Monitoring TPS Obligations. (a) The Servicer shall require each TPS to pay all undisputed and all disputed Billed RTC Charges or make a financial arrangement for such payment according to the applicable TPS Service Agreement; and (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 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 RTC RRB Charges or make a financial arrangement for such payment according to the applicable TPS Service Agreement; and
(b) For all TPSs subject to any remittance option where such TPS is liable for all amounts billed in respect of Customers customers served thereby regardless of the amounts received therefrom, the Servicer shall monitor payment compliance and take all actions permitted by the DTE NHPUC and the Financing Finance Order in the event of a default in payment.
Appears in 4 contracts
Samples: Servicing Agreement, 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 RTC Charges or make a financial arrangement for such payment according to the applicable TPS Service Agreement; and
and (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 (Wmeco Funding LLC), Transition Property Servicing Agreement (Wmeco Funding LLC), Transition Property Servicing Agreement (B E C Energy)
Monitoring TPS Obligations. (a) The Servicer shall require each TPS to pay all undisputed and all disputed Billed RTC RRB Charges or make a financial arrangement for such payment according to the applicable TPS Service Agreement; and
and (b) For all TPSs subject to any remittance option where such TPS is liable for all amounts billed in respect of Customers customers served thereby regardless of the amounts received therefrom, the Servicer shall monitor payment compliance and take all actions permitted by the DTE NHPUC and the Financing Finance Order in the event of a default in payment.
Appears in 3 contracts
Samples: Servicing Agreement (PSNH Funding LLC 2), Servicing Agreement (Northeast Utilities System), Servicing Agreement (PSNH Funding LLC)
Monitoring TPS Obligations. (a) The Servicer shall require each TPS to pay all undisputed and all disputed Billed RTC RRB Charges or make a financial arrangement for such payment according to the applicable TPS Service Agreement; and
(b) For all TPSs subject to any remittance option where such TPS is liable for all amounts billed in respect of Customers customers served thereby regardless of the amounts received therefrom, the Servicer shall monitor payment compliance and take all actions permitted by the DTE DPUC and the Financing Order in the event of a default in payment.
Appears in 2 contracts
Samples: Transition Property Servicing Agreement (Northeast Utilities System), Transition Property Servicing Agreement (Cl&p Funding LLC)
Monitoring TPS Obligations. (a) The Servicer shall require each TPS to pay all undisputed and all disputed Billed RTC RRB Charges or make a financial arrangement for such payment according to the applicable TPS Service Agreement; and
(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 NHPUC and the Financing Finance Order in the event of a default in payment.
Appears in 2 contracts
Samples: Servicing Agreement (PSNH Funding LLC 3), Servicing Agreement (PSNH Funding LLC 3)
Monitoring TPS Obligations. (a) The Servicer shall require each TPS to pay all undisputed and all disputed Billed RTC RRB Charges or make a financial arrangement for such payment according to the applicable TPS Service Agreement; and
and (b) For all TPSs subject to any remittance option where such TPS is liable for all amounts billed in respect of Customers customers served thereby regardless of the amounts received therefrom, the Servicer shall monitor payment compliance and take all actions permitted by the DTE 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)
