Common use of Effective Date7 Clause in Contracts

Effective Date7. [If annual Routine True-Up Mechanism Advice Letter] In accordance with D. 00-00-000, Routine True-Up Mechanism Advice Letters for required annual Fixed Recovery Charge adjustments shall be submitted at least 50 days before [insert the FRC Annual Adjustment Date] and these adjustments to Fixed Recovery Charges shall be effective on [insert the FRC Annual Adjustment Date]. No CPUC resolution is required. Therefore, these Fixed Recovery Charges shall be effective [insert the FRC Annual Adjustment Date] through until they are changed by the next annual Routine True-Up Mechanism Advice Letters or, if earlier by a Routine Interim True-Up Mechanism or Other Factor Non-Routine True-Up Mechanism adjustment. [If Routine Interim True-Up Mechanism Advice Letter] In accordance with D. 00-00-000, Routine Interim True-Up Mechanism Advice Letters for interim Fixed Recovery Charge adjustments shall be submitted at least 50 days before the proposed effective day of the adjustment, which shall be the first day of a month. No CPUC resolution is required. Therefore, these Fixed Recovery Charges shall be effective until they are changed by the next annual Routine True-Up Mechanism Advice Letters or, if earlier by a Routine Interim True-Up Mechanism or Other Factor Non-Routine True-Up Mechanism adjustment.

Appears in 3 contracts

Samples: Recovery Property Servicing Agreement (SCE Recovery Funding LLC), Recovery Property Servicing Agreement (SCE Recovery Funding LLC), Recovery Property Servicing Agreement (SCE Recovery Funding LLC)

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Effective Date7. [If annual Routine True-Up Mechanism Advice Letter] In accordance with D. 00-00-000, Routine True-Up Mechanism Advice Letters for required annual Fixed Recovery Charge adjustments shall be submitted at least 50 days before [insert the FRC Annual Adjustment Date] and these adjustments to Fixed Recovery Charges shall be effective on [insert the FRC Annual Adjustment Date]. No CPUC resolution is required. Therefore, these Fixed Recovery Charges shall be effective [insert the FRC Annual Adjustment Date] through until they are changed by the next annual Routine True-Up Mechanism Advice Letters or, if earlier by a Routine Interim True-Up Mechanism or Other Factor Non-Routine True-Up Mechanism adjustment. [If Routine Interim True-Up Mechanism Advice Letter] In accordance with D. 00-00-000, Routine Interim True-Up Mechanism Advice Letters for interim Fixed Recovery Charge adjustments shall be submitted at least 50 days before the proposed effective day of the adjustment, which shall be the first day of a month. No CPUC resolution is required. Therefore, these Fixed Recovery Charges shall be effective until they are changed by the next annual Routine True-Up Mechanism Advice Letters or, if earlier by a Routine Interim True-Up Mechanism or Other Factor Non-Routine True-Up Mechanism adjustment.

Appears in 1 contract

Samples: Recovery Property Servicing Agreement (SCE Recovery Funding LLC)

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