Sf-1 Sample Contracts
ADMINISTRATION AGREEMENTAdministration Agreement • November 26th, 2024 • RG&E Storm Funding LLC • Electric & other services combined • New York
This ADMINISTRATION AGREEMENT, dated as of [Closing Date], 20[25] (this “Administration Agreement”), by and between ROCHESTER GAS AND ELECTRIC CORPORATION, a New York corporation (“RG&E”), as administrator (in such capacity, the “Administrator”), and RG&E STORM FUNDING, LLC, a Delaware limited liability company (the “Issuer”). Capitalized terms used but not otherwise defined herein shall have the meanings specified in Appendix A attached to the Indenture (as defined below).
AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF AEP TEXAS RESTORATION FUNDING LLC Dated and Effective as of June 12, 2019Limited Liability Company Agreement • June 28th, 2019 • AEP Texas Restoration Funding LLC • Electric services • Delaware
This AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT (this “Agreement”) of AEP TEXAS RESTORATION FUNDING LLC, a Delaware limited liability company (the “Company”), is made and entered into as of June 12, 2019 by AEP TEXAS INC., a Delaware corporation (including any additional or successor members of the Company other than Special Members, the “Member”).
NYSEG STORM FUNDING, LLC, Issuer, and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, Indenture Trustee and U.S. BANK NATIONAL ASSOCIATION, Securities Intermediary and Account Bank INDENTURE Dated as of [Closing Date], 20[25]Indenture • November 26th, 2024 • NYSEG Storm Funding LLC • Electric & other services combined • New York
This INDENTURE dated as of [Closing Date], 20[25] (this “Indenture”), by and among NYSEG STORM FUNDING, LLC, a Delaware limited liability company (the “Issuer”), and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, in its capacity as indenture trustee (the “Indenture Trustee”) for the benefit of the Secured Parties (as defined herein) and U.S. BANK NATIONAL ASSOCIATION, in its capacity as a securities intermediary and account bank (the “Securities Intermediary”).
RECOVERY PROPERTY PURCHASE AND SALE AGREEMENT by and between RG&E STORM FUNDING, LLC, as Issuer and ROCHESTER GAS AND ELECTRIC CORPORATION, as Seller Dated as of [Closing Date], 20[25]Recovery Property Purchase and Sale Agreement • November 26th, 2024 • RG&E Storm Funding LLC • Electric & other services combined • New York
This RECOVERY PROPERTY PURCHASE AND SALE AGREEMENT, dated as of [Closing Date], 20[25] (this “Agreement”), is between RG&E Storm Funding, LLC, a Delaware limited liability company (the “Issuer”), and Rochester Gas and Electric Corporation, a New York corporation (together with its successors in interest to the extent permitted hereunder, the “Seller” or “RG&E”).
LIABILITY COMPANY AGREEMENT OF RG&E STORM FUNDING, LLC Dated as ofLimited Liability Company Agreement • November 26th, 2024 • RG&E Storm Funding LLC • Electric & other services combined • Delaware
This LIMITED LIABILITY COMPANY AGREEMENT (as amended, restated or amended and restated from time to time, this “LLC Agreement”) of RG&E STORM FUNDING, LLC, a Delaware limited liability company (the “Company”), dated as of [ ] [ ], 20[25], is entered into by ROCHESTER GAS AND ELECTRIC CORPORATION, a New York corporation, as sole equity member of the Company (together with any additional or successor members of the Company, each in their capacity as a member of the Company, other than any Special Members, the “Member”), and by [Independent Manager Name], as the Independent Manager.
RECOVERY PROPERTY SERVICING AGREEMENT by and between PG&E RECOVERY FUNDING LLC, Issuer and PACIFIC GAS AND ELECTRIC COMPANY, Servicer Dated as of [Closing Date], 2024Recovery Property Servicing Agreement • April 15th, 2024 • PG&E Recovery Funding LLC • Asset-backed securities • California
This RECOVERY PROPERTY SERVICING AGREEMENT, dated as of [Closing Date], 2024 (this “Agreement”) by and between PG&E Recovery Funding LLC, a Delaware limited liability company, as issuer (the “Issuer”), and PACIFIC GAS AND ELECTRIC COMPANY (“PG&E”), a California corporation, as servicer (the “Servicer”).
