Routine Periodic Adjustments. Beginning in the last year the Notes are scheduled to be outstanding, the Servicer shall file a Routine True-Up Letter at least 15 days before the end of each calendar quarter. In addition, the Servicer shall file a Routine True-Up Letter at least 15 days before the end of any calendar quarter or, beginning in the last year the Notes are scheduled to be outstanding, at least 15 days before the end of any calendar month, at each such time as the Servicer may reasonably determine is necessary to meet the Required Debt Service for the then current Remittance Period.
Appears in 5 contracts
Samples: Transition Property Servicing Agreement (Wmeco Funding LLC), Transition Property Servicing Agreement (Cl&p Funding LLC), Transition Property Servicing Agreement (Northeast Utilities System)
Routine Periodic Adjustments. Beginning in the last year the Notes are scheduled to be outstanding, the The Servicer shall file a Routine True-Up Letter at least 15 days before the end of each calendar quarter. In addition, the Servicer shall file a Routine True-Up Letter at least 15 days before the end of any calendar quarter or, beginning in the last year the Notes are scheduled to be outstanding, at least 15 days before the end of any calendar month, at each such time as the Servicer may reasonably determine is necessary to meet the Required Debt Service for the then current Remittance Period.
Appears in 5 contracts
Samples: Servicing Agreement (PSNH Funding LLC), Servicing Agreement (Northeast Utilities System), Servicing Agreement (PSNH Funding LLC)
Routine Periodic Adjustments. Beginning in the last year the Notes are scheduled to be outstanding, the Servicer shall file a Routine True-Up Letter at least 15 days before the end of each calendar quarter. In addition, the The Servicer shall file a Routine True-Up Letter at least 15 days before the end of any calendar quarter or, beginning in the last year the Notes are scheduled to be outstanding, or Payment Date at least 15 days before the end of any calendar month, at each such time times as the Servicer it may reasonably determine is necessary to meet the Required Debt Service for the then current Remittance Period.
Appears in 2 contracts
Samples: Transition Property Servicing Agreement (B E C Energy), Transition Property Servicing Agreement (Bec Funding LLC)
Routine Periodic Adjustments. Beginning in the last year the Notes are scheduled to be outstanding, the Servicer shall file a Routine True-Up Letter at least 15 days before the end of each calendar quarter. In addition, the Servicer shall file a Routine True-Up Letter at least 15 days before the end of any calendar quarter or, beginning in the last year the Notes are scheduled to be outstanding, at least 15 days before the end of any calendar month, at each such time as the Servicer may reasonably determine is necessary to meet the Required Debt Service for the then current Remittance Period.. (3)
Appears in 1 contract
Samples: Transition Property Servicing Agreement (Wmeco Funding LLC)
