Common use of Notification of Laws and Regulations Clause in Contracts

Notification of Laws and Regulations. The Servicer shall promptly notify the Bond Issuer, the Bond Trustee, the Certificate Trustee and the Rating Agencies in writing of any laws or PUCO 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: Phase in Recovery Property Servicing Agreement, Phase in Recovery Property Servicing Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013), Phase in Recovery Property Servicing Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013)

Notification of Laws and Regulations. The Servicer shall promptly notify the Bond Issuer, the Bond TrusteeAuthority, the Certificate Bond Trustee and the Rating Agencies in writing of any laws or PUCO Authority 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: Restructuring Property Servicing Agreement, Restructuring Property Servicing Agreement, Restructuring Property Servicing Agreement

Notification of Laws and Regulations. The Servicer shall promptly immediately notify the Bond Issuer, the Bond Trustee, the Certificate Trustee and the Rating Agencies in writing of any laws or PUCO 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 3 contracts

Sources: Servicing Agreement (West Penn Funding LLC), Servicing Agreement (West Penn Power Co), Servicing Agreement (West Penn Funding LLC)

Notification of Laws and Regulations. The Servicer shall promptly ------------------------------------ immediately notify the Bond Issuer, the Bond Trustee, the Certificate Trustee and the Rating Agencies in writing of any laws or PUCO 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 1 contract

Sources: Servicing Agreement (West Penn Power Co)