INDENTURE by and between CLECO SECURITIZATION II LLC, Issuer and THE BANK OF NEW YORK MELLON TRUST COMPANY, NATIONAL ASSOCIATION, Indenture Trustee and Securities Intermediary Dated as of ____________ __, 2025Indenture • December 17th, 2024 • Cleco Power LLC • Electric services • Louisiana
This INDENTURE, dated as of _____________ __, 2025, is by and between CLECO SECURITIZATION II LLC, a Louisiana limited liability company, and THE BANK OF NEW YORK MELLON TRUST COMPANY, NATIONAL ASSOCIATION, in its capacity as indenture trustee for the benefit of the Holders and in its separate capacity as a securities intermediary.
ADMINISTRATION AGREEMENTAdministration Agreement • December 17th, 2024 • Cleco Power LLC • Electric services • Louisiana
ADMINISTRATION AGREEMENT, dated as of ____________ __, 2025 (this “Administration Agreement”), is by and between CLECO SECURITIZATION II LLC, a Louisiana limited liability company, as Issuer (the “Issuer”), and CLECO POWER LLC, a Louisiana limited liability company (“Cleco Power”), as Administrator (in such capacity, the “Administrator”). Capitalized terms used and not otherwise defined herein shall have the meanings assigned to such terms in Appendix A to the Indenture (as defined below). Not all terms defined in Appendix A are used in this Administration Agreement. The rules of construction set forth in Appendix A shall apply to this Administration Agreement and are hereby incorporated by reference into this Administration Agreement as if set forth in this Administration Agreement.
RECOVERY PROPERTY SERVICING AGREEMENT by and between NYSEG STORM FUNDING, LLC, Issuer and NEW YORK STATE ELECTRIC & GAS CORPORATION, Servicer Acknowledged and Accepted by U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Indenture Trustee Dated as of...Recovery Property Servicing Agreement • November 26th, 2024 • NYSEG Storm Funding LLC • Electric & other services combined • New York
This RECOVERY PROPERTY SERVICING AGREEMENT, dated as of [Closing Date], 20[25] (this “Agreement”) by and between NYSEG STORM FUNDING, LLC, a Delaware limited liability company, as issuer (the “Issuer”), and NEW YORK STATE ELECTRIC & GAS CORPORATION (“NYSEG”), a New York corporation, as servicer (the “Servicer”), and acknowledged and accepted by U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, as indenture trustee (the “Indenture Trustee”).
INTERCREDITOR AGREEMENTIntercreditor Agreement • January 2nd, 2025 • Kentucky Power Cost Recovery LLC • Electric & other services combined • New York
This INTERCREDITOR AGREEMENT (this “Agreement”) is made as of September 7, 2022, and amended and restated as of December 9, 2024 (the “A&R Date”), by and among:
ENERGY TRANSITION PROPERTY SERVICING AGREEMENT by and between CLECO SECURITIZATION II LLC Issuer and CLECO POWER LLC Servicer Acknowledged and Accepted by THE BANK OF NEW YORK MELLON TRUST COMPANY, NATIONAL ASSOCIATION, as Indenture Trustee Dated as...Energy Transition Property Servicing Agreement • December 17th, 2024 • Cleco Power LLC • Electric services • Louisiana
ENERGY TRANSITION PROPERTY SERVICING AGREEMENT dated as of ___________ __, 2025 (this “Agreement”) by and between CLECO SECURITIZATION II LLC, a Louisiana limited liability company (the “Issuer”), and CLECO POWER LLC, a Louisiana limited liability company (“Cleco Power”), as the servicer of the Energy Transition Property hereunder (together with each successor to Cleco Power in such capacity pursuant to Section 6.03 or 7.04, the “Servicer”), and acknowledged and accepted by THE BANK OF NEW YORK MELLON TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee.
