USAGE AND BILL CALCULATION. The Servic▇▇ ▇hall obtain a calculation of 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 PUCT Regulations) at least once each Billing Period and shall determine therefrom each Customer's individual Series 2003-1 Transition Charges to be included on such Customer's Bill; provided, however, that in t▇▇ ▇ase of Customers taking service under Consolidated REP Billing, the Applicable REP, rather than the Servicer, may determine such Customers' individual Transition Charges to be included on such Customer's bills based on billing factors provided by the Servicer, and, in such case, the Servicer shall deliver to the Applicable REP such billing factors as are necessary for the Applicable REP to calculate such Customers' respective Series 2003-1 Transition Charges as such charges may change from time to time pursuant to the True-Up Adjustments.
Appears in 2 contracts
Sources: Transition Property Servicing Agreement (Oncor Electric Delivery Transition Bond Co LLC), Transition Property Servicing Agreement (Oncor Electric Delivery Transition Bond Co LLC)
USAGE AND BILL CALCULATION. The Servic▇▇ ▇hall Servicer shall obtain a calculation of each o▇ ▇▇ch 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 PUCT Regulations) at least once each Billing Period and shall determine therefrom each Customer's individual Series 2003-1 Transition Charges to be included on such Customer's Bill; provided, however, that in t▇▇ ▇ase the case of Customers taking service under ▇▇▇er Consolidated REP Billing, the Applicable REP, rather than the Servicer, may determine such Customers' individual Transition Charges to be included on such Customer's bills Bills based on billing factors provided by the Servicer, and, in such case, the Servicer shall deliver to the Applicable REP such billing factors as are necessary for the Applicable REP to calculate such Customers' respective Series 2003-1 Transition Charges as such charges may change from time to time pursuant to the True-Up Adjustments.
Appears in 1 contract
Sources: Transition Property Servicing Agreement (CPL Transition Funding LLC)
USAGE AND BILL CALCULATION. The ServicSe▇▇ ▇hall ▇▇er shall obtain a calculation of 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 PUCT Regulations) at least once each Billing Period and shall determine therefrom each Customer's individual Series 20032004-1 Transition Charges to be included on such Customer's Bill; provided, however, that in t▇▇ ▇ase of Customers taking service under Consolidated REP Billing, the Applicable REP, rather than the Servicer, may determine such Customers' individual Transition Charges to be included on such Customer's bills based on billing factors provided by the Servicer, and, in such case, the Servicer shall deliver to the Applicable REP such billing factors as are necessary for the Applicable REP to calculate such Customers' respective Series 20032004-1 Transition Charges as such charges may change from time to time pursuant to the True-Up Adjustments.
Appears in 1 contract
Sources: Transition Property Servicing Agreement (Txu Electric Delivery Transition Bond Co LLC)