Non-Routine Periodic Adjustments. (1) Whenever the Servicer determines that the existing model for calculating the RRB Charge should be amended or revised, subject to the consent of the Issuer under the conditions set forth in Section 3.18 of the Indenture, the Servicer shall file a Non-Routine True-Up Letter with the NHPUC designating the adjustments to such model and any corresponding adjustments to the RRB Charge (collectively, a "Non-Routine Periodic Adjustment"), subject to the review and approval of the NHPUC pursuant to the Finance Order.
Appears in 4 contracts
Samples: Servicing Agreement (PSNH Funding LLC 2), Servicing Agreement (Northeast Utilities System), Servicing Agreement (Northeast Utilities System)
Non-Routine Periodic Adjustments. (1) Whenever the Servicer determines that the existing model for calculating the RRB Charge should be amended or revised, subject to the consent of the Issuer under the conditions set forth in Section 3.18 of the Indenture, the Servicer shall file a Non-Routine True-Up Letter with the NHPUC designating the adjustments to such model and any corresponding adjustments to the RRB Charge (collectively, a "“Non-Routine Periodic Adjustment"”), subject to the review and approval of the NHPUC pursuant that such adjustment is necessary to ensure the Finance Ordertimely recovery of RRB Costs, with such review and determination to occur within 30 days of such filing.
Appears in 3 contracts
Samples: Servicing Agreement, Servicing Agreement (PSNH Funding LLC 3), Servicing Agreement (PSNH Funding LLC 3)
Non-Routine Periodic Adjustments. (1) Whenever the Servicer determines that the existing model for calculating the RRB Charge should be amended or revised, subject to the consent of the Note Issuer under the conditions set forth in Section 3.18 of the Note Indenture, the Servicer shall file a Non-Routine True-Up Letter with the NHPUC DPUC designating the adjustments to such model and any corresponding adjustments to the RRB Charge (collectively, a "Non-Routine Periodic Adjustment"), subject to the review and approval of the NHPUC DPUC pursuant to the Finance Financing Order.
Appears in 2 contracts
Samples: Transition Property Servicing Agreement (Cl&p Funding LLC), Transition Property Servicing Agreement (Northeast Utilities System)
Non-Routine Periodic Adjustments. (1) Whenever the Servicer determines that the existing model for calculating the RRB Charge should be amended or revised, subject to the consent of the Issuer under the conditions set forth in Section 3.18 of the Indenture, the Servicer shall file a Non-Routine True-Up Letter with the NHPUC designating the adjustments to such model and any corresponding adjustments to the RRB Charge (collectively, a "Non-Routine Periodic Adjustment"), subject to ------------------------------- the review and approval of the NHPUC pursuant to the Finance Order.
Appears in 1 contract
Non-Routine Periodic Adjustments. (1) Whenever the Servicer determines that the existing model for calculating the RRB Charge should be amended or revised, subject to the consent of the Issuer under the conditions set forth in Section 3.18 [3.18] of the Indenture, the Servicer shall file a Non-Routine True-Up Letter with the NHPUC designating the adjustments to such model and any corresponding adjustments to the RRB Charge (collectively, a "Non-“Non- Routine Periodic Adjustment"”), subject to the review and approval of the NHPUC pursuant to the Finance Order.
Appears in 1 contract
Samples: Servicing Agreement
