Common use of Initial Principal Amount; Bond Interest Rate; Scheduled Final Payment Date; Final Maturity Date; Required Capital Level Clause in Contracts

Initial Principal Amount; Bond Interest Rate; Scheduled Final Payment Date; Final Maturity Date; Required Capital Level. The Series { } Nuclear Asset-Recovery Bonds {of each WAL} shall have the initial principal amount, bear interest at the rates per annum (the “Bond Interest Rate”) and shall have the Scheduled Final Payment Dates and the Final Maturity Dates set forth below: { } $ { } { } % { }, 20{ } { }, 20{ } { } $ { } { } % { }, 20{ } { }, 20{ } { } $ { } { } % { }, 20{ } { }, 20{ } { } $ { } { } % { }, 20{ } { }, 20{ } The Bond Interest Rate shall be computed on the basis of a 360-day year of twelve 30-day months. The Required Capital Level for the Series { } Nuclear Asset-Recovery Bonds shall be equal to { }% of the initial principal amount thereof.

Appears in 3 contracts

Samples: Indenture (Duke Energy Florida, Llc.), Indenture (Duke Energy Florida, Llc.), Indenture (Duke Energy Florida, Llc.)

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