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HomeMy WebLinkAbout2149 14 Thereafter and on or before December 1, 1987 ............................0.90~ T~ereafter and on or before I~Cember 1, 1998 ............................0.90~ Thereafter and on or before December 1, 1999 .................:..........0.3056 Thereafter and prior to mahirlty, without premium; all on the conditions and in the manner provided in tLe Indenture. - Provided, however, tLat prior to December 1, 19~0 the Company shall - not be permitted tio redeem any bo~d pursuant to tLis Sectio~ if bvch redemption is made ia connection with a~ is a result of any trana~etio~ which thes+etofore has be~, or is then bdng, or is thereafter b~ be, made in- - ~ volvin~ direcdy or indirectly, the issuance of secur~ties ar tbe incurre~roe of - indebtedne~ ~ for bornnwed money at a c~st to the CampanY ( calculabed in aooordanoe with acoepted finandal Prn4ciples) o~ less tban the annual - infierest rafie borne by tbe Series N bonds. AnytLing contained in Article IX a~ the Indeniure to the oontrary notwithstanding, in case the ComP~'nY sba11 elect to redeem Series N bonds, it shall, at least 15 days before tlie dat~e upo~n wLic,~ the notice of redemption herein pro~vlded fo~r is fio be givea, notify tLe Trnstee in writing of such election and of the aggregate ~ principal amount of such bonds to be redeemed, and d~ereupo~, if less ; - than all of the autstanding Series N bonds are ~ be red~on~, the par- ~ tic~ular bonds to be redeemed in wbole o~ in part sLaIl be desigpated or ~ selectea tiy lot by the Trnstee in acoordanoe with the foIbwing pmvisio~na: (i} if aIl the then outstanding bonds are registered in the names of not to ezcced 10 holders, the agg~regate principat amount of bonds to be redeemed_ shall be apportianed by the Tmstee pro rata, as nearly as practicable, in amounts of ~1,000 or any integral multiple thereof, among the holders of such bands, in the pmportian that the aggregate principal amount. of such bonds held by each such re ~'stered holder bears to the aggregate principal amount of - bonds t~ien outstanding; ' (ii) if aU the tLen ~tstanding bonds are registered fn the names . of ~ more than 10 holders, but any of such fionds are registered in the name of any of the initial holders in whose names bonds " were first registered, the aggregate principal amount of bonds to be redeemed shall be apportianed by the Trustce pi+o rata, ~ . f~E~..L~ _ - • t - , ~ _ : Q. " ~ ~ ~-s . ~.ew i . . . _ .s..t^ , . .