Common use of Remittances Clause in Contracts

Remittances. (i) The Issuer shall cause to be established the Collection Account in the name of the Indenture Trustee in accordance with the Indenture. (ii) The Servicer shall make remittances to the Collection Account in accordance with Section 6.11 of the Agreement. (iii) In the event of any change of account or change of institution affecting any Collection Account, the Issuer shall provide written notice thereof to the Servicer and the Rating Agencies not later than five (5) Business Days from the effective date of such change.

Appears in 7 contracts

Sources: Securitized Asset Cost Property Servicing Agreement (Appalachian Power Recovery Funding LLC), Servicing Procedures (SCE Recovery Funding LLC), Transition Property Servicing Agreement (AEP Texas Restoration Funding LLC)

Remittances. (i) The Issuer shall cause to be established the Collection Account in the name of the Indenture Trustee in accordance with the Indenture. (ii) The Servicer shall make remittances to the Collection Account in accordance with Section 6.11 6.12 of the Agreement. (iii) In the event of any change of account or change of institution affecting any the Collection Account, the Issuer shall provide written notice thereof to the Servicer and the Rating Agencies not later than five (5) Business Days from the effective date of such change.

Appears in 6 contracts

Sources: Transition Property Servicing Agreement (CenterPoint Energy Transition Bond Co IV, LLC), Transition Property Servicing Agreement (CenterPoint Energy Transition Bond Co IV, LLC), Transition Property Servicing Agreement (CenterPoint Energy Transition Bond CO III, LLC)

Remittances. (i) The Issuer shall cause to be established the Collection Account in the name of the Indenture Trustee in accordance with the Indenture. (ii) The Servicer shall make remittances to the Collection Account in accordance with Section 6.11 of the Agreement. (iii) . In the event of any change of account or change of institution affecting any Collection Account, the Issuer shall provide written notice thereof to the Servicer and the Rating Agencies not later than five (5) Business Days from the effective date of such change.]

Appears in 6 contracts

Sources: Recovery Property Servicing Agreement (RG&E Storm Funding LLC), Recovery Property Servicing Agreement (NYSEG Storm Funding LLC), Recovery Property Servicing Agreement (RG&E Storm Funding LLC)

Remittances. (i) The Issuer shall cause has caused to be established the Collection Account in the name of the Indenture Trustee in accordance with pursuant to the Indenture. (ii) The Servicer shall make remittances to the Collection Account in accordance with Section 6.11 of the Agreement. (iii) In the event of any change of account or change of institution affecting any Collection Account, the Issuer shall provide written notice thereof to the Servicer and the Rating Agencies not later than five (5) Business Days from the effective date of such change.

Appears in 4 contracts

Sources: Servicing Agreement (Kentucky Power Cost Recovery LLC), Servicing Agreement (Kentucky Power Cost Recovery LLC), Servicing Agreement (Kentucky Power Cost Recovery LLC)

Remittances. (i) The Issuer shall cause to be established the Collection Account in the name of the Indenture Trustee in accordance with the Indenture. (ii) The Servicer shall make remittances to the Collection Account in accordance with Section 6.11 of the Agreement. (iii) In the event of any change of account or change of institution affecting any the Collection Account, the Issuer shall provide written notice thereof to the Servicer and the Rating Agencies not later than five (5) Business Days from the effective date of such change.

Appears in 4 contracts

Sources: Transition Property Servicing Agreement (Entergy Texas, Inc.), Securitization Property Servicing Agreement (DTE Electric Securitization Funding II LLC), Securitization Property Servicing Agreement (DTE Electric Securitization Funding II LLC)

Remittances. (i) i. The Issuer shall cause to be established the Collection Account in the name of the Indenture Trustee in accordance with the Indenture. (ii) . The Servicer shall make remittances to the Collection Account in accordance with Section 6.11 6.12 of the Agreement. (iii) . In the event of any change of account or change of institution affecting any Collection Account, the Issuer shall provide written notice thereof to the Servicer and the Rating Agencies not later than five (5) Business Days from the effective date of such change.

