Collection Efforts, Policies, Procedures Sample Clauses
Collection Efforts, Policies, Procedures. (i) The Servicer shall use reasonable efforts to collect all Billed Environmental Control Charges from Customers and Third Parties as and when the same become due and shall follow such collection procedures as it follows with respect to comparable assets that it services for itself or others, including, as follows:
(A) The Servicer shall prepare and deliver overdue notices to Customers and Third Parties in accordance with applicable PSCWV Regulations and the Servicer Policies and Practices.
(B) The Servicer shall apply late payment charges to outstanding Customer and Third Party balances in accordance with applicable PSCWV Regulations. All late payment charges collected shall be payable to and retained by the Servicer as a component of its compensation under the Servicing Agreement, and the Issuer shall not have any right to share in the same.
(C) The Servicer shall deliver verbal and written final call notices in accordance with applicable PSCWV Regulations and Servicer Policies and Practices.
(D) The Servicer shall adhere to and carry out disconnection policies in accordance with the Competition Act, other applicable law and PSCWV Regulations and Servicer Policies and Practices.
(E) The Servicer may employ the assistance of collections agents in accordance with applicable PSCWV Regulations and Servicer Policies and Practices.
(F) The Servicer shall apply Customer and Third Party deposits, Customers’ letters of credit and Customer posted surety bonds to the payment of delinquent accounts in accordance with applicable PSCWV Regulations and Servicer Policies and Practices and according to the priorities set forth in Sections 6(b)(ii), (iii) and (iv) of this Exhibit A.
(G) The Servicer shall promptly take all necessary action in accordance with applicable PSCWV Regulations to terminate billing of Environmental Control Charges by Third Parties whose payments are 30 or more days delinquent, or as the then current PSCWV Regulations and any billing services agreements allow, and to resume, prospectively, to collect the Billed Environmental Control Charges directly from the applicable Customers. At such time, the Servicer will apply the Third Party’s security deposit to satisfy charges billed previously by the Third Party which remain outstanding, including outstanding Environmental Control Charges.
(ii) The Servicer shall not waive any late payment charge or any other fee or charge relating to delinquent payments, if any, or waive, vary or modify any terms of pa...
Collection Efforts, Policies, Procedures. (i) The Servicer shall collect Billed Deferred Fuel Cost Charges (including late charges in respect of the Deferred Fuel Cost Charge) from Customers as and when the same become due in accordance with such collection procedures as it follows with respect to comparable assets that it services for itself or others including, in accordance with Commission Regulations and the Servicer Policies and Practices, that:
A. The Servicer shall prepare and deliver overdue notices to Customers.
B. The Servicer shall deliver past-due and shut-off notices.
C. The Servicer may employ the assistance of collection agents.
D. The Servicer shall apply Customer deposits to the payment of delinquent accounts.
(ii) The Servicer shall not waive any late payment charge or any other fee or charge relating to delinquent payments, if any, or waive, vary or modify any terms of payment of any amounts payable by a Customer, in each case unless such waiver or action: (A) would be in accordance with the Servicer Policies and Practices and (B) would comply in all material respects with applicable law.
(iii) The Servicer shall accept payment from Customers in respect of Billed Deferred Fuel Cost Charges in such forms and methods and at such times and places in accordance with the Servicer Policies and Practices.
Collection Efforts, Policies, Procedures. (i) The Servicer shall collect Billed Storm Recovery Charges for the Storm Recovery Bonds (including late charges in respect of Storm Recovery Charges) from Customers as and when the same become due in accordance with such collection procedures as it follows with respect to comparable assets that it services for itself or others including, in accordance with Commission Regulations and the Servicer Policies and Practices, that:
(A) The Servicer shall prepare and deliver overdue notices to Customers.
(B) The Servicer shall deliver past-due and shut-off notices.
(C) The Servicer may employ the assistance of collection agents.
(D) The Servicer shall apply Customer deposits to the payment of delinquent accounts.
(ii) The Servicer shall not waive any late payment charge or any other fee or charge relating to delinquent payments, if any, or waive, vary or modify any terms of payment of any amounts payable by a Customer, in each case unless such waiver or action: (A) would be in accordance with the Servicer Policies and Practices and (B) would comply in all material respects with applicable law.
(iii) The Servicer shall accept payment from Customers in respect of Billed Storm Recovery Charges for the Storm Recovery Bonds in such forms and methods and at such times and places in accordance with the Servicer Policies and Practices.
Collection Efforts, Policies, Procedures i. The Servicer shall use reasonable efforts to collect all Billed SRCs from Customers as and when the same become due and shall follow such collection procedures as it follows with respect to comparable assets that it services for itself or others, including with respect to the following:
A. The Servicer shall prepare and deliver overdue notices to Customers in accordance with applicable LPSC Regulations and Servicer Policies and Practices.
B. The Servicer shall apply late payment charges to outstanding Customer balances in accordance with applicable LPSC Regulations and as required by the Financing Order.
C. The Servicer shall deliver verbal and written final notices of delinquency and possible disconnection in accordance with applicable LPSC Regulations and Servicer Policies and Practices.
