Common use of Conditions to Conveyance of Transition Property Clause in Contracts

Conditions to Conveyance of Transition Property. The obligation of the Issuer to purchase Transition Property on any Transfer Date shall be subject to the satisfaction or waiver by the Issuer of each of the following conditions:

Appears in 4 contracts

Samples: Transition Property Purchase and Sale Agreement (Aep Texas Central Co), Transition Property Purchase and Sale Agreement (Aep Texas Central Co), Transition Property Purchase and Sale Agreement (Entergy Gulf States Reconstruction Funding I, LLC)

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Conditions to Conveyance of Transition Property. The obligation of the Note Issuer to purchase Transition Property on any Transfer Date shall be subject to the satisfaction or waiver by the Note Issuer of each of the following conditions:

Appears in 3 contracts

Samples: Transition Property Purchase and Sale Agreement (CPL Transition Funding LLC), Transition Property Purchase and Sale Agreement (CPL Transition Funding LLC), Transition Property Purchase and Sale Agreement (Central & South West Corp)

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Conditions to Conveyance of Transition Property. The obligation of the Issuer to purchase Transition Property on any the Transfer Date shall be subject to the satisfaction or waiver by the Issuer of each of the following conditions:

Appears in 1 contract

Samples: Transition Property Purchase and Sale Agreement (Entergy Texas Restoration Funding, LLC)

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