Sources: Servicing Agreement

Assignment to Trustee. The Servicer hereby acknowledges and --------------------- consents to the collateral assignment or pledge of, or grant of a security interest in, any or all of the Issuer's rights and obligations hereunder to the Trustee for the benefit of the holders of the Bonds.

Appears in 1 contract

Sources: Servicing Agreement (PSNH Funding LLC 2)

Assignment to Trustee. The Servicer hereby acknowledges and consents to the collateral assignment or pledge of, or grant of a security interest in, any or all of the Issuer's ’s rights and obligations hereunder to the Trustee for the benefit of the holders of the Bondsapplicable Trustee.

Appears in 1 contract

Sources: Recovery Property Servicing Agreement (PG&E Energy Recovery Funding LLC)

Assignment to Trustee. The Servicer hereby acknowledges and consents to the collateral assignment or pledge of, or grant of a security interest in, any or all of the Issuer's ’s rights and obligations hereunder to the Trustee for the benefit of the holders of the BondsTrustee.

Appears in 1 contract

Sources: Recovery Property Servicing Agreement (PG&E Energy Recovery Funding LLC)

Assignment to Trustee. The Servicer hereby acknowledges and consents to the collateral assignment or pledge of, or grant of a security interest in, any or all of the Issuer's rights and obligations hereunder to the Trustee for the benefit of the holders of the BondsTrustee.

Appears in 1 contract

Sources: Transition Property Servicing Agreement (Northwestern Corp)