Notice of Servicer Default. The Servicer shall deliver to the Issuer, the Indenture Trustee, the CPUC and the Rating Agencies, promptly after having obtained knowledge thereof, but in no event later than five (5) Business Days thereafter, written notice of any event which with the giving of notice or lapse of time, or both, would become a Servicer Default under Section 7.01.
Appears in 22 contracts
Sources: Recovery Property Servicing Agreement (SCE Recovery Funding LLC), Recovery Property Servicing Agreement (PACIFIC GAS & ELECTRIC Co), Recovery Property Servicing Agreement (PG&E Recovery Funding LLC)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, the Indenture Trustee, the CPUC Commission and the Rating Agencies, promptly after having obtained knowledge thereof, but in no event later than five (5) Business Days thereafter, written notice of any event which that, with the giving of notice or lapse of time, or both, would become a Servicer Default under Section 7.01.
Appears in 18 contracts
Sources: Storm Recovery Property Servicing Agreement (Duke Energy Carolinas SC Storm Funding LLC), Storm Recovery Property Servicing Agreement (Duke Energy Progress NC Storm Funding II LLC), Storm Recovery Property Servicing Agreement (Duke Energy Carolinas NC Storm Funding II LLC)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, the Indenture Trustee, the CPUC Trustee and the Rating Agencies, promptly after having obtained knowledge thereof, but in no event later than five (5) Business Days thereafter, written notice of any event which that, with the giving of notice or lapse of time, or both, would become a Servicer Default under Section 7.01.
Appears in 17 contracts
Sources: Deferred Fuel Cost Property Servicing Agreement (Virginia Power Fuel Securitization, LLC), Deferred Fuel Cost Property Servicing Agreement (Virginia Power Fuel Securitization, LLC), Deferred Fuel Cost Property Servicing Agreement (Virginia Power Fuel Securitization, LLC)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, the Indenture Trustee, the CPUC PUCT and the Rating Agencies, promptly after having obtained knowledge thereof, but in no event later than five (5) Business Days thereafter, written notice of any event which with the giving of notice or lapse of time, or both, would become a Servicer Default under Section 7.01.
Appears in 14 contracts
Sources: Transition Property Servicing Agreement (Entergy Texas, Inc.), Transition Property Servicing Agreement (Entergy Texas, Inc.), Transition Property Servicing Agreement (Entergy Texas, Inc.)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, the Indenture Trustee, the CPUC Trustee and the Rating Agencies, promptly after having obtained knowledge thereof, but in no event later than five (5) Business Days thereafter, written notice of any event which which, with the giving of notice or lapse of time, or both, would become a Servicer Default under Section 7.01.
Appears in 8 contracts
Sources: 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)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, the Indenture Trustee, the CPUC MPSC and the Rating Agencies, promptly after having obtained knowledge thereof, but in no event later than five (5) Business Days thereafter, written notice of any event which with the giving of notice or lapse of time, or both, would become a Servicer Default under Section 7.01.
Appears in 7 contracts
Sources: Intercreditor Agreement (Evergy Missouri West Storm Funding I, LLC), Securitized Utility Tariff Property Servicing Agreement (Evergy Missouri West Storm Funding I, LLC), Securitized Utility Tariff Property Servicing Agreement (Evergy Missouri West Storm Funding I, LLC)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, the Indenture Trustee, the CPUC Trustee and the Rating Agencies, promptly after having obtained knowledge thereof, but in no event later than five (5) 5 Business Days thereafter, written notice of any event which with the giving of notice or lapse of time, or both, would become a Servicer Default under Section 7.01.
Appears in 6 contracts
Sources: Storm Recovery Property Servicing Agreement, Storm Recovery Property Servicing Agreement (Entergy New Orleans Storm Recovery Funding I, L.L.C.), Storm Recovery Property Servicing Agreement (Entergy New Orleans Storm Recovery Funding I, L.L.C.)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, the Indenture Trustee, the CPUC Commission and the Rating Agencies, promptly after having obtained knowledge thereof, but in no event later than five (5) Business Days thereafter, written notice of any event which with the giving of notice or lapse of time, or both, would become a Servicer Default under Section 7.01.
Appears in 6 contracts
Sources: Property Servicing Agreement (Appalachian Consumer Rate Relief Funding LLC), Property Servicing Agreement (Appalachian Consumer Rate Relief Funding LLC), Property Servicing Agreement (Appalachian Consumer Rate Relief Funding LLC)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, the Indenture Trustee, the CPUC NYPSC and the Rating Agencies, promptly after having obtained knowledge thereof, but in no event later than five (5) Business Days thereafter, written notice of any event which with the giving of notice or lapse of time, or both, would become a Servicer Default under Section 7.01.
