HomeMy WebLinkAbout022680 k ~~ PA6E~~6
14
each such payment, the Company does snot have adequate working
capital. Available
For the purposes of this ~ 519, such Net Earnings
for Interest and the ainonnt of interest paid roa~tu~~ountsCan 1
puny, the amount of interest charged top ~ for depreciation,
tlic amount of the appropriations of she Company
amortization or property retirement, shall be computed for the
period from the Initial Completion Date to tie end of the Cale~idar
Quarter ending within 90 days prior to the declarationTOOf osed
proposed dividend or the authorization of the oth redeml tiou,
distribution or the dates of the proposed purchase, P
acquisition, payment or Investment, or, if such Calendar Quarter
shall have ended within 30 days prior to the date of such prolosed
uction, then to the end of the neat preceding Calendar Quarter. -
For the purpose of this § 5.19, the principal amount of Funded
Debt of the Company outstanding and the Total Capitalization of
the Company shall be determined as of the end of the Calencl:ir-
Quarter through which Net Earnings of the Company Available
for Interest are computed for the purpose of the computation pro-
' vided for in this ~ 6.19•"
~ 6:1.03. dmerid~r-eut of 4 6.81 of tAe I~edeut~xre. Subdivision (a)
of § 6.81 of the Indenture is hereby amended by stri$ing out the words
"the date which is 18 months after such delivery or the date which is
30 months after the Project Initial Completion Date, whichever is
earlier," appearing iu the fifth paragraph thereof and by substituting
for such deleted words "September 1, 1962".
4 6:1.04. d+Ke+~+n~ of 4 9.0~ of the Original iudexture. ~ 9.04 of
the Original Indenture is amended (a) by substituting the following
in place of the introductory clause of subdivision (c) thereof
`~ (c) Payment of moneys received pursuant to 4 4.o4(a) for
urithdrawal oily under ~ 9.o4(c). After the Project Initial Com-
pletion Date and subject to delivery to the Trustee of the docu-
ments epeci8ed in ~6.21(b), any moneys received by the Trustee
pursuant to 4 4.04(a) and which the Company has elected pursuant
to 4 4.o4(b) to withdraw only in accordance with 4 9.04(c), shall be
paid over by the Trustee to or upon the 'Written Order of the Com-
pany to reimburse the Company for or on account of the Cost
to the Company of Second Stage Additions actually paid by it,
-~
1
. _ '
~~ .
_. - ~~ '.
1
'i" - ~ ..
~~ a~cY .~Id'K3`S~St•~±a1 ,_~. a »11: _:6++.3iit~~.__ .~__ ._ .-