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 Storm Recovery Property accurately and in accordance with its standard accounting procedures and in sufficient detail to permit reconciliation between Storm Recovery Charge Payments received by the Servicer and Storm Recovery Charge Collections from time to time deposited in the Collection Account.

Appears in 10 contracts

Samples: Recovery Property Servicing Agreement (Duke Energy Progress SC Storm Funding LLC), Recovery Property Servicing Agreement (Duke Energy Progress SC Storm Funding LLC), Recovery Property Servicing Agreement (Duke Energy Progress SC Storm Funding LLC)

AutoNDA by SimpleDocs

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 Storm Recovery Charge SRC Payments received by the Servicer and Storm Recovery Charge Collections SRC Remittances from time to time deposited in the Collection Account.

Appears in 5 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.), Servicing Agreement (Entergy New Orleans Storm Recovery Funding I, L.L.C.)

AutoNDA by SimpleDocs

Maintenance of Accounts and Records. (a) The Servicer shall maintain accounts and records as to the Storm Storm-Recovery Property accurately and in accordance with its standard accounting procedures and in sufficient detail to permit reconciliation between Storm Recovery Charge Payments received by the Servicer and Storm Recovery Charge Collections from time to time deposited in the Collection Accountprocedures.

Appears in 3 contracts

Samples: Property Servicing Agreement (FPL Recovery Funding LLC), Florida Power & Light Co, FPL Recovery Funding LLC

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!