Common use of Place and Medium of Payment Clause in Contracts

Place and Medium of Payment. The Bonds shall be payable, with respect to interest, principal and Redemption Price, in any coin or currency of the United States of America which at the time of payment is legal tender for the payment of public and private debts; provided, however, that the Bonds of a Series or of any maturity within a Series may be payable in any coin or currency of any other nation as may be authorized by the Supplemental Indenture authorizing the issuance of such Bonds relating to such Bonds. Except as otherwise provided in Section 4.06 hereof, upon presentation and surrender of Bonds, the principal or Redemption Price of such Bonds shall be payable at the designated corporate trust office of the Trustee. Interest on the Bonds shall be paid by check mailed to the registered owner thereof at the address thereof as it appears on the registry books of the Corporation or if authorized by the Supplemental Indenture authorizing a Series of Bonds by wire transfer to such registered owner of the Bonds of such Series. For purposes of this Section, interest is payable to the registered owner of a Bond at the close of business on the Record Date for such Bond. All payments of principal or Redemption Price of or interest on Bonds shall specify the CUSIP number or numbers of the Bonds in connection with which such payment is made. The Bonds of each Series shall be issued in the form of fully registered Bonds without coupons. Bonds of each Series issued prior to the first Interest Payment Date thereof shall be dated as of the date specified in the Supplemental Indenture authorizing the issuance thereof. Bonds of each Series issued on or subsequent to the first Interest Payment Date thereof shall be dated as of the Interest Payment Date immediately preceding the date of authentication thereof by the Trustee, unless such date of authentication shall be an Interest Payment Date, in which case they shall be dated as of such date of authentication; provided, however, that if, as shown by the records of the Trustee, interest on the Bonds of any Series shall be in default, the Bonds of such Series issued in lieu of Bonds surrendered for transfer or exchange may be dated as of the date to which interest has been paid in full on the Bonds surrendered. Bonds of each Series shall bear interest from their date. All Bonds of each Series shall mature on October 1 of the year or years fixed by the Supplemental Indenture authorizing the issuance of such Bonds. Interest on all Bonds that bear interest at a stated fixed rate to their respective maturity dates shall be payable on April 1 or October 1 of each year. Interest on all other Bonds shall be payable as provided in the Supplemental Indenture authorizing the issuance of such Bonds. The first installment of interest due on the Bonds of a Series may be for such period as the Corporation shall fix in the Supplemental Indenture authorizing the issuance thereof.

Place and Medium of Payment. The Bonds shall be payable, with respect to interest, principal and Redemption Price, in any coin or currency of the United States of America which at the time of payment is legal tender for the payment of public and private debts; provided, however, that the Bonds of a Series or of any maturity within a Series may be payable in any coin or currency of any other nation as may be authorized by the Supplemental Indenture authorizing the issuance of such Bonds relating to such Bonds. Except as otherwise provided in Section 4.06 hereof, upon presentation and surrender of BondsXxxxx, the principal or Redemption Price of such Bonds shall be payable at the designated principal corporate trust office of the Trustee. Interest on the Bonds shall be paid by check mailed to the registered owner thereof at the address thereof as it appears on the registry books of the Corporation or if authorized by the Supplemental Indenture authorizing a Series of Bonds by wire transfer to such registered owner of the Bonds of such Series. For purposes of this Section, interest is payable to the registered owner of a Bond at the close of business on the Record Date for such Bond. All payments of principal or Redemption Price of or interest on Bonds shall specify the CUSIP number or numbers of the Bonds in connection with which such payment is made. The Bonds of each Series shall be issued in the form of fully registered Bonds without coupons. Bonds of each Series issued prior to the first Interest Payment Date interest payment date thereof shall be dated as of the date specified in the Supplemental Indenture authorizing the issuance thereof. Bonds of each Series issued on or subsequent to the first Interest Payment Date interest payment date thereof shall be dated as of the Interest Payment Date interest payment date immediately preceding the date of authentication thereof by the Trustee, unless such date of authentication shall be an Interest Payment Dateinterest payment date, in which case they shall be dated as of such date of authentication; provided, however, that if, as shown by the records of the Trustee, interest on the Bonds of any Series shall be in default, the Bonds of such Series issued in lieu of Bonds surrendered for transfer or exchange may be dated as of the date to which interest has been paid in full on the Bonds surrendered. Bonds of each Series shall bear interest from their date. All Bonds of each Series shall mature on October 1 of the year or years date fixed by the Supplemental Indenture authorizing the issuance of such Bonds. Interest on all Bonds that bear interest at a stated fixed rate to their respective maturity dates shall be payable on April 1 or October 1 of each year. Interest on all other Bonds Series shall be payable as provided in the Supplemental Indenture authorizing the issuance of such Bonds. The first installment of interest due on the Bonds of a Series may be for such period as the Corporation shall fix in the Supplemental Indenture authorizing the issuance thereof.

