Common use of Issue of Bonds Clause in Contracts

Issue of Bonds. SECTION 1. Except for Bonds of 2037 Series issued pursuant to Section 13 of Article II of the Original Indenture as amended, the principal amount of Bonds of 2037 Series which may be authenticated and delivered hereunder is limited to $250,000,000 aggregate principal amount. SECTION 2. Bonds of 2037 Series, in the aggregate principal amount permitted in Section 1 of this Part II, may at any time subsequent to the execution hereof be executed by the Company and delivered to the Trustee and shall be authenticated by the Trustee and delivered (either before or after the recording hereof) to or upon the order of the Company evidenced by a writing or writings, signed by its President or one of its Vice Presidents and its Treasurer or one of its Assistant Treasurers, at such time or times as may be requested by the Company subsequent to the receipt by the Trustee of: (1) the certified resolution and the officers' certificate required by Section 3(a) and Section 3(b) of Article III of the Original Indenture as amended; (2) the opinion of counsel required by Section 3(c) of Article III of the Original Indenture as amended; (3) cash, if any, in the amount required to be deposited by Section 3(d) of Article III of the Original Indenture as amended, which shall be held and applied by the Trustee as provided in said Section 3(d); (4) the certificates, instruments, opinions of counsel, prior lien bxxxx xxx xash, if any, required by Section 4 of Article III of the Original Indenture as amended, except that, as required by Part IV of this Supplemental Indenture, property additions purchased, constructed or otherwise acquired on or before December 31, 1946 shall not be made the basis for the authentication and delivery of Bonds of 2037 Series; and (5) the certificates and opinions required by Article XVIII of the Original Indenture as amended.

Issue of Bonds. SECTION 1. Except for There is no limit as to the maximum principal amount of Bonds of 2037 7.90% Series issued pursuant to Section 13 of Article II of that may be authenticated and delivered by the Trustee or which may at any one time be outstanding, except as the Original Indenture as amended, amended limits the principal amount of Bonds of 2037 Series which may be authenticated and delivered hereunder is limited to $250,000,000 aggregate principal amountissued thereunder. SECTION 2. Subsequent to the execution and delivery hereof, Bonds of 2037 Series, 7.90% Series in the aggregate principal amount permitted in Section 1 of this Part II$250,000,000, may at any time subsequent to being the execution hereof initial issue of Bonds of 7.90% Series, shall forthwith be executed by the Company and delivered to the Trustee and shall be authenticated by the Trustee and delivered (either before or after the recording hereof) to or upon the order of the Company evidenced by a writing or writings, signed by its President or one of its Vice Presidents and its Treasurer or one of its Assistant Treasurers, at such time or times as may be requested by the Company subsequent to the receipt by the Trustee of: (1) the certified resolution and the officers' ’ certificate required by Section 3(a) and Section 3(b) of Article III of the Original Indenture as amended; (2) the opinion of counsel required by Section 3(c) of Article III of the Original Indenture as amended; (3) cash, if any, in the amount required to be deposited by Section 3(d) of Article III of the Original Indenture as amended, which shall be held and applied by the Trustee as provided in said Section 3(d); (4) the certificates, instruments, opinions of counsel, prior lien bxxxx xxx xash, if any, officer’s certificate required by Section 4 7(a) of Article III of the Original Indenture as amended, except that, as required by Part IV of this Supplemental Indenture, property additions purchased, constructed or otherwise acquired on or before December 31, 1946 shall not be made the basis for the authentication and delivery of Bonds of 2037 Series; and (5) the certificates and opinions required by Article XVIII of the Original Indenture as amended. SECTION 3. Subsequent to the execution and delivery hereof and subject to Section 1 of this Part II, additional Bonds of 7.90% Series in an unlimited principal amount may be executed by the Company and delivered to the Trustee and shall be authenticated by the Trustee and delivered to or upon the order of the Company evidenced by a writing or writings, signed by its President or one of its Vice Presidents and its Treasurer or one of its Assistant Treasurers, at such time or times as may be requested by the Company subsequent to the receipt by the Trustee of such resolutions, certificates and opinions as are required by the terms of the Original Indenture as amended and compliance with all provisions of the Original Indenture as amended applicable to offerings of Bonds of 7.90% Series.

