Notification of Adjustment Requests. Whenever the Servicer files a Storm Recovery Charge Adjustment request with the LPSC, the Servicer shall send a copy of such filing to the Issuer, each Trustee and the Rating Agencies concurrently therewith and such other persons as are entitled to notice under the Financing Order. If any Storm Recovery Charge Adjustment request does not become effective on the applicable date as provided in such filing and in accordance with the Financing Order, the Servicer shall notify the Issuer, each Trustee and the Rating Agencies by the end of the second Servicer Business Day after such applicable date.
Appears in 4 contracts
Samples: Servicing Agreement (Cleco Power LLC), Recovery Property Servicing Agreement (Cleco Power LLC), Servicing Agreement (Cleco Power LLC)
Notification of Adjustment Requests. Whenever the Servicer files a Storm Recovery Charge Adjustment request with the LPSC, the Servicer shall send a copy of such filing to the Issuer, each Trustee and the Rating Agencies concurrently therewith and such other persons as are entitled to notice under the Financing Order. If any Storm Recovery Charge Adjustment request does not become effective on the applicable date as provided in such filing and in accordance with the Financing Order, the Servicer shall notify the Issuer, each Trustee and the Rating Agencies by the end of the second Servicer Business Day after such applicable date.
Appears in 2 contracts
Samples: Property Servicing Agreement (Cleco Katrina/Rita Hurricane Recovery Funding LLC), Recovery Property Servicing Agreement (Cleco Katrina/Rita Hurricane Recovery Funding LLC)
