Partial Collections. Upon a partial payment of amounts billed, after the application of late charges such partial payment shall be allocated ratably among the Storm Recovery Charge, any similar securitization charges, and DEC's other billed amounts, in proportion to their percentage of the overall bill.
Appears in 4 contracts
Sources: Storm Recovery Property Servicing Agreement (Duke Energy Carolinas SC Storm Funding LLC), Storm Recovery Property Servicing Agreement (Duke Energy Carolinas SC Storm Funding LLC), Storm Recovery Property Servicing Agreement (Duke Energy Carolinas SC Storm Funding LLC)