Common use of Dominion and Control Over Transferred Bondable Transition Property Clause in Contracts

Dominion and Control Over Transferred Bondable Transition Property. Notwithstanding any other provision herein, the Servicer and the Issuer agree that the Issuer shall have dominion and control over the Transferred Bondable Transition Property, and the Servicer, in accordance with the terms hereof, is acting solely as the servicing agent of the Issuer with respect to the Transferred Bondable Transition Property. The Servicer hereby agrees that it shall not take any action hereunder that is not authorized by this Servicing Agreement, the Competition Act or the Financing Order, that is not consistent with its customary procedures and practices, or that shall impair the rights of the Issuer with respect to the Transferred Bondable Transition Property, in each case unless such action is required by law or court or regulatory order.

Dominion and Control Over Transferred Bondable Transition Property. Notwithstanding any other provision herein, the Servicer and the Issuer agree that the Issuer shall have dominion and control over the Transferred Bondable Transition Property, and the Servicer, in accordance with the terms hereof, is acting solely as the servicing agent of the Issuer with respect to the Transferred Bondable Transition Property. The Servicer hereby agrees that it shall not take any action hereunder that is not authorized by this Servicing Agreement, the Competition Act or the Financing Order, that is not consistent with its customary procedures and practices, or that shall impair the rights of the Issuer with respect to the Transferred Bondable Transition Property, in each case unless such action is required by law or court or regulatory order.

Dominion and Control Over Transferred Bondable Transition Property. Notwithstanding any other provision herein, the Servicer and the Issuer agree that the Issuer shall have dominion and control over the Transferred Bondable Transition Property, and the Servicer, in accordance with the terms hereof, is acting solely as the servicing agent of the Issuer with respect to the Transferred Bondable Transition Property. The Servicer hereby agrees that it shall not take any action hereunder that is not authorized by this Servicing Agreement, the Competition Act or the Financing Order, that is not consistent with its customary procedures and practices, or that shall impair the rights of the Issuer with respect to the Transferred Bondable Transition Property, in each case unless such action is required by law or court or regulatory order.