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HomeMy WebLinkAbout2713 1 .m..,a........------~---~,..~~..~.....~- .~sr~awoe+rab~yan° - - - _ ~ practicing acxonntant ( who shall be Rppointed by the Board of Direc- tors and be satisfactory to the Trnstee). On or before the first day of October in each of the years 19T0-1999, , both inclnsive, so long as any bonds of Seriea L are ontstanding ~ nnder the Indentnre, the Company ahall deliver to the Trastee a Sink ing Fnnd Certificate for Series L bonds showing the sinl~ng fund pap- ment for that pear and the manner in which the Compa.ny elects to satisfp snch ei.nking fnnd payment. The Company sLall concnrrently with the delivery to the Trustee of snch certificate, deliver to the Truatee the cash, bonds and certif'icates necessary to satisfy snch _ si.nking fnnd payment in the manner elected by the Company. Bonde of Seriea L to be redeemed for sinking fnnd pnrposea shall be redeemed in accordance with the provisions of Artiale I% of the - OriginalIndentnre. Any sinking fund cash remaining with the Trnatee after any Snch redemption (snch cash being herein called "egcess cash") shall con- . tinne to be held in trnst hy the Trnstee. IIntil there shall hsve been the further deposit of sinking fnnd cash with the Trnstee, anch eaeess cash may be nsed by the Trustee ta- pnrchase in the open market at the direction of tha Company bonds of Series L at a price not greater than the grincipal amonnt thereof and acc::rned intereat at the date of pnrchase. Any anch egcess cash remaining on deposit with the Trnstee at the ti.me of a subseqnent deposit of sin~ng fund cash with the Trastee shall be ezhansted insofar as passible for the redemption of Beries L bonds pnranant to this $ection. Series ~ L bonds delivered to the Trustee puranant to this Section, or pnrchased or redeemed pnrsnant to the provisions set forth in tlus ~ Sectioa, shall be caneelled and shall not be made the baeia for the with- drawal, nse or application of cash or the release of property under anp of tLe provisions of the Indentnre, or nsed to satisfy any othei sinking fnnd reqnirement vr the requirements of Section 40 ot the Original Indentnre or of this Section. S$a~ox 4. 8eries L bonda redeemed pursnant to i5ection 62 of the Orig'mal Indenture with money s paid to or deposited with the Truat~ee pnrsnant to Section 60 thereof ahall be redeemed at their principal amonnt plus intereat accrued to the date of redemption, plns the then applicable preminm epecified in Section 2 hereof ; bonds of anc1~ aeries redeemecl pursuant to Section 62 or 63 of the Orig'inal Indentnre with inoneys paid to or deposited ~vitli tlie Truatee ~pursuant to said ~~etion E E r ~ { ~ 1{ S ' ° R ~ $0 ~2'7~d _ " ~ b40K ~ ~ F ~ 4 ~ ~ . . . . ~~.v-.~... ...:i _-'~i~i: ~ ~ _ " ,~+``~r'?''! ~.`SYi _ ,~~~.,+-i~"""~_~ K........._ __.:,:Y+.; r.