AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF DUKE ENERGY PROGRESS SC STORM FUNDING LLC Dated and Effective as of [ ], 2024Limited Liability Company Agreement • March 8th, 2024 • Duke Energy Progress SC 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 January 12, 2024 (the “Original LLC Agreement”); and
INDENTURE by and among DUKE ENERGY PROGRESS SC STORM FUNDING LLC, Issuer and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, Indenture Trustee and U.S. BANK NATIONAL ASSOCIATION, Securities Intermediary and Account Bank Dated as of [ ], 2024Indenture • March 8th, 2024 • Duke Energy Progress SC Storm Funding LLC • Electric services • New York
This INDENTURE, dated as of [ ], 2024, is by and among DUKE ENERGY PROGRESS SC STORM FUNDING LLC, a Delaware limited liability company, and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, in its capacity as trustee for the benefit of the Secured Parties and U.S. BANK NATIONAL ASSOCIATION in its capacity as a securities intermediary and account bank.
ADMINISTRATION AGREEMENTAdministration Agreement • March 8th, 2024 • Duke Energy Progress SC Storm Funding LLC • Electric services • South Carolina
This ADMINISTRATION AGREEMENT, dated as of [ ], 2024, is entered into by and between Duke Energy Progress, LLC, a North Carolina limited liability company (“DEP”), as administrator (the “Administrator”), and Duke Energy Progress SC Storm Funding LLC, a Delaware limited liability company (the “Issuer”).
STORM RECOVERY PROPERTY SERVICING AGREEMENT by and between DUKE ENERGY PROGRESS SC STORM FUNDING LLC, Issuer and DUKE ENERGY PROGRESS, LLC, Servicer Acknowledged and Accepted by U.S. Bank Trust Company, National Association, as Indenture Trustee Dated...Storm Recovery Property Servicing Agreement • March 8th, 2024 • Duke Energy Progress SC Storm Funding LLC • Electric services • South Carolina
This STORM RECOVERY PROPERTY SERVICING AGREEMENT, dated as of [ ], 2024, is by and between DUKE ENERGY PROGRESS SC STORM FUNDING LLC, a Delaware limited liability company, as Issuer, and DUKE ENERGY PROGRESS, LLC, a North Carolina limited liability company, as Servicer, and acknowledged and accepted by U.S. Bank Trust Company, National Association, a national banking association, as Indenture Trustee.
STORM RECOVERY PROPERTY PURCHASE AND SALE AGREEMENT by and between DUKE ENERGY PROGRESS SC STORM FUNDING LLC, Issuer and Duke Energy Progress, LLC, Seller Acknowledged and Accepted by U.S. Bank Trust Company, National Association, as Indenture Trustee...Storm Recovery Property Purchase and Sale Agreement • March 8th, 2024 • Duke Energy Progress SC Storm Funding LLC • Electric services • South Carolina
This STORM RECOVERY PROPERTY PURCHASE AND SALE AGREEMENT, dated as of [ ], 2024, is by and between Duke Energy Progress SC Storm Funding LLC, a Delaware limited liability company, and Duke Energy Progress, LLC (the “Seller”), a North Carolina limited liability company, and acknowledged and accepted by U.S. Bank Trust Company, National Association, a national banking association, as indenture trustee.
