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~ eaah case at the principal i?monnt thereof together with acarued inter-
y est to the redemption date. In oase the aggregate prinaipal amount of
~ Bondg of the 1986 i5eriea anthentic~?ted and delivered nnder ~~.03 and
~ ~ 4,04 of the Indentnre ahall be leas than $25,000,000, the amonnt of
~ such di.fference shall be apread proportionately, as nearly as praatioable
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j im m~ltiples of $1,000, over all ein~i~g fnnd redemption dates and
~ (unless the schednle of ain~ng fund redemptions shall have been
~ revised pnrsnant to 4.2.09 hereof ) the date of matnrity of Bonds of
~ the I986 $eries, se s reduction of the prinaipal amonnts to be redeemed
~ on snch reapective sinking fnnd redemption dates and to be paid on
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~ 8II(!~1 ~t8 Of IDBttit'1~.
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~ (b) Opliorial sinkixg f~~ed for Bonds of the 198s Seriea. The Com-
~ pany may, at its option bnt snbject to the provieo contained in ~ 2.05
~ of this drticle on any sinking fnnd redemption date, redeem, as a
; part af the sinking fnnd, at the principal amonnt thereof together with
accrned intereat to snch date, in addition to the prinQipal amonnt of
; Bonds of the 1986 $eries otherwise redeemable on snch date for the
' ainking fnnd, an additional principal amonnt of Bonde of the 1986
' Series eqnal to the principal amonnt thereof otherwise redeemable on
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` anch date for the sinking fnnd pnranant to 4~.o8(a) of this drtick a,
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; as said prinaipal amonnt may have been revised pnrsnant to ~ a.o9
of t2ris ~ rticle .2. If the Company electe to make snch optional ainking
t fund redemption, it shall specify sncL election in the Officera' Certifi-
cate filed with the Trnstee pnranant to ~ s.o1 of the Indeantnre with ~
respect to the sinking fnnd installment as to which anch optional sin~ng ,
fnnd redemption iia to be made, atsting the principal amonnt of Bonda j
of the 1986 Series otherwise redeemable for the sinking fnnd and alao '
stating the additional principal amonnt of Bonds to be redeemed in the
~ ezercise of snch election. The election of the Company to make any ,
~ optional 8inhing fnnd redemption, as evidenced by the Officers' Certifi- `
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' cate so Sled, ahall be irrevocable. The amonnt of any optional sinking
~ fnnd redemption made as permitted by this ~.3.oe(b) shall be credited ~
: Srst againat that part of the principal amonnt of Bonds of the
' 1986 Seriea the payment of which is not provided for throngh the
ainking fnnd redemptions specified in ~ a.08(a) of this dri~cle a, and
' thereafter against the sinking fnnd redemptions provided for in eaid
~ 2.o8(a), as the achednle of sinking fnnd redemption$ apecified therein
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~ BOGK 15~ 4
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