|
�_t
<br /> , S �
<br /> I
<br /> 1
<br /> - ����---� �.aso��
<br /> AItT1CLE IV
<br /> ADAITIONAL COVENAM'S
<br /> �
<br /> S�i�ori i. 'i`no �wn�n�► cx3veuxui� t`�t, �o taa,� aa aay Soa�s af tl�� �.,-:i�,, due 1�99 ara
<br /> , outwndin�,it will nd declaro or pay dividends(otber th�ta divideAda p�yuble soldy in sh�ra of its
<br /> Coiomoa Stadc)or eake soy oWer distribwion on,or scquire for value sny shues of,its Comnnon�
<br /> Stack ualas�tter pvia�effect th�reto.(s)tbe a�rejste ameunt of aucL divideads,distributioas sad
<br /> scquisitions made durin=t!�period from snd sfte,r Deoember 31, 198?ta aad iadudin�the date of
<br /> rativn=t6e dlvidead,disiribution or acqui�ition in question, w�ould exceed the sum af S 10,000�000
<br /> plw l00�6 of mrptus oaea�d for such per,iod,coraputed on 3 camut�tive b�sis for said entire period
<br /> (or if wch wtpiw e�tared is a debcit fisure, then minus 100lI� of au�b d��isit), �nr� un�� (b) t�
<br />— sqrnate of the amounu (l) acpendod by the Compwy fac repsirs and maintenanee and/or (2)
<br /> provided for de�neciatioa durins tbe period from Jaawuy 1,1946.to the dateofthe ptoposed payment
<br /> of wch dividaids or m�kin�of such diuributioo or aoqwsition,plua surplua of the Compaay a�raed
<br /> sub�aqumt to Decanber 31. 1945,remainin��tter paymeat of wch dividend,or t6e m�lcinj of'suc4
<br /> d'utribution or acquisition,shall�na lw tbsn the sum of amounta represeatia�(x)tae total of
<br /> 3�i96 of the fixed tan�ibk propeny,plant and equipment of the Company(as shoan by the books of
<br /> the Company)oa tbe 6iat day of each full calendar year. if any.which shall 6ave elspaed durin�said
<br /> pe:ied bepnnin�Janwry 1, 1946.And(y)tbe amouat,if sny,eqwil to such proponion af 3!596 of the
<br /> 6xed w�ibk property.plaat aad equipment of the Comp�ay(as ahawn by the books of the Company)
<br /> on We 6rst day ef the tben cumeat cslendu yaur, as is represented by the ratio of the number of full -
<br /> moatl�(frem t6e be�inein=of the thea wrrant calendar year to the date of the proposed paymeat of
<br /> sucb dividend or iaakinj of such diaribution or acquisition)to twelve moatlu. .
<br /> �t
<br /> SFCTtata 2. TtK Company oovenanta that, so icm� as any Bonds of the Series due 1999�are � �`
<br /> nutatlndin�it Mn�e�*nnlv with;hf rt►v�nant�,e,M_ntw�_nwel ir^.Gr'!!^,n 2�f 1�.l::L`�.�V!.`�t�lZ SL'F�l�iflt'S:l.°.! -
<br /> Indentun dsted October 1. 1946. whetha or not any Honds of the Series duc 1973 are outstandin�, '`-
<br /> and the pe+ovisions of said Section 2 of Articte V a6all be deemed to contiaue in force and be applicabk
<br /> to the Boads of the Seria due 1999,whether ur not aay Bonds af the Series due 1973 are ovtstaadin�. �
<br /> :�
<br /> ARTICLE V
<br /> StE[7AL PltOVISiONS FOR RETiRE1MENT OF BONDS
<br /> SFCr�or� 1.The provisions af Artick 1X of the Ori�inal lndenture, �amended by Section 8 of
<br /> Mide IV of the Suppiem��sl lndenture dated October l. 1946. ara(so loa�as any Honds of the
<br /> Saies due 1999 s�Wl be outstaadin�, with resnect to moneys raeived by the Truata under said
<br /> Artide 1X pu�uaat ta ihe provisions of Sation 1 of Micle VIl of the Ori�inal lndenture.as amended �,�..
<br /> by Sectioo 4 of Micle lY of tbe Supplemental Indentun dated October l, 1946, expressly made •
<br /> subject�o the pravisions of ARicle Ul hereof with res�ect to the price at which, and the conditions
<br /> under wiuch,Bonds of the Series due 1999 are redamabk by the use of such moneys. '�'��
<br /> Tde provisioa�of Article IX oi the Ori�inal 1�denturo,as amcnded by Section 8 of Articte 1V of .
<br /> the Suppkmental indenture dated�c[ober 1, 1946�arr(so lon�as any Boads of the Series due 1999 �
<br /> s6aU be oulatandin�, with nspoct to moneys n�eived by the Truatee pursuaat to the ptovisions of
<br /> Section 3 ef Artick Vll! of the Ori�iaa! �ndrateue, as ainende�! by Sectioa 7 of Articte !V of the
<br /> Suppiemental Inde�tura dated October 8, 1446,and with respect to moneys rxeived hy the Trusta
<br /> pursuant to the provisions of Section 2 of this Article V, exprasly made su�tsecl to the provisions of
<br /> Aslicle lll htreof and the ptovisions of Section 3 of this Article V with respect to the price at which. �
<br /> and tbe conditions under w6icb,Bonds of the Series due 1999 are redeemable by the use of any of
<br /> such moneys.
<br /> !1 �
<br /> �
<br /> � • � �
<br /> �
<br /> �
<br /> ,
<br /> P
<br /> w. <
<br /> � �
<br />
|