Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law or CPUC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
Appears in 21 contracts
Sources: Recovery Property Servicing Agreement (PACIFIC GAS & ELECTRIC Co), Recovery Property Servicing Agreement (PG&E Recovery Funding LLC), Recovery Property Servicing Agreement (PG&E Recovery Funding LLC)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee Trustee, and the Rating Agencies in writing if it becomes aware of any Requirements Requirement of Law or CPUC Commission Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Servicing Agreement.
Appears in 21 contracts
Sources: 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), Securitized Utility Tariff Property Servicing Agreement (Kansas Gas Service Securitization I, L.L.C.)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law or CPUC PUCT Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
Appears in 11 contracts
Sources: Transition Property Servicing Agreement (Entergy Texas, Inc.), Transition Property Servicing Agreement (Entergy Texas, Inc.), Transition Property Servicing Agreement (Entergy Texas, Inc.)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements Requirement of Law or CPUC Commission Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Servicing Agreement.
Appears in 10 contracts
Sources: Intercreditor Agreement (Consumers 2023 Securitization Funding LLC), Securitization Property Servicing Agreement (Consumers 2023 Securitization Funding LLC), Securitization Property Servicing Agreement (Consumers 2023 Securitization Funding LLC)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law or CPUC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
Appears in 9 contracts
Sources: Transferred Environmental Control Property Servicing Agreement, Transferred Environmental Control Property Servicing Agreement (PE Environmental Funding LLC), Environmental Control Property Servicing Agreement (MP Environmental Funding LLC)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law or CPUC PUCT Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
Appears in 7 contracts
Sources: Transition Property Servicing Agreement, Transition Property Servicing Agreement (Entergy Gulf States Reconstruction Funding I, LLC), Transition Property Servicing Agreement (Entergy Texas Restoration Funding, LLC)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture PUCT, the Trustee and the each Rating Agencies Agency in writing if it becomes aware of any Requirements of Law laws or CPUC Regulations PUCT Regulations, orders or directions hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
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)
Notification of Laws and Regulations. The Servicer shall immediately promptly notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law or CPUC NYPSC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
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)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law or CPUC Commission Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
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)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law or CPUC Commission Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Servicing Agreement.
Appears in 5 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)
Notification of Laws and Regulations. The Servicer shall immediately promptly notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law laws or CPUC NHPUC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
Appears in 5 contracts
Sources: Servicing Agreement (PSNH Funding LLC 2), Servicing Agreement (Northeast Utilities System), Servicing Agreement (PSNH Funding LLC)
Notification of Laws and Regulations. The Servicer shall immediately promptly notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law or CPUC MPSC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
Appears in 4 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)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture LPSC, the Trustee and the each Rating Agencies Agency in writing if when it becomes aware of any Requirements Requirement of Law or CPUC Regulations LPSC Regulations, orders or directions hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
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)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee and the each Rating Agencies Agency in writing if when it becomes aware of any Requirements Requirement of Law or CPUC Regulations LPSC Regulations, orders or directions hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
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)
Notification of Laws and Regulations. The Servicer shall immediately notify the IssuerIssuers, the Indenture Trustee Bond Trustees and the Rating Agencies in writing if it becomes aware of any Requirements of Law laws or CPUC PUC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
Appears in 4 contracts
Sources: Master Servicing Agreement (Peco Energy Transition Trust), Master Servicing Agreement (Peco Energy Transition Trust), Master Servicing Agreement (Peco Energy Transition Trust)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law laws or CPUC BPU Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
Appears in 4 contracts
Sources: Bondable Transition Property Servicing Agreement (Atlantic City Electric Transition Funding LLC), Servicing Agreement (Pse&g Transition Funding LLC), Bondable Transition Property Servicing Agreement (Atlantic City Electric Transition Funding LLC)
Notification of Laws and Regulations. The Servicer shall immediately promptly notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements Requirement of Law or CPUC Commission Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
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)
Notification of Laws and Regulations. The Servicer shall immediately upon learning thereof notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law or CPUC Council Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
Appears in 4 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.)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law or CPUC MPSC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
Appears in 3 contracts
Sources: Securitized Utility Tariff Property Servicing Agreement (Empire District Bondco, LLC), Securitized Utility Tariff Property Servicing Agreement (Empire District Bondco, LLC), Securitized Utility Tariff Property Servicing Agreement (Empire District Bondco, LLC)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture each Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law or CPUC Commission Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
Appears in 3 contracts
Sources: Storm Recovery Property Servicing Agreement (Florida Power & Light Co), Storm Recovery Property Servicing Agreement (FPL Recovery Funding LLC), Storm Recovery Property Servicing Agreement (FPL Recovery Funding LLC)
Notification of Laws and Regulations. The Servicer shall immediately promptly notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law laws or CPUC MPSC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
Appears in 3 contracts
Sources: Servicing Agreement (Consumers Energy Co Financing V), Servicing Agreement (Consumers Funding LLC), Servicing Agreement (Consumers Funding LLC)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law or CPUC APSC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
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)
Notification of Laws and Regulations. The Servicer shall immediately notify the Note Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law or CPUC PUCT Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
Appears in 3 contracts
Sources: Transition Property Servicing Agreement (CPL Transition Funding LLC), Transition Property Servicing Agreement (CPL Transition Funding LLC), Transition Property Servicing Agreement (Central & South West Corp)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee Trustee, and the Rating Agencies in writing if when it becomes aware of any Requirements Requirement of Law or CPUC Regulations PUCT Regulations, orders or directions hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
Appears in 3 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)
Notification of Laws and Regulations. The Servicer shall immediately promptly notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law laws or CPUC NHPUC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
Appears in 3 contracts
Sources: Servicing Agreement (PSNH Funding LLC 3), Servicing Agreement (PSNH Funding LLC 3), Servicing Agreement
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee Trustee, and the Rating Agencies in writing if when it becomes aware of any Requirements Requirement of Law or CPUC Regulations Indiana Commission Regulations, orders or directions hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
Appears in 3 contracts
Sources: Securitization Property Servicing Agreement (SIGECO Securitization I, LLC), Securitization Property Servicing Agreement (SIGECO Securitization I, LLC), Securitization Property Servicing Agreement (SIGECO Securitization I, LLC)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee Trustee, and the Rating Agencies in writing if it becomes aware of any Requirements Requirement of Law or CPUC Kansas Commission Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Servicing Agreement.
