Common use of Persons Deemed Owner Clause in Contracts

Persons Deemed Owner. Prior to due presentment for registration of transfer of any Securitization Bond, the Issuer, the Indenture Trustee, the Securitization Bond Registrar and any agent of the Issuer or the Indenture Trustee may treat the Person in whose name any Securitization Bond is registered (as of the day of determination) as the owner of such Securitization Bond for the purpose of receiving payments of principal of and premium, if any, and interest on such Securitization Bond and for all other purposes whatsoever, whether or not such Securitization Bond be overdue, and none of the Issuer, the Indenture Trustee or any agent of the Issuer or the Indenture Trustee shall be affected by notice to the contrary.

Appears in 15 contracts

Samples: Indenture (Consumers 2023 Securitization Funding LLC), Securitization Property Servicing Agreement (SIGECO Securitization I, LLC), Securitization Property Servicing Agreement (SIGECO Securitization I, LLC)

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Persons Deemed Owner. Prior to due presentment for registration of transfer of any Securitization Rate Reduction Bond, the Issuer, the Indenture Trustee, the Securitization Rate Reduction Bond Registrar and any agent of the Issuer or the Indenture Trustee may shall treat the Person in whose name any Securitization Rate Reduction Bond is registered (as of the day of determination) as the owner of such Securitization Rate Reduction Bond for the purpose of receiving payments of principal of and premium, if any, and interest on such Securitization Rate Reduction Bond and for all other purposes whatsoever, whether or not such Securitization Rate Reduction Bond be overdue, and none of the Issuer, the Indenture Trustee or any agent of the Issuer or the Indenture Trustee shall be affected by notice to the contrary.

Appears in 2 contracts

Samples: Intercreditor Agreement (PSNH Funding LLC 3), Intercreditor Agreement (PSNH Funding LLC 3)

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