Estimated SRC Collections definition
Estimated SRC Collections means the sum of the payments in respect of System Restoration Charges which are deemed to have been received by the Servicer, directly or indirectly (including through a REP), from or on behalf of Customers, calculated in accordance with Annex I of the Servicing Agreement. Estimated SRC Collections include the amounts held back under the Tariff by an applicable REP to reflect potential write-offs.
Examples of Estimated SRC Collections in a sentence
Pursuant to Section 6.12(c) of the Agreement, commencing no later than _________ 25, 2025, the Servicer shall calculate in each Monthly Servicer’s Certificate the amount of Actual SRC Collections for the first Collection Period of the Reconciliation Period as compared to the Estimated SRC Collections forwarded to the Collection Account in respect of such calendar month.