Accounts; Records. The Servicer shall maintain accounts and records as to the Intangible Transition Property accurately and in accordance with its standard accounting procedures and in sufficient detail (i) to permit reconciliation between payments or recoveries with respect to the Intangible Transition Property and the amounts from time to time remitted to the Collection Account in respect of the Intangible Transition Property and (ii) to permit the IFC Collections held by the Servicer to be accounted for separately from the funds with which they may be commingled, so that the dollar amounts of IFC Collections commingled with the Servicer's funds may be properly identified and traced.
Appears in 4 contracts
Samples: Servicing Agreement (Illinois Power Securitization Limited Liability Co), Intangible Transition Property Servicing Agreement (Illinois Power Securitization Limited Liability Co), Intangible Transition Property Servicing Agreement (Comed Funding LLC)
