INDENTURE by and among DUKE ENERGY PROGRESS NC STORM FUNDING II LLC, Issuer and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, Indenture Trustee and U.S. BANK NATIONAL ASSOCIATION, Securities Intermediary and Account Bank Dated as of September 30, 2025Indenture • September 30th, 2025 • Duke Energy Progress NC Storm Funding II LLC • Electric & other services combined • New York
INDENTURE by and among DUKE ENERGY CAROLINAS NC STORM FUNDING II LLC, Issuer and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, Indenture Trustee and U.S. BANK NATIONAL ASSOCIATION, Securities Intermediary and Account Bank Dated as of September 30, 2025Indenture • September 30th, 2025 • Duke Energy Carolinas NC Storm Funding II LLC • Electric services • New York
This INDENTURE, dated as of September 30, 2025, is by and among DUKE ENERGY CAROLINAS NC STORM FUNDING II LLC, a Delaware limited liability company, and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, in its capacity as trustee for the benefit of the Secured Parties and U.S. BANK NATIONAL ASSOCIATION, in its capacity as a securities intermediary and account bank.