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~ praoticing aoconntant (who e~hall be appointed by the Board of Direo- ~
~ ~ tors and be satisfaotory to the Trastee).
; . On or before the $rst day of Febrnary in each of f~~ year~a 1968-1991,
both inalnsive, so long as any bonds of i3eries 8 are ontstanding nnder ~
the Indentnre, the Gbmpaay ahall deliver to the Trnst~ee a~inl~ing
Fand CertiRoats for $eries K bon~e Bhowing the einking fnnd payment .
` for that year and the manner in whiah the Company eleats to eatisfy
' anch sin~ng fnnd payment. TLe Company shall concnrrently with ~
the delivery to tdie Z`rnstee of enaL certiflcsate, deIiver to fhe Trnstee
the oash, boncls and certificates n~cessary to satisfp snch sinking fnnd ~
p~yment in the m~nner eleated by the Company. '
No nnfnnded net property additiona shall be certi8ed to satis£y any
: ' sinking fnnd payment pnrsuant to the pmviaionB of this Bection unles~
there shall be delivered to the Traetee with snch 8inking Fant~ Certifi
cate for ~eries g bonds the applicable eerta8catea, opinion of oonnael, ~
instrn.ments and cash, if anY~ reclnu'ed bY ParagraPhs ~3)~ ~4), (5), . !
(7), (8) and (9) of Seation 26 of the Original Indentnre (ezalusive of ~
~ snch parte of the opinion of con~sel as relates eoleTy to the anthoriza- ~
tion of the isanance of bonds by gavernmental authoritiea and by the ~
_ Company) ahowing that the Company has nnfgnded net properLy 1
additions eqnal to the amonnt eo certified. ~
` Bonds of Series S to be redeemed for sinking fnnd pnrpoaee :shall ~
be redeemed in accordance wi~h the pmvisions of ~rrticle I% ~of the i
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{ Original Indenture. . . ~
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; Anp siaking fund cash remaining with the Trastee sfter any anch ;
redemption (anch cash being hQrein called ~~eacess cash") s2iall co~ '
tinne to be held in trast by the Trnatee. IIntil there shall have been
` the fnrther deposit of sinking fnnd caeh with the Trastee, snch ezcess
; cash may be nsed by the Trasf,ee to pnrchase in t~?e open market at
~ the direction of the Company bonds of Series R et a price n~ot greater
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+ than the principal amount thereof and accrned interest at the date
of pnrchaae. Any anch ezcess cash remaining on deposit with the
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