Common use of Non-Routine True-Up Adjustments Clause in Contracts

Non-Routine True-Up Adjustments. (a) Whenever the Servicer determines that the existing True-Up Mechanism should be amended or revised to more accurately project and generate adequate collections of Environmental Control Charge Payments, the Servicer shall file a Non-Routine True-Up Adjustment Filing with the PSCWV designating the adjustments to such True-Up Mechanism and any corresponding adjustments to the Environmental Control Charges, subject to the review and approval of the PSCWV pursuant to the Financing Order, and the Servicer shall notify the Rating Agencies as promptly as possible of the filing of any such Non-Routine True-

Appears in 9 contracts

Samples: Servicing Agreement, Control Property Servicing Agreement (MP Environmental Funding LLC), Re: Servicing Agreement (MP Environmental Funding LLC)

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