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HomeMy WebLinkAbout2674 ~~a~,.. . . _ _ _ _ . , . _ _ ~ , : , . _._.-..,...,•,z~.vw~:~,:+ _c~i4.,,.._ ~ ~8 Interest, related to the period beginning January 1, 1967 ~to the date of snch computation nnder this ~ 3.01; and (ii) amonnts presently included in the Company's rate base shall be, pnrsusnt to order of ~the Federal Power Com- ' miasion, ezclnded from the Oompany's rate base, then dedno- _ ~tion for the amonnt of any refnnde made to customers of the L Oompany as a resnit of snch eaclnsion. shall be made only to , the eatent of refnnds (adjnsted as appropriate for the effect of related Federal and $tate income taaes) applicable to revennes aecraed by the Company dnring the period beginning Jsnuary 1, 1967 to the date of such compntation under this ~ 3.01, and no fnrther deduction shall be made from sneh Net ~ Earnings of the Company gv~ilable for Interest or, prior to Jannary 1,1970, from Total Capit~lization of Lhe Company, in respeat of anp amonnts so reqnired to be egclnded from the Company's rate base ; and (b) if the Company shall be reqnired to make refnnda to certain customers by a final order of the Federal Power C1om- mission in the pending rate proceeding in Docket No. RP66-4, ~ then dednetions for the amonnt of snch refnnds (adjnsted as appropriate for the effect of related Federal. and State inoome taxes) shall be made only to the egtent applicable to revennea aocrned by the Company dnring the period beginning Jannary - 1,1967 to the date of snch compntation under .this § 3.01. ' ~ 3.02. Obtaining of all approvals. The Company covenants and - , warrants that it has heretofore obtained all consents and approvals . reqnired to be obtained from any governmental or regnlatory body or bodies having jnrisdiction over the Companp and its properties or nnder any indentnre, agreement or other instrnment to which it is a party or by whieh it is bonnd or to which any of ita propertp map be anbject, and the carrying ont bp it of the transactions herein contem- : plated will not resnlt in any breach of or constitute any defaalt nnder ~ ~ anp snch indentnre, agreement or instrnment. ~ ARTICLE 4 t AIITHEATICATIOA AND DELiVB$Y OF ADDITIONAL BONDB ~ 4.01. Certain requirements for autheutication of ddditio~al Bonds in connection weth exparr~,ssion or consfruction programs. Not- - ~ r " ~ ~ sooK 1~' FacE~s7~ ~ ~ . ~ - --...,~_,~.r - ,t_. - _ _ r~ - - _ _ ..~;,~„~r:~ . _ - - - . . . . ,~v~~ ~ - - ~ . '.Ga: - - - - - - - - - a.