Common use of Notice of Liens Clause in Contracts

Notice of Liens. The Seller shall notify the Issuer and the Trustee promptly after becoming aware of any Lien on any Transferred Bondable Transition Property other than the conveyances hereunder or under the Indenture.

Appears in 6 contracts

Samples: Sale Agreement (JCP&L Transition Funding II LLC), Sale Agreement (JCP&L Transition Funding II LLC), Sale Agreement (Pse&g Transition Funding LLC)

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Notice of Liens. The Seller shall notify the Issuer Trustee and the Bond Trustee promptly after becoming aware of any Lien on any Transferred Bondable Intangible Transition Property other than the conveyances hereunder or under the Indenture, conveyances to Other Issuers (and related pledges) or, in the case of Retained Intangible Transition Property, the Lien of the Mortgage.

Appears in 4 contracts

Samples: Intangible Transition Property Sale Agreement (Peco Energy Transition Trust), Intangible Transition Property Sale Agreement (Peco Energy Transition Trust), Intangible Transition Property Sale Agreement (Peco Energy Transition Trust)

Notice of Liens. The Seller Transferor shall notify the Issuer and the Bond Trustee promptly after becoming aware of any Lien on any Transferred Bondable Intangible Transition Property other than the conveyances hereunder hereunder, under the Sale Agreement or under the Indenture.

Appears in 3 contracts

Samples: Transition Property Transfer Agreement (West Penn Funding LLC), Intangible Transition Property Transfer Agreement (West Penn Power Co), Intangible Transition Property Transfer Agreement (West Penn Power Co)

Notice of Liens. The Seller shall notify the Issuer and the Trustee promptly after becoming aware of any Lien on any Transferred Bondable Transition Property other than the conveyances hereunder or and under the Indenture.

Appears in 2 contracts

Samples: Transition Property Sale Agreement (Atlantic City Electric Transition Funding LLC), Transition Property Sale Agreement (Atlantic City Electric Transition Funding LLC)

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Notice of Liens. The Seller shall notify the Issuer and the Trustee promptly after becoming aware of any Lien on any Transferred BGS Bondable Transition Property other than the conveyances hereunder or under the Indenture.

Appears in 2 contracts

Samples: Transition Property Sale Agreement (PSE&G Transition Funding II LLC), Transition Property Sale Agreement (PSE&G Transition Funding II LLC)

Notice of Liens. The Seller shall notify the Issuer and the Bond Trustee promptly after becoming aware of any Lien on any Transferred Bondable Intangible Transition Property other than the conveyances hereunder hereunder, under the Transfer Agreement or under the Indenture.

Appears in 1 contract

Samples: Intangible Transition Property Sale Agreement (West Penn Funding LLC)

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