Common use of Physical Delivery Clause in Contracts

Physical Delivery. The Bank of New York Mellon Xxx Xxxx Xxxxxx Window A - 3rd Floor New York, NY 10286 Ref: ING USA/Acct. 179369 ING Investment Management LLC 0000 Xxxxxx Xxxxx Xxxx XX, Xxxxx 000 Atlanta, GA 30327-4347 Attn: Xxxxx Xxxx Fax: (000) 000-0000 Name of Nominee in which Notes are to be issued: None Taxpayer I.D. Number: 00-0000000 Name of and Address of Purchaser Principal Amount of Tranche A Bonds to Be Purchased Principal Amount of Tranche B Bonds to Be Purchased Reliastar Life Insurance Company of New York c/o ING Investment Management LLC 0000 Xxxxxx Xxxxx Xxxx XX, Xxxxx 000 Xxxxxxx, Xxxxxxx 00000-0000 Attn: Private Placements Fax: (000) 000-0000 $ 0 $ 300,000 All payments on account of Notes held by such purchaser should be made by wire transfer of immediately available funds (identifying each payment as “Chugach Electric Association 4.75% First Mortgage Bonds, 2011 Series A, Tranche B, due March 15, 2041, PPN 171265 A@0, principal, premium or interest”) for credit to: The Bank of New York Mellon ABA #000000000 Account: IOC 566/INST’L CUSTODY (for scheduled principal and interest payments) Account: IOC 565/INST’L CUSTODY (for all payments other than scheduled principal and interest) For further credit to: RLNY/Acct. 187038 Ref: PPN 171265 A@0 Each such wire transfer should set forth the name of the issuer, the full title (including the coupon rate, issuance date, and final maturity date) of the Notes on account of which such payment is made, and the due date and application (as among principal, premium and interest) of the payment being made.

Physical Delivery. The Bank of New York Mellon Xxx Xxxx Xxxxxx Window A - 3rd Floor New York, NY 10286 Ref: ING USARLIC/Acct. 179369 187035 ING Investment Management LLC 0000 Xxxxxx Xxxxx Xxxx XX, Xxxxx 000 Atlanta, GA 30327-4347 Attn: Xxxxx Xxxx Fax: (000) 000-0000 Name of Nominee in which Notes are to be issued: None Taxpayer I.D. Number: 00-0000000 Name of and Address of Purchaser Principal Amount of Tranche A Bonds to Be Purchased Principal Amount of Tranche B Bonds to Be Purchased Reliastar ING Life Insurance and Annuity Company of New York c/o ING Investment Management LLC 0000 Xxxxxx Xxxxx Xxxx XX, Xxxxx 000 Xxxxxxx, Xxxxxxx 00000-0000 Attn: Private Placements Fax: (000) 000-0000 $ 0 $ 300,000 9,900,000 All payments on account of Notes held by such purchaser should be made by wire transfer of immediately available funds (identifying each payment as “Chugach Electric Association 4.75% First Mortgage Bonds, 2011 Series A, Tranche B, due March 15, 2041, PPN 171265 A@0, principal, premium or interest”) for credit to: The Bank of New York Mellon ABA #000000000 Account: IOC 566/INST’L CUSTODY (for scheduled principal and interest payments) Account: IOC 565/INST’L CUSTODY (for all payments other than scheduled principal and interest) For further credit to: RLNYILIAC/Acct. 187038 216101 Ref: PPN 171265 A@0 Each such wire transfer should set forth the name of the issuer, the full title (including the coupon rate, issuance date, and final maturity date) of the Notes on account of which such payment is made, and the due date and application (as among principal, premium and interest) of the payment being made.

Physical Delivery. The Bank of New York Mellon Xxx Xxxx Xxxxxx Window A - 3rd Floor New York, NY 10286 Ref: ING USA/Acct. 179369 136373 ING Investment Management LLC 0000 Xxxxxx Xxxxx Xxxx XX, Xxxxx 000 Atlanta, GA 30327-4347 Attn: Xxxxx Xxxx Fax: (000) 000-0000 Name of Nominee in which Notes are to be issued: None Taxpayer I.D. Number: 00-0000000 Name of and Address of Purchaser Principal Amount of Tranche A Bonds to Be Purchased Principal Amount of Tranche B Bonds to Be Purchased Reliastar Life Insurance Company of New York c/o ING Investment Management LLC 0000 Xxxxxx Xxxxx Xxxx XX, Xxxxx 000 Xxxxxxx, Xxxxxxx 00000-0000 Attn: Private Placements Fax: (000) 000-0000 $ 0 $ 300,000 13,900,000 All payments on account of Notes held by such purchaser should be made by wire transfer of immediately available funds (identifying each payment as “Chugach Electric Association 4.75% First Mortgage Bonds, 2011 Series A, Tranche B, due March 15, 2041, PPN 171265 A@0, principal, premium or interest”) for credit to: The Bank of New York Mellon ABA #000000000 Account: IOC 566/INST’L CUSTODY (for scheduled principal and interest payments) Account: IOC 565/INST’L CUSTODY (for all payments other than scheduled principal and interest) For further credit to: RLNYRLIC/Acct. 187038 187035 Ref: PPN 171265 A@0 Each such wire transfer should set forth the name of the issuer, the full title (including the coupon rate, issuance date, and final maturity date) of the Notes on account of which such payment is made, and the due date and application (as among principal, premium and interest) of the payment being made.

Physical Delivery. The Bank of New York Mellon Xxx Xxxx Xxxxxx Window A - 3rd Floor New York, NY 10286 Ref: ING USAILIAC/Acct. 179369 216101 ING Investment Management LLC 0000 Xxxxxx Xxxxx Xxxx XX, Xxxxx 000 Atlanta, GA 30327-4347 Attn: Xxxxx Xxxx Fax: (000) 000-0000 Name of Nominee in which Notes are to be issued: None Taxpayer I.D. Number: 00-0000000 Name of and Address of Purchaser Principal Amount of Tranche A Bonds to Be Purchased Principal Amount of Tranche B Bonds to Be Purchased Reliastar ING USA Annuity and Life Insurance Company of New York c/o ING Investment Management LLC 0000 Xxxxxx Xxxxx Xxxx XX, Xxxxx 000 Xxxxxxx, Xxxxxxx 00000-0000 Attn: Private Placements Fax: (000) 000-0000 $ 0 $ 300,000 7,500,000 All payments on account of Notes held by such purchaser should be made by wire transfer of immediately available funds (identifying each payment as “Chugach Electric Association 4.75% First Mortgage Bonds, 2011 Series A, Tranche B, due March 15, 2041, PPN 171265 A@0, principal, premium or interest”) for credit to: The Bank of New York Mellon ABA #000000000 Account: IOC 566/INST’L CUSTODY (for scheduled principal and interest payments) Account: IOC 565/INST’L CUSTODY (for all payments other than scheduled principal and interest) For further credit to: RLNYING USA/Acct. 187038 179369 Ref: PPN 171265 A@0 Each such wire transfer should set forth the name of the issuer, the full title (including the coupon rate, issuance date, and final maturity date) of the Notes on account of which such payment is made, and the due date and application (as among principal, premium and interest) of the payment being made.