Place and Medium of Payment. The Bonds shall be payable, with respect to interest, principal and Redemption Price, in any coin or currency of the United States of America which at the time of payment is legal tender for the payment of public and private debts; provided, however, that the Bonds of a Series or of any maturity within a Series may be payable in any coin or currency of any other nation as may be authorized by the Supplemental Indenture authorizing the issuance of such Bonds relating to such Bonds. Except as otherwise provided in Section 4.06 hereof, upon presentation and surrender of Bonds, the principal or Redemption Price of such Bonds shall be payable at the designated corporate trust office of the Trustee. Interest on the Bonds shall be paid by check mailed to the registered owner thereof at the address thereof as it appears on the registry books of the Corporation or if authorized by the Supplemental Indenture authorizing a Series of Bonds by wire transfer to such registered owner of the Bonds of such Series. For purposes of this Section, interest is payable to the registered owner of a Bond at the close of business on the Record Date for such Bond. All payments of principal or Redemption Price of or interest on Bonds shall specify the CUSIP number or numbers of the Bonds in connection with which such payment is made. The Bonds of each Series shall be issued in the form of fully registered Bonds without coupons. Bonds of each Series issued prior to the first Interest Payment Date interest payment date thereof shall be dated as of the date specified in the Supplemental Indenture authorizing the issuance thereof. Bonds of each Series issued on or subsequent to the first Interest Payment Date interest payment date thereof shall be dated as of the Interest Payment Date interest payment date immediately preceding the date of authentication thereof by the Trustee, unless such date of authentication shall be an Interest Payment Dateinterest payment date, in which case they shall be dated as of such date of authentication; provided, however, that if, as shown by the records of the Trustee, interest on the Bonds of any Series shall be in default, the Bonds of such Series issued in lieu of Bonds surrendered for transfer or exchange may be dated as of the date to which interest has been paid in full on the Bonds surrendered. Bonds of each Series shall bear interest from their date. All Bonds of each Series shall mature on October January 1 or July 1 of the year or years fixed by the Supplemental Indenture authorizing the issuance of such Bonds. Interest on all Bonds that bear interest at a stated fixed rate to their respective maturity dates shall be payable on April January 1 or October July 1 of each year. Interest on all other Bonds shall be payable as provided in the Supplemental Indenture authorizing the issuance of such Bonds. The first installment of interest due on the Bonds of a Series may be for such period as the Corporation shall fix in the Supplemental Indenture authorizing the issuance thereof.. DRAFT

Place and Medium of Payment. The Bonds shall be payable, with respect to interest, principal and Redemption Price, in any coin or currency of the United States of America which at the time of payment is legal tender for the payment of public and private debts; provided, however, that the Bonds of a Series or of any maturity within a Series may be payable in any coin or currency of any other nation as may be authorized by the Supplemental Indenture authorizing the issuance of such Bonds relating to such Bonds. Except as otherwise provided in Section 4.06 hereof, upon presentation and surrender of Bonds, the principal or Redemption Price of such Bonds shall be payable at the designated principal corporate trust office of the Trustee. Interest on the Bonds shall be paid by check mailed to the registered owner thereof at the address thereof as it appears on the registry books of the Corporation or or, if authorized by the Supplemental Indenture authorizing a Series of Bonds Bonds, by wire transfer to such registered owner of the Bonds of such Series. For purposes of this Section, interest is payable to the registered re stered owner of a Bond at the close of business on the Record Date for such Bond. All payments of principal or Redemption Price of or interest on Bonds shall specify specifY the CUSIP number or numbers of the Bonds in connection with which such payment is made. The Bonds of each Series shall be issued in the form of fully registered Bonds without w ithout coupons. Bonds of each Series issued prior to the first Interest Payment Date interest payment date thereof shall be dated as of the date specified in the Supplemental Indenture authorizing the issuance thereof. Bonds of each Series