Common use of PUCT Condition Clause in Contracts

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.02, no supplemental indenture (other than the Series Supplement) shall be effective unless the process set forth in this Section 9.03 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, except for the consent of the Indenture Trustee and the Holders if the consent of the Holders is required or sought by the Indenture Trustee in connection with such supplemental indenture, the Issuer shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indenture, which notification shall contain: (i) a reference to Docket No. 52302; (ii) an Officer’s Certificate stating that the proposed supplemental indenture has been approved by all parties to this Indenture; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture or to request additional time. (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture will not under any circumstances have the effect of increasing the ongoing Qualified Costs related to the System Restoration Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indenture, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indenture. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture will not under any circumstances increase ongoing Qualified Costs to the person specified in Section 9.03(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture on the last day of such extension of time. Any supplemental indenture requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer under Section 9.03(a) above, the Issuer shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indenture. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer to the PUCT, the Indenture Trustee and the Servicer.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.02, no supplemental indenture (other than the Series Supplement) shall be effective unless the process set forth in this Section 9.03 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, except for the consent of the Indenture Trustee and the Holders if the consent of the Holders is required or sought by the Indenture Trustee in connection with such supplemental indenture, the Issuer shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indenture, which notification shall contain: (i) a reference to Docket No. 5230239931; (ii) an Officer’s Certificate stating that the proposed supplemental indenture has been approved by all parties to this Indenture; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture or to request additional time. (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture will not under any circumstances have the effect of increasing the ongoing Qualified Costs related to the System Restoration Transition Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indenture, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indenture. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture will not under any circumstances increase ongoing Qualified Costs to the person specified in Section 9.03(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture on the last day of such extension of time. Any supplemental indenture requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer under Section 9.03(a) above, the Issuer shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indenture. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer to the PUCT, the Indenture Trustee and the Servicer.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.026.01, no supplemental indenture (other than the Series Supplement) amendment or modification of this Agreement shall be effective unless the process set forth in this Section 9.03 6.02 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.026.01, as applicable, (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment or modification), the Issuer Seller shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indentureamendment or modification, which notification shall contain: (i) a reference to Docket No. 5230249308; (ii) an Officer’s Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this Indenture; andAgreement; (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or modification or to request additional time; and (iv) a statement as to the possible effect of the amendment or modification on the ongoing Qualified Costs. (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a6.02(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances have the effect of increasing the ongoing Qualified Costs related to the System Restoration Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii6.02(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indentureamendment or modification, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a6.02(a) above, the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii6.02(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indentureamendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances increase ongoing Qualified Costs to the person specified in Section 9.03(a)(iii6.02(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture amendment or modification on the last day of such extension of time. Any supplemental indenture amendment or modification requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture amendment or modification and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b6.02(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer Seller under Section 9.03(a) above6.02(a), the Seller and the Issuer shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indentureamendment or modification. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer Seller to the PUCT, the Indenture Trustee Trustee, the Issuer and the Servicer.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.0213, no supplemental indenture (other than the Series Supplement) amendment or modification of this Agreement shall be effective unless the process set forth in this Section 9.03 14 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, 13 above (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment or modification), the Issuer Administrator shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indentureamendment or modification, which notification shall contain: (i) a reference to Docket No. 52302; (ii) an Officer’s Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this Indenture; andAdministration Agreement; (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or modification or to request additional time; and (iv) a statement as to the possible effect of the amendment or modification on the ongoing qualified costs. (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a14(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances have the effect of increasing the ongoing Qualified Costs qualified costs related to the System Restoration Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii14(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indentureamendment or modification, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a14(a) above, the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii14(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indentureamendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances increase ongoing Qualified Costs to the person specified in Section 9.03(a)(iii14(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture amendment or modification on the last day of such extension of time. Any supplemental indenture amendment or modification requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture amendment or modification and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b14(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer Administrator under Section 9.03(a14(a) above, the Issuer Administrator shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indentureamendment or modification. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer Administrator to the PUCT, the Indenture Trustee Trustee, the Issuer and the Servicer.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.0213, no supplemental indenture (other than the Series Supplement) amendment or modification of this Agreement shall be effective unless the process set forth in this Section 9.03 14 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, 13 above (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment or modification), the Issuer Administrator shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indentureamendment or modification, which notification shall contain: (i) a reference to Docket No. 5230249308; (ii) an Officer’s Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this Indenture; andAdministration Agreement; (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or modification or to request additional time; and (iv) a statement as to the possible effect of the amendment or modification on the ongoing qualified costs. (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a14(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances have the effect of increasing the ongoing Qualified Costs qualified costs related to the System Restoration Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii14(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indentureamendment or modification, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a14(a) above, the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii14(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indentureamendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances increase ongoing Qualified Costs qualified costs to the person specified in Section 9.03(a)(iii14(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture amendment or modification on the last day of such extension of time. Any supplemental indenture amendment or modification requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture amendment or modification and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b14(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer Administrator under Section 9.03(a14(a) above, the Issuer Administrator shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indentureamendment or modification. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer Administrator to the PUCT, the Indenture Trustee Trustee, the Issuer and the Servicer.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.028.01(a), no supplemental indenture (other than the Series Supplement) amendment or modification of this Agreement shall be effective unless the process set forth in this Section 9.03 8.02 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, 8.01(a) (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment or modification), the Issuer Servicer shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indentureamendment, which notification shall contain: (i) a reference to Docket No. 52302; (ii) an Officer’s Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this Indenture; andAgreement; (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or modification or to request additional time; and (iv) a statement as to the possible effect of the amendment or modification on the ongoing Qualified Costs. (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a) above8.02(a), either: (i) provide notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances have the effect of increasing the ongoing Qualified Costs related to the System Restoration Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii) above8.02(a)(iii), or (iii) be conclusively deemed to have consented to the proposed supplemental indentureamendment or modification, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a) above8.02(a), the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii8.02(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indentureamendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances increase ongoing Qualified Costs to the person specified in Section 9.03(a)(iii8.02(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture amendment or modification on the last day of such extension of time. Any supplemental indenture amendment or modification requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture amendment or modification and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b8.02(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer Servicer under Section 9.03(a) above8.02(a), the Servicer and the Issuer shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indentureamendment. Such withdrawal shall be evidenced by the Servicer’s giving prompt written notice thereof by the Issuer to the PUCT, the Indenture Trustee Issuer and the ServicerIndenture Trustee.