Common use of Maintenance of Accounts and Records Clause in Contracts

Maintenance of Accounts and Records. (a) The Servicer shall maintain accounts and records as to the Securitization Property accurately and in accordance with its standard accounting procedures and in sufficient detail to permit reconciliation between Securitization Charge Payments received by the Servicer and Securitization 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 Securitization Property and the Securitization Charges. Nothing in this Section 8.02(b) shall affect the obligation of the Servicer to observe any applicable law (including any Commission Regulation) prohibiting disclosure of information regarding Customers, 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 8 contracts

Samples: Intercreditor Agreement (Consumers 2023 Securitization Funding LLC), Securitization Property Servicing Agreement (Consumers 2023 Securitization Funding LLC), Securitization Property Servicing Agreement (Consumers 2023 Securitization Funding LLC)

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Maintenance of Accounts and Records. (a) The Servicer shall maintain accounts and records as to the Securitization Property accurately and in accordance with its standard accounting procedures and in sufficient detail to permit reconciliation between Securitization Charge Payments Collections received by the Servicer and the Estimated Securitization Charge Collections 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 Securitization Property and the Securitization Charges. Nothing in this Section 8.02(b) shall affect the obligation of the Servicer to observe any applicable law (including any Commission Regulation) prohibiting disclosure of information regarding Customers, 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: Securitization Property Servicing Agreement (DTE Electric Securitization Funding II LLC), Securitization Property Servicing Agreement (DTE Electric Securitization Funding II LLC), Securitization Property Servicing Agreement (DTE Electric Securitization Funding II LLC)

Maintenance of Accounts and Records. (a) The Servicer shall maintain accounts and records as to the Securitization Series Property accurately and in accordance with its standard accounting procedures and in sufficient detail to permit reconciliation between Securitization Nuclear Asset-Recovery Charge Payments received by the Servicer and Securitization Nuclear Asset-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 Securitization Series Property and the Securitization Series Charges. Nothing in this Section 8.02(b) shall affect the obligation of the Servicer to observe any applicable law (including any Commission Regulation) prohibiting disclosure of information regarding Customers, 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: Nuclear Asset Recovery Property Servicing Agreement (Duke Energy Florida, Llc.), Nuclear Asset Recovery Property Servicing Agreement (Duke Energy Florida, Llc.), Nuclear Asset Recovery Property Servicing Agreement (Duke Energy Florida, Llc.)

Maintenance of Accounts and Records. (a) The Servicer shall maintain accounts and records as to the Securitization Phase-In-Recovery Property accurately and in accordance with its standard accounting procedures and in sufficient detail to permit reconciliation between Securitization Phase-In-Recovery Charge Payments received by the Servicer and Securitization Phase-In-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 Securitization Phase-In-Recovery Property and the Securitization Phase-In-Recovery Charges. Nothing in this Section 8.02(b) shall affect the obligation of the Servicer to observe any applicable law (including any Commission Regulation) prohibiting disclosure of information regarding Customers, 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: Phase in Recovery Property Servicing Agreement (Ohio Phase-in-Recovery Funding LLC), Phase in Recovery Property Servicing Agreement (Ohio Phase-in-Recovery Funding LLC), Phase in Recovery Property Servicing Agreement (Ohio Phase-in-Recovery Funding LLC)

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Maintenance of Accounts and Records. (a) The Servicer shall maintain accounts and records as to the Securitization Rate Stabilization Property accurately and in accordance with its standard accounting procedures and in sufficient detail to permit reconciliation between Securitization Charge Payments Actual QRSC Collections received by the Servicer and Securitization Charge Estimated QRSC Collections 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 Securitization Rate Stabilization Property and the Securitization Qualified Rate Stabilization Charges. Nothing in this Section 8.02(b9.02(b) shall affect the obligation of the Servicer to observe any applicable law (including any Commission Regulation) Requirements of Law prohibiting disclosure of information regarding the Customers, 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(b9.02(b).

Appears in 2 contracts

Samples: Rate Stabilization Property Servicing Agreement (RSB Bondco LLC), Rate Stabilization Property Servicing Agreement (RSB Bondco LLC)

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