Common use of Notification of Laws and Regulations Clause in Contracts

Notification of Laws and Regulations. The Servicer shall promptly notify the Note Issuer, the Note Trustee, the Certificate Trustee and the Rating Agencies in writing of any laws or DTE Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.

Appears in 4 contracts

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

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Notification of Laws and Regulations. The Servicer shall promptly immediately notify the Note Issuer, the Note Trustee, the Certificate Indenture Trustee and the Rating Agencies in writing of any laws Requirements of Law or DTE PUCT Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.

Appears in 3 contracts

Samples: Transition Property Servicing Agreement (CPL Transition Funding LLC), Transition Property Servicing Agreement (CPL Transition Funding LLC), Transition Property Servicing Agreement (Central & South West Corp)

Notification of Laws and Regulations. The Servicer shall promptly notify the Note Issuer, the Note Trustee, the Certificate Trustee and the Rating Agencies in writing of any laws or DTE Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.

Appears in 3 contracts

Samples: Transition Property Servicing Agreement (Northeast Utilities System), Transition Property Servicing Agreement (Wmeco Funding LLC), Transition Property Servicing Agreement (Wmeco Funding LLC)

Notification of Laws and Regulations. The Servicer shall promptly notify the Note Issuer, the Note Trustee, the Certificate Trustee and the Rating Agencies in writing of any laws or DTE DPUC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s 's ability to perform its duties under this Agreement.

Appears in 3 contracts

Samples: Transition Property Servicing Agreement (Cl&p Funding LLC), Transition Property Servicing Agreement (Northeast Utilities System), Transition Property Servicing Agreement (Cl&p Funding LLC)

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Notification of Laws and Regulations. The Servicer shall promptly notify the Note Issuer, the Note Trustee, the Certificate Trustee and the Rating Agencies in writing of any laws or DTE Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.that

Appears in 2 contracts

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

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