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

Non-Routine True-Up Adjustments. (i) Whenever the Servicer determines that the existing model for calculating the FTA Charges should be amended or revised, subject to the consent of the Note Issuer under the conditions set forth in Section 3.17 of the Indenture, the Servicer shall file a Non-Routine True-Up Mechanism Advice Letter with the CPUC designating the adjustments to the model and any corresponding adjustments to the FTA Charges (collectively, a "Non-Routine True-Up Adjustment"). (ii) The Servicer shall take all reasonable actions and make all reasonable efforts to secure any Non-Routine True-Up Adjustments. (iii) The Servicer shall implement any resulting adjustments to the model and any resulting revised FTA Charges as of the first day of the Quarter which begins at least 90 days after the Non-Routine True- Up Mechanism Advice Letter is filed.

Non-Routine True-Up Adjustments. (i) Whenever the Servicer determines that the existing model for calculating the FTA Charges should be amended or revised, subject to the consent of the Note Issuer under the conditions set forth in Section 3.17 of the Indenture, the Servicer shall file a Non-Routine True-Up Mechanism Advice Letter with the CPUC designating the adjustments to the model and any corresponding adjustments to the FTA Charges (collectively, a "Non-Routine True-Up Adjustment"). (ii) The Servicer shall take all reasonable actions and make all reasonable efforts to secure any Non-Routine True-Up Adjustments. (iii) The Servicer shall implement any resulting adjustments to the model and any resulting revised FTA Charges as of the first day of the Quarter which begins at least 90 days after the Non-Routine True- True-Up Mechanism Advice Letter is filed.

Non-Routine True-Up Adjustments. (i) Whenever the Servicer determines that the existing model for calculating the FTA Charges should be amended or revised, subject to the consent of the Note Issuer under the conditions set forth in Section 3.17 of the Indenture, the Servicer shall file a Non-Routine True-Up Mechanism Advice Letter with the CPUC designating the adjustments to the model and any corresponding adjustments to the FTA Charges (collectively, a "Non-Routine True-Up ------------------- Adjustment").. ---------- (ii) The Servicer shall take all reasonable actions and make all reasonable efforts to secure any Non-Routine True-Up Adjustments. (iii) The Servicer shall implement any resulting adjustments to the model and any resulting revised FTA Charges as of the first day of the Quarter which begins at least 90 days after the Non-Routine True- True-Up Mechanism Advice Letter is filed.