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HomeMy WebLinkAbout1822 ~ ~ . ~ ' ' . . . . . . ' . . • . , ~ . • ~ ' f . ~ ~ • J ' ' . ~ . ' ' , . • , • . , : . . • ' : ' • . • ~ . : ~ ; . , • ~ . . . . , . , ~ ~ . • ~ . ~ ~ , . , . . . ' ~ ~ . - . - . ; - , • • ~ - • • _ . . - . . . . . , . . . , , . . , • z~: ~ . . • , ~ i. s ,~:*:i = 1 ~ , ~ ' . ' S . ' ,c ~ r (1 r~ ~ 1 1 ~ 1~. . if~,,~ ~ .E: . : ~ ~ - ~ . , aad unpsid intera6t, so~ely tn the awnsye eo dop~oeited vvith u~d held by ttie T~uatee for ihs~ P~P~, ~ ^ , ~ exoept aa provided in 8eot,~oA ,1.04 hereof~ not to t~e Compsqy. . _ . . , . : ' . . ~ - ~~cTtoH 4.07. Ii We Amoun~ required to redeem sn,y bonde oe?lled for redemption ah~ll be depoaited wiEh ~ the Trmatea before the dAte speaiFied for t~ redempt3oa of euah bowia, tbe holdecs thoroot ~aU hi?ve tbe right ~ • t~ reoeive prepayment of the redecnpt~n priae theretor, inaluding interesti to ~uah rede~nption date, st ' time uiter euoh depo~it, and u etstement of euah right ahall be inolu~ded in Rhe notice of redemption hereia ~ provided for, if such deposit ehaU heve been made priar to the giviag of iWy auah aottoe. i 8$crzox 4.08. All bonds redeanied e~all forthwith be canceled by t~he ~ustee, provided that if leee thun ~ : the whole prinGipal amount of any fully regietered bond s6ell be redeemed, the ho3der of euch bond msY, st hie option, (s) gun~endar hie bond for oanoellAtion, with groper inativmenta of tr~u~afer, at or atter the time fued ; • for the redemptaon thereof, and sh~ll be entitled to receive without oharge, in exahsnga t~erefor, one or tnore i ` bonds of the same e~ries, for an aggregate principal amount equBl to the uacalled snd unpaid bslanoe of t6e F , prlncipa~l amount of e~ch bond eo eurrendered, or (b) present his bond for notation thereon by the Trustee of ~ payment of that part of the principal amount thereof then ~lled and paid, or (oj make auch notation thereon # ~ huneelf if permitted by Section 4.05 hereof. E i ~ Sgemiox 4.09. The foregoing pmvisione ehell be ~pplicable to the r~demp~ion of 8eries A bonds, e?nd, " ~ eaccept as otherv~•ise expressly provided by the supplemental indeature areating the ean~e, to the redeinption of . bonds of any other eeriee. . f ; ~1CCfI0N 4.10. Without the written oonsent, fikd with the Trustse, o# the hotdera of ~?Il bonde at Lhe tima ~ - ; outet.andin8, not lese thsn sll the outatanding bonde of all eeriae ah~ll be called for rede~c?ption while any+ eveat ~ of default hereunder sha11 be continuiu,g. ~ . . ' ~ ~ ~ . . . ; , ~ ' ARTICLS s ~ . ~ ; . : . { Sia~daa Fmd tor 3erks A Bands . . . ` : • ~ i S~°tox b.01. The Company vovenante and sgreee, beg~nning on Je?nuary 1,1988, and ao bng thsree?fter ~ae • j'; ~ aqy bonda of Seriee A sre outstsa~ding, to maintain a sinking fund for the bonds of Series A(6erein oolled t~e i ~ "3eriee A~i.nking ~rrd") and to pey aanually to the ~4ustee for the acoount af eaid eiakin; fund, W~e following sums in cash ou or before the busineee day nsxt prece~ling January I~f each of the following respective Xeare: t . • z ~ ~ • ~nd . . _ ; Zi~r ' t~m~n! . H~as 1'ya~at Tias . , l~,Tao~u; t . .-s._. . .v~ e~ - ' ~ a300,000 ` ' ~ + 1968............ ~200,000 1972........:... 32b0,000 1976.~.......,.:-.. 1969............~ 200,000~ . 1973.~........... 2b0,000 187'Y............ 350,000 . : ~ 1870............ ZQO,U~O 1974..........:. 300,000 1978.........:..~ 3b0~000 . r : 1971......:..... . 260;000 197b....~........ 30Q~OOQ 1979..:....~.°..'. • 3b0,000 ~ _ . _ . ~ : - _ . ~ . Oa or prior to the buslneee day next preceding e~ah euch J~?nuary 1, the ComP~?Y e3~11 Pi?y to the Truetee i?n ~ additional eum in c~h eufficient to pa?y socn~ed interest ~o euch Janu~ry 1 on ~11 bo~ade, if wy, to be redeemed . . ae h~ereinafter in thia Seotion 5.01 provided. - _ ~ ~ . F~ ~ At itm opt~ioa~ tha C~onapst~y~ in lieu osf ~i~# ~?U or ~iny part ot ~ay P+?Ymenti recNirod t~o be ma3a+ unde~ F t,&ie ~tian 6.Q1 in c+~eh, me?y reoe~ve s er~dit in reape~ of Any ~eriee A 8inking Fbnd p~?ymaat for t~he de- ~ livery to tbe ~ustee for ~Ilst~cw, an or before tbe November lbth n~eut preoedln~ euoh Seriee A~iiilcing f ~ ~nd peyment date, of borids of Beriee A previously certified suid detivered by the Truetea ~?a~d not th~eretafore ueed ~a ~ aredit a~t any sinking or ar~ous fu~. The Compsny sbsU deliv~r to t,he Zlruatse, oa or before ~ 7'.~ - ` t.hs I~Iovember 16th next praoeding ~he d~?te upon v~+hicL au~ P~yment e6all become~Pe,~Yable, ~n Offioe~s' . ` C~rt~tficste eettic~ f~rth (i) t~he aggregste princip~l ~monnt oi all bonds of £~ries A thsretofore so delivered _ - - _ : F , ~ . . . _ . . ~ ~ ' s ~ la-- . . - . ~ . . , f • . • ~ . ~ ~ . . . ~"r ~~6 ~ ~ , . . . . ri . .~:a~,,..,,...,....,.-....-.-.,.-.._... ~ _ - ~ ~rt..~ ~;.,.,.-x~rx` ? ~'~F~'~ t~* ~ +i T ~ }r-~-~ve-~_~c~:cg-tv,#~~eane~; .__z.~~x~..r~s.., g*- . . . . . , _ . .~~~-:~cT~s.F~~ . f:~ . ' ~ . ~