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HomeMy WebLinkAbout1151 I8 S~pplemental Indentures oxi the basis of waivers of the right to ihe authentication and delivery of bonds or otherwise, it shall be deemed that a credit has been taken under the Mortgage an the basis thereof. Any bonds issueci under the Mortgage, delivered to, deposited with or purchased or redeemed by, the Corporate Trustee pursuant ta the provisions of this Section, shall forthwith be canceled by the Cor~orate Trustee. The Company shall forthwith from time ta time on dema.nd of the Car- p~rate Trustee make further payments pursuant to the grovisions of this Section an account of accrued interest, brokerage and premium, if any! on bonds of the Seventeenth Series purchased or redeemed or then to be pur- chased or redeemed but not in excess of (AA) the aggregate cast for principal, interest, brokerage and premium, if any, on all bonds theretofore, ar then to b~e, purchased and/or redeemed pursuant to the provisions af this Section; after deducting therefrom (BB j the aggregate principal amount of all bonds theretofar~, and of all bonds the~ to be, purchased and/or redeemed pursuant to the provisions of this Section, plus the aggregate of all such further payments theretof~re made pursuant to the provisions of this Se~tion on account of accrued interest, brokerage and/or premium, i~ any. ARTICI.~ ffi. Div~dend Covenan~ SECTYON 3. 5ection 3 of the Third Supplemental Indenture, as hexe- tofore amended, is hereby further amended by inserting the words "or Sevente~nth Series" immediately before the words "remain Outstanding". BGt)K.LJ~ ~