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'~T• t ;JC~E C~UNTT, FLA.
13
ing therefrom any portion thereof included in (ii) of this
clause (D), and
(ii) the aggregate of such payment and all prior pay-
ments made pursuant to this clause (D)
shall not exceed the algebraic sum of
(iii) the Net Earnings of the Company Available for.
Interest, after deductions and additions made as provided
above in this subdivision (b), and
(iv) $7,100,000,
provided, that, as of the date of such payment, the aggregate
of all payments made on and prior to such date pursuant to
clause (C) and clause (D) of this subdivision (b) may not
ezceed the total of (z) the amount of item (iii) above and
(y) $3,500,000 and (z), but only during the period subsequent
to December 14, 1960 and prior to January 1, 196?, the
lesser of $:3,500,000 and such amount, but not leas than
$3,000,000, as, K•hen added to the aggregate amount of the
credit then or theretofore used by the Other Company pur-
susut to the item in clause (D) of the Other Indenture which
corresponds to tl-is item (z) shall total $4,000,000; and
(E) the Company may, ~~•ithin six months after July 1,
19G0, but only to the extent of moneys received by the Con--
pauy from b'lorida Poser & Light Company •as payments of
1rincipal and interest on $1,400,000 aggregate principal
ai-~ount of indebtedness owing to the Company pursuant to
paragraph (-t:'.) of the Transportation Agreement between the
Co~ul-any and Florida Power & Light Company, dated .Ia~iu-
ary 1.1, 1957, as supplemented, in connection with the installa-
tion by the Company of certain conversion equipment in
certain of the po«•er plants of said Florida Power & Light
Company, and only if, immediately after giving effect to each
such payment, the Company lies adequate working capital,
pay interest on and principal of its promissory notes, dated
March 30, 19:19, April 29, 1959, July 7, 19:19 and August 11,
1959, in the aggregate principal amount of $1,400,000, con-
stituting Subordinated Indebtedness, and exclude such pay-
ments from the aggregate amount (of items (i), (ii), (iii)
and (iv)) referred to above in this subdivision (b).
Tl~e Company «ill not make any payment otherwise permitted by
the provisions of this ~ 5.19 if, immediately after giving effect to