Duties of Servicer Generally. The Servicer’s duties in general shall include: (i) management, servicing and administration of, including billing, collecting and posting all collections in respect of the Rider OSW Charge; (ii) calculating usage; (iii) investigating and handling delinquencies (and furnishing readily available reports with respect to such delinquencies to the Project Company); (iv) processing and depositing collections and making periodic remittances; (v) furnishing periodic and current reports readily available to the Project Company, as applicable; (vi) making all filings with the Commission and taking such other action as may be necessary in connection with the Rider OSW Charges, including using commercially reasonable best efforts to cause any defaulted, written off, or otherwise uncollectible Rider OSW Charges to be approved for cost recovery by the Commission under the Rider OSW Order; and (vii) performing such other duties as may be specified under a Rider OSW Order to be performed by it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any Commission Regulations, Rider OSW Order and any other applicable Requirement of Law, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a)(i), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have the duties and responsibilities set forth in Exhibit A.
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Samples: Servicing Agreement
Duties of Servicer Generally. The Servicer’s duties in general shall include:
(i) management, servicing and administration of, including billing, collecting and posting all collections in respect of the Rider OSW Charge;
(ii) calculating usage;
(iii) investigating and handling delinquencies (and furnishing readily available reports with respect to such delinquencies to the Project Company);
(iv) processing and depositing collections and making periodic remittances;remittances;
(v) furnishing periodic and current reports readily available to the Project Company, as applicable;applicable;
(vi) making all filings with the Commission and taking such other action as may be necessary in connection with the Rider OSW Charges, including using commercially reasonable best efforts to cause any defaulted, written off, or otherwise uncollectible Rider OSW Charges to be approved for cost recovery by the Commission under the Rider OSW Order; and
(vii) performing such other duties as may be specified under a Rider OSW Order to be performed by it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any Commission Regulations, Rider OSW Order and any other applicable Requirement of Law, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a)(i), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have the duties and responsibilities set forth in Exhibit A.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Virginia Electric & Power Co)