THE NOTE COLLATERAL Clause Samples

THE NOTE COLLATERAL. The Note Issuer shall have made or caused to be made all filings with the PUCT and the Texas Secretary of State pursuant to the Financing Order and the Securitization Law and all other filings necessary to perfect the Grant of the Note Collateral to the Indenture Trustee and the lien of this Indenture.

THE NOTE COLLATERAL. Agent (i) acknowledges receipt of copies of the Credit Agreements and the Credit Facilities Security Documents as in effect on the date hereof and (ii) confirms that the Note Indenture and the Note Security Documents contain provisions substantially to the effect set forth in Annex II hereto under which the Note Secured Parties agree to, and subject their rights to the provisions of, this Agreement.