NINETY-SEVENTH SUPPLEMENTAL INDENTURE
Southern California Edison Company
to
The Bank of New York
and
X. X. Xxxxxxx,
Trustees
DATED AS OF FEBRUARY 21, 2002
This Ninety-Seventh Supplemental Indenture, dated as of the 21st day of February, 2002, is
entered into by and between Southern California Edison Company (between 1930 and 1947 named "Southern California
Edison Company Ltd."), a corporation duly organized and existing under and by virtue of the laws of the State of
California and having its principal office and mailing address at 0000 Xxxxxx Xxxxx Xxxxxx, in the City of
Rosemead, County of Xxx Xxxxxxx, Xxxxx xx Xxxxxxxxxx 00000, and qualified to do business in the States of
Arizona, New Mexico, and Nevada (hereinafter sometimes termed the "Company"), and The Bank of New York, a
corporation duly organized and existing under and by virtue of the laws of the State of New York, acting through
its agent, BNY Midwest Trust Company with its principal office and mailing address at 0 Xxxxx XxXxxxx Xxxxxx, in
the City of Xxxxxxx, Xxxxx xx Xxxxxxxx 00000 (successor Trustee to Xxxxxx Trust and Savings Bank), and X. X.
Xxxxxxx of 0 Xxxxx XxXxxxx Xxxxxx, in the City of Xxxxxxx, Xxxxx xx Xxxxxxxx 00000 (successor Trustee to X. X.
Xxxxx, who was successor Trustee to Xxxxx Fargo Bank, National Association, which was successor Trustee to
Security Pacific National Bank, formerly named Security First National Bank and Security-First National Bank of
Los Angeles, successor, by consolidation and merger, to Pacific-Southwest Trust & Savings Bank), as Trustees
(hereinafter sometimes termed the "Trustees");
WITNESSETH:
WHEREAS, the Company heretofore executed and delivered to said Xxxxxx Trust and Savings Bank
and said Pacific-Southwest Trust & Savings Bank, Trustees, a certain Indenture of Mortgage or Deed of Trust dated
as of October 1, 1923, which said Indenture was duly filed for record and recorded in the offices of the
respective recorders of the following counties: in the State of California-Fresno County, Volume 397 of Official
Records, page 1; Imperial County, Book 1174 of Official Records, page 966; Inyo County, Volume 154 of Official
Records, page 417; Xxxx County, Book 379 of Trust Deeds, page 196; Kings County, Volume 84 of Deeds, page 1; Los
Angeles County, Book 2963 of Official Records, page 1; Madera County, Volume 9 of Official Records, page 63;
Merced County, Volume 363 of Official Records, page 1; Modoc County, Volume 230 of Official Records, page 119 et
seq.; Mono County, Volume 64 of Official Records, page 29; Orange County, Book 496 of Deeds, page 1; Riverside
County, Book 594 of Deeds, page 252; San Bernardino County, Book 825 of Deeds, page 1; San Diego County, Series 5
Book 1964, page 84061; Santa Xxxxxxx County, Book 229 of Deeds, page 30; Stanislaus County, Volume 465 of
Official Records, page 370; Tulare County, Volume 50 of Official Records, page 1; Tuolumne County, Volume 274 of
Official Records, page 568; and Ventura County, Volume 33 of Official Records, page 1; in the State of
Nevada-Xxxxx County, Book 8 of Mortgages; Xxxxxxxxx County, Book 40 of Official Records, page 235; Lyon County,
Book 39 of Mortgages, page 1; Mineral County, Book 13 of Official Records, page 794; Pershing County, Book 15 of
Official Records, page 612; and Washoe County, Book 83 of Mortgages, page 301; in the State of Arizona-La Paz
County, Instrument No. 83-000212 of Official Records; Mohave County, Book 11 of Realty Mortgages; Maricopa
County, Docket 4349 of Official Records, page 197; and Yuma County, Docket 369, page 310; and in the offices of
the county clerks of the following counties in the State of New Mexico-XxXxxxxx County, Book Mtg. 50, page 187
and filed as Document No. 10536 in the Chattel Records; and San Xxxx County, Book Mtg. 630, page 13 and filed as
Document No. 17838 in the Chattel Records (hereinafter referred to as the "Original Indenture"), to secure the
payment of the principal of and interest on all bonds of the Company at any time outstanding thereunder, and (as
to certain such filings or recordings) the principal of and interest on all Debentures of 1919 (referred to in
the Original Indenture and now retired) outstanding; and
WHEREAS, the Company has heretofore executed and delivered to the Trustees ninety-six certain
supplemental Indentures, dated, respectively, as of March 1, 1927, April 25, 1935, June 24, 1935, September 1,
1935, August 15, 1939, September 1, 1940, January 15, 1948, August 15, 1948, February 15, 1951, August 15, 1951,
August 15, 1953, August 15, 1954, April 15, 1956, February 15, 1957, July 1, 1957, August 15, 1957, August 15,
1958, January 15, 1960, August 15, 1960, April 1, 1961, May 1, 1962, October 15, 1962, May 15, 1963, February 15,
1964, February 1, 1965, May 1, 1966, August 15, 1966, May 1, 1967, February 1, 1968, January 15, 1969, October 1,