Appears in 3 contracts

Sources: Energy Transition Property Servicing Agreement (Cleco Securitization II LLC), Energy Transition Property Servicing Agreement (Cleco Securitization II LLC), Energy Transition Property Servicing Agreement (Cleco Power LLC)

Remittances. (i) The Issuer shall cause to be established the Collection Account in the name of the Indenture Trustee in accordance with the Indenture. (ii) The Servicer shall make remittances to the Collection Account in accordance with Section 6.11 6.12 of the Agreement. (iii) In the event of any change of account or change of institution affecting any Collection Account, the Issuer shall provide written notice thereof to the Servicer and the Rating Agencies not later than five (5) Business Days from the effective date of such change.

Appears in 3 contracts

Sources: Storm Recovery Property Servicing Agreement (SWEPCO Storm Recovery Funding LLC), Storm Recovery Property Servicing Agreement (SWEPCO Storm Recovery Funding LLC), Storm Recovery Property Servicing Agreement (SWEPCO Storm Recovery Funding LLC)

Remittances. (i) The Issuer shall cause to be established the Collection Account in the name of the Indenture Trustee in accordance with Section 8.02 of the Indenture. (ii) The Servicer shall make remittances or cause to be made Remittances to the Collection Account in accordance with Section 6.11 4.03 of the Agreement. (iii) In the event of any Any change of account or change of institution affecting any the Collection Account, Account shall not take effect until the Issuer shall provide has provided at least 15 Servicer Business Days written notice thereof to the Servicer and the Rating Agencies not later than five (5) Business Days from the effective date of such changeServicer.

Appears in 3 contracts

Sources: Storm Recovery Property Servicing Agreement (Florida Power & Light Co), Storm Recovery Property Servicing Agreement (FPL Recovery Funding LLC), Storm Recovery Property Servicing Agreement (FPL Recovery Funding LLC)

Remittances. (i) The Issuer shall cause to be established the Collection Account Accounts in the name of the Indenture Trustee in accordance with the Indenture. (ii) The Servicer shall make remittances to the Collection Account Accounts in accordance with Section 6.11 of the Agreement. (iii) In the event of any change of account or change of institution affecting any Collection Account, the Issuer shall provide written notice thereof to the Servicer and the Rating Agencies not later than five (5) Business Days from the effective date of such change.

Appears in 2 contracts

Sources: Transition Property Servicing Agreement (Aep Texas Central Co), Transition Property Servicing Agreement (Aep Texas Central Co)

Remittances. (i) The Issuer shall cause to be established the Collection Account Accounts in the name of the Indenture Trustee in accordance with the Indenture. (ii) The Servicer shall make remittances to the Collection Account Accounts in accordance with Section 6.11 of the Agreement▇▇▇▇▇▇▇▇▇. (iii) In ▇▇ the event of any change of account or change of institution affecting any Collection Account, the Issuer shall provide written notice thereof to the Servicer and the Rating Agencies not later than five (5) Business Days from the effective date of such change.

Appears in 2 contracts

Sources: Transition Property Servicing Agreement (Entergy Gulf States Reconstruction Funding I, LLC), Transition Property Servicing Agreement (Entergy Gulf States Reconstruction Funding I, LLC)

Remittances. (i) The Issuer shall cause to be established the Collection Account in the name of the Indenture Trustee in accordance with Section 8.02 of the Indenture. (ii) The Servicer shall make remittances or cause to be made Remittances to the Collection Account in accordance with Section 6.11 4.03 of the Agreement. (iii) In the event of any Any change of account or change of institution affecting any the Collection Account, Account shall not take effect until the Issuer shall provide has provided at least fifteen (15) Servicer Business Days written notice thereof to the Servicer and the Rating Agencies not later than five (5) Business Days from the effective date of such changeServicer.

Appears in 2 contracts

Sources: Servicing Agreement (PSNH Funding LLC 3), Servicing Agreement (PSNH Funding LLC 3)

Remittances. (i) The Issuer shall cause to be established the Collection Account Accounts in the name of the Indenture Trustee in accordance with the Indenture. (ii) The Servicer shall make remittances to the Collection Account Accounts in accordance with Section 6.11 6.10 of the Agreement. (iii) In the event of any change of account or change of institution affecting any Collection Account, the Issuer shall provide written notice thereof to the Servicer and the Rating Agencies not later than five (5) Business Days from the effective date of such change.

