Common use of Depositary for Global Securities Clause in Contracts

Depositary for Global Securities. The Depositary for any Global Securities of the series of which this ____% Senior Note is a part shall be The Depository Trust Company in The City of New York. SECTION 204. Restrictions on Liens The covenant contained in Section 1007 of the Original Indenture shall not be applicable to the ____% Senior Notes. So long as any of the ____% Senior Notes are outstanding, the Company will not create or suffer to be created or to exist any additional mortgage, pledge, security interest, or other lien (collectively "Liens") on any of its utility properties or tangible assets now owned or hereafter acquired to secure any indebtedness for borrowed money ("Secured Debt"), without providing that the ____% Senior Notes will be similarly secured. This restriction does not apply to the Company's subsidiaries, nor will it prevent any of them from creating or permitting to exist Liens on their property or assets to secure any Secured Debt. Further, this restriction on Secured Debt does not apply to the Company's existing first mortgage bonds that have previously been issued under its Mortgage and Deed of Trust, dated July 1, 1945, between the Company and Liberty Bank and Trust Company of Tulsa, National Association, as successor to The first National Bank and Trust Company of Tulsa, as Trustee or any indenture supplemental thereto; provided that this restriction will apply to future issuances thereunder (other than issuances of refunding first mortgage bonds). In addition, this restriction does not prevent the creation or existence of: (a) Liens on property existing at the time of acquisition or construction of such property (or created within one year after completion of such acquisition or construction), whether by purchase, merger, construction or otherwise, or to secure the payment of all or any part of the purchase price or construction cost thereof, including the extension of any Liens to repairs, renewals, replacements, substitutions, betterments, additions, extensions and improvements then or thereafter made on the property subject thereto; (b) Financing of the Company's accounts receivable for electric service; (c) Any extensions, renewals or replacements (or successive extensions, renewals or replacements), in whole or in part, of liens permitted by the foregoing clauses; and (d) The pledge of any bonds or other securities at any time issued under any of the Secured Debt permitted by the above clauses. In addition to the permitted issuances above, Secured Debt not otherwise so permitted may be issued in an amount that does not exceed 15% of Net Tangible Assets as defined below.

Depositary for Global Securities. The Depositary for any Global Securities of the series of which this ____4.85% Senior Note is a part shall be The Depository Trust Company in The City of New York. SECTION 204. Restrictions on Liens The covenant contained in Section 1007 of the Original Indenture shall not be applicable to the ____4.85% Senior Notes. So long as any of the ____4.85% Senior Notes are outstanding, the Company will not create or suffer to be created or to exist any additional mortgage, pledge, security interest, or other lien (collectively "Liens") on any of its utility properties or tangible assets now owned or hereafter acquired to secure any indebtedness for borrowed money ("Secured Debt"), without providing that the ____4.85% Senior Notes will be similarly secured. This restriction does not apply to the Company's subsidiaries, nor will it prevent any of them from creating or permitting to exist Liens on their property or assets to secure any Secured Debt. Further, this restriction on Secured Debt does not apply to the Company's existing first mortgage bonds that have previously been issued under its Mortgage and Deed of Trust, dated July 1, 1945, between the Company and Liberty Bank and Trust Company of Tulsa, National Association, as successor to The first National Bank and Trust Company of Tulsa, as Trustee or any indenture supplemental thereto; provided that this restriction will apply to future issuances thereunder (other than issuances of refunding first mortgage bonds). In addition, this restriction does not prevent the creation or existence of: (a) Liens on property existing at the time of acquisition or construction of such property (or created within one year after completion of such acquisition or construction), whether by purchase, merger, construction or otherwise, or to secure the payment of all or any part of the purchase price or construction cost thereof, including the extension of any Liens to repairs, renewals, replacements, substitutions, betterments, additions, extensions and improvements then or thereafter made on the property subject thereto; (b) Financing of the Company's accounts receivable for electric service; (c) Any extensions, renewals or replacements (or successive extensions, renewals or replacements), in whole or in part, of liens permitted by the foregoing clauses; and (d) The pledge of any bonds or other securities at any time issued under any of the Secured Debt permitted by the above clauses. In addition to the permitted issuances above, Secured Debt not otherwise so permitted may be issued in an amount that does not exceed 15% of Net Tangible Assets as defined below.

