Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 26 contracts
Samples: Servicing Agreement (PG&E Recovery Funding LLC), Servicing Agreement (Evergy Missouri West Storm Funding I, LLC), Intercreditor Agreement (Evergy Missouri West Storm Funding I, LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the The Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, and the Servicer hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Servicing Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Servicing Agreement and applicable lawlaw as it applies to the Servicer in its capacity as servicer hereunder. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Servicing Agreement.
Appears in 18 contracts
Samples: Cost Property Servicing Agreement (Virginia Power Fuel Securitization, LLC), Cost Property Servicing Agreement (Virginia Power Fuel Securitization, LLC), Cost Property Servicing Agreement (Virginia Power Fuel Securitization, LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the The Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 16 contracts
Samples: CRR Property Servicing Agreement (Appalachian Consumer Rate Relief Funding LLC), CRR Property Servicing Agreement (Appalachian Consumer Rate Relief Funding LLC), CRR Property Servicing Agreement (Appalachian Consumer Rate Relief Funding LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the The Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Servicing Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Servicing Agreement and applicable lawlaw as it applies to the Servicer in its capacity as servicer hereunder. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Servicing Agreement.
Appears in 10 contracts
Samples: Securitization Property Servicing Agreement (Consumers 2023 Securitization Funding LLC), Property Servicing Agreement (Duke Energy Florida, Llc.), Property Servicing Agreement (Duke Energy Florida, Llc.)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 5.04 and Article VIIVI, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable lawAgreement. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 8 contracts
Samples: Re: Servicing Agreement (MP Environmental Funding LLC), Servicing Agreement (PE Environmental Funding LLC), Re: Servicing Agreement (MP Environmental Funding LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII7, the Note Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the Note Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 8 contracts
Samples: Transition Property Servicing Agreement (Cl&p Funding LLC), Transition Property Servicing Agreement (Cl&p Funding LLC), Transition Property Servicing Agreement (Northeast Utilities System)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the The Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Servicing Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Servicing Agreement and applicable law. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Servicing Agreement.
Appears in 8 contracts
Samples: Securitization Property Servicing Agreement (DTE Electric Securitization Funding II LLC), Securitization Property Servicing Agreement (DTE Electric Securitization Funding II LLC), Securitization Property Servicing Agreement (DTE Electric Securitization Funding II LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 5.06 and Article VIIVI, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable lawAgreement. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 6 contracts
Samples: Transition Property Servicing Agreement (Atlantic City Electric Transition Funding LLC), Transition Property Servicing Agreement (PSE&G Transition Funding II LLC), Servicing Agreement (Pse&g Transition Funding LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the The Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 6 contracts
Samples: Transition Property Servicing Agreement (Entergy Texas, Inc.), Transition Property Servicing Agreement (Entergy Texas, Inc.), Transition Property Servicing Agreement (Entergy Texas, Inc.)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII7, the Note Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the Note Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 6 contracts
Samples: Transition Property Servicing Agreement (Sdg&e Funding LLC a De Limited Liability Co), Servicing Agreement (Pg&e Funding LLC), Transition Property Servicing Agreement (Pg&e Funding LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII7, the Note Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Agreement on behalf of and for the benefit of the Note Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 4 contracts
Samples: Transition Property Servicing Agreement (BEC Funding II, LLC), Transition Property Servicing Agreement (BEC Funding II, LLC), Transition Property Servicing Agreement (CEC Funding, LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the The Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Servicing Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Servicing Agreement and applicable lawlaw as it applies to the Servicer in its capacity as servicer hereunder. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Servicing Agreement.
Appears in 4 contracts
Samples: Energy Transition Property Servicing Agreement (PNM Energy Transition Bond Co I, LLC), Energy Transition Property Servicing Agreement (PNM Energy Transition Bond Co I, LLC), Energy Transition Property Servicing Agreement (PNM Energy Transition Bond Co I, LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII7, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 4 contracts
Samples: Servicing Agreement (PSNH Funding LLC 2), Servicing Agreement (PSNH Funding LLC), Servicing Agreement (Northeast Utilities System)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 6.04 and Article VII7, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 4 contracts
Samples: Servicing Agreement, Servicing Agreement (PSNH Funding LLC 3), Servicing Agreement (PSNH Funding LLC 3)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 5.04 and Article VIIVI, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable lawAgreement. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 4 contracts
Samples: Servicing Agreement (Pp&l Transition Bond Co Inc), Servicing Agreement (Pp&l Transition Bond Co Inc), Servicing Agreement (West Penn Power Co)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 6.06 and Article VIISeven, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 3 contracts
Samples: Property Servicing Agreement (FPL Recovery Funding LLC), Florida Power & Light Co, FPL Recovery Funding LLC
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 5.04 and Article VIIVI, the each Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the each Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable lawAgreement. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 3 contracts
Samples: Master Servicing Agreement (Peco Energy Transition Trust), Master Servicing Agreement (Peco Energy Transition Trust), Master Servicing Agreement (Peco Energy Transition Trust)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the Note Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the Note Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 3 contracts
Samples: Transition Property Servicing Agreement (CPL Transition Funding LLC), Transition Property Servicing Agreement (CPL Transition Funding LLC), Transition Property Servicing Agreement (Central & South West Corp)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the The Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 3 contracts
Samples: Transition Property Servicing Agreement (Entergy Texas Restoration Funding, LLC), Transition Property Servicing Agreement (Entergy Gulf States Reconstruction Funding I, LLC), Transition Property Servicing Agreement (Entergy Gulf States Reconstruction Funding I, LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 3 contracts
Samples: Transition Property Servicing Agreement (Txu Electric Delivery Transition Bond Co LLC), Transition Property Servicing Agreement (Oncor Electric Delivery Transition Bond Co LLC), Transition Property Servicing Agreement (Oncor Electric Delivery Transition Bond Co LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 6.06 and Article VII, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 2 contracts
Samples: Securitization Property Servicing Agreement (Detroit Edison Securitization Funding LLC), Securitization Property Servicing Agreement (Detroit Edison Securitization Funding LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the The Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Servicing Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with and subject to the terms of this Agreement and applicable lawServicing Agreement. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Servicing Agreement.
Appears in 2 contracts
Samples: Servicing Agreement (JCP&L Transition Funding II LLC), Servicing Agreement (JCP&L Transition Funding II LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the The Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Agreement. SECTION 2.02.
Appears in 2 contracts
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the The Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 2 contracts
Samples: Investment Recovery Property Servicing Agreement (Entergy Louisiana Investment Recovery Funding I, L.L.C.), Investment Recovery Property Servicing Agreement (Entergy Louisiana Investment Recovery Funding I, L.L.C.)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 2 contracts
Samples: Recovery Property Servicing Agreement (PG&E Energy Recovery Funding LLC), Recovery Property Servicing Agreement (PG&E Energy Recovery Funding LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the The Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable lawRequirements of Law. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 2 contracts
Samples: Servicing Agreement (RSB Bondco LLC), Servicing Agreement (RSB Bondco LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s acceptance 's acceFTAnce thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 1 contract
Samples: Northwestern Corp