D. The Servicer shall adhere to and carry out disconnection policies in accordance with the Financing Orders, applicable LPSC Regulations and
Collection Efforts, Policies, Procedures. (i) The Servicer shall use reasonable efforts to collect Billed Phase-In-Recovery Charges from Customers and TPBs as and when the same become due in accordance with such collection procedures as it follows with respect to comparable assets that it services for itself or others, including the following:
(A) The Servicer shall prepare and deliver overdue notices to Customers and TPBs in accordance with applicable PUCO Regulations and the Servicer Policies and Practices.
(B) The Servicer shall deliver past-due and shut-off notices in accordance with applicable PUCO Regulations and the Servicer Policies and Practices.
(C) The Servicer shall adhere to and carry out disconnection policies and termination of billing by a TPB pursuant to a TPB Agreement in accordance with Ohio Rev. Code Xxx. §§ 4933.121-122, Ohio Admin. Code § 4901: 1-10-15-18 and Ohio Admin. Code § 4901-01-18, or successor provisions, and the Servicer Policies and Practices.
(D) The Servicer may employ the assistance of collection agents in accordance with applicable PUCO Regulations and the Servicer Policies and Practices.
(E) The Servicer shall apply Customer and TPB deposits to the payment of delinquent accounts in accordance with applicable PUCO Regulations and the Servicer Polices and Practices.
(ii) The Servicer shall not waive any late payment charge or any other fee or charge relating to delinquent payments, if any, or waive, vary or modify any terms of payment of any amounts payable by a Customer, in each case unless such waiver or action: (A) would be in accordance with the Servicer Policies and Practices and (B) would comply in all material respects with applicable law.
(iii) The Servicer shall accept payment from Customers in respect of Billed Phase-In-Recovery Charges in such forms and methods and at such times and places in accordance with the Servicer Policies and Practices. The Servicer shall accept payment from TPBs in respect of Billed Phase-In-Recovery Charges in such forms and methods and at such times and places as the Servicer and each TPB shall mutually agree in accordance with the Applicable TPB Agreement and applicable PUCO Regulations.
Collection Efforts, Policies, Procedures. The Servicer shall use reasonable efforts to collect all Billed Phase-In-Recovery Charges from Customers and Third-Party Collectors as and when the same become due and shall follow such collection procedures as it follows with respect to comparable assets that it services for itself or others, including with respect to the following:
Collection Efforts, Policies, Procedures. (i) The Servicer shall use reasonable efforts to collect all Securitized Utility Tariff Charges from Customers (to the extent permitted by law) as and when the same become due and shall follow such collection procedures as it follows with respect to comparable assets that it services for itself or others, including with respect to the following:
(A) The Servicer shall prepare and deliver overdue notices to Customers in accordance with applicable Kansas Commission Regulations and Servicer Policies and Practices.
(B) The Servicer shall apply late payment charges to outstanding Customer balances in accordance with applicable Kansas Commission Regulations and the Financing Order.
(C) In circumstances where the Servicer is allowed to bill Customers directly, the Servicer shall deliver verbal and written final notices of delinquency and possible disconnection in accordance with applicable Kansas Commission Regulations and Servicer Policies and Practices.
(D) The Servicer shall adhere to and carry out disconnection policies in accordance with the laws of the State of Kansas, the Financing Order, applicable Kansas Commission Regulations and the Servicer Policies and Practices.
(E) The Servicer may employ the assistance of collection agents to collect any past-due Securitized Utility Tariff Charges in accordance with applicable Kansas Commission Regulations and Servicer Policies and Practices and the Tariffs.
(F) The Servicer shall apply Customer deposits to the payment of delinquent accounts in accordance with applicable Kansas Commission Regulations and Servicer Policies and Practices and according to the priorities set forth in Section 6(b) of this Xxxxx X.
(ii) The Servicer shall not waive any late payment charge or any other fee or charge relating to delinquent payments, if any, or waive, vary or modify any terms of payment of any amounts payable by a Customer, in each case unless such waiver or action: (A) would be in accordance with the Servicer’s customary practices or those of any successor Servicer with respect to comparable assets that it services for itself and for others; (B) would not materially adversely affect the rights of the Holders; and (C) would comply with applicable law.
(iii) Notwithstanding anything in the Agreement or this Annex I to the contrary, the Servicer is authorized to write off any Billed Securitized Utility Tariff Charges, in accordance with its Servicer Policies and Practices.
(iv) The Servicer shall accept payment from Customer...
Collection Efforts, Policies, Procedures. The Servicer shall use reasonable efforts to collect all Billed CRR Charges from Customers and Third-Party Collectors as and when the same become due and shall follow such collection procedures as it follows with respect to comparable assets that it services for itself or others, including with respect to the following:
Collection Efforts, Policies, Procedures. (i) The Servicer shall use reasonable efforts to collect all Billed IRCs from Customers as and when the same become due and shall follow such collection procedures as it follows with respect to comparable assets that it services for itself or others, including with respect to the following:
Collection Efforts, Policies, Procedures. The Servicer shall collect Billed RTC Charges from Customers and TPSs as and when the same become due in accordance with such collection procedures as it follows with respect to comparable assets that it services for itself or others, including the following: