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200302132 hereinafter defined)). Redemption of New Mortgage Bonds of the Credit Agreement (2002) Series, of which this Bond is one, shall be at a redemption price equal to the principal amount of such New Mortgage Bonds of the Credit Agreement (2002) Seres (without premium), together with interest accrued on said principal to and including the date of redemption (collectively, a `Redemption Amount'). In the event of any failure by the Company to pay when due the Redemption Amount with respect to any redemption of New Mortgage Bonds of the Credit Agreement (2002) Series, interest shall accrue on such unpaid Redemption Amount at the rate or rates (and in amounts equal to the Applicable Share of the amounts) of interest that accrue on the corresponding unpaid principal of and interest on the Loans in accordance with the Credit Agreement. The Trustee may conclusively presume that no redemption of New Mortgage Bonds of the Credit Agreement (2002) Series is required unless and until it shall have received a written notice from the Administrative Agent, signed by a person purporting to be its duly authorized officer, stating that the Loans are subject to prepayment or have been accelerated, in either case, in accordance with the Credit Agreement (a "Redemption Demand "). Each Redemption Demand also shall state the date on which the Loans are subject to prepayment or acceleration in accordance with the Credit Agreement, the principal amount of the Loans subject to such prepayment or acceleration on such date, the principal amount of the New Mortgage Bonds of the Credit Agreement (2002) Series to be redeemed on such date in accordance with the Supplemental Indenture by reason of such prepayment or acceleration, and the Redemption Amount payable with respect to such New Mortgage Bonds of the Credit Agreement (2002) Series (determined in accordance with the Supplemental Indenture and setting forth the amounts of the respective portions thereof representing principal of and interest on such New Mortgage Bonds of the Credit Agreement (2002) Series). Each Redemption Demand shall be accompanied by a written waiver by the Collateral Agent, as registered owner of all of the New Mortgage Bonds of the Credit Agreement (2002) Series then Outstanding, of notice of redemption mid call for redemption by the Trustee of the New Mortgage Bonds of the Credit Agreement (2002) Series subject to redemption as described in such Redemption Demand. The Trustee may conclusively presume the statements contained in each Redemption Demand to be correct. Additional Terms New Mortgage Bonds of the Credit Agreement (2002) Series shall be subject to the following other terms and conditions: (I) For the avoidance of any doubt (in the case of the following clauses (i) and (ii)) and notwithstanding anything herein or in the Supplemental Indenture to the contrary other than the provisions of subdivision (III) below (in the case of the following clause (iii)): (i) prior to the Remedy Exercise Day (as hereinafter defined), each payment of principal of or interest on the New Mortgage Bonds of the Credit Agreement (2002) Series that becomes due and payable on any day (whether by reason of stated due date, acceleration, redemption or otherwise) shall correspond to, and be equal to the Applicable Share of, a payment of principal of or interest on the Loans that becomes due and payable on such day in accordance with the Credit Agreement; (ii) on the Acceleration Day, the 10 N 55/23113U3