Payment Processing; Allocation; Priority of Payments. The Servicer shall post all payments received to customer or TPS accounts as promptly as practicable, and, in any event, substantially all payments shall be posted no later than one Servicer Business Day after receipt.
Appears in 8 contracts
Samples: Servicing Agreement (PSNH Funding LLC 2), Servicing Agreement (Northeast Utilities System), Transition Property Servicing Agreement (Cl&p Funding LLC)
Payment Processing; Allocation; Priority of Payments. The Servicer shall post all payments received to customer Customer or TPS TPB accounts as promptly as practicable, and, in any event, substantially all payments shall be posted no later than one two Servicer Business Day Days after receipt.
Appears in 3 contracts
Samples: Servicing Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013), Servicing Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013), Servicing Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013)
Payment Processing; Allocation; Priority of Payments. The Servicer shall post all payments received to customer Customer or TPS accounts as promptly as practicable, and, in any event, substantially all payments shall be posted no later than one Servicer Business Day after receipt.
Appears in 2 contracts
Samples: Transition Property Servicing Agreement (Wmeco Funding LLC), Transition Property Servicing Agreement (Wmeco Funding LLC)
Payment Processing; Allocation; Priority of Payments. The Servicer ---------------------------------------------------- shall post all payments received to customer or TPS accounts as promptly as practicable, and, in any event, substantially all payments shall be posted no later than one Servicer Business Day after receipt.
Appears in 1 contract