issued on or subsequent to the first Interest Payment Date interest payment date thereof shall be dated as of the Interest Payment Date interest payment date immediately preceding the date of authentication thereof by the Trustee, unless such date of authentication shall be an Interest Payment Dateinterest payment date, in which case they shall be dated as of such date of authentication; provided, however, that if, as shown by the records of the Trustee, interest on the Bonds of any Series shall be in default, the Bonds of such Series S eries issued in lieu of Bonds surrendered for transfer or exchange may be dated as of the ofthe date to which interest has been paid in full on the Bonds surrendered. Bonds of each Series shall bear interest from their date. All Bonds of each Series shall mature on October 1 February 15 of the each year or years in which a maturity is fixed by the Supplemental Indenture authorizing the issuance of such Bonds. Interest on all Bonds that bear of each Series, other than interest at a stated fixed rate on Variable Interest Rate Bonds, Capital Appreciation Bonds and Deferred Income Bonds prior to their respective maturity dates the Interest Commencement Date, shall be payable semiannually on April August 1 or October 5th and February 1 5th of each yearyear in which an installment of interest becomes due as fixed in the Supplemental Indenture. Interest on all other Variable Interest Rate Bonds shall be payable at such time as shall be provided in the Supplemental Indenture authorizing the issuance of such Bonds. The first installment of interest due on the Bonds of a Series may be for such period as the Corporation shall fix in the Supplemental Indenture authorizing the issuance thereof.

Place and Medium of Payment. The Bonds shall be payable, with respect to interest, principal and Redemption Price, in any coin or currency of the United States of America which at the time of payment is legal tender for the payment of public and private debts; provided, however, that the Bonds of a Series or of any maturity within a Series may be payable in any coin or currency of any other nation as may be authorized by the Supplemental Indenture authorizing the issuance of such Bonds relating to such Bonds. Except as otherwise provided in Section 4.06 hereof, upon presentation and surrender of Bonds, the principal or Redemption Price of such Bonds shall be payable at the designated principal corporate trust office of the Trustee. Interest on the Bonds shall be paid by check mailed to the registered owner thereof at the address thereof as it appears on the registry books of the Corporation or if authorized by the Supplemental Indenture authorizing a Series of Bonds by wire transfer to such registered owner of the Bonds of such Series. For purposes of this Section, interest is payable to the registered owner of a Bond at the close of business on the Record Date for such Bond. All payments of principal or Redemption Price of or interest on Bonds shall specify the CUSIP number or numbers of the Bonds in connection with which such payment is made. The Bonds of each Series shall be issued in the form of fully registered Bonds without coupons. Bonds of each Series issued prior to the first Interest Payment Date interest payment date thereof shall be dated as of the date specified in the Supplemental Indenture authorizing the issuance thereof. Bonds of each Series issued on or subsequent to the first Interest Payment Date interest payment date thereof shall be dated as of the Interest Payment Date interest payment date immediately preceding the date of authentication thereof by the Trustee, unless such date of authentication shall be an Interest Payment Dateinterest payment date, in which case they shall be dated as of such date of authentication; provided, however, that if, as shown by the records of the Trustee, interest on the Bonds of any Series shall be in default, the Bonds of such Series issued in lieu of Bonds surrendered for transfer or exchange may be dated as of the date to which interest has been paid in full on the Bonds surrendered. Bonds of each Series shall bear interest from their date. All Bonds of each Series shall mature on October 1 of the year or years date fixed by the Supplemental Indenture authorizing the issuance of such Bonds. Interest on all Bonds that bear interest at a stated fixed rate to their respective maturity dates shall be payable on April 1 or October 1 of each year. Interest on all other Bonds Series shall be payable as provided in the Supplemental Indenture authorizing the issuance of such Bonds. The first installment of interest due on the Bonds of a Series may be for such period as the Corporation shall fix in the Supplemental Indenture authorizing the issuance thereof.

