Common use of Monitoring of Performance and Payment by REPs Clause in Contracts

Monitoring of Performance and Payment by REPs. In addition to any actions required by the Tariff, PUCT Regulations or other applicable law, the Servicer shall undertake to do the following: (i) The Servicer shall require each REP to pay all System Restoration Charges (less any applicable charge-off allowances) billed to such REP in accordance with the provisions of the Tariff, other tariffs and PUCT Regulations (whether or not disputed). The Servicer shall monitor compliance by each REP with all Remittance Requirements, REP Credit Requirements and REP Deposit Requirements and take prompt action to enforce such requirements. (ii) Where a REP is responsible for billing the Customers, the Servicer shall, consistent with its customary billing practices, xxxx each Applicable REP no less frequently than the billing cycle otherwise applicable to such Customers. (iii) The Servicer shall work with REPs to resolve any disputes using the dispute resolution procedures established in the Tariff and any PUCT Regulations, in accordance with the Servicing Standard.

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)

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Monitoring of Performance and Payment by REPs. In addition to any actions required by the TariffTariffs, PUCT Regulations or other applicable law, the Servicer shall undertake to do the following: (i) The Servicer shall require each REP to pay all System Restoration Charges (less any applicable charge-off allowances) billed to such REP in accordance with the provisions of the Initial Tariff, other tariffs and PUCT Regulations (whether or not disputed). The Servicer shall monitor compliance by each REP with all Remittance Requirements, REP Credit Requirements and REP Deposit Requirements and take prompt action to enforce such requirements. (ii) Where a REP is responsible for billing the Customers, the Servicer shall, consistent with its customary billing practices, xxxx each Applicable REP no less frequently than the billing cycle otherwise applicable to such Customers. (iii) The Servicer shall work with REPs to resolve any disputes using the dispute resolution procedures established in the Initial Tariff and any PUCT Regulations, in accordance with the Servicing Standard.

Appears in 3 contracts

Samples: Transition Property Servicing Agreement (Entergy Texas, Inc.), Transition Property Servicing Agreement (Entergy Texas, Inc.), Transition Property Servicing Agreement (Entergy Texas, Inc.)

Monitoring of Performance and Payment by REPs. In addition to any actions required by the Tariff, PUCT Regulations or other applicable law, the Servicer shall undertake to do the following: (i) The Servicer shall require each REP to pay all System Restoration Transition Charges (less any applicable charge-off allowances) billed to such REP in accordance with the provisions of the Tariff, other tariffs and PUCT Regulations (whether or not disputed). The Servicer shall monitor compliance by each REP with all Remittance Requirements, REP Credit Requirements and REP Deposit Requirements and take prompt action to enforce such requirements. (ii) Where a REP is responsible for billing the Customers, the Servicer shall, consistent with its customary billing practices, xxxx bxxx each Applicable REP no less frequently than the billing cycle otherwise applicable to such Customers. (iii) The Servicer shall work with REPs to resolve any disputes using the dispute resolution procedures established in the Tariff and any PUCT Regulations, in accordance with the Servicing Standard.

Appears in 2 contracts

Samples: Transition Property Servicing Agreement (AEP Transition Funding III LLC), Transition Property Servicing Agreement (AEP Transition Funding III LLC)

Monitoring of Performance and Payment by REPs. In addition to any actions required by the TariffTariffs, PUCT Regulations or other applicable law, the Servicer shall undertake to do the following: (i) The Servicer shall require each REP to pay all System Restoration Transition Charges (less any applicable charge-off allowances) billed to such REP in accordance with the provisions of the Initial Tariff, other tariffs each Subsequent Tariff and PUCT Regulations (whether or not disputed). The Servicer shall monitor compliance by each REP with all Remittance Requirements, REP Credit Requirements and REP Deposit Requirements and take prompt action to enforce such requirements. (ii) Where a REP is responsible for billing the Customers, the Servicer shall, consistent with its customary billing practices, xxxx each Applicable REP no less frequently than the billing cycle otherwise applicable to such Customers. (iii) The Servicer shall work with REPs to resolve any disputes using the dispute resolution procedures established in the Initial Tariff, each Subsequent Tariff and any PUCT Regulations, in accordance with the Servicing Standard.

Appears in 2 contracts

Samples: Transition Property Servicing Agreement (Aep Texas Central Co), Transition Property Servicing Agreement (Aep Texas Central Co)

Monitoring of Performance and Payment by REPs. In addition to any actions required by the TariffTariffs, PUCT Regulations or other applicable law, the Servicer shall undertake to do the following: (i) : The Servicer shall require each REP to pay all System Restoration Transition Charges (less any applicable charge-off allowances) billed to such REP in accordance with the provisions of the Initial Tariff, other tariffs each Subsequent Tariff and PUCT Regulations (whether or not disputed). The Servicer shall monitor compliance by each REP with all Remittance Requirements, REP Credit Requirements and REP Deposit Requirements and take prompt action to enforce such requirements. (ii) Where a REP is responsible for billing the Customers, the Servicer shall, consistent with its customary billing practices, xxxx each Applicable REP no less frequently than the billing cycle otherwise applicable to such Customers. (iii) The Servicer shall work with REPs to resolve any disputes using the dispute resolution procedures established in the Initial Tariff, each Subsequent Tariff and any PUCT Regulations, in accordance with the Servicing Standard.

Appears in 1 contract

Samples: Transition Property Servicing Agreement (Entergy Gulf States Reconstruction Funding I, LLC)

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Monitoring of Performance and Payment by REPs. In addition to any actions required by the TariffTariffs, PUCT Regulations or other applicable law, the Servicer shall undertake to do the following: (i) : The Servicer shall require each REP to pay all System Restoration Transition Charges (less any applicable charge-off allowances) billed to such REP in accordance with the provisions of the Initial Tariff, other tariffs and PUCT Regulations (whether or not disputed). The Servicer shall monitor compliance by each REP with all Remittance Requirements, REP Credit Requirements and REP Deposit Requirements and take prompt action to enforce such requirements. (ii) . Where a REP is responsible for billing the Customers, the Servicer shall, consistent with its customary billing practices, xxxx each Applicable REP no less frequently than the billing cycle otherwise applicable to such Customers. (iii) . The Servicer shall work with REPs to resolve any disputes using the dispute resolution procedures established in the Initial Tariff and any PUCT Regulations, in accordance with the Servicing Standard.

Appears in 1 contract

Samples: Transition Property Servicing Agreement (Entergy Texas Restoration Funding, LLC)

Monitoring of Performance and Payment by REPs. In addition to any actions required by the TariffTariffs, PUCT Regulations or other applicable law, the Servicer shall undertake to do the following: (i) The Servicer shall require each REP to pay all System Restoration Transition Charges (less any applicable charge-off allowances) billed to such REP in accordance with the provisions of the Initial Tariff, other tariffs and PUCT Regulations (whether or not disputed). The Servicer shall monitor compliance by each REP with all Remittance Requirements, REP Credit Requirements and REP Deposit Requirements and take prompt action to enforce such requirements. (ii) Where a REP is responsible for billing the Customers, the Servicer shall, consistent with its customary billing practices, xxxx bxxx each Applicable REP no less frequently than the billing cycle otherwise applicable to such Customers. (iii) The Servicer shall work with REPs to resolve any disputes using the dispute resolution procedures established in the Initial Tariff and any PUCT Regulations, in accordance with the Servicing Standard.

Appears in 1 contract

Samples: Transition Property Servicing Agreement (Entergy Texas Restoration Funding, LLC)

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