Common use of Authorization of Bonds Clause in Contracts

Authorization of Bonds. The Company will authorize the issue and sale of $150,000,000 aggregate principal amount of its First Mortgage Bonds, 3.45% Series due June 13, 2029 (the “Bonds). The Bonds will be issued under and in accordance with and secured by the Mortgage and Deed of Trust, dated July 1, 1936 (the “Mortgage and Deed of Trust”), from the Company to The Bank of New York Mellon (as successor to The Xxxxx National Bank of Washington, D.C.), as trustee (the “Trustee”), as amended and supplemented through the date hereof and as further amended and supplemented by the Supplemental Indenture, dated as of May 2, 2019 (the “Supplemental Indenture”), establishing the terms of the Bonds (the Mortgage and Deed of Trust, as so amended and supplemented, being hereinafter called the “Mortgage”). The Supplemental Indenture shall be substantially in the form set out in Exhibit A hereto, with such changes therefrom, if any, as may be approved by the Purchasers and the Company. Certain capitalized terms used herein shall have the respective meanings ascribed to such terms in the Mortgage unless otherwise defined in Schedule B to this Agreement or the context hereof shall otherwise require. SECTION 2.

Authorization of Bonds. The Company will authorize the issue and sale of $150,000,000 200,000,000 aggregate principal amount of its First Mortgage Bonds, 3.454.27% Series due June 1315, 2029 2048 (the “Bonds”). The Bonds will be issued under and in accordance with and secured by the Mortgage and Deed of Trust, dated July as of October 1, 1936 1943 (the “Mortgage and Deed of Trust”), from the Company to The Bank of New York Mellon (as successor to The Xxxxx National Bank of Washington, D.C.New York Trust Company), as trustee (the “Trustee”), as amended and supplemented through the date hereof and as further amended and supplemented by the One Hundred and Twenty-First Supplemental Indenture, dated as of May 2June 1, 2019 2018 (the “Supplemental Indenture”), establishing the terms of the Bonds (the Mortgage and Deed of Trust, as so amended and supplemented, being hereinafter called the “Mortgage”). The Supplemental Indenture shall be substantially in the form set out in Exhibit A hereto, with such changes therefrom, if any, as may be approved by the Purchasers and the Company. Certain capitalized terms used herein shall have the respective meanings ascribed to such terms in the Mortgage unless otherwise defined in Schedule B to this Agreement or the context hereof shall otherwise require. SECTION 2.

Authorization of Bonds. The Company will authorize the issue and sale of $150,000,000 75,000,000 aggregate principal amount of its First Mortgage Bonds, 3.454.14% Series due June 13SERIES DUE DECEMBER 12, 2029 2049 (the “Bonds”). The Bonds will be issued under and in accordance with and secured by the Mortgage and Deed of Trust, dated July as of October 1, 1936 1943 (the “Mortgage and Deed of Trust”), from the Company to The Bank of New York Mellon (as successor to The Xxxxx National Bank of Washington, D.C.New York Trust Company), as trustee (the “Trustee”), as amended and supplemented through the date hereof and as further amended and supplemented by the One Hundred and Twenty-Second Supplemental Indenture, dated as of May MAY 2, 2019 (the “Supplemental Indenture”), establishing the terms of the Bonds (the Mortgage and Deed of Trust, as so amended and supplemented, being hereinafter called the “Mortgage”). The Supplemental Indenture shall be substantially in the form set out in Exhibit A hereto, with such changes therefrom, if any, as may be approved by the Purchasers and the Company. Certain capitalized terms used herein shall have the respective meanings ascribed to such terms in the Mortgage unless otherwise defined in Schedule B to this Agreement or the context hereof shall otherwise require. SECTION 2.

Authorization of Bonds. The Company will authorize the issue and sale of $150,000,000 100,000,000 aggregate principal amount of its First Mortgage Bonds, 3.453.24% Series due June 139, 2029 2050 (the “Bonds”). The Bonds will be issued under and in accordance with and secured by the Mortgage and Deed of Trust, dated July 1as of January 15, 1936 1937 (the “Mortgage and Deed of Trust”), from the Company to The Bank of New York Mellon (as successor to The Xxxxx National Bank of Washington, D.C.formerly Irving Trust Company), as trustee (the “Trustee”), as amended and supplemented through the date hereof and as further amended and supplemented by the Indenture Supplemental Indentureto the Mortgage and Deed of Trust, dated as of May 2June 1, 2019 2020 (the “Supplemental Indenture”), establishing the terms of the Bonds (the Mortgage and Deed of Trust, as so amended and supplemented, being hereinafter called the “Mortgage”). The Supplemental Indenture shall be substantially in the form set out in Exhibit A hereto, with such changes therefrom, if any, as may be approved by the Purchasers and the Company. Certain capitalized terms used herein shall have the respective meanings ascribed to such terms in the Mortgage unless otherwise defined in Schedule B to this Agreement or the context hereof shall otherwise require. SECTION 2.

Authorization of Bonds. The Company will authorize the issue and sale of $150,000,000 125,000,000 aggregate principal amount of its First Mortgage Bonds, 3.453.24% Series due June 13March 30, 2029 2051 (the “Bonds”). The Bonds will be issued under and in accordance with and secured by the Mortgage and Deed of Trust, dated July as of October 1, 1936 1943 (the “Mortgage and Deed of Trust”), from the Company to The Bank of New York Mellon (as successor to The Xxxxx National Bank of Washington, D.C.New York Trust Company), as trustee (the “Trustee”), as amended and supplemented through the date hereof and as further amended and supplemented by the Supplemental Indenture, dated as of May 2February 15, 2019 2021 (the “Supplemental Indenture”), establishing the terms of the Bonds (the Mortgage and Deed of Trust, as so amended and supplemented, being hereinafter called the “Mortgage”). The Supplemental Indenture shall be substantially in the form set out in Exhibit A hereto, with such changes therefrom, if any, as may be approved by the Purchasers and the Company. Certain capitalized terms used herein shall have the respective meanings ascribed to such terms in the Mortgage unless otherwise defined in Schedule B to this Agreement or the context hereof shall otherwise require. SECTION 2.

Authorization of Bonds. The Company will authorize the issue and sale of $150,000,000 75,000,000 aggregate principal amount of its First Mortgage Bonds, 3.455.57% Series due June 13March 15, 2029 2053 (the “Bonds”). The Bonds will be issued under and in accordance with and secured by the Mortgage and Deed of Trust, dated July 1as of January 15, 1936 1937 (the “Mortgage and Deed of Trust”), from the Company to The Bank of New York Mellon (as successor to The Xxxxx National Bank of Washington, D.C.formerly Irving Trust Company), as trustee (the “Trustee”), as amended and supplemented through the date hereof and as further amended and supplemented by an Indenture Supplemental to the Supplemental IndentureMortgage and Deed of Trust, dated as of May 2March 1, 2019 2023 (the “Supplemental Indenture”), establishing the terms of the Bonds (the Mortgage and Deed of Trust, as so amended and supplemented, being hereinafter called the “Mortgage”). The Supplemental Indenture shall be substantially in the form set out in Exhibit A hereto, with such changes therefrom, if any, as may be approved by the Purchasers and the Company. Certain capitalized terms used herein shall have the respective meanings ascribed to such terms in the Mortgage unless otherwise defined in Schedule B to this Agreement or the context hereof shall otherwise require. SECTION 2.