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.02, no supplemental indenture (other than the Series Supplement) shall be effective unless the process set forth in this Section 9.03 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, except for the consent of the Indenture Trustee and the Holders if the consent of the Holders is required or sought by the Indenture Trustee in connection with such supplemental indenture, the Issuer shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indenture, which notification shall contain: (i) a reference to Docket No. 5230249308; (ii) an Officer’s Certificate stating that the proposed supplemental indenture has been approved by all parties to this Indenture; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture or to request additional time. (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture will not under any circumstances have the effect of increasing the ongoing Qualified Costs related to the System Restoration Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indenture, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indenture. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture will not under any circumstances increase ongoing Qualified Costs to the person specified in Section 9.03(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture on the last day of such extension of time. Any supplemental indenture requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer under Section 9.03(a) above, the Issuer shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indenture. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer to the PUCT, the Indenture Trustee and the Servicer.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.028.01(a), no supplemental indenture (other than the Series Supplement) amendment or modification of this Agreement shall be effective unless except upon satisfaction of the process set forth conditions precedent in this Section 9.03 has been followed8.02. (a) At least thirty-one (31) fifteen days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, 8.01(a) above (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment or modification), the Issuer Servicer shall have delivered to the PUCT’s 's executive director and general counsel written notification of any proposed supplemental indentureamendment, which notification shall contain: (i) a reference to Docket No. 5230225230; (ii) an Officer’s 's Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this IndentureAgreement; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or to request additional time.; (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture will not under any circumstances have the effect of increasing the ongoing Qualified Costs related to the System Restoration Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indenture, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, If the PUCT or its staff delivers shall have, within fifteen days (subject to extension as provided in Section 8.02(c) below) of receiving a notification complying with Section 8.02(a) above, delivered to the office of the person specified in Section 9.03(a)(iii8.02(a)(iii) above a written statement that the PUCT might object to the proposed amendment or modification, then such proposed amendment or modification shall not be effective unless and until the PUCT subsequently delivers a written statement that it does not object to such proposed amendment or modification. (c) If the PUCT or its staff shall have, within fifteen days of receiving a notification complying with Section 8.02(a) above, delivered to the office of the person specified in Section 8.02(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent such proposed amendment or modification, then such proposed amendment or modification shall not be effective if, within such extended period, the PUCT shall have delivered to the office of the person specified in Section 8.02(a)(iii) above a written statement as described in Section 8.02(b) above, unless and until the PUCT subsequently delivers a written statement that it does not object to such proposed supplemental indenture. amendment or modification. (d) If the PUCT or its staff requests an extension of shall have not delivered written notice that the PUCT might object to such proposed amendment or modification within the time periods described in the manner set forth in the preceding sentenceSection 8.02(b) or Section 8.02(c) above, whichever is applicable, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that be conclusively deemed not to have any objection to the proposed supplemental indenture will not under any circumstances increase ongoing Qualified Costs to amendment or modification and such amendment or modification may subsequently become effective upon satisfaction of the person other conditions specified in Section 9.03(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture on the last day of such extension of time. Any supplemental indenture requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended8.01. (ce) Following the delivery of a notice to the PUCT by the Issuer Servicer under Section 9.03(a8.02(a) above, the Servicer and the Issuer shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indenture. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer to the PUCT, the Indenture Trustee and the Serviceramendment.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.026.01, no supplemental indenture (other than the Series Supplement) amendment or modification of this Agreement shall be effective unless except upon satisfaction of the process set forth conditions precedent in this Section 9.03 has been followed6.02. (a) At least thirty-one (31) fifteen days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, 6.01 above (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment or modification pursuant to the terms of the Indenture), the Issuer Seller shall have delivered to the PUCT’s 's executive director and general counsel written notification of any proposed supplemental indentureamendment, which notification shall contain: (i) a reference to Docket No. 5230225230; (ii) an Officer’s 's Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this IndentureAgreement; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or to request additional time. (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture will not under any circumstances have the effect of increasing the ongoing Qualified Costs related to the System Restoration Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indenture, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, If the PUCT or its staff delivers shall have, within fifteen days (subject to extension as provided in Section 6.02(c) below) of receiving a notification complying with Section 6.02(a) above, delivered to the office of the person specified in Section 9.03(a)(iii6.02(a)(iii) above a written statement that the PUCT might object to the proposed amendment or modification, then such proposed amendment or modification shall not be effective unless and until the PUCT subsequently delivers a written statement in writing that it does not object to such proposed amendment or modification. (c) If the PUCT or its staff shall have, within fifteen days of receiving a notification complying with Section 6.02(a) above, delivered to the office of the person specified in Section 6.02(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent such proposed amendment or modification, then such proposed amendment or modification shall not be effective if, within such extended period, the PUCT shall have delivered to the office of the person specified in Section 6.02(a)(iii) above a written statement as described in Section 6.02(b) above, unless and until the PUCT subsequently delivers a written statement in writing that it does not object to such proposed supplemental indenture. amendment or modification. (d) If the PUCT or its staff requests an extension of shall have not delivered written notice that the PUCT might object to such proposed amendment or modification within the time periods described in the manner set forth in the preceding sentenceSection 6.02(b) or Section 6.02(c) above, whichever is applicable, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that be conclusively deemed not to have any objection to the proposed supplemental indenture will not under any circumstances increase ongoing Qualified Costs to amendment or modification and such amendment or modification may subsequently become effective upon satisfaction of the person other conditions specified in Section 9.03(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture on the last day of such extension of time. Any supplemental indenture requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended6.01. (ce) Following the delivery of a notice to the PUCT by the Issuer Seller under Section 9.03(a6.02(a) above, the Seller and the Issuer shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indenture. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer to the PUCT, the Indenture Trustee and the Serviceramendment.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.028.01(a), no supplemental indenture (other than the Series Supplement) amendment or modification of this Agreement shall be effective unless the process set forth in this Section 9.03 8.02 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, 8.01(a) (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment or modification), the Issuer Servicer shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indentureamendment, which notification shall contain: (i) a reference to Docket No. 5230249308; (ii) an Officer’s Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this Indenture; andAgreement; (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or modification or to request additional time; and (iv) a statement as to the possible effect of the amendment or modification on the ongoing Qualified Costs. (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a) above8.02(a), either: (i) provide notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances have the effect of increasing the ongoing Qualified Costs related to the System Restoration Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii) above8.02(a)(iii), or (iii) be conclusively deemed to have consented to the proposed supplemental indentureamendment or modification, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a) above8.02(a), the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii8.02(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indentureamendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances increase ongoing Qualified Costs to the person specified in Section 9.03(a)(iii8.02(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture amendment or modification on the last day of such extension of time. Any supplemental indenture amendment or modification requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture amendment or modification and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b8.02(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer Servicer under Section 9.03(a) above8.02(a), the Servicer and the Issuer shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indentureamendment. Such withdrawal shall be evidenced by the Servicer’s giving prompt written notice thereof by the Issuer to the PUCT, the Indenture Trustee Issuer and the ServicerIndenture Trustee.