Common use of USAGE AND BXXX CALCULATION Clause in Contracts

USAGE AND BXXX CALCULATION. The Servicer shall (a) 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) at least once each Billing Period; and (b) calculate such Customers’ respective Phase-In-Recovery Charges as such charges may change from time to time pursuant to the True-Up Adjustments.

Appears in 3 contracts

Samples: Servicing Agreement (Ohio Phase-in-Recovery Funding LLC), Servicing Agreement (Ohio Phase-in-Recovery Funding LLC), Servicing Agreement (Ohio Phase-in-Recovery Funding LLC)

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USAGE AND BXXX CALCULATION. The Servicer shall (a) 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) at least once each Billing Period; and (b) calculate such Customers’ respective Phase-In-Recovery CRR Charges as such charges may change from time to time pursuant to the True-Up Adjustments.. ANNEX I

Appears in 3 contracts

Samples: CRR Property Servicing Agreement (Appalachian Consumer Rate Relief Funding LLC), CRR Property Servicing Agreement (Appalachian Consumer Rate Relief Funding LLC), CRR Property Servicing Agreement (Appalachian Consumer Rate Relief Funding LLC)

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