Common use of Duties of Servicer Generally Clause in Contracts

Duties of Servicer Generally. The Servicer will manage, service, administer and make collections in respect of the Charge. The Servicer’s duties will include: (i) obtaining meter reads, calculating electricity usage and billing the Charge in accordance with the Financing Order and collecting (from Customers and Third Parties, as applicable) all Charge Collections; (ii) responding to inquiries by Customers, Third Parties, the Authority, or any federal, local or other State governmental authority with respect to the Charge; (iii) delivering bills to customers and Third Parties, accounting for Charge Collections, investigating and resolving delinquencies, processing and depositing collections, making periodic remittances and furnishing periodic reports to the Bond Issuer, the Authority, the Bond Trustee and the Rating Agencies; (iv) selling, as the agent for the Bond Issuer, as its interest may appear, defaulted or written off accounts in accordance with the Servicer’s usual and customary practices for accounts of Customers for T&D Rates; (v) taking action in connection with True-Up Adjustments as is set forth herein. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Agreement shall be qualified in their entirety by the Statute, the Financing Order and any Authority 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 set forth in Annex 1 which, among other things, relate to data acquisition, usage and ▇▇▇▇ calculation, billing, customer service functions, collections, payment processing and remittance.

Duties of Servicer Generally. The Servicer will manage, service, administer and make collections in respect of the ChargeServiced Intangible Transition Property. The Servicer’s 's duties will include: include (i) obtaining meter reads, calculating electricity usage and billing the Charge in accordance with the Financing Order Intangible Transition Charges and collecting (from Customers and Third Parties, as applicable) and posting all Charge ITC Collections; ; (ii) responding to inquiries by Customers, Third Parties, the AuthorityPUC, or any federalFederal, local or other State state governmental authority authorities with respect to the Charge; Serviced Intangible Transition Property and Intangible Transition Charges; (iii) delivering bills to customers and Third Parties, accounting for Charge ITC Collections, investigating and resolving delinquencies, processing and depositing collections, collections and making periodic remittances and remittances, furnishing periodic reports to the Bond Issuer, the AuthorityIssuers, the Bond Trustee Trustees and the Rating Agencies; ; (iv) selling, as the agent for the Bond each Issuer, as its interest may appear, defaulted or written off accounts in accordance with the Servicer’s 's usual and customary practices for accounts of Customers for T&D Rates; practices; and (v) taking action in connection with True-Up Intangible Transition Charge Adjustments as is set forth herein. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Agreement shall be qualified in their entirety by the Statute, the Financing Order and any Authority Regulations, PUC 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 set forth in Annex 1 which, among other things, relate relating to data acquisition, usage and ▇▇▇▇ calculation, billing, customer service functions, collections, payment processing and remittanceremittance set forth in Exhibit A hereto.

Duties of Servicer Generally. The Servicer will shall manage, service, administer and make collections in respect of the ChargeTransferred Bondable Transition Property. The Servicer’s 's duties will shall include: : (i) obtaining meter readsreadings, calculating electricity usage and billing the Bondable Transition Bond Charge in accordance with the Financing Order and collecting (from Customers and or Third Parties, as applicable) all Charge TBC Collections; ; (ii) responding to inquiries by Customers, Third Parties, the AuthorityBPU, or any federal, state or local or other State governmental authority authorities with respect to the Transferred Bondable Transition Property and the Transition Bond Charge; ; (iii) delivering bills to customers and Third Parties, accounting for Charge TBC Collections, investigating and resolving delinquencies, processing all TBC Collections and depositing collections, making periodic remittances thereof, and furnishing periodic reports to the Bond Issuer, the Authority, the Bond Trustee and the Rating Agencies; ; (iv) selling, as the agent for the Bond Issuer, as its interest may appear, defaulted or written written-off accounts in accordance with the Servicer’s 's usual and customary practices for accounts of Customers for T&D Rates; its own electric service customers; and (v) taking such action in connection with True-Up Transition Bond Charge Adjustments as is set forth herein. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing the Servicer shall have, and shall comply with, the duties and responsibilities set forth in Exhibit A, which among other things relate to data acquisition, usage and bill calculation, billing, customer service functions, collections, p▇▇▇▇nt processing and remittance. Anything to the contrary contained herein notwithstanding, the duties of the Servicer set forth in this Agreement shall be qualified in their entirety by the Statute, the Financing Order and any Authority Regulations, as BPU Regulations 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 set forth in Annex 1 which, among other things, relate to data acquisition, usage and ▇▇▇▇ calculation, billing, customer service functions, collections, payment processing and remittance.

