|
- ___ _
<br /> .-: , --
<br /> =':4.
<br />—�ci
<br /> � � �
<br /> � RE•REG6RDE0
<br /> � s9= 1os�.o� s9_ loso�9
<br /> • aKric�ii
<br /> ` jSSUE OF 80NDS OF THE SERIES DUE 1999
<br /> SECTION l.The G�mpany hercby exercises the righl to obtain the autheaAa�aflnan aad deli�er}r af
<br /> additional bonds on the bssia of unused net expenditures for bondabte Frope�X*�aaasuant to the t�rnns
<br /> of Section 3 of Mide 11 of the Originai lndenture, as amended ax S.ection M ��Articla l� of the
<br /> Supplementsl Indeature dated t�ctober l, 1Sr46. Svch adaitionat ba�rta�s s�ali be initially i�.sneo'ia ihe
<br /> ptlnoipa�l an�ount of S7,S00.000 and sbali be BoAds of the Series due 1999. Bonds of the Series due
<br /> � 1999 shaU be exxuted on behdf of the Compaay by ita Chairman of ihe Huard.its President,or one
<br /> of its Vioe Presideab,and its Corporate Secnt�uy, ar one of its Assistant Corporate Saretaria, by
<br /> their mAnual or fapimile si�aatures, aad shall be sealed witd the carporate seal of 1he Company by
<br /> causin�the same to be affixed thento or a facaimile thereof to b�e�inted, litho�raphed or engraved
<br /> lh0l+EOA.
<br /> - Such ��,300.000 principat aam�s�nt of t�t Honds of 1he Seraes�due 1999 are to be is�ued for an
<br /> a�te�ate eca�nsideratooa��f S7,SQQ�.�,e�c�aa�ite af accrued interGSt. vpon issuance of the 57,500,000
<br /> .principa! ajn��aunt of�o�ds oF the Series due �999, there wrill be i�sued and outstandin�under the
<br /> tettas af 13�e lndenture an a�rcg�t�of 559.502,000 princn�al amount of bonds,all of said bonds being
<br /> secured e�paaaUy aad ralably by Ihe lndenture, aad the principal amount of indebtedness then ..; .
<br /> outstandin� aad secused by the lndenture wiU consist of 53,500,000 principa! amouni of First
<br /> Mon�a�e�Bonds, 6'3.�ii Seria due 1996, S6,(�0,000 principal amaunt of First Mortga�e aonds, �96
<br /> Series �ue?002, 535.000.000 �reacipal annnount of Fiist Moctp,age Bonds, S�/.96 Series due 20U�.
<br /> �!2,40t►,000 principal amouat of Fi�t Mort�aBe Bonds,8.8a9b Series due 2009,58,002,000 priacipal � ' �
<br /> a�aouat ofFir:t Mon��e Honds,93'.96 Series due 2t108,S�,SOO,OOOprincipal amount of First Ivlortp,a�e
<br /> Soads, 9.SS96 Series due 1998, and 57,500,000 princips!amount of First Mort�a�e Hond�, 8.9096
<br /> Series due 1999,fo�whic6 the Company will have received an a�regate consideration uf 559,228.445, t
<br /> exclusive af accrued intercst.
<br /> SECno� 2. 'The Bonds of the Series due 1999 provided to be issued by Section 1 of this Article i__;
<br /> may be authenticated and dafivered priar to the filin�for recordation of lhia Supplemental Indenture. �"
<br /> 1-�
<br /> ��--
<br /> �--
<br /> ART1Cl.E IU
<br /> REDEMTTION OF BONDS OF TNE$ERIES OUE 1499 �
<br /> SECnoH 1.The Bonds of the Series due 1999 shall,upon the notice and in the maaner and with
<br /> the effect provided in Article V of the Ori�inal lndenture,as amended by Section 3 of this Ariicle lll,
<br /> be redamable(otherwise thaa out of raon�ys specified in Section 2 of this Article 111), at aay time
<br /> and from time to time, on or after November I, !992 and prior to maturity, at the option of the _
<br /> Comp�ny,either as a w6ote or in part,upon payment of the Yield Maintenana Price(as hereinatter
<br /> defined)for each of We Bonda of the Series due 1999 to be redeemed� to�ether with acciued interest —
<br /> to the redemption date, provided howevet, the Company shall not redeem any Bonds of the Series �
<br /> due 1999 in a principal amount less than S 100,000 or a mWtiple thereof. �:
<br /> lf the aotia of redemption shall have been given by the Company as provided;n the lndenture� �'�
<br /> the Computin�Holder shall deliver written notirt to t6e Company on the fitth businoss day prior to �
<br /> sucb redemption datr.of the amount of the Yield Maintenance Price for the principal amount of the
<br /> Bonds of the Series due 1999 held by such Computin�Nolda so to be redeemed,which notice shall .
<br /> set forth in reasonable detail the computation thereof. The Yield Maintenance Price set forth in such
<br /> notia shall be binding on the Company absent manifest enor.
<br /> The Compaay shal3 deliver to each hoir3tr of the Saads of the 5esies due 1999 to br redeemed
<br /> on or before such redemption date a certificate signed by a principal financial oflicer of the Company
<br /> setting focth the Yield Maintenance Price of the principal amount of the Bonds of the Series due 1999
<br /> 6eld by such holder so to be redeemed. and setting forth in reasonable detail thr calculation thereof
<br /> 8
<br /> �---__ -
<br /> . u .
<br /> ,
<br /> � . 7
<br /> � J �:
<br /> . �
<br /> ����
<br /> �' -
<br /> ,,, _
<br /> � �
<br />
|