HomeMy WebLinkAbout1269 t ••~~.Y,. .~``'~MM
~.1r~.~. • Y ~'s'+~'r~ .
~ . ~ . . ' , ~ . . . • . '
~ , ; ' ' ~ . . ~ ~ .
. + ~ . . . ~ , ` + • r . . . ' . ~ . ~ •
. . 1 , . ' ,
i . ~ • . • .
. . : r ~ ~ ~ ~ - • ~ ' . - ~ .
' ~ ,
~ ' . . ~ , • ~ ~ , .
~ . ' • ' . ~ ~ • . - • • ~ '
~f • . - •
_ _ . ~
~j E
E
~y
# ;
3 ;
~ . Y
S i;
f
~ ~
~ ' <
the~retofore iesaed and ontstanding herennder, suah boads to be '
ara3ited at the pri~noipat amonnt thereoi, or, in ~vhole or in gsrt, in
~Y T~'~ b'Y ~~Y~B to the Traetee antnnded net prnperty s~,di-
~ , tion$ in ~?n amonnt e
qn~?1 to the ~
i
n~
n
g tund r
e qniremenk ITninnded
~ net praperty additiona so credited m~?y not theresfter be me~de the
~ baais ~or the issaance of bonde, the withdrawal of caah or the ta~iag -
~ oi aredit w~dsr any provision of the Indentare.
~ '~hs term "8inkiag ~nd Certi$cate for ~eri~e I bonds" ss nsed
i.n this ~tion and elsewhere in the Indentare shall mean e certiffoate
; $led by the Campany With the Trnetee pnrsuant !o this Section,
signed by the Pre~ident or a Vice President of the Company and a . '
practiaing aooountant (who ahall be appointed by the Board ot Di-
~ rector~ and be~satisfactory to the Trvatee). .
i`' f 4n or before the first dap of ~arah in a~ch ai the y~eara 1966-198.9,
? bath inclusiv~a, eo long as any bonds of ~eriee I are ontstanding
under the Indeatnre, the Company ahall deliver to the Trastee ` a
Sin~ng Faud Certi~cate for Seriea I bonds Shorving the sinki~ng
~
fnnd p~pment for that year and the maaner in which the Company
eleate to aatisfy snch sin~aing fund pupment. The Company ~hall con-,
enrrentty +~v~i#,~ the de~ivery to the Trastee of such certiS~ate, deliver ~
to the Troatea the ea~h, bon+d~ and certificatee necesgary to eati~fy
` ~nc,h ~inking fnnd paynaent in the manxier elected by the Company.
No anfaaded net property additions ahail be certi8ed to eataefy
~ny sin~ng fund gayment pnrsnant to the pravi~iong oi this Section
anless there e~h~,tl be delivered to the Traistee with such Sinking
~ P`and Certifleat~ far iSeriee I bonda the applicable certiSeatee, opin-
f ion ot counsai, instrnments and caeh, it eny, re4uirea bY P~~B~F~
(3), (4), (5), (7), (8) and (9) of Seation 2fi of the Origir~al Indentnr~
f ( aiclu$ive oi snch gr~~t~te oi the npinion of eaun~el as relates salely to
~ tbe authorise~tion oi the isgaance of bonds by governmentsl. anthori-
) iaeg and bp the ComPanY) showing thst the Company has unfande~l
~ net property aoddition~ equal to tbe amonnt eo eex~ed.
~ , Bonds at ~ries I to b~ redeemed for einking fnnd pnrpases ~hhall
be red~med in aocordanee with the pravisiona Qf A.rticle IX. oi the
Origiasl Ind~tnre.
~
~ .
_
. ~pOK l~~ .
$ . _ • _
;
2
a
~
. . .