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

Frequency of Bills; Billing Practices. In accordance with the Servicer's then-existing Servicer Policies and Practices for its own charges, as such Servicer Policies and Practices may be modified from time to time, the Servicer shall generate and issue a Xxxx to each Customer, or, where an Applicable REP or Other Provider, if any, is responsible for billing the Customers, to the Applicable REP or Other Provider, 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, REPs or Other Providers, as the case may be; provided, however, that the Servicer may xxxx Other Providers less frequently in accordance with its current practices so long as the PUCT Regulations so permit and the number of retail Customers of any such Other Provider for whom such modified billing terms apply shall be less than 5,000 as of the end of the preceding calendar year. In the event that the Servicer makes any material modification to these practices, it shall notify the Issuer, the Indenture Trustee, and the Rating Agencies prior to the effectiveness of any such modification; provided, however, that the Servicer may not make any modification that will materially adversely affect the Holders.

Frequency of Bills; Billing Practices. In accordance with the Servicer's ’s then-existing Servicer Policies and Practices for its own charges, as such Servicer Policies and Practices may be modified from time to time, the Servicer shall generate and issue a Xxxx to each Customer, or, where an Applicable REP or Other Provider, if any, is responsible for billing the Customers, to the Applicable REP or Other Provider, 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 ’s own charges to such Customers, REPs or Other Providers, as the case may be; provided, however, that the Servicer may xxxx Other Providers less frequently in accordance with its current practices so long as the PUCT Regulations so permit and the number of retail Customers of any such Other Provider for whom such modified billing ANNEX I terms apply shall be less than 5,000 as of the end of the preceding calendar year. In the event that the Servicer makes any material modification to these practices, it shall notify the Issuer, the Indenture Trustee, and the Rating Agencies prior to the effectiveness of any such modification; provided, however, that the Servicer may not make any modification that will materially adversely affect the Holders.

Frequency of Bills; Billing Practices. In accordance with the Servicer's ’s then-existing Servicer Policies and Practices for its own charges, as such Servicer Policies and Practices may be modified from time to time, the Servicer shall generate and issue a Xxxx to each Customer, or, where an the Applicable REP or Other Provider, if any, Provider is responsible for billing the Customers, to the Applicable REP or Other Provider, 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 ’s own charges to such Customers, REPs or Other Providers, as the case may be; provided, however, that the Servicer may xxxx Other Providers less frequently in accordance with its current practices so long as the PUCT Regulations so permit and the number of retail Customers of any such Other Provider for whom such modified billing terms apply shall be less than 5,000 as of the end of the preceding calendar year. In the event that the Servicer makes any material modification to these practices, it shall notify the Issuer, the Indenture Trustee, and the Rating Agencies prior to the effectiveness of any such modification; provided, however, that the Servicer may not make any modification that will materially adversely affect the HoldersHolders as evidenced by an Officer’s Certificate of the Issuer.

Frequency of Bills; Billing Practices. In accordance with the Servicer's ’s then-existing Servicer Policies and Practices for its own charges, as such Servicer Policies and Practices may be modified from time to time, the Servicer shall generate and issue a Xxxx Bxxx to each Customer, or, where an Applicable REP or Other Provider, if any, is responsible for billing the Customers, to the Applicable REP or Other Provider, for such Customers' ’ Transition Charges once every applicable Billing Period, at the same time, with the same frequency and on the same Xxxx Bxxx as that containing the Servicer's ’s own charges to such Customers, REPs or Other Providers, as the case may be; provided, however, that the Servicer may xxxx bxxx Other Providers less frequently in accordance with its current practices so long as the PUCT Regulations so permit and the number of retail Customers of any such Other Provider for whom such modified billing terms apply shall be less than 5,000 as of the end of the preceding calendar year. In the event that the Servicer makes any material modification to these practices, it shall notify the Issuer, the Indenture Trustee, and the Rating Agencies prior to the effectiveness of any such modification; provided, however, that the Servicer may not make any modification that will materially adversely affect the Holders.

