Company: SCE-PL
Filing Date: 2025-11-17
Form Type: 424B3
Source: 0001193125-25-283973
Chunk: 188

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-11-17
Form: 424B3
Chunk 188
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NRSRO means a nationally recognized statistical rating organization.

Outstanding means, as of the date of determination, all recovery bonds theretofore authenticated and delivered under the Indenture
except:

(a) bonds theretofore canceled by the bond registrar or delivered to the bond registrar for cancellation;

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(b) bonds or portions thereof the payment for which money in the necessary amount has been
theretofore deposited with the trustee or any paying agent in trust for the holders of such bonds; and

(c) bonds in exchange for or in
lieu of other bonds which have been issued pursuant to this Indenture unless proof satisfactory to the trustee is presented that any such bonds are held by a protected purchaser (as defined in
Section 8-303 of the UCC);

provided that in determining whether the holders of the requisite
outstanding amount of the bonds or any tranche thereof have given any request, demand, authorization, direction, notice, consent or waiver hereunder or under any basic document, bonds owned by the issuing entity, any other obligor upon the bonds,
the member, the seller, the servicer or any affiliate of any of the foregoing persons shall be disregarded and deemed not to be outstanding, except that, in determining whether the trustee shall be protected in relying upon any such request, demand,
authorization, direction, notice, consent or waiver, only bonds that the trustee actually knows to be so owned shall be so disregarded. Bonds so owned that have been pledged in good faith may be regarded as outstanding if the pledgee establishes to
the satisfaction of the trustee the pledgee’s right so to act with respect to such bonds and that the pledgee is not the issuing entity, any other obligor upon the bonds, the member, the seller, the servicer or any affiliate of any of the
foregoing persons.

Outstanding amount means the aggregate principal amount of all bonds or, if the context requires, all bonds of
a tranche, outstanding at the date of determination.

Operating expenses means all unreimbursed fees, costs and expenses of the
issuing entity, including all amounts owed by the issuing entity to the trustee, any manager of the issuing entity, the servicing fee, the administration fee, legal and accounting fees, rating agency fees, costs and expenses of the issuing entity
and SCE, the return on equity due SCE for its capital contribution.

Payment date means the date or dates on which interest and
principal are to be payable on the bonds.

Period