Appears in 6 contracts
Sources: Recovery Property Servicing Agreement (RG&E Storm Funding LLC), Recovery Property Servicing Agreement (NYSEG Storm Funding LLC), Recovery Property Servicing Agreement (RG&E Storm Funding LLC)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, the Indenture Trustee, the CPUC Commission and the Rating Agencies, promptly after having obtained knowledge thereof, but in no event later than five (5) Business Days thereafter, written notice of any event which which, with the giving of notice or lapse of time, or both, would become a Servicer Default under Section 7.01.
Appears in 4 contracts
Sources: Servicing Agreement (Kentucky Power Cost Recovery LLC), Servicing Agreement (Kentucky Power Cost Recovery LLC), Servicing Agreement (Kentucky Power Cost Recovery LLC)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, the Indenture Trustee, the CPUC MoPSC and the Rating Agencies, promptly after having obtained knowledge thereof, but in no event later than five (5) Business Days thereafter, written notice of any event which with the giving of notice or lapse of time, or both, would become a Servicer Default under Section 7.01.
Appears in 3 contracts
Sources: Securitized Utility Tariff Property Servicing Agreement (Ameren Missouri Securitization Funding I, LLC), Securitized Utility Tariff Property Servicing Agreement (Ameren Missouri Securitization Funding I, LLC), Securitized Utility Tariff Property Servicing Agreement (Ameren Missouri Securitization Funding I, LLC)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, to the Indenture Trustee, to the CPUC LPSC, and the to each Rating Agencies, Agency promptly after a Servicer Responsible Officer having obtained actual knowledge thereof, but in no event later than five (5) Servicer Business Days thereafter, written notice in an Officers’ Certificate of any event which or circumstance which, with the giving of notice or lapse the passage of time, or both, would become a Servicer Default under Section 7.01.
Appears in 3 contracts
Sources: Storm Recovery Property Servicing Agreement (SWEPCO Storm Recovery Funding LLC), Storm Recovery Property Servicing Agreement (SWEPCO Storm Recovery Funding LLC), Storm Recovery Property Servicing Agreement (SWEPCO Storm Recovery Funding LLC)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, the Indenture Trustee, the CPUC APSC and the Rating Agencies, promptly after having obtained knowledge thereof, but in no event later than five (5) Business Days thereafter, written notice of any event which with the giving of notice or lapse of time, or both, would become a Servicer Default under Section 7.01.
Appears in 3 contracts
Sources: Storm Recovery Property Servicing Agreement, Storm Recovery Property Servicing Agreement (Entergy Arkansas Restoration Funding, LLC), Storm Recovery Property Servicing Agreement (Entergy Arkansas Restoration Funding, LLC)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, the Indenture Trustee, the CPUC Trustee and the Rating Agencies, promptly after any of its Responsible Officers having obtained actual knowledge thereof, but in no event later than five (5) Servicer Business Days thereafter, written notice in an Officer’s Certificate of any event which with the giving of notice or lapse of time, or both, would become a Servicer Default under Section 7.017.01(b) or Section 7.01(c).
Appears in 3 contracts
Sources: Servicing Agreement (PSNH Funding LLC 3), Servicing Agreement (PSNH Funding LLC 3), Servicing Agreement
Notice of Servicer Default. The Servicer shall deliver to the Issuer, the Indenture Trustee, the CPUC Kansas Commission and the Rating Agencies, promptly after having obtained knowledge thereof, but in no event later than five (5) Business Days thereafter, written notice of any event which that, with the giving of notice or lapse of time, or both, would become a Servicer Default under Section 7.01.
Appears in 3 contracts
Sources: Securitized Utility Tariff Property Servicing Agreement (Atmos Energy Kansas Securitization I, LLC), Securitized Utility Tariff Property Servicing Agreement (Atmos Energy Kansas Securitization I, LLC), Securitized Utility Tariff Property Servicing Agreement (Atmos Energy Kansas Securitization I, LLC)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, the Indenture Trustee, the CPUC PSC and the Rating Agencies, promptly after having obtained knowledge thereof, but in no event later than five (5) Business Days thereafter, written notice of any event which with the giving of notice or lapse of time, or both, would become a Servicer Default under Section 7.01.
Appears in 2 contracts
Sources: Rate Stabilization Property Servicing Agreement (RSB Bondco LLC), Rate Stabilization Property Servicing Agreement (RSB Bondco LLC)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, the Indenture Trustee, the CPUC Commission, and the Rating AgenciesAgency, promptly after having obtained knowledge thereof, but in no event later than five (5) Business Days thereafter, written notice of any event which with the giving of notice or lapse of time, or both, would become a Servicer Default under Section 7.01.
Appears in 1 contract
Sources: Property Management & Real Estate