Place and Medium of Payment. The Bonds shall be payable, with respect to interest, principal and Redemption Price, in any coin or currency of the United States of America which at the time of payment is legal tender for the payment of public and private debts; provided, however, that the Bonds of a Series or of any maturity within a Series may be payable in any coin or currency of any other nation as may be authorized by the Supplemental Indenture authorizing the issuance of such Bonds relating to such Bonds. Except as otherwise provided in Section 4.06 hereof, upon presentation and surrender of Bonds, the principal or Redemption Price of such Bonds shall be payable at the designated corporate trust office Corporate Trust Office of the Trustee. Interest on the Bonds shall be paid by check mailed to the registered owner thereof at the address thereof as it appears on the registry books of the Corporation or if authorized by the Supplemental Indenture authorizing a Series of Bonds by wire transfer to such registered owner of the Bonds of such Series. For purposes of this Section, interest is payable to the registered owner of a Bond at the close of business on the Record Date for such Bond. All payments of principal or Redemption Price of or interest on Bonds shall specify the CUSIP number or numbers of the Bonds in connection with which such payment is made. The Bonds of each Series shall be issued in the form of fully registered Bonds without coupons. Bonds of each Series issued prior to the first Interest Payment Date interest payment date thereof shall be dated as of the date specified in the Supplemental Indenture authorizing the issuance thereof. Bonds of each Series issued on or subsequent to the first Interest Payment Date interest payment date thereof shall be dated as of the Interest Payment Date interest payment date immediately preceding the date of authentication thereof by the Trustee, unless such date of authentication shall be an Interest Payment Dateinterest payment date, in which case they shall be dated as of such date of authentication; provided, however, that if, as shown by the records of the Trustee, interest on the Bonds of any Series shall be in default, the Bonds of such Series issued in lieu of Bonds surrendered for transfer or exchange may be dated as of the date to which interest has been paid in full on the Bonds surrendered. Bonds of each Series shall bear interest from their date. All Bonds of each Series shall mature on October 1 of the year or dates and in the years fixed by the Supplemental Indenture authorizing the issuance of such Bonds. Interest on all Bonds that bear interest at a stated fixed rate to their respective maturity dates shall be payable on April June 1 or October December 1 of each year. Interest on all other Bonds shall be payable as provided in the Supplemental Indenture authorizing the issuance of such Bonds. The first installment of interest due on the Bonds of a Series may be for such period as the Corporation shall fix in the Supplemental Indenture authorizing the issuance thereof.

Place and Medium of Payment. The Bonds shall be payable, Principal and interest with respect to interest, principal and Redemption Price, in any coin or currency series of the United States of America which at the time of payment is legal tender for the payment of public and private debts; provided, however, that the Bonds of a Series or of any maturity within a Series may Debt Securities shall be payable in the currency specified in the supplemental indenture authorizing such series. Subject to the provisions of the supplemental indenture authorizing such series, the principal of, and premium, if any, on, any coin or currency Debt Security shall be payable at the principal office of the Trustee if the Trustee acts as a Paying Agent for such series or, at the option of the Holder, at the principal office of any other nation as may be authorized by the Supplemental Indenture authorizing the issuance of such Bonds relating to such Bonds. Except as otherwise provided in Section 4.06 hereof, Paying Agent upon presentation and surrender of Bondssuch Debt Security. Subject to the provisions of the supplemental indenture authorizing such series, the principal or Redemption Price of such Bonds interest on Debt Securities bearing coupons shall be payable at the designated corporate trust principal office of the TrusteeTrustee if the Trustee acts as a Paying Agent for such series or, at the option of the Holder, at the principal office of any other Paying Agent upon presentation and surrender of the coupons representing such interest. Interest As the interest on fully registered Debt Securities becomes due (except in the Bonds case of payment of interest at Maturity or on redemption which shall be paid by check mailed to the registered owner thereof at the address thereof as it appears on the registry books of the Corporation or if authorized by the Supplemental Indenture authorizing a Series of Bonds by wire transfer to such registered owner of the Bonds presentation and surrender of such Series. For purposes of Debt Securities for payment and except as hereinafter in this SectionSection 2.3 provided), interest is payable to the registered owner of a Bond Company shall, at the close of business on the Record Date for such Bond. All payments of principal or Redemption Price of or interest on Bonds shall specify the CUSIP number or numbers of the Bonds in connection with which such payment is made. The Bonds of each Series shall be issued in the form of fully registered Bonds without coupons. Bonds of each Series issued least five days prior to the first Interest Payment Date thereof shall be dated as of the date specified in the Supplemental Indenture authorizing the issuance thereof. Bonds of each Series issued on or subsequent to the first Interest Payment Date thereof shall be