Common use of Non-Routine Periodic Adjustments Clause in Contracts

Non-Routine Periodic Adjustments. (i) Whenever the Servicer determines that the existing model for calculating the RTC 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 DTE designating the adjustments to such model and any corresponding adjustments to the RTC Charge (collectively, a “Non-Routine Periodic Adjustment”), subject to the review and approval of the DTE pursuant to the Financing Order.

Appears in 4 contracts

Samples: Transition Property Servicing Agreement (CEC Funding, LLC), Transition Property Servicing Agreement (BEC Funding II, LLC), Transition Property Servicing Agreement (BEC Funding II, LLC)

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Non-Routine Periodic Adjustments. (i) Whenever the Servicer determines that the existing model for calculating the RTC 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 DTE designating the adjustments to such model and any corresponding adjustments to the RTC Charge (collectively, a "Non-Routine Periodic Adjustment"), subject to the review and approval of the DTE pursuant to the Financing Order.

Appears in 2 contracts

Samples: Transition Property Servicing Agreement (B E C Energy), Transition Property Servicing Agreement (Bec Funding LLC)

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