Maintenance of Accounts and Records. (a) The Servicer shall maintain accounts and records as to the Recovery Property accurately and in accordance with its standard accounting procedures and in sufficient detail to permit reconciliation between Fixed Recovery Charge Payments received by the Servicer and FRC Collections from time to time deposited in the Collection Account. (b) The Servicer shall permit the Indenture Trustee and its agents at any time during normal business hours, upon reasonable notice to the Servicer and to the extent it does not unreasonably interfere with the Servicer’s normal operations, to inspect, audit and make copies of and abstracts from the Servicer’s records regarding the Recovery Property and the Fixed Recovery Charges. Nothing in this Section 8.02(b) shall affect the obligation of the Servicer to observe any applicable law (including any CPUC Regulation) prohibiting disclosure of information regarding the Consumers, and the failure of the Servicer to provide access to such information as a result of such obligation shall not constitute a breach of this Section 8.02(b).
Appears in 21 contracts
Samples: Recovery Property Servicing Agreement (PACIFIC GAS & ELECTRIC Co), Recovery Property Servicing Agreement (PG&E Recovery Funding LLC), Recovery Property Servicing Agreement (PG&E Recovery Funding LLC)
Maintenance of Accounts and Records. (a) The Servicer shall maintain accounts and records as to the Storm Recovery Property accurately and in accordance with its standard accounting procedures and in sufficient detail to permit reconciliation between Fixed Storm Recovery Charge Payments received by the Servicer and FRC Storm Recovery Charge Collections from time to time deposited in the Collection Account.
(b) The Servicer shall permit the Indenture Trustee and its agents at any time during normal business hours, upon reasonable notice to the Servicer and to the extent it does not unreasonably interfere with the Servicer’s normal operations, to inspect, audit and make copies of and abstracts from the Servicer’s records regarding the Storm Recovery Property and the Fixed Storm Recovery Charges. Nothing in this Section 8.02(b) shall affect the obligation of the Servicer to observe any applicable law (including any CPUC Commission Regulation) prohibiting disclosure of information regarding the ConsumersCustomers, and the failure of the Servicer to provide access to such information as a result of such obligation shall not constitute a breach of this Section 8.02(b).
Appears in 10 contracts
Samples: Storm Recovery Property Servicing Agreement (Duke Energy Progress SC Storm Funding LLC), Storm Recovery Property Servicing Agreement (Duke Energy Progress SC Storm Funding LLC), Storm Recovery Property Servicing Agreement (Duke Energy Progress SC Storm Funding LLC)
Maintenance of Accounts and Records. (a) The Servicer shall maintain accounts and records as to the Phase-In-Recovery Property accurately and in accordance with its standard accounting procedures and in sufficient detail to permit reconciliation between Fixed Phase-In-Recovery Charge Payments received by the Servicer Collections and FRC Collections from time to time deposited in the Collection AccountDeemed Phase-In-Recovery Charge Payments.
(b) The Servicer shall permit the Indenture Bond Trustee and its agents at any time during normal business hours, upon reasonable notice to the Servicer and to the extent it does not unreasonably interfere with the Servicer’s normal operations, to inspect, audit and make copies of and abstracts from the Servicer’s records regarding the Phase-In-Recovery Property and the Fixed Phase-In-Recovery ChargesCharge. Nothing in this Section 8.02(b) shall affect the obligation of the Servicer to observe any applicable law (including any CPUC PUCO Regulation) prohibiting disclosure of information regarding the ConsumersCustomers, and the failure of the Servicer to provide access to such information as a result of such obligation shall not constitute a breach of this Section 8.02(b).
Appears in 6 contracts
Samples: Phase in Recovery Property Servicing Agreement, Phase in Recovery Property Servicing Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013), Phase in Recovery Property Servicing Agreement (FirstEnergy Ohio PIRB Special Purpose Trust 2013)
Maintenance of Accounts and Records. (a) The Servicer shall maintain accounts and records as to the Recovery Series Property accurately and in accordance with its standard accounting procedures and in sufficient detail to permit reconciliation between Fixed Recovery Energy Transition Charge Payments received by the Servicer and FRC Energy Transition Charge Collections from time to time deposited in the Collection Account.
