Satisfaction and Discharge of Indenture; Defeasance. (a) The Securitization Bonds of any Series, all moneys payable with respect thereto and this Indenture as it applies to such Series shall cease to be of further effect and the Lien hereunder shall be released with respect to such Series, interest shall cease to accrue on the Securitization Bonds of such Series and the Trustee, on demand of and at the expense of the Issuer, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture with respect to the Securitization Bonds of such Series, when
Appears in 4 contracts
Samples: Consumers Funding LLC, Detroit Edison Securitization Funding LLC, Consumers Energy Co Financing V
Satisfaction and Discharge of Indenture; Defeasance. (a) The Securitization Transition Bonds of any Series, all moneys payable with respect thereto and this Indenture as it applies to such Series shall cease to be of further effect and the Lien lien hereunder shall be released with respect to such Series, interest shall cease to accrue on the Securitization Transition Bonds of such Series and the Bond Trustee, on demand of and at the expense of the Issuer, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture with respect to the Securitization Transition Bonds of such Series, when
Appears in 4 contracts
Samples: Indenture (Peco Energy Transition Trust), Indenture (Peco Energy Transition Trust), Indenture (Peco Energy Transition Trust)
Satisfaction and Discharge of Indenture; Defeasance. (a) The Securitization Transition Bonds of any Series, all moneys payable with respect thereto and this Indenture as it applies to such Series shall cease to be of further effect and the Lien hereunder shall be released with respect to such Series, interest shall cease to accrue on the Securitization Transition Bonds of such Series and the Trustee, on demand of and at the expense of the Issuer, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture with respect to the Securitization Transition Bonds of such Series, when
Appears in 4 contracts
Samples: Pp&l Transition Bond Co Inc, Pse&g Transition Funding LLC, Pp&l Transition Bond Co Inc
Satisfaction and Discharge of Indenture; Defeasance. (a) The Securitization Transition Bonds of any Series, all moneys payable with respect thereto and this Indenture as it applies to such Series shall cease to be of further effect and the Lien hereunder shall be released with respect to such Series, interest shall cease to accrue on the Securitization Transition Bonds of such Series and the Trustee, on written demand of and at the expense of the Issuer, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture with respect to the Securitization Transition Bonds of such Series, when
Appears in 4 contracts
Samples: Indenture (JCP&L Transition Funding II LLC), JCP&L Transition Funding II LLC, Intercreditor Agreement (Reliant Energy Transition Bond Co LLC)
Satisfaction and Discharge of Indenture; Defeasance. (a) The Securitization Transition Bonds of any Series, all moneys payable with respect thereto and this Indenture as it applies to such Series shall cease to be of further effect and the Lien hereunder shall be released with respect to such Series, interest Interest shall cease to accrue on the Securitization Transition Bonds of such Series and the Trustee, on written demand of and at the expense of the Issuer, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture with respect to the Securitization Transition Bonds of such Series, when
Appears in 2 contracts
Samples: Sale Agreement (CenterPoint Energy Transition Bond CO II, LLC), Transition Property Servicing Agreement (CenterPoint Energy Transition Bond CO II, LLC)
Satisfaction and Discharge of Indenture; Defeasance. (a) The Securitization Transition Bonds of any Series, all moneys payable with respect thereto and this Indenture as it applies to such Series shall cease to be of further effect and the Lien lien hereunder shall be released with respect to such Series, interest shall cease to accrue on the Securitization Transition Bonds of such Series and the Bond Trustee, on reasonable written demand of and at the expense of the Issuer, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture with respect to the Securitization Transition Bonds of such Series, when
Appears in 1 contract
Samples: Indenture (West Penn Funding LLC)
Satisfaction and Discharge of Indenture; Defeasance. (a) The Securitization Transition Bonds of any Series, all moneys payable with respect thereto and this Indenture as it applies to such Series shall cease to be of further effect and the Lien lien hereunder shall be released with respect to such Series, interest shall cease to accrue on the Securitization Transition Bonds of such Series and the Bond Trustee, on demand of and at the expense of the Issuer, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture with respect to the Securitization Bonds of such Series, whenproper
Appears in 1 contract
Satisfaction and Discharge of Indenture; Defeasance. (a) The Securitization Transition Bonds of any Series, all moneys payable payment obligations with respect thereto and this Indenture as it applies to such Series shall cease to be of further effect and the Lien hereunder shall be released with respect to such Series, interest shall cease to accrue on the Securitization Transition Bonds of such Series and the Trustee, on demand of and at the expense of the Issuer, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture with respect to the Securitization Transition Bonds of such Series, when:
Appears in 1 contract
Samples: Indenture (Atlantic City Electric Transition Funding LLC)
Satisfaction and Discharge of Indenture; Defeasance. (a) The Securitization Transition Bonds of any Series, all moneys payable payment obligations with respect thereto and this Indenture as it applies to such Series shall cease to be of further effect and the Lien hereunder shall be released with respect to such Series, interest shall cease to accrue on the Securitization Transition Bonds of such Series and the Trustee, on written demand of and at the expense of the Issuer, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture with respect to the Securitization Transition Bonds of such Series, when:
Appears in 1 contract
Samples: Sale Agreement, Servicing Agreement (Atlantic City Electric Transition Funding LLC)
