Common use of Loss Calculations Clause in Contracts

Loss Calculations. Upon notice from the Seller, the Servicer shall perform the calculations specified in Sections 5.01(c)(ii)(x) and 5.01(c)(ii)(y) of the Sale Agreement in the manner specified in such Sections and notify the Issuer and the Bond Trustee thereof.

Appears in 4 contracts

Samples: Master Servicing Agreement (Peco Energy Transition Trust), Master Servicing Agreement (Peco Energy Transition Trust), Master Servicing Agreement (Peco Energy Transition Trust)

AutoNDA by SimpleDocs

Loss Calculations. Upon notice from the SellerSeller or the Transferor, the Servicer shall perform the calculations specified in Sections 5.01(c)(ii)(x) and 5.01(c)(ii)(y) of the Sale Agreement or the Transfer Agreement, respectively, in the manner specified in such Sections and notify the Issuer and the Bond Trustee thereof.

Appears in 2 contracts

Samples: Servicing Agreement (West Penn Funding LLC), Servicing Agreement (West Penn Power Co)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.