Collections Payment Processing Remittance Sample Clauses
Collections Payment Processing Remittance. (a) Collection Efforts, Policies, Procedures.
(i) The Servicer shall use reasonable efforts to collect all Billed FRC Revenues from Consumers and ESPs 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 Consumers and ESPs in accordance with applicable CPUC Regulations and Servicer Policies and Practices.
(B) The Servicer shall apply late payment charges to outstanding Consumer and ESP balances in accordance with applicable CPUC Regulations and as required by the Financing Order. All late payment charges, to the extent available, and interest collected shall be payable to and retained by the Servicer as a component of its compensation under the Agreement, and the Issuer shall have no right to share in the same.
(C) The Servicer shall deliver oral and/or written past-due and shut-off notices in accordance with applicable CPUC Regulations and Servicer Policies and Practices.
(D) The Servicer shall adhere to and carry out disconnection policies and termination of Consolidated ESP Billing in accordance with Section 779.2 of the Public Utilities Code, CPUC Decision ▇▇-▇▇-▇▇▇, as it may be amended or modified from time to time, and applicable CPUC Regulations and Servicer Policies and Practices.
(E) The Servicer may employ the assistance of collection agents in accordance with applicable CPUC Regulations and Servicer Policies and Practices.
(F) In circumstances where the Servicer is allowed to bill Consumers directly, the Servicer shall deliver verbal and/or written final notices of delinquency and possible disconnection in accordance with applicable CPUC Regulations and Servicer Policies and Practices.
(G) The Servicer shall adhere to and carry out disconnection policies and termination of ESP billing in accordance with the Utilities Code, the Financing Order, applicable CPUC Regulations and the Servicer Policies and Practices.
(H) The Servicer may employ the assistance of collection agents to collect any past-due Fixed Recovery Charges in accordance with applicable CPUC Regulations and Servicer Policies and Practices and the Tariff.
(I) The Servicer shall apply Consumer and ESP deposits to the payment of delinquent accounts in accordance with the Financing Order, applicable CPUC Regulations and Servicer Policies and Practices and according to the prio...
Collections Payment Processing Remittance. (a) Collection Efforts, Policies, Procedures.
Collections Payment Processing Remittance. (a) Collection Efforts, Policies, Procedures.
(i) The Servicer shall collect Billed Energy Transition Charges for the Series A Bonds (including late charges in respect of Series 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 Energy Transition Charges for the Series A Bonds in such forms and methods and at such times and places in accordance with the Servicer Policies and Practices.
Collections Payment Processing Remittance. (a) Collection Efforts, Policies, Procedures. ----------------------------------------
Collections Payment Processing Remittance. (a) Collection Efforts, Policies, Procedures. ----------------------------------------
(i) The Servicer shall use reasonable efforts to collect all Billed FTA Revenues from Customers and ESPs 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 and ESPs in accordance with applicable CPUC Regulations and Servicer Policies and Practices.
(B) The Servicer shall apply late payment charges, if any, to outstanding ESP balances in accordance with applicable CPUC
Collections Payment Processing Remittance. (a) Collection Efforts, Policies, Procedures.
(i) The Servicer shall use reasonable efforts to collect all Billed Intangible Transition 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 with respect to the following:
(A) The Servicer shall prepare and deliver overdue notices to Customers and Third Parties in accordance with applicable PUC Regulations and Servicer Policies and Practices.
(B) The Servicer shall apply late payment charges to outstanding Customer and Third Party balances in accordance with applicable PUC Regulations. All late payment charges and interest collected shall be payable to and retained by the Servicer as a component of its compensation under the Servicing Agreement, and no Issuer shall have any right to share in the same.
(C) The Servicer shall deliver verbal and written final call notices in accordance with applicable PUC Regulations and Servicer Policies and Practices.
(D) The Servicer shall adhere and carry out disconnection policies in accordance with the Statute, other applicable law and PUC Regulations and Servicer Policies and Practices.
(E) The Servicer may employ the assistance of collections agents in accordance with applicable PUC Regulations and Servicer Policies and Practices.
(F) The Servicer shall apply Customer and Third Party deposits to the payment of delinquent accounts in accordance with applicable PUC Regulations and Servicer Policies and Practices and according to the priorities set forth in Section 6(b)(ii), (iii) and (iv) of this Exhibit A.
Collections Payment Processing Remittance
Collections Payment Processing Remittance