Common use of Duties of Servicer Generally Clause in Contracts

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Property; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Property; responding to inquiries by Consumers, the CPUC, or any federal, local or other state governmental authorities with respect to the Recovery Property; delivering Bills to Consumers and ESPs, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; and taking action in connection with True-Up Adjustments as set forth herein. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and xxxx calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Appears in 7 contracts

Samples: Recovery Property Servicing Agreement (PG&E Corp), Recovery Property Servicing Agreement (PG&E Wildfire Recovery Funding LLC), Recovery Property Servicing Agreement (PG&E Corp)

AutoNDA by SimpleDocs

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Property; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Property; responding to inquiries by Consumers, the CPUC, or any federal, local or other state governmental authorities with respect to the Recovery Property; delivering Bills to Consumers and ESPs, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; and taking action in connection with True-Up Adjustments as set forth herein. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&ESCE’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and xxxx calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Appears in 6 contracts

Samples: Recovery Property Servicing Agreement (SCE Recovery Funding LLC), Recovery Property Servicing Agreement (SCE Recovery Funding LLC), Recovery Property Servicing Agreement (SCE Recovery Funding LLC)

Duties of Servicer Generally. The Servicer’s duties in general shall include include: management, servicing and administration of the Recovery Securitization Property; obtaining meter reads, calculating electric usage, usage and billing, collections collecting and posting of all payments in respect of the Recovery PropertySecuritization Property or Securitization Charges; responding to inquiries by ConsumersCustomers, the CPUC, Commission or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery PropertySecuritization Property or Securitization Charges; delivering Bills to Consumers Customers; investigating and ESPshandling delinquencies (and furnishing reports with respect to such delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; making all filings with the Commission and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Indenture Trustee’s first priority Lien on the Securitization Property; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s Lien on all Securitization Bond Collateral; selling as the agent for the Issuer as its interests may appear defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Commission Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and xxxx calculation, billing, customer service functions, collections, posting, payment processing and remittance set forth in Annex I heretoExhibit A. Any processing and depositing of collections, as it may making of periodic remittances and furnishing of periodic reports set forth in this Section 3.01(a) shall be amended from time subject to time. For the avoidance provisions of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demandIntercreditor Agreement.

Appears in 6 contracts

Samples: Securitization Property Servicing Agreement (Consumers Energy Co), Securitization Property Servicing Agreement (Consumers Energy Co), Securitization Property Servicing Agreement (Consumers Energy Co)

Duties of Servicer Generally. (i) The Servicer’s duties in general shall include include: management, servicing and administration of the Storm Recovery Property; obtaining meter readscalculating consumption, calculating electric usagebilling the Storm Recovery Charges, billing, collections collecting the Storm Recovery Charges from Customers and posting of all payments in respect of the Recovery Property; collections, responding to inquiries by ConsumersCustomers, the CPUC, Commission or any federal, local or other state governmental authorities Governmental Authority with respect to the Storm Recovery PropertyProperty or Storm Recovery Charges; delivering Bills investigating and handling delinquencies (and furnishing reports with respect to Consumers and ESPssuch delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic and current reports to the Issuer, the Commission, the Indenture Trustee and the Rating Agencies; making all filings with the Commission and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Indenture Trustee’s first priority Lien on the Storm Recovery Property; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s Lien on all Storm Recovery Collateral; selling as the agent for the Issuer, as its interests may appear, defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Commission Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including without limitation, Regulation ABAB1, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a3.01(a)(i), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage consumption and xxxx bxxx calculation, billing, customer service functions, collections, posting, payment processing and remittance set forth in Annex I heretoExhibit A. Any processing and depositing of collections, as it may making of periodic remittances and furnishing of periodic reports set forth in this Section 3.01(a)(i) shall be amended from time subject to time. For the avoidance provisions of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demandIntercreditor Agreement.

Appears in 4 contracts

Samples: Recovery Property Servicing Agreement (Duke Energy Progress NC Storm Funding LLC), Recovery Property Servicing Agreement (Duke Energy Carolinas NC Storm Funding LLC), Recovery Property Servicing Agreement (Duke Energy Carolinas NC Storm Funding LLC)

Duties of Servicer Generally. The Servicer will manage, service, administer and make collections in respect of the Environmental Control Property. The Servicer’s duties in general shall will include management(i) calculating and billing the Environmental Control Charges, servicing collecting Environmental Control Charge Payments, and administration of remitting all Environmental Control Charge Collections to the Recovery PropertyIndenture Trustee; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Property; (ii) responding to inquiries by ConsumersCustomers, Third Parties, the CPUCPSCWV, or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery Environmental Control Property, including the Environmental Control Charges; delivering Bills to Consumers and ESPs(iii) accounting for Environmental Control Charge Collections, investigating delinquencies, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; remittances, furnishing periodic reports to the Issuer, the Indenture Trustee Trustee, the PSCWV and the Rating Agencies; (iv) selling defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; and (v) taking action in connection with True-Up Adjustments as according to the procedures set forth hereinherein and in Exhibit A hereto. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, applicable Requirements of Law as may be in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage usage, demand and xxxx calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I Exhibit A hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Appears in 4 contracts

Samples: Re: Servicing Agreement (PE Environmental Funding LLC), Control Property Servicing Agreement (MP Environmental Funding LLC), Re: Servicing Agreement (MP Environmental Funding LLC)

Duties of Servicer Generally. The Servicer’s duties in general shall include include: management, servicing and administration of the Recovery Securitization Property; obtaining meter reads, calculating electric usage, usage and billing, collections collecting and posting of all payments in respect of the Recovery PropertySecuritization Property or Securitization Charges; responding to inquiries by ConsumersCustomers, the CPUC, Commission or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery PropertySecuritization Property or Securitization Charges; delivering Bills to Consumers Customers; investigating and ESPshandling delinquencies (and furnishing reports with respect to such delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; making all filings with the Commission and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Indenture Trustee’s first priority Lien on the Securitization Property; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s Lien on all Securitization Bond Collateral; selling as the agent for the Issuer as its interests may appear defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by the Statute, any CPUC Commission Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and xxxx bill calculation, billing, customer service functions, collections, posting, payment processing and remittance set forth in Annex I heretoExhibit A. Any processing and depositing of collections, as it may making of periodic remittances and furnishing of periodic reports set forth in this Section 3.01(a) shall be amended from time subject to time. For the avoidance provisions of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demandIntercreditor Agreement.

Appears in 4 contracts

Samples: Securitization Property Servicing Agreement (Consumers 2023 Securitization Funding LLC), Securitization Property Servicing Agreement (Consumers 2023 Securitization Funding LLC), Securitization Property Servicing Agreement (Consumers 2023 Securitization Funding LLC)

Duties of Servicer Generally. (i) The Servicer’s duties in general shall include include: management, servicing and administration of the Recovery Series Property; obtaining meter readscalculating number of customers, calculating electric usageusage and demand, billingbilling the Series Charges, collections collecting the Series Charges from Customers and posting of all payments in respect of the Recovery Property; collections, responding to inquiries by ConsumersCustomers, the CPUC, Commission or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery PropertySeries Property or Series Charges; delivering Bills investigating and handling delinquencies (and furnishing reports with respect to Consumers and ESPssuch delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic and current reports to the Issuer, the Indenture Trustee and the Rating Agencies; making all filings with the Commission and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Indenture Trustee’s first priority Lien on the Series Property; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s Lien on all the Collateral; selling as the agent for the Issuer, as its interests may appear, defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Commission Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a3.01(a)(i), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage usage, demand, customer count and xxxx bill calculation, billing, customer service functions, collections, posting, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.Exhibit A.

Appears in 4 contracts

Samples: Energy Transition Property Servicing Agreement (PNM Energy Transition Bond Co I, LLC), Energy Transition Property Servicing Agreement (PNM Energy Transition Bond Co I, LLC), Energy Transition Property Servicing Agreement (PNM Energy Transition Bond Co I, LLC)