INTERCREDITOR AGREEMENTIntercreditor Agreement • December 17th, 2024 • Cleco Power LLC • Electric services • Louisiana
The Bank of New York Mellon Trust Company, National Association, in its capacity as storm recovery bond trustee under the Indenture dated as of June 22, 2022 (the “Storm Recovery Bond Trustee”), among the Storm Recovery Bond Issuer and the Storm Recovery Bond Trustee,
ENERGY TRANSITION PROPERTY SALE AGREEMENT between CLECO SECURITIZATION II LLC Issuer and CLECO POWER, LLC Seller Dated as of _____________ __, 2025Energy Transition Property Sale Agreement • December 17th, 2024 • Cleco Power LLC • Electric services • Louisiana
ENERGY TRANSITION PROPERTY SALE AGREEMENT (this “Agreement”) dated as of _____________ __, 2025, between CLECO SECURITIZATION II LLC, a Louisiana limited liability company (the “Issuer”), and CLECO POWER, LLC, a Louisiana limited liability company, as seller (the “Seller”).
LIMITED LIABILITY COMPANY AGREEMENT OF ATMOS ENERGY KANSAS SECURITIZATION I, LLC Effective as of October 28, 2022Limited Liability Company Agreement • February 28th, 2023 • Atmos Energy Kansas Securitization I, LLC • Natural gas distribution
This Limited Liability Company Agreement is made and executed to be effective as of October 28, 2022, by Atmos Energy Corporation (“Atmos Energy”), as the sole member.
SERVICES AND INDEMNITY AGREEMENTServices and Indemnity Agreement • December 17th, 2024 • Cleco Power LLC • Electric services • New York
This Services and Indemnity Agreement, dated as of December 6, 2024 (as amended, supplemented or otherwise modified and in effect from time to time, this “Agreement”), is among Kevin P. Burns, a natural person (the “GSS Representative”), Global Securitization Services, LLC, a Delaware limited liability company (“Global”), Cleco Securitization II LLC, a Louisiana limited liability company (the “Company”), and Cleco Power LLC, a Louisiana limited liability company (“Parent”).
COLLECTION ACCOUNT INTERCREDITOR AGREEMENTCollection Account Intercreditor Agreement • April 15th, 2024 • PG&E Recovery Funding LLC • Asset-backed securities • New York
This COLLECTION ACCOUNT INTERCREDITOR AGREEMENT (as amended, modified, waived, restated or replaced from time to time, this “Agreement”), is dated as of October 5, 2020 among (i) PACIFIC GAS AND ELECTRIC COMPANY, a California corporation (the “Company”), (ii) MUFG BANK, LTD., a Japanese banking corporation, as Administrative Agent on behalf of the Credit Parties (as defined in the Receivables Financing Agreement defined below) under the Receivables Financing Agreement (as defined below) (in such capacity, together with its successors and assigns in such capacity, the “RFA Administrative Agent”); (iii) each trustee, indenture trustee, lender, administrative agent, collateral agent, purchaser or other party (excluding any Securitization SPV (as defined below)) joined hereto by execution of a joinder agreement substantially in the form attached hereto as Exhibit A (each such party, a “Joined Party” and each such joinder agreement, a “Joinder Agreement”), (iv) each Securitization SPV joine
LIMITED LIABILITY COMPANY AGREEMENT OF KENTUCKY POWER COST RECOVERY LLCLimited Liability Company Agreement • January 2nd, 2025 • Kentucky Power Cost Recovery LLC • Electric & other services combined • Delaware
This Limited Liability Company Agreement (this “Agreement”) of Kentucky Power Cost Recovery LLC is entered into by Kentucky Power Company, a Delaware corporation, as the sole member (the “Member”).
STORM RECOVERY PROPERTY SERVICING AGREEMENT by and between DUKE ENERGY CAROLINAS NC STORM FUNDING II LLC, Issuer and DUKE ENERGY CAROLINAS, LLC, Servicer Acknowledged and Accepted by Dated as of [Closing Date], 2025Storm Recovery Property Servicing Agreement • July 23rd, 2025 • Duke Energy Carolinas NC Storm Funding II LLC • Electric services • North Carolina
This STORM RECOVERY PROPERTY SERVICING AGREEMENT, dated as of [Closing Date], 2025, is by and between DUKE ENERGY CAROLINAS NC STORM FUNDING II LLC, a Delaware limited liability company, as Issuer, and DUKE ENERGY CAROLINAS, LLC, a North Carolina limited liability company, as Servicer, and acknowledged and accepted by U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee.
ADMINISTRATION AGREEMENTAdministration Agreement • July 23rd, 2025 • Duke Energy Carolinas NC Storm Funding II LLC • Electric services • North Carolina
This ADMINISTRATION AGREEMENT, dated as of [Closing Date], 2025, is entered into by and between Duke Energy Carolinas, LLC, a North Carolina limited liability company (“DEC”), as administrator (the “Administrator”), and Duke Energy Carolinas NC Storm Funding II LLC, a Delaware limited liability company (the “Issuer”).
STORM RECOVERY PROPERTY SERVICING AGREEMENT by and between DUKE ENERGY PROGRESS NC STORM FUNDING II LLC, Issuer and DUKE ENERGY PROGRESS, LLC, Servicer Acknowledged and Accepted by Dated as of [Closing Date], 2025Storm Recovery Property Servicing Agreement • July 23rd, 2025 • Duke Energy Progress NC Storm Funding II LLC • Electric services • North Carolina
This STORM RECOVERY PROPERTY SERVICING AGREEMENT, dated as of [Closing Date], 2025, is by and between DUKE ENERGY PROGRESS NC STORM FUNDING II LLC, a Delaware limited liability company, as Issuer, and DUKE ENERGY PROGRESS, LLC, a North Carolina limited liability company, as Servicer, and acknowledged and accepted by U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee.
LIMITED LIABILITY COMPANY OPERATING AGREEMENT OF CLECO SECURITIZATION II LLC Dated and Effective as of November 21, 2024Operating Agreement • December 17th, 2024 • Cleco Power LLC • Electric services • Louisiana
This LIMITED LIABILITY COMPANY OPERATING AGREEMENT (this “Agreement”) of CLECO SECURITIZATION II LLC, a Louisiana limited liability company (the “Company”), is made and entered into effective as of November 21, 2024 (the “Effective Date”), by and between CLECO POWER LLC, a Louisiana limited liability company (“Cleco Power LLC”, or, including any additional or successor members of the Company other than Special Members, the “Member”), and the Company.
ADMINISTRATION AGREEMENTAdministration Agreement • July 23rd, 2025 • Duke Energy Progress NC Storm Funding II LLC • Electric services • North Carolina
This ADMINISTRATION AGREEMENT, dated as of [Closing Date], 2025, is entered into by and between Duke Energy Progress, LLC, a North Carolina limited liability company (“DEP”), as administrator (the “Administrator”), and Duke Energy Progress NC Storm Funding II LLC, a Delaware limited liability company (the “Issuer”).
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 [Closing Date], 2025Indenture • July 23rd, 2025 • Duke Energy Carolinas NC Storm Funding II LLC • Electric services • New York
This INDENTURE, dated as of [Closing Date], 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.