Duties of Servicer Generally. The Servicer will manageServicer's duties in general ----------------------------- shall include management, service, administer servicing and make collections in respect administration of the Charge. The Servicer’s duties will include: (i) Transition Property; obtaining meter reads, calculating electricity usage usage, billing, collections and billing posting of all payments in respect of the Charge in accordance with the Financing Order and collecting (from Customers and Third Parties, as applicable) all Charge Collections; (ii) Transition Property; responding to inquiries by Customers, Third Parties, the AuthorityCPUC, or any federal, local or other State state governmental authority authorities with respect to the Charge; (iii) Transition Property; delivering bills Bills to customers Customers and Third Parties, accounting for Charge Collections, investigating and resolving delinquenciesESPs, processing and depositing collections, collections and making periodic remittances and remittances; furnishing periodic reports to the Bond Note Issuer, the AuthorityNote Trustee, the Bond Trustee Certificate Trustee, the Infrastructure Bank and the Rating Agencies; (iv) selling, as the agent for the Bond Issuer, as its interest may appear, defaulted or written off accounts in accordance with the Servicer’s usual ; and customary practices for accounts of Customers for T&D Rates; (v) taking action in connection with True-Up Adjustments as is set forth herein. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Agreement shall be qualified in their entirety by the Statute, the Financing Order and any Authority Regulations, CPUC 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 set forth in Annex 1 which, among other things, relate relating to data acquisition, usage and ▇▇▇▇ calculation, billing, customer service functions, collections, payment processing and remittanceremittance set forth in Annex I hereto.

Duties of Servicer Generally. The Servicer will manageServicer's duties in general ---------------------------- shall include management, service, administer servicing and make collections in respect administration of the Charge. The Servicer’s duties will include: (i) Transition Property; obtaining meter reads, calculating electricity usage usage, billing, collections and billing posting of all payments in respect of the Charge in accordance with the Financing Order and collecting (from Customers and Third Parties, as applicable) all Charge Collections; (ii) Transition Property; responding to inquiries by Customers, Third Parties, the AuthorityCPUC, or any federal, local or other State state governmental authority authorities with respect to the Charge; (iii) Transition Property; delivering bills Bills to customers Customers and Third Parties, accounting for Charge CollectionsESPs, investigating and resolving delinquencies, processing and depositing collections, collections and making periodic remittances and remittances; furnishing periodic reports to the Bond Note Issuer, the AuthorityNote Trustee, the Bond Trustee Certificate Trustee, the Infrastructure Bank and the Rating Agencies; (iv) selling, as the agent for the Bond Issuer, as its interest may appear, defaulted or written off accounts in accordance with the Servicer’s usual ; and customary practices for accounts of Customers for T&D Rates; (v) taking action in connection with True-Up Adjustments as is set forth herein. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Agreement shall be qualified in their entirety by the Statute, the Financing Order and any Authority Regulations, CPUC 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 set forth in Annex 1 which, among other things, relate relating to data acquisition, usage and ▇▇▇▇ bill calculation, billing, customer service functions, collections, payment processing and remittanceremittance set forth in Annex I hereto.