Duties of Servicer Generally. (i) The Servicer’s duties in general shall include include: management, servicing and administration of the Storm Recovery Property; obtaining meter readscalculating consumption, calculating electric usagebilling the Storm Recovery Charges, billing, collections collecting the Storm Recovery Charges from Customers and posting of all payments in respect of the Recovery Propertycollections; responding to inquiries by ConsumersCustomers, the CPUC, Commission or any federal, local or other state governmental authorities Governmental Authority with respect to the Storm Recovery PropertyProperty or Storm Recovery Charges; delivering Bills investigating and handling delinquencies (and furnishing reports with respect to Consumers and ESPs, such delinquencies to the Issuer); processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic and current reports to the Issuer, the Commission, the Indenture Trustee and the Rating Agencies; making all filings with the Commission and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Indenture Trustee’s first priority Lien on the Storm Recovery Property; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s Lien on all Storm Recovery Collateral; selling as the agent for the Issuer, as its interests may appear, defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Commission Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including without limitation, Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a3.01(a)(i), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage consumption and xxxx bill calculation, billing, customer service functions, collections, posting, payment processing and remittance set forth in Annex I heretoExhibit A. Any processing and depositing of collections, as it may making of periodic remittances and furnishing of periodic reports set forth in this Section 3.01(a)(i) shall be amended from time subject to time. For the avoidance provisions of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demandIntercreditor Agreement.

Appears in 4 contracts

Samples: Recovery Property Servicing Agreement (Duke Energy Progress SC Storm Funding LLC), Recovery Property Servicing Agreement (Duke Energy Progress SC Storm Funding LLC), Recovery Property Servicing Agreement (Duke Energy Progress SC Storm Funding LLC)

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Securitized Utility Tariff Property; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Securitized Utility Tariff Property; responding to inquiries by ConsumersCustomers, the CPUCMPSC, or any federal, local or other state governmental authorities with respect to the Recovery PropertySecuritized Utility Tariff Property or Securitized Utility Tariff Charges; delivering Bills investigating and handling delinquencies (and furnishing reports with respect to Consumers and ESPssuch delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; furnishing periodic reports and current reports to the Issuer, the Indenture Trustee and the Rating Agencies; collecting applicable sales, franchise and other similar taxes on the Securitized Utility Tariff Charges and remitting such taxes to the appropriate taxing authority on a timely basis; and taking action in connection with True-Up Adjustments as set forth herein. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified and limited in their entirety by any CPUC MPSC Regulations, the Securitization Law, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and xxxx bill calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Appears in 4 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)

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Transition Property; obtaining meter reads, calculating electric usageusage (including demand and including any such usage by Customers served by a REP), billing, collections and posting of all payments in respect of the Recovery Transition Property; responding to inquiries by ConsumersCustomers, REPs, the CPUCPUCT, or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery Transition Property; delivering Bills to Consumers Customers or REPs; investigating and ESPshandling delinquencies (and furnishing reports with respect to such delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; making all filings with the PUCT and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Indenture Trustee’s first priority Lien on and security interest in the Transition Property; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s Lien on and security interest in all System Restoration Bond Collateral; selling as the agent for the Issuer as its interests may appear defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC PUCT Regulations, the Financing Order Order, and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including without limitation, Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and xxxx calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references refers to both kilowatt hour consumption and kilowatt demand.

Appears in 3 contracts

Samples: Transition Property Servicing Agreement (AEP Texas Restoration Funding LLC), Transition Property Servicing Agreement (AEP Texas Restoration Funding LLC), Transition Property Servicing Agreement (AEP Texas Restoration Funding LLC)

Duties of Servicer Generally. The Servicer’s duties in general shall include include: management, servicing and administration of the Recovery Securitized Utility Tariff Property; obtaining meter readscalculating customer counts, calculating electric usagebilling the Securitized Utility Tariff Charges, billing, collecting the Securitized Utility Tariff Charges from Customers and remitting all collections and posting of all payments in respect of the Recovery Securitized Utility Tariff Property; responding to inquiries by ConsumersCustomers, the CPUCKansas Commission, or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery PropertySecuritized Utility Tariff Property or the Securitized Utility Tariff Charges; delivering Bills investigating and handling delinquencies (and furnishing reports with respect to Consumers and ESPssuch delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic and current reports to the Issuer, the Kansas Commission, the Indenture Trustee and the Rating Agencies; making all filings with the Kansas Commission and taking such other action as may be necessary to perfect the Issuer’s ownership interests in the Securitized Utility Tariff Property and the Indenture Trustee’s first priority Lien on the Securitized Utility Tariff Property and other portions of the Securitized Utility Tariff Collateral; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s Lien on all Securitized Utility Tariff Collateral; selling, as the agent for the Issuer, as its interests may appear, defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with the True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Kansas Commission Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including without limitation, Regulation ABAB and Rule 17g-5, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and customer xxxxxx, xxxx calculation, billing, customer service functions, collections, posting, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.I.

