Accounts; Records. (i) The Servicer shall maintain accounts and records as to the Transferred Bondable Transition Property accurately and in accordance with its standard accounting procedures and in sufficient detail to permit reconciliation between payments or recoveries with respect to the Transferred Bondable Transition Property and the amounts from time to time remitted to the Collection Account in respect of the Transferred Bondable Transition Property. (ii) The Servicer shall maintain accounts and records as to Third Parties performing Consolidated Third Party Billing for Customers accurately and in accordance with its standard accounting procedures and in sufficient detail to permit reconciliation between payments or recoveries with respect to the Transferred Bondable Transition Property and amounts owed by such Customers in respect of the Transition Bond Charge.
Appears in 5 contracts
Samples: Servicing Agreement (JCP&L Transition Funding II LLC), Bondable Transition Property Servicing Agreement (Atlantic City Electric Transition Funding LLC), Servicing Agreement (Pse&g Transition Funding LLC)
