Common use of Monthly Servicer’s Certificate Clause in Contracts

Monthly Servicer’s Certificate. On or before the last Servicer Business Day of each month, the Servicer shall prepare and deliver to the Issuer, the Indenture Trustee, the Commission and the Rating Agencies a written report substantially in the form of Exhibit B (a “Monthly Servicer’s Certificate”) setting forth certain information relating to Storm Recovery Charge Payments in connection with the Storm Recovery Charges received by the Servicer during the Collection Period preceding such date; provided, however, that, for any month in which the Servicer is required to deliver a Semi-Annual Servicer’s Certificate pursuant to Section 4.01(c)(ii), the Servicer shall prepare and deliver the Monthly Servicer’s Certificate no later than the date of delivery of such Semi-Annual Servicer’s Certificate. 1 Note to Draft: May be edited based on SEC comments.

Appears in 6 contracts

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

AutoNDA by SimpleDocs

Monthly Servicer’s Certificate. On or before the last Servicer Business Day of each month, the Servicer shall prepare and deliver to the Issuer, the Indenture Trustee, the Commission and the Rating Agencies a written report substantially in the form of Exhibit B (a “Monthly Servicer’s Certificate”) setting forth certain information relating to Storm Recovery Charge Payments in connection with the Storm Recovery Charges received by the Servicer during the Collection Period preceding such date; provided, however, that, for any month in which the Servicer is required to deliver a Semi-Annual Servicer’s Certificate pursuant to Section 4.01(c)(ii), the Servicer shall prepare and deliver the Monthly Servicer’s Certificate no later than the date of delivery of such Semi-Annual Servicer’s Certificate. 1 Note to Draft: May be edited based on SEC comments.

Appears in 4 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)

Monthly Servicer’s Certificate. On or before the last Servicer Business Day of each month, the Servicer shall prepare and deliver to the Issuer, the Indenture Trustee, the Commission LPSC and the Rating Agencies a written report substantially in the form of Exhibit B A (a “Monthly Servicer’s Certificate”) setting forth certain information relating to Storm Recovery Charge Payments in connection with the Storm Recovery Charges received by the Servicer during the Collection Period preceding such date; provided, however, that, for any month in which the Servicer is required to deliver a Semi-Annual Servicer’s Certificate pursuant to Section 4.01(c)(ii4.01(g)(i), the Servicer shall prepare and deliver the Monthly Servicer’s Certificate no later than the date of delivery of such Semi-Annual Servicer’s Certificate. 1 Note to Draft: May be edited based on SEC comments.

Appears in 2 contracts

Samples: Recovery Property Servicing Agreement (Cleco Power LLC), Servicing Agreement (Cleco Power LLC)

AutoNDA by SimpleDocs

Monthly Servicer’s Certificate. On or before the last Servicer Business Day of each month, the Servicer shall prepare and deliver to the Issuer, the Indenture Trustee, the Commission LPSC and the Rating Agencies a written report substantially in the form of Exhibit B A (a “Monthly Servicer’s Certificate”) setting forth certain information relating to Storm Recovery Charge Payments payments in connection with the Storm Recovery Charges received by the Servicer during the Collection Period preceding such date; provided, however, that, for any month in which the Servicer is required to deliver a Semi-Annual Servicer’s Certificate pursuant to Section 4.01(c)(ii4.01(g)(i), the Servicer shall prepare and deliver the Monthly Servicer’s Certificate no later than the date of delivery of such Semi-Annual Servicer’s Certificate. 1 Note to Draft: May be edited based on SEC comments.

Appears in 2 contracts

Samples: Servicing Agreement (Cleco Power LLC), Servicing Agreement (Cleco Power LLC)

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