Examples of BPU Regulations in a sentence
The failure of the Servicer to provide access to such information as a result of an obligation or applicable law (including BPU Regulations) prohibiting disclosure of information regarding customers shall not constitute a breach of this Section 3.09(b).
At least once each calendar month, the Servicer shall obtain usage measurements from the Applicable MDMA for each Customer; provided, however, that the Servicer may determine any Customer's usage on the basis of estimates in accordance with applicable BPU Regulations.
The Servicer shall immediately notify the Issuer, the Trustee and the Rating Agencies in writing of any laws or BPU Regulations hereafter promulgated that have a material adverse effect on the Servicer's ability to perform its duties under this Agreement.
A Person shall qualify as a successor Servicer only if (i) such Person is permitted to perform the duties of the Servicer pursuant to the Competition Act, the BPU Regulations, the BPU Financing Orders and this Agreement, (ii) the Rating Agency Condition has been satisfied with respect to such succession, and (iii) such Person enters into a servicing agreement with the Issuer having substantially the same provisions as this Agreement.
The Servicer shall not change the amount of or reschedule the due date of any scheduled payment of the Transition Bond Charge, except as contemplated in this Servicing Agreement or as required by law or court or BPU Regulations; provided, however, that the Servicer may take any of the foregoing actions to the extent that such action would be in accordance with customary billing and collection practices of the Servicer with respect to billing and collection activities that the Servicer conducts for itself.
Anything to the contrary contained herein notwithstanding, the duties of the Servicer set forth in this Agreement shall be qualified in their entirety by any BPU Regulations in effect at the time such duties are to be performed.
The Servicer shall obtain a calculation of each Customer’s usage (which may be based on data obtained from such Customer’s meter read or on usage estimates determined in accordance with applicable BPU Regulations) at least once each calendar month and shall determine therefrom each Customer’s individual charge relating to the Transition Bond Charge to be included on such Customer’s Xxxx pursuant to the Financing Order and BPU Regulations.
The Servicer shall not change the amount of or reschedule the due date of any scheduled payment of the BGS Transition Bond Charge, except as contemplated in this Agreement or as required by law or court or BPU Regulations; provided, however, that the Servicer may take any of the foregoing actions to the extent that such action would be in accordance with customary billing and collection practices of the Servicer with respect to billing and collection activities that it conducts for itself.
At least once each calendar month, the Servicer shall obtain usage measurements from the Applicable MDMA for each Customer; provided, however, that the Servicer may determine any Customer’s usage on the basis of estimates in accordance with applicable BPU Regulations.
The Servicer shall immediately notify the Issuer, the Trustee and the Rating Agencies in writing of any laws or BPU Regulations hereafter promulgated that have a material adverse effect on the Servicer's ability to perform its duties under this Servicing Agreement.