Examples of Transferred Intangible Transition Property in a sentence
As of the Initial Transfer Date and as of any Subsequent Transfer Date, as applicable, the Seller makes the following representations and warranties on which the Issuer has relied and will rely in acquiring Transferred Intangible Transition Property.
The transfers and assignments herein contemplated constitute sales of the Initial Intangible Transition Property or the Subsequent Intangible Transition Property, as the case may be, from the Seller to the Issuer and the beneficial interest in and title to the Transferred Intangible Transition Property would not be part of the debtor's estate in the event of the filing of a bankruptcy petition by or against the Seller under any bankruptcy law.
The Seller is the sole owner of the Intangible Transition Property being sold to the Issuer on the Initial Transfer Date or Subsequent Transfer Date, as applicable; the Transferred Intangible Transition Property has been validly transferred and sold to the Issuer free and clear of all Liens other than Liens created by the Issuer pursuant to the Indenture.
The representations and warranties shall survive the sale of Transferred Intangible Transition Property to the Issuer and the pledge thereof to the Bond Trustee pursuant to the Indenture.
All information provided by the Seller to the Issuer with respect to the Transferred Intangible Transition Property is correct in all material respects.
All information provided by the Transferor to the Seller with respect to the Transferred Intangible Transition Property is correct in all material respects.
The Transferor is the sole owner of the Intangible Transition Property being sold to the Seller on the Initial Contribution Date or Subsequent Contribution Date, as applicable; the Transferred Intangible Transition Property has been validly transferred and sold to the Seller free and clear of all Liens other than Liens contemplated hereby.
The Seller hereby acknowledges and consents to any mortgage, pledge, assignment and grant of a security interest by the Issuer to the Bond Trustee pursuant to the Indenture for the benefit of the Transition Bondholders of all right, title and interest of the Issuer in, to and under the Transferred Intangible Transition Property and the proceeds thereof and the assignment of any or all of the Issuer's rights hereunder to the Bond Trustee.
The representations and warranties shall survive the sale of Transferred Intangible Transition Property to the Seller, the sale of the Transferred Intangible Transition Property from the Seller to the Issuer pursuant to the Sale Agreement and the pledge thereof to the Bond Trustee pursuant to the Indenture.
The transfers and assignments herein contemplated constitute sales of the Initial Intangible Transition Property or the Subsequent Intangible Transition Property, as the case may be, from the Transferor to the Seller and the beneficial interest in and title to the Transferred Intangible Transition Property would not be part of the debtor's estate in the event of the filing of a bankruptcy petition by or against the Transferor under any bankruptcy law.