Company: WELPM
Filing Date: 2025-09-18
Form Type: 424B5
Source: 0001104659-25-091050
Chunk: 40

Company: WISCONSIN ELECTRIC POWER CO
Filing Date: 2025-09-18
Form: 424B5
Chunk 40
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, if any, of any debt securities of that series when those payments become due 
 and payable at maturity or upon redemption, acceleration or otherwise;                                                              |

| ● | we default in the payment or satisfaction of any sinking fund obligation with respect to any debt securities of that series as required 
 by the securities resolution establishing that series and the default continues for a period of 60 days;                                |

| ● | we default in the performance of any of our other agreements applicable to that series and the default continues for 90 days after 
 the notice specified below;                                                                                                        |

| ● | pursuant to or within the meaning of any bankruptcy law, we: |

| ● | commence a voluntary case, |

| ● | consent to the entry of an order for relief against us in an involuntary case, |

| ● | consent to the appointment of a custodian for us or for all or substantially all of our property, or |

| ● | make a general assignment for the benefit of our creditors; |

| ● | a court of competent jurisdiction enters an order or decree under any bankruptcy law that remains unstayed and in effect for 60 days 
 and that:                                                                                                                            |

| ● | is for relief against us in an involuntary case, |

| ● | appoints a custodian for us or for all or substantially all of our property, or |

| ● | orders us to liquidate; or |

| ● | there occurs any other event of default provided for in that series. (Section 6.01) |

The term “bankruptcy law” means Title 11,
U.S. Code or any similar federal or state law for the relief of debtors. The term “custodian” means any receiver, trustee,
assignee, liquidator or a similar official under any bankruptcy law. (Section 6.01)

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A default under the indenture means any event which
is, or after notice, passage of time, or both, would be, an event of default under the indenture. (Section 1.01) A default under
the fourth bullet point above is not an event of default until the trustee or the holders of at least 25% in principal amount of the series
notify us of the default and we do not cure the default within the time specified after receipt of the notice. (Section 6.01)

If an event of default occurs under the indenture
and is continuing with respect to a series, the trustee by notice to us,