Depositary for Global Securities. The Depositary for any Global Securities of the series of which this ____6.15% Senior Note is a part shall be The Depository Trust Company in The City of New York. SECTION 204. Restrictions on Liens The covenant contained in Section 1007 of the Original Indenture shall not be applicable to the ____6.15% Senior Notes. So long as any of the ____6.15% Senior Notes are outstanding, the Company will not create or suffer to be created or to exist any additional mortgage, pledge, security interest, or other lien (collectively "“Liens"”) on any of its utility properties or tangible assets now owned or hereafter acquired to secure any indebtedness for borrowed money ("“Secured Debt"”), without providing that the ____6.15% Senior Notes will be similarly secured. This restriction does not apply to the Company's ’s subsidiaries, nor will it prevent any of them from creating or permitting to exist Liens on their property or assets to secure any Secured Debt. Further, this restriction on Secured Debt does not apply to the Company's ’s existing first mortgage bonds that have previously been issued under its Mortgage and Deed of Trust, dated July 1, 1945, between the Company and Liberty Bank and Trust Company of Tulsa, National Association, as successor to The first First National Bank and Trust Company of Tulsa, now The Bank of New York, as successor Trustee or any indenture supplemental thereto; provided that this restriction will apply to future issuances thereunder (other than issuances of refunding first mortgage bonds). In addition, this restriction does not prevent the creation or existence of: (a) Liens on property existing at the time of acquisition or construction of such property (or created within one year after completion of such acquisition or construction), whether by purchase, merger, construction or otherwise, or to secure the payment of all or any part of the purchase price or construction cost thereof, including the extension of any Liens to repairs, renewals, replacements, substitutions, betterments, additions, extensions and improvements then or thereafter made on the property subject thereto; (b) Financing of the Company's ’s accounts receivable for electric service; (c) Any extensions, renewals or replacements (or successive extensions, renewals or replacements), in whole or in part, of liens permitted by the foregoing clauses; and (d) The pledge of any bonds or other securities at any time issued under any of the Secured Debt permitted by the above clauses. In addition to the permitted issuances above, Secured Debt not otherwise so permitted may be issued in an amount that does not exceed 15% of Net Tangible Assets as defined below.

Depositary for Global Securities. The Depositary for any Global Securities of the series of which this ____5.375% Senior Note is a part shall be The Depository Trust Company in The City of New York. SECTION 204. Restrictions on Liens The covenant contained in Section 1007 of the Original Indenture shall not be applicable to the ____5.375% Senior Notes. So long as any of the ____5.375% Senior Notes are outstanding, the Company will not create or suffer to be created or to exist any additional mortgage, pledge, security interest, or other lien (collectively "Liens") on any of its utility properties or tangible assets now owned or hereafter acquired to secure any indebtedness for borrowed money ("Secured Debt"), without providing that the ____5.375% Senior Notes will be similarly secured. This restriction does not apply to the Company's subsidiaries, nor will it prevent any of them from creating or permitting to exist Liens on their property or assets to secure any Secured Debt. Further, this restriction on Secured Debt does not apply to the Company's existing first mortgage bonds that have previously been issued under its Mortgage and Deed of TrustIndenture, dated July February 1, 19451940, between the Company and Liberty Bank and Trust Company of TulsaContinental Bank, National AssociationAssociation and M.J. Kruger, as successor to The first National Bank and Trust Company of Tulsa, as Trustee Trustees or any indenture supplemental thereto; provided that this provxxxx xxxx xhis restriction will apply to future issuances thereunder (other than issuances of refunding first mortgage bonds). In addition, this restriction does not prevent the creation or existence of: (a) Liens on property existing at the time of acquisition or construction of such property (or created within one year after completion of such acquisition or construction), whether by purchase, merger, construction or otherwise, or to secure the payment of all or any part of the purchase price or construction cost thereof, including the extension of any Liens to repairs, renewals, replacements, substitutions, betterments, additions, extensions and improvements then or thereafter made on the property subject thereto; (b) Financing of the Company's accounts receivable for electric service; (c) Any extensions, renewals or replacements (or successive extensions, renewals or replacements), in whole or in part, of liens permitted by the foregoing clauses; and (d) The pledge of any bonds or other securities at any time issued under any of the Secured Debt permitted by the above clauses. In addition to the permitted issuances above, Secured Debt not otherwise so permitted may be issued in an amount that does not exceed 15% of Net Tangible Assets as defined below.

Depositary for Global Securities. The Depositary for any Global Securities of the series of which this ____4.70% Senior Note is a part shall be The Depository Trust Company in The City of New York. SECTION 204. Restrictions on Liens The covenant contained in Section 1007 of the Original Indenture shall not be applicable to the ____4.70% Senior Notes. So long as any of the ____4.70% Senior Notes are outstanding, the Company will not create or suffer to be created or to exist any additional mortgage, pledge, security interest, or other lien (collectively "“Liens"”) on any of its utility properties or tangible assets now owned or hereafter acquired to secure any indebtedness for borrowed money ("“Secured Debt"”), without providing that the ____4.70% Senior Notes will be similarly secured. This restriction does not apply to the Company's ’s subsidiaries, nor will it prevent any of them from creating or permitting to exist Liens on their property or assets to secure any Secured Debt. Further, this restriction on Secured Debt does not apply to the Company's ’s existing first mortgage bonds that have previously been issued under its Mortgage and Deed of Trust, dated July 1, 1945, between the Company and Liberty Bank and Trust Company of Tulsa, National Association, as successor to The first First National Bank and Trust Company of Tulsa, now The Bank of New York, as successor Trustee or any indenture supplemental thereto; provided that this restriction will apply to future issuances thereunder (other than issuances of refunding first mortgage bonds). In addition, this restriction does not prevent the creation or existence of: (a) Liens on property existing at the time of acquisition or construction of such property (or created within one year after completion of such acquisition or construction), whether by purchase, merger, construction or otherwise, or to secure the payment of all or any part of the purchase price or construction cost thereof, including the extension of any Liens to repairs, renewals, replacements, substitutions, betterments, additions, extensions and improvements then or thereafter made on the property subject thereto; (b) Financing of the Company's accounts receivable for electric service; (c) Any extensions, renewals or replacements (or successive extensions, renewals or replacements), in whole or in part, of liens permitted by the foregoing clauses; and (d) The pledge of any bonds or other securities at any time issued under any of the Secured Debt permitted by the above clauses. In addition to the permitted issuances above, Secured Debt not otherwise so permitted may be issued in an amount that does not exceed 15% of Net Tangible Assets as defined below.

