Common use of No Servicer Advances Clause in Contracts

No Servicer Advances. Except with regard to Remittances of Estimated RRB Charge Payments, the Servicer shall not make any advances of interest on or principal of the Rate Reduction Bonds.

Appears in 3 contracts

Samples: Servicing Agreement, Servicing Agreement (PSNH Funding LLC 3), Servicing Agreement (PSNH Funding LLC 3)

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No Servicer Advances. Except with regard to Remittances of Estimated RRB Charge Payments, the Servicer shall not make any advances of interest on or principal of the Rate Reduction Bonds.

Appears in 1 contract

Samples: Servicing Agreement

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