Common use of USAGE AND XXXX CALCULATION Clause in Contracts

USAGE AND XXXX 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 LPSC Regulations) in accordance with the Servicer’s customary procedures and practices and shall determine therefrom each Customer’s individual Storm Recovery Charges to be included on Bills issued by it to such Customer.

Appears in 2 contracts

Samples: Recovery Property Servicing Agreement (Cleco Power LLC), Servicing Agreement (Cleco Power LLC)

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USAGE AND XXXX CALCULATION. The Servicer shall (a) shall obtain a calculation of each Customer’s usage and demand (which may be based on data obtained from such Customer’s meter read or on usage estimates determined in accordance with applicable LPSC Council Regulations) in accordance with the Servicer’s customary procedures and practices and shall (b) determine therefrom each Customer’s individual Storm Recovery Charges Charge to be included on Bills issued by it to such Customer. SECTION 4.

Appears in 1 contract

Samples: Servicing Agreement

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

Appears in 1 contract

Samples: Servicing Agreement (Entergy New Orleans Storm Recovery Funding I, L.L.C.)

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