Common use of USAGE AND BILL CALCULATION Clause in Contracts

USAGE AND BILL CALCULATION. The Servicer shall obtain a calculatio▇ ▇▇ each Customer's usage (which may be based on data obtained from such Customer's meter read or on usage estimates determined in accordance with applicable BPU Regulations) at least once each calendar month and shall determine therefrom each Customer's individual charge relating to the Transition Bond Charge to be included on such Customer's Bill pursuant to the Financing Order and BPU Regulations.

Appears in 1 contract

Sources: Servicing Agreement (Jcp&l Transition Funding LLC)

USAGE AND BILL CALCULATION. The Servicer shall obtain a calculatiocalculati▇▇ ▇f each Customer's usage (which may be based on data obtained from such Customer's meter read or on usage estimates determined in accordance with applicable BPU Regulations) at least once each calendar month and shall determine therefrom each Customer's individual charge relating to the Transition Bond Charge to be included on such Customer's Bill pursuant to the Financing Order and BPU Regulations.

Appears in 1 contract

Sources: Servicing Agreement (Jcp&l Transition Funding LLC)