Initial Sublimit definition

Initial Sublimit means, with respect to each Borrower, the amount set forth opposite its name in the table below: Company $ 3,400,000,0002,650,000,000 Duke Energy Carolinas $ 1,100,000,0001,750,000,000 Duke Energy Progress $ 1,000,000,0001,400,000,000 Duke Energy Florida $ 950,000,000650,000,000 Duke Energy Indiana $ 600,000,000 Piedmont $ 500,000,000 Duke Energy Ohio $ 300,000,000 Duke Energy Kentucky $ 150,000,000

Initial Sublimit means, with respect to each Borrower, the amount set forth opposite its name in the table below: PEPCO $ 300,000,000 DPL $ 300,000,000 ACE $ 300,000,000

Initial Sublimit means, with respect to each Borrower, (1) prior to the Designated Borrower Effective Date, the amount set forth opposite its name in the table below: Borrower: Initial Sublimit: Company $1,250,000,000 and (2) from and after the Designated Borrower Effective Date, the amount set forth opposite its name in the table below: Borrower: Initial Sublimit: Company $1,000,000,000 Designated Borrower $250,000,000 “Interest Period” means with respect to each Euro-Dollar Loan, a period commencing on the date of borrowing specified in the applicable Notice of Borrowing or on the date specified in the applicable Notice of Conversion/Continuation and ending one, three or six months thereafter, as the applicable Borrower may elect in the applicable notice; provided, that: (i) any Interest Period which would otherwise end on a day which is not a Business Day shall, subject to clause (iii) below, be extended to the next succeeding Business Day unless such Business Day falls in another calendar month, in which case such Interest Period shall end on the next preceding Business Day; (ii) any Interest Period which begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall, subject to clause (iii) below, end on the last Business Day of a calendar month; (iii) no Interest Period shall end after the Termination Date; and (iv) no tenor that has been removed from this definition pursuant to Section 2.14(b)(iv) (and not subsequently reinstated) shall be available for specification in any Notice of Borrowing or Notice of Conversion/Continuation. “Interest Rate Protection Agreements” means any agreement providing for an interest rate swap, cap or collar, or any other financial agreement designed to protect against fluctuations in interest rates. “Internal Revenue Code” means the Internal Revenue Code of 1986, as amended, or any successor statute. “ISDA Definitions” means the 2006 ISDA Definitions published by the International Swaps and Derivatives Association, Inc. or any successor thereto, as amended or supplemented from time to time, or any successor definitional booklet for interest rate derivatives published from time to time by the International Swaps and Derivatives Association, Inc. or such successor thereto. “ISP” has the meaning set forth in Section 3.13.

Initial Sublimit means, (i) with respect to the Company and NEC, (1) prior to the NEC Designated Borrower Effective Date, the amount set forth opposite its name in the table below: Borrower: Initial Sublimit: Company $1,250,000,000 and (2) from and after the NEC Designated Borrower Effective Date, the amount set forth opposite its name in the table below: Borrower: Initial Sublimit: Company $1,000,000,000 NEC $250,000,000

Initial Sublimit means, with respect to each Borrower, the amount set forth opposite its name in the table below. Holdings $ 400,000,000.00 ITC Midwest $ 225,000,000.00 ITC Great Plains $ 25,000,000.00 METC $ 175,000,000.00 ITCTransmission $ 175,000,000.00

Initial Sublimit means, with respect to each Borrower, the amount set forth opposite its name in the table below: Company (on the Initial Effective Date) $ 1,250,000,000 Company (on the Second Effective Date) $ 1,750,000,000 Duke Energy Carolinas $ 1,250,000,000 Duke Energy Ohio $ 700,000,000 Duke Energy Indiana $ 700,000,000 Duke Energy Kentucky $ 100,000,000 Progress Energy Carolinas $ 750,000,000 Progress Energy Florida $ 750,000,000

Initial Sublimit means, with respect to each Borrower, the amount set forth opposite its name in the table below: Duke Energy Indiana $ 278,640,000 Duke Energy Kentucky $ 51,360,000 “Internal Revenue Code” means the Internal Revenue Code of 1986, as amended, or any successor statute.

Initial Sublimit means, (i) with respect to the Company and NEC, as of the Amendment No. 3 Effective Date, the amount set forth opposite its name in the table below: Borrower: Initial Sublimit: Company $1,250,000,000 NEC $250,000,000 (ii) with respect to PPL EU, following the PPL EU Designated Borrower Effective Date, the aggregate PPL EU Commitment Amount of all Lenders; (iii) with respect to KU, following the KU Designated Borrower Effective Date, the aggregate KU Commitment Amount of all Lenders; and (iv) with respect to LGE, following the LGE Designated Borrower Effective Date, the aggregate LGE Commitment Amount of all Lenders. “Interest Period” means with respect to any Term SOFR Loan, a period commencing on the date of borrowing specified in the applicable Notice of Borrowing or on the date specified in the applicable Notice of Conversion/Continuation and ending one, three or six months thereafter, as the applicable Borrower may elect in the applicable notice; provided, that: (i) any Interest Period which would otherwise end on a day which is not a Business Day shall, subject to clause (iii) below, be extended to the next succeeding Business Day unless