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HomeMy WebLinkAbout2714 ~ 63 sLall be redeemed at their principal amount plus interest accrned to t]ie date of rede~uption, without premium ; and bonds of such series re- deemed pursuant to Section 62 of the Original Indentnre with moneys paid to or deposited «~ith the Trustee pursnant to Section 39 thereof and bonds o~ sucL series redeemed pursuant to said Section 62 with moneys paid to or deposited ~vith the Trnstee pursnant to Section 40 ' ; of the ~riginaI Indentnre shull be redPemed at their principal amoiznt plns interest accrued to the date of redemption, ~vithout premaum. Sgcriox 5. Anything contained in Artiele I% of the Indenture to the contrary notwithstanding. So long ae all ontstandi.ng Seriea L ' bonds remain registered in the names of the initial holders in whose names bonds of anch series were firat registered the sinking fnnd pay- ment shall be made entirely in cash. If none or lesa than all of the ~ ontstanding bonds of Series L are reg?istered in the names of the initial ~ holders in whose names bonds of snch series were first regiatered, the following provisions shall be applicable : _ ~ (i) If none of the then ontatanding bonds of Series L are reg istered in the names of the initial holders in whose names bonds ; of such seriea were first registered, the Company may, in lien of i I depositing cash as provided in Section 3 hereof, snrrender bonds ~ o# snch series acqnired by the Company and receive credit against the cash ainlring fand payment to the e$tent of the principal amonnt of bonds anrrendered; and ~ I (u) If one or more bnt less than all of the then ontstanding bonda of Seriea L are registered in the name of any of the initi~ holders in whose names bonda of snch series were first registered, - the aggregate prineipal amount of the bonda of snch series to be ~ redeemed shall be apportioned in the manner prnvided in clanse ~ ~ (ii) af Section 2 hereof and redemption shall be made in accord- , ance with the provisians of said clanse (u) egcept that the Com- pany may, in lien of depositing cash for the redemption of bonds ; not held by anp such initial Lolder, snrrender bonds of Seriea L ~ acqnired by the Company and receive credit against the sintdng ~ fnnd payment to the eztent of the principal amonnt of bonds , anrrendered, no~ euceeding, however, the amonnt of cash which would otherwise be applied to the redemption of bonds of Series L not registered in the nume ~?f :u~y initiul holder of bonds of said series, and th~ amount whieh wonld otherwise be applied to the . ~I ( ~ ~ ~ i ~ ~ s00X ~~O FJICE~~~~ ~ , ; _ . _.._.:._.~_:..~~;ti - : - r. _ . . _ - .,z > . . .~.--,F~~~:~.~..~. . `''n~~s%°fl"~ s ~~'~r``~ _ - . . . . ~ ~i~ - .