Appears in 3 contracts

Samples: Utility Tariff Property Servicing Agreement (Atmos Energy Kansas Securitization I, LLC), Utility Tariff Property Servicing Agreement (Atmos Energy Kansas Securitization I, LLC), Utility Tariff Property Servicing Agreement (Atmos Energy Kansas Securitization I, LLC)

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Property; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Property; responding to inquiries by Consumers, the CPUC, or any federal, local or other state governmental authorities with respect to the Recovery Property; delivering Bills to Consumers and ESPs, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; and taking action in connection with True-Up Adjustments as set forth herein. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&ESCE’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and xxxx bill calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Appears in 3 contracts

Samples: Recovery Property Servicing Agreement (SCE Recovery Funding LLC), Recovery Property Servicing Agreement (SCE Recovery Funding LLC), Recovery Property Servicing Agreement (SCE Recovery Funding LLC)

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Transition Property; obtaining meter reads, calculating electric usageusage (including demand and including any such usage by Customers served by a REP, when and if the Service Area becomes subject to retail competition), billing, collections and posting of all payments in respect of the Recovery Transition Property; responding to inquiries by ConsumersCustomers, REPs, the CPUCPUCT, or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery Transition Property; delivering Bills to Consumers Customers or REPs, if any; investigating and ESPshandling delinquencies (and furnishing reports with respect to such delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; making all filings with the PUCT and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Indenture Trustee’s first priority Lien on and security interest in the Transition Property; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s Lien on and security interest in all System Restoration Bond Collateral; selling as the agent for the Issuer as its interests may appear defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC PUCT Regulations, the Financing Order Order, and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including including, without limitation, Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and xxxx calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references refers to both kilowatt hour consumption and kilowatt demand.

Appears in 3 contracts

Samples: Transition Property Servicing Agreement (Entergy Texas, Inc.), Transition Property Servicing Agreement (Entergy Texas, Inc.), Transition Property Servicing Agreement (Entergy Texas, Inc.)

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Securitized Utility Tariff Property; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Securitized Utility Tariff Property; responding to inquiries by ConsumersCustomers, the CPUCMPSC, or any federal, local or other state governmental authorities with respect to the Recovery Securitized Utility Tariff Property; delivering Bills to Consumers and ESPsCustomers, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; collecting applicable sales, franchise and other similar taxes on the Securitized Utility Tariff Charges and remitting such taxes to the appropriate taxing authority on a timely basis; collecting Income Tax, included in the Securitized Utility Tariff Charge, that will be owed by the Liberty with respect to such Securitized Utility Tariff Charges and distributing such amounts to Liberty Utilities (America) Co. which will file the consolidated US income tax return on behalf of the consolidated group that includes Liberty; and taking action in connection with True-Up Adjustments as set forth herein. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC MPSC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and xxxx bill calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Appears in 3 contracts

Samples: Utility Tariff Property Servicing Agreement (Empire District Bondco, LLC), Utility Tariff Property Servicing Agreement (Empire District Bondco, LLC), Utility Tariff Property Servicing Agreement (Empire District Bondco, LLC)

Duties of Servicer Generally. (i) The Servicer’s duties in general shall include include: management, servicing and administration of the Recovery Securitization Property; obtaining meter reads, calculating electric usage, usage and billing, collections collecting and posting of all payments in respect of the Recovery PropertySecuritization Property or Securitization Charges; responding to inquiries by ConsumersCustomers, the CPUC, Commission or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery PropertySecuritization Property or Securitization Charges; delivering Bills to Consumers the Customers; investigating and ESPshandling delinquencies (and furnishing reports with respect to such delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; making all filings with the Commission and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Indenture Trustee’s first priority Lien on the Securitization Property; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s Lien on all Securitization Bond Collateral; selling as the agent for the Issuer, as its interests may appear, defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by the Statute, any CPUC Commission Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including including, without limitation, Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a3.01(a)(i), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and xxxx usage, bill calculation, billing, customer service functions, collections, posting, payment processing and remittance set forth in Annex I attached hereto. Any processing and depositing of collections, as it may making of periodic remittances and furnishing of periodic reports set forth in this Section 3.01(a) shall be amended from time subject to time. For the avoidance provisions of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demandIntercreditor Agreement.

