2 E.7,� .i�;E•_ . .� .�s .'� . � � Eie.i-'x •��---' �� . , _ 1 —� -
<br /> L- :r.�.� —��i. _ ;'.' _ V.. v�LyG^. �' .x-�.�- —
<br /> . . • Y�. -`�h. +�' . . , 'W -t � o.'s,:... ��.�. �..,.��„_V._._
<br /> _ ` � �o-f"'`�^ . � ,F. w�f� G � .�� c ^'.�. �� � < �� f '- i
<br /> -� . iG.. '.'Sti-•• c'C 4 �+i � '� h . ' � 4 , iCkt
<br /> t`. r...� . `F` . L C�_'Y- 1_ . _ • _ , c .� 4 S`:b-•� �<' `r [. '.
<br /> . �, ., •.a .F;4, « - . ,,. :,9n � ,. � , . „o �a .` , 'F•�� �,<� . ��,,� '�t'�G' y�,
<br /> ' h. . .. .� ' c 4 ' .E� 1 .
<br /> ,
<br /> .�, w .
<br /> __ ' !`` OG . . . �"• .. - . LF
<br /> ;.
<br /> „
<br /> _ _( f . .: t' 4 _ 4 � $ .- �� .
<br /> .. . t �. . '!t..
<br /> .
<br /> ... ' �" . . Z.t �—r �—� . �,— ' __ �_ _'_ � - - • ' _ ____ _ --t=,_ .. �._�
<br /> . . ,F . . f' . ` 4 —�f� �°4� --i"_t c r �ci';--.= �- t` . � -.
<br /> n � .«,` ` �c,` " -y '♦ S . i: t'"`c-�=i � .i..
<br /> __-_ �� . �� . .. � �.ti.. � '2� .. �' :�. • ' ' ' •"'. •i_..
<br /> - •'i: c .c�� . .,4,Y, . "Z ..4:' F • _,`4�;.. .. .
<br /> .. ' . ' . � � . . :a�- , �
<br /> ' .. `" ..� '' . _ . , �
<br /> ..-�� . , � g5��� � �� ` ���� ��°�
<br /> __.. � 4 r�. " 1N�oIe .
<br /> -- :: .:`. �°..` • _ , �tatistic�ll�etesse pub]'ished prior to the date o�deteuninat�nn of the 10/iake- .
<br /> . ." �ount sh�l bs used• . � � .
<br /> ' � °St�4isdcal R�lease° shaL!mea� tge thea mast tecently puiblished statistical
<br /> . ',.---=�` � publicatian vvbic�is p
<br /> ,, .. ,, i _ ' ated"H.15 S19"oranysuccessor ub9is4�edweekty ..
<br /> �._� . .
<br /> �- _�:°f.. �..�.:.� _._. .-.- : ..._. �Fede�Reser�►e System�nc�w�I�����yields an cwe U.S. .. . ._ _
<br /> t�I�s a t�t t�aded
<br /> �;:�.;. . ,` bY
<br /> � ,' ,... . Gavernffient Seeurities adjusted to constant maturities or,.if su�h statisrical release
<br /> � .t F;.r''� ' is Aot �ul�lished at�tl�e time of auy determination hereunder, then such oth�r ':•
<br /> ted by the holders of 66-2J3% � � �`'
<br /> • . � reasonab p w�ich shall be d of the 6.39°1 . , }�,'
<br /> :. `,,..; , .• Iy com atabl�ind�r esiA�a ,�>.Y.
<br /> � din New Mortgage Bonds p �:4 .
<br /> ' '� . � ',' $ggcegate priticigal amount of the outstan g �� :
<br /> . f v LL � e^ ° .d�.'
<br /> au
<br /> .� .. �� S�TIe3. ,
<br /> f ..:.. i•�{��¢f�.
<br /> ;: ; . �.;. � �. .e�oads of :=�=.-'_=
<br />- ~ • ` � ��'`' , , "Weighted Average Lsfe to Maturit}� of any of We Nea►Mo�tga� °�s��
<br /> "�• � ::,: ber of ears rounded to ttte ��__�•.
<br /> - � ' the 6.9910 �ert�s ta be redeemed shaU mean the num Y � ;°. ��;
<br />;�`. , . ' o b t a i n e d b y dividin g the then Itemaining DoBar Yea�s .�.,._-
<br /> . ��
<br /> �. ..
<br /> , . .
