Common use of Duties of Servicer Generally Clause in Contracts

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Property; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Property; responding to inquiries by Consumers, the CPUC, or any federal, local or other state governmental authorities with respect to the Recovery Property; delivering Bills to Consumers and ESPs, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; and taking action in connection with True-Up Adjustments as set forth herein. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and ▇▇▇▇ calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Property; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Property; responding to inquiries by ConsumersCustomers, the CPUCNYPSC, or any federal, local or other state governmental authorities with respect to the Recovery PropertyProperty or Recovery Charges; delivering Bills investigating and handling delinquencies (and furnishing reports with respect to Consumers and ESPssuch delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffthe Compliance Tariff Statement; furnishing periodic reports and current reports to the Issuer, the Indenture Trustee and the Rating Agencies; collecting applicable sales, franchise and other similar taxes on the Recovery Charges and remitting such taxes to the appropriate taxing authority on a timely basis; and taking action in connection with True-Up Adjustments as set forth herein. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified and limited in their entirety by any CPUC NYPSC Regulations, the Act, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and ▇▇▇▇ bill calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Property; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Property; responding to inquiries by Consumers, the CPUC, or any federal, local or other state governmental authorities with respect to the Recovery Property; delivering Bills to Consumers and ESPs, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; and taking action in connection with True-Up Adjustments as set forth herein. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&ESCE’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and ▇▇▇▇ calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Duties of Servicer Generally. The Servicer’s duties in general shall include include: management, servicing and administration of the Recovery Securitization Property; obtaining meter reads, calculating electric usage, usage and billing, collections collecting and posting of all payments in respect of the Recovery PropertySecuritization Property or Securitization Charges; responding to inquiries by ConsumersCustomers, the CPUC, Commission or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery PropertySecuritization Property or Securitization Charges; delivering Bills to Consumers Customers; investigating and ESPshandling delinquencies (and furnishing reports with respect to such delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; making all filings with the Commission and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Indenture Trustee’s first priority Lien on the Securitization Property; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s Lien on all Securitization Bond Collateral; selling as the agent for the Issuer as its interests may appear defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Commission Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and ▇▇▇▇ calculation, billing, customer service functions, collections, posting, payment processing and remittance set forth in Annex I heretoExhibit A. Any processing and depositing of collections, as it may making of periodic remittances and furnishing of periodic reports set forth in this Section 3.01(a) shall be amended from time subject to time. For the avoidance provisions of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demandIntercreditor Agreement.

Duties of Servicer Generally. (i) The Servicer’s duties in general shall include include: management, servicing and administration of the Recovery Series Property; obtaining meter readscalculating number of customers, calculating electric usageusage and demand, billingbilling the Series Charges, collections collecting the Series Charges from Customers and posting of all payments in respect of the Recovery Property; collections, responding to inquiries by ConsumersCustomers, the CPUC, Commission or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery PropertySeries Property or Series Charges; delivering Bills investigating and handling delinquencies (and furnishing reports with respect to Consumers and ESPssuch delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic and current reports to the Issuer, the Indenture Trustee and the Rating Agencies; making all filings with the Commission and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Indenture Trustee’s first priority Lien on the Series Property; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s Lien on all the Collateral; selling as the agent for the Issuer, as its interests may appear, defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Commission Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a3.01(a)(i), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage usage, demand, customer count and ▇▇▇▇ bill calculation, billing, customer service functions, collections, posting, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.Exhibit A.