Appears in 3 contracts

Samples: Securitization Property Servicing Agreement (DTE Electric Securitization Funding II LLC), Securitization Property Servicing Agreement (DTE Electric Securitization Funding II LLC), Securitization Property Servicing Agreement (DTE Electric Securitization Funding II LLC)

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Phase-In-Recovery Property; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Phase-In-Recovery PropertyProperty or Phase-In-Recovery Charges; responding to inquiries by ConsumersCustomers, the CPUCCommission, or any federal, local or other state governmental authorities Governmental Authority with respect to the Phase-In-Recovery PropertyProperty or Phase-In-Recovery Charges; delivering Bills to Consumers Customers; investigating and ESPshandling delinquencies (and furnishing reports with respect to such delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; making all filings with the Commission and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Indenture Trustee’s first priority Lien on and security interest in the Phase-In-Recovery Property; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s Lien on and security interest in all Phase-In-Recovery Bond Collateral; selling as the agent for the Issuer as its interests may appear defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Commission Regulations, the Financing Order Order, and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including without limitation, Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and xxxx bxxx calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references refers to both kilowatt kilowatt-hour consumption and kilowatt demand.

Appears in 3 contracts

Samples: Servicing Agreement (Ohio Phase-in-Recovery Funding LLC), Servicing Agreement (Ohio Phase-in-Recovery Funding LLC), Servicing Agreement (Ohio Phase-in-Recovery Funding LLC)

Duties of Servicer Generally. (i) The Servicer’s duties in general shall include include: management, servicing and administration of the Recovery Environmental Control Property; obtaining meter reads, calculating electric usage, usage and demand; billing, collections and posting of all payments in respect of the Recovery Environmental Control Property; responding to inquiries by ConsumersCustomers, the CPUC, PSCW or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery PropertyEnvironmental Control Property or Environmental Control Charges; delivering Bills to Consumers Customers; investigating and ESPshandling delinquencies (and furnishing reports with respect to such delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; making all filings with the PSCW and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Indenture Trustee’s first priority Lien on the Environmental Control Property; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s Lien on all Environmental Trust Bond Collateral; selling as the agent for the Issuer, as its interests may appear, defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC PSCW Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including including, without limitation, Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a3.01(a)(i), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage usage, demand and xxxx bxxx calculation, billing, customer service functions, collections, posting, payment processing and remittance set forth in Annex I attached hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Appears in 3 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)

Duties of Servicer Generally. The Servicer’s duties in general shall include include: management, servicing and administration of the Recovery Securitization Property; obtaining meter readscalculating electricity consumption, calculating electric usagebilling the Securitization Charges, billing, collecting the Securitization Charges from Customers and remitting all collections and posting of all payments in respect of the Recovery Securitization Property; responding to inquiries by ConsumersCustomers, the CPUCIndiana Commission, or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery PropertySecuritization Property or the Securitization Charges; delivering Bills investigating and handling delinquencies (and furnishing reports with respect to Consumers and ESPssuch delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic and current reports to the Issuer, the Indenture Indiana Commission, the Trustee and the Rating Agencies; making all filings with the Indiana Commission and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Trustee’s first priority Lien on the Securitization Property and other portions of the Trust Estate; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Trustee’s Lien on all of the Trust Estate; selling, as the agent for the Issuer, defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC applicable Indiana Commission Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including without limitation, Regulation ABAB and Rule 17g-5, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and xxxx bill calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.I.

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)

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery CRR Property; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery PropertyCRR Property or CRR Charges; responding to inquiries by ConsumersCustomers, the CPUCCommission, or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery PropertyCRR Property or CRR Charges; delivering Bills to Consumers Customers; investigating and ESPshandling delinquencies (and furnishing reports with respect to such delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; making all filings with the Commission and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Indenture Trustee’s first priority Lien on and security interest in the CRR Property; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s Lien on and security interest in all CRR Bond Collateral; selling as the agent for the Issuer as its interests may appear defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain ; ensuring that any and all tax surcharges or tax adjustments billed by it to Customers on account of the CRR Charges or which are otherwise included in CRR Charges are paid to the appropriate taxing authority; and performing such other duties set forth above as may be specified under the Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Commission Regulations, the Financing Order Order, and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including without limitation, Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and xxxx bxxx calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references refers to both kilowatt kilowatt-hour consumption and kilowatt demand.