(b) The Servicer shall permit the Indenture Trustee and its agents at any time during normal business hours, upon reasonable notice to the Servicer and to the extent it does not unreasonably interfere with the Servicer’s normal operations, to inspect, audit and make copies of and abstracts from the Servicer’s records regarding the Recovery Series Property and the Fixed Recovery Series Charges. Nothing in this Section 8.02(b) shall affect the obligation of the Servicer to observe any applicable law (including any CPUC Commission Regulation) prohibiting disclosure of information regarding the ConsumersCustomers, and the failure of the Servicer to provide access to such information as a result of such obligation shall not constitute a breach of this Section 8.02(b).
Appears in 4 contracts
Samples: Energy Transition Property Servicing Agreement (PNM Energy Transition Bond Co I, LLC), Energy Transition Property Servicing Agreement (PNM Energy Transition Bond Co I, LLC), Energy Transition Property Servicing Agreement (PNM Energy Transition Bond Co I, LLC)
Maintenance of Accounts and Records. (a) The Servicer shall maintain accounts and records as to the Recovery Transition Property accurately and in accordance with its standard accounting procedures and in sufficient detail to permit reconciliation between Fixed Recovery Charge SRC Payments received by the Servicer and FRC SRC Collections from time to time deposited in the Collection Account.
(b) The Servicer shall permit the Indenture Trustee and its agents at any time during normal business hours, upon reasonable notice to the Servicer and to the extent it does not unreasonably interfere with the Servicer’s normal operations, to inspect, audit and make copies of and abstracts from the Servicer’s records regarding the Recovery Transition Property and the Fixed Recovery System Restoration Charges. Nothing in this Section 8.02(b8.03(b) shall affect the obligation of the Servicer to observe any applicable law (including any CPUC PUCT Regulation) prohibiting disclosure of information regarding the ConsumersCustomers, and the failure of the Servicer to provide access to such information as a result of such obligation shall not constitute a breach of this Section 8.02(b8.03(b).
Appears in 3 contracts
Samples: Transition Property Servicing Agreement (AEP Texas Restoration Funding LLC), Transition Property Servicing Agreement (AEP Texas Restoration Funding LLC), Transition Property Servicing Agreement (AEP Texas Restoration Funding LLC)
Maintenance of Accounts and Records. (a) The Servicer shall maintain accounts and records as to the Recovery CRR Property accurately and in accordance with its standard accounting procedures and in sufficient detail to permit reconciliation between Fixed Recovery CRR Charge Payments received by the Servicer and FRC CRR Charge Collections from time to time deposited in the Collection Account.
(b) The Servicer shall permit the Indenture Trustee and its agents at any time during normal business hours, upon reasonable notice to the Servicer and to the extent it does not unreasonably interfere with the Servicer’s normal operations, to inspect, audit and make copies of and abstracts from the Servicer’s records regarding the Recovery CRR Property and the Fixed Recovery CRR Charges. Nothing in this Section 8.02(b8.03(b) shall affect the obligation of the Servicer to observe any applicable law (including any CPUC Commission Regulation) prohibiting disclosure of information regarding the ConsumersCustomers, and the failure of the Servicer to provide access to such information as a result of such obligation shall not constitute a breach of this Section 8.02(b8.03(b).
Appears in 3 contracts
Samples: Property Servicing Agreement (Appalachian Consumer Rate Relief Funding LLC), Property Servicing Agreement (Appalachian Consumer Rate Relief Funding LLC), Property Servicing Agreement (Appalachian Consumer Rate Relief Funding LLC)
Maintenance of Accounts and Records. (a) The Servicer shall maintain accounts and records as to the Recovery Environmental Control Property accurately and in accordance with its standard accounting procedures and in sufficient detail to permit reconciliation between Fixed Recovery EC Charge Payments Collections received by the Servicer and FRC the Estimated EC Charge Collections from time to time deposited in the Collection Account.