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.026.01, no supplemental indenture (other than the Series Supplement) amendment or modification of this Agreement shall be effective unless the process set forth in this Section 9.03 6.02 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.026.01, as applicable, (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment or modification), the Issuer Seller shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indentureamendment or modification, which notification shall contain: (i) a reference to Docket No. 52302; (ii) an Officer’s Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this Indenture; andAgreement; (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or modification or to request additional time; and (iv) a statement as to the possible effect of the amendment or modification on the ongoing Qualified Costs. (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a6.02(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances have the effect of increasing the ongoing Qualified Costs related to the System Restoration Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii6.02(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indentureamendment or modification, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a6.02(a) above, the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii6.02(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indentureamendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances increase ongoing Qualified Costs to the person specified in Section 9.03(a)(iii6.02(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture amendment or modification on the last day of such extension of time. Any supplemental indenture amendment or modification requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture amendment or modification and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b6.02(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer Seller under Section 9.03(a) above6.02(a), the Seller and the Issuer shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indentureamendment or modification. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer Seller to the PUCT, the Indenture Trustee Trustee, the Issuer and the Servicer.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.0213, no supplemental indenture (other than the Series Supplement) amendment or modification of this Agreement shall be effective unless the process set forth in this Section 9.03 14 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, 13 above (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment), the Issuer Administrator shall have delivered to the PUCT’s 's executive director and general counsel written notification of any proposed supplemental indentureamendment or modification, which notification shall contain: (i) a reference to Docket No. 5230233586; (ii) 9; an Officer’s 's Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this IndentureAdministration Agreement; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or modification or to request additional time. (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a14(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances have the effect of increasing the ongoing Qualified Costs qualified costs related to the System Restoration Transition Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii14(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indentureamendment or modification, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a14(a) above, the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii14(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indentureamendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances increase ongoing Qualified Costs qualified costs to the person specified in Section 9.03(a)(iii14(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture amendment or modification on the last day of such extension of time. Any supplemental indenture amendment or modification requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture amendment or modification and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b14(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer Administrator under Section 9.03(a14(a) above, the Issuer Administrator shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indentureamendment. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer Administrator to the PUCT, the Indenture Trustee Trustee, the Issuer and the Servicer.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.028.01(a), no supplemental indenture (other than the Series Supplement) amendment or modification of this Agreement shall be effective unless the process set forth in this Section 9.03 8.02 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, 8.01(a) (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment or modification), the Issuer Servicer shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indentureamendment, which notification shall contain: (i) a reference to Docket No. 5230239931; (ii) an Officer’s Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this Indenture; andAgreement; (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or modification or to request additional time; and (iv) a statement as to the possible effect of the amendment or modification on the ongoing Qualified Costs. (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a) above8.02(a), either: (i) provide notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances have the effect of increasing the ongoing Qualified Costs related to the System Restoration Transition Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii) above8.02(a)(iii), or (iii) be conclusively deemed to have consented to the proposed supplemental indentureamendment or modification, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a) above8.02(a), the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii8.02(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indentureamendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances increase ongoing Qualified Costs to the person specified in Section 9.03(a)(iii8.02(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture amendment or modification on the last day of such extension of time. Any supplemental indenture amendment or modification requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture amendment or modification and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b8.02(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer Servicer under Section 9.03(a) above8.02(a), the Servicer and the Issuer shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indentureamendment. Such withdrawal shall be evidenced by the Servicer’s giving prompt written notice thereof by the Issuer to the PUCT, the Indenture Trustee Issuer and the ServicerIndenture Trustee.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.026.01, no supplemental indenture (other than the Series Supplement) amendment or modification of this Agreement shall be effective unless except upon satisfaction of the process set forth conditions precedent in this Section 9.03 has been followed6.02. (a) At least thirty-one (31) fifteen days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.026.01 above, as applicable, (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment or modification), the Issuer Seller shall have delivered to the PUCT’s 's executive director and general counsel written notification of any proposed supplemental indentureamendment, which notification shall contain: (i) a reference to Docket No. 5230221528; (ii) an Officer’s 's Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this IndentureAgreement; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or to request additional time.; (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture will not under any circumstances have the effect of increasing the ongoing Qualified Costs related to the System Restoration Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indenture, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, If the PUCT or its staff delivers shall have, within fifteen days (subject to extension as provided in Section 6.02(c) below) of receiving a notification complying with Section 6.02(a) above, delivered to the office of the person specified in Section 9.03(a)(iii6.02(a)(iii) above a written statement that the PUCT might object to the proposed amendment or modification, then such proposed amendment or modification shall not be effective unless and until the PUCT subsequently delivers a written statement in writing that it does not object to such proposed amendment or modification. (c) If the PUCT or its staff shall have, within fifteen days of receiving a notification complying with Section 6.02(a) above, delivered to the office of the person specified in Section 6.02(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent such proposed amendment or modification, then such proposed amendment or modification shall not be effective if, within such extended period, the PUCT shall have delivered to the office of the person specified in Section 6.02(a)(iii) above a written statement as described in Section 6.02(b) above, unless and until the PUCT subsequently delivers a written statement in writing that it does not object to such proposed supplemental indenture. amendment or modification. (d) If the PUCT or its staff requests an extension of shall have not delivered written notice that the PUCT might object to such proposed amendment or modification within the time periods described in the manner set forth in the preceding sentenceSection 6.02(b) or Section 6.02(c) above, whichever is applicable, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that be conclusively deemed not to have any objection to the proposed supplemental indenture will not under any circumstances increase ongoing Qualified Costs to amendment or modification and such amendment or modification may subsequently become effective upon satisfaction of the person other conditions specified in Section 9.03(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture on the last day of such extension of time. Any supplemental indenture requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended6.01. (ce) Following the delivery of a notice to the PUCT by the Issuer Seller under Section 9.03(a6.02(a) above, the Seller and the Note Issuer shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indenture. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer to the PUCT, the Indenture Trustee and the Serviceramendment.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.0211.02, no supplemental indenture amendment or modification of Sections 4.01 (other than with respect to the Series Supplement) Independent Manager Fee described in subsection (a)), 4.02, 5.04, and 7.03 of this Agreement shall be effective unless the process set forth in this Section 9.03 11.03 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, 11.02 above (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment), the Issuer Member shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indentureamendment or modification, which notification shall contain: (i) a reference to Docket No. 5230232475; (ii) an Officer’s Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this IndentureAgreement; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or modification or to request additional time. (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a11.03(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances have the effect of increasing the ongoing Qualified Costs qualified costs related to the System Restoration Transition Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii11.03(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indentureamendment or modification, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a11.03(a) above, the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii11.03(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indentureamendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances increase ongoing Qualified Costs qualified costs to the person specified in Section 9.03(a)(iii11.03(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture amendment or modification on the last day of such extension of time. Any supplemental indenture amendment or modification requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture amendment or modification and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b11.03(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer Member under Section 9.03(a11.03(a) above, the Issuer Member shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indentureamendment. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer Member to the PUCT, the Indenture Trustee Trustee, the Independent Managers and the Servicer.