Company: SCE-PL
Filing Date: 2025-11-17
Form Type: 424B3
Source: 0001193125-25-283973
Chunk: 190

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-11-17
Form: 424B3
Chunk 190
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 and sold or otherwise conveyed to the issuing entity under the sale agreement, including the right to impose, collect and receive the fixed recovery charges authorized in the financing order.

Regulation AB means the rules of the SEC promulgated under Subpart 229.1100 – Asset-Backed Securities (Regulation AB), 17 C.F.R. §§229.1100-229.1125, as such may be amended from time to time.

Regulation RR means
Rule 19(b)(8) of the risk retention regulations in 17 C.F.R. Part 246 promulgated under the Exchange Act.

Required capital level
means the amount required to be funded in the capital subaccount, which will equal 0.50% of the principal amount of bonds issued by us.

Routine true-upadjustments has the meaning specified under “SCE’s Financing Order— Fixed Recovery Charges—The Financing Order Requires the Servicer to Periodically “True-Up”the Fixed Recovery Charge” in this prospectus.

S&P means Standard & Poor’s Ratings Group, Inc. or any successor in interest.

Sale agreement means the sale agreement to be entered into between the issuing entity and SCE, pursuant to which SCE sells and SCE
Recovery Funding LLC buys the recovery property.

SCEmeans Southern California Edison Company.

Seller means Southern California Edison Company.

Series 2021-ABonds means the $337,783,000 Senior Secured Recovery Bonds, Series 2021-A issued by us on February 24, 2021.

Series 2022-ABonds means the $533,265,000 Senior Secured Recovery Bonds, Series 2022-A issued by us on February 15, 2022.

Series 2023-ABonds means the $775,419,000 Senior Secured Recovery Bonds, Series 2023-A issued by us on April 27, 2023.

Series supplement means the supplement to the
indenture which establishes the specific terms of the bonds.

Servicer means SCE, acting as the servicer, and any successor or
assignee servicer, which will service the recovery property under a servicing agreement with the issuing entity.

Servicer default
has the meaning specified under “The Servicing Agreement—Servicer Defaults” in this prospectus.

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Servicing agreement means the servicing agreement to be entered into between the
issuing entity and SCE, as the same may be amended and supplemented from time to time, pursuant to which SCE undertakes to service the