INDENTURE by and among DTE ELECTRIC SECURITIZATION FUNDING II LLC, Issuer, U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, Indenture Trustee and U.S. BANK NATIONAL ASSOCIATION, Securities Intermediary and Account Bank Dated as of November 1, 2023Indenture • October 20th, 2023 • DTE Electric Securitization Funding II LLC • Electric services • Michigan
This INDENTURE, dated as of November 1, 2023, is by and among DTE Electric Securitization Funding II LLC, a Delaware limited liability company (the “Issuer”), U.S. Bank Trust Company, National Association, in its capacity as indenture trustee (in such capacity, the “Indenture Trustee”) for the benefit of the Secured Parties, and U.S. Bank National Association, in its capacities as a securities intermediary (in such capacity, the “Securities Intermediary”) and as an account bank (in such capacity, the “Account Bank”).
AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF DTE ELECTRIC SECURITIZATION FUNDING II LLC Dated as of October 17, 2023Limited Liability Company Agreement • October 20th, 2023 • DTE Electric Securitization Funding II 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 II LLC, a Delaware limited liability company (the “Company”), dated as of October 17, 2023, 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 any Special Members, the “Member”), and by Michelle A. Dreyer, as the Independent Manager.
ADMINISTRATION AGREEMENTAdministration Agreement • October 20th, 2023 • DTE Electric Securitization Funding II LLC • Electric services • Michigan
ADMINISTRATION AGREEMENT, dated as of November 1, 2023 (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 II LLC, a Delaware limited liability company (the “Issuer”).
SECURITIZATION PROPERTY PURCHASE AND SALE AGREEMENT by and between DTE ELECTRIC SECURITIZATION FUNDING II LLC, Issuer and DTE ELECTRIC COMPANY, Seller Acknowledged and Accepted by Dated as of November 1, 2023Securitization Property Purchase and Sale Agreement • October 20th, 2023 • DTE Electric Securitization Funding II LLC • Electric services • Michigan
This SECURITIZATION PROPERTY PURCHASE AND SALE AGREEMENT, dated as of November 1, 2023 (this “Sale Agreement”), is by and between DTE ELECTRIC SECURITIZATION FUNDING II 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”), and acknowledged and accepted by U.S. Bank Trust Company, National Association, as Indenture Trustee.
SECURITIZATION PROPERTY SERVICING AGREEMENT by and between DTE ELECTRIC SECURITIZATION FUNDING II LLC, Issuer and DTE ELECTRIC COMPANY, Servicer Acknowledged and Accepted by U.S. Bank Trust Company, National Association as Indenture Trustee Dated as...Securitization Property Servicing Agreement • October 20th, 2023 • DTE Electric Securitization Funding II LLC • Electric services • Michigan
This SECURITIZATION PROPERTY SERVICING AGREEMENT, dated as of November 1, 2023 (this “Servicing Agreement”), is by and between DTE ELECTRIC SECURITIZATION FUNDING II LLC, a Delaware limited liability company, as issuer (the “Issuer”), and DTE ELECTRIC COMPANY, a Michigan corporation, as servicer (the “Servicer”) and acknowledged and accepted by U.S. Bank Trust Company, National Association, as Indenture Trustee.
DTE ELECTRIC SECURITIZATION FUNDING II LLC DTE ELECTRIC COMPANY $601,600,000 SENIOR SECURED SECURITIZATION BONDS, SERIES 2023A UNDERWRITING AGREEMENTUnderwriting Agreement • October 20th, 2023 • DTE Electric Securitization Funding II LLC • Electric services • New York
INTERCREDITOR AGREEMENTIntercreditor Agreement • October 20th, 2023 • DTE Electric Securitization Funding II LLC • Electric services • New York
ContractSeries Supplement • October 20th, 2023 • DTE Electric Securitization Funding II LLC • Electric services • Michigan
This SERIES SUPPLEMENT, dated as of November 1, 2023 (this “Supplement”), by and between DTE Electric Securitization Funding II LLC, a limited liability company created under the laws of the State of Delaware (the “Issuer”), and U.S. Bank Trust Company, National Association (the “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 November 1, 2023, by and among the Issuer, the Bank, in its capacity as Indenture Trustee, and U.S. Bank National Association, in its capacities as a securities intermediary and an account bank (the “Indenture”).