<br /> ,; ,: :�' �,:::
<br /> __.-__.•:.�_.�_° nearestone-t�velftbofayear} . ;_--_•
<br />-. . . ,., . • �:
<br />- .. . :... .. .. ........._..._. ._. . .. - . e$onds of ttie 5�99%_Senes b}r the then outstaad�ng�P��I�--- ......_.._..._..�;,A��,,,
<br /> . , . -af.ffie-�New�Mortgag p ses of this defnitioa,"Rema�nnig Db]Ia�r�ears
<br /> ]I r ���� �;
<br />_ � -, ,�= amaunt of sucb Bon�.s.Fai the � multi tlie�amount of Each thest '.
<br /> ' ..� ,.�,,: � me.ans the sum of the amounts obtained by P�7M� ���t at �nat � ��:�
<br /> ',:�`:��� .• . ��ining sinking fund ar other reguired repaymes�t,iaclu�ing re � ���1-�:
<br /> ..,
<br /> :�" . �. .,;��, - - - • the-number of years {calculaded to the nearest one-twe�t6 of a year) ; r� _�'
<br /> «_
<br /> .. m�ttynty,b3►
<br /> + : �. .. �'�`�;' which w�l elapse between t h e t a�e of such determination a�td t&e date of suc& �v_v�.%..
<br /> ��:��- , , _
<br />��_4��'- , . . � repaymen� � , �_-.
<br />_��' ' . �.. . • . ded in Aar�cle � --
<br />�'' �, ! � .��: �::�'' Section 2. U on the notice sitd ia the manner and witli the effect pmvi .
<br /> . F'ive of the Oaiginal Indenture,as amended by Sectiosi 3 of�is Article III,anY of th�New �;._T, �
<br /> ^ — '-�`��.�::_ri:`y�:r�:.:�'<:rr.
<br /> Y� : .;'�:��f�s..; .'�.�° N[art�age Bands of tite 6.99%a Series shall be redeemabde on t�►e.fi��d�for ep Secti n�1 � -_
<br /> - -,. . � each year,comm�neing in 199$.bY uFera4i�z�af the si�king fund p hl► _y�
<br /> -� �. W on a ent of tbe pruic�pal amoimt thereo�toge�her witb accsued
<br /> ..r��• : °:���:_ ' , � , --
<br /> { ;� of.Articte N hereo�up p ym .
<br /> '�:�: � interest to th�iedemption date:
<br /> . �:�'�' f''-r�'� redeem tess than a91 of the �
<br /> �-'-`-�' ~�''� � Secrion 3. Whenever the Com�y shall propose to
<br /> -.-- .3:A82:t':��
<br /> _�.,.±�-:1�1�•i`�'
<br />�.'-. � � outstamding N�w Mortgage Boads of the 6.39%Sertes on siny redempsion date,the �
<br /> � n
<br />�,_-zu;;�_��' ' e Bonds of tl�e� -- _..
<br /> �'''�'"�'�- ' instead of select�n8 by tot,shail select th�serisl numb�s of the New Mortgag
<br />� -------- 6 99%Serizs to be redeeffied (in whole or in part)bY Prmratu�$,as nearly as may be,tt�e
<br />��N� Bonds of the��9%�eries to Ue�redeemed
<br /> ��.�-;�: aggtegate princiPal�°unt o�the New Martgage
<br />_�;:.�:�:;.� �ong t�e rcgistered owners of the New Mort$age Honds of the 6 94%Series accotding Qo
<br /> .,.<�
<br /> `'�ti` the principal amount ther�of�egistered in their respective names- In any such proratcon,
<br /> � the Trustee shaU make such adjustments, reallocations and eliffiinations as it shall deem
<br /> `�" �=�-', e�onds of tlte �6.99%
<br /> � �.�,AL ,�¢
<br /> f �•�.(�..^�T :1�.. .
<br /> � '� pYOg�er to the end that the principal P►mount of the New Mortgag
<br /> _1:,�:,�R '
<br />- � ��'� � "'° �� � S e ries so prorated to afir registered ow�c�r of the New Mortgage�onds of the 6.99%a Series
<br /> ; =°��_:.;�_�:' ��,��. mcreasin or decreas in�o t e']�m i n��i n g the�ount
<br />-=� •:�;��-.._ ''`��� shall b�$1,Od0 or a mnItiple r�c��eo�b�� g � -
<br /> _ �c��x: :.�:..; ., r�_ sucb re ered ow��r an the basns of e�a�&prapa�siton by .