Duties of Servicer Generally. The Servicer will manageServicer's duties in general ----------------------------- shall include management, service, administer servicing and make collections in respect administration of the Charge. The Servicer’s duties will include: (i) Transition Property; obtaining meter reads, calculating electricity usage usage, billing, collections and billing posting of all payments in respect of the Charge in accordance with the Financing Order and collecting (from Customers and Third Parties, as applicable) all Charge Collections; (ii) Transition Property; responding to inquiries by Customers, Third Parties, the AuthorityCPUC, or any federal, local or other State state governmental authority authorities with respect to the Charge; (iii) Transition Property; delivering bills Bills to customers Customers and Third Parties, accounting for Charge CollectionsESPs, investigating and resolving delinquencies, processing and depositing collections, collections and making periodic remittances and remittances; furnishing periodic reports to the Bond Note Issuer, the AuthorityNote Trustee, the Bond Trustee Certificate Trustee, the Infrastructure Bank and the Rating Agencies; (iv) selling, as the agent for the Bond Issuer, as its interest may appear, defaulted or written off accounts in accordance with the Servicer’s usual ; and customary practices for accounts of Customers for T&D Rates; (v) taking action in connection with True-Up Adjustments as is set forth herein. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Agreement shall be qualified in their entirety by the Statute, the Financing Order and any Authority Regulations, CPUC 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 set forth in Annex 1 which, among other things, relate relating to data acquisition, usage and ▇▇▇▇ calculation, billing, customer service functions, collections, payment processing and remittanceremittance set forth in Annex I hereto.

Duties of Servicer Generally. The Servicer will manage, service, administer and make collections in respect of the BGS Transition Bond Charge. The Servicer’s 's duties will include: (i) obtaining meter reads, calculating electricity usage and billing the BGS Transition Bond Charge in accordance with the Financing Order and collecting (from Customers and Third Parties, as applicable) all Charge TBC Collections; (ii) responding to inquiries by Customers, Third Parties, the AuthorityBPU, or any federal, local or other State governmental authority with respect to the BGS Transition Bond Charge; (iii) delivering bills to customers and Third Parties, accounting for Charge TBC Collections, investigating and resolving delinquencies, processing and depositing collections, making periodic remittances and furnishing periodic reports to the Bond Issuer, the AuthorityBPU, the Bond Trustee and the Rating Agencies; (iv) selling, as the agent for the Bond Issuer, as its interest may appear, defaulted or written off accounts in accordance with the Servicer’s 's usual and customary practices for accounts of Customers for T&D Rates;its own electric service customers; and (v) taking action in connection with True-Up BGS Transition Bond Charge Adjustments as is set forth herein. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Agreement shall be qualified in their entirety by the StatuteCompetition Act, the Financing Order and any Authority BPU 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 set forth in Annex 1 which, among other things, relate to data acquisition, usage and ▇▇▇▇ bill calculation, billing, customer service functions, collectionsco▇▇▇▇tions, payment processing and remittance.

Duties of Servicer Generally. The Servicer will manage, service, administer and make collections in respect of the Charge. The Servicer’s duties will include: (i) obtaining meter reads, calculating electricity usage and billing the Charge in accordance with the Financing Order and collecting (from Customers and Third Parties, as applicable) all Charge Collections; (ii) responding to inquiries by Customers, Third Parties, the Authority, or any federal, local or other State governmental authority with respect to the Charge; (iii) delivering bills to customers and Third Parties, accounting for Charge Collections, investigating and resolving delinquencies, processing and depositing collections, making periodic remittances and furnishing periodic reports to the Bond Issuer, the Authority, the Bond Trustee and the Rating Agencies; (iv) selling, as the agent for the Bond Issuer, as its interest may appear, defaulted or written off accounts in accordance with the Servicer’s usual and customary practices for accounts of Customers for T&D Rates;; and (v) taking action in connection with True-Up Adjustments as is set forth herein. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Agreement shall be qualified in their entirety by the Statute, the Financing Order and any Authority 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 set forth in Annex 1 which, among other things, relate to data acquisition, usage and ▇▇▇▇ bill calculation, billing, customer service functions, collections, payment processing and remittance.

