AEP Transition Funding III LLC Sample Contracts

AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF AEP TEXAS CENTRAL TRANSITION FUNDING III LLC Dated and Effective as of February 27, 2012
Limited Liability Company Agreement • February 27th, 2012 • AEP Transition Funding III LLC • Asset-backed securities • Delaware

This AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT (this “Agreement”) of AEP TEXAS CENTRAL TRANSITION FUNDING III LLC, a Delaware limited liability company (the “Company”), is made and entered into as of [__________], 2012 by AEP TEXAS CENTRAL COMPANY, a Texas corporation (including any additional or successor members of the Company other than Special Members, the “Member”).

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ADMINISTRATION AGREEMENT
Administration Agreement • March 16th, 2012 • AEP Transition Funding III LLC • Asset-backed securities • Texas

This ADMINISTRATION AGREEMENT, dated as of March 14, 2012 (this “Administration Agreement”), is entered into by and between AEP TEXAS CENTRAL COMPANY (“TCC”), as administrator (in such capacity, the “Administrator”), and AEP TEXAS CENTRAL TRANSITION FUNDING III LLC, a Delaware limited liability company (the “Issuer”). Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in Appendix A to the Indenture (as defined below).

AEP TEXAS CENTRAL TRANSITION FUNDING III LLC, Issuer, and U.S. BANK NATIONAL ASSOCIATION, Indenture Trustee and Securities Intermediary
Indenture • March 16th, 2012 • AEP Transition Funding III LLC • Asset-backed securities • Texas

This INDENTURE dated as of March 14, 2012, by and between AEP TEXAS CENTRAL TRANSITION FUNDING III LLC, a Delaware limited liability company (the “Issuer”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association, in its capacity as indenture trustee (the “Indenture Trustee”) for the benefit of the Secured Parties (as defined herein) and in its separate capacity as a securities intermediary (the “Securities Intermediary”).

TRANSITION PROPERTY PURCHASE AND SALE AGREEMENT by and between AEP TEXAS CENTRAL TRANSITION FUNDING III LLC, Issuer and AEP TEXAS CENTRAL COMPANY, Seller Dated as of March 14, 2012
Transition Property Purchase and Sale Agreement • March 16th, 2012 • AEP Transition Funding III LLC • Asset-backed securities • Texas

This TRANSITION PROPERTY PURCHASE AND SALE AGREEMENT (this “Agreement”), dated as of March 14, 2012, is between AEP Texas Central Transition Funding III LLC, a Delaware limited liability company (the “Issuer”), and AEP Texas Central Company, a Texas corporation (together with its successors in interest to the extent permitted hereunder, the “Seller”).

AEP TEXAS CENTRAL TRANSITION FUNDING III LLC AEP TEXAS CENTRAL COMPANY $800,000,000 SENIOR SECURED TRANSITION BONDS UNDERWRITING AGREEMENT
Underwriting Agreement • March 16th, 2012 • AEP Transition Funding III LLC • Asset-backed securities • New York
TRANSITION PROPERTY SERVICING AGREEMENT by and between AEP TEXAS CENTRAL TRANSITION FUNDING III LLC, Issuer and AEP TEXAS CENTRAL COMPANY, Servicer Dated as of March 14, 2012
Servicing Agreement • March 16th, 2012 • AEP Transition Funding III LLC • Asset-backed securities • New York

This TRANSITION PROPERTY SERVICING AGREEMENT (this “Agreement”), dated as of March 14, 2012, is between AEP TEXAS CENTRAL TRANSITION FUNDING III LLC, a Delaware limited liability company, as issuer (the “Issuer”), and AEP TEXAS CENTRAL COMPANY (“TCC”), a Texas corporation, as servicer (the “Servicer”).

SERIES SUPPLEMENT
Series Supplement • March 16th, 2012 • AEP Transition Funding III LLC • Asset-backed securities • Texas

This SERIES SUPPLEMENT dated as of March 14, 2012 (this “Supplement”), by and between AEP TEXAS CENTRAL TRANSITION FUNDING III LLC, a limited liability company created under the laws of the State of Delaware (the “Issuer”), and U.S. Bank National Association, a national banking association (“BANK”), in its capacity as indenture trustee (the “Indenture Trustee”) for the benefit of the Secured Parties under the Indenture dated as of March 14, 2012, by and between the Issuer and BANK, in its capacity as Indenture Trustee and in its separate capacity as a securities intermediary (the “Indenture”).

AMENDED AND RESTATED INTERCREDITOR AGREEMENT
Amended and Restated Intercreditor Agreement • March 16th, 2012 • AEP Transition Funding III LLC • Asset-backed securities • Texas

AEP Texas Central Company, in its capacity as the initial servicer of the Initial Transition Property referred to below (including any successor in such capacity, the “Initial TC Servicer” and, together with the Initial Transition Bond Issuer and the Initial Transition Bond Trustee, the “Initial Parties”);

AMENDED AND RESTATED INTERCREDITOR AGREEMENT
Intercreditor Agreement • February 27th, 2012 • AEP Transition Funding III LLC • Asset-backed securities • Texas

AEP Texas Central Company, in its capacity as the initial servicer of the Initial Transition Property referred to below (including any successor in such capacity, the “Initial TC Servicer” and, together with the Initial Transition Bond Issuer and the Initial Transition Bond Trustee, the “Initial Parties”);

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