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HomeMy WebLinkAbout1861 - _ . ~ -~~,.~,,.s:... _ ~ _ _ ~--~r~tz,.~~ 2~ ~ 2.08. Frovisions for reLision of sinking fund for Bonds of the 2991 Series and definition of certain ter»:s. (a) 1992 Certifica~e of dvailuble Gas Suppdy. So long as ~ny Bonds of the 1991 Series are Ontstanding, the Company shall file with the Trnstee dnring the 30-day period ending on ~tay 15, 1973, and dnring the 30-dap period ending on May 15 of each year thereafter, a 1991 Certificate of Available Gas Supply. The 1991 Certificate of Available G4as Supply filed in 1973, 197~ and each third year therez~fter shall be prepared b~ au Independent Engineer. All others may be prepared by En~ineers ~ho are not Inde- pendent Engineers ezcept that no adjnatment shall be made pnrsuant to subdizision (d) or (e) of this ~ 2.08 other than on the basis of a certificate prepared by an Independent Eng'ineer. Prior to January 15 of any year in which a 1991 Certificate of .A.vailable (~as Snpply of an Independent Engiueer is to be 81ed nnder this ~ 2.o8(a), the Company shall, in writing, advise the Trnstee of the name of the Independent Engineer whose Certificate is proposed to be filed, apecifying the capaci- tiea, if any, in which sneh Engineer has theretofore been retained by the Company or any Affiliate of the Company, and the Certificate so required to be filed shall be the Certificate of such Engineer unless the Trnstee shall, bp written notice delivered to the Companp within 30 days after the mailing of snch advice by the Company, designate two other Tndependent Engineers, in a hich event the Certificate to be filed shall be the Certificate of the Engineer selected by the Companp from the two so designated by the Trnstee. (b) ~ceelerated sinking fund provisions for ear~ier date of e~- haustion. If any 1991 Certificate of Available GFas Supply shall specify a date earlier than Diarch 1, 1993 as the date of eabanstion of avail- able gas snpply, and if the aggregate principal amount of Bonds of the 1991 Series at the time Outstandins is greater than the aggregate principal amount of Bonds of said Seriea which, at the tune of filing of such Certificate, are scheduled, as provided in ~ 2.0~'(a) hereof, to be redeemed snbsequent to the date n hen snch Certificate is filed and np to and inclnding the sinking fnnd redemption date immediatelp preceding the terminal date under such Certificate, the aggregate principal amonnt of Bonds of the 1991 Series w hich are scheduled to be so redeemed shall be increased to an amount equal to the principal amonnt of Bonds of the 2991 Series which are, at the date of Sling such Certificate, Ont- standing. The aggregate increase as so determined shall be allocated egually, as nearly as may be im m~itiples of $1,000, to the principal s o~ ~~0 ' ~~57 ~ : _ ~ ~ : _ ~ _ _ ~''"j"~,~ ~ ~"--~a--.~~ ~~sr , ~ ~ ~ _ , ~ - ~ _ _