Alternative Energy Suppliers. So long as any of the Series A Bonds are Outstanding, the Servicer shall take reasonable efforts to assure that no AES bills or collects Series Charges on behalf of the Issuer unless required by applicable law or regulation and, to the extent permitted by applicable law or regulation, the Rating Agency Condition is satisfied. If an AES does xxxx or collect Series Charges on behalf of the Issuer, upon the reasonable request of the Issuer, the Commission, the Indenture Trustee, or any Rating Agency, the Servicer shall take reasonable steps to assure that such an AES provides to the Issuer, the Commission, the Indenture Trustee or the Rating Agencies, as the case may be, any public financial information in respect of such AES, or any material information regarding the Series Property to the extent it is reasonably available to such AES, as may be reasonably necessary and permitted by law for the Issuer, the Commission, the Indenture Trustee or the Rating Agencies to monitor such AES’ performance hereunder. In addition, so long as any of the Series A Bonds are Outstanding, Servicer will use commercially reasonable efforts to ensure that such AES provide to the Issuer and to the Indenture Trustee, within a reasonable time after written request therefor, any information available to the AES or reasonably obtainable by it that is necessary to calculate the Series Charges.
Appears in 3 contracts
Samples: Nuclear Asset Recovery Property Servicing Agreement (Duke Energy Florida, Llc.), Nuclear Asset Recovery Property Servicing Agreement (Duke Energy Florida, Llc.), Nuclear Asset Recovery Property Servicing Agreement (Duke Energy Florida, Llc.)
Alternative Energy Suppliers. So long as any of the Series A Storm-Recovery Bonds are Outstanding, the Servicer shall take reasonable efforts to assure that no AES bills or collects Series Storm-Recovery Charges on behalf of the Issuer unless required by applicable law or regulation and, to the extent permitted by applicable law or regulation, the Rating Agency Condition is satisfied. If an AES does xxxx bill or collect Series Storm-Recovery Charges on behalf of the Issuer, upon xxxx the reasonable request of the Issuer, the Commission, the Indenture any Trustee, or any Rating Agency, the Servicer shall take reasonable steps to assure that such an AES provides to the Issuer, the Commission, the Indenture each Trustee or the Rating Agencies, as the case may be, any public financial information in respect of such AES, or any material information regarding the Series Storm-Recovery Property to the extent it is reasonably available to such AES, as may be reasonably necessary and permitted by law for the Issuer, the Commission, the Indenture any Trustee or the Rating Agencies to monitor such AES’ ' performance hereunder. In addition, so long as any of the Series A Storm-Recovery Bonds are Outstanding, Servicer will use commercially reasonable efforts to ensure that such AES provide to the Issuer and to the Indenture any Trustee, within a reasonable time after written request therefor, any information available to the AES or reasonably obtainable by it that is necessary to calculate the Series Storm-Recovery Charges.
Appears in 3 contracts
Samples: Storm Recovery Property Servicing Agreement (FPL Recovery Funding LLC), Storm Recovery Property Servicing Agreement (FPL Recovery Funding LLC), Storm Recovery Property Servicing Agreement (Florida Power & Light Co)