Common use of PUCT CONSENT Clause in Contracts

PUCT CONSENT. Except as specifically set forth in Section 7.04, to the extent the consent of the PUCT is required to effect any amendment to or modification of this Agreement or any provision of this Agreement, (a) the Servicer may request the consent of the PUCT by delivering to the PUCT’s executive director and general counsel a written request for such consent, which request shall contain: (i) a reference to Docket No. 39809 and a statement as to the possible effect of the amendment on ongoing Qualified Costs; (ii) an Officer’s Certificate stating that the proposed amendment or modification has been approved by all parties to this Agreement; and (iii) a statement identifying the person to whom the PUCT or its staff is to address its consent to the proposed amendment or modification or request additional time; (b) The PUCT shall, within 30 days of receiving the request for consent complying with Section 8.12(a) above, either (i) provide notice of its consent or lack of consent to the person specified in Section 8.12(a)(iii) above, or (ii) be conclusively deemed, on the 31st day after receiving the request for consent, to have consented to the proposed amendment or modification, unless, within 30 days of receiving the request for consent complying with Section 8.12(a) above, the PUCT or its staff delivers to the office of the person specified in Section 8.12(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty days in which to consider whether to consent to the proposed amendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent to the person specified in Section 8.12(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed amendment or modification on the last day of such extension of time. Any amendment or modification requiring the consent of the PUCT as provided in this Section 8.12 shall become effective on the later of (i) the date proposed by the parties to such amendment or modification and (ii) the first day after the expiration of the 30-day period provided for in this Section 8.12(b)(ii), or, if such period has been extended pursuant thereto, the first day after the expiration of such period as so extended.

Appears in 3 contracts

Samples: Transition Property Servicing Agreement, Transition Property Servicing Agreement (CenterPoint Energy Transition Bond Co IV, LLC), Transition Property Servicing Agreement (CenterPoint Energy Transition Bond Co IV, LLC)

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PUCT CONSENT. Except as specifically set forth in Section 7.046.04, to the extent the consent of the PUCT is required to effect any amendment to or modification of this Agreement or any provision of this Agreement, (a) the Servicer CenterPoint Houston may request the consent of the PUCT by delivering to the PUCT’s 's executive director and general counsel a written request for such consent, which request shall contain: (i) a reference to Docket No. 39809 30485 and a statement as to the possible effect of the amendment on ongoing Qualified Costsqualified costs; (ii) an Officer’s 's Certificate stating that the proposed amendment or modification has been approved by all parties to this Agreement; and (iii) a statement identifying the person to whom the PUCT or its staff is to address its consent to the proposed amendment or modification or request additional time; (b) The PUCT shall, within 30 days of receiving the request for consent complying with Section 8.12(a7.12(a) above, either (i) provide notice of its consent or lack of consent to the person specified in Section 8.12(a)(iii7.12(a)(iii) above, or (ii) be conclusively deemed, on the 31st day after receiving the request for consent, to have consented to the proposed amendment or modification, unless, within 30 days of receiving the request for consent complying with Section 8.12(a7.12(a) above, the PUCT or its staff delivers to the office of the person specified in Section 8.12(a)(iii7.12(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty days in which to consider whether to consent to the proposed amendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent to the person specified in Section 8.12(a)(iii7.12(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed amendment or modification on the last day of such extension of time. Any amendment or modification requiring the consent of the PUCT as provided in this Section 8.12 shall become effective on the later of (i) the date proposed by the parties to such amendment or modification and (ii) the first day after the expiration of the 30-day period provided for in this Section 8.12(b)(ii7.12(b)(ii), or, if such period has been extended pursuant thereto, the first day after the expiration of such period as so extended.

Appears in 2 contracts

Samples: Transition Property Servicing Agreement (CenterPoint Energy Transition Bond CO II, LLC), Transition Property Servicing Agreement (CenterPoint Energy Transition Bond CO II, LLC)

