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HomeMy WebLinkAbout2622 9 - sale of bonds (inclnding any of the Bonds), debentures, stock or other secnritiea, to the inorease of the ciapacity of the Pipe Line Spstem of Honstan beyond the Oparating Capacity of 446,485 11dCF or of the capacity of the Pipe Line $yatem of Coastal beyond the Operating Capacity of 448,80Q 11LCF of natural gas per day contemplated by the 85,Q00 MCF 8eport (as deSned in the Thir- teenth Snpplemental Indentnre hereto) unless (a) tLere shall have ~ been fnrnished to the Trnstee and to all holders of Registered Bonda of the 1979 Series, Regiatered Bonds of the 1982 Series - and $egiatered Bonda of tLe I986 $eriea" ~ and by insertiag in lien thereof the following: ' "So long as any Bonds of the 1979 Series, any Bonds of the 1982 8eries or anp Bonds of the 1986 Seriea are Ontstanding, the Com- pany will not borrow any fnnit~ to be spplied or apply any borrowed fnnds or any funds obtained from the isaue or sale of bonds (ez- clnding any of the Bonds), debentnres, stock or other secnrities, to the increase of the capacity of the Pipe Line $ystem of Houston beyond the Operating Capacity of 638,719 ~LCF or of the capacity of the Pipe L'u~e System of Coastal beyond the Operating Capacity of 646,499 biCF of natural gas per day contemplated by the 192,000 MCF Report (as deSned in tLe Fifteei~th Supplemental Indenture hereto) unless (a) there shall have been fnrnished to the Trnstee and to all holders of 8egistered Bonda of the 1979 Series, Begistered Bonds of the 1982 Series and 8egistered Bond~ of the 1986 Series " 41.08. dmendment of ~ 516 of the I~denture. 4 5.16 of the Iuden- ture is hereby amended by adding to the proviso which appeara at the end thereof the following: ezcept with the written conaent, filed with the Trnstee, of the holder8 of not less than 66~9'o in principal amonnt of the Bonds of the 1979 Beriea, 66~9'o in principal amonnt of the Bonds of the ~ 1982 Series and 66~q'o in principal amount of the Bonds of the , 1986 8eriea then Ontsf,andi.ng ~ ~ 1.09. dme„dme~t of ~ 519 of the Ixdenture, g 5.19 of the Inden- tnre ia hereby amended, at tLe beginning thereof, by chang?ing ~~The" • to "Sa long ae any Bonds of the 1979 Series, any Bonds of the 1982 ~eries or any Bonds of the 1986 Series are Ontstanding, ezcept With the written consent, ffied with the Trastee, o! the holders oi not lesa ~ - - ~8~t~ ! ~l~~ _ . . . ~ ,~ti . _ ~ ~~5~ ~ '2F