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201606412
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Last modified
7/24/2017 3:43:22 PM
Creation date
9/28/2016 9:31:07 AM
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DEEDS
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201606412
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2� 1 ���412 <br /> Secti�n�. Maturit�. As pro�id�d therein, the entire unpaid principal balance of�th� <br /> First Mortgag� Bonds of the�.$�°�o �eri�s �hall b� �iue and payable �n June 1�, 2���. <br /> Secti�n 3. �ptional Re�i�mpti�n. The ��mpan� may, at its aptian, upon notice as <br /> �r�vided bel��, redeem at any time al1 a or from time t� time any part of, th� First Mortgage <br /> B�nds of the 2.8�°�0 �eries in an am�unt not less �than $1,���y��� 1I1 the case of a pa.rtial <br /> red�mpti�na at �i� 1��°�o af the principal am�unt s� redeemed, and �ii� if th� R�dempti�n I�ate is <br /> �arli�r than March 15, ��2� the Mak�-�]L�h�le Am�unt �ietern�in�d f�r th� r�d�mpti�n v�i�th <br /> respect t� such prin�ipal amount. The ��mpany �vill �ive each h�l�er �f First Mortgage Bonds <br /> to be redeem�d written n�tice o�'each �pti�nal r�d�mptian under this Section 3 nat less than 3� <br /> days and not m�re thari �� days pri�r t� th� �iate �i�ed f�r such red�mpti�n. Each such notic� <br /> shall specify such �iate �which shall b� a Business I�a��, the aggregate principal amount of the <br /> Fir�t Mort�age �onds t� �e redeemed �n such date, the principal amount �f each First Mortgage <br /> B�n� held by such H�ld�r to be redeemed �determined in accordanc� �vith Article III Secti�n �), <br /> and the interest t� be paid �n the Redemption Date �ith respect to such principal amaunt laeing <br /> redeem�d� and �hall be accompanied by a certificate �f a Senior Financial �ffi�er as t� �the <br /> estimat�d Make-�Thole Amount, if any, due in c�nnecti�n�vith such redemption �calculated as if <br /> th� date the �ompany pro��ides n�tice of th� r��empti�n to the Truste� in acc�rdanc� �vith <br /> �ecti�n 5.�� of the �riginal Indenture �ere the �late af the r�dempti�n�, setting farth th� details <br /> af such c�mputati�n. Two Business I3ay� prior to su�h Redempti�n I�ate, th� �ompany shall <br /> �e1 i�er t� the Trustee an�i t� each H�lder of First Mortgage B�nds tQ b� redeem�d a c�rtificate of <br /> a Senior Financial ��'fic�r specifying the calculation of such Make-Wh�le Am�unt, if an�, as af <br /> the sp��ified Redem�tiQn Da�te. The Trust�e shall ha�e no resp�nsil��lity for an� su�h <br /> �a1 culati�n. <br /> �ection 4. Allocat�on in the Ev�nt Q� P�lc`1� F��C��IIl�]t1�I1. Subj�ct tQ Articl� III, <br /> �e�ti�n 1 a1���e, in�he cas� �f each partial r�dempti�n �f the First Mortgag� Bonds of th� 2.��°�o <br /> �eri�s, the principal amount Qf the First Mortgage B�nds �f the 2.8�°�a Series to be redeemed <br /> �l�all be a1l�cated am�ng all �f the First Mortgag� ��nd� �f the 2.8�°�o Ser1�S at the time <br /> �utstanding in prop�rtion, as nearly as practical�l�a to tl�e respecti�e unpaid prin�ipal a.mounts <br /> there�f n�t theret�for� �a11ed fQr r�dempti�n. <br /> Secti�n S. Maturit�; �urrender, Etc. In the �as� Qf each redemptian of First Mortgage <br /> Bonds pursuant t� this Article III, th� principal am�unt �f ea�h First M�rtgage B�nd t� �� <br /> rede�med shall mature and bec�m� due and payabl� on the date fix�d for such redempti�n <br /> �which shall be a Business I3ay�, t�ge-th�r with inter�st an su�h principal amount accru�d t� such <br /> date and the appli�ahle Ma.l��-Wh�le Amount, if any. From and aft�r such dat�, unl�ss the <br /> �ampany shall fai 1 t� pay such principal am�unt �hen s� due and pa�abl�, tog�ther �ith the <br /> interest and Make��]Vh�l� Am�unt, if any, as af�resaid, interest �n su�h principal am�unt shall <br /> c�ase t� accrue. Any First Mortga�e B�nd paid Qr redeem�d in full shall be �ur�-end�re�i tQ the <br /> Tru�tee and cancelled and shall n�t �e reissued, an�i n� First Mortgag� B�nd sha11 be is�ue�i in <br /> lieu �f an�re�ieemed principal am�unt ofan� First Mortgage B�nd. <br /> �ection �. Purcha�� of First M�rtgage B�nds. I��twithstandin� anythin� contained <br /> herein �r in the �riginal Indenture to the �antrary, th� ��mp�.ny vvill n�t �.nd v�ill n�t permit an�r <br /> Affiliate ta pur�hase, redeem, prepay �r �ther�ise ac�uire, dire�tly �r indirectly, any �f the <br /> S <br /> �DRE12D52323.O 15 SI 124�47333.b <br />
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