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)

Duties of Servicer Generally. (i) The Servicer’s duties in general shall include include: management, servicing and administration of the Recovery Series Property; obtaining meter readscalculating consumption, calculating electric usagebilling the Series Charges, billing, collections collecting the Series Charges from Customers and posting of all payments in respect of the Recovery Property; collections, responding to inquiries by ConsumersCustomers, the CPUC, Commission or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery PropertySeries Property or Series Charges; delivering Bills investigating and handling delinquencies (and furnishing reports with respect to Consumers and ESPssuch delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic and current reports to the Issuer, the Commission, the Indenture Trustee and the Rating Agencies; making all filings with the Commission and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Indenture Trustee’s first priority Lien on the Series Property; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s Lien on all Series Collateral; selling as the agent for the Issuer, as its interests may appear, defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Commission Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a3.01(a)(i), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage consumption and xxxx calculation, billing, customer service functions, collections, posting, payment processing and remittance set forth in Annex I heretoExhibit A. Any processing and depositing of collections, as it may making of periodic remittances and furnishing of periodic reports set forth in this Section 3.01(a)(i) shall be amended from time subject to time. For the avoidance provisions of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demandIntercreditor Agreement.

Appears in 3 contracts

Samples: Property Servicing Agreement (Duke Energy Florida, Llc.), Property Servicing Agreement (Duke Energy Florida, Llc.), Property Servicing Agreement (Duke Energy Florida, Llc.)

AutoNDA by SimpleDocs

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Transition Property; obtaining meter reads, calculating electric usageusage (including demand and including any such usage by Customers served by a REP), billing, collections and posting of all payments in respect of the Recovery Transition Property; responding to inquiries by ConsumersCustomers, REPs, the CPUCPUCT, or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery Transition Property; delivering Bills to Consumers Customers or REPs; investigating and ESPshandling delinquencies (and furnishing reports with respect to such delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; making all filings with the PUCT and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Indenture Trustee’s first priority Lien on and security interest in the Transition Property; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s Lien on and security interest in all Transition Bond Collateral; selling as the agent for the Issuer as its interests may appear defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC PUCT Regulations, the Financing Order Order, and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including without limitation, Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and xxxx bxxx calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references refers to both kilowatt hour consumption and kilowatt demand.

Appears in 2 contracts

Samples: Servicing Agreement (AEP Transition Funding III LLC), Servicing Agreement (AEP Transition Funding III LLC)

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Property; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Property; responding to inquiries by Consumers, the CPUC, or any federal, local or other state governmental authorities with respect to the Recovery Property; delivering Bills to Consumers and ESPs, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; and taking action in connection with True-Up Adjustments as set forth herein. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and xxxx bill calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Appears in 2 contracts

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

Duties of Servicer Generally. The Servicer will manage, service, administer and make collections in respect of the Transferred Environmental Control Property. The Servicer’s duties in general shall will include management(i) calculating and billing the Environmental Control Charges, servicing collecting Environmental Control Charge Payments, and administration of remitting all Environmental Control Charge Collections to the Recovery PropertyIndenture Trustee; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Property; (ii) responding to inquiries by ConsumersCustomers, Third Parties, the CPUCPSCWV, or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery Transferred Environmental Control Property, including the Environmental Control Charges; delivering Bills to Consumers and ESPs(iii) accounting for Environmental Control Charge Collections, investigating delinquencies, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; remittances, furnishing periodic reports to the Issuer, the Indenture Trustee Trustee, the PSCWV and the Rating Agencies; (iv) selling defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; and (v) taking action in connection with True-Up Adjustments as according to the procedures set forth hereinherein and in Exhibit A hereto. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, applicable Requirements of Law as may be in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage usage, demand and xxxx bxxx calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I Exhibit A hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Appears in 1 contract

Samples: Servicing Agreement (MP Environmental Funding LLC)

