ADMINISTRATION AGREEMENTAdministration Agreement • November 8th, 2021 • PG&E Recovery Funding LLC • Electric & other services combined • California
This ADMINISTRATION AGREEMENT, dated as of November 12, 2021 (this “Administration Agreement”), by and between Pacific Gas and Electric Company, a California corporation (“PG&E”), as administrator (in such capacity, the “Administrator”), and PG&E Recovery Funding LLC, a Delaware limited liability company (the “Issuer”). Capitalized terms used but not otherwise defined herein shall have the meanings specified in Appendix A attached to the Indenture (as defined below).
PG&E RECOVERY FUNDING LLC, Issuer, and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Indenture Trustee and Securities Intermediary INDENTURE Dated as of November 12, 2021Indenture • November 8th, 2021 • PG&E Recovery Funding LLC • Electric & other services combined • California
This INDENTURE dated as of November 12, 2021 (this “Indenture”), by and between PG&E Recovery Funding LLC, a Delaware limited liability company (the “Issuer”), and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., 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 and account bank (the “Securities Intermediary”).
RECOVERY PROPERTY PURCHASE AND SALE AGREEMENT by and between PG&E RECOVERY FUNDING LLC, as Issuer and PACIFIC GAS AND ELECTRIC COMPANY, as Seller Dated as of November 12, 2021Recovery Property Purchase and Sale Agreement • November 8th, 2021 • PG&E Recovery Funding LLC • Electric & other services combined • California
This RECOVERY PROPERTY PURCHASE AND SALE AGREEMENT, dated as of November 12, 2021 (this “Agreement”), is between PG&E Recovery Funding LLC, a Delaware limited liability company (the “Issuer”), and Pacific Gas and Electric Company, a California corporation (together with its successors in interest to the extent permitted hereunder, the “Seller” or “PG&E”).
RECOVERY PROPERTY SERVICING AGREEMENT by and between PG&E RECOVERY FUNDING LLC, Issuer and PACIFIC GAS AND ELECTRIC COMPANY, Servicer Dated as of November 12, 2021Recovery Property Servicing Agreement • November 8th, 2021 • PG&E Recovery Funding LLC • Electric & other services combined • California
This RECOVERY PROPERTY SERVICING AGREEMENT, dated as of November 12, 2021 (this “Agreement”) by and between PG&E RECOVERY FUNDING LLC, a Delaware limited liability company, as issuer (the “Issuer”), and PACIFIC GAS AND ELECTRIC COMPANY (“PG&E”), a California corporation, as servicer (the “Servicer”).
AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF PG&E RECOVERY FUNDING LLC Dated as of October 27, 2021Limited Liability Company Agreement • November 8th, 2021 • PG&E Recovery Funding LLC • Electric & other services combined • Delaware
This AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT (as amended, restated or amended and restated from time to time, this “LLC Agreement”) of PG&E RECOVERY FUNDING LLC, a Delaware limited liability company (the “Company”), dated as of October 27, 2021, is entered into by PACIFIC GAS AND ELECTRIC COMPANY, a California 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 Orlando Figueroa, as the Independent Manager.
PG&E RECOVERY FUNDING LLC PACIFIC GAS AND ELECTRIC COMPANY $860,399,000 SENIOR SECURED RECOVERY BONDS UNDERWRITING AGREEMENTUnderwriting Agreement • November 8th, 2021 • PG&E Recovery Funding LLC • Electric & other services combined • New York
SERIES SUPPLEMENTSeries Supplement • November 8th, 2021 • PG&E Recovery Funding LLC • Electric & other services combined • California
This SERIES SUPPLEMENT dated as of November 12, 2021 (this “Supplement”), by and between PG&E Recovery Funding LLC, a Delaware limited liability company (the “Issuer”), and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., 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 November 12, 2021(the “Indenture”), by and between the Issuer and the BANK, in its capacity as Indenture Trustee and in its separate capacity as a securities intermediary.