Depositary for Global Securities. The Depositary for any Global Securities of the series Series of which this ____5.55% Senior Note is a part shall be The Depository Trust Company in The City of New York. SECTION 204. Restrictions on Liens The covenant contained in Section 1007 of the Original Indenture shall not be applicable to the ____5.55% Senior Notes. So long as any of the ____5.55% Senior Notes are outstanding, the Company will not create or suffer to be created or to exist any additional mortgage, pledge, security interest, or other lien (collectively "Liens") on any of its utility properties or tangible assets now owned or hereafter acquired to secure any indebtedness for borrowed money ("Secured Debt"), without providing that the ____5.55% Senior Notes will be similarly secured. This restriction does not apply to the Company's subsidiaries, nor will it prevent any of them from creating or permitting to exist Liens on their property or assets to secure any Secured Debt. Further, this restriction on Secured Debt does not apply to the Company's existing first mortgage bonds that have previously been issued under its Mortgage and Deed of TrustIndenture, dated July February 1, 19451940, between the Company and Liberty Bank and Trust Company of TulsaContinental Bank, National AssociationAssociation and X.X. Xxxxxx, as Trustees, now The Bank of New York and Xxxxxxxxx X. Xxxxx, as successor to The first National Bank and Trust Company of Tulsatrustees, as Trustee or any indenture supplemental thereto; provided that this restriction will apply to future issuances thereunder (other than issuances of refunding first mortgage bonds). In addition, this restriction does not prevent the creation or existence of: (a) Liens on property existing at the time of acquisition or construction of such property (or created within one year after completion of such acquisition or construction), whether by purchase, merger, construction or otherwise, or to secure the payment of all or any part of the purchase price or construction cost thereof, including the extension of any Liens to repairs, renewals, replacements, substitutions, betterments, additions, extensions and improvements then or thereafter made on the property subject thereto; (b) Financing of the Company's accounts receivable for electric service; (c) Any extensions, renewals or replacements (or successive extensions, renewals or replacements), in whole or in part, of liens permitted by the foregoing clauses; and (d) The pledge of any bonds or other securities at any time issued under any of the Secured Debt permitted by the above clauses. In addition to the permitted issuances above, Secured Debt not otherwise so permitted may be issued in an amount that does not exceed 15% of Net Tangible Assets as defined below.

Depositary for Global Securities. The Depositary for any Global Securities of the series of which this ____4.70% Senior Note is a part shall be The Depository Trust Company in The City of New York. SECTION 204. Restrictions on Liens The covenant contained in Section 1007 of the Original Indenture shall not be applicable to the ____4.70% Senior Notes. So long as any of the ____4.70% Senior Notes are outstanding, the Company will not create or suffer to be created or to exist any additional mortgage, pledge, security interest, or other lien (collectively "“Liens"”) on any of its utility properties or tangible assets now owned or hereafter acquired to secure any indebtedness for borrowed money ("“Secured Debt"”), without providing that the ____4.70% Senior Notes will be similarly secured. This restriction does not apply to the Company's ’s subsidiaries, nor will it prevent any of them from creating or permitting to exist Liens on their property or assets to secure any Secured Debt. Further, this restriction on Secured Debt does not apply to the Company's ’s existing first mortgage bonds that have previously been issued under its Mortgage and Deed of Trust, dated July 1, 1945, between the Company and Liberty Bank and Trust Company of Tulsa, National Association, as successor to The first First National Bank and Trust Company of Tulsa, as Trustee or any indenture supplemental thereto; provided that this restriction will apply to future issuances thereunder (other than issuances of refunding first mortgage bonds). In addition, this restriction does not prevent the creation or existence of: (a) Liens on property existing at the time of acquisition or construction of such property (or created within one year after completion of such acquisition or construction), whether by purchase, merger, construction or otherwise, or to secure the payment of all or any part of the purchase price or construction cost thereof, including the extension of any Liens to repairs, renewals, replacements, substitutions, betterments, additions, extensions and improvements then or thereafter made on the property subject thereto; (b) Financing of the Company's ’s accounts receivable for electric service; (c) Any extensions, renewals or replacements (or successive extensions, renewals or replacements), in whole or in part, of liens permitted by the foregoing clauses; and (d) The pledge of any bonds or other securities at any time issued under any of the Secured Debt permitted by the above clauses. In addition to the permitted issuances above, Secured Debt not otherwise so permitted may be issued in an amount that does not exceed 15% of Net Tangible Assets as defined below.