Common use of Reports and Certificates Clause in Contracts

Reports and Certificates. Each report and certificate delivered in connection with any filing made with the BPU by the Servicer on behalf of the Issuer with respect to the Transition Bond Charge or Transition Bond Charge Adjustments will constitute a representation and warranty by the Servicer that each such report or certificate, as the case may be, is true and correct in all material respects; provided, however, that to the extent any such report or certificate is based in part upon or contains assumptions, forecasts or other predictions of future events, this representation and warranty of the Servicer with respect thereto will be limited to the representation and warranty that such assumptions, forecasts or other predictions of future events are reasonable based upon historical performance or facts known to the Servicer on the date such report or certificate is delivered.

Reports and Certificates. Each report and certificate delivered in connection with any filing made with to the BPU Commission by the Servicer on behalf of the Issuer with respect to the Transition Bond Deferred Fuel Cost Charge or Transition Bond Charge True-Up Adjustments will constitute a representation and warranty by the Servicer that each such report or certificate, as the case may be, is true and correct in all material respects; provided, however, that that, to the extent any such report or certificate is based in part upon or contains assumptions, forecasts or other predictions of future events, this the representation and warranty of the Servicer with respect thereto will be limited to the representation and warranty that such assumptions, forecasts or other predictions of future events are reasonable based upon historical performance or and facts known to the Servicer on the date such report or certificate is delivered.