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a ith acce~rted financial practice ) of less tlian 83/~ ~o per annum,
then tLe applicable optional redemption price dnring such period
shall be 112~o in lieu of the prices set forth abore.
As more fnlly set forth in the Indentnre and npon notice
gi~en as above provided, Bonds of the 1991 Series are also subjeet
to redemption at the option of the Company (a) at the prinaipal
amount thereof and accrued interest to the redemption date, on
~isrcli 1 and Septembcr 1 of any Seur, by the application of inoneys
theretofore received bF the Trnstee upon the taking by the eaer-
cise of a power of eminent domain af, or as proceeds of the insur-
ance on, property subject to the lien of the Indenture, and (b) at
tbe applicable optianal redemption prices set forth above and
accrued interest to the redemption date, by the application of
certain other moneys theretofore recei~ed by the Trnstee.
The Bonds of the 1991 Series are entitled to the benefits of
the sinking fnnd provided in the Indenture and are subject to
redemption on 1\iarcb 1,1974, and on euch ~isrch 1 and September 1
tliereafter to and inclnding September 1, 1990, through the opera-
tion of snch sinking fnnd at the principal amount thereof together
with accrned interest to the redemption date, upon notice given in
the manner provided in the case of redemption at the option of the
Compans. ~s provided in the Indentare, the Bonds of the ~991
Series are alsa snbject to redemption, at the option of the Com-
pany, at the principal amount thereof together veith accrued in-
terest to the redemption date on any sinking fnnd redemption date.
in a principal amonnt equal to the principal amonnt thereof other-
~rise rede~emable on such date for snch sinking fnnd, provided,
hoaever, that prior to ~iarch 1, I981 no such optional redemption
shall be carried out directly or indireetlp as a part of, or in antiei-
pation of, any refunding operatian involving the incnrring of
indebtedness bp the Companp or an a~liate of the Company at
an interest rate or cost of money to the Company or snch affiliate
(computed in accordunce with accepted finaneial praetice) of less
than 83/.~% per annum.
In the event of the selection for redemption («l~ether for the
sinking fnnd or other~vise) o£ a portion only of the principal of
this Bond, payment af the redemption price n ill be made only
(a) upon presentation of this ~3oud for notation liereon of such
' ' b~~90 ~ 18~9
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