Common use of Assignment of Servicer's Obligations Clause in Contracts

Assignment of Servicer's Obligations. Subject to the conditions set forth in Section 5.03, pursuant to paragraph 13 of the Qualified Rate Order in which the PUC authorizes West Penn to contract with an alternative party to perform West Penn's obligations contemplated in the Qualified Rate Order, the Servicer may assign its obligations hereunder to any electric distribution company (as such term is defined in the Statute) which succeeds to the major part of West Penn's electric distribution business.

Assignment of Servicer's Obligations. Subject to the ------------------------------------ satisfaction of the conditions set forth in Section 5.03, pursuant to paragraph 13 of the Qualified Rate Order in which the PUC authorizes West Penn to contract with an alternative party to perform West Penn's obligations contemplated in the Qualified Rate Order, the Servicer may assign its obligations hereunder to any electric distribution company (as such term is defined in the Statute) which succeeds to the major part of West Penn's electric distribution business.

Assignment of Servicer's Obligations. Subject to the satisfaction of the conditions set forth in Section 5.03, pursuant to paragraph 13 of the Qualified Rate Order in which the PUC authorizes West Penn to contract with an alternative party to perform West Penn's obligations contemplated in the Qualified Rate Order, the Servicer may assign its obligations hereunder to any electric distribution company (as such term is defined in the Statute) which succeeds to the major part of West Penn's electric distribution business.