Common use of Payment Processing; Allocation; Priority of Payments Clause in Contracts

Payment Processing; Allocation; Priority of Payments. (i) The Servicer shall post all payments received to Customer accounts as promptly as practicable, and, in any event, substantially all payments shall be posted no later than three (3) Business Days after receipt.

Appears in 28 contracts

Samples: Intercreditor Agreement (Evergy Missouri West Storm Funding I, LLC), Servicing Agreement (Evergy Missouri West Storm Funding I, LLC), Servicing Agreement (Evergy Missouri West Storm Funding I, LLC)

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Payment Processing; Allocation; Priority of Payments. (i) The Servicer shall post all payments received to Customer accounts as promptly as practicable, and, in any event, substantially all payments shall be posted no later than three (3) two Servicer Business Days after receipt.

Appears in 25 contracts

Samples: Cost Property Servicing Agreement (Virginia Power Fuel Securitization, LLC), Cost Property Servicing Agreement (Virginia Power Fuel Securitization, LLC), Cost Property Servicing Agreement (Virginia Power Fuel Securitization, LLC)

Payment Processing; Allocation; Priority of Payments. (i) The Servicer shall post all payments received to Customer accounts as promptly as practicable, and, in any event, substantially all payments shall be posted no later than three (3) two Business Days after receipt.

Appears in 19 contracts

Samples: Servicing Agreement, Restructuring Property Servicing Agreement, Restructuring Property Servicing Agreement

Payment Processing; Allocation; Priority of Payments. (i) The Servicer shall post all payments received to Customer Consumer or ESP accounts as promptly as practicable, and, in any event, substantially all payments shall be posted no later than three (3) Business Days after receipt.

Appears in 15 contracts

Samples: Servicing Agreement (PG&E Recovery Funding LLC), Recovery Property Servicing Agreement (PACIFIC GAS & ELECTRIC Co), Recovery Property Servicing Agreement (PG&E Recovery Funding LLC)

Payment Processing; Allocation; Priority of Payments. (i) The Servicer shall post all payments received to Customer customer accounts as promptly as practicable, and, in any event, substantially all payments shall be posted no later than three two (32) Business Days after receipt.

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)

Payment Processing; Allocation; Priority of Payments. (i) The Servicer shall post all payments received to Customer accounts as promptly as practicable, and, in any event, substantially all payments shall be posted no later than three (3) 3 Business Days after receipt.

Appears in 6 contracts

Samples: Servicing Agreement (Entergy New Orleans Storm Recovery Funding I, L.L.C.), Servicing Agreement (Entergy New Orleans Storm Recovery Funding I, L.L.C.), Servicing Agreement (Entergy New Orleans Storm Recovery Funding I, L.L.C.)

Payment Processing; Allocation; Priority of Payments. (i) The Servicer shall post all payments received to Customer accounts as promptly as practicable, and, in any event, substantially all payments shall be posted no later than three (3) two Servicer Business Days after receipt.

Appears in 6 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)

Payment Processing; Allocation; Priority of Payments. (i) i. The Servicer shall post all payments received to Customer accounts as promptly as practicable, and, in any event, substantially all payments shall be posted no later than three (3) Servicer Business Days after receipt.

Appears in 4 contracts

Samples: Servicing Agreement (Cleco Power LLC), Recovery Property Servicing Agreement (Cleco Power LLC), Servicing Agreement (Cleco Power LLC)

Payment Processing; Allocation; Priority of Payments. (i) i. The Servicer shall post all payments received to Customer accounts as promptly as practicable, and, in any event, substantially all payments shall be posted no later than three five (35) Servicer Business Days after receipt.

Appears in 3 contracts

Samples: Securitization Property Servicing Agreement (SIGECO Securitization I, LLC), Securitization Property Servicing Agreement (SIGECO Securitization I, LLC), Securitization Property Servicing Agreement (SIGECO Securitization I, LLC)

Payment Processing; Allocation; Priority of Payments. (i) The Servicer shall post all payments received to Customer accounts as promptly as practicable, and, in any event, substantially all payments shall be posted no later than three two (32) Business Days after receipt.

Appears in 3 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)

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Payment Processing; Allocation; Priority of Payments. (i) i. The Servicer shall post all payments received to Customer accounts as promptly as practicable, and, in any event, substantially all payments shall be posted no later than three (3) Business Days after receipt.

Appears in 2 contracts

Samples: Property Servicing Agreement (Cleco Katrina/Rita Hurricane Recovery Funding LLC), Recovery Property Servicing Agreement (Cleco Katrina/Rita Hurricane Recovery Funding LLC)

Payment Processing; Allocation; Priority of Payments. (i) The Servicer shall post all payments received to Customer REP or other Third-Party Collector accounts as promptly as practicable, and, in any event, substantially all payments shall be posted no later than three (3) Business Days after receiptreceipt thereof.

Appears in 2 contracts

Samples: Transition Property Servicing Agreement (Oncor Electric Delivery Transition Bond Co LLC), Transition Property Servicing Agreement (Oncor Electric Delivery Transition Bond Co LLC)

Payment Processing; Allocation; Priority of Payments. (i) The Servicer shall post all payments received to Customer or ESP accounts as promptly as practicable, and, in any event, substantially all payments shall be posted no later than three (3) two Servicer Business Days after receipt.

Appears in 1 contract

Samples: Transition Property Servicing Agreement (Pg&e Funding LLC)

Payment Processing; Allocation; Priority of Payments. (i) The Servicer shall post all payments received to Customer accounts as promptly as practicable, and, in any event, substantially all payments shall be posted no later than three (3) ____ Servicer Business Days after receipt.

Appears in 1 contract

Samples: Transition Property Servicing Agreement (CPL Transition Funding LLC)

Payment Processing; Allocation; Priority of Payments. (i) The Servicer shall post all payments received to Customer and ESP accounts as promptly as practicable, and, in any event, substantially all payments shall be posted no later than three (3) two Servicer Business Days after receipt.

Appears in 1 contract

Samples: Transition Property Servicing Agreement (Sce Funding LLC)

Payment Processing; Allocation; Priority of Payments. (i) The Servicer shall post all payments received to Customer REP or other third-Party Collector accounts as promptly as practicable, and, in any event, substantially all payments shall be posted no later than three (3) Business Days after receiptreceipt thereof.

Appears in 1 contract

Samples: Transition Property Servicing Agreement (Txu Electric Delivery Transition Bond Co LLC)

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