(b) The Servicer shall permit the Indenture Trustee and its agents at any time during normal business hours, upon reasonable notice to the Servicer and to the extent it does not unreasonably interfere with the Servicer’s normal operations, to inspect, audit and make copies of and abstracts from the Servicer’s records regarding the Recovery Environmental Control Property and the Fixed Recovery Environmental Control Charges. Nothing in this Section 8.02(b) shall affect the obligation of the Servicer to observe any applicable law (including any CPUC PSCW Regulation) prohibiting disclosure of information regarding the ConsumersCustomers, and the failure of the Servicer to provide access to such information as a result of such obligation shall not constitute a breach of this Section 8.02(b).
Appears in 3 contracts
Samples: Environmental Control Property Servicing Agreement (WEPCo Environmental Trust Finance I, LLC), Environmental Control Property Servicing Agreement (WEPCo Environmental Trust Finance I, LLC), Environmental Control Property Servicing Agreement (WEPCo Environmental Trust Finance I, LLC)
Maintenance of Accounts and Records. (a) The Servicer shall maintain accounts and records as to the Recovery Property accurately and in accordance with its standard accounting procedures and in sufficient detail to permit reconciliation between Fixed Recovery Charge Payments received by the Servicer and FRC Recovery Charge Collections from time to time deposited in into the Collection Account.
(b) The Servicer shall permit the Indenture Trustee and its agents at any time during normal business hours, upon reasonable notice to the Servicer and to the extent it does not unreasonably interfere with the Servicer’s normal operations, to inspect, audit and make copies of and abstracts from the Servicer’s records regarding the Recovery Property and the Fixed Recovery Charges. Nothing in this Section 8.02(b) shall affect the obligation of the Servicer to observe any applicable law (including any CPUC NYPSC Regulation) prohibiting disclosure of information regarding the ConsumersCustomers, and the failure of the Servicer to provide access to such information as a result of such obligation shall not constitute a breach of this Section 8.02(b).
Appears in 2 contracts
Samples: Recovery Property Servicing Agreement (NYSEG Storm Funding LLC), Recovery Property Servicing Agreement (RG&E Storm Funding LLC)
Maintenance of Accounts and Records. (a) The Servicer shall maintain accounts and records as to the Storm Recovery Property accurately and in accordance with its standard accounting procedures and in sufficient detail to permit reconciliation between Fixed Recovery Charge SRC Payments received by the Servicer and FRC Collections SRC Remittances from time to time deposited in the Collection Account.
(ba) The Servicer shall permit the Indenture Trustee and its agents at any time during normal business hours, upon reasonable notice to the Servicer and to the extent it does not unreasonably interfere with the Servicer’s normal operations, to inspect, audit and make copies of and abstracts from the Servicer’s records regarding the Storm Recovery Property and the Fixed Storm Recovery Charges. Nothing in this Section 8.02(b8.03(b) shall affect the obligation of the Servicer to observe any applicable law (including any CPUC Council Regulation) prohibiting disclosure of information regarding the ConsumersCustomers, and the failure of the Servicer to provide access to such information as a result of such obligation shall not constitute a breach of this Section 8.02(b8.03(b).
Appears in 2 contracts
Samples: Storm Recovery Property Servicing Agreement (Entergy New Orleans Storm Recovery Funding I, L.L.C.), Storm Recovery Property Servicing Agreement (Entergy New Orleans Storm Recovery Funding I, L.L.C.)
Maintenance of Accounts and Records. (a) The Servicer shall maintain accounts and records as to the Investment Recovery Property accurately and in accordance with its standard accounting procedures and in sufficient detail to permit reconciliation between Fixed Recovery Charge IRC Payments received by the Servicer and FRC Collections IRC Remittances from time to time deposited in the Collection AccountAccounts.
