Common use of Replacement of Indenture Trustee and Securities Intermediary Clause in Contracts

Replacement of Indenture Trustee and Securities Intermediary. (a) The Indenture Trustee may resign at any time upon thirty (30) days’ prior written notice to the Issuer subject to Section 6.08(c). The Holders of not less than a majority of the Outstanding Amount of the Securitized Utility Tariff Bonds may remove the Indenture Trustee by so notifying the Indenture Trustee in writing not less than thirty-one (31) days prior to the date of removal and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:

Replacement of Indenture Trustee and Securities Intermediary. (a) The Indenture Trustee may resign at any time upon thirty (30) 30 days’ prior written notice to the Issuer subject to Section 6.08(c). The Holders of not less than a majority of the Outstanding Amount of the Securitized Utility Tariff Bonds may remove the Indenture Trustee by so notifying the Indenture Trustee in writing not less than thirty-one (31) days prior to the date of removal and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:6.08

Replacement of Indenture Trustee and Securities Intermediary. (a) The Indenture Trustee may resign at any time upon thirty (30) days’ prior written notice to the Issuer subject to Section 6.08(c)clause (c) below. The Holders of not less than a majority of the Outstanding Amount of the Securitized Utility Tariff Storm Recovery Bonds may remove the Indenture Trustee by so notifying the Indenture Trustee in writing not less than thirty-one (31) days prior to the date of removal and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:

Replacement of Indenture Trustee and Securities Intermediary. (a) The Indenture Trustee may resign at any time upon thirty (30) not less than 30 days’ prior written notice to the Issuer subject to Section 6.08(c). The Holders of not less than a majority of the Outstanding Amount of the Securitized Utility Tariff Energy Transition Bonds may remove the Indenture Trustee by so notifying the Indenture Trustee in writing not less than thirty-one (31) 31 days prior to the date of removal and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:

Replacement of Indenture Trustee and Securities Intermediary. (a) The Indenture Trustee may resign at any time upon thirty (30) days’ prior written notice to the Issuer subject to Section 6.08(c). The Holders of not less than a majority of the Outstanding Amount of the Securitized Utility Tariff Bonds may remove the Indenture Trustee by so notifying the Indenture Trustee in writing not less than thirty-one (31) days prior to the date of removal and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:6.08

Replacement of Indenture Trustee and Securities Intermediary. (a) The Indenture Trustee may resign at any time upon thirty (30) 30 days’ prior written notice to the Issuer subject to Section 6.08(c). The Holders of not less than a majority of the Outstanding Amount of the Securitized Utility Tariff Securitization Bonds may remove the Indenture Trustee by so notifying the Indenture Trustee in writing not less than thirty-one (31) days prior to the date of removal and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:

Replacement of Indenture Trustee and Securities Intermediary. (a) The Indenture Trustee may resign at any time upon thirty (30) days’ prior written notice to the Issuer subject to Section 6.08(c)clause (c) below. The Holders of not less than a majority of the Outstanding Amount of the Securitized Utility Tariff System Restoration Bonds may remove the Indenture Trustee with thirty (30) days’ prior written notice by so notifying the Indenture Trustee in writing not less than thirty-one (31) days prior to the date of removal and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:

Replacement of Indenture Trustee and Securities Intermediary. (a) The Indenture Trustee may resign at any time upon thirty (30) days’ prior written notice to the Issuer subject to Section 6.08(c)clause (c) below. The Holders of not less than a majority of the Outstanding Amount of the Securitized Utility Tariff Transition Bonds may remove the Indenture Trustee by so notifying the Indenture Trustee in writing not less than thirty-one (31) days prior to the date of removal and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:

Replacement of Indenture Trustee and Securities Intermediary. (a) The Indenture Trustee may resign at any time upon thirty (30) days’ prior written notice to the Issuer subject to Section 6.08(c)clause (c) below. The Holders of not less than a majority of the Outstanding Amount of the Securitized Utility Tariff Phase-In-Recovery Bonds may remove the Indenture Trustee by so notifying the Indenture Trustee in writing not less than thirty-one (31) days prior to the date of removal and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:

Replacement of Indenture Trustee and Securities Intermediary. (a) The Indenture Trustee may resign at any time upon thirty (30) days’ prior written notice to the Issuer subject to Section 6.08(c). The Holders of not less than a majority of the Outstanding Amount of the Securitized Utility Tariff Securitization Bonds may remove the Indenture Trustee by so notifying the Indenture Trustee in writing not less than thirty-one (31) days prior to the date of removal and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:

Replacement of Indenture Trustee and Securities Intermediary. (a) The Indenture Trustee may resign at any time upon thirty (30) 30 days’ prior written notice to the Issuer subject to Section 6.08(c). The Holders of not less than a majority of the Outstanding Amount of the Securitized Utility Tariff Nuclear Asset-Recovery Bonds may remove the Indenture Trustee by so notifying the Indenture Trustee in writing not less than thirty-one (31) 31 days prior to the date of removal and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:

Replacement of Indenture Trustee and Securities Intermediary. (a) The Indenture Trustee may resign at any time upon thirty (30) days’ prior written notice to the Issuer subject to Section 6.08(c)clause (c) below. The Holders of not less than a majority of the Outstanding Amount of the Securitized Utility Tariff Consumer Rate Relief Bonds may remove the Indenture Trustee by so notifying the Indenture Trustee in writing not less than thirty-one (31) days prior to the date of removal and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:

Replacement of Indenture Trustee and Securities Intermediary. (a) The Indenture Trustee may resign at any time upon thirty (30) days’ prior written notice to the Issuer subject to Section 6.08(c)clause (c) below. The Holders of not less than a majority of the Outstanding Amount of the Securitized Utility Tariff Investment Recovery Bonds may remove the Indenture Trustee by so notifying the Indenture Trustee in writing not less than thirty-one (31) days prior to the date of removal and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:

Replacement of Indenture Trustee and Securities Intermediary. (a) The Indenture Trustee may resign at any time upon thirty (30) 30 days’ prior written notice (or such shorter period as the Issuer may agree) to the Issuer (and the Indenture Trustee shall provide such notice to the Holders) subject to Section 6.08(c). The Holders of not less than a majority of the Outstanding Amount of the Securitized Utility Tariff Rate Reduction Bonds may remove the Indenture Trustee by so notifying the Indenture Trustee in writing not less than thirty-one (31) days upon 30 days’ prior written notice to the date of removal and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:

Replacement of Indenture Trustee and Securities Intermediary. (a) The Indenture Trustee may resign at any time upon thirty (30) days’ prior written notice to the Issuer subject to Section 6.08(c)clause (c) below. The Holders of not less than a majority of the Outstanding Amount of the Securitized Utility Tariff Rate Stabilization Bonds of all Series may remove the Indenture Trustee by so notifying the Indenture Trustee in writing not less than thirty-one (31) days prior to the date of removal and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:

Replacement of Indenture Trustee and Securities Intermediary. (a) The Indenture Trustee may resign at any time upon thirty (30) days’ prior written notice to the Issuer subject to Section 6.08(c)clause (c) below. The Holders of not less than a majority of the Outstanding Amount of the Securitized Utility Tariff Transition Bonds of all Series may remove the Indenture Trustee by so notifying the Indenture Trustee in writing not less than thirty-one (31) days prior to the date of removal and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if: