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EXECUTION COPY - Edison International

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Notes shall have already become due and payable, either the Trustee or the Holders of not lessthan 25% in aggregate principal amount of the Notes then Outstanding hereunder, by notice inwriting to the Company (and to the Trustee if given by Noteholders), may declare the entireprincipal amount of all the Notes and the interest accrued thereon to be due and payableimmediately, and upon any such declaration the same shall become immediately due and payable.This provision, however, is subject to the condition that if, at any time after the principal of theNotes shall have been so declared due and payable, and before any judgment or decree for thepayment of the moneys due shall have been obtained or entered as hereinafter provided, theCompany shall pay or shall deposit with the Trustee a sum sufficient to pay all maturedinstallments of interest upon all the Notes and the principal and premium, if any, of any and allNotes that shall have become due otherwise than by acceleration (with interest upon suchprincipal and premium, if any, and, to the extent that payment of such interest is enforceableunder applicable law, on overdue installments of interest, at the rate of interest specified in theNotes, to the date of such payment or deposit) and such amount as shall be sufficient to coverreasonable compensation to the Trustee and each predecessor Trustee, their respective agents,attorneys and counsel, and all other reasonable expenses and liabilities incurred and allreasonable advances made by the Trustee and each predecessor Trustee except as a result ofgross negligence or bad faith, and if any and all Events of Default under this Indenture, otherthan the non-payment of the principal that shall have become due by acceleration, shall havebeen cured, waived or otherwise remedied as provided herein, then and in every such case theHolders of a majority in aggregate principal amount of the Notes then Outstanding, by writtennotice to the Company and to the Trustee, may waive all defaults (except, unless theretoforecured, a default in payment of principal of, or premium, if any, or interest on, the Notes) andrescind and annul such declaration and its consequences, but no such waiver or rescission andannulment shall extend to or shall affect any subsequent default or shall impair any rightconsequent thereon.If an Event of Default specified in Section 4.1(f) or 4.1(g) hereof occurs with respect tothe Company, the principal of and accrued interest on the Notes shall become and beimmediately due and payable without any declaration or other act on the part of the Trustee orany Noteholder.Section 4.2Collection of Indebtedness by Trustee; Trustee May Prove Debt.The Company covenants that (a) in case default shall be made in the payment of anyinstallment of interest on any of the Notes when such interest shall have become due and payable,and such default shall have continued for a period of 30 days or (b) in case default shall be madein the payment of all or any part of the principal of, or premium, if any, on, any of the Noteswhen the same shall have become due and payable, whether upon maturity or upon anyredemption or by declaration or acceleration or otherwise, then upon demand of the Trustee, theCompany shall pay to the Trustee for the benefit of the Holders of the Notes the whole amountthat then shall have become due and payable on all such Notes of principal, premium and interest,as the case may be (with interest to the date of such payment upon the overdue principal orpremium and, to the extent that payment of such interest is enforceable under applicable law, onoverdue installments of interest at the rate of interest specified in the Notes), and in additionthereto, such further amount as shall be sufficient to cover the costs and expenses of collection,including reasonable compensation to the Trustee and each predecessor Trustee, their respective33

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