(b) The Servicer shall permit the Indenture Trustee and its agents at any time during normal business hours, upon reasonable notice to the Servicer and to the extent it does not unreasonably interfere with the Servicer’s normal operations, to inspect, audit and make copies of and abstracts from the Servicer’s records regarding the Investment Recovery Property and the Fixed Investment Recovery Charges. Nothing in this Section 8.02(b8.03(b) shall affect the obligation of the Servicer to observe any applicable law (including any CPUC LPSC Regulation) prohibiting disclosure of information regarding the ConsumersCustomers, and the failure of the Servicer to provide access to such information as a result of such obligation shall not constitute a breach of this Section 8.02(b8.03(b).
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.)
Maintenance of Accounts and Records. (a) The Servicer shall maintain accounts and records as to the Storm Recovery Property accurately and in accordance with its standard accounting procedures and in sufficient detail to permit reconciliation between Fixed Recovery Charge SRC Payments received by the Servicer and FRC Collections SRC Remittances from time to time deposited in the Collection Account.
(b) The Servicer shall permit the Indenture Trustee and its agents at any time during normal business hours, upon reasonable notice to the Servicer and to the extent it does not unreasonably interfere with the Servicer’s normal operations, to inspect, audit and make copies of and abstracts from the Servicer’s records regarding the Storm Recovery Property and the Fixed Storm Recovery Charges. Nothing in this Section 8.02(b) shall affect the obligation of the Servicer to observe any applicable law (including any CPUC APSC Regulation) prohibiting disclosure of information regarding the ConsumersCustomers, and the failure of the Servicer to provide access to such information as a result of such obligation shall not constitute a breach of this Section 8.02(b).
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)
Maintenance of Accounts and Records. (a) The Servicer shall maintain accounts and records as to the Recovery Uplift Property accurately and in accordance with its standard accounting procedures and in sufficient detail to permit reconciliation between Fixed Recovery Uplift Charge Payments received by the Servicer and FRC Uplift Charge Collections from time to time deposited in the Collection Account.
(b) The Servicer shall permit the Indenture Trustee and its agents at any time during normal business hours, upon reasonable notice to the Servicer and to the extent it does not unreasonably interfere with the Servicer’s 's normal operations, to inspect, audit and make copies of and abstracts from the Servicer’s 's records regarding the Recovery Uplift Property and the Fixed Recovery Uplift Charges. Nothing in this Section 8.02(b8.03(b) shall affect the obligation of the Servicer to observe any applicable law (including any CPUC Regulation) or Commission Regulation prohibiting disclosure of information regarding the Consumers, and the failure of the Servicer to provide access to such information as a result of such obligation shall not constitute a breach of this Section 8.02(b8.03(b).
Appears in 1 contract
Samples: Property Management & Real Estate
Maintenance of Accounts and Records. (a) The Servicer shall maintain accounts and records as to the Storm Recovery Property accurately and in accordance with its standard accounting procedures and in sufficient detail to permit reconciliation between Fixed Recovery Charge SRC Payments received by the Servicer and FRC Collections SRC Remittances from time to time deposited in the Collection Account.
(b) The Servicer shall permit the Indenture Trustee and its agents at any time during normal business hours, upon reasonable notice to the Servicer and to the extent it does not unreasonably interfere with the Servicer’s normal operations, to inspect, audit and make copies of and abstracts from the Servicer’s records regarding the Storm Recovery Property and the Fixed Storm Recovery Charges. Nothing in this Section 8.02(b) shall affect the obligation of the Servicer to observe any applicable law (including any CPUC APSC Regulation) prohibiting disclosure of information regarding the ConsumersCustomers, and the failure of the Servicer to provide access to such information as a result of such obligation shall not constitute a breach of this Section 8.02(b). SECTION 8.03.
Appears in 1 contract