Notice of Servicer Default. The Servicer shall deliver to the Issuer, to the Trustee, to the PUCT, and to each Rating Agency promptly after having obtained actual knowledge thereof, but in no event later than two Business Days thereafter, written notice in an Officers’ Certificate of any event or circumstance which, with the giving of notice or the passage of time, would become a Servicer Default under Section 7.01.
Appears in 7 contracts
Sources: Transition Property Servicing Agreement, Transition Property Servicing Agreement (CenterPoint Energy Transition Bond Co IV, LLC), Transition Property Servicing Agreement (CenterPoint Energy Transition Bond Co IV, LLC)
Notice of Servicer Default. The Servicer shall deliver to the Grantee, the Note Issuer, to the TrusteeIndenture Trustee and the Rating Agencies, to the PUCT, and to each Rating Agency promptly after having obtained actual knowledge thereof, but in no event later than two five Business Days thereafter, written notice in an Officers’ Officer's Certificate of any event or circumstance which, which with the giving of notice or the passage lapse of time, or both, would become a Servicer Default under Section 7.017.01(a) or (b).
Appears in 6 contracts
Sources: Intangible Transition Property Servicing Agreement (Comed Funding LLC), Servicing Agreement (Comed Funding LLC), Intangible Transition Property Servicing Agreement (Illinois Power Securitization Limited Liability Co)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, to the Trustee, to the PUCTLPSC, and to each Rating Agency promptly after having obtained actual knowledge thereof, but in no event later than two Servicer Business Days thereafter, written notice in an Officers’ Certificate of any event or circumstance which, with the giving of notice or the passage of time, would become a Servicer Default under Section 7.01.
Appears in 4 contracts
Sources: Storm Recovery Property Servicing Agreement (Cleco Power LLC), Storm Recovery Property Servicing Agreement (Cleco Power LLC), Storm Recovery Property Servicing Agreement (Cleco Power LLC)
Notice of Servicer Default. The Servicer shall deliver to the Note Issuer, to the Note Trustee, to the PUCTCertificate Trustee, the Certificate Issuer, the Agencies and to each the Rating Agency Agencies, promptly after having obtained actual knowledge thereof, but in no event later than two five Servicer Business Days thereafter, written notice in an Officers’ Certificate of any event or circumstance which, which with the giving of notice or the passage lapse of time, or both, would become a Servicer Default under Section 7.017.01(a) or (b).
Appears in 4 contracts
Sources: Transition Property Servicing Agreement (BEC Funding II, LLC), Transition Property Servicing Agreement (CEC Funding, LLC), Transition Property Servicing Agreement (CEC Funding, LLC)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, to the Trustee, to the PUCT, and to each Rating Agency promptly after having obtained actual knowledge thereof, but in no event later than two five (5) Servicer Business Days thereafter, written notice in an Officers’ Certificate of any event or circumstance which, with the giving of notice or the passage of time, would become a Servicer Default under Section 7.01.
Appears in 4 contracts
Sources: Energy Transition Property Servicing Agreement (Cleco Securitization II LLC), Energy Transition Property Servicing Agreement (Cleco Securitization II LLC), Energy Transition Property Servicing Agreement (Cleco Power LLC)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, to the TrusteeTrustee and the Rating Agencies, to the PUCT, and to each Rating Agency promptly after any of its Responsible Officers having obtained actual knowledge thereof, but in no event later than two five Business Days thereafter, written notice in an Officers’ ' Certificate of any event or circumstance which, which with the giving of notice or the passage lapse of time, or both, would become a Servicer Default under Section 7.017.01(a) or Section 7.01(b).
Appears in 4 contracts
Sources: Servicing Agreement (PSNH Funding LLC 2), Servicing Agreement (Northeast Utilities System), Servicing Agreement (PSNH Funding LLC)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, to the Trustee, to the PUCT, Trustee and to each Rating Agency promptly after having obtained actual knowledge thereof, but in no event later than two five (5) Servicer Business Days thereafter, written notice in an Officers’ Certificate of any event or circumstance which, with the giving of notice or the passage of time, would become a Servicer Default under Section 7.01.
Appears in 4 contracts
Sources: System Restoration Property Servicing Agreement (Centerpoint Energy Houston Electric LLC), System Restoration Property Servicing Agreement (Centerpoint Energy Houston Electric LLC), System Restoration Property Servicing Agreement (Centerpoint Energy Houston Electric LLC)
Notice of Servicer Default. The Servicer shall deliver --------------------------- to the Note Issuer, to the Note Trustee, to the PUCTInfrastructure Bank and the Rating Agencies, and to each Rating Agency promptly after having obtained actual knowledge thereof, but in no event later than two five Business Days thereafter, written notice in an Officers’ ' Certificate of any event or circumstance which, which with the giving of notice or the passage lapse of time, or both, would become a Servicer Default under Section 7.017.01(a) or (b).
Appears in 3 contracts
Sources: Transition Property Servicing Agreement (Pg&e Funding LLC), Transition Property Servicing Agreement (Sce Funding LLC), Transition Property Servicing Agreement (Sdg&e Funding LLC a De Limited Liability Co)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, to the Trustee, to the PUCT, and to each Rating Agency promptly after having obtained actual knowledge thereof, but in no event later than two Business Days thereafter, written notice in an Officers’ ' Certificate of any event or circumstance which, with the giving of notice or the passage of time, would become a Servicer Default under Section 7.016.01.
