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HomeMy WebLinkAbout1840 ~ , , t ~ : . f • . . : ' . . ' • . ' . ~ ' ~ , ~ ~ . . . _ , ' ' , ~ ~ ~ ' . ~ ~ ~ ' , . . - ~ . , ~.ult~ ar s'si:~vF:•i~i~~~a% : S ~ ~a.:j-~ ~ Y' ~ .3 `'t,~, i~ ~i ~.,i a 'tt ii; ~ i ~~..a2 ~s! L~- a. ~~~zi~r, : ~ ~ ~ ~r ~~c"~"s~l~irt.ii~ls S 's t` i 1i~1_ .~4~ ~ t,~_ 4' - ' k r ' z ! i s i ~ ~I ~ ~ , . v . fi~ i ~ ,r`~~ i j k. • • , , , ~ ' j ~ . . ~ . . . ~ - (11) A#taahed ~reto ie an Opinion of Cow~cl tQ the aPfeat thst the Prog~rty Additio~ae de- . . eoribed in F-•~hibit A are, or upon the exeoution, dalivery and proper reoording (whlah ~ha,ll be ~t ~ ~ . ppeciRed) of auY yupplemental indentute~ requin~d t,h~n.to be ex~auted_K~ill be, ~ubjeot to tlie lien - ~ . . . pe ~ _ .~•of the i~de~tute aa ~ valid $rst tien'aud~are gubject.tq no lieu~ e~r eucumbrance~ oth~~~than those permitted bY Seotion 3.Q9 thereof, exott~ding; ~how ever, Pri~r L'aep~a; that, appropriate provision has . be@u macle for tho eatisfaction and disc~arge of all Pr'sor Lie~? Honde, if any, aecurnd Ly Y~or Liena _ ~ ~ on auch 1'roperty Additions; snd that the Company posseea~ all needful authority to uee the same in the conduct of it~e bwsinc~e. . ; ~ ~ (22) Here ineert stateraent reaponaive to ~eotion 12.06. ~ . ' _ (13) I~To default exiats under auid Indenture of Mertgege. , . : . ~ . Dated , 19 . ~ • . . , ~ , . - . : . ~ ~ (sanne date as appllcaNou) ~ . . . . . • ~ Gnx~. Dnvr~,orY~rr U~r.rrrsa, Irto. . , r : j. . ~ . - . . .........................:i...:`..'......... : . . . . . . . . pn.saer?c or vice Pmaia~nt . . . ; a.. ' . . . . ~e ~ - • • ~ ' ~ ~ . _ . ~ ~ ~ _ . . . . . • ~ ~ • ~ ~ • • . . ~ ~ ~ ~ ~ • • ~ ~ ~ ~ ~ . ~ ~ s ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ • . ~ • } . Tra~eurer or Aasiatar?t Treaaurer . . . . _ . . ~ ~ . . - • . ~ : : . , , = . . ~ ~ ~ . ~ ; (14) I certlfy thst the etatements oontained in the foregoing elsuees (1), (6)~ (8), (7) snd (8) ~ . aro oon~ecit. . . . . ` . . . . . . . - - - - . ~ • . (15) Here u~aert statemsut reapaneive to~$eotion 12.08. . : _ . : . ; ~ { : ~ ' . - . . . ' ~ ~ :i. . , . . ~ s . . } . . . ~ . . p~ ~ f L71 f . • . . ' i . . . ~ . . . . . i ~ - = I ~ . (n) If the executian and recard~ug of A~pplemHUtal indenture is neoeeee?ry, in t6e Opinion o~ (~uneel i fiunished pureuant to tha foregoing certificate oi t~e aertiBca?te pureusnt to 8eetbn 12.0lS(1), eueh eupple- { : . ~nental icxtenture ehall, before tt~ oertificate iuruished pursua?nt to ~bPar~SPh (1) or eubparagraPh (m) ~ i - ..-~tii?ii ~e msda the basie of ~?ny ao~ion by f,ha:7`nietee hereunaer, or ai~uul#~aa~iuely #~e~aw w, ud a~ui~ed . by the Company and deliverEd t4 tho Tru~at+ee, together wiW ~n Opinina o# euch Couneel t~ti euch exe- . cut~n and delivery hava been duly suth~o~ized, attd that ~aid Bupplement~l indent,~tre ia a valid ac~d , bindiug obligation of the Company. ~'i'he Company will fot~thwi~th cauee eaid supplemental indenture ~ to ba reoorded in the. me~nner specified in the ment,ioned Opinion of Couneel, and will, sa eoon aa grac- ~ tic~ble thereAfter, cauae to be delivered to the 1~ustee a supplementary Opinion of guch Counael that t ' . . such reoordiug has been duly accompiiehed. ~ - _ _ ~ . ~ . . ~ - = (o) ~'Net Earnings" of the Company ifor auy period me~ane the amount obt~iiu~ii by c~duating - from the gr~e e~rninga derived fmm opera,tpn of the mortgsged ProPertY u~d in ite gat, we?ter or sewer f~ ~ ~ utility businem all operating experu~es o# ttie Compewy. In dst~erminia~ Net F~rning~ (i) there shaull be J, i . inoluded among ope»t,ing expea~e '?U t,que~ except fed~re?1, ~?nd atsts •(if anY), inooitiie t~eee; aad (u) . there shall be included in Net Earaings th~ net ~arninp (deternuned in the niauner e?foreeaid) ~ring , ~ - t~he spplicaWe period from the operation of'snY Propertiea aoquired ae an entitety, pr substanti~llY , i; , ' aud conatitutins A p:?rt of the mortg~ed ~roP~rtY durina ruch period or to be so ooustifi~utod Ooncur- . ` f -~rently aith the certiBcatioa of bonda then; spplied for. "Net F~uuiuge Avmila?bl~_ foi Intereet" of the ~ ~ ; ~ - Company ehall mean Net F.t~raing~ plus the fottowing-~cpenecs-(tiut t~ot exoeediug the ~i~uwunt thereaf - - d~luctesi in arriving At Net F~rning~a): inte~est oa indebtedness and ehe?rg~ for depreo3irtion. . - . . . - . : , . . . ~ t , , . • - E ~ . ~ ~ . . ~ ~ . . - .:y. . . . . ~ . ' . . . _ . . ' . - ' ~ ~ ~ - . - ; ~a~~ ~Q6 ~ 39: ~ t ~ : . . - ~ . _ ~ . . ~ - . "s' r.. r;~F .i. .a~~ _ _ . - ~ . . . - ~.w~~~ `";~ti~i. _ .i~ ' . _ . _ . ~ ' ' . . ' _ . . _ . .