HomeMy WebLinkAbout2666 8
Subject to Section 79 of the I~denture, and eacept as to
the ~vai~ er of past defaults and their consequences, auiendments
and modificutions of the Indenture map be entered into by the
Compan3~ ~nd the Trustees as follo«s : any amendment or change
affectiiig the Uonds of Series O differently from the bonds of
Any other series may be effected ~vith tlie consent (in ~critiug or
at a nieeting called for the purpose) of holders of sixty-six and
t«~o-tl~irds per cent (66~ fo ) iu principal aniowit of the Uonds of
Series O then outstanding and Anp other aniendxnent or change
may be effected «ith the consent _ of the holders of sigty-six and
t~co-thirds per cent (66~ Jo) in principal amount of the bouds of -
ull series then outstanding; provided, ho~vever, that no such amend- X
ment or modification shall eztend the fi~ed maturity of the bonds =
of Series O, or reduce the rate or eztend the date of payment of
interest thereon, or reduce the principal anuount or redemption
prices thereof, or pernut the creation of sny lien on the assets or -
propert~ of the Compans prior to the lien of the Indentnre, Rrithout
the written consent of the holder of each bond of Series O affected
by such action. .
Snbject to a prohibition, coutuined in the Indentnre, against
redemption far refunding prior_ to December 1, 1977 at an annual =
t
interest cost to the Company of less than 71/2 Jo, bonds of this
series are redeemable, in ~vhole or in part, at the option of the -
Compan~ at any tiuie at the applicable percentages of the principal
~mount thereof set. forth below, plns interest accrued to date of
redemption :
If redeenied on or before December 1,1973. 108.38 Jo '
Ti~ereafter and on or before December 1,1974. 108.4J Jo
~ Thereafter and on or before DecemUer 1, 1975. 107.80 Ja
Thereafter and on or Uefore DecemUer 1, 1976. 107.51 Jo "
~ Thereafter aiid on or before December 1,19i7. 107.22 Jo
Tliereafter and on or before December 1,19i8. 106.94%
Tl~ereafter and on or before Deceniber 1, 1979. 106.65%
Tlzereafter und on or before December 1, 1980. 106.36 Jo ~
Thereafter and on or before December 1, 1981. 106.07 Jo -
Thereafter and on or before December 1, 1~82. 105.78 fo
Thereafter and on or Uefore December 1, 1983. 105.49 Jo -
. . o R 2fl~ ~2665
SOL!(
~
~
~ ~ s =
~ r- ~ n~ X ~ `r -,•~~°`,~'4?~ K. ~ :
_ . :3~» ~P - ._,.~~i._":~r . . . -