Company: SCE-PL
Filing Date: 2025-11-17
Form Type: 424B3
Source: 0001193125-25-283973
Chunk: 133

Company: SOUTHERN CALIFORNIA EDISON Co
Filing Date: 2025-11-17
Form: 424B3
Chunk 133
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 its accounts receivables owing from customers who are obligated to pay the fixed recovery charge, the seller and the other parties to such arrangement shall enter into an intercreditor agreement 
 in connection therewith and the terms of the documentation evidencing such trade receivables purchase and sale arrangement or similar arrangement shall expressly exclude fixed recovery charges from any receivables or other assets pledged or sold     
 under such arrangement.                                                                                                                                                                                                                                   |

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| • |     | If the seller enters into a sale agreement selling to any other affiliate recovery property or similar property,                                                                                                                                      
 consisting of nonbypassable charges payable by customers comparable to those sold by the seller pursuant to the sale agreement, the rating agency condition must be satisfied with respect to the bonds prior to or coincident with such sale and the 
 seller will enter into an intercreditor agreement with us, the trustee for the bonds, the issuing entity of any such additional recovery bonds or additional other bonds and the trustee for such additional recovery bonds or additional other bonds 
 described in “Security for the Bonds—Intercreditor Agreement”.                                                                                                                                                                                        |

| • |     | The seller will notify us and the trustee promptly after becoming aware of any lien on any of the recovery                                                                                                      
 property, other than the conveyances under the sale agreement, or any lien under the basic documents or under the Wildfire Financing Law or the UCC in favor of the trustee for the benefit of the bondholders. |

| • |     | The seller agrees to comply with its organizational or governing documents and all laws, treaties, rules,                                                                                                                                      
 regulations and determinations of any governmental authority applicable to it, except to the extent that failure to so comply would not materially adversely affect our or the trustee’s interests in the recovery property or under the basic 
 documents to which the seller is a party or the seller’s performance of its obligations under the basic documents to which the seller is a party.                                                                                              |

| • |     | So long as any of the bonds are outstanding, the seller will: |

| • |     | treat the recovery property as our property for all purposes other than for financial reporting, state or federal 
 regulatory or tax purposes;                                                                                       |

| • |     | treat the bonds as debt of the issuing entity, other than for financial reporting, state or federal regulatory or 
 tax purposes;                                                                                                     |

| • |     | disclose in its financial statements that we and not the seller are the owner of the recovery property and that 
 our assets are not available to pay creditors