Duties of Servicer Generally. The Servicer will manage, service, administer and make collections in respect of the Transition Bond Charge. The Servicer’s 's duties will include: (i) obtaining meter reads, calculating electricity usage and billing the Transition Bond Charge in accordance with the Financing Order and collecting (the Transition Bond Charge from Customers and Third Parties, as applicable) all Charge Collections; (ii) responding to inquiries by Customers, Third Parties, the AuthorityBPU, or any federal, local or other State state governmental authority with respect to the Transition Bond Charge; (iii) delivering bills or arranging for the delivery of bills to customers Customers and Third Parties, accounting for Charge TBC Collections, investigating and resolving delinquencies, processing and depositing collections, making periodic remittances and furnishing periodic reports to the Bond Issuer, the Authority, the Bond Trustee and the Rating Agencies; (iv) selling, as the agent for the Bond Issuer, as its interest may appear, defaulted or written off accounts in accordance with the Servicer’s 's usual and customary practices for accounts of Customers for T&D Rates;its own electric service customers; and (v) taking action in connection with True-Up Transition Bond Charge Adjustments as is set forth herein. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by the StatuteCompetition Act and any other law effective in New Jersey, the Financing Order and any Authority BPU 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 procedures, duties and responsibilities set forth in Annex 1 Exhibit A hereto which, among other things, relate to data acquisition, usage and ▇▇▇▇ bill calculation, billing, customer service functions, collections, payment ▇▇yment processing and remittance.

Duties of Servicer Generally. The Servicer will manage, service, administer and make collections in respect of the BGS Transition Bond Charge. The Servicer’s 's duties will include: (i) obtaining meter reads, calculating electricity usage and billing the BGS Transition Bond Charge in accordance with the Financing Order and collecting (from Customers and Third Parties, as applicable) all Charge TBC Collections; (ii) responding to inquiries by Customers, Third Parties, the AuthorityBPU, or any federal, local or other State governmental authority with respect to the BGS Transition Bond Charge; (iii) delivering bills to customers and Third Parties, accounting for Charge TBC Collections, investigating and resolving delinquencies, processing and depositing collections, making periodic remittances and furnishing periodic reports to the Bond Issuer, the AuthorityBPU, the Bond Trustee and the Rating Agencies; (iv) selling, as the agent for the Bond Issuer, as its interest may appear, defaulted or written off accounts in accordance with the Servicer’s 's usual and customary practices for accounts of Customers for T&D Rates;its own electric service customers; and (v) taking action in connection with True-Up BGS Transition Bond Charge Adjustments as is set forth herein. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Agreement shall be qualified in their entirety by the StatuteCompetition Act, the Financing Order and any Authority BPU 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 set forth in Annex 1 which, among other things, relate to data acquisition, usage and ▇▇▇▇ bill calculation, billing, customer service functions, collectionscoll▇▇▇▇ons, payment processing and remittance.

Duties of Servicer Generally. The Servicer will shall manage, service, administer and make collections in respect of the ChargeTransferred Bondable Transition Property. The Servicer’s 's duties will shall include: : (i) obtaining meter readsreadings, calculating electricity usage and billing the Bondable Transition Bond Charge in accordance with the Financing Order and collecting (from Customers and or Third Parties, as applicable) all Charge TBC Collections; ; (ii) responding to inquiries by Customers, Third Parties, the AuthorityBPU, or any federal, state or local or other State governmental authority authorities with respect to the Transferred Bondable Transition Property and the Transition Bond Charge; ; (iii) delivering bills to customers and Third Parties, accounting for Charge TBC Collections, investigating and resolving delinquencies, processing all TBC Collections and depositing collections, making periodic remittances thereof, and furnishing periodic reports to the Bond Issuer, the Authority, the Bond Trustee and the Rating Agencies; ; (iv) selling, as the agent for the Bond Issuer, as its interest may appear, defaulted or written written-off accounts in accordance with the Servicer’s 's usual and customary practices for accounts of Customers for T&D Rates; its own electric service customers; and (v) taking such action in connection with True-Up Transition Bond Charge Adjustments as is set forth herein. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing the Servicer shall have, and shall comply with, the duties and responsibilities set forth in Exhibit A, which among other things relate to data acquisition, usage and bill calculation, billing, customer service functions, collections, ▇▇yment processing and remittance. Anything to the contrary contained herein notwithstanding, the duties of the Servicer set forth in this Agreement shall be qualified in their entirety by the Statute, the Financing Order and any Authority Regulations, as BPU Regulations 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 set forth in Annex 1 which, among other things, relate to data acquisition, usage and ▇▇▇▇ calculation, billing, customer service functions, collections, payment processing and remittance.

