Attached files
EXHIBIT
35.1
SERVICER COMPLIANCE
STATEMENT
I, Theodore H. Bunting, Jr., Senior Vice President and Chief
Accounting Officer of Entergy Texas, Inc. (the “Servicer”), certify
that:
(a) A review of the Servicer's activities during the reporting
period covered by this Report on Form 10-K and of its performance under that
certain Transition Property Servicing Agreement dated as of June 29, 2007
between Entergy Gulf States Reconstruction Funding I, LLC, as the Issuing
Entity, and the Servicer (the “Servicing Agreement”) has been made under my
supervision.
(b) To the best of my knowledge, based on such review, the
Servicer has fulfilled all of its obligations under the Servicing Agreement in
all material respects throughout the reporting period, other than as identified
on Schedule A attached hereto.
Date: March 29, 2010
Entergy Texas, Inc., as servicer
By: /s/ Theodore H. Bunting,
Jr.
Name: Theodore H. Bunting,
Jr.
Title: Senior Vice President
and Chief Accounting Officer
Schedule
A
Instances of Non-Compliance by the Servicer
1122(d)(3)(i): Reports to investors, including those to be filed
with the Commission, are maintained in accordance with the transaction
agreements and applicable Commission requirements. Specifically, such reports
(A) are prepared in accordance with timeframes and other terms set forth in the
transaction agreements; (B) provide information calculated in accordance with
the terms specified in the transaction agreements; (C) are filed with the
Commission as required by its rules and regulations; and (D) agree with
investors’ or the trustee’s records as to the total unpaid principal balance and
number of pool assets serviced by the Servicer.
Two monthly servicer certificates
during the year ended December 31, 2009 were not delivered to Entergy Gulf
States Reconstruction Funding I, LLC, the Public Utility Commission of Texas,
the Indenture Trustee and the Rating Agencies on or before the required date as
indicated by the Servicing Agreement. Monthly servicer certificates are
required to be delivered by the Servicer no later than the twenty-fifth day of
each month. One monthly servicer certificate which was due on or before
May 25, 2009 was delivered on May 26, 2009, and another monthly servicer
certificate which was due on or before June 25, 2009 was delivered on June 30,
2009. Existing procedures have been reviewed to ensure that future monthly
servicer certificates are delivered on or before the twenty-fifth day of each
month.