Common use of No Recourse to Issuer Clause in Contracts

No Recourse to Issuer. Notwithstanding any provision of this Indenture or any supplemental Indenture to the contrary, Bondholders shall have no recourse against the Issuer, but shall look only to the Collateral, with respect to any amounts due to the Bondholders hereunder.

Appears in 3 contracts

Samples: PSNH Funding LLC 2, PSNH Funding LLC, PSNH Funding LLC

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No Recourse to Issuer. Notwithstanding any provision of this Indenture or any supplemental Indenture to the contrary, Bondholders shall have no recourse against the Issuer, but shall look only to the Collateral, with respect to any amounts due to the Bondholders hereunder.

Appears in 2 contracts

Samples: Indenture (PG&E Energy Recovery Funding LLC), Indenture (PG&E Energy Recovery Funding LLC)

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No Recourse to Issuer. Notwithstanding any provision of this --------------------- Indenture or any supplemental Indenture to the contrary, Bondholders shall have no recourse against the Issuer, but shall look only to the Collateral, with respect to any amounts due to the Bondholders hereunder.

Appears in 1 contract

Samples: Administration Agreement (PSNH Funding LLC 2)

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