Common use of Closed Accounts Clause in Contracts

Closed Accounts. If the qualified low-income customer’s account on the Pay Run Funding File has been closed, between the time a pledge has been made by the LSP and the Utility’s receipt of the LIHEAP benefit, and the account has an owing balance, the Utility shall apply the LIHEAP benefit to the closed account. Any remaining amount of the LIHEAP benefit shall be refunded to CSD. If the qualified low-income customer’s account number is closed with no outstanding balance, the total amount of the LIHEAP benefit shall be returned to CSD. All LIHEAP benefits returned to CSD shall be in accordance with section 1.7 of this Agreement.