Company: SCE-PL
Filing Date: 2025-10-28
Form Type: SF-1/A
Source: 0001193125-25-253849
Chunk: 185

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-10-28
Form: SF-1/A
Chunk 185
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means that subaccount of the collection account into which funds collected by the servicer in excess of
amounts necessary to make the payments specified on a given payment date.

Exchange Act means the Securities Exchange Act of 1934,
as amended.

Exempted customers means customers who participate in the CARE program and/or the FERA program.

Expected sinking fund schedule means, with respect to any tranche of the bonds, the expected sinking fund schedule related thereto set
forth in the series supplement.

FERA means the Family Electric Rate Assistance program under the Public Utilities Code.

Final maturity date means, with respect to each tranche of bonds, the final maturity date therefor as specified in the series
supplement.

Financing order means, unless the context indicates otherwise, the irrevocable financing order issued by the CPUC as
Decision D. 25-08-033, on August 29, 2025.

Fixed recovery charge collections means fixed recovery charges revenues received by the servicer to be remitted to the collection
account.

Fixed recovery charges means the fixed recovery charges authorized by the financing order.

FRC consumer class means each class of customers identified as a separate rate class in GRC or related proceeding of the servicer.

General subaccount means the general subaccount, a subaccount of the collection account created by the indenture and held by the
trustee under the indenture.

GRC means a general rate case of the Servicer brought before the CPUC.

Holder or Bondholder means a registered holder of the bonds.

Indenture means the indenture to be entered into between the issuing entity and the trustee, providing for the issuance of bonds, as
the same may be amended and supplemented from time to time.

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Independent manager means each person appointed as an “independent
manager” of the issuing entity pursuant to the limited liability company agreement.

Independent manager fee means the fee
payable to the independent manager(s) pursuant to the limited liability company agreement.

Internal Revenue Codemeans the
Internal Revenue Code of 1986, as amended.

Issuing entity means SCE Recovery Funding LLC.

kW means kilowatt.

kWh means kilowatt-hour.

Limited liability company agreement means the Amended and Restated Limited Liability Company Agreement of SCE Recovery Funding LLC,
dated as of January 14, 2021.

LPC means any late payment charge that is or is permitted to be charged to customers by SCE.

Marginal Cost and Revenue Allocation Settlement Agreement means the settlement agreement