1969, December 1, 1970, September 15, 1971, August 15, 1972, February 1, 1974, July 1, 1974, November 1, 1974,
March 1, 1975, March 15, 1976, July 1, 1977, November 1, 1978, June 15, 1979, September 15, 1979, October 1,
1979, April 1, 1980, November 15, 1980, May 15, 1981, August 1, 1981, December 1, 1981, January 16, 1982, April
15, 1982, November 1, 1982, November 1, 1982, January 1, 1983, May 1, 1983, December 1, 1984, March 15, 1985,
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October 1, 1985, October 15, 1985, March 1, 1986, March 15, 1986, April 15, 1986, April 15, 1986, July 1, 1986,
September 1, 1986, September 1, 1986, December 1, 1986, July 1, 1987, October 15, 1987, November 1, 1987,
February 15, 1988, April 15, 1988, July 1, 1988, August 15, 1988, September 15, 1988, January 15, 1989, May 1,
1990, June 15, 1990, August 15, 1990, December 1, 1990, April 1, 1991, May 1, 1991, June 1, 1991, December 1,
1991, February 1, 1992, April 1, 1992, July 1, 1992, July 15, 1992, December 1, 1992, January 15, 1993, March 1,
1993, June 1, 1993, June 15, 1993, July 15, 1993, September 1, 1993, and October 1, 1993, which modify, amend and
supplement the Original Indenture, such Original Indenture, as so modified, amended and supplemented, being
hereinafter referred to as the "Amended Indenture"; and
WHEREAS, there have been issued and are now outstanding and entitled to the benefits of the
Amended Indenture, First and Refunding Mortgage Bonds as follows:
Series Due Date Principal Amount
------ -------- ----------------
86D,E,F&G 2008 196,000,000
87A,B,C&D 2008 135,000,000
91A 2021 48,920,000
91D 2017 28,585,000
92C 2027 30,000,000
92E 2024 190,000,000
93C 2026 300,000,000
93D 2023 154,540,000
93F 2003 125,000,000
93G 2025 225,000,000
93H 2004 125,000,000
93I 2018 200,000,000
93J 2002 200,000,000
WHEREAS, the Company proposes presently to issue in fully registered form only, without
coupons, up to $2,000,000,000 aggregate principal amount of four new series of the Company's First and Refunding
Mortgage Bonds, with the exact principal amount and maturity date of each series to be fixed in a resolution of
the Board of Directors or the Executive Committee of the Board of Directors of the Company, said new series to be
designated, respectively, "Series 2002A, Due 2003," "Series 2002B, Due 2005," "Series 2002C, Due 2004," and
"Series 2002D, Due 2002" (the bonds of such four series being hereinafter sometimes referred to collectively as
the "Bonds"); and the Company's authorized bonded indebtedness has been increased to provide for the issuance of
said Bonds; and
WHEREAS, the Company has acquired real and personal property since the execution and delivery
of the Ninety-Sixth Supplemental Indenture which, with certain exceptions, is subject to the lien of the Amended
Indenture by virtue of the after-acquired property clauses and other clauses thereof, and the Company now desires
in this Ninety-Seventh Supplemental Indenture (hereinafter sometimes referred to as the "Supplemental Indenture")
expressly to convey and confirm unto the Trustees all properties, whether real, personal or mixed, now owned by
the Company (with the exceptions hereinafter noted); and
WHEREAS, for the purpose of further safeguarding the rights and interests of the holders of
bonds under the Amended Indenture, the Company desires, in addition to such conveyance, to enter into certain
covenants with the Trustees; and
WHEREAS, the making, executing, acknowledging, delivering and recording of this Supplemental
Indenture have been duly authorized by proper corporate action of the Company, and the Trustees have each duly
determined to execute and accept this Supplemental Indenture;
NOW, THEREFORE, in order further to secure the payment of the principal of and interest on all
of the bonds of the Company at any time outstanding under the Amended Indenture, as from time to time amended and
supplemented, including specifically, but without limitation, the First and Refunding Mortgage Bonds, Series 86D,
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Series 86E, Series 86F, Series 86G, Series 87A, Series 87B, Series 87C, Series 87D, Series 91A, Series 91D,
Series 92C, Series 92E, Series 93C, Series 93D, Series 93F, Series 93G, Series 93H, Series 93I, and Series 93J,
referred to above, all of said bonds having been heretofore issued and being now outstanding, and the Bonds, of
the aggregate principal amount of up to $2,000,000,000, to be presently issued and outstanding; and to secure the
performance and observance of each and every of the covenants and agreements in the Amended Indenture contained,
and without in any way limiting (except as hereinafter specifically provided) the generality or effect of the
Original Indenture or any of said Supplemental Indentures executed and delivered prior to the execution and