Duties of Servicer Generally. The Servicer’s duties in general shall include include: management, servicing and administration of the Recovery Securitization Property; obtaining meter reads, calculating electric usage, usage and billing, collections collecting and posting of all payments in respect of the Recovery PropertySecuritization Property or Securitization Charges; responding to inquiries by ConsumersCustomers, the CPUC, Commission or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery PropertySecuritization Property or Securitization Charges; delivering Bills to Consumers Customers; investigating and ESPshandling delinquencies (and furnishing reports with respect to such delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; making all filings with the Commission and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Indenture Trustee’s first priority Lien on the Securitization Property; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s Lien on all Securitization Bond Collateral; selling as the agent for the Issuer as its interests may appear defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Commission Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and xxxx bill calculation, billing, customer service functions, collections, posting, payment processing and remittance set forth in Annex I heretoExhibit A. Any processing and depositing of collections, as it may making of periodic remittances and furnishing of periodic reports set forth in this Section 3.01(a) shall be amended from time subject to time. For the avoidance provisions of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demandIntercreditor Agreement.

Appears in 1 contract

Samples: Securitization Property Servicing Agreement (Consumers 2023 Securitization Funding LLC)

Duties of Servicer Generally. The Servicer’s duties in general Servicer shall include managementmanage, servicing service, administer and administration of the Recovery Property; obtaining meter reads, calculating electric usage, billing, make collections and posting of all payments in respect of the Recovery Transferred Bondable Transition Property. The Servicer's duties shall include: (i) obtaining meter readings, calculating and billing the Bondable Transition Bond Charge and collecting (from Customers or Third Parties, as applicable) all TBC Collections; (ii) responding to inquiries by ConsumersCustomers, Third Parties, the CPUCBPU, or any federal, state or local or other state governmental authorities with respect to the Recovery PropertyTransferred Bondable Transition Property and the Transition Bond Charge; delivering Bills to Consumers and ESPs(iii) accounting for TBC Collections, investigating delinquencies, processing and depositing collections all TBC Collections and making periodic remittances pursuant to the Financing Order thereof, and each Tariff; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; (iv) selling, as agent for the Issuer, defaulted or written-off accounts in accordance with the Servicer's usual and customary practices for accounts of its own electric service customers; and (v) taking such action in connection with True-Up Transition Bond Charge Adjustments as is set forth herein. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, foregoing the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating set forth in Exhibit A, which among other things relate to data acquisition, usage and xxxx bill calculation, billing, customer service functions, collections, payment pxxxxnt processing and remittance remittance. Anything to the contrary contained herein notwithstanding, the duties of the Servicer set forth in Annex I hereto, as it may this Agreement shall be amended from qualified in their entirety by any BPU Regulations in effect at the time such duties are to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demandbe performed.

Appears in 1 contract

Samples: Transition Property Servicing Agreement (Atlantic City Electric Transition Funding LLC)

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Property; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Property; responding to inquiries by Consumers, the CPUC, or any federal, local or other state governmental authorities with respect to the Recovery Property; delivering Bills to Consumers and ESPs, processing and depositing collections and making periodic remittances pursuant to the Wildfire Financing Law, the Financing Order and each Tariff; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; and taking action in connection with True-Up Adjustments as set forth herein. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and xxxx bill calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Appears in 1 contract

Samples: Servicing Agreement (PG&E Recovery Funding LLC)

Duties of Servicer Generally. The Servicer will manage, service, administer and make collections in respect of the Transferred Environmental Control Property. The Servicer’s duties in general shall will include management(i) calculating and billing the Environmental Control Charges, servicing collecting Environmental Control Charge Payments, and administration of the Recovery Propertyremitting all Environmental Control Charge Collections; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Property; (ii) responding to inquiries by ConsumersCustomers, Third Parties, the CPUCPSCWV, or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery Transferred Environmental Control Property, including the Environmental Control Charges; delivering Bills to Consumers and ESPs(iii) accounting for Environmental Control Charge Collections, investigating delinquencies, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; remittances, furnishing periodic reports to the Issuer, the Indenture Trustee Trustee, the PSCWV and the Rating Agencies; (iv) selling defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; and (v) taking action in connection with True-Up Adjustments as according to the procedures set forth hereinherein and in Exhibit A hereto. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, applicable Requirements of Law as may be in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage usage, demand and xxxx bxxx calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I Exhibit A hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Appears in 1 contract

