Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 37 contracts
Samples: Recovery Property Servicing Agreement (RG&E Storm Funding LLC), Recovery Property Servicing Agreement (NYSEG Storm Funding LLC), Recovery Property Servicing Agreement (RG&E Storm Funding LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the The Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 18 contracts
Samples: Storm Recovery Property Servicing Agreement, Storm Recovery Property Servicing Agreement, Property Servicing Agreement (Appalachian Consumer Rate Relief Funding LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the The Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, and the Servicer hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Servicing Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Servicing Agreement and applicable lawlaw as it applies to the Servicer in its capacity as servicer hereunder. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Servicing Agreement.
Appears in 18 contracts
Samples: Deferred Fuel Cost Property Servicing Agreement (Virginia Power Fuel Securitization, LLC), Deferred Fuel Cost Property Servicing Agreement (Virginia Power Fuel Securitization, LLC), Deferred Fuel Cost Property Servicing Agreement (Virginia Power Fuel Securitization, LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the The Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Servicing Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Servicing Agreement and applicable lawlaw as it applies to the Servicer in its capacity as servicer hereunder. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Servicing Agreement.
Appears in 10 contracts
Samples: Intercreditor Agreement (Consumers 2023 Securitization Funding LLC), Nuclear Asset Recovery Property Servicing Agreement (Duke Energy Florida, Llc.), Nuclear Asset Recovery Property Servicing Agreement (Duke Energy Florida, Llc.)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 5.04 and Article VIIVI, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable lawAgreement. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 9 contracts
Samples: Transferred Environmental Control Property Servicing Agreement, Transferred Environmental Control Property Servicing Agreement (PE Environmental Funding LLC), Environmental Control Property Servicing Agreement (MP Environmental Funding LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII7, the Note Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the Note Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 8 contracts
Samples: Transition Property Servicing Agreement (Bec Funding LLC), Transition Property Servicing Agreement (Wmeco Funding LLC), Transition Property Servicing Agreement (Wmeco Funding LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the The Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Servicing Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Servicing Agreement and applicable law. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Servicing Agreement.
Appears in 8 contracts
Samples: Securitization Property Servicing Agreement (DTE Electric Securitization Funding II LLC), Securitization Property Servicing Agreement (DTE Electric Securitization Funding II LLC), Securitization Property Servicing Agreement (DTE Electric Securitization Funding II LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 5.06 and Article VIIVI, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable lawAgreement. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 6 contracts
Samples: BGS Bondable Transition Property Servicing Agreement (PSE&G Transition Funding II LLC), Bondable Transition Property Servicing Agreement (Atlantic City Electric Transition Funding LLC), Servicing Agreement (Pse&g Transition Funding LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII7, the Note Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the Note Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 6 contracts
Samples: Transition Property Servicing Agreement (Pg&e Funding LLC), Transition Property Servicing Agreement (Sce Funding LLC), Transition Property Servicing Agreement (Pg&e Funding LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the The Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 6 contracts
Samples: Transition Property Servicing Agreement (Entergy Texas, Inc.), Transition Property Servicing Agreement (Entergy Texas, Inc.), Transition Property Servicing Agreement (Entergy Texas, Inc.)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the The Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Servicing Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Servicing Agreement and applicable lawlaw as it applies to the Servicer in its capacity as servicer hereunder. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Servicing Agreement.
