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ST. Ll1C1E COt1MTT. FLA.
Sec. 1.42
Sec. 1.42 "Secnritiea" in^lsde any negotiable obligation of any Per-
son, or any written evidence of interest in any Corporation.
Sec. 1.43 "Semi-annual Accounting Period" means the six months'
period ending on each June 30th and each December 31st during the term
of this Indenture. _
Sec. 1.44 "Sinking Fund" means any fund established under the pro-
visions hereof, or of any Supplemental Indenture hereto, for the retirement
of Bonds.
Sec. 1.45 "Successor" or "Successor Corporation" to The Company
means any Person which hereafter shall be vested with title or ownership
of the greater part of its Property; and as to a Trusiee, any Person"ap-
pointed pursuant to Article Eight hereof to succeed to the title, right,
powers, duties and obligations of the TYustee.
Sec. 1.46 "Trustee" means the Party or Parties of the Second Part
and their respective Successors, all as provided in Article Eight hereof.
Sec. 1.4? Whenever a "Certifle~te," "Order," "l~mand" "Renu~t,"
"other instrument" or "Resolution" of The Company is required to be de-
livered to the Trustee preliminary to any action authorized to be taken by
Trustee upon same, it shall be in writing and shall be signed, attested or
certified by the Chairman of the Board, Chairman of the Executive Com-
mittee. President or any Vice President and by the Secretary or an Assist-
ant Secretary under its corporate seal, setting forth that the action de-
scribed therein was duly done, taken or adopted.
Sec. 1.48 The Certificate or Opinion of any Person, counsel account-
ant, engineer or expert, whether or not an officer or employee of The Com-
pany given under or pursuant to any provision of this Indenture, shall
state:
(1) That the Person making such Certificate or Opinion has
read the provisions hereof under or pursuant to which said certificate
or opinion is made or given ;
(2) A brief description of the nature and scope of the examina-
tion or inye4tigat.ion »nn_n which the ctatPtnPntg ~r n_ni_ninna therein
are lased; and
(3) If said Certificate or Opinion contains the opinion of such
Pei°aon, that certain conditions or covenants contained in this Inden-
ture have been complied with, a statement that such Person has made
such examination or investigation as he considered necessary to enable
him to express an informed opinion thereon.
Sec. 1.49 "Unearned Interest" means the amount of interest accrued
on Series "A" Bonds which has not been paid by reason of the insuffi-
ciency of Available Net Income, accumulated up to a maxium of 16~/2~~~ of
the principal amount of Series "A" Bonds at the time Outstanding.
Sec. 1.50 "Unpaid Earned Interest" means
accrued on Series "A" Bonds, for the payment
Income was adequate, but payment of which has
to the terms of such Bonds.
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the amount of interest
of which Available Net
been deferred, pursuant
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