Samples: Servicing Agreement (PE Environmental Funding LLC)

Duties of Servicer Generally. The Servicer will manage, service, administer and make collections in respect of the Transferred Environmental Control Property. The Servicer’s duties in general shall will include management(i) calculating and billing the Environmental Control Charges, servicing collecting Environmental Control Charge Payments, and administration of the Recovery Propertyremitting all Environmental Control Charge Collections; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Property; (ii) responding to inquiries by ConsumersCustomers, Third Parties, the CPUCPSCWV, or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery Transferred Environmental Control Property, including the Environmental Control Charges; delivering Bills to Consumers and ESPs(iii) accounting for Environmental Control Charge Collections, investigating delinquencies, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; remittances, furnishing periodic reports to the Issuer, the Indenture Trustee Trustee, the PSCWV and the Rating Agencies; (iv) selling defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; and (v) taking action in connection with True-Up Adjustments as according to the procedures set forth hereinherein and in Exhibit A hereto. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, applicable Requirements of Law as may be in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage usage, demand and xxxx calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I Exhibit A hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Appears in 1 contract

Samples: Re: Servicing Agreement (MP Environmental Funding LLC)

Duties of Servicer Generally. The Servicer’s 's duties in general shall include management, servicing and administration of the Recovery Transition Property; obtaining meter reads, calculating electric usageusage (including demand and including any such usage by Customers served by a REP), billing, collections and posting of all payments in respect of the Recovery Transition Property; responding to inquiries by ConsumersCustomers, REPs, the CPUCPUCT, or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery Transition Property; delivering Bills to Consumers Customers and ESPsREPs, investigating and handling delinquencies, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic reports to the Note Issuer, the Indenture Trustee and the Rating Agencies; making all filings with the PUCT as may be necessary to perfect the Note Issuer's ownership interests in and the Indenture Trustee's lien on the Transition Property, and taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of the duties set forth above may be performed by ESPs REPs pursuant to ESP REP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Agreements. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, PUCT Regulations as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and xxxx calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” usage when used herein includes references refers to both kilowatt hour consumption and kilowatt demand.

Appears in 1 contract

Samples: Transition Property Servicing Agreement (Central & South West Corp)

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Property; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Property; responding to inquiries by Consumers, the CPUC, or any federal, local or other state governmental authorities with respect to the Recovery Property; delivering Bills to Consumers and ESPs, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; and taking action in connection with True-Up Adjustments as set forth herein. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&EPacific Gas and Electric Company’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, Regulations as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, electric usage and xxxx bxxx calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Appears in 1 contract

Samples: Recovery Property Servicing Agreement (PG&E Energy Recovery Funding LLC)

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Property; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Property; responding to inquiries by Consumers, the CPUC, or any federal, local or other state governmental authorities with respect to the Recovery Property; delivering Bills to Consumers and ESPs, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; and taking action in connection with True-Up Adjustments as set forth herein. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&EPacific Gas and Electric Company’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, Regulations as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, electric usage and xxxx calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Appears in 1 contract

Samples: Recovery Property Servicing Agreement (PG&E Energy Recovery Funding LLC)

Duties of Servicer Generally. The Servicer will manage, service, administer and make collections in respect of the Transferred Environmental Control Property. The Servicer’s duties in general shall will include management(i) calculating and billing the Environmental Control Charges, servicing collecting Environmental Control Charge Payments, and administration of remitting all Environmental Control Charge Collections to the Recovery PropertyIndenture Trustee; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Property; (ii) responding to inquiries by ConsumersCustomers, Third Parties, the CPUCPSCWV, or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery Transferred Environmental Control Property, including the Environmental Control Charges; delivering Bills to Consumers and ESPs(iii) accounting for Environmental Control Charge Collections, investigating delinquencies, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; remittances, furnishing periodic reports to the Issuer, the Indenture Trustee Trustee, the PSCWV and the Rating Agencies; (iv) selling defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; and (v) taking action in connection with True-Up Adjustments as according to the procedures set forth hereinherein and in Exhibit A hereto. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, applicable Requirements of Law as may be in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage usage, demand and xxxx calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I Exhibit A hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Appears in 1 contract

Samples: Control Property Servicing Agreement (MP Environmental Funding LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.