Assignment of Servicer's Obligations. The Servicer may not assign its obligations hereunder to any successor unless either (i) the Rating Agency Condition has been satisfied and the PSCWV has approved such assignment, or (ii) the Servicer is replaced by a Successor Servicer pursuant to Section 6.04.
Appears in 8 contracts
Samples: Re: Servicing Agreement (MP Environmental Funding LLC), Control Property Servicing Agreement (MP Environmental Funding LLC), Re: Servicing Agreement (PE Environmental Funding LLC)
Assignment of Servicer's Obligations. The Servicer may not assign its obligations hereunder to any successor unless either (i) the Rating Agency Condition has been satisfied and the PSCWV Commission has approved such assignment, or (ii) the Servicer is replaced by a Successor Servicer pursuant to Section 6.046.03.
Appears in 3 contracts
Samples: Property Servicing Agreement (FPL Recovery Funding LLC), Florida Power & Light Co, FPL Recovery Funding LLC
Assignment of Servicer's Obligations. The Servicer may not assign its obligations hereunder to any successor unless either (i) the Rating Agency Condition has and any other condition specified in the Financing Order have been satisfied and the PSCWV has approved such assignmentsatisfied, or (ii) the Servicer is replaced by a Successor Servicer successor pursuant to Section 6.046.03 hereof.
Appears in 2 contracts
Samples: Securitization Property Servicing Agreement (Detroit Edison Securitization Funding LLC), Securitization Property Servicing Agreement (Detroit Edison Securitization Funding LLC)
Assignment of Servicer's Obligations. The Servicer may not assign its obligations hereunder to any successor unless either (i) the Rating Agency Condition has been 13 satisfied and the PSCWV has approved such assignment, or (ii) the Servicer is replaced by a Successor Servicer pursuant to Section 6.04.. SECTION 5.05
Appears in 1 contract
Samples: Servicing Agreement
