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a
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Compaliy issued for cash, and (b) may make ezchanges of atoek of the
Company solely for other stock of the Company.
In computing the amount available for the payment of dividends
or acquisition of stock as provided in this Section 8, any charges
(whether against income or surplus) representing provisions for the
ai~~ortization of or the write-off or write-down of any excess of book
slue of the Company's properties over the original cost thereof or
over the cost thereof to any previous owner, made by the Company
subsequent to December 31, 1978, shall be disregarded.
SBCrION 9. Subject to Section 79 of the Indenture, and except
as to the waiver o€ past defaults and their consequences, amendments
and modifications of the Indenture and of this Twenty-Third Supple-
mental Indenture Iliay be entered into by the Company and the Trustees
as follows : any amendment or change affecting the bonds of Series $
differently from the bonds of any other series may be effected with the
consent (in writing or at a meeting called for the purpose) of holders
of 66~ °Jo in principal amount of the bonds of Series S then outstanding,
and any other amendment or change may be effected with the consent
of the holders of 66~°Jo in principal amount of the bonds of all series
then outstanding (subject to the requirements of any other supple-
mental indentures as to the rights of any particular aeries) ;provided,
however, that no such amendment or modification shall extend the
fixed maturity of the bonds of Series S, or reduce the rate or extend
the date of payment of interest thereon, or reduce the principal amount
or redemption prices thereof, or permit the creation of any lien on the
assets or property of the Company prior to the lien of the Indenture,
without the written consent of the holder of each bond of Series S
affected by such action.
AE.TICLE II
ADDITIONAL PRUVISION$
SECTION 10. The Company, and the holders of the Series S bonds
by their acceptance and holding thereof, hereby consent and agree that
the proms isions of Section 40 of the Original Indenture shall cease to be
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