Common use of Routine Quarterly True-Up Adjustments Clause in Contracts

Routine Quarterly True-Up Adjustments. If the Issuance -------------------------------------- Advice Letter with respect to a Series of Notes provides that the Servicer will file Routine Quarterly True-Up Mechanism Advice Letters, then the Servicer shall make such filings in accordance with the procedures set forth in Annex II hereto. On each Series Issuance Date, the Servicer and the Note Issuer shall amend Annex II to specify in detail the Servicer's obligations to perform routine quarterly True-Up Adjustments, if any, with respect to the new Series of Notes issued on such Series Issuance Date.

Appears in 1 contract

Samples: Transition Property Servicing Agreement (Sdg&e Funding LLC a De Limited Liability Co)

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Routine Quarterly True-Up Adjustments. (1) If the Issuance -------------------------------------- Advice Letter with respect to a Series of Notes provides that the Servicer will file Routine Quarterly True-Up Mechanism Advice Letters, then the Servicer shall make such filings in accordance with the procedures set forth in Annex II hereto. On each Series Issuance Date, the Servicer and the Note Issuer shall amend Annex II to specify in detail the Servicer's obligations to perform routine quarterly True-Up Adjustments, if any, with respect to the new Series of Notes issued on such Series Issuance Date.

Appears in 1 contract

Samples: Transition Property Servicing Agreement (Sce Funding LLC)

Routine Quarterly True-Up Adjustments. If the Issuance -------------------------------------- Advice Letter ------------------------------------- with respect to a Series of Notes provides that the Servicer will file Routine Quarterly True-Up Mechanism Advice Letters, then the Servicer shall make such filings in accordance with the procedures set forth in Annex II hereto. On each Series Issuance Date, the Servicer and the Note Issuer shall amend Annex II to specify in detail the Servicer's obligations to perform routine quarterly True-True- Up Adjustments, if any, with respect to the new Series of Notes issued on such Series Issuance Date.

Appears in 1 contract

Samples: Transition Property Servicing Agreement (Pg&e Funding LLC)

Routine Quarterly True-Up Adjustments. If the Issuance -------------------------------------- Advice ------------------------------------- Letter with respect to a Series of Notes provides that the Servicer will file Routine Quarterly True-Up Mechanism Advice Letters, then the Servicer shall make such filings in accordance with the procedures set forth in Annex II hereto. On each Series Issuance Date, the Servicer and the Note Issuer shall amend Annex II to specify in detail the Servicer's obligations to perform routine quarterly True-Up Adjustments, if any, with respect to the new Series of Notes issued on such Series Issuance Date.

Appears in 1 contract

Samples: Transition Property Servicing Agreement (Sierra Pacific Power Co)

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Routine Quarterly True-Up Adjustments. If the Issuance -------------------------------------- ------------------------------------- Advice Letter with respect to a Series of Notes provides that the Servicer will file Routine Quarterly True-Up Mechanism Advice Letters, then the Servicer shall make such filings in accordance with the procedures set forth in Annex II hereto. On each Series Issuance Date, the Servicer and the Note Issuer shall amend Annex II to specify in detail the Servicer's obligations to perform routine quarterly True-Up Adjustments, if any, with respect to the new Series of Notes issued on such Series Issuance Date.

Appears in 1 contract

Samples: Transition Property Servicing Agreement (Sce Funding LLC)

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