Common use of Frequency of Bills; Billing Practices Clause in Contracts

Frequency of Bills; Billing Practices. In accordance with the Servicer’s then-existing policies and practices for its own charges, as such policies and practices may be modified from time to time, the Servicer shall generate and issue a Xxxx to each Customer, or, where the REP is responsible for billing the Customers, to the REP, for such Customers’ Transition Charges once every applicable Billing Period, at the same time, with the same frequency and on the same Xxxx as that containing the Servicer’s own charges to such Customers or REPs, as the case may be.

Appears in 5 contracts

Samples: Transition Property Servicing Agreement, Transition Property Servicing Agreement (CenterPoint Energy Transition Bond Co IV, LLC), Transition Property Servicing Agreement (CenterPoint Energy Transition Bond Co IV, LLC)

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Frequency of Bills; Billing Practices. In accordance with the Servicer’s then-existing policies and practices for its own charges, as such policies and practices may be modified from time to time, the Servicer shall generate and issue a Xxxx to each Customer, or, where the REP is responsible for billing the Customers, to the REP, for such Customers’ Transition System Restoration Charges once every applicable Billing Period, at the same time, with the same frequency and on the same Xxxx as that containing the Servicer’s own charges to such Customers or REPs, as the case may be.

Appears in 2 contracts

Samples: Servicing Agreement (CenterPoint Energy Restoration Bond Company, LLC), Servicing Agreement (CenterPoint Energy Restoration Bond Company, LLC)

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