<br /> � !� � whlch.��d be allocable to� fi�
<br />`�"�'�-�` $3 000 The'�r�tee in its discretion r.�ay detemiine the g�aticular
<br />—��r3�.;�r;i``r; ,.r � � _--
<br /> ,�„�',y�.,.;„.�,_. . an amovnt not e��d�8 �
<br /> �c .rySi. i . • � .
<br /> �r,F,`l�a,:�� :' n; New Mortgage Ba�ds of the 6.99%Ses�� (if there are mas�xS�an one)registerecA in tlte =
<br /> ���;,:,�.,.. ,
<br /> '-�;..t.}�;�:•;-�.��' name �f any registered owner which are to be re��emed, in whole or in•part. �n �u►Y
<br /> � :.: '�;�;;, � dete�ation by proratican�rsarrsuant to this Secd�n, New Mortgage Boads of the 6.99% , __
<br /> '.'� •:;, .��y� -- -
<br /> ef�.,r�• � �St� .. �+:
<br />� �,irv7. �. • . . _-
<br /> �V�f�.'.4� . .±�'s. . - . ' ��4r_
<br />?i�"' � . ,� ,'; New I�ort�e9e Bar�04 tbe 6.99�E,�te9 '. '? . . , L y;�
<br />_� : . �;f.:` . ,
<br />—; � , � -_
<br />—,1 '. ':.f�. . ' . � �.,«
<br /> .4:.��: --
<br /> _•'� . . . . . . .
<br />_ •w,� . . r,
<br /> .. �� • `. .. . ... ,- . 3 S-:7:C'. . . �:1h7:i.m�_:k . Y.'i' . . , ' .... ..i � . _ ,, ' • � . .
<br /> .. ..�� - . ,. .�.. . .. . . ' . .. .� . . � ' . ' _
<br /> . . . . . , ' ... ). . ..... � .. ��.. - '__
<br /> . . . � .�
<br /> . •
<br /> ... . .
<br /> •� ' _ , ' - • , , . .. _ " _ '_' _ _... _ . .. -__. . , . . � . ' . � .. • �, ' �4• . . . �1 .. '."'.�—
<br /> � . ' . . ' - - . . ' . `r�. _ ' ' '. , � !' .
<br />_ �'�- 1 .� .� � . � , ,
<br /> _ � r' ' • . • -. . - .. ' . :�15�{{��t'1 . . ' � - . . .
<br /> � . . t � • - .,� ),i�' , i' .. ' . . . . .
<br /> , . :r,r��, . . -
<br /> ; . . •• .' . � ... . , . . ' � � ' .Q.:,�i('r: � .. .... ,. . .. . .�.. ' � .. ' . . ' .
<br /> , .l .. _ . . . . . . .
<br /> . „ . . ' , • � . . .
<br /> . _,,. .. , . , . , . . ., . . . . .
<br /> . . .. . � ' . •�.'.. . �•- ' ' __ '`� .�•.
<br /> .
<br /> . .: : u-1 ir .
<br /> ._ . _._ . __ .__._ ,_ . . _.. .__ __._ __ . ._ _ .._. ._ _ '_. .__ . _ _.. _
<br /> ..._
<br /> . . . -- ___—_ _.- _—. ____ . . .
<br /> �. � .... . .,- . . - .' , . ,
<br /> . _ . . .
<br /> : -. . ...t .. . . . . , • . , - , •
<br /> _ .. � 1 ' .. • . . � � ' • �tt . . ' . ' � . .. . , . ' . . , .' . .. . ,' :. . . .` .. . .•S.� Y� ' .,. �
<br /> . . . . . ' , . . . .. . . • : .. ' . . � .• .. . : ...1.. . .. . `t:. I • ' . ..
<br /> . . � � �. ... �.. _ _ - � � . . � . .-� � .. . .... , - - .� .' - - - . ,7: � '� � . ' .
<br /> ' . . ' -_' . . ' . � . . ' . '� . ��q'' ' • . '� r•t • (••
<br />._ . � . . . ... . . . . . ��.' ,�.►+�.ayt_'��:.. . ,_ :�"�;�,• �
<br /> . ... . . . � . .. • . . . . ... . �� .. . . .�. ... .. �. . ..__'... . . _ :�.w�.
<br />
|