Company: SCE-PL
Filing Date: 2025-10-28
Form Type: SF-1/A
Source: 0001193125-25-253849
Chunk: 38

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-10-28
Form: SF-1/A
Chunk 38
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 section 236A of the FSMA, which is an authorized open ended investment company as defined in section 237(3) of the FSMA; and (g) a
CRR firm or a FCA investment firm, each as defined by Article 4(1)(2A) of Regulation (EU) No 575/2013

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as it forms part of the domestic law of the UK by virtue of the EUWA (the UK CRR). The UK Due Diligence Requirements also apply to investments by certain consolidated affiliates thereof,
wherever established or located, of such UK CRR firms) (each such entities that are subject to the UK CRR (such affiliates, together with all institutional investors referred to in this paragraph, UK Institutional Investor and together with
EU Institutional Investors, the Institutional Investors).

Pursuant to, among other things, the EU Due Diligence Requirements, and
the UK Due Diligence Requirements provide that, prior to investing in a securitisation among other things, (i), an EU Institutional Investor or a UK Institutional Investor, as applicable, is required to verify that: (a) in each case, where the
originator or original lender is established outside the EU, the EEA or the UK, as applicable, the originator or original lender grants all the credits giving rise to the underlying exposures on the basis of sound and well-defined criteria and
clearly established processes for approving, amending, renewing and financing those credits and has effective systems in place to apply those criteria and processes in order to ensure that credit-granting requirements are satisfied, is based on a
thorough assessment of the obligor’s creditworthiness; (ii) in each case, the originator, sponsor or original lender retains on an ongoing basis (or, in the case of UK Institutional Investors, continually retains) a material net economic
interest in the securitisation which, in any event, will not be less than 5%, determined in accordance with Article 6 of the EU Securitization Regulation or the UK Securitization Framework, and discloses that risk retention; (iii) in the case
of an EU Institutional Investor, the originator, sponsor or relevant securitisation special purpose entity has, where applicable, made available the information as required by Article 7 of the EU Securitization Regulation in accordance with the
frequency and modalities provided for in that Article; and (iv) in