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.026.01, no supplemental indenture (other than the Series Supplement) amendment or modification of this Agreement shall be effective unless the process set forth in this Section 9.03 6.02 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.026.01, as applicable, (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment or modification), the Issuer Seller shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indentureamendment or modification, which notification shall contain: (i) a reference to Docket No. 5230232475 and to any other Docket No. under which a Financing Order has been issued; (ii) an Officer’s Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this IndentureAgreement; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or modification or to request additional time.; (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a6.02(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances have the effect of increasing the ongoing Qualified Costs qualified costs related to the System Restoration Transition Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii6.02(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indentureamendment or modification, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a6.02(a) above, the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii6.02(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indentureamendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances increase ongoing Qualified Costs qualified costs to the person specified in Section 9.03(a)(iii6.02(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture amendment or modification on the last day of such extension of time. Any supplemental indenture amendment or modification requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture amendment or modification and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b6.02(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer Seller under Section 9.03(a) above6.02(a), the Seller and the Issuer shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indentureamendment. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer Seller to the PUCT, the Indenture Trustee Trustee, the Issuer and the Servicer.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.028.01(a), no supplemental indenture (other than the Series Supplement) amendment or modification of this Agreement shall be effective unless except upon satisfaction of the process set forth conditions precedent in this Section 9.03 has been followed8.02. (a) At least thirty-one (31) fifteen days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, 8.01(a) above (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment or modification), the Issuer Servicer shall have delivered to the PUCT’s 's executive director and general counsel written notification of any proposed supplemental indentureamendment, which notification shall contain: (i) a reference to Docket No. 5230221528; (ii) an Officer’s 's Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this IndentureAgreement; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or to request additional time.; (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture will not under any circumstances have the effect of increasing the ongoing Qualified Costs related to the System Restoration Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indenture, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, If the PUCT or its staff delivers shall have, within fifteen days (subject to extension as provided in Section 8.02(c) below) of receiving a notification complying with Section 8.02(a) above, delivered to the office of the person specified in Section 9.03(a)(iii8.02(a)(iii) above a written statement that the PUCT might object to the proposed amendment or modification, then such proposed amendment or modification shall not be effective unless and until the PUCT subsequently delivers a written statement in writing that it does not object to such proposed amendment or modification. (c) If the PUCT or its staff shall have, within fifteen days of receiving a notification complying with Section 8.02(a) above, delivered to the office of the person specified in Section 8.02(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent such proposed amendment or modification, then such proposed amendment or modification shall not be effective if, within such extended period, the PUCT shall have delivered to the office of the person specified in Section 8.02(a)(iii) above a written statement as described in Section 8.02(b) above, unless and until the PUCT subsequently delivers a written statement in writing that it does not object to such proposed supplemental indenture. amendment or modification. (d) If the PUCT or its staff requests an extension of shall have not delivered written notice that the PUCT might object to such proposed amendment or modification within the time periods described in the manner set forth in the preceding sentenceSection 8.02(b) or Section 8.02(c) above, whichever is applicable, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that be conclusively deemed not to have any objection to the proposed supplemental indenture will not under any circumstances increase ongoing Qualified Costs to amendment or modification and such amendment or modification may subsequently become effective upon satisfaction of the person other conditions specified in Section 9.03(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture on the last day of such extension of time. Any supplemental indenture requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended8.01. (ce) Following the delivery of a notice to the PUCT by the Issuer Servicer under Section 9.03(a8.02(a) above, the Servicer and the Note Issuer shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indenture. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer to the PUCT, the Indenture Trustee and the Serviceramendment.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.0213, no supplemental indenture (other than the Series Supplement) amendment or modification of this Agreement shall be effective unless the process set forth in this Section 9.03 14 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, 13 above (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment), the Issuer Administrator shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indentureamendment or modification, which notification shall contain: (i) a reference to Docket No. 5230232475; (ii) an Officer’s Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this IndentureAdministration Agreement; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or modification or to request additional time. (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a14(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances have the effect of increasing the ongoing Qualified Costs qualified costs related to the System Restoration Transition Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii14(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indentureamendment or modification, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a14(a) above, the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii14(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indentureamendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances increase ongoing Qualified Costs qualified costs to the person specified in Section 9.03(a)(iii14(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture amendment or modification on the last day of such extension of time. Any supplemental indenture amendment or modification requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture amendment or modification and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b14(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer Administrator under Section 9.03(a14(a) above, the Issuer Administrator shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indentureamendment. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer Administrator to the PUCT, the Indenture Trustee Trustee, the Issuer and the Servicer.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.0211.02, no supplemental indenture amendment or modification of Sections 4.01 (other than with respect to the Series Supplement) Independent Manager Fee described in subsection (a)), 4.02, 5.04, and 7.03 of this Agreement shall be effective unless the process set forth in this Section 9.03 11.03 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, except for the consent of the Indenture Trustee and the Holders if the consent of the Holders is required or sought by the Indenture Trustee in connection with such supplemental indenture11.02 above, the Issuer Member shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indentureamendment or modification, which notification shall contain: (i) a reference to Docket No. 52302; (ii) an Officer’s Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this IndentureAgreement; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or modification or to request additional time. (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a11.03(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances have the effect of increasing the ongoing Qualified Costs related to the System Restoration Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii11.03(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indentureamendment or modification, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a11.03(a) above, the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii11.03(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indentureamendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances increase ongoing Qualified Costs qualified costs to the person specified in Section 9.03(a)(iii11.03(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture amendment or modification on the last day of such extension of time. Any supplemental indenture amendment or modification requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture amendment or modification and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b11.03(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer Member under Section 9.03(a11.03(a) above, the Issuer Member shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indentureamendment. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer Member to the PUCT, the Indenture Trustee Trustee, the Independent Managers and the Servicer.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.0213, no supplemental indenture (other than the Series Supplement) amendment or modification of this Agreement shall be effective unless the process set forth in this Section 9.03 14 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, 13 above (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment or modification), the Issuer Administrator shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indentureamendment or modification, which notification shall contain: (i) a reference to Docket No. 5230239931; (ii) an Officer’s Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this Indenture; andAdministration Agreement; (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or modification or to request additional time; and (iv) a statement as to the possible effect of the amendment or modification on the ongoing qualified costs. (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a14(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances have the effect of increasing the ongoing Qualified Costs qualified costs related to the System Restoration Transition Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii14(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indentureamendment or modification, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a14(a) above, the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii14(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indentureamendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances increase ongoing Qualified Costs qualified costs to the person specified in Section 9.03(a)(iii14(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture amendment or modification on the last day of such extension of time. Any supplemental indenture amendment or modification requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture amendment or modification and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b14(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer Administrator under Section 9.03(a14(a) above, the Issuer Administrator shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indentureamendment or modification. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer Administrator to the PUCT, the Indenture Trustee Trustee, the Issuer and the Servicer.