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pany on its books, on a straighL-line basis, with respect to the
property additions incladed in the faailities to be constrneted
or acqnired in such eapansion or conatraction program dnring
the first 12 Calendar MontLs after the completion of sncb pra
gram, as shown pursuant to paragraph (5) of subdivision (a)
of tLis ~ 4.oZ, in snch Officers' CertiScate.
For the pnrposes of this ~ 4.01, the amount of the "pro forma net
earninga of the Company available for interest" for any particnlar
period shall be the amount of Net Earnings of the Companp Available
for Interest for snch period as defined in ~rticle 1 of the Indentnre, plus
the sum of the amounts determined pursuant to clauses (i) and (ii) of
the preceding paragraph for such period.
If, lesa than 16 months folloa-ing the completion of an ezpanaion
or constrnetion program (herein called the "prior program") that has
been made the basis for the anthentication of Additional Bonds, appli-
cation is made for the anthentication of Additional Bonds on tLe basis
of an eapansion or constrnetion program (herein called the "snb-
seqnent program") not previonsly made the basis for the anthentica-
tion of Additional Bonds, in each ~ase pnranant to this ~ 4.01, with the
resnlt that the earnings attribntable to the facilities constrncted under
the prior program shall not be reHected for the wbole of the period
of 12 consecntive C`alendar Months specified pnrsnant to subdivi.sion
(a) of this ~ 4.01 in the O~cers' Certificate aocompanying the applica-
tion for authentication of Additional Bonds on the basis of the snbse-
qnent program, then appropriate adjnstment shall be made in the com-
pntationa in snch Officers' Certificate pnrsnant to the two preceding
paragraphs of tbis ~ 4.01 to include the earnings attribntable to the
facilities constrncted nnder the prior program, as nearly as may be ~
practicable, as if anch facilities had been in service dnring the entire
period of 12 conseantive Calendar Months so specified.
~ 4.02. Other requirements f
or authen~ication o f ddditional Bonds.
So long as any Bonds of the 1990 Series shall be ontstanding, the pro-
visions of 4 4.os of the Indentnre shall be applicable to any application
for the anthentication of Additional Bonds pnrsnant to ~ 4.03, ~ 4.04
or ~ 4.05 of the Indentnre ezcept as otherwise provided in ~ 4.OZ of this
drticle 4 and eacept that the nnmber "31/2" shall be snbstitnted for
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