PUCO Regulations definition
Examples of PUCO Regulations in a sentence
A Person shall qualify as a successor Servicer only if (i) such Person is permitted under PUCO Regulations to perform the duties of the Servicer, (ii) the Rating Agency Condition shall have been satisfied and (iii) such Person enters into a servicing agreement with the Bond Issuer having substantially the same provisions as this Agreement.
After each revised Phase-In-Recovery Charge has gone into effect pursuant to a True-Up Adjustment, the Servicer shall, to the extent and in the manner and time frame required by applicable PUCO Regulations, if any, cause to be prepared and delivered to customers any required notices announcing such revised Phase-In-Recovery Charges.
Nothing in this Section 5.02(b) shall affect the obligation of the Servicer to observe any applicable law (including any PUCO Regulations) prohibiting disclosure of information regarding the Customers, and the failure of the Servicer to provide access to such information as a result of such obligation shall not constitute a breach of this Section 5.02(b).
The Servicer shall promptly notify the Bond Issuer, the Bond Trustee, the Certificate Trustee and the Rating Agencies in writing of any laws or PUCO Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
Applicable; [Servicer maintains deposit accounts in accordance with PUCO Regulations].
Notwithstanding anything to the contrary in this Agreement, the duties of the Servicer set forth in this Agreement shall be qualified in their entirety by any PUCO Regulations, the Financing Order and the federal securities laws and rules and regulations promulgated thereunder, including without limitation, Regulation AB, as in effect at the time such duties are to be performed.
In accordance with the Servicer Policies and Practices, the Servicer shall obtain usage measurements for each Customer; provided, however, that the Servicer may determine any Customer’s usage on the basis of estimates in accordance with applicable PUCO Regulations; and, provided, further, that the Servicer may obtain usage measurements from the Applicable TPB for Customers receiving meter reading services from such TPB if the applicable TPB Agreement so provides.
To the extent that ▇▇▇▇ format, structure and text are not prescribed by applicable law or by applicable PUCO Regulations, the Servicer shall, subject to clauses (i) and (ii) of this subsection (c), determine the format, structure and text of all Bills in accordance with its reasonable business judgment, the Servicer Policies and Practices and historical practice.
In the case of Customers that are billed by a TPB, the Servicer shall deliver all Bills to the Applicable TPBs by such means as are mutually agreed upon by the Servicer and the Applicable TPB in the TPB Agreement and which are consistent with the relevant order of the PUCO and with PUCO Regulations.
The Servicer shall accept payment from TPBs in respect of Billed Phase-In-Recovery Charges in such forms and methods and at such times and places as the Servicer and each TPB shall mutually agree in accordance with the Applicable TPB Agreement and applicable PUCO Regulations.