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.0211.01, no supplemental indenture amendment or modification of Sections 4.01 (other than with respect to the Series Supplement) fees of the Independent Managers described in clause First), 4.02, 5.04, and 7.03 of this Agreement shall be effective unless except upon satisfaction of the process set forth conditions precedent in this Section 9.03 has been followed.11.02: (a) At least thirty-one (31) fifteen days prior to the effectiveness of any such supplemental indenture amendment and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, 11.01 above (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment or modification), the Issuer Member shall have delivered to the PUCT’s 's executive director and general counsel written notification of any proposed supplemental indentureamendment, which notification shall contain: (i) a reference to Docket No. 5230225230; (ii) an Officer’s 's Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this IndentureAgreement; and (iii) a statement identifying the person Person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or to request additional time.; (biv) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture will not under any circumstances have the effect of increasing the ongoing Qualified Costs related to the System Restoration Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indenture, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, If the PUCT or its staff delivers shall have, within fifteen days (subject to extension as provided in Section 11.02(v) below) of receiving a notification complying with Section 11.02(a) above, delivered to the office of the person specified in Section 9.03(a)(iii11.02(a)(iii) above a written statement that the PUCT might object to the proposed amendment, then such proposed amendment shall not be effective unless and until the PUCT subsequently delivers a written statement in writing that it does not object to such proposed amendment or modification. (v) If the PUCT or its staff shall have, within fifteen days of receiving a notification complying with Section 11.02(a) above, delivered to the office of the person specified in Section 11.02(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent such proposed amendment, then such proposed amendment shall not be effective if, within such extended period, the PUCT shall have delivered to the office of the person specified in Section 11.02(a)(iii) above a written statement as described in Section 11.02(iv) above, unless and until the PUCT subsequently delivers a written statement in writing that it does not object to such proposed supplemental indenture. amendment or modification. (vi) If the PUCT or its staff requests an extension of shall have not delivered written notice that the PUCT might object to such proposed amendment within the time periods described in the manner set forth in the preceding sentenceSection 11.02(iv) or Section 11.02(v) above, whichever is applicable, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that be conclusively deemed not to have any objection to the proposed supplemental indenture will not under any circumstances increase ongoing Qualified Costs to amendment and such amendment may subsequently become effective upon satisfaction of the person other conditions specified in Section 9.03(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture on the last day of such extension of time. Any supplemental indenture requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended11.01. (cvii) Following the delivery of a notice to the PUCT by the Issuer Member under Section 9.03(a11.02(a) above, the Issuer Member shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indenture. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer to the PUCT, the Indenture Trustee and the Serviceramendment.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.02, no supplemental indenture (other than the initial Series Supplement) shall be effective unless the process set forth in this Section 9.03 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, except for the consent of the Indenture Trustee and the Holders if the consent of the Holders is required or sought by the Indenture Trustee in connection with such supplemental indenture, the Issuer shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indenture, which notification shall contain: (i) a reference to Docket No. 5230232475 and to any other Docket No. under which a Financing Order has been issued; (ii) an Officer’s Certificate stating that the proposed supplemental indenture has been approved by all parties to this Indenture; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture or to request additional time. (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture will not under any circumstances have the effect of increasing the ongoing Qualified Costs qualified costs related to the System Restoration Transition Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indenture, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indenture. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture will not under any circumstances increase ongoing Qualified Costs qualified costs to the person specified in Section 9.03(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture on the last day of such extension of time. Any supplemental indenture requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer under Section 9.03(a) above, the Issuer shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indenture. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer to the PUCT, the Indenture Trustee and the Servicer.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.026.01, no supplemental indenture (other than the Series Supplement) amendment or modification of this Agreement shall be effective unless the process set forth in this Section 9.03 6.02 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.026.01, as applicable, (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment or modification), the Issuer Seller shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indentureamendment or modification, which notification shall contain: (i) a reference to Docket No. 5230239931; (ii) an Officer’s Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this Indenture; andAgreement; (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or modification or to request additional time; and (iv) a statement as to the possible effect of the amendment or modification on the ongoing Qualified Costs. (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a6.02(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances have the effect of increasing the ongoing Qualified Costs related to the System Restoration Transition Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii6.02(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indentureamendment or modification, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a6.02(a) above, the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii6.02(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indentureamendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances increase ongoing Qualified Costs to the person specified in Section 9.03(a)(iii6.02(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture amendment or modification on the last day of such extension of time. Any supplemental indenture amendment or modification requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture amendment or modification and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b6.02(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer Seller under Section 9.03(a) above6.02(a), the Seller and the Issuer shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indentureamendment or modification. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer Seller to the PUCT, the Indenture Trustee Trustee, the Issuer and the Servicer.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.026.01, no supplemental indenture (other than the Series Supplement) amendment or modification of this Agreement shall be effective unless the process set forth in this Section 9.03 6.02 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.026.01, as applicable, (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment or modification), the Issuer Seller shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indentureamendment or modification, which notification shall contain: (i) a reference to Docket No. 5230237247; (ii) an Officer’s Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this IndentureAgreement; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or modification or to request additional time.; (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a6.02(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances have the effect of increasing the ongoing Qualified Costs related to the System Restoration Transition Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii6.02(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indentureamendment or modification, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a6.02(a) above, the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii6.02(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indentureamendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances increase ongoing Qualified Costs to the person specified in Section 9.03(a)(iii6.02(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture amendment or modification on the last day of such extension of time. Any supplemental indenture amendment or modification requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture amendment or modification and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b6.02(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer Seller under Section 9.03(a) above6.02(a), the Seller and the Issuer shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indentureamendment. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer Seller to the PUCT, the Indenture Trustee Trustee, the Issuer and the Servicer.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.0213, no supplemental indenture (other than the Series Supplement) amendment or modification of this Agreement shall be effective unless the process set forth in this Section 9.03 14 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, 13 above (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment), the Issuer Administrator shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indentureamendment or modification, which notification shall contain: (i) a reference to Docket No. 5230237247; (ii) an Officer’s Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this IndentureAdministration Agreement; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or modification or to request additional time. (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a14(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances have the effect of increasing the ongoing Qualified Costs qualified costs related to the System Restoration Transition Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii14(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indentureamendment or modification, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a14(a) above, the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii14(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indentureamendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances increase ongoing Qualified Costs to the person specified in Section 9.03(a)(iii14(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture amendment or modification on the last day of such extension of time. Any supplemental indenture amendment or modification requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture amendment or modification and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b14(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer Administrator under Section 9.03(a14(a) above, the Issuer Administrator shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indentureamendment. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer Administrator to the PUCT, the Indenture Trustee Trustee, the Issuer and the Servicer.