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)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law or CPUC PSCW Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Servicing Agreement.
Appears in 3 contracts
Sources: Environmental Control Property Servicing Agreement (WEPCo Environmental Trust Finance I, LLC), Environmental Control Property Servicing Agreement (WEPCo Environmental Trust Finance I, LLC), Environmental Control Property Servicing Agreement (WEPCo Environmental Trust Finance I, LLC)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements Requirement of Law or CPUC Commission Regulations hereafter promulgated that have (or may have) a material adverse effect on the Servicer’s ability to perform its duties under this Servicing Agreement.
Appears in 3 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)
Notification of Laws and Regulations. The Servicer shall immediately promptly notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law or CPUC MoPSC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
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)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture PUCT, the Trustee and the each Rating Agencies Agency in writing if it becomes aware of any Requirements of Law laws or CPUC Regulations PUCT Regulations, orders or directions hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
Appears in 2 contracts
Sources: Transition Property Servicing Agreement (CenterPoint Energy Transition Bond CO II, LLC), Transition Property Servicing Agreement (CenterPoint Energy Transition Bond CO II, LLC)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law laws or CPUC BPU Regulations hereafter promulgated that have or will reasonably be likely to have a material adverse effect on the Servicer’s ability to perform its duties under this Servicing Agreement.
Appears in 2 contracts
Sources: Servicing Agreement (JCP&L Transition Funding II LLC), Servicing Agreement (JCP&L Transition Funding II LLC)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law laws or CPUC Regulations PUC Regulations, orders or directions hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
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)
Notification of Laws and Regulations. The Servicer shall immediately promptly notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law laws or CPUC MPSC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
Appears in 2 contracts
Sources: Intercreditor Agreement (Consumers Energy Co), Intercreditor Agreement (Consumers Energy Co)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law laws or CPUC MPSC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
Appears in 2 contracts
Sources: Securitization Property Servicing Agreement (Detroit Edison Securitization Funding LLC), Securitization Property Servicing Agreement (Detroit Edison Securitization Funding LLC)
Notification of Laws and Regulations. The Servicer shall immediately upon learning thereof notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law or CPUC LPSC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
Appears in 2 contracts
Sources: Investment Recovery Property Servicing Agreement (Entergy Louisiana Investment Recovery Funding I, L.L.C.), Investment Recovery Property Servicing Agreement (Entergy Louisiana Investment Recovery Funding I, L.L.C.)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law laws or CPUC BPU Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Servicing Agreement.
Appears in 2 contracts
Sources: Servicing Agreement (Jcp&l Transition Funding LLC), Servicing Agreement (Jcp&l Transition Funding LLC)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law or CPUC Regulations hereafter promulgated or published that would reasonably be expected to have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
Appears in 2 contracts
Sources: Rate Stabilization Property Servicing Agreement (RSB Bondco LLC), Rate Stabilization Property Servicing Agreement (RSB Bondco LLC)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture BPU, the Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law laws or CPUC BPU Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
Appears in 2 contracts
Sources: BGS Bondable Transition Property Servicing Agreement (PSE&G Transition Funding II LLC), Servicing Agreement (PSE&G Transition Funding II LLC)
Notification of Laws and Regulations. The Servicer shall ------------------------------------ immediately notify the Issuer, the Indenture Trustee and the each Rating Agencies Agency in writing if it becomes aware of any Requirements of Law laws or CPUC Regulations PUCT Regulations, orders or directions hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
Appears in 1 contract
Sources: Transition Property Servicing Agreement (Reliant Energy Transition Bond Co LLC)
Notification of Laws and Regulations. The Servicer ------------------------------------ shall immediately promptly notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law laws or CPUC NHPUC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
Appears in 1 contract
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee and and, the Rating Agencies Agency in writing if it becomes aware of any Requirements of Law or CPUC Commission Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
Appears in 1 contract
Sources: Property Management & Real Estate
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee and the each Rating Agencies Agency in writing if it becomes aware of any Requirements of Law laws or CPUC MPSC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this AgreementAgreement and shall provide the Rating Agencies copies of any amendment or modification to the Statute.
Appears in 1 contract
Sources: Transition Property Servicing Agreement (Northwestern Corp)
Notification of Laws and Regulations. The Servicer shall immediately notify the Issuer, the Indenture Trustee and the each Rating Agencies Agency in writing if it becomes aware of any Requirements of Law laws or CPUC Regulations PUCT Regulations, orders or directions hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.
Appears in 1 contract
Sources: Transition Property Servicing Agreement (Reliant Energy Transition Bond Co LLC)
Notification of Laws and Regulations. The Servicer shall immediately promptly notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law laws or CPUC NHPUC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.
Appears in 1 contract
Sources: Servicing Agreement