Common use of Frequency of Bills; Billing Practices Clause in Contracts

Frequency of Bills; Billing Practices. In accordance with the Servicer Policies and Practices, the Servicer shall generate and issue a ▇▇▇▇ to each Customer, or, in the case of a Customer who is being billed by a TPS, to the Applicable TPS, with respect to such Customer’s Billed RTC Charges. In the event that the Servicer makes any material modification to the Servicer Policies and Practices, it shall notify the Note Issuer, the Note Trustee, the Certificate Trustee and the Rating Agencies as soon as practicable, and in no event later than 60 Servicer Business Days after such modification goes into effect; provided, however, that the Servicer may not make any modification that will materially adversely affect the Certificateholders.

Appears in 3 contracts

Sources: Transition Property Servicing Agreement (BEC Funding II, LLC), Transition Property Servicing Agreement (CEC Funding, LLC), Transition Property Servicing Agreement (BEC Funding II, LLC)

Frequency of Bills; Billing Practices. In accordance with the Servicer Policies and Practices, the Servicer shall generate and issue a ▇▇Bill ▇▇ to each Customer, or, in the case of a Customer who is being billed by a TPS, to the Applicable TPS, with respect to such Customer’s 's Billed RTC Charges. In the event that the Servicer makes any material modification to the Servicer Policies and Practices, it shall notify the Note Issuer, the Note Trustee, the Certificate Trustee and the Rating Agencies as soon as practicable, and in no event later than 60 Servicer Business Days after such modification goes into effect; provided, however, that the Servicer may not make any modification that will materially adversely affect the Certificateholders.

Appears in 2 contracts

Sources: Transition Property Servicing Agreement (Bec Funding LLC), Transition Property Servicing Agreement (B E C Energy)

Frequency of Bills; Billing Practices. In accordance with the Servicer Policies and Practices, the Servicer shall generate and issue a ▇▇▇▇ to each Customer, or, in the case of a Customer who is being billed by a TPS, to the Applicable TPS, with respect to such Customer’s 's Billed RTC Charges. In the event that the Servicer makes any material modification to the Servicer Policies and Practices, it shall notify the Note Issuer, the Note Trustee, the Certificate Trustee and the Rating Agencies as soon as practicable, and in no event later than 60 Servicer Business Days after such modification goes into effect; provided, however, that the Servicer may not make any modification that will materially adversely affect the Certificateholders.

Appears in 2 contracts

Sources: Transition Property Servicing Agreement (Wmeco Funding LLC), Transition Property Servicing Agreement (Wmeco Funding LLC)

Frequency of Bills; Billing Practices. In accordance with the Servicer Policies and Practices, the Servicer shall generate and issue a ▇▇▇▇ to each Customer, or, in the case of a Customer who is being billed by a TPS, to the Applicable TPS, TPS with respect to such Customer’s Billed RTC RRB Charges. In the event that the Servicer makes any material modification to the Servicer Policies and Practices, it shall notify the Note Issuer, the Note Trustee, the Certificate Indenture Trustee and the Rating Agencies as soon as practicable, and in no event later than 60 Servicer Business Days after such modification goes into effect; provided, however, that the Servicer may not make any modification that will materially adversely affect the CertificateholdersHolders.

Appears in 2 contracts

Sources: Servicing Agreement (PSNH Funding LLC 3), Servicing Agreement (PSNH Funding LLC 3)

Frequency of Bills; Billing Practices. In accordance with the Servicer Policies and Practices, the Servicer shall generate and issue a B▇▇▇ to each Customer, or, in the case of a Customer who is being billed by a TPS, to the Applicable TPS, with respect to such Customer’s Billed RTC Charges. In the event that the Servicer makes any material modification to the Servicer Policies and Practices, it shall notify the Note Issuer, the Note Trustee, the Certificate Trustee and the Rating Agencies as soon as practicable, and in no event later than 60 Servicer Business Days after such modification goes into effect; provided, however, that the Servicer may not make any modification that will materially adversely affect the Certificateholders.

Appears in 1 contract

Sources: Transition Property Servicing Agreement (CEC Funding, LLC)

Frequency of Bills; Billing Practices. In accordance with the Servicer Policies and Practices, the Servicer shall generate and issue a ▇▇▇▇ Bill to each Customer, or, in the case of a Customer who is being billed bi▇▇▇▇ by a TPS, to the Applicable TPS, with respect to such Customer’s 's Billed RTC Charges. In the event that the Servicer makes any material modification to the Servicer Policies and Practices, it shall notify the Note Issuer, the Note Trustee, the Certificate Trustee and the Rating Agencies as soon as practicable, and in no event later than 60 Servicer Business Days after such modification goes into effect; provided, however, that the Servicer may not make any modification that will materially adversely affect the Certificateholders.

Appears in 1 contract

Sources: Transition Property Servicing Agreement (Northeast Utilities System)