AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF DUKE ENERGY CAROLINAS NC STORM FUNDING LLC Dated and Effective as of November 15, 2021Limited Liability Company Agreement • November 19th, 2021 • Duke Energy Carolinas NC Storm Funding LLC • Electric services • Delaware
WHEREAS, the Member has caused to be filed a Certificate of Formation with the Secretary of State of the State of Delaware to form the Company under and pursuant to the LLC Act and has entered into a Limited Liability Company Agreement of the Company, dated as of August 12, 2021 (the “Original LLC Agreement”); and
INDENTURE by and between DUKE ENERGY CAROLINAS NC STORM FUNDING LLC, Issuer and THE BANK OF NEW YORK MELLON TRUST COMPANY, NATIONAL ASSOCIATION, Indenture Trustee and Securities Intermediary Dated as of November 24, 2021Indenture • November 19th, 2021 • Duke Energy Carolinas NC Storm Funding LLC • Electric services • New York
ADMINISTRATION AGREEMENTAdministration Agreement • November 19th, 2021 • Duke Energy Carolinas NC Storm Funding LLC • Electric services • North Carolina
This ADMINISTRATION AGREEMENT, dated as of November 24, 2021, is entered into by and between Duke Energy Carolinas, LLC, a North Carolina limited liability company (“DEC”), as administrator, and Duke Energy Carolinas NC Storm Funding LLC, a Delaware limited liability company.
Duke Energy Carolinas NC Storm Funding LLC $237,210,000 SERIES A Storm Recovery Bonds UNDERWRITING AGREEMENTUnderwriting Agreement • November 19th, 2021 • Duke Energy Carolinas NC Storm Funding LLC • Electric services • New York
ContractSeries Supplement • November 19th, 2021 • Duke Energy Carolinas NC Storm Funding LLC • Electric services • New York
This SERIES SUPPLEMENT, dated as of November 24, 2021 (this “Supplement”), is by and between DUKE ENERGY CAROLINAS NC STORM FUNDING LLC, a limited liability company created under the laws of the State of Delaware (the “Issuer”), and THE BANK OF NEW YORK MELLON TRUST COMPANY, NATIONAL ASSOCIATION (“Bank”), in its capacity as indenture trustee (the “Indenture Trustee”) for the benefit of the Secured Parties under the Indenture dated as of November 24, 2021 (the “Indenture”), by and between the Issuer and THE BANK OF NEW YORK MELLON TRUST COMPANY, NATIONAL ASSOCIATION, in its capacity as Indenture Trustee and in its separate capacity as a securities intermediary.
STORM RECOVERY PROPERTY PURCHASE AND SALE AGREEMENT by and between DUKE ENERGY CAROLINAS NC STORM FUNDING LLC, Issuer and Duke Energy Carolinas, LLC, Seller Acknowledged and Accepted by THE BANK OF NEW YORK MELLON TRUST COMPANY, NATIONAL ASSOCIATION,...Purchase and Sale Agreement • November 19th, 2021 • Duke Energy Carolinas NC Storm Funding LLC • Electric services • North Carolina
This STORM RECOVERY PROPERTY PURCHASE AND SALE AGREEMENT, dated as of November 24, 2021, is by and between DUKE ENERGY CAROLINAS NC STORM FUNDING LLC, a Delaware limited liability company, and Duke Energy Carolinas, LLC (the “Seller”), a North Carolina limited liability company, and acknowledged and accepted by THE BANK OF NEW YORK MELLON TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, as indenture trustee.
STORM RECOVERY PROPERTY SERVICING AGREEMENT by and between DUKE ENERGY CAROLINAS NC STORM FUNDING LLC, Issuer and DUKE ENERGY CAROLINAS, LLC, Servicer Acknowledged and Accepted by THE BANK OF NEW YORK MELLON TRUST COMPANY, NATIONAL ASSOCIATION, as...Recovery Property Servicing Agreement • November 19th, 2021 • Duke Energy Carolinas NC Storm Funding LLC • Electric services • North Carolina
This STORM RECOVERY PROPERTY SERVICING AGREEMENT, dated as of November 24, 2021, is by and between DUKE ENERGY CAROLINAS NC STORM FUNDING LLC, a Delaware limited liability company, as Issuer, and DUKE ENERGY CAROLINAS, LLC, a North Carolina limited liability company, as servicer, and acknowledged and accepted by THE BANK OF NEW YORK MELLON TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee.
