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Common use of Maintenance of Operations Clause in Contracts

Maintenance of Operations. Subject to Section 6.03, Duke Energy Progress agrees to continue, unless prevented by circumstances beyond its control, to operate its electric distribution system to provide service so long as it is acting as the Servicer under this Servicing Agreement.

Appears in 7 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 Operations. Subject to Section 6.03, Duke Energy Progress Carolinas agrees to continue, unless prevented by circumstances beyond its control, to operate its electric distribution system to provide service so long as it is acting as the Servicer under this Servicing Agreement.

Appears in 3 contracts

Samples: Storm Recovery Property Servicing Agreement (Duke Energy Carolinas NC Storm Funding LLC), Storm Recovery Property Servicing Agreement (Duke Energy Carolinas NC Storm Funding LLC), Servicing Agreement (Duke Energy Carolinas NC Storm Funding LLC)