Appears in 4 contracts
Samples: Energy Transition Property Servicing Agreement (PNM Energy Transition Bond Co I, LLC), Energy Transition Property Servicing Agreement (PNM Energy Transition Bond Co I, LLC), Energy Transition Property Servicing Agreement (PNM Energy Transition Bond Co I, LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 6.04 and Article VII7, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 4 contracts
Samples: Servicing Agreement (PSNH Funding LLC 3), Servicing Agreement (PSNH Funding LLC 3), Servicing Agreement
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII7, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 4 contracts
Samples: Servicing Agreement (PSNH Funding LLC 2), Servicing Agreement (Northeast Utilities System), Servicing Agreement (PSNH Funding LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII7, the Note Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Agreement on behalf of and for the benefit of the Note Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 4 contracts
Samples: Transition Property Servicing Agreement (BEC Funding II, LLC), Transition Property Servicing Agreement (CEC Funding, LLC), Transition Property Servicing Agreement (CEC Funding, LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 5.04 and Article VIIVI, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable lawAgreement. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 4 contracts
Samples: Intangible Transition Property Servicing Agreement (Pp&l Transition Bond Co Inc), Intangible Transition Property Servicing Agreement (Pp&l Transition Bond Co Inc), Servicing Agreement (West Penn Power Co)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 5.04 and Article VIIVI, the each Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the each Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable lawAgreement. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 3 contracts
Samples: Master Servicing Agreement (Peco Energy Transition Trust), Master Servicing Agreement (Peco Energy Transition Trust), Master Servicing Agreement (Peco Energy Transition Trust)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the Note Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the Note Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 3 contracts
Samples: Transition Property Servicing Agreement (CPL Transition Funding LLC), Transition Property Servicing Agreement (CPL Transition Funding LLC), Transition Property Servicing Agreement (Central & South West Corp)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the The Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 3 contracts
Samples: Transition Property Servicing Agreement (Entergy Gulf States Reconstruction Funding I, LLC), Transition Property Servicing Agreement (Entergy Texas Restoration Funding, LLC), Transition Property Servicing Agreement (Entergy Gulf States Reconstruction Funding I, LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 6.06 and Article VIISeven, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 3 contracts
Samples: Storm Recovery Property Servicing Agreement (Florida Power & Light Co), Storm Recovery Property Servicing Agreement (FPL Recovery Funding LLC), Storm Recovery Property Servicing Agreement (FPL Recovery Funding LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 3 contracts
Samples: Transition Property Servicing Agreement (Oncor Electric Delivery Transition Bond Co LLC), Transition Property Servicing Agreement (Txu Electric Delivery Transition Bond Co LLC), Transition Property Servicing Agreement (Oncor Electric Delivery Transition Bond Co LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 6.06 and Article VII, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 2 contracts
Samples: Securitization Property Servicing Agreement (Detroit Edison Securitization Funding LLC), Securitization Property Servicing Agreement (Detroit Edison Securitization Funding LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the The Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable lawRequirements of Law. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 2 contracts
Samples: Rate Stabilization Property Servicing Agreement (RSB Bondco LLC), Rate Stabilization Property Servicing Agreement (RSB Bondco LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the The Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 2 contracts
Samples: Investment Recovery Property Servicing Agreement (Entergy Louisiana Investment Recovery Funding I, L.L.C.), Investment Recovery Property Servicing Agreement (Entergy Louisiana Investment Recovery Funding I, L.L.C.)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the The Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Servicing Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with and subject to the terms of this Agreement and applicable lawServicing Agreement. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Servicing Agreement.
Appears in 2 contracts
Samples: Servicing Agreement (JCP&L Transition Funding II LLC), Servicing Agreement (JCP&L Transition Funding II LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 2 contracts
Samples: Recovery Property Servicing Agreement (PG&E Energy Recovery Funding LLC), Recovery Property Servicing Agreement (PG&E Energy Recovery Funding LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 5.06 and Article VIIVI, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Servicing Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable lawServicing Agreement. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Servicing Agreement.
Appears in 2 contracts
Samples: Servicing Agreement (Jcp&l Transition Funding LLC), Servicing Agreement (Jcp&l Transition Funding LLC)
Appointment of Servicer; Acceptance of Appointment. Subject -------------------------------------------------- to Section 6.05 and Article VII7, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 1 contract
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 5.04, Section 5.06 and Article VIIVI, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable lawAgreement. This appointment and the Servicer’s 's acceptance thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 1 contract
Samples: Transition Property Servicing Agreement (Reliant Energy Transition Bond Co LLC)
Appointment of Servicer; Acceptance of Appointment. Subject to Section 6.05 and Article VII, the Issuer hereby appoints the Servicer, and the Servicer, as an independent contractor, Servicer hereby accepts such appointment, to perform the Servicer’s 's obligations pursuant to this Agreement on behalf of and for the benefit of the Issuer or any assignee thereof in accordance with the terms of this Agreement and applicable law. This appointment and the Servicer’s acceptance 's acceFTAnce thereof may not be revoked except in accordance with the express terms of this Agreement.
Appears in 1 contract
Samples: Transition Property Servicing Agreement (Northwestern Corp)