dated as of the Interest Payment Date immediately preceding the date of authentication thereof by the Trustee, unless such date of authentication shall be an Interest Payment Date, forward, or cause to be forwarded, by pre-paid ordinary mail, to the Holder for the time being, or, in which the case they shall be dated as of joint Holders, to whichever of such date of authentication; provided, however, that if, as shown joint Holders is named first in the appropriate register maintained by the records Company for such purpose, at his or her address appearing in such register, a cheque drawn on the Company's bankers for such interest (less any tax required by law to be deducted), payable to the order of such Holder or Holders and negotiable at par at any Canadian chartered bank in Canada or at such other places at which interest upon Debt Securities of any series is stated to be payable under the supplemental indenture authorizing such series of Debt Securities. The forwarding of such cheque shall satisfy and discharge the liability for the interest upon such Debt Securities to the extent of the Trustee, interest on sums represented thereby (plus the Bonds amount of any Series shall tax deducted as aforesaid) unless such cheque be in default, not paid on presentation. In the Bonds event of the non-receipt of such Series cheque by such Holder or the loss or destruction thereof the Company, upon being furnished with reasonable evidence of such non-receipt, loss or destruction and an indemnity in amount and form reasonably satisfactory to it, shall issue or cause to be issued to such Holder a replacement cheque for the amount of such cheque. The Company, in lieu of Bonds surrendered for transfer forwarding, or exchange causing to be forwarded, any such cheque in payment of interest, may be dated as at its option pay interest to or to the order of such Holder (i) at the principal office of the date to which interest has been paid in full on Trustee if the Bonds surrendered. Bonds of each Series shall bear interest from their date. All Bonds of each Series shall mature on October 1 Trustee acts as a Paying Agent for such series or, at the option of the year Holder, at the principal office of any other Paying Agent, or years fixed (ii) by electronic funds transfer to an account maintained by the Supplemental Indenture authorizing the issuance of such Bonds. Interest on all Bonds Person entitled thereto (at that bear interest at a stated fixed rate to their respective maturity dates shall be payable on April 1 or October 1 of each year. Interest on all other Bonds shall be payable Person's expense) as provided specified in the Supplemental Indenture authorizing the issuance register for that series of such Bonds. The first installment of interest due on the Bonds of a Series may be for such period as the Corporation shall fix in the Supplemental Indenture authorizing the issuance thereofDebt Securities.

Place and Medium of Payment. The Bonds shall be payable, with respect to interest, principal and Redemption Price, in any coin or currency of the United States of America which at the time of payment is legal tender for the payment of public and private debts; provided, however, that the Bonds of a Series or of any maturity within a Series may be payable in any coin or currency of any other nation as may be authorized by the Supplemental Indenture authorizing the issuance of such Bonds relating to such Bonds. Except as otherwise provided in Section 4.06 hereof, upon presentation and surrender of Bonds, the principal or Redemption Price of such Bonds shall be payable at the designated corporate trust office of the Trustee. Interest on the Bonds shall be paid by check mailed to the registered owner thereof at the address thereof as it appears on the registry books of the Corporation or if authorized by the Supplemental Indenture authorizing a Series of Bonds by wire transfer to such registered owner of the Bonds of such Series. For purposes of this Section, interest is payable to the registered owner of a Bond at the close of business on the Record Date for such Bond. All payments of principal or Redemption Price of or interest on Bonds shall specify the CUSIP number or numbers of the Bonds in connection with which such payment is made. The Bonds of each Series shall be issued in the form of fully registered Bonds without coupons. Bonds of each Series issued prior to the first Interest Payment Date thereof shall be dated as of the date specified in the Supplemental Indenture authorizing the issuance thereof. Bonds of each Series issued on or subsequent to the first Interest Payment Date thereof shall be dated as of the Interest Payment Date immediately preceding the date of authentication thereof by the Trustee, unless such date of authentication shall be an Interest Payment Date, in which case they shall be dated as of such date of authentication; provided, however, that if, as shown by the records of the Trustee, interest on the Bonds of any Series shall be in default, the Bonds of such Series issued in lieu of Bonds surrendered for transfer or exchange may be dated as of the date to which interest has been paid in full on the Bonds surrendered. Bonds of each Series shall bear interest from their date. All Bonds of each Series shall mature on October January 1 of the year or years fixed by the Supplemental Indenture authorizing the issuance of such Bonds. Interest on all Bonds that bear interest at a stated fixed rate to their respective maturity dates shall be payable on April January 1 or October July 1 of each year. Interest on all other Bonds shall be payable as provided in the Supplemental Indenture authorizing the issuance of such Bonds. The first installment of interest due on the Bonds of a Series may be for such period as the Corporation shall fix in the Supplemental Indenture authorizing the issuance thereof.