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.0211.01, no supplemental indenture amendment of Sections 4.01 (other than with respect to the Series Supplement) fees of the Independent Managers described in clause First), 4.02, 5.04, and 7.03 of this Agreement shall be effective unless except upon satisfaction of the process set forth conditions precedent in this Section 9.03 has been followed11.02. (a) At least thirty-one (31) fifteen days prior to the effectiveness of any such supplemental indenture amendment and after obtaining the other necessary approvals set forth in Section 9.01 or 9.0211.01 above, as applicable, (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indenture, amendment) the Issuer Member shall have delivered to the PUCT’s 's executive director and general counsel written notification of any proposed supplemental indentureamendment, which notification shall contain: (i) a reference to Docket No. 5230221528; (ii) an Officer’s 's Certificate stating that the proposed supplemental indenture amendment has been approved by all parties to this IndentureAgreement; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or to request additional time.; (biv) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture will not under any circumstances have the effect of increasing the ongoing Qualified Costs related to the System Restoration Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indenture, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, If the PUCT or its staff delivers shall have, within fifteen days (subject to extension as provided in Section 11.02(c) below) of receiving a notification complying with Section 11.02(a) above, delivered to the office of the person specified in Section 9.03(a)(iii11.02(a)(iii) above a written statement that the PUCT might object to the proposed amendment, then such proposed amendment shall not be effective unless and until the PUCT subsequently delivers a written statement in writing that it does not object to such proposed amendment. (v) If the PUCT or its staff shall have, within fifteen days of receiving a notification complying with Section 11.02(a) above, delivered to the office of the person specified in Section 11.02(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent such proposed amendment, then such proposed amendment shall not be effective if, within such extended period, the PUCT shall have delivered to the office of the person specified in Section 11.02(a)(iii) above a written statement as described in Section 11.02(b) above, unless and until the PUCT subsequently delivers a written statement in writing that it does not object to such proposed supplemental indenture. amendment. (vi) If the PUCT or its staff requests an extension of shall have not delivered written notice that the PUCT might object to such proposed amendment within the time periods described in the manner set forth in the preceding sentenceSection 11.02(b) or Section 11.02(c) above, whichever is applicable, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that be conclusively deemed not to have any objection to the proposed supplemental indenture will not under any circumstances increase ongoing Qualified Costs to amendment and such amendment may subsequently become effective upon satisfaction of the person other conditions specified in Section 9.03(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture on the last day of such extension of time. Any supplemental indenture requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended11.01. (cvii) Following the delivery of a notice to the PUCT by the Issuer Member under Section 9.03(a11.02(a) above, the Issuer Member shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indenture. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer to the PUCT, the Indenture Trustee and the Serviceramendment.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.0211.02, no supplemental indenture amendment or modification of Sections 4.01 (other than with respect to the Series Supplement) Independent Manager Fee described in subsection (a)), 4.02, 5.04, and 7.03 of this Agreement shall be effective unless the process set forth in this Section 9.03 11.03 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, 11.02 above (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment), the Issuer Member shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indentureamendment or modification, which notification shall contain: (i) a reference to Docket No. 5230239931; (ii) an Officer’s Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this Indenture; andAgreement; (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or modification or to request additional time; and (iv) a statement as to the possible effect of the amendment or modification on the ongoing qualified costs related to the Transition Bonds. (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a11.03(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances have the effect of increasing the ongoing Qualified Costs qualified costs related to the System Restoration Transition Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii11.03(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indentureamendment or modification, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a11.03(a) above, the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii11.03(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indentureamendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances increase ongoing Qualified Costs qualified costs to the person specified in Section 9.03(a)(iii11.03(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture amendment or modification on the last day of such extension of time. Any supplemental indenture amendment or modification requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture amendment or modification and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b11.03(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer Member under Section 9.03(a11.03(a) above, the Issuer Member shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indentureamendment or modification. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer Member to the PUCT, the Indenture Trustee Trustee, each Independent Manager and the Servicer.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.028.01(a), no supplemental indenture (other than the Series Supplement) amendment or modification of this Agreement shall be effective unless the process set forth in this Section 9.03 8.02 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, 8.01(a) (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment or modification), the Issuer Servicer shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indentureamendment, which notification shall contain: (i) a reference to Docket No. 5230232475 and to any other Docket No. under which a Financing Order has been issued; (ii) an Officer’s Certificate stating that the proposed supplemental indenture amendment has been approved by all parties to this IndentureAgreement; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or to request additional time.; (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a) above8.02(a), either: (i) provide notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances have the effect of increasing the ongoing Qualified Costs qualified costs related to the System Restoration Transition Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii) above8.02(a)(iii), or (iii) be conclusively deemed to have consented to the proposed supplemental indentureamendment or modification, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a) above8.02(a), the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii8.02(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indentureamendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances increase ongoing Qualified Costs qualified costs to the person specified in Section 9.03(a)(iii8.02(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture amendment or modification on the last day of such extension of time. Any supplemental indenture amendment or modification requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture amendment or modification and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b8.02(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer Servicer under Section 9.03(a) above8.02(a), the Servicer and the Issuer shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indentureamendment. Such withdrawal shall be evidenced by the Servicer’s giving prompt written notice thereof by the Issuer to the PUCT, the Indenture Trustee Issuer and the ServicerIndenture Trustee.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.028.01(a), no supplemental indenture (other than the Series Supplement) amendment or modification of this Agreement shall be effective unless the process set forth in this Section 9.03 8.02 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, Section 8.01 (a) (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment or modification), the Issuer Servicer shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indentureamendment, which notification shall contain: (i) a reference to Docket No. 5230232475 and to any other Docket No. under which a Financing Order has been issued; (ii) an Officer’s Certificate stating that the proposed supplemental indenture amendment has been approved by all parties to this IndentureAgreement; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or to request additional time.; (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a) above8.02(a), either: (i) provide notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances have the effect of increasing the ongoing Qualified Costs qualified costs related to the System Restoration Transition Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii) above8.02(a)(iii), or (iii) be conclusively deemed to have consented to the proposed supplemental indentureamendment or modification, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a) above8.02(a), the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii8.02(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indentureamendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances increase ongoing Qualified Costs qualified costs to the person specified in Section 9.03(a)(iii8.02(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture amendment or modification on the last day of such extension of time. Any supplemental indenture amendment or modification requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture amendment or modification and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b8.02(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer Servicer under Section 9.03(a) above8.02(a), the Servicer and the Issuer shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indentureamendment. Such withdrawal shall be evidenced by the Servicer’s giving prompt written notice thereof by the Issuer to the PUCT, the Indenture Trustee Issuer and the ServicerIndenture Trustee.