Company: SCE-PL
Filing Date: 2025-10-28
Form Type: SF-1/A
Source: 0001193125-25-253849
Chunk: 189

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-10-28
Form: SF-1/A
Chunk 189
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 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 recovery property.

Special payment date has the meaning specified under “Description of the Bonds—Payment on the Bonds” in this
prospectus.

Sponsor means Southern California Edison Company.

State pledge has the meaning specified under “Prospectus Summary of Terms—State Pledge” in this prospectus.

Tariffmeans the rate tariff submitted with the California commission as the issuance advice letter delivered pursuant to the
financing order to evidence the fixed recovery charges, as amended.

Treasury Regulations means proposed or issued regulations
promulgated from time to time under the Internal Revenue Code.

True-up means a mechanism
required by the Wildfire Financing Law and the financing order whereby the servicer will apply to the California commission for adjustments to the applicable fixed recovery charges based on actual collected fixed recovery charges and updated
assumptions by the servicer as to future collections of fixed recovery charges.

Trust Indenture Act means the