Common use of USAGE AND BILL CALCULATION Clause in Contracts

USAGE AND BILL CALCULATION. The Servicer (a) shall obtain a calculation of each Customer’s usage (which may be based on data obtained from such Customer’s meter read or on usage estimates determined in accordance with applicable Indiana Commission Regulations) in accordance with the Servicer’s customary procedures and practices and shall determine therefrom each Customer’s individual Securitization Charges to be included on Bills issued by it to such Customer.

Appears in 3 contracts

Samples: Securitization Property Servicing Agreement (SIGECO Securitization I, LLC), Securitization Property Servicing Agreement (SIGECO Securitization I, LLC), Securitization Property Servicing Agreement (SIGECO Securitization I, LLC)

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USAGE AND BILL CALCULATION. The Servicer (a) shall obtain a calculation of each Customer’s usage (which may be based on data obtained from such Customer’s meter read or on usage estimates determined in accordance with applicable Indiana Commission Regulations) in accordance with the Servicer’s customary procedures Servicer Policies and practices Practices and shall determine therefrom each Customer’s individual Securitization Charges to be included on Bills issued by it to such Customerthe Billed Rider OSW Charges.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Virginia Electric & Power Co), Servicing Agreement

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