Frequency of Bills; Billing Practices. In accordance with the Servicer’s then-existing Servicer Policies and Practices for its own charges, as such Servicer Policies and Practices may be modified from time to time, the Servicer shall generate and issue a Bxxx to each Customer, for such Customers’ Investment Recovery Charges once every applicable Billing Period, at the appropriate time, with the same frequency and on the same Bxxx as that containing the Servicer’s own charges to such Customers. In the event that the Servicer makes any material modification to these practices, it shall notify the Issuer, the Indenture Trustee, and the Rating Agencies prior to the effectiveness of any such modification; and the Servicer may not make any modification that will materially adversely affect the Holders.
Appears in 2 contracts
Samples: Investment Recovery Property Servicing Agreement (Entergy Louisiana Investment Recovery Funding I, L.L.C.), Investment Recovery Property Servicing Agreement (Entergy Louisiana Investment Recovery Funding I, L.L.C.)
Frequency of Bills; Billing Practices. In accordance with the Servicer’s then-existing Servicer Policies and Practices for its own charges, as such Servicer Policies and Practices may be modified from time to time, the Servicer shall generate and issue a Bxxx Xxxx to each Customer, Customer for such Customers’ Investment Storm Recovery Charges once every applicable Billing PeriodMonth, at the appropriate same time, with the same frequency and on the same Bxxx Xxxx as that containing the Servicer’s own charges to such Customers. In the event that the Servicer makes any material modification to these practices, it shall notify the Issuer, the Indenture Trustee, and the Rating Agencies prior to the effectiveness of any such modification; and provided, however, that the Servicer may not make any modification that will materially adversely affect the Holders.
Appears in 2 contracts
Samples: Storm Recovery Property Servicing Agreement (Entergy Arkansas Restoration Funding, LLC), Storm Recovery Property Servicing Agreement (Entergy Arkansas Restoration Funding, LLC)
Frequency of Bills; Billing Practices. In accordance with the Servicer’s then-existing Servicer Policies and Practices for its own charges, as such Servicer Policies and Practices may be modified from time to time, the Servicer shall generate and issue a Bxxx to Bill xx each Customer, for such Customers’ Investment Storm Recovery Charges once every applicable Billing Period, at the appropriate time, with the same frequency and on the same Bxxx as Bill xx that containing the Servicer’s own charges to such Customers. In the event that the Servicer makes any material modification to these practices, it shall notify the Issuer, the Indenture Trustee, and the Rating Agencies prior to the effectiveness of any such modification; and the Servicer may not make any modification that will materially adversely affect the Holders.
Appears in 2 contracts
Samples: Servicing Agreement (Entergy New Orleans Storm Recovery Funding I, L.L.C.), Servicing Agreement (Entergy New Orleans Storm Recovery Funding I, L.L.C.)
Frequency of Bills; Billing Practices. In accordance with the Servicer’s then-existing Servicer Policies and Practices for its own charges, as such Servicer Policies and Practices may be modified from time to time, the Servicer shall generate and issue a Bxxx Xxxx to each Customer, for such Customers’ Investment Storm Recovery Charges once every applicable Billing Period, at the appropriate time, with the same frequency and on the same Bxxx Xxxx as that containing the Servicer’s own charges to such Customers. In the event that the Servicer makes any material modification to these practices, it shall notify the Issuer, the Indenture Trustee, and the Rating Agencies prior to the effectiveness of any such modification; and the Servicer may not make any modification that will materially adversely affect the Holders.
Appears in 1 contract
Samples: Servicing Agreement (Entergy New Orleans Storm Recovery Funding I, L.L.C.)
Frequency of Bills; Billing Practices. In accordance with the Servicer’s then-existing Servicer Policies and Practices for its own charges, as such Servicer Policies and Practices may be modified from time to time, the Servicer shall generate and issue a Bxxx Xxxx to each Customer, Customer for such Customers’ Investment Storm Recovery Charges once every applicable Billing PeriodMonth, at the appropriate same time, with the same frequency and on the same Bxxx Xxxx as that containing the Servicer’s own charges to such Customers. In the event that the Servicer makes any material modification to these practices, it shall notify the Issuer, the Indenture Trustee, and the Rating Agencies prior to the effectiveness of any such modification; and provided, however, that the Servicer may not make any modification that will materially adversely affect the Holders.. (b)
Appears in 1 contract
Samples: Property Servicing Agreement
Frequency of Bills; Billing Practices. In accordance with the Servicer’s then-existing Servicer Policies and Practices for its own charges, as such Servicer Policies and Practices may be modified from time to time, the Servicer shall generate and issue a Bxxx Xxxx to each Customer, for such Customers’ Investment Storm Recovery Charges once every applicable Billing Period, at the appropriate time, with the same frequency and on the same Bxxx Xxxx as that containing the Servicer’s own charges to such Customers. In the event that the Servicer makes any material modification to these practices, it shall notify the Issuer, the Indenture Trustee, and the Rating Agencies prior to the effectiveness of any such modification; and the Servicer may not make any modification that will materially adversely affect the Holders.. (b)
Appears in 1 contract
Samples: Servicing Agreement