delivery of this Supplemental Indenture insofar as by any provision of any said Indenture any of the properties
hereinafter referred to are subject to the lien and operation thereof, but to such extent (except as hereinafter
specifically provided) confirming such lien and operation, and for and in consideration of the premises, and of
the sum of One Dollar ($1.00) to the Company duly paid by the Trustees, at or upon the ensealing and delivery of
these presents (the receipt whereof is hereby acknowledged), the Company has executed and delivered this
Supplemental Indenture and has granted, bargained, sold, aliened, released, conveyed, assigned, transferred,
warranted, mortgaged, and pledged, and by these presents does grant, bargain, sell, alien, release, convey,
assign, transfer, warrant, mortgage, and pledge unto the Trustees, their successors in trust and their assigns
forever, in trust, with power of sale, all of the following:
All and singular the plants, properties (including goods which are or are to become fixtures),
equipment, and generating, transmission, feeding, storing, and distributing systems, and facilities and utilities
of the Company in the Counties of Fresno, Imperial, Inyo, Xxxx, Kings, Los Angeles, Madera, Merced, Modoc, Mono,
Orange, Riverside, San Bernardino, San Diego, Santa Barbara, Stanislaus, Tulare, Tuolumne, and Ventura, in the
State of California, Churchill, Clark, Lyon, Mineral, Pershing, and Washoe, in the State of Nevada, La Paz,
Maricopa, and Mohave, in the State of Arizona, and XxXxxxxx and San Xxxx, in the State of New Mexico, and
elsewhere either within or without said States, with all and singular the franchises, ordinances, grants,
easements, rights-of-way, permits, privileges, contracts, appurtenances, tenements, and other rights and property
thereunto appertaining or belonging, as the same now exist and as the same or any and all parts thereof may
hereafter exist or be improved, added to, enlarged, extended or acquired in said Counties, or elsewhere either
within or without said States;
Together with, to the extent permitted by law, all other properties, real, personal, and mixed
(including goods which are or are to become fixtures), except as herein expressly excepted, of every kind,
nature, and description, including those kinds and classes of property described or referred to (whether
specifically or generally or otherwise) in the Original Indenture and/or in any one or more of the indentures
supplemental thereto, now or hereafter owned, possessed, acquired or enjoyed by or in any manner appertaining to
the Company, and the reversion and reversions, remainder and remainders, tolls, incomes, revenues, rents, issues,
and profits thereof; it being hereby intended and expressly agreed that all the business, franchises, and
properties, real, personal, and mixed (except as herein expressly excepted), of every kind and nature whatsoever
and wherever situated, now owned, possessed, or enjoyed, and which may hereafter be in anywise owned, possessed,
acquired, or enjoyed by the Company, shall be as fully embraced within the provisions hereof and be subject to
the lien created hereby and by the Original Indenture and said supplemental indentures executed and delivered
prior to the execution and delivery of this Supplemental Indenture, as if said properties were particularly
described herein;
Saving and excepting, however, anything contained herein or in the granting clauses of the
Original Indenture, or of the above mentioned Indentures supplemental thereto, or elsewhere contained in the
Original Indenture or said supplemental Indentures, to the contrary notwithstanding, from the property hereby or
thereby mortgaged and pledged, all of the following property (whether now owned by the Company or hereafter
acquired by it): all bills, notes, warrants, customers' service and extension deposits, accounts receivable,
cash on hand or deposited in banks or with any governmental agency, contracts, choses in action, operating
agreements and leases to others (as distinct from the property leased and without limiting any rights of the
Trustees with respect thereto under any of the provisions of the Amended Indenture), all bonds, obligations,
evidences of indebtedness, shares of stock and other securities, and certificates or evidences of interest
Page 4
therein, all office furniture and office equipment, motor vehicles and tools therefor, all materials, goods,
merchandise, and supplies acquired for the purpose of sale in the ordinary course of business or for consumption
in the operation of any property of the Company, and all electrical energy and other materials or products
produced by the Company for sale, distribution, or use in the ordinary conduct of its business--other than any of
the foregoing which has been or may be specifically transferred or assigned to or pledged or deposited with the