Appears in 3 contracts
Sources: Transition Property Servicing Agreement (Reliant Energy Transition Bond Co LLC), Transition Property Servicing Agreement (CenterPoint Energy Transition Bond CO II, LLC), Transition Property Servicing Agreement (CenterPoint Energy Transition Bond CO II, LLC)
Notice of Servicer Default. The Servicer shall deliver to the Note Issuer, to the Note Trustee, to the PUCTCertificate Trustee, the Certificate Issuer, the Agencies and to each the Rating Agency Agencies, promptly after any of its Responsible Officers having obtained actual knowledge thereof, but in no event later than two five Business Days thereafter, written notice in an Officers’ ' Certificate of any event or circumstance which, which with the giving of notice or the passage lapse of time, or both, would become a Servicer Default under Section 7.017.01(a) or (b).
Appears in 3 contracts
Sources: Transition Property Servicing Agreement (Wmeco Funding LLC), Transition Property Servicing Agreement (Wmeco Funding LLC), Transition Property Servicing Agreement (Northeast Utilities System)
Notice of Servicer Default. The Servicer shall deliver to the Note Issuer, to the Note Trustee, to the PUCTCertificate Trustee, the Certificate Issuer, the Finance Authority and to each the Rating Agency Agencies, promptly after any of its Responsible Officers having obtained actual knowledge thereof, but in no event later than two five Business Days thereafter, written notice in an Officers’ ' Certificate of any event or circumstance which, which with the giving of notice or the passage lapse of time, or both, would become a Servicer Default under Section 7.017.01(a) or (b).
Appears in 3 contracts
Sources: Transition Property Servicing Agreement (Cl&p Funding LLC), Transition Property Servicing Agreement (Cl&p Funding LLC), Transition Property Servicing Agreement (Northeast Utilities System)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, to the Indenture Trustee, to the PUCTPUCT and the Rating Agencies, and to each Rating Agency promptly after having obtained actual knowledge thereof, but in no event later than two five Business Days thereafter, written notice in an Officers’ Officer's Certificate of any event or circumstance which, which with the giving of notice or the passage lapse of time, or both, would become a Servicer Default under Section 7.01Default.
Appears in 3 contracts
Sources: Transition Property Servicing Agreement (Oncor Electric Delivery Transition Bond Co LLC), Transition Property Servicing Agreement (Txu Electric Delivery Transition Bond Co LLC), Transition Property Servicing Agreement (Oncor Electric Delivery Transition Bond Co LLC)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, to the Trustee, to the PUCT, Trustee and to each Rating Agency promptly after having obtained actual knowledge thereof, but in no event later than two five Business Days thereafter, written notice in an Officers’ Officer's Certificate of any event or circumstance which, with the giving of notice or the passage of time, would become a Servicer Default under Section 7.016.01.
Appears in 2 contracts
Sources: Intangible Transition Property Servicing Agreement (Pp&l Transition Bond Co Inc), Intangible Transition Property Servicing Agreement (Pp&l Transition Bond Co Inc)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, to the Trustee, to the PUCT, Trustee and to each Rating Agency promptly after having obtained actual knowledge thereof, but in no event later than two five Business Days thereafter, written notice in an Officers’ Officer's Certificate of any event or circumstance which, with the giving of notice or the passage of time, would become a Servicer Default under Section 7.016.01.
Appears in 2 contracts
Sources: Servicing Agreement (Pse&g Transition Funding LLC), Servicing Agreement (Pse&g Transition Funding LLC)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, to the Trustee, to the PUCT, Trustee and to each Rating Agency promptly after having obtained actual knowledge thereof, but in no event later than two five Business Days thereafter, written notice in an Officers’ Officer's Certificate of any event or circumstance which, with the giving of notice or the passage of time, would become a Servicer Default under Section 7.01.
Appears in 2 contracts
Sources: Securitization Property Servicing Agreement (Detroit Edison Securitization Funding LLC), Securitization Property Servicing Agreement (Detroit Edison Securitization Funding LLC)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, to the Trustee, to the PUCT, Trustee and to each Rating Agency promptly after having obtained actual knowledge thereof, but in no event later than two five Business Days thereafter, written notice in an Officers’ Officer's Certificate of any event or circumstance which, with the giving of notice or the passage of time, would become a Servicer Default under Section 7.016.01.
Appears in 1 contract
Sources: Transition Property Servicing Agreement (Reliant Energy Transition Bond Co LLC)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, to the Trustee, to the PUCTLPSC, and to each Rating Agency promptly after having obtained actual knowledge thereof, but in no event later than two Business Days thereafter, written notice in an Officers’ ' Certificate of any event or circumstance which, with the giving of notice or the passage of time, would become a Servicer Default under Section 7.01.
Appears in 1 contract
Sources: Storm Recovery Property Servicing Agreement (Cleco Katrina/Rita Hurricane Recovery Funding LLC)
Notice of Servicer Default. The Servicer shall deliver to the Issuer, to the Trustee, to the PUCTLPSC, and to each Rating Agency promptly after having obtained actual knowledge thereof, but in no event later than two Business Days thereafter, written notice in an Officers’ Certificate of any event or circumstance which, with the giving of notice or the passage of time, would become a Servicer Default under Section 7.01.
Appears in 1 contract
Sources: Storm Recovery Property Servicing Agreement (Cleco Katrina/Rita Hurricane Recovery Funding LLC)