Appears in 2 contracts

Sources: Rate Stabilization Property Servicing Agreement (RSB Bondco LLC), Rate Stabilization Property Servicing Agreement (RSB Bondco LLC)

Remittances. (i) The Issuer shall cause to be established the Series 2003-1 Collection Account in the name of the Indenture Trustee in accordance with the Indenture. (ii) The Servicer shall make remittances to the Indenture Trustee for deposit into the Series 2003-1 Collection Account in accordance with Section 6.11 of the Agreement. (iii) In the event of any change of account or change of institution affecting any the Series 2003-1 Collection Account, the Issuer shall provide written notice thereof to the Servicer and the Rating Agencies not later than five (5) Business Days from the effective date of such change.

Appears in 2 contracts

Sources: Transition Property Servicing Agreement (Oncor Electric Delivery Transition Bond Co LLC), Transition Property Servicing Agreement (Oncor Electric Delivery Transition Bond Co LLC)

Remittances. (i) The Note Issuer shall cause to be established the Collection Account in the name of the Indenture Trustee in accordance with the Indenture. (ii) The Servicer shall make remittances to the Collection Account in accordance with Section 6.11 of the Agreement. (iii) In the event of any change of account or change of institution affecting any the Collection Account, the Note Issuer shall provide written notice thereof to the Servicer and the Rating Agencies not later than by five (5) Business Days from the effective date of such change.

Appears in 1 contract

Sources: Transition Property Servicing Agreement (CPL Transition Funding LLC)

Remittances. (i) The Issuer shall cause to be established the Collection Account in the name of the Indenture Trustee in accordance with the Indenture. (ii) The Servicer shall make remittances to the Collection Account in accordance with Section 6.11 of the Agreement. (iii) In the event of any change of account or change of institution affecting any Collection Account, the Issuer shall provide written notice thereof to the Servicer and the Rating Agencies not later than five (5) Business Days from the effective date of such change.Rating

Appears in 1 contract

Sources: Recovery Property Servicing Agreement (SCE Recovery Funding LLC)

Remittances. (i) The Issuer shall cause to be established the Collection Account in the name of the Indenture Trustee in accordance with the Indenture. (ii) The Servicer shall make remittances Daily Remittances to the Collection Account in accordance with Section 6.11 of the Agreement. (iii) In the event of any change of account or change of institution affecting any the Collection Account, the Issuer shall provide written notice thereof to the Servicer and the Rating Agencies not later than five (5) Business Days from the effective date of such change.

Appears in 1 contract

Sources: Storm Recovery Property Servicing Agreement (Entergy Arkansas Restoration Funding, LLC)

Remittances. (i) The Issuer shall cause to be established the Series 2004-1 Collection Account in the name of the Indenture Trustee in accordance with the Indenture. (ii) The Servicer shall make remittances to the Indenture Trustee for deposit into the Series 2004-1 Collection Account in accordance with Section 6.11 of the Agreement. (iii) In the event of any change of account or change of institution affecting any the Series 2004-1 Collection Account, the Issuer shall provide written notice thereof to the Servicer and the Rating Agencies not later than five (5) Business Days from the effective date of such change.

Appears in 1 contract

Sources: Transition Property Servicing Agreement (Txu Electric Delivery Transition Bond Co LLC)

Remittances. (i) The Note Issuer shall cause to be established the Collection Account in the name of the Indenture Trustee in accordance with the Indenture. (ii) The Servicer shall make remittances to the Collection Account in accordance with Section 6.11 of the Agreement. (iii) In the event of any change of account or change of institution affecting any the Collection Account, the Note Issuer shall provide written notice thereof to the Servicer and the Rating Agencies not later than five (5) Business Days from the effective date of such change.

Appears in 1 contract

Sources: Transition Property Servicing Agreement (CPL Transition Funding LLC)

Remittances. (i) The Issuer shall cause to be established the Collection Account in the name of the Indenture Trustee in accordance with the Indenture. (ii) The Servicer shall make remittances to the Collection Account in accordance with Section 6.11 of the Agreement. (iii) In the event of any change of account or change of institution affecting any the Collection Account, the Issuer shall provide written notice thereof to the Servicer and the Rating Agencies not later than five (5) Business Days from the effective date of such change.

Appears in 1 contract

Sources: Transition Property Servicing Agreement (Entergy Texas Restoration Funding, LLC)