SYSTEM RESTORATION PROPERTY SALE AGREEMENT between CENTERPOINT ENERGY RESTORATION BOND COMPANY II, LLC Issuer and CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC Seller Dated as of _________ __, 2025System Restoration Property Sale Agreement • June 20th, 2025 • Centerpoint Energy Houston Electric LLC • Electric services • Texas
SYSTEM RESTORATION PROPERTY SALE AGREEMENT dated as of _________ __, 2025, between CENTERPOINT ENERGY RESTORATION BOND COMPANY II, LLC, a Delaware limited liability company (the “Issuer”), and CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC, a Texas limited liability company, as seller, and acknowledged and accepted by U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as indenture trustee (the “Indenture Trustee”).
INDENTURE by and between CENTERPOINT ENERGY RESTORATION BOND COMPANY II, LLC, Issuer and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, Indenture Trustee and U.S. BANK NATIONAL ASSOCIATION Securities Intermediary Dated as of ____________ __, 2025Indenture • June 20th, 2025 • Centerpoint Energy Houston Electric LLC • Electric services • Texas
This INDENTURE, dated as of _____________ __, 2025, is by and between CENTERPOINT ENERGY RESTORATION BOND COMPANY II, LLC, a Delaware limited liability company, and U.S. Bank Trust Company, National Association, in its capacity as indenture trustee for the benefit of the Secured Parties and U.S. Bank National Association in its capacity as a securities intermediary.
STORM RECOVERY PROPERTY PURCHASE AND SALE AGREEMENT by and between DUKE ENERGY CAROLINAS NC STORM FUNDING II LLC, Issuer and Duke Energy Carolinas, LLC, Seller Acknowledged and Accepted by U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Indenture...Storm Recovery Property Purchase and Sale Agreement • July 23rd, 2025 • Duke Energy Carolinas NC Storm Funding II LLC • Electric services • North Carolina
This STORM RECOVERY PROPERTY PURCHASE AND SALE AGREEMENT, dated as of [Closing Date], 2025, is by and between DUKE ENERGY CAROLINAS NC STORM FUNDING II LLC, a Delaware limited liability company, and Duke Energy CAROLINAS, LLC (the “Seller”), a North Carolina limited liability company, and acknowledged and accepted by U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, as indenture trustee.
AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF CENTERPOINT ENERGY RESTORATION BOND COMPANY II, LLC Dated as ofLimited Liability Company Agreement • June 20th, 2025 • Centerpoint Energy Houston Electric LLC • Electric services • Delaware
This AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT (as amended, restated or amended and restated from time to time, this “LLC Agreement”) of CENTERPOINT ENERGY RESTORATION BOND COMPANY II, LLC, a Delaware limited liability company (the “Company”), dated as of _______ __, 2025, is entered into by CenterPoint Energy Houston Electric, LLC, a Texas limited liability company, as sole equity member of the Company (together with any additional or successor members of the Company, each in their capacity as a member of the Company, other than Special Members, the “Member”), and by Bernard J. Angelo, as the Independent Manager.
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 [Closing Date], 2025Indenture • July 23rd, 2025 • Duke Energy Progress NC Storm Funding II LLC • Electric services • New York
ADMINISTRATION AGREEMENTAdministration Agreement • June 20th, 2025 • Centerpoint Energy Houston Electric LLC • Electric services • Texas
ADMINISTRATION AGREEMENT, dated as of _______ __, 2025 (this “Administration Agreement”), is by and between CenterPoint Energy Restoration Bond Company II, LLC, a Delaware limited liability company, as Issuer (the “Issuer”), and CenterPoint Energy Houston Electric, LLC, a Texas limited liability company (“CEHE”), as Administrator (in such capacity, the “Administrator”). Capitalized terms used and not otherwise defined herein shall have the meanings assigned to such terms in Appendix A to the Indenture (as defined below). Not all terms defined in Appendix A are used in this Administration Agreement. The rules of construction set forth in Appendix A shall apply to this Administration Agreement and are hereby incorporated by reference into this Administration Agreement as if set forth in this Administration Agreement.
