Common use of No Recourse to Issuer Clause in Contracts

No Recourse to Issuer. Notwithstanding any provision of this Indenture or any Series Supplement to the contrary, Holders shall have no recourse against the Issuer, but shall look only to the Transition Bond Collateral with respect to any amounts due to the Holders hereunder and under the Transition Bonds.

Appears in 4 contracts

Samples: Section    Indenture (Aep Texas Central Co), Indenture (Aep Texas Central Co), Indenture (Entergy Gulf States Reconstruction Funding I, LLC)

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No Recourse to Issuer. Notwithstanding any provision of this Indenture or any the Series Supplement to the contrary, Holders shall have no recourse against the Issuer, but shall look only to the Transition Bond Collateral with respect to any amounts due to the Holders hereunder and under the Transition Bonds.

Appears in 2 contracts

Samples: Indenture (Entergy Texas Restoration Funding, LLC), Indenture (Entergy Texas Restoration Funding, LLC)

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No Recourse to Issuer. Notwithstanding any provision of this Indenture or any Series Supplement to the contrary, Holders shall have no recourse against the Issuer, but shall look only to the Transition Rate Stabilization Bond Collateral with respect to any amounts due to the Holders hereunder and under the Transition Rate Stabilization Bonds.

Appears in 2 contracts

Samples: Indenture (RSB Bondco LLC), Indenture (RSB Bondco LLC)

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