Schedule TC5 definition

Schedule TC5 means the tariff on the form entitled “Schedule TC5” approved by the PUCT in the Financing Order and filed by CenterPoint Houston prior to the issuance of any Transition Bonds.
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Examples of Schedule TC5 in a sentence

  • In any case, the Servicer shall enforce the obligations, and exercise its remedies against, each REP including any Provider of Last Resort, as permitted under the Financing Order and Schedule TC5.

  • The Servicer shall, in accordance with the terms of Schedule TC5, ensure that each REP remits all Transition Charges which it is obligated to remit to the Servicer.

  • The Servicer shall calculate any interim Transition Charge Adjustments to be requested between Calculation Dates to correct under-collection or over-collection of Transition Charges, as set forth in the Financing Order and Schedule TC5, in order to provide for the timely payment of the Transition Bonds.

  • The Servicer shall avail itself of such legal remedies as may be appropriate to collect any remaining unpaid Transition Charges and associated penalties due to the Servicer after application of the REP Deposit, in accordance with the Financing Order and Schedule TC5.

  • In accordance with the Financing Order and Schedule TC5, each REP will be permitted to hold back an allowance for charge-offs in its Transition Charge payments to the Servicer.

  • The Servicer shall enforce at the earliest possible date the obligations with respect to the Transition Charges of each REP and each other Person owing or collecting Transition Charges, provided that any REP shall be entitled to hold back from its payment of Transition Charges to the Servicer an allowance for charge-offs according to the procedure and calculations set forth in the Financing Order, Schedule TC5 and the Issuer Annex.