Trustees, or any of them, under the Amended Indenture, or required by the provisions of the Amended Indenture, so
to be; provided, however, that if, upon the occurrence of a default under the Amended Indenture, the Trustees, or
any of them, or any receiver appointed under the Amended Indenture, shall enter upon and take possession of the
mortgaged and pledged property, the Trustees, or such Trustee or such receiver may, to the extent permitted by
law, at the same time likewise take possession of any and all of the property excepted by this paragraph then on
hand which is used or useful in connection with the business of the Company, and collect, impound, use, and
administer the same to the same extent as if such property were part of the mortgaged and pledged property and
had been specifically mortgaged and pledged hereunder, unless and until such default shall be remedied or waived
and possession of the mortgaged and pledged property restored to the Company, its successors or assigns, and
provided further, that upon the taking of such possession and until possession shall be restored as aforesaid,
all such excepted property of which the Trustees, or such Trustee or such receiver shall have so taken
possession, shall be and become subject to the lien hereof, subject, however, to any liens then existing on such
excepted property.
And the Company does hereby covenant and agree with the Trustees, and the Trustees with the
Company, as follows:
PART I
The Trustees shall have and hold all and singular the properties conveyed, assigned, mortgaged
and pledged hereby or by the Amended Indenture, including property hereafter as well as heretofore acquired, in
trust for the equal and proportionate benefit and security of all present and future holders of the bonds and
interest obligations issued and to be issued under the Amended Indenture, as from time to time amended and
supplemented, without preference of any bond over any other bond by reason of priority in date of issuance,
negotiation, time of maturity, or for any other cause whatsoever, except as otherwise in the Amended Indenture,
as from time to time amended and supplemented, permitted, and to secure the payment of all bonds now or at any
time hereafter outstanding under the Amended Indenture, as from time to time amended and supplemented, and the
performance of and compliance with the covenants and conditions of the Amended Indenture, as from time to time
amended and supplemented, and under and subject to the provisions and conditions and for the uses set forth in
the Amended Indenture, as from time to time amended and supplemented.
PART II
Article I to Article Twenty-One, inclusive, of the Amended Indenture are hereby incorporated by
reference herein and made a part hereof as fully as though set forth at length herein.
PART III
All of the terms appearing herein shall be defined as the same are now defined under the
provisions of the Amended Indenture, except when expressly herein otherwise defined.
PART IV
Pursuant to Section 1 of Article Five of the Original Indenture, as amended by Part IV, Subpart
C, of the Sixth Supplemental Indenture, dated as of September 1, 1940, the notice to be given with respect to the
redemption of the Bonds in whole or in part, shall be limited to and shall consist of the giving by the Company
or The Bank of New York, Trustee, of a notice in writing (including by facsimile transmission) of such
redemption, at least four business days prior to the date fixed for redemption to the holder of each Bond called
for redemption at the holder's last address shown on the registry books of the Company. Failure to so provide
such notice to the holder of any Bond shall not affect the validity of the redemption proceedings with respect to
any other Bond.
Page 5
PART V
All, but only, the duties, responsibilities, liabilities, immunities, rights, powers, and
indemnities against liability, of the Trustees and each of them, with respect to the trust created by the Amended
Indenture, are hereby assumed by and given to the Trustees, and each of them, with respect to the trust hereby
created, and are so assumed and given subject to all the terms and provisions with respect thereto as set forth
in the Amended Indenture, as fully and to all intents and purposes as if the same were herein set forth at
length; and this Supplemental Indenture is executed by the Trustees for the purpose of evidencing their consent
to the foregoing.
The recitals contained herein, except the recital that the Trustees have each duly determined
to execute and deliver this Supplemental Indenture, shall be taken as the statements of the Company, and the
Trustees assume no responsibility for the correctness thereof. The Trustees make no representations as to the
validity of this Supplemental Indenture.
