Common use of Servicing and Maintenance Standards Clause in Contracts

Servicing and Maintenance Standards. The Servicer shall, on behalf of the Issuer, (a) manage, service, administer and make collections in respect of the Serviced Intangible Transition Property with reasonable care and in material compliance with applicable law, including all applicable PUC Regulations and guidelines, using the same degree of care and diligence that the Servicer exercises with respect to billing and collection activities that the Servicer conducts for itself and others; (b) follow standards, policies and procedures in performing its duties as Servicer that are customary in the Servicer's industry; (c) use all reasonable efforts, consistent with its customary servicing procedures, to enforce and maintain rights in respect of the Intangible Transition Property; and (d) calculate Intangible Transition Charges in compliance with the Statute, the Qualified Rate Order and any applicable tariffs, except where the failure to comply with any of the foregoing would not adversely affect the Issuer's or the Bond Trustee's interest in the Serviced Intangible Transition Property. The Servicer shall follow such customary and usual practices and procedures as it shall deem necessary or advisable in its servicing of all or any portion of the Serviced Intangible Transition Property, which, in the Servicer's judgment, may include the taking of legal action pursuant to Section 3.09 hereof or otherwise.

Servicing and Maintenance Standards. The Servicer shall, on behalf of the each Issuer, (a) manage, service, administer and make collections in respect of the Serviced Intangible Transition Property with reasonable care and in material compliance with applicable law, including all applicable PUC Regulations and guidelines, using the same degree of care and diligence that the Servicer exercises with respect to billing and collection activities that the Servicer conducts for itself and others; (b) follow standards, policies and procedures in performing its duties as Servicer that are customary in the Servicer's industry; (c) use all reasonable efforts, consistent with its customary servicing procedures, to enforce and maintain rights in respect of the Intangible Transition Property; and (d) calculate Intangible Transition Charges in compliance with the Statute, the Qualified Rate Order Orders and any applicable tariffs, except where the failure to comply with any of the foregoing would not adversely affect the any Issuer's or the any Bond Trustee's interest in the Serviced Intangible Transition Property. The Servicer shall follow such customary and usual practices and procedures as it shall deem necessary or advisable in its servicing of all or any portion of the Serviced Intangible Transition Property, which, in the Servicer's judgment, may include the taking of legal action pursuant to Section 3.09 hereof or otherwise.

Servicing and Maintenance Standards. The Servicer shall, on behalf of the Issuer, (a) manage, service, administer and make collections in respect of the Serviced Intangible Transition Property with reasonable care and in material compliance with applicable law, including all applicable PUC Regulations and guidelines, using the same degree of care and diligence that the Servicer exercises with respect to billing and collection activities that the Servicer conducts for itself and others; (b) follow standards, policies and procedures in performing its duties as Servicer that are customary in the Servicer's industry; (c) use all reasonable efforts, consistent with its customary servicing procedures, to enforce and maintain rights in respect of the Intangible Transition Property; and (d) calculate Intangible Transition Charges in compliance with the Statute, the Qualified Rate Order and any applicable tariffs, except where the failure to comply with any of the foregoing would not adversely affect the Issuer's or the Bond Trustee's interest in the Serviced Intangible Transition Property. The Servicer shall 228 follow such customary and usual practices and procedures as it shall deem necessary or advisable in its servicing of all or any portion of the Serviced Intangible Transition Property, which, in the Servicer's judgment, may include the taking of legal action pursuant to Section 3.09 hereof or otherwise.

Servicing and Maintenance Standards. The Servicer shall, ----------------------------------- on behalf of the Issuer, (a) manage, service, administer and make collections in respect of the Serviced Intangible Transition Property with reasonable care and in material compliance with applicable law, including all applicable PUC Regulations and guidelines, using the same degree of care and diligence that the Servicer exercises with respect to billing and collection activities that the Servicer conducts for itself and others; (b) follow standards, policies and procedures in performing its duties as Servicer that are customary in the Servicer's industry; (c) use all reasonable efforts, consistent with its customary servicing procedures, to enforce and maintain rights in respect of the Intangible Transition Property; and (d) calculate Intangible Transition Charges in compliance with the Statute, the Qualified Rate Order and any applicable tariffs, except where the failure to comply with any of the foregoing would not adversely affect the Issuer's or the Bond Trustee's interest in the Serviced Intangible Transition Property. The Servicer shall follow such customary and usual practices and procedures as it shall deem necessary or advisable in its servicing of all or any portion of the Serviced Intangible Transition Property, which, in the Servicer's judgment, may include the taking of legal action pursuant to Section 3.09 hereof or otherwise.

Servicing and Maintenance Standards. The Servicer shall, on behalf of the each Issuer, (a) manage, service, administer and make collections in respect of the Serviced Intangible Transition Property with reasonable care and in material compliance with applicable law, including all applicable PUC Regulations and guidelines, using the same degree of care and diligence that the Servicer exercises with respect to billing and collection activities that the Servicer conducts for itself and others; (b) follow standards, policies and procedures in performing its duties as Servicer that are customary in the Servicer's industry; (c) use all reasonable efforts, consistent with its customary servicing procedures, to enforce and maintain rights in respect of the Intangible Transition Property; and (d) calculate Intangible Transition Charges in compliance with the Statute, the Qualified Rate Order RateOrder and any applicable tariffs, except where the failure to comply with any of the foregoing would not adversely affect the any Issuer's or the any Bond Trustee's interest in the Serviced Intangible Transition Property. The Servicer shall follow such customary and usual practices and procedures as it shall deem necessary or advisable in its servicing of all or any portion of the Serviced Intangible Transition Property, which, in the Servicer's judgment, may include the taking of legal action pursuant to Section 3.09 hereof or otherwise.

Servicing and Maintenance Standards. The Servicer shall, on behalf of the each Issuer, (a) manage, service, administer and make collections in respect of the Serviced Intangible Transition Property with reasonable care and in material compliance with applicable law, including all applicable PUC Regulations and guidelines, using the same degree of care and diligence that the Servicer exercises with respect to billing and collection activities that the Servicer conducts for itself and others; (b) follow standards, policies and procedures in performing its duties as Servicer that are customary in the Servicer's industry; (c) use all reasonable efforts, consistent with its customary servicing procedures, to enforce and maintain rights in respect of the Intangible Transition Property; and (d) calculate Intangible Transition Charges in compliance with the Statute, the Qualified Rate Order and any applicable tariffs, except where the failure to comply with any of the foregoing would not adversely affect the any Issuer's or the any Bond Trustee's interest in the Serviced Intangible Transition Property. The Servicer shall follow such customary and usual practices and procedures as it shall deem necessary or advisable in its servicing of all or any portion of the Serviced Intangible Transition Property, which, in the Servicer's judgment, may include the taking of legal action pursuant to Section 3.09 hereof or otherwise.