PUCT CONSENT. Except as specifically set forth in Section 7.04, to the extent the consent of the PUCT is required to effect any amendment to or modification of this Agreement or any provision of this Agreement, (a) the Servicer may request the consent of the PUCT by delivering to the PUCT’s executive director and general counsel a written request for such consent, which request shall contain: (i) a reference to Docket No. 39809 34448 and a statement as to the possible effect of the amendment on ongoing Qualified Costsqualified costs; (ii) an Officer’s Certificate stating that the proposed amendment or modification has been approved by all parties to this Agreement; and (iii) a statement identifying the person to whom the PUCT or its staff is to address its consent to the proposed amendment or modification or request additional time; (b) The PUCT shall, within 30 days of receiving the request for consent complying with Section 8.12(a) above, either (i) provide notice of its consent or lack of consent to the person specified in Section 8.12(a)(iii) above, or (ii) be conclusively deemed, on the 31st day after receiving the request for consent, to have consented to the proposed amendment or modification, unless, within 30 days of receiving the request for consent complying with Section 8.12(a) above, the PUCT or its staff delivers to the office of the person specified in Section 8.12(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty days in which to consider whether to consent to the proposed amendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent to the person specified in Section 8.12(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed amendment or modification on the last day of such extension of time. Any amendment or modification requiring the consent of the PUCT as provided in this Section 8.12 shall become effective on the later of (i) the date proposed by the parties to such amendment or modification and (ii) the first day after the expiration of the 30-day period provided for in this Section 8.12(b)(ii), or, if such period has been extended pursuant thereto, the first day after the expiration of such period as so extended.

Appears in 2 contracts

Samples: Transition Property Servicing Agreement (Centerpoint Energy Houston Electric LLC), Transition Property Servicing Agreement (CenterPoint Energy Transition Bond CO III, LLC)

PUCT CONSENT. Except as specifically set forth in Section 7.04, to the extent the consent of the PUCT is required to effect any amendment to or modification of this Agreement or any provision of this Agreement, (a) the Servicer may request the consent of the PUCT by delivering to the PUCT’s executive director and general counsel a written request for such consent, which request shall contain: (i) a reference to Docket No. 39809 37200 and a statement as to the possible effect of the amendment on ongoing Qualified Costsqualified costs; (ii) an Officer’s Certificate stating that the proposed amendment or modification has been approved by all parties to this Agreement; and (iii) a statement identifying the person to whom the PUCT or its staff is to address its consent to the proposed amendment or modification or request additional time; (b) The PUCT shall, within 30 days of receiving the request for consent complying with Section 8.12(a) above, either (i) provide notice of its consent or lack of consent to the person specified in Section 8.12(a)(iii) above, or (ii) be conclusively deemed, on the 31st day after receiving the request for consent, to have consented to the proposed amendment or modification, unless, within 30 days of receiving the request for consent complying with Section 8.12(a) above, the PUCT or its staff delivers to the office of the person specified in Section 8.12(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty days in which to consider whether to consent to the proposed amendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent to the person specified in Section 8.12(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed amendment or modification on the last day of such extension of time. Any amendment or modification requiring the consent of the PUCT as provided in this Section 8.12 shall become effective on the later of (i) the date proposed by the parties to such amendment or modification and (ii) the first day after the expiration of the 30-day period provided for in this Section 8.12(b)(ii), or, if such period has been extended pursuant thereto, the first day after the expiration of such period as so extended.

Appears in 2 contracts

Samples: System Restoration Property Servicing Agreement (CenterPoint Energy Restoration Bond Company, LLC), System Restoration Property Servicing Agreement (CenterPoint Energy Restoration Bond Company, LLC)

PUCT CONSENT. Except as specifically set forth in Section 7.04, to To the extent the consent of the PUCT is required to effect any amendment to or modification of this Agreement or any provision of this Agreement, (a) the Servicer Reliant Energy may request the consent of the PUCT by delivering to the PUCT’s 's executive director and general counsel a written request for such consent, which request shall contain: (i) a reference to Docket No. 39809 and a statement as to the possible effect of the amendment on ongoing Qualified Costs21655; (ii) an Officer’s 's Certificate stating that the proposed amendment or modification has been approved by all parties to this Agreement; and (iii) a statement identifying the person to whom the PUCT or its staff is to address its consent to the proposed amendment or modification or request additional time; (b) The PUCT shall, within 30 fifteen days of receiving the request for consent complying with Section 8.12(a7.13(a) above, either (i) provide notice of its consent or lack of consent to the person specified in Section 8.12(a)(iii7.13(a)(iii) above, or (ii) be conclusively deemed, on the 31st day after receiving the request for consent, deemed to have consented to the proposed amendment or modification, unless, within 30 fifteen days of receiving the request for consent complying with Section 8.12(a7.13(a) above, the PUCT or its staff delivers to the office of the person specified in Section 8.12(a)(iii7.13(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty days in which to consider whether to consent to the proposed amendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent to the person specified in Section 8.12(a)(iii7.13(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed amendment or modification on the last day of such extension of time. Any amendment or modification requiring the consent of the PUCT as provided in this Section 8.12 shall become effective on the later of (i) the date proposed by the parties to such amendment or modification and (ii) the first day after the expiration of the 30-day period provided for in this Section 8.12(b)(ii), or, if such period has been extended pursuant thereto, the first day after the expiration of such period as so extended.

Appears in 1 contract

Samples: Transition Property Servicing Agreement (Reliant Energy Transition Bond Co LLC)

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PUCT CONSENT. Except as specifically set forth in Section 7.04, to To the extent the consent of the PUCT is required to effect any amendment to, modification of, or supplemental indenture to or modification of this Agreement Indenture or any provision of this AgreementIndenture, (a) the Servicer The Issuer may request the consent of the PUCT by delivering to the PUCT’s 's executive director and general counsel a written request for such consent, which request shall contain:: -66- (i) a reference to Docket No. 39809 30485 and to any other Docket No. under which a Financing Order has been issued and a statement as to the possible effect of the amendment amendment, modification or supplemental indenture on ongoing Qualified Costsqualified costs; (ii) an Officer’s 's Certificate stating that the proposed amendment amendment, modification or modification supplemental indenture, as the case may be, has been approved by all parties to this AgreementIndenture; and (iii) a statement identifying the person to whom the PUCT or its staff is to address its consent to the proposed amendment amendment, modification or modification supplemental indenture or request additional time; (b) The PUCT shall, within 30 days of receiving the request for consent complying with Section 8.12(a9.07(a) above, either (i) provide notice of its consent or lack of consent to the person specified in Section 8.12(a)(iii9.07(a)(iii) above, or (ii) be conclusively deemed, on the 31st day after receiving the request for consent, deemed to have consented to the proposed amendment amendment, modification or modificationsupplemental indenture, unless, within 30 days of receiving the request for consent complying with Section 8.12(a9.07(a) above, the PUCT or its staff delivers to the office of the person specified in Section 8.12(a)(iii9.07(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty 30 days in which to consider whether to consent to the proposed amendment amendment, modification or modificationsupplemental indenture. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent to the person specified in Section 8.12(a)(iii9.07(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed amendment amendment, modification or modification supplemental indenture on the last day of such extension of time. Any amendment amendment, modification or modification supplemental indenture requiring the consent of the PUCT as provided in this Section 8.12 shall become effective on the later of (i) the date proposed by the parties to such amendment amendment, modification or modification supplemental indenture and (ii) the first day after the expiration of the 30-day period provided for in this Section 8.12(b)(ii9.07(b)(ii), or, if such period has been extended pursuant thereto, the first day after the expiration of such period as so extended.

Appears in 1 contract

Samples: Indenture (CenterPoint Energy Transition Bond CO II, LLC)

PUCT CONSENT. Except as specifically set forth in Section 7.04, to To the extent the consent of the PUCT is required to effect any amendment to, modification of, or supplemental indenture to or modification of this Agreement Indenture or any provision of this AgreementIndenture, (a) the Servicer The Issuer may request the consent of the PUCT by delivering to the PUCT’s 's executive director and general counsel a written request for such consent, which request shall contain: (i) a reference to Docket No. 39809 30485 and to any other Docket No. under which a Financing Order has been issued and a statement as to the possible effect of the amendment amendment, modification or supplemental indenture on ongoing Qualified Costsqualified costs; (ii) an Officer’s 's Certificate stating that the proposed amendment amendment, modification or modification supplemental indenture, as the case may be, has been approved by all parties to this AgreementIndenture; and (iii) a statement identifying the person to whom the PUCT or its staff is to address its consent to the proposed amendment amendment, modification or modification supplemental indenture or request additional time; (b) The PUCT shall, within 30 days of receiving the request for consent complying with Section 8.12(a9.07(a) above, either (i) provide notice of its consent or lack of consent to the person specified in Section 8.12(a)(iii9.07(a)(iii) above, or (ii) be conclusively deemed, on the 31st day after receiving the request for consent, deemed to have consented to the proposed amendment amendment, modification or modificationsupplemental indenture, unless, within 30 days of receiving the request for consent complying with Section 8.12(a9.07(a) above, the PUCT or its staff delivers to the office of the person specified in Section 8.12(a)(iii9.07(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty 30 days in which to consider whether to consent to the proposed amendment amendment, modification or modificationsupplemental indenture. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent to the person specified in Section 8.12(a)(iii9.07(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed amendment amendment, modification or modification supplemental indenture on the last day of such extension of time. Any amendment amendment, modification or modification supplemental indenture requiring the consent of the PUCT as provided in this Section 8.12 shall become effective on the later of (i) the date proposed by the parties to such amendment amendment, modification or modification supplemental indenture and (ii) the first day after the expiration of the 30-day period provided for in this Section 8.12(b)(ii9.07(b)(ii), or, if such period has been extended pursuant thereto, the first day after the expiration of such period as so extended.

Appears in 1 contract

Samples: Indenture (CenterPoint Energy Transition Bond CO II, LLC)

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