PART VI
As amended and supplemented by this Supplemental Indenture, the Amended Indenture is in all
respects ratified and confirmed, and the Original Indenture and all said indentures supplemental thereto
including this Supplemental Indenture, shall be read, taken, and considered as one instrument, and the Company
agrees to conform to and comply with all and singular the terms, provisions, covenants, and conditions set forth
therein and herein.
PART VII
In case any one or more of the provisions contained in this Supplemental Indenture should be
invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not
affect any other provisions contained in this Supplemental Indenture, and, to the extent and only to the extent
that any such provision is invalid, illegal, or unenforceable, this Supplemental Indenture shall be construed as
if such provision had never been contained herein.
PART VIII
This Supplemental Indenture may be simultaneously executed and delivered in any number of
counterparts, each of which, when so executed and delivered, shall be deemed to be an original.
IN WITNESS WHEREOF, the Company has caused its corporate name and seal to be hereunto affixed
and this Supplemental Indenture to be signed by its Chairman of the Board, its President or one of its Vice
Presidents and attested by the signature of its Secretary or one of its Assistant Secretaries, for and in its
behalf; said The Bank of New York has caused its corporate name and seal to be hereunto affixed, and this
Supplemental Indenture to be signed, by one of its Vice Presidents or Assistant Vice Presidents or Agents and
attested by the signature of one of its Assistant Secretaries or Agents, and said X. X. Xxxxxxx has hereunto
executed this Supplemental Indenture; all as of the day and year first above written. Executed in counterparts
and in multiple.
Page 6
SOUTHERN CALIFORNIA EDISON COMPANY
XXXXXX X. XXXXXX
----------------
XXXXXX X. XXXXXX
Vice President and Controller
Attest:
XXXXXX X. XXXXX
---------------
XXXXXX X. XXXXX
Assistant Secretary
(Seal)
THE BANK OF NEW YORK, Trustee
XXXXXX X. XXXXX
---------------
XXXXXX X. XXXXX
Agent
X. X. XXXXXXX
-------------
X. X. XXXXXXX
Trustee
Page 7
STATE OF CALIFORNIA }
} ss.
COUNTY OF LOS ANGELES }
On this 21st day of February, 2002, before me, MARCELDA X. XXXXXXX, a Notary Public, personally appeared
XXXXXX X. XXXXXX and XXXXXX X. XXXXX, personally known to me (or proved to me on the basis of satisfactory
evidence) to be the persons whose names are subscribed to the within instrument and acknowledged to me that they
executed the same in their authorized capacities, and that by their signatures on the instrument the persons, or
the entity on behalf of which the persons acted, executed the instrument.
WITNESS my hand and official seal.
Xxxxxxx X. Xxxxxxx
--------------------------------
Xxxxxxx X. Xxxxxxx
Notary Public, State of California
(Seal)
My Commission expires on April 13, 2005.
STATE OF ILLINOIS }
} ss.
COUNTY OF XXXX }
On this 21st day of February, 2002, before me, XXXXX XXXXX XXXXXX, a Notary Public, personally appeared
XXXXXX X. XXXXX, Agent of THE BANK OF NEW YORK, Trustee, personally known to me (or proved to me on the basis of
satisfactory evidence) to be the person whose name is subscribed to the within instrument and acknowledged to me
that he executed the same in his authorized capacity, and that by his signature on the instrument the person, or
entity on behalf of which the person acted, executed the instrument.
WITNESS my hand and official seal.
Xxxxx Xxxxx Xxxxxx
-------------------------------
Xxxxx Xxxxx Xxxxxx
Notary Public, State of Illinois
(Seal)
My Commission expires on September 23, 2002.
STATE OF ILLINOIS }
}ss.
COUNTY OF XXXX }
On this 21st day of February, 2002, before me, XXXXX XXXXX XXXXXX, a Notary Public, personally appeared
X. X. XXXXXXX, Trustee, personally known to me (or proved to me on the basis of satisfactory evidence) to be the
person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his
authorized capacity, and that by his signature on the instrument the person, or entity on behalf of which the
person acted, executed the instrument.
WITNESS my hand and official seal.
Xxxxx Xxxxx Xxxxxx
------------------
Xxxxx Xxxxx Xxxxxx
Notary Public, State of Illinois
(Seal)
My Commission expires on September 23, 2002.
