Monitoring TPS Obligations. (a) The Servicer shall require each TPS to pay all undisputed and all disputed Billed RRB Charges or make a financial arrangement for such payment according to the applicable TPS Service Agreement; and
Appears in 8 contracts
Samples: Servicing Agreement (PSNH Funding LLC 3), Servicing Agreement (PSNH Funding LLC 3), Servicing Agreement
Monitoring TPS Obligations. (a) The Servicer shall require each TPS to pay all undisputed and all disputed Billed RRB RTC Charges or make a financial arrangement for such payment according to the applicable TPS Service Agreement; and
Appears in 6 contracts
Samples: Transition Property Servicing Agreement (BEC Funding II, LLC), Transition Property Servicing Agreement (BEC Funding II, LLC), Transition Property Servicing Agreement (CEC Funding, LLC)
Monitoring TPS Obligations. (a) The Servicer shall require each TPS to pay all undisputed and all disputed Billed RRB RTC Charges or make a financial arrangement for such payment according to the applicable TPS Service Agreement; andand (b) For all TPSs subject to any remittance option where such TPS is liable for all amounts billed in respect of Customers served thereby regardless of the amounts received therefrom, the Servicer shall monitor payment compliance and take all actions permitted by the DTE and the Financing Order in the event of a default in payment.
Appears in 3 contracts
Samples: Transition Property Servicing Agreement (B E C Energy), Transition Property Servicing Agreement (Wmeco Funding LLC), Transition Property Servicing Agreement (Wmeco Funding LLC)
Monitoring TPS Obligations. (a) The Servicer shall require each TPS to pay all undisputed and all disputed Billed RRB Charges or make a financial arrangement for such payment according to the applicable TPS Service Agreement; andand (b) For all TPSs subject to any remittance option where such TPS is liable for all amounts billed in respect of customers served thereby regardless of the amounts received therefrom, the Servicer shall monitor payment compliance and take all actions permitted by the NHPUC and the Finance Order in the event of a default in payment.
Appears in 3 contracts
Samples: Servicing Agreement (PSNH Funding LLC), Servicing Agreement (PSNH Funding LLC 2), Servicing Agreement (Northeast Utilities System)
Monitoring TPS Obligations. (a) The Servicer shall require each TPS to pay all undisputed and all disputed Billed RRB Charges or make a financial arrangement for such payment according to the applicable TPS Service Agreement; andand (b) For all TPSs subject to any remittance option where such TPS is liable for all amounts billed in respect of customers served thereby regardless of the amounts received therefrom, the Servicer shall monitor payment compliance and take all actions permitted by the DPUC and the Financing Order in the event of a default in payment.
Appears in 1 contract
Samples: Transition Property Servicing Agreement (Cl&p Funding LLC)
