HomeMy WebLinkAbout0700 7
operation invoh~ing the incurring of any indebtedness having an
interest cost to the Company (calculated in accordance with generally
accepted financial practice) of less than 9~ per annum.
Bonds of this series are entitled to the benefit of a certain sinking
fund pro~ided for in the Indenh~re beginning July 15, 1981 and are
subject to redemption for the purpose of such sinking fund on such
date and annually thereafter at the principal amount thereof plus
interest accnied thereon to the date of such redempHon, all on the
conditions and in the manner provided in the Indenture.
Notice of any of the aforesaid redemptions shall be mailed by the
- Company, by first class mail postage prepaid, not less than thirty (30)
nor more than sixty (60) days prior to the date fixed for redemptioh,
to the owner of this Bond at such owner's address as the same shall
appear on the transfer register of the Company.
This Bond is transferable by the registered owner hereof, in
' person or by duly authorized attorney, upon books of the Company
; to be kept for that purpose at the office or agency of the Company in
' the City of Chicago, Illinois, upon surrender thereof at said office for
~ c~ancellation and upon presentation of a~vritten instrument of transfer
; duly executed, and thereupon the Company shall issue in the name of
E the transferee or transferees, and the Tn~stee shall authenticate and
~ deliver, a new registered bond or boncis, of like form and in an autha
~ rized dei~ominaHon or in authorized denominations and of the same
~ series, for the same aggregate principal amount; bonds of this series
s upon surrender thereof at said office may be exchanged for the same
f aggregate principal amount of bonds of this series of another autho-
~ rized denomination or other authorized denominations; all upon pay-
~ ment of the charges, if an}', and subject to the terms and oonditions
; specified in the Indenture.
- - The Company and the Trustee ~nav treat the registered o~vner of
this Bond as the absolute owner hereof for all purposes.
~
In case an event of default, as defined ii~ the Indenh~re, occurs,
? the principal of this Bond mav become or ma~~ be declared due and
_ ~t,. ,
. v~~ . ~ ' ' .
~ _ , i..•L~_ .
x ~~rt pa~E V9
~ ~
~
f
~
_ ~ .
~
, ; _ ~
~ x~...~~ -r - ~w.~~
~4"',~_ x-± _ _