INDENTURE by and between DTE ELECTRIC SECURITIZATION FUNDING I LLC, Issuer and THE BANK OF NEW YORK MELLON, Indenture Trustee and Securities Intermediary Dated as of March 17, 2022Indenture • March 17th, 2022 • DTE Electric Securitization Funding I LLC • Electric services • Michigan
This INDENTURE, dated as of March 17, 2022, is by and between DTE Electric Securitization Funding I LLC, a Delaware limited liability company (the “Issuer”), and The Bank of New York Mellon, in its capacity as indenture trustee (in such capacity, the “Indenture Trustee”) for the benefit of the Secured Parties and in its separate capacity as a securities intermediary and account bank (in such capacities, the “Securities Intermediary”).
ADMINISTRATION AGREEMENTAdministration Agreement • March 17th, 2022 • DTE Electric Securitization Funding I LLC • Electric services • Michigan
ADMINISTRATION AGREEMENT, dated as of March 17, 2022 (this “Administration Agreement”), is entered into by and between DTE ELECTRIC COMPANY, a Michigan corporation (“DTE Electric”), as administrator (in such capacity, the “Administrator”), and DTE ELECTRIC SECURITIZATION FUNDING I LLC, a Delaware limited liability company (the “Issuer”).
SECURITIZATION PROPERTY PURCHASE AND SALE AGREEMENT by and between DTE ELECTRIC SECURITIZATION FUNDING I LLC, Issuer and DTE ELECTRIC COMPANY, Seller Dated as of March 17, 2022Securitization Property Purchase and Sale Agreement • March 17th, 2022 • DTE Electric Securitization Funding I LLC • Electric services • Michigan
This SECURITIZATION PROPERTY PURCHASE AND SALE AGREEMENT, dated as of March 17, 2022 (this “Sale Agreement”), is by and between DTE ELECTRIC SECURITIZATION FUNDING I LLC, a Delaware limited liability company (the “Issuer”), and DTE ELECTRIC COMPANY, a Michigan corporation (together with its successors in interest to the extent permitted hereunder, the “Seller”).
SECURITIZATION PROPERTY SERVICING AGREEMENT by and between DTE ELECTRIC SECURITIZATION FUNDING I LLC, Issuer and DTE ELECTRIC COMPANY, Servicer Dated as of March 17, 2022Securitization Property Servicing Agreement • March 17th, 2022 • DTE Electric Securitization Funding I LLC • Electric services • Michigan
This SECURITIZATION PROPERTY SERVICING AGREEMENT, dated as of March 17, 2022 (this “Servicing Agreement”), is by and between DTE ELECTRIC SECURITIZATION FUNDING I LLC, a Delaware limited liability company, as issuer (the “Issuer”), and DTE ELECTRIC COMPANY, a Michigan corporation, as servicer (the “Servicer”).
DTE ELECTRIC SECURITIZATION FUNDING I LLC DTE ELECTRIC COMPANY $235,800,000 SENIOR SECURED SECURITIZATION BONDS, SERIES 2022A UNDERWRITING AGREEMENTDTE Electric Securitization Funding I LLC • March 14th, 2022 • Electric services • New York
SERIES SUPPLEMENTSeries Supplement • March 17th, 2022 • DTE Electric Securitization Funding I LLC • Electric services • Michigan
This SERIES SUPPLEMENT, dated as of March 17, 2022 (this “Supplement”), by and between DTE Electric Securitization Funding I LLC, a limited liability company created under the laws of the State of Delaware (the “Issuer”), and The Bank of New York Mellon (“Bank”), not in its individual capacity, but solely in its capacity as indenture trustee (the “Indenture Trustee”) for the benefit of the Secured Parties under the Indenture dated as of March 17, 2022, by and between the Issuer and Bank, in its capacity as Indenture Trustee and in its separate capacity as a securities intermediary and account bank (the “Indenture”).
AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF DTE ELECTRIC SECURITIZATION FUNDING I LLC Dated as of March 9, 2022Limited Liability Company Agreement • March 14th, 2022 • DTE Electric Securitization Funding I LLC • Electric services • Delaware
This AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT (as amended, restated or amended and restated from time to time, this “LLC Agreement”) of DTE ELECTRIC SECURITIZATION FUNDING I LLC, a Delaware limited liability company (the “Company”), dated as of March 9, 2022, is entered into by DTE Electric Company, a Michigan corporation, as sole equity member of the Company (together with any additional or successor members of the Company, each in their capacity as a member of the Company, other than Special Members, the “Member”), and by Lisa M. Pierro, as the Independent Manager.
AMENDMENT NO. 1 TO THE AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF DTE ELECTRIC SECURITIZATION FUNDING I LLCLimited Liability Company Agreement • March 17th, 2022 • DTE Electric Securitization Funding I LLC • Electric services • Delaware
This Amendment No. 1 to the Amended and Restated Limited Liability Company Agreement of DTE Electric Securitization Funding I LLC (the “Company”), dated as of March 16, 2022 (this “Amendment”), is made and entered into by DTE Electric Company, as the sole equity member. Capitalized terms used herein and not otherwise defined are used as defined in the LLC Agreement (as defined below).
ContractSecuritization Property Servicing Agreement • June 14th, 2024 • DTE Electric Securitization Funding I LLC • Asset-backed securities
Pursuant to Section 4.01(c)(ii) of the Securitization Property Servicing Agreement, dated as of March 17, 2022 (the “Servicing Agreement”), by and between DTE ELECTRIC COMPANY, as servicer (the “Servicer”), and DTE ELECTRIC SECURITIZATION FUNDING I LLC, the Servicer does hereby certify, for the June 1, 2024 Payment Date (the “Current Payment Date”), as follows:
AMENDMENT TO SECURITIZATION PROPERTY SERVICING AGREEMENT by and between DTE ELECTRIC SECURITIZATION FUNDING I LLC, Issuer and DTE ELECTRIC COMPANY, Servicer Dated as of January 31, 2024Securitization Property Servicing Agreement • February 1st, 2024 • DTE Electric Securitization Funding I LLC • Asset-backed securities
This AMENDMENT TO SECURITIZATION PROPERTY SERVICING AGREEMENT, dated as of January 31, 2024 (the “Amendment”), is made by and between DTE ELECTRIC SECURITIZATION FUNDING I LLC, a Delaware limited liability company, as Issuer (the “Issuer”) and DTE ELECTRIC COMPANY, a Michigan corporation, as servicer (the “Servicer”).
