SCE definition
Examples of SCE in a sentence
No such resignation shall become effective until a successor Servicer shall have assumed the responsibilities and obligations of SCE in accordance with Section 7.02.
Servicing Fee (SCE as Servicer) ($ per annum) $ $ Administration Fee Accounting Fees and Expenses Legal Fees and Expenses Rating Agency Surveillance Fees Trustee Fees and Expenses Independent Director Fees Printing / EDGARizing Expenses Return on Equity Miscellaneous Fees and Expenses Deposit to the Capital Subaccount (if any) Ongoing Servicers Fee (Third Party as Servicer) Table 2 shows assumptions for each of the variables used in calculating the Fixed Recovery Charges for the payment period.
Subject to the provisions of Section 6.03, SCE shall not resign from the obligations and duties hereby imposed on it as Servicer under this Agreement except upon either (a) a determination by SCE that the performance of its duties under this Agreement shall no longer be permissible under applicable law or (b) satisfaction of the following: (i) the Rating Agency Condition shall have been satisfied and (ii) the CPUC shall have approved such resignation.
Recovery Bonds are securities that are backed by the cash flows generated by a specific asset that will be sold by SCE to a Special Purpose Entity that issued the Recovery Bonds secured by this asset.
Non-Routine True-up Mechanism Advice Letter filings are those where SCE uses the method found reasonable by the CPUC in D.