Issue of Bonds. SECTION Section 1. Except for Bonds of 2037 ____ Series issued pursuant to Section 13 of Article II of the Original Indenture as amended, the principal amount of Bonds of 2037 ____ Series which may be authenticated and delivered hereunder is limited to $250,000,000 ___,000,000 aggregate principal amount. SECTION Section 2. Bonds of 2037 of____ Series, in the aggregate principal amount permitted in Section 1 of this Part II, may at any time subsequent to the execution hereof be executed by the Company and delivered to the Trustee and shall be authenticated by the Trustee and delivered (either before or after the recording hereof) to or upon the order of the Company evidenced by a writing or writings, signed by its President or one of its Vice Presidents and its Treasurer or one of its Assistant Treasurers, at such time or times as may be requested by the Company subsequent to the receipt by the Trustee of: (1) the certified resolution and the officers' certificate required by Section 3(a) and Section 3(b) of Article III of the Original Indenture as amended; (2) the opinion of counsel required by Section 3(c) of Article III of the Original Indenture as amended; (3) cash, if any, in the amount required to be deposited by Section 3(d) of Article III of the Original Indenture as amended, which shall be held and applied by the Trustee as provided in said Section 3(d); (4) the certificates, instruments, opinions of counsel, prior lien bxxxx xxx xash, if any, required by Section 4 of Article III of the Original Indenture as amended, except that, as required by Part IV V of this Supplemental Indenture, property additions purchased, constructed or otherwise acquired on or before December 31, 1946 shall not be made the basis for the authentication and delivery of Bonds of 2037 ____ Series; and (5) the certificates and opinions required by Article XVIII of the Original Indenture as amended.

Issue of Bonds. SECTION Section 1. Except for Bonds of 2037 ____ Series issued pursuant to Section 13 of Article II of the Original Indenture as amended, the principal amount of Bonds of 2037 ____ Series which may be authenticated and delivered hereunder is limited to $250,000,000 ___,000,000 aggregate principal amount. SECTION Section 2. Bonds of 2037 of____ Series, in the aggregate principal amount permitted in Section 1 of this Part II, may at any time subsequent to the execution hereof be executed by the Company and delivered to the Trustee and shall be authenticated by the Trustee and delivered (either before or after the recording hereof) to or upon the order of the Company evidenced by a writing or writings, signed by its President or one of its Vice Presidents and its Treasurer or one of its Assistant Treasurers, at such time or times as may be requested by the Company subsequent to the receipt by the Trustee of: (1) the certified resolution and the officers' certificate required by Section 3(a) and Section 3(b) of Article III of the Original Indenture as amended; (2) the opinion of counsel required by Section 3(c) of Article III of the Original Indenture as amended; (3) cash, if any, in the amount required to be deposited by Section 3(d) of Article III of the Original Indenture as amended, which shall be held and applied by the Trustee as provided in said Section 3(d); (4) the certificates, instruments, opinions of counsel, prior lien bxxxx xxx xashxxxx xxxxx and cash, if any, required by Section 4 of Article III of the Original Indenture as amended, except that, as required by Part IV V of this Supplemental Indenture, property additions purchased, constructed or otherwise acquired on or before December 31, 1946 shall not be made the basis for the authentication and delivery of Bonds of 2037 ____ Series; and (5) the certificates and opinions required by Article XVIII of the Original Indenture as amended.

Issue of Bonds. SECTION 1. Except for Bonds of 2037 2007 Series issued pursuant to Section 13 of Article II of the Original Indenture as amended, the principal amount of Bonds of 2037 2007 Series which may be authenticated and delivered hereunder is limited to $250,000,000 175,000,000 aggregate principal amount. SECTION 2. Bonds of 2037 Series, 2007 Series in the aggregate principal amount permitted in Section 1 of this Part II, may at any time subsequent to the execution hereof be executed by the Company and delivered to the Trustee and shall be authenticated by the Trustee and delivered (either before or after the recording hereof) to or upon the order of the Company evidenced by a writing or writings, signed by its President or one of its Vice Presidents and its Treasurer or one of its Assistant Treasurers, at such time or times as may be requested by the Company subsequent to the receipt by the Trustee of: (1) the certified resolution and the officers' certificate required by Section 3(a) and Section 3(b) of Article III of the Original Indenture as amended; (2) the opinion of counsel required by Section 3(c) of Article III of the Original Indenture as amended; (3) cash, if any, in the amount required to be deposited by Section 3(d) of Article III of the Original Indenture as amended, which shall be held and applied by the Trustee as provided in said Section 3(d); (4) the certificates, instruments, opinions of counsel, prior lien bxxxx xxx xashxxxx xxxxx and cash, if any, required by Section 4 of Article III of the Original Indenture as amended, except that, as required by Part IV V of this Supplemental Indenture, property additions purchased, constructed or otherwise acquired on or before December 31, 1946 shall not be made the basis for the authentication and delivery of Bonds of 2037 2007 Series; and (5) the certificates and opinions required by Article XVIII of the Original Indenture as amended.