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Securitized Utility Tariff Property; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Securitized Utility Tariff Property; responding to inquiries by ConsumersCustomers, the CPUCMPSC, or any federal, local or other state governmental authorities with respect to the Recovery PropertySecuritized Utility Tariff Property or Securitized Utility Tariff Charges; delivering Bills investigating and handling delinquencies (and furnishing reports with respect to Consumers and ESPssuch delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; furnishing periodic reports and current reports to the Issuer, the Indenture Trustee and the Rating Agencies; collecting applicable sales, franchise and other similar taxes on the Securitized Utility Tariff Charges and remitting such taxes to the appropriate taxing authority on a timely basis; and taking action in connection with True-Up Adjustments as set forth herein. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified and limited in their entirety by any CPUC MPSC Regulations, the Securitization Law, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and ▇▇▇▇ bill calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Duties of Servicer Generally. The Servicer’s duties in general shall include include: management, servicing and administration of the Cost Recovery Property; obtaining meter reads, calculating electric usagerevenue, billing, collections and posting of all payments in respect of the Cost Recovery Property; responding to inquiries by ConsumersCustomers, the CPUCCommission, or any federal, local or other state governmental authorities Governmental Authority with respect to the Cost Recovery Property; delivering Bills to Consumers Customers; investigating and ESPshandling delinquencies (and furnishing reports with respect to such delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; making all filings with the Commission and taking such other action as may be necessary to perfect the Issuer’s ownership interests, and the Indenture Trustee’s first priority Lien on and security interest, in the Cost Recovery Property; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s Lien on and security interest in all Collateral; selling, as the agent for the Issuer, as its interests may appear, defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with the True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Commission Regulations, the Financing Order Order, and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including without limitation, Regulation ABAB and Rule 17g-5, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage revenue, and ▇▇▇▇ bill calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usagerevenue” when used herein includes references refers to both revenues generated from Customers and may, among things, be based on kilowatt hour consumption and kilowatt demand.

Duties of Servicer Generally. The Servicer’s duties in general shall include include: management, servicing and administration of the Recovery Securitization Property; obtaining meter reads, calculating electric usage, usage and billing, collections collecting and posting of all payments in respect of the Recovery PropertySecuritization Property or Securitization Charges; responding to inquiries by ConsumersCustomers, the CPUC, Commission or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery PropertySecuritization Property or Securitization Charges; delivering Bills to Consumers Customers; investigating and ESPshandling delinquencies (and furnishing reports with respect to such delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; making all filings with the Commission and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Indenture Trustee’s first priority Lien on the Securitization Property; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s Lien on all Securitization Bond Collateral; selling as the agent for the Issuer as its interests may appear defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by the Statute, any CPUC Commission Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and ▇▇▇▇ bill calculation, billing, customer service functions, collections, posting, payment processing and remittance set forth in Annex I heretoExhibit A. Any processing and depositing of collections, as it may making of periodic remittances and furnishing of periodic reports set forth in this Section 3.01(a) shall be amended from time subject to time. For the avoidance provisions of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demandIntercreditor Agreement.

Duties of Servicer Generally. The Servicer will manage, service, administer and make collections in respect of the Environmental Control Property. The Servicer’s duties in general shall will include management(i) calculating and billing the Environmental Control Charges, servicing collecting Environmental Control Charge Payments, and administration of remitting all Environmental Control Charge Collections to the Recovery PropertyIndenture Trustee; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Property; (ii) responding to inquiries by ConsumersCustomers, Third Parties, the CPUCPSCWV, or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery Environmental Control Property, including the Environmental Control Charges; delivering Bills to Consumers and ESPs(iii) accounting for Environmental Control Charge Collections, investigating delinquencies, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; remittances, furnishing periodic reports to the Issuer, the Indenture Trustee Trustee, the PSCWV and the Rating Agencies; (iv) selling defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; and (v) taking action in connection with True-Up Adjustments as according to the procedures set forth hereinherein and in Exhibit A hereto. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, applicable Requirements of Law as may be in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage usage, demand and ▇▇▇▇ calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I Exhibit A hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Property; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Property; responding to inquiries by Consumers, the CPUC, or any federal, local or other state governmental authorities with respect to the Recovery Property; delivering Bills to Consumers and ESPs, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; and taking action in connection with True-Up Adjustments as set forth herein. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&ESCE’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and ▇▇▇▇ bill calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Transition Property; obtaining meter reads, calculating electric usageusage (including demand and including any such usage by Customers served by a REP), billing, collections and posting of all payments in respect of the Recovery Transition Property; responding to inquiries by ConsumersCustomers, REPs, the CPUCPUCT, or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery Transition Property; delivering Bills to Consumers Customers or REPs; investigating and ESPshandling delinquencies (and furnishing reports with respect to such delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; making all filings with the PUCT and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Indenture Trustee’s first priority Lien on and security interest in the Transition Property; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s Lien on and security interest in all System Restoration Bond Collateral; selling as the agent for the Issuer as its interests may appear defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC PUCT Regulations, the Financing Order Order, and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including without limitation, Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and ▇▇▇▇ calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references refers to both kilowatt hour consumption and kilowatt demand.

Duties of Servicer Generally. (i) The Servicer’s duties in general shall include include: management, servicing and administration of the Recovery Securitization Property; obtaining meter reads, calculating electric usage, usage and billing, collections collecting and posting of all payments in respect of the Recovery PropertySecuritization Property or Securitization Charges; responding to inquiries by ConsumersCustomers, the CPUC, Commission or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery PropertySecuritization Property or Securitization Charges; delivering Bills to Consumers the Customers; investigating and ESPshandling delinquencies (and furnishing reports with respect to such delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; making all filings with the Commission and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Indenture Trustee’s first priority Lien on the Securitization Property; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s Lien on all Securitization Bond Collateral; selling as the agent for the Issuer, as its interests may appear, defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by the Statute, any CPUC Commission Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including including, without limitation, Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a3.01(a)(i), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and ▇▇▇▇ usage, bill calculation, billing, customer service functions, collections, posting, payment processing and remittance set forth in Annex I attached hereto. Any processing and depositing of collections, as it may making of periodic remittances and furnishing of periodic reports set forth in this Section 3.01(a) shall be amended from time subject to time. For the avoidance provisions of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demandIntercreditor Agreement.

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Property; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Property; responding to inquiries by Consumers, the CPUC, or any federal, local or other state governmental authorities with respect to the Recovery Property; delivering Bills to Consumers and ESPs, processing and depositing collections and making periodic remittances pursuant to the Wildfire Financing Law, the Financing Order and each Tariff; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; and taking action in connection with True-Up Adjustments as set forth herein. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and ▇▇▇▇ bill calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Securitized Utility Tariff Property; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Securitized Utility Tariff Property; responding to inquiries by ConsumersCustomers, the CPUCMPSC, or any federal, local or other state governmental authorities with respect to the Recovery Securitized Utility Tariff Property; delivering Bills to Consumers and ESPsCustomers, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; collecting applicable sales, franchise and other similar taxes on the Securitized Utility Tariff Charges and remitting such taxes to the appropriate taxing authority on a timely basis; collecting Income Tax, included in the Securitized Utility Tariff Charge, that will be owed by the Liberty with respect to such Securitized Utility Tariff Charges and distributing such amounts to Liberty Utilities (America) Co. which will file the consolidated US income tax return on behalf of the consolidated group that includes Liberty; and taking action in connection with True-Up Adjustments as set forth herein. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC MPSC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and ▇▇▇▇ bill calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Duties of Servicer Generally. The Servicer’s duties in general shall include include: management, servicing and administration of the Recovery Securitization Property; obtaining meter readscalculating electricity consumption, calculating electric usagebilling the Securitization Charges, billing, collecting the Securitization Charges from Customers and remitting all collections and posting of all payments in respect of the Recovery Securitization Property; responding to inquiries by ConsumersCustomers, the CPUCIndiana Commission, or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery PropertySecuritization Property or the Securitization Charges; delivering Bills investigating and handling delinquencies (and furnishing reports with respect to Consumers and ESPssuch delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic and current reports to the Issuer, the Indenture Indiana Commission, the Trustee and the Rating Agencies; making all filings with the Indiana Commission and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Trustee’s first priority Lien on the Securitization Property and other portions of the Trust Estate; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Trustee’s Lien on all of the Trust Estate; selling, as the agent for the Issuer, defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC applicable Indiana Commission Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including without limitation, Regulation ABAB and Rule 17g-5, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and ▇▇▇▇ bill calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.I.

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Transition Property; obtaining meter reads, calculating electric usageusage (including demand and including any such usage by Customers served by a REP), billing, collections and posting of all payments in respect of the Recovery Transition Property; responding to inquiries by ConsumersCustomers, REPs, the CPUCPUCT, or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery Transition Property; delivering Bills to Consumers Customers or REPs; investigating and ESPshandling delinquencies (and furnishing reports with respect to such delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; making all filings with the PUCT and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Indenture Trustee’s first priority lien and security interest on the Transition Property; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s lien on and security interest in all Transition Bond Collateral; selling as the agent for the Issuer as its interests may appear defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Applicable Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC PUCT Regulations, the Applicable Financing Order Orders, and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including without limitation, Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and ▇▇▇▇ calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references refers to both kilowatt hour consumption and kilowatt demand.

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Transition Property; obtaining meter reads, calculating electric usageusage (including demand and including any such usage by Customers served by a REP), billing, collections and posting of all payments in respect of the Recovery Transition Property; responding to inquiries by ConsumersCustomers, REPs, the CPUCPUCT, or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery Transition Property; delivering Bills to Consumers Customers or REPs; investigating and ESPshandling delinquencies (and furnishing reports with respect to such delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; making all filings with the PUCT and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Indenture Trustee’s first priority Lien on and security interest in the Transition Property; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s Lien on and security interest in all Transition Bond Collateral; selling as the agent for the Issuer as its interests may appear defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC PUCT Regulations, the Financing Order Order, and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including without limitation, Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and ▇b▇▇▇ calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references refers to both kilowatt hour consumption and kilowatt demand.

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Property; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Property; responding to inquiries by Consumers, the CPUC, or any federal, local or other state governmental authorities with respect to the Recovery Property; delivering Bills to Consumers and ESPs, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; and taking action in connection with True-Up Adjustments as set forth herein. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and ▇▇▇▇ bill calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Duties of Servicer Generally. (i) The Servicer’s duties in general shall include include: management, servicing and administration of the Recovery Securitization Property; obtaining meter reads, calculating electric usage, ; billing, collections and posting of all payments in respect of the Recovery PropertySecuritization Property or Securitization Charges; responding to inquiries by ConsumersCustomers, the CPUC, Commission or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery PropertySecuritization Property or Securitization Charges; delivering Bills to Consumers the respective Customers; investigating and ESPshandling delinquencies (and furnishing reports with respect to such delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; making all filings with the Commission and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Indenture Trustee’s first priority Lien on the Securitization Property; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s Lien on all Securitization Bond Collateral; selling as the agent for the Issuer, as its interests may appear, defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Commission Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including including, without limitation, Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a3.01(a)(i), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and usage, ▇▇▇▇ calculation, billing, customer service functions, collections, posting, payment processing and remittance set forth in Annex I attached hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Duties of Servicer Generally. The Servicer will manage, service, administer and make collections in respect of the Transition Bond Charge. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Property; will include: (i) obtaining meter reads, calculating electric usageand billing the Transition Bond Charge in accordance with the Financing Order and collecting the Transition Bond Charge from Customers and Third Parties, billing, collections and posting of all payments in respect of the Recovery Property; as applicable; (ii) responding to inquiries by ConsumersCustomers, Third Parties, the CPUCBPU, or any federal, local or other state governmental authorities authority with respect to the Recovery Property; Transition Bond Charge; (iii) delivering Bills bills or arranging for the delivery of bills to Consumers Customers and ESPsThird Parties, accounting for TBC Collections, investigating and resolving delinquencies (and furnishing reports with respect to such delinquencies to the Issuer), processing and depositing collections and collections, making periodic remittances pursuant to the Financing Order and each Tariff; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; (iv) selling, as the agent for the Issuer, as its interest may appear, defaulted or written off accounts in accordance with the Servicer’s usual and customary practices for accounts of its own electric service customers; and and (v) taking action in connection with True-Up Transition Bond Charge Adjustments as set forth herein. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by the Competition Act and any CPUC Regulationsother applicable law effective in New Jersey, the Financing Order Order, any BPU Regulations and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including without limitation, Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the procedures, duties and responsibilities relating set forth in Exhibit A hereto which, among other things, relate to data acquisition, usage and ▇▇▇▇ calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demandremittance.

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Property; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Property; responding to inquiries by Consumers, the CPUC, or any federal, local or other state governmental authorities with respect to the Recovery Property; delivering Bills to Consumers and ESPs, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; and taking action in connection with True-Up Adjustments as set forth herein. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&EPacific Gas and Electric Company’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, Regulations as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, electric usage and ▇b▇▇▇ calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Duties of Servicer Generally. The Servicer will manage, service, administer and make collections in respect of the Transferred Environmental Control Property. The Servicer’s duties in general shall will include management(i) calculating and billing the Environmental Control Charges, servicing collecting Environmental Control Charge Payments, and administration of remitting all Environmental Control Charge Collections to the Recovery PropertyIndenture Trustee; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Property; (ii) responding to inquiries by ConsumersCustomers, Third Parties, the CPUCPSCWV, or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery Transferred Environmental Control Property, including the Environmental Control Charges; delivering Bills to Consumers and ESPs(iii) accounting for Environmental Control Charge Collections, investigating delinquencies, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; remittances, furnishing periodic reports to the Issuer, the Indenture Trustee Trustee, the PSCWV and the Rating Agencies; (iv) selling defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; and (v) taking action in connection with True-Up Adjustments as according to the procedures set forth hereinherein and in Exhibit A hereto. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, applicable Requirements of Law as may be in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage usage, demand and ▇b▇▇▇ calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I Exhibit A hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Duties of Servicer Generally. The Servicer will manage, service, administer and make collections in respect of the Transferred Environmental Control Property. The Servicer’s duties in general shall will include management(i) calculating and billing the Environmental Control Charges, servicing collecting Environmental Control Charge Payments, and administration of the Recovery Propertyremitting all Environmental Control Charge Collections; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Property; (ii) responding to inquiries by ConsumersCustomers, Third Parties, the CPUCPSCWV, or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery Transferred Environmental Control Property, including the Environmental Control Charges; delivering Bills to Consumers and ESPs(iii) accounting for Environmental Control Charge Collections, investigating delinquencies, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; remittances, furnishing periodic reports to the Issuer, the Indenture Trustee Trustee, the PSCWV and the Rating Agencies; (iv) selling defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; and (v) taking action in connection with True-Up Adjustments as according to the procedures set forth hereinherein and in Exhibit A hereto. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, applicable Requirements of Law as may be in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage usage, demand and ▇▇▇▇ calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I Exhibit A hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Duties of Servicer Generally. The Servicer’s duties in general shall include management, servicing and administration of the Recovery Property; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Property; responding to inquiries by Consumers, the CPUC, or any federal, local or other state governmental authorities with respect to the Recovery Property; delivering Bills to Consumers and ESPs, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; and taking action in connection with True-Up Adjustments as set forth herein. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&EPacific Gas and Electric Company’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, Regulations as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, electric usage and ▇▇▇▇ calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Duties of Servicer Generally. The Servicer’s 's duties in general shall include management, servicing and administration of the Recovery Transition Property; obtaining meter reads, calculating electric usageusage (including demand and including any such usage by Customers served by a REP), billing, collections and posting of all payments in respect of the Recovery Transition Property; responding to inquiries by ConsumersCustomers, REPs, the CPUCPUCT, or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery Transition Property; delivering Bills to Consumers Customers and ESPsREPs, investigating and handling delinquencies, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic reports to the Note Issuer, the Indenture Trustee and the Rating Agencies; making all filings with the PUCT as may be necessary to perfect the Note Issuer's ownership interests in and the Indenture Trustee's lien on the Transition Property, and taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of the duties set forth above may be performed by ESPs REPs pursuant to ESP REP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Agreements. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, PUCT Regulations as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and ▇▇▇▇ calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” usage when used herein includes references refers to both kilowatt hour consumption and kilowatt demand.

Duties of Servicer Generally. The Servicer will manage, service, administer and make collections in respect of the Transferred Environmental Control Property. The Servicer’s duties in general shall will include management(i) calculating and billing the Environmental Control Charges, servicing collecting Environmental Control Charge Payments, and administration of remitting all Environmental Control Charge Collections to the Recovery PropertyIndenture Trustee; obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Property; (ii) responding to inquiries by ConsumersCustomers, Third Parties, the CPUCPSCWV, or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery Transferred Environmental Control Property, including the Environmental Control Charges; delivering Bills to Consumers and ESPs(iii) accounting for Environmental Control Charge Collections, investigating delinquencies, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariff; remittances, furnishing periodic reports to the Issuer, the Indenture Trustee Trustee, the PSCWV and the Rating Agencies; (iv) selling defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; and (v) taking action in connection with True-Up Adjustments as according to the procedures set forth hereinherein and in Exhibit A hereto. Certain of the duties set forth above may be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, applicable Requirements of Law as may be in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage usage, demand and ▇▇▇▇ calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I Exhibit A hereto, as it may be amended from time to time. For the avoidance of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demand.

Duties of Servicer Generally. The Servicer’s duties in general shall include include: management, servicing and administration of the Recovery Securitization Property; obtaining meter reads, calculating electric usage, usage and billing, collections collecting and posting of all payments in respect of the Recovery PropertySecuritization Property or Securitization Charges; responding to inquiries by ConsumersCustomers, the CPUC, Commission or any federal, local or other state governmental authorities Governmental Authority with respect to the Recovery PropertySecuritization Property or Securitization Charges; delivering Bills to Consumers Customers; investigating and ESPshandling delinquencies (and furnishing reports with respect to such delinquencies to the Issuer), processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic reports to the Issuer, the Indenture Trustee and the Rating Agencies; making all filings with the Commission and taking such other action as may be necessary to perfect the Issuer’s ownership interests in and the Indenture Trustee’s first priority Lien on the Securitization Property; making all filings and taking such other action as may be necessary to perfect and maintain the perfection and priority of the Indenture Trustee’s Lien on all Securitization Bond Collateral; selling as the agent for the Issuer as its interests may appear defaulted or written off accounts in accordance with the Servicer’s usual and customary practices; taking all necessary action in connection with True-Up Adjustments as set forth herein. Certain of ; and performing such other duties as may be specified under the duties set forth above may Financing Order to be performed by ESPs pursuant to ESP Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” it. Anything to the contrary notwithstanding, the duties of the Servicer set forth in this Servicing Agreement shall be qualified in their entirety by any CPUC Commission Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and ▇▇▇▇ bill calculation, billing, customer service functions, collections, posting, payment processing and remittance set forth in Annex I heretoExhibit A. Any processing and depositing of collections, as it may making of periodic remittances and furnishing of periodic reports set forth in this Section 3.01(a) shall be amended from time subject to time. For the avoidance provisions of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demandIntercreditor Agreement.

Duties of Servicer Generally. The Servicer’s 's duties in general shall include management, servicing and administration of the Recovery PropertyIntangible Transition Property (including maintaining records of the cumulative total of IFC Collections and verifying that such amount has not exceeded any cap established by the ICC pursuant to a Funding Order)(1); obtaining meter reads, calculating electric usage, billing, collections and posting of all payments in respect of the Recovery Intangible Transition Property; responding to inquiries by ConsumersCustomers, the CPUC, ICC or any federal, local or other state governmental authorities with respect to the Recovery Intangible Transition Property; delivering Bills to Consumers Customers and ESPsARES, investigating and handling delinquencies, processing and depositing collections and making periodic remittances pursuant to the Financing Order and each Tariffremittances; furnishing periodic reports to the Grantee, the Note Issuer, the Indenture Trustee and the Rating Agencies; and taking all necessary action in connection with Reconciliation Adjustments and True-Up Adjustments as set forth herein. Certain of the duties set forth above may be performed by ESPs ARES pursuant to ESP ARES Service Agreements if such ESPs satisfy the creditworthiness requirements as set forth in PG&E’s Electric Rule 22.P., “Credit Requirements.” Agreements. Anything to the contrary notwithstanding, the duties of the Servicer set forth ---------------------------- (1) Need to confirm adequacy of procedures to monitor this number and whether procedures need further description in this Servicing document. in this Agreement shall be qualified in their entirety by any CPUC Regulations, the Financing Order and the U.S. federal securities laws and the rules and regulations promulgated thereunder, including Regulation AB, ICC Regulations as in effect at the time such duties are to be performed. Without limiting the generality of this Section 3.01(a), in furtherance of the foregoing, the Servicer hereby agrees that it shall also have, and shall comply with, the duties and responsibilities relating to data acquisition, usage and ▇▇▇▇ calculation, billing, customer service functions, collections, payment processing and remittance set forth in Annex I hereto, as it may be amended from time to time. For the avoidance including without limitation payment of doubt, the term “usage” when used herein includes references to both kilowatt hour consumption and kilowatt demandall Allocable IFC Revenue Amounts described therein.