Frequency of Bills; Billing Practices. In accordance with the Servicer's ’s then-existing Servicer Policies and Practices for its own charges, as such Servicer Policies and Practices may be modified from time to time, the Servicer shall generate and issue a Xxxx to each Customer, or, where an the Applicable REP or Other Provider, if any, Provider is responsible for billing the Customers, to the Applicable REP or Other Provider, 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 ’s own charges to such Customers, REPs or Other Providers, as the case may be; provided, however, that the Servicer may xxxx Other Providers less frequently ANNEX 1 in accordance with its current practices so long as the PUCT Regulations so permit and the number of retail Customers of any such Other Provider for whom such modified billing terms apply shall be less than 5,000 as of the end of the preceding calendar year. In the event that the Servicer makes any material modification to these practices, it shall notify the Issuer, the Indenture Trustee, and the Rating Agencies prior to the effectiveness of any such modification; provided, however, that the Servicer may not make any modification that will materially adversely affect the Holders.

Frequency of Bills; Billing Practices. In accordance with the Servicer's ’s then-existing Servicer Policies and Practices for its own charges, as such Servicer Policies and Practices may be modified from time to time, the Servicer shall generate and issue a Xxxx Bxxx to each Customer, or, where an the Applicable REP or Other Provider, if any, Provider is responsible for billing the Customers, to the Applicable REP or Other Provider, for such Customers' ’ Transition Charges once every applicable Billing Period, at the same time, with the same frequency and on the same Xxxx Bxxx as that containing the Servicer's ’s own charges to such Customers, REPs or Other Providers, as the case may be; provided, however, that the Servicer may xxxx bxxx Other Providers less frequently ANNEX I in accordance with its current practices so long as the PUCT Regulations so permit and the number of retail Customers of any such Other Provider for whom such modified billing terms apply shall be less than 5,000 as of the end of the preceding calendar year. In the event that the Servicer makes any material modification to these practices, it shall notify the Issuer, the Indenture Trustee, and the Rating Agencies prior to the effectiveness of any such modification; provided, however, that the Servicer may not make any modification that will materially adversely affect the Holders.

Frequency of Bills; Billing Practices. In accordance with the Servicer's ’s then-existing Servicer Policies and Practices for its own charges, as such Servicer Policies and Practices may be modified from time to time, the Servicer shall generate and issue a Xxxx Bxxx to each Customer, or, where an the Applicable REP or Other Provider, if any, Provider is responsible for billing the Customers, to the Applicable REP or Other Provider, for such Customers' ’ Transition Charges once every applicable Billing Period, at the same time, with the same frequency and on the same Xxxx Bxxx as that containing the Servicer's ’s own charges to such Customers, REPs or Other Providers, as the case may be; provided, however, that the Servicer may xxxx bxxx Other Providers less frequently in accordance with its current practices so long as the PUCT Regulations so permit and the number of retail Customers of any such Other Provider for whom such modified billing terms apply shall be less than 5,000 as of the end of the preceding calendar year. In the event that the Servicer makes any material modification to these practices, it shall notify the Issuer, the Indenture Trustee, and the Rating Agencies prior to the effectiveness of any such modification; provided, however, that the Servicer may not make any modification that will materially adversely affect the Holders.

Frequency of Bills; Billing Practices. In accordance with the Servicer's ’s then-existing Servicer Policies and Practices for its own charges, as such Servicer Policies and Practices may be modified from time to time, the Servicer shall generate and issue a Xxxx to each Customer, or, where an the Applicable REP or Other Provider, if any, Provider is responsible for billing the Customers, to the Applicable REP or Other Provider, 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 ’s own charges to such Customers, REPs or Other Providers, as the case may be; provided, however, that the Servicer may xxxx Other Providers less frequently ANNEX I in accordance with its current practices so long as the PUCT Regulations so permit and the number of retail Customers of any such Other Provider for whom such modified billing terms apply shall be less than 5,000 as of the end of the preceding calendar year. In the event that the Servicer makes any material modification to these practices, it shall notify the Issuer, the Indenture Trustee, and the Rating Agencies prior to the effectiveness of any such modification; provided, however, that the Servicer may not make any modification that will materially adversely affect the Holders.