LIMITED LIABILITY COMPANY AGREEMENT OF CENTERPOINT ENERGY RESTORATION BOND COMPANY II, LLC Effective as of June 5, 2025Limited Liability Company Agreement • June 20th, 2025 • Centerpoint Energy Houston Electric LLC • Electric services
This Limited Liability Company Agreement (this “Agreement”) is made and executed to be effective as of _______ __, 2025, by CenterPoint Energy Houston Electric, LLC, a Texas limited liability company (“CEHE”), as the sole member.
AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF DUKE ENERGY CAROLINAS NC STORM FUNDING II LLC Dated and Effective as of [ ], 2025Limited Liability Company Agreement • July 23rd, 2025 • Duke Energy Carolinas NC Storm Funding II LLC • Electric services • Delaware
This AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT (this “Agreement”) of DUKE ENERGY CAROLINAS NC STORM FUNDING II LLC, a Delaware limited liability company (the “Company”), is made and entered into as of [ ], 2025 by DUKE ENERGY CAROLINAS, LLC, a North Carolina limited liability company (including any additional or successor members of the Company other than Special Members, the “Member”).
AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF DUKE ENERGY PROGRESS NC STORM FUNDING II LLC Dated and Effective as of [ ], 2025Limited Liability Company Agreement • July 23rd, 2025 • Duke Energy Progress NC Storm Funding II LLC • Electric services • Delaware
This AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT (this “Agreement”) of DUKE ENERGY PROGRESS NC STORM FUNDING II LLC, a Delaware limited liability company (the “Company”), is made and entered into as of [ ], 2025 by DUKE ENERGY PROGRESS, LLC, a North Carolina limited liability company (including any additional or successor members of the Company other than Special Members, the “Member”).
LIMITED LIABILITY COMPANY AGREEMENT OF SIGECO SECURITIZATION I, LLC Effective as of February 16, 2023Limited Liability Company Agreement • March 24th, 2023 • SIGECO Securitization I, LLC • Electric & other services combined
This Limited Liability Company Agreement (this “Agreement”) is made and executed to be effective as of February 16, 2023, by Southern Indiana Gas and Electric Company d/b/a CenterPoint Energy Indiana South, an Indiana Corporation (“SIGECO”), as the sole member.
SYSTEM RESTORATION PROPERTY SERVICING AGREEMENT by and between CENTERPOINT ENERGY RESTORATION BOND COMPANY II, LLC Issuer and CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC Servicer Dated as of ________ __, 2025System Restoration Property Servicing Agreement • June 20th, 2025 • Centerpoint Energy Houston Electric LLC • Electric services
This SYSTEM RESTORATION PROPERTY SERVICING AGREEMENT (this “Agreement”), dated as of ______ __, 2025, is between CENTERPOINT ENERGY RESTORATION BOND COMPANY II, LLC, a Delaware limited liability company (the “Issuer”), and CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC, a Texas limited liability company (“CEHE”), as the servicer of the System Restoration Property (together with each successor to CEHE in such capacity pursuant to Section 6.03 or Section 7.04, the “Servicer”), and acknowledged and accepted by U.S. Bank Trust Company, National Association, a national banking association, not in its individual capacity but solely as indenture trustee (the “Trustee”).
STORM RECOVERY PROPERTY PURCHASE AND SALE AGREEMENT by and between DUKE ENERGY PROGRESS NC STORM FUNDING II LLC, Issuer and Duke Energy Progress, LLC, Seller Acknowledged and Accepted by U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Indenture...Storm Recovery Property Purchase and Sale Agreement • July 23rd, 2025 • Duke Energy Progress NC Storm Funding II LLC • Electric services • North Carolina
This STORM RECOVERY PROPERTY PURCHASE AND SALE AGREEMENT, dated as of [Closing Date], 2025, is by and between DUKE ENERGY PROGRESS NC STORM FUNDING II LLC, a Delaware limited liability company, and Duke Energy Progress, LLC (the “Seller”), a North Carolina limited liability company, and acknowledged and accepted by U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, as indenture trustee.