Common use of Payment Date Statements Clause in Contracts

Payment Date Statements. At least three Business Days before each Payment Date for each Series of Transition Bonds, the Servicer will calculate the interest due on any floating rate Transition Bonds of such Series and will prepare and furnish to the First Issuer and the Bond Trustee a statement setting forth the amounts to be paid to Holders of Transition Bonds of such Series pursuant to Section 8.02(e) of the Indenture.

Appears in 3 contracts

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

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Payment Date Statements. At least three Business Days before each Payment Date for each Series of Transition Bonds, the Servicer will calculate the interest due on any floating rate Transition Bonds of such Series and will prepare and furnish to the First Issuer and the Bond Trustee a statement setting forth the amounts to be paid to Holders of Transition Bonds of such Series pursuant to Section 8.02(e8.02(d) of the Indenture.

Appears in 2 contracts

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

Payment Date Statements. At least three Business Days ----------------------- before each Payment Date for each Series of Transition Bonds, the Servicer will calculate the interest due on any floating rate Transition Bonds of such Series and will prepare and furnish to the First Issuer and the Bond Trustee a statement setting forth the amounts to be paid to Holders of Transition Bonds of such Series pursuant to Section 8.02(e8.02(d) of the Indenture, as well as all other amounts to be paid pursuant to Section 8.02(d) of the Indenture.

Appears in 1 contract

Samples: Servicing Agreement (West Penn Power Co)

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Payment Date Statements. At least three Business Days before each Payment Date for each Series of Transition Bonds, the Servicer will calculate the interest due on any floating rate Transition Bonds of such Series and will prepare and furnish to the First Issuer and the Bond Trustee a statement setting forth the amounts to be paid to Holders of Transition Bonds of such Series pursuant to Section 8.02(e8.02(d) of the Indenture., as well as all other amounts to be paid pursuant to Section 8.02(d) of the Indenture. 267

Appears in 1 contract

Samples: Servicing Agreement (West Penn Funding LLC)

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