Common use of Authorization of Bonds Clause in Contracts

Authorization of Bonds. The Company will authorize the issue and sale of $100,000,000 aggregate principal amount of its First Mortgage Bonds, 3.24% Series due June 9, 2050 (the “Bonds”). The Bonds will be issued under and in accordance with and secured by the Mortgage and Deed of Trust, dated as of January 15, 1937 (the “Mortgage and Deed of Trust”), from the Company to The Bank of New York Mellon (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 to the Mortgage and Deed of Trust, dated as of June 1, 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.

Authorization of Bonds. The Company will authorize the issue and sale of $100,000,000 150,000,000 aggregate principal amount of its First Mortgage Bonds, 3.243.45% Series due June 913, 2050 2029 (the “Bonds”). The Bonds will be issued under and in accordance with and secured by the Mortgage and Deed of Trust, dated as of January 15July 1, 1937 1936 (the “Mortgage and Deed of Trust”), from the Company to The Bank of New York Mellon (formerly Irving Trust Companyas 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 Indenture Supplemental to the Mortgage and Deed of TrustIndenture, dated as of June 1May 2, 2020 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.

Authorization of Bonds. The Company will authorize the issue and sale of $100,000,000 125,000,000 aggregate principal amount of its First Mortgage Bonds, 3.24% Series due June 9March 30, 2050 2051 (the “Bonds”). The Bonds will be issued under and in accordance with and secured by the Mortgage and Deed of Trust, dated as of January 15October 1, 1937 1943 (the “Mortgage and Deed of Trust”), from the Company to The Bank of New York Mellon (formerly Irving as successor to The New York Trust Company), as trustee (the “Trustee”), as amended and supplemented through the date hereof and as further amended and supplemented by the Indenture Supplemental to the Mortgage and Deed of TrustIndenture, dated as of June 1February 15, 2020 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.

Authorization of Bonds. The Company will authorize the issue and sale of $100,000,000 75,000,000 aggregate principal amount of its First Mortgage Bonds, 3.245.57% Series due June 9March 15, 2050 2053 (the “Bonds”). The Bonds will be issued under and in accordance with and secured by the Mortgage and Deed of Trust, dated as of January 15, 1937 (the “Mortgage and Deed of Trust”), from the Company to The Bank of New York Mellon (formerly Irving Trust Company), as trustee (the “Trustee”), as amended and supplemented through the date hereof and as further amended and supplemented by the an Indenture Supplemental to the Mortgage and Deed of Trust, dated as of June March 1, 2020 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.

Authorization of Bonds. The Company will authorize the issue and sale of $100,000,000 200,000,000 aggregate principal amount of its First Mortgage Bonds, 3.244.27% Series due June 915, 2050 2048 (the “Bonds”). The Bonds will be issued under and in accordance with and secured by the Mortgage and Deed of Trust, dated as of January 15October 1, 1937 1943 (the “Mortgage and Deed of Trust”), from the Company to The Bank of New York Mellon (formerly Irving as successor to The New York Trust Company), as trustee (the “Trustee”), as amended and supplemented through the date hereof and as further amended and supplemented by the Indenture One Hundred and Twenty-First Supplemental to the Mortgage and Deed of TrustIndenture, dated as of June 1, 2020 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.

Authorization of Bonds. The Company will authorize the issue and sale of $100,000,000 75,000,000 aggregate principal amount of its First Mortgage Bonds, 3.244.14% Series due June 9SERIES DUE DECEMBER 12, 2050 2049 (the “Bonds”). The Bonds will be issued under and in accordance with and secured by the Mortgage and Deed of Trust, dated as of January 15October 1, 1937 1943 (the “Mortgage and Deed of Trust”), from the Company to The Bank of New York Mellon (formerly Irving as successor to The New York Trust Company), as trustee (the “Trustee”), as amended and supplemented through the date hereof and as further amended and supplemented by the Indenture One Hundred and Twenty-Second Supplemental to the Mortgage and Deed of TrustIndenture, dated as of June 1MAY 2, 2020 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.