Common use of Terms of First Mortgage Bonds Clause in Contracts

Terms of First Mortgage Bonds. The First Mortgage Bonds will have the same stated interest rate, interest payment dates, stated maturity and redemption provisions (including Make-Whole Amount, if any), and will be in the same aggregate principal amount, as the Notes; provided, however, that the interest rate on defaulted principal, Make-Whole Amount, if any, and interest on the First Mortgage Bonds, to the extent permitted by law, is 6% per annum. Payments of the principal of, Make-Whole Amount, if any, and interest on the Notes shall be deemed to satisfy and discharge the Company’s obligation to make such payments on the First Mortgage Bonds. Principal of, Make-Whole Amount, if any, and interest on the First Mortgage Bonds are payable at the principal office of the Mortgage Trustee in Chicago, Illinois or at the Company’s option at the principal office of the Collateral Agent.

Terms of First Mortgage Bonds. The First Mortgage Bonds of each series will have the same stated interest rate, interest payment dates, stated maturity and redemption provisions (including Make-Whole Make‑Whole Amount, if any), and will be in the same aggregate principal amount, as the related Notes; provided, however, that the interest rate on defaulted principal, Make-Whole Make‑Whole Amount, if any, and interest on the First Mortgage Bonds, to the extent permitted by law, is 6% per annum. Payments of the principal of, Make-Whole Make‑Whole Amount, if any, and interest on the Notes of a series shall be deemed to satisfy and discharge the Company’s obligation to make such payments on the related First Mortgage Bonds. Principal of, Make-Whole Make‑Whole Amount, if any, and interest on the First Mortgage Bonds are payable at the principal office of the Mortgage Trustee in Chicago, Illinois or at the Company’s option at the principal office of the Collateral Agent.

Terms of First Mortgage Bonds. The First Mortgage Bonds will have the same stated interest rate, interest payment dates, stated maturity and redemption provisions (including Make-Whole Make‑Whole Amount, if any), and will be in the same aggregate principal amount, as the Notes; provided, however, that the interest rate on defaulted principal, Make-Whole Make‑Whole Amount, if any, and interest on the First Mortgage Bonds, to the extent permitted by law, is 6% per annum. Payments of the principal of, Make-Whole Make‑Whole Amount, if any, and interest on the Notes shall be deemed to satisfy and discharge the Company’s obligation to make such payments on the First Mortgage Bonds. Principal of, Make-Whole Make‑Whole Amount, if any, and interest on the First Mortgage Bonds are payable at the principal office of the Mortgage Trustee in Chicago, Illinois or at the Company’s option at the principal office of the Collateral Agent.