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.0211.01, no supplemental indenture amendment of Sections 4.01 (other than with respect to the Series Supplement) fees of the Independent Managers described in clause First), 4.02, 5.04, and 7.03 of this Agreement shall be effective unless except upon satisfaction of the process set forth conditions precedent in this Section 9.03 has been followed11.02. (a) At least thirty-one (31) fifteen days prior to the effectiveness of any such supplemental indenture amendment and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, 11.01 above (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment), the Issuer Member shall have delivered to the PUCT’s 's executive director and general counsel written notification of any proposed supplemental indentureamendment, which notification shall contain: (i) a reference to Docket No. 5230221528; (ii) an Officer’s 's Certificate stating that the proposed supplemental indenture amendment has been approved by all parties to this IndentureAgreement; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or to request additional time.; (biv) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture will not under any circumstances have the effect of increasing the ongoing Qualified Costs related to the System Restoration Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indenture, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, If the PUCT or its staff delivers shall have, within fifteen days (subject to extension as provided in Section 11.02(c) below) of receiving a notification complying with Section 11.02(a) above, delivered to the office of the person specified in Section 9.03(a)(iii11.02(a)(iii) above a written statement that the PUCT might object to the proposed amendment, then such proposed amendment shall not be effective unless and until the PUCT subsequently delivers a written statement in writing that it does not object to such proposed amendment. (v) If the PUCT or its staff shall have, within fifteen days of receiving a notification complying with Section 11.02(a) above, delivered to the office of the person specified in Section 11.02(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent such proposed amendment, then such proposed amendment shall not be effective if, within such extended period, the PUCT shall have delivered to the office of the person specified in Section 11.02(a)(iii) above a written statement as described in Section 11.02(b) above, unless and until the PUCT subsequently delivers a written statement in writing that it does not object to such proposed supplemental indenture. amendment. (vi) If the PUCT or its staff requests an extension of shall have not delivered written notice that the PUCT might object to such proposed amendment within the time periods described in the manner set forth in the preceding sentenceSection 11.02(b) or Section 11.02(c) above, whichever is applicable, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that be conclusively deemed not to have any objection to the proposed supplemental indenture will not under any circumstances increase ongoing Qualified Costs to amendment and such amendment may subsequently become effective upon satisfaction of the person other conditions specified in Section 9.03(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture on the last day of such extension of time. Any supplemental indenture requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended11.01. (cvii) Following the delivery of a notice to the PUCT by the Issuer Member under Section 9.03(a11.02(a) above, the Issuer Member shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indenture. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer to the PUCT, the Indenture Trustee and the Serviceramendment.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.0213, no supplemental indenture (other than the Series Supplement) amendment or modification of this Agreement shall be effective unless the process set forth in this Section 9.03 14 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, 13 above (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment), the Issuer Administrator shall have delivered to the PUCT’s 's executive director and general counsel written notification of any proposed supplemental indentureamendment or modification, which notification shall contain: (i) a reference to Docket No. 5230237247; (ii) 9; an Officer’s 's Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this IndentureAdministration Agreement; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or modification or to request additional time. (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a14(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances have the effect of increasing the ongoing Qualified Costs qualified costs related to the System Restoration Transition Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii14(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indentureamendment or modification, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a14(a) above, the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii14(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indentureamendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances increase ongoing Qualified Costs to the person specified in Section 9.03(a)(iii14(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture amendment or modification on the last day of such extension of time. Any supplemental indenture amendment or modification requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture amendment or modification and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b14(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer Administrator under Section 9.03(a14(a) above, the Issuer Administrator shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indentureamendment. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer Administrator to the PUCT, the Indenture Trustee Trustee, the Issuer and the Servicer.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.02, no supplemental indenture (other than the Series Supplement) shall be effective unless the process set forth in this Section 9.03 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, except for the consent of the Indenture Trustee and the Holders if the consent of the Holders is required or sought by the Indenture Trustee in connection with such supplemental indenture, the Issuer shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indenture, which notification shall contain: (i) a reference to Docket No. 5230237247; (ii) an Officer’s Certificate stating that the proposed supplemental indenture has been approved by all parties to this Indenture; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture or to request additional time. (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture will not under any circumstances have the effect of increasing the ongoing Qualified Costs related to the System Restoration Transition Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indenture, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indenture. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture will not under any circumstances increase ongoing Qualified Costs to the person specified in Section 9.03(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture on the last day of such extension of time. Any supplemental indenture requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer under Section 9.03(a) above, the Issuer shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indenture. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer to the PUCT, the Indenture Trustee and the Servicer.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.0211.02, no supplemental indenture amendment or modification of Sections 4.01 (other than with respect to the Series Supplement) Independent Manager Fee described in subsection (a)), 4.02, 5.04, and 7.03 of this Agreement shall be effective unless the process set forth in this Section 9.03 11.03 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, 11.02 above (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment), the Issuer Member shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indentureamendment or modification, which notification shall contain: : (i) a reference to Docket No. 52302; 49308; (ii) an Officer’s Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this IndentureAgreement; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or modification or to request additional time; and (iv) a statement as to the possible effect of the amendment or modification on the ongoing qualified costs related to the System Restoration Bonds. (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a11.03(a) above, either: : (i) provide notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances have the effect of increasing the ongoing Qualified Costs qualified costs related to the System Restoration Bonds, , (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii11.03(a)(iii) above, or or (iii) be conclusively deemed to have consented to the proposed supplemental indentureamendment or modification, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a11.03(a) above, the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii11.03(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indentureamendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances increase ongoing Qualified Costs qualified costs to the person specified in Section 9.03(a)(iii11.03(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture amendment or modification on the last day of such extension of time. Any supplemental indenture amendment or modification requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture amendment or modification and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b11.03(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer Member under Section 9.03(a11.03(a) above, the Issuer Member shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indentureamendment or modification. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer Member to the PUCT, the Indenture Trustee Trustee, each Independent Manager and the Servicer.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.02, no supplemental indenture (other than the Series Supplement) shall be effective unless except upon satisfaction of the process set forth conditions precedent in this Section 9.03 has been followed9.03. (a) At least thirty-one (31) fifteen days prior to the effectiveness of any such supplemental indenture and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, except for the consent of the Indenture Trustee and the Holders if the consent of the Holders is required or sought by the Indenture Trustee in connection with such supplemental indenture, the Issuer Seller shall have delivered to the PUCT’s 's executive director and general counsel written notification of any proposed supplemental indenture, which notification shall contain: (i) a reference to Docket No. 5230221528; (ii) an Officer’s 's Certificate stating that the proposed supplemental indenture has been approved by all parties to this IndentureAgreement or, if the consent of the Holders is required or being sought by the Indenture Trustee, that the supplemental indenture has been approved by all parties to this agreement other than the Holders subject to the consent of the Holders; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture or to request additional time.; (b) The If the PUCT or its staff shallshall have, within thirty fifteen days (30subject to extension as provided in Section 9.03(c) days below) of receiving the a notification complying with Section 9.03(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture will not under any circumstances have the effect of increasing the ongoing Qualified Costs related delivered to the System Restoration Bonds, (ii) provide notice office of its consent or lack of consent to the person specified in Section 9.03(a)(iii) above, or (iii) be conclusively deemed to have consented above a written statement that the PUCT might object to the proposed supplemental indenture, unlessthen such proposed supplemental indenture shall not be effective unless and until the PUCT subsequently delivers a written statement in writing that it does not object to such proposed supplemental indenture. (c) If the PUCT or its staff shall have, within thirty (30) fifteen days of receiving the a notification complying with Section 9.03(a) above, the PUCT or its staff delivers delivered to the office of the person specified in Section 9.03(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the such supplemental indenture, then such proposed supplemental indenture. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentenceindenture shall not be effective if, then within such extended period, the PUCT shall either provide notice have delivered to the office of its consent or lack of consent or notice of its determination that the proposed supplemental indenture will not under any circumstances increase ongoing Qualified Costs to the person specified in Section 9.03(a)(iii) above no later than a written statement as described in Section 9.03(b) above, unless and until the last day of PUCT subsequently delivers a written statement in writing that it does not object to such extension of proposed supplemental indenture. (d) If the PUCT or its staff shall have not delivered written notice that the PUCT might object to such proposed supplemental indenture within the time periods described in Section 9.03(b) or Section 9.03(c) above, whichever is applicable, then the PUCT shall be conclusively deemed not to have consented any objection to the proposed supplemental indenture on the last day of such extension of time. Any supplemental indenture requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to and such supplemental indenture and (ii) the first day after the expiration may subsequently become effective upon satisfaction of the thirty (30)-day period provided for other conditions specified in this Section 9.03(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended9.01 or 9. (ce) Following the delivery of a notice to the PUCT by the Issuer Seller under Section 9.03(a) above, the Seller and the Note Issuer shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indenture. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer to the PUCT, the Indenture Trustee and the Servicer.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.028.01(a), no supplemental indenture (other than the Series Supplement) amendment or modification of this Agreement shall be effective unless the process set forth in this Section 9.03 8.02 has been followed. (a) At least thirty-one (31) days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, 8.01(a) (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment or modification), the Issuer Servicer shall have delivered to the PUCT’s executive director and general counsel written notification of any proposed supplemental indentureamendment, which notification shall contain: (i) a reference to Docket No. 5230237247; (ii) an Officer’s Certificate stating that the proposed supplemental indenture amendment has been approved by all parties to this IndentureAgreement; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or to request additional time.; (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a) above8.02(a), either: (i) provide notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances have the effect of increasing the ongoing Qualified Costs related to the System Restoration Transition Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii) above8.02(a)(iii), or (iii) be conclusively deemed to have consented to the proposed supplemental indentureamendment or modification, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a) above8.02(a), the PUCT or its staff delivers to the office of the person specified in Section 9.03(a)(iii8.02(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the proposed supplemental indentureamendment or modification. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentence, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that the proposed supplemental indenture amendment or modification will not under any circumstances increase ongoing Qualified Costs to the person specified in Section 9.03(a)(iii8.02(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture amendment or modification on the last day of such extension of time. Any supplemental indenture amendment or modification requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture amendment or modification and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b8.02(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended. (c) Following the delivery of a notice to the PUCT by the Issuer Servicer under Section 9.03(a) above8.02(a), the Servicer and the Issuer shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indentureamendment. Such withdrawal shall be evidenced by the Servicer’s giving prompt written notice thereof by the Issuer to the PUCT, the Indenture Trustee Issuer and the ServicerIndenture Trustee.

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.026.01, no supplemental indenture (other than the Series Supplement) amendment or modification of this Agreement shall be effective unless except upon satisfaction of the process set forth conditions precedent in this Section 9.03 has been followed6.02. (a) At least thirty-one (31) fifteen days prior to the effectiveness of any such supplemental indenture amendment or modification and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, 6.01 above (except for that the consent of the Indenture Trustee and the Holders if may be subject to the consent of the Holders if such consent is required or sought by the Indenture Trustee in connection with such supplemental indentureamendment or modification pursuant to the terms of the Indenture), the Issuer Seller shall have delivered to the PUCT’s 's executive director and general counsel written notification of any proposed supplemental indentureamendment, which notification shall contain: : (i) a reference to Docket No. 52302; 25230; (ii) an Officer’s 's Certificate stating that the proposed supplemental indenture amendment or modification has been approved by all parties to this IndentureAgreement; and and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture amendment or to request additional time. (b) The PUCT or its staff shall, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture will not under any circumstances have the effect of increasing the ongoing Qualified Costs related to the System Restoration Bonds, (ii) provide notice of its consent or lack of consent to the person specified in Section 9.03(a)(iii) above, or (iii) be conclusively deemed to have consented to the proposed supplemental indenture, unless, within thirty (30) days of receiving the notification complying with Section 9.03(a) above, If the PUCT or its staff delivers shall have, within fifteen days (subject to extension as provided in Section 6.02(c) below) of receiving a notification complying with Section 6.02(a) above, delivered to the office of the person specified in Section 9.03(a)(iii6.02(a)(iii) above a written statement that the PUCT might object to the proposed amendment or modification, then such proposed amendment or modification shall not be effective unless and until the PUCT subsequently delivers a written statement in writing that it does not object to such proposed amendment or modification. (c) If the PUCT or its staff shall have, within fifteen days of receiving a notification complying with Section 6.02(a) above, delivered to the office of the person specified in Section 6.02(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent such proposed amendment or modification, then such proposed amendment or modification shall not be effective if, within such extended period, the PUCT shall have delivered to the office of the person specified in Section 6.02(a)(iii) above a written statement as described in Section 6.02(b) above, unless and until the PUCT subsequently delivers a written statement in writing that it does not object to such proposed supplemental indenture. amendment or modification. (d) If the PUCT or its staff requests an extension of shall have not delivered written notice that the PUCT might object to such proposed amendment or modification within the time periods described in the manner set forth in the preceding sentenceSection 6.02(b) or Section 6.02(c) above, whichever is applicable, then the PUCT shall either provide notice of its consent or lack of consent or notice of its determination that be conclusively deemed not to have any objection to the proposed supplemental indenture will not under any circumstances increase ongoing Qualified Costs to amendment or modification and such amendment or modification may subsequently become effective upon satisfaction of the person other conditions specified in Section 9.03(a)(iii) above no later than the last day of such extension of time or be conclusively deemed to have consented to the proposed supplemental indenture on the last day of such extension of time. Any supplemental indenture requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to such supplemental indenture and (ii) the first day after the expiration of the thirty (30)-day period provided for in this Section 9.03(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended6.01. (ce) Following the delivery of a notice to the PUCT by the Issuer Seller under Section 9.03(a6.02(a) above, the Seller and the Issuer shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indentureamendment. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer to the PUCT, the Indenture Trustee and the Servicer.19 <PAGE> SECTION

PUCT Condition. Notwithstanding anything to the contrary in Section 9.01 or 9.02, no supplemental indenture (other than the Series Supplement) shall be effective unless except upon satisfaction of the process set forth conditions precedent in this Section 9.03 has been followed9.03. (a) At least thirty-one (31) fifteen days prior to the effectiveness of any such supplemental indenture and after obtaining the other necessary approvals set forth in Section 9.01 or 9.02, as applicable, except for the consent of the Indenture Trustee and the Holders if the consent of the Holders is required or sought by the Indenture Trustee in connection with such supplemental indenture, the Issuer Seller shall have delivered to the PUCT’s 's executive director and general counsel written notification of any proposed supplemental indenture, which notification shall contain: (i) a reference to Docket No. 5230225230; (ii) an Officer’s 's Certificate stating that the proposed supplemental indenture has been approved by all parties to this IndentureAgreement or, if the consent of the Holders is required or being sought by the Indenture Trustee, that the supplemental indenture has been approved by all parties to this agreement other than the Holders, subject to the consent of the Holders; and (iii) a statement identifying the person to whom the PUCT or its staff is to address any response to the proposed supplemental indenture or to request additional time.; (b) The If the PUCT or its staff shallshall have, within thirty fifteen days (30subject to extension as provided in Section 9.03(c) days below) of receiving the a notification complying with Section 9.03(a) above, either: (i) provide notice of its determination that the proposed supplemental indenture will not under any circumstances have the effect of increasing the ongoing Qualified Costs related delivered to the System Restoration Bonds, (ii) provide notice office of its consent or lack of consent to the person specified in Section 9.03(a)(iii) above, or (iii) be conclusively deemed to have consented above a written statement that the PUCT might object to the proposed supplemental indenture, unlessthen such proposed supplemental indenture shall not be effective unless and until the PUCT subsequently delivers a written statement in writing that it does not object to such proposed supplemental indenture. (c) If the PUCT or its staff shall have, within thirty (30) fifteen days of receiving the a notification complying with Section 9.03(a) above, the PUCT or its staff delivers delivered to the office of the person specified in Section 9.03(a)(iii) above a written statement requesting an additional amount of time not to exceed thirty (30) days in which to consider whether to consent to the such supplemental indenture, then such proposed supplemental indenture. If the PUCT or its staff requests an extension of time in the manner set forth in the preceding sentenceindenture shall not be effective if, then within such extended period, the PUCT shall either provide notice have delivered to the office of its consent or lack of consent or notice of its determination that the proposed supplemental indenture will not under any circumstances increase ongoing Qualified Costs to the person specified in Section 9.03(a)(iii) above no later than a written statement as described in Section 9.03(b) above, unless and until the last day of PUCT subsequently delivers a written statement in writing that it does not object to such extension of proposed supplemental indenture. (d) If the PUCT or its staff shall have not delivered written notice that the PUCT might object to such proposed supplemental indenture within the time periods described in Section 9.03(b) or Section 9.03(c) above, whichever is applicable, then the PUCT shall be conclusively deemed not to have consented any objection to the proposed supplemental indenture on the last day of such extension of time. Any supplemental indenture requiring the consent of the PUCT shall become effective on the later of (i) the date proposed by the parties to and such supplemental indenture and (ii) the first day after the expiration may subsequently become effective upon satisfaction of the thirty (30)-day period provided for other conditions specified in this Section 9.03(b), or, if such period has been extended pursuant hereto, the first day after the expiration of such period as so extended9.01 or 9. (ce) Following the delivery of a notice to the PUCT by the Issuer Seller under Section 9.03(a) above, the Seller and the Issuer shall have the right at any time to withdraw from the PUCT further consideration of any notification of a proposed supplemental indenture. Such withdrawal shall be evidenced by the prompt written notice thereof by the Issuer to the PUCT, the Indenture Trustee and the Servicer.66