Common use of Defending Intangible Transition Property Against Claims Clause in Contracts

Defending Intangible Transition Property Against Claims. The Servicer shall institute any action or proceeding necessary to compel performance by the PUC or the Commonwealth of Pennsylvania of any of their obligations or duties under the Statute or the Qualified Rate Order with respect to the Intangible Transition Property. The costs of any such action shall be payable from ITC Collections as an Operating Expense in accordance with the priorities set forth in Section 8.02(d) of the Indenture at the time such costs are incurred. The Servicer's obligations pursuant to this Section 3.09 shall survive and continue notwithstanding the fact that the payment of Operating Expenses pursuant to the priorities set forth in Section 8.02(d) of the Indenture may be delayed (it being understood that the Servicer may be required to advance its own funds to satisfy its obligations hereunder).

Defending Intangible Transition Property Against Claims. The Servicer shall institute any action or proceeding necessary to compel performance by the PUC or the Commonwealth of Pennsylvania of any of their obligations or duties under the Statute or the Qualified Rate Order with respect to the Intangible Transition Property. The costs of any such action shall be payable from ITC Collections as an Operating Expense in accordance with the priorities set forth in Section 8.02(d) of the Indenture at the time such costs are incurred. The Servicer's obligations pursuant to this Section 3.09 shall 233 survive and continue notwithstanding the fact that the payment of Operating Expenses pursuant to the priorities set forth in Section 8.02(d) of the Indenture may be delayed (it being understood that the Servicer may be required to advance its own funds to satisfy its obligations hereunder).

Defending Intangible Transition Property Against Claims. The Servicer shall institute any action or proceeding necessary to compel performance by the PUC or the Commonwealth of Pennsylvania of any of their obligations or duties under the Statute Competition Act or the Qualified Rate Order with respect to the Intangible Transition Property. The costs of any such action reasonably allocated by the Servicer to the Serviced Intangible Transition Property shall be payable from ITC Collections as an Operating Expense in accordance with the priorities set forth in Section 8.02(d) of the Indenture at the time such costs are incurredIndenture. The Servicer's obligations pursuant to this Section 3.09 3.10 shall survive and continue notwithstanding the fact that the payment of Operating Expenses pursuant to the priorities set forth in Section 8.02(d) of the Indenture may be delayed (it being understood that the Servicer may be required to advance its own funds to satisfy its obligations hereunder).

Defending Intangible Transition Property Against Claims. The Servicer shall institute any action or proceeding necessary to compel performance by the PUC or the Commonwealth of Pennsylvania of any of their obligations or duties under the Statute Competition Act or the Qualified Rate Order with respect to the Intangible Transition Property. The costs of any such action reasonably allocated by the Servicer to the Transferred Intangible Transition Property shall be payable from ITC Collections as an Operating Expense in accordance with the priorities set forth in Section 8.02(d) of the Indenture at the time such costs are incurredIndenture. The Servicer's obligations pursuant to this Section 3.09 3.10 shall survive and continue notwithstanding the fact that the payment of Operating Expenses pursuant to the priorities set forth in Section 8.02(d) of the Indenture may be delayed (it being understood that the Servicer may be required to advance its own funds to satisfy its obligations hereunder).