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sncsh officer or o~cers of the Company before the Series Q bonds so
signed or sealed ahall have been anthenticated or delivered by the
Trastee or iaaned by the Company, sneh Seriea Q bonds may, never-
theless, be anthenticated, delivered and issned and, npon snah anthenti-
~ cation, delivery and issne, shall be as binding npon the Company sa
though those who signed and ~ealed the same ~ad csontinned ~o be sncxh ~
~ . offic:ers of the Company, and also any Beries Q bonda map be aigned
and sealed on behalf of the Company by snc:h persons as at the actual
date of the e~zeention of ench Series Q bonda aLaU be the proper officers
of the Company althongh at the nominal date of snch $eries Q bonda
any snch person ahall not have been anch offieer of the Company
Only such of the Series Q bonds as aLall bear tLereon a certificate
- of anthentication in the form hereinbefore recited, ezecnted: b~ the
Trnatee, shall be or become valid or obligatory for any pnrpose or en-
~ titled to the benefit~ of the Indentnre, and snch certificatE of the Trnstee
~ shall be c:onclasive evidence that the Series Q bonds so anthenticated
have been dnly anthenticated and delivered. ~
S~ox 2. At the option of the Company and npon notice given
as provided in ~rticle I% of the Original Indenture, the bonda of
Seriea Q shall be redeemsble, in whole or in part, at any time, at the
applicable percentages of the prinoipal amonnt thereof $pecified in the -
form of Seriea Q Bond inalnded herein, plns interest acx~raed thereon
~ to the date Sged for snch redemption, and thereafter and prior to
matnrity, withont preminm, all on the conditions and in the manner
provided in the Indentnre.
Provided, however, that prior to November 15, 198~ bonds of
. Series Q may not be redeemed (otherwise than throngh the sinking
fnnd) aa part of, or in anticipation of, any refnnding operation involv-
ing the incnrring of any indebtedness having an interest cost (calcnlated
in aecordance with g^enerally accepted flnancial pr8atice) of leaa than
10 Jo per annum. Anything contained in ~rticle I% of the Indentare
to the contrary notwit~standing, in the case the Company shall eleat
to redeem Seriea Q bonds, it shall, at least 15 days before the date
upon which the notice of redemptian herein provided for is to be
~ given, notify tLe Trnstee in writing of such election and of the aggre-
, gate pri.ncipal amonnt of snch bonds to be redeemed, and therenpon,
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