Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the PUCT, the Trustee and each Rating Agency in writing of any laws or PUCT Regulations, orders or directions hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
Appears in 7 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)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the PUCT, the Indenture Trustee and each the Rating Agency Agencies in writing of any laws Requirements of Law or PUCT Regulations, orders or directions Commission Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
Appears in 6 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)
Notification of Laws and Regulations. The Servicer shall immediately notify the IssuerIssuers, the PUCT, Bond Trustees and the Trustee and each Rating Agency Agencies in writing of any laws or PUCT Regulations, orders or directions PUC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
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)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the PUCT, the Trustee and each the Rating Agency Agencies in writing of any laws or PUCT Regulations, orders or directions BPU Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
Appears in 4 contracts
Samples: Servicing Agreement (Pse&g Transition Funding LLC), Transition Property Servicing Agreement (Atlantic City Electric Transition Funding LLC), Servicing Agreement (Pse&g Transition Funding LLC)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the PUCT, the each Trustee and each the Rating Agency Agencies in writing of any laws Requirements of Law or PUCT Regulations, orders or directions Commission Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
Appears in 3 contracts
Samples: Property Servicing Agreement (FPL Recovery Funding LLC), Florida Power & Light Co, FPL Recovery Funding LLC
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the PUCT, the Bond Trustee and each the Rating Agency Agencies in writing of any laws or PUCT Regulations, orders or directions PUC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
Appears in 3 contracts
Samples: Servicing Agreement (West Penn Power Co), Servicing Agreement (West Penn Funding LLC), Servicing Agreement (West Penn Funding LLC)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the PUCT, the Indenture Trustee and each the Rating Agency Agencies in writing of any laws Requirements of Law or PUCT Regulations, orders or directions PSCW Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Servicing Agreement.
Appears in 3 contracts
Samples: Control Property Servicing Agreement (WEPCo Environmental Trust Finance I, LLC), Control Property Servicing Agreement (WEPCo Environmental Trust Finance I, LLC), Servicing Agreement (WEPCo Environmental Trust Finance I, LLC)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the PUCT, the Trustee and each the Rating Agency Agencies in writing of any laws or PUCT Regulations, orders or directions BPU Regulations hereafter promulgated that have or will reasonably be likely to have a material adverse effect on the Servicer’s ability to perform its duties under this Servicing Agreement.
Appears in 2 contracts
Samples: Servicing Agreement (JCP&L Transition Funding II LLC), Servicing Agreement (JCP&L Transition Funding II LLC)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the PUCT, the Indenture Trustee and each the Rating Agency Agencies in writing of any laws or PUCT Regulations, orders or directions Requirements of Law hereafter promulgated or published that would reasonably be expected to have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
Appears in 2 contracts
Samples: Servicing Agreement (RSB Bondco LLC), Servicing Agreement (RSB Bondco LLC)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the PUCTBPU, the Trustee and each the Rating Agency Agencies in writing of any laws or PUCT Regulations, orders or directions BPU Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
Appears in 2 contracts
Samples: Transition Property Servicing Agreement (PSE&G Transition Funding II LLC), Transition Property Servicing Agreement (PSE&G Transition Funding II LLC)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the PUCT, the Trustee and each the Rating Agency Agencies in writing of any laws or PUCT Regulations, orders or directions BPU Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Servicing Agreement.
Appears in 2 contracts
Samples: Servicing Agreement (Jcp&l Transition Funding LLC), Servicing Agreement (Jcp&l Transition Funding LLC)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the PUCT, the Trustee and each Rating Agency in writing of any laws or PUCT Regulations, orders or directions hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
Appears in 2 contracts
Samples: Transition Property Servicing Agreement (CenterPoint Energy Transition Bond CO II, LLC), Transition Property Servicing Agreement (CenterPoint Energy Transition Bond CO II, LLC)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the PUCT, the Trustee and each the Rating Agency Agencies in writing of any laws or PUCT PUC Regulations, orders or directions hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
Appears in 2 contracts
Samples: Servicing Agreement (Pp&l Transition Bond Co Inc), Servicing Agreement (Pp&l Transition Bond Co Inc)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the PUCT, the Trustee and each the Rating Agency Agencies in writing of any laws or PUCT Regulations, orders or directions MPSC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under 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)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the PUCTIndenture Trustee and, the Trustee and each Rating Agency in writing of any laws Requirements of Law or PUCT Regulations, orders or directions Commission Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
Appears in 1 contract
Samples: Uplift Property Servicing Agreement
Notification of Laws and Regulations. The Servicer shall ------------------------------------ immediately notify the Issuer, the PUCT, the Bond Trustee and each the Rating Agency Agencies in writing of any laws or PUCT Regulations, orders or directions PUC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
Appears in 1 contract
Notification of Laws and Regulations. The Servicer shall ------------------------------------ immediately notify the Issuer, the PUCT, the Trustee and each Rating Agency in writing of any laws or PUCT Regulations, orders or directions hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
Appears in 1 contract
Samples: Transition Property Servicing Agreement (Reliant Energy Transition Bond Co LLC)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the PUCT, the Trustee and each Rating Agency in writing of any laws or PUCT Regulations, orders or directions hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
Appears in 1 contract
Samples: Transition Property Servicing Agreement (Reliant Energy Transition Bond Co LLC)
