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

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

AutoNDA by SimpleDocs

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

Samples: 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

Samples: 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

Samples: Northwestern Corp

AutoNDA by SimpleDocs

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

Samples: 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 Bonds.

Appears in 1 contract

Samples: Servicing Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.