Duties of Servicer Generally. The Servicer will manage, service, administer and make collections in respect of the Transition Bond Charge. The Servicer’s 's duties will include: (i) obtaining meter reads, calculating electricity usage and billing the Transition Bond Charge in accordance with the Financing Order and collecting (from Customers and Third Parties, as applicable) all Charge TBC Collections; (ii) responding to inquiries by Customers, Third Parties, the AuthorityBPU, or any federal, local or other State governmental authority with respect to the Transition Bond Charge; (iii) delivering bills to customers and Third Parties, accounting for Charge TBC Collections, investigating and resolving delinquencies, processing and depositing collections, making periodic remittances and furnishing periodic reports to the Bond Issuer, the Authority, the Bond Trustee and the Rating Agencies; (iv) selling, as the agent for the Bond Issuer, as its interest may appear, defaulted or written off accounts in accordance with the Servicer’s 's usual and customary practices for accounts of Customers for T&D Rates;its own electric service customers; and (v) taking action in connection with True-Up Transition Bond Charge Adjustments as is set forth herein. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Agreement shall be qualified in their entirety by the StatuteCompetition Act, the Financing Order and any Authority BPU 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 set forth in Annex 1 which, among other things, relate to data acquisition, usage and ▇▇▇▇ calculation, billing, customer service functions, collections, payment processing and remittance.

Duties of Servicer Generally. The Servicer will manage, service, administer and make collections in respect of the Transition Bond Charge. The Servicer’s 's duties will include: (i) obtaining meter reads, calculating electricity usage and billing the Transition Bond Charge in accordance with the Financing Order and collecting (the Transition Bond Charge from Customers and Third Parties, as applicable) all Charge Collections; (ii) responding to inquiries by Customers, Third Parties, the AuthorityBPU, or any federal, local or other State state governmental authority with respect to the Transition Bond Charge; (iii) delivering bills or arranging for the delivery of bills to customers Customers and Third Parties, accounting for Charge TBC Collections, investigating and resolving delinquencies, processing and depositing collections, making periodic remittances and furnishing periodic reports to the Bond Issuer, the Authority, the Bond Trustee and the Rating Agencies; (iv) selling, as the agent for the Bond Issuer, as its interest may appear, defaulted or written off accounts in accordance with the Servicer’s 's usual and customary practices for accounts of Customers for T&D Rates;its own electric service customers; and (v) taking action in connection with True-Up Transition Bond Charge Adjustments as is set forth herein. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by the StatuteCompetition Act and any other law effective in New Jersey, the Financing Order and any Authority BPU 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 procedures, duties and responsibilities set forth in Annex 1 Exhibit A hereto which, among other things, relate to data acquisition, usage and ▇▇▇▇ bill calculation, billing, customer service functions, collections, payment ▇▇▇ment processing and remittance.

Duties of Servicer Generally. The Servicer will manage, service, administer and make collections in respect of the Transition Bond Charge. The Servicer’s 's duties will include: (i) obtaining meter reads, calculating electricity usage and billing the Transition Bond Charge in accordance with the Financing Order and collecting (from Customers and Third Parties, as applicable) all Charge TBC Collections; (ii) responding to inquiries by Customers, Third Parties, the AuthorityBPU, or any federal, local or other State governmental authority with respect to the Transition Bond Charge; (iii) delivering bills to customers and Third Parties, accounting for Charge TBC Collections, investigating and resolving delinquencies, processing and depositing collections, making periodic remittances and furnishing periodic reports to the Bond Issuer, the Authority, the Bond Trustee and the Rating Agencies; (iv) selling, as the agent for the Bond Issuer, as its interest may appear, defaulted or written off accounts in accordance with the Servicer’s 's usual and customary practices for accounts of Customers for T&D Rates;its own electric service customers; and (v) taking action in connection with True-Up Transition Bond Charge Adjustments as is set forth herein. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Agreement shall be qualified in their entirety by the StatuteCompetition Act, the Financing Order and any Authority BPU 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 set forth in Annex 1 which, among other things, relate to data acquisition, usage and ▇▇▇▇ calculation, billing, customer service functions, collections, payment processing and remittance.