ADMINISTRATION AGREEMENTAdministration Agreement • April 15th, 2024 • PG&E Recovery Funding LLC • Asset-backed securities • California
This ADMINISTRATION AGREEMENT, dated as of [Closing Date], 2024 (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).
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 [Closing Date], 2024Recovery Property Purchase and Sale Agreement • April 15th, 2024 • PG&E Recovery Funding LLC • Asset-backed securities • California
This RECOVERY PROPERTY PURCHASE AND SALE AGREEMENT, dated as of [Closing Date], 2024 (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”).
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 [Closing Date], 2024Indenture • April 15th, 2024 • PG&E Recovery Funding LLC • Asset-backed securities • California
This INDENTURE dated as of [Closing Date], 2024 (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”).
AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF PG&E RECOVERY FUNDING LLC Dated as of October 27, 2021Limited Liability Company Agreement • April 15th, 2024 • PG&E Recovery Funding LLC • Asset-backed securities • 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.
COLLECTION ACCOUNT INTERCREDITOR AGREEMENTCollection Account Intercreditor Agreement • April 15th, 2024 • PG&E Recovery Funding LLC • Asset-backed securities • New York
This COLLECTION ACCOUNT INTERCREDITOR AGREEMENT (as amended, modified, waived, restated or replaced from time to time, this “Agreement”), is dated as of October 5, 2020 among (i) PACIFIC GAS AND ELECTRIC COMPANY, a California corporation (the “Company”), (ii) MUFG BANK, LTD., a Japanese banking corporation, as Administrative Agent on behalf of the Credit Parties (as defined in the Receivables Financing Agreement defined below) under the Receivables Financing Agreement (as defined below) (in such capacity, together with its successors and assigns in such capacity, the “RFA Administrative Agent”); (iii) each trustee, indenture trustee, lender, administrative agent, collateral agent, purchaser or other party (excluding any Securitization SPV (as defined below)) joined hereto by execution of a joinder agreement substantially in the form attached hereto as Exhibit A (each such party, a “Joined Party” and each such joinder agreement, a “Joinder Agreement”), (iv) each Securitization SPV joine
RECOVERY PROPERTY SERVICING AGREEMENT by and between PG&E RECOVERY FUNDING LLC, Issuer and PACIFIC GAS AND ELECTRIC COMPANY, Servicer Dated as of [Closing Date], 2024Servicing Agreement • April 15th, 2024 • PG&E Recovery Funding LLC • Asset-backed securities • California
This RECOVERY PROPERTY SERVICING AGREEMENT, dated as of [Closing Date], 2024 (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”).
