Common use of TERMS OF SENIOR NOTE FIRST MORTGAGE BONDS Clause in Contracts

TERMS OF SENIOR NOTE FIRST MORTGAGE BONDS. Each series of Senior Note First Mortgage Bonds issued and delivered to the Trustee pursuant to Section 401 hereof in respect of a series of Notes being issued hereunder shall have the same rate or rates of interest (or interest calculated in the same manner) (including interest payable following a default on the Notes), interest payment dates, maturity and redemption provisions, and shall be in the same aggregate principal amount, as such series of Notes.

Appears in 3 contracts

Samples: Carolina Power & Light Co, Carolina Power & Light Co, Southern Indiana Gas & Electric Co

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TERMS OF SENIOR NOTE FIRST MORTGAGE BONDS. Each series of Senior Note First Mortgage Bonds issued and bonds delivered to the Trustee pursuant to Section 401 hereof in respect of a series of Notes being issued hereunder shall have the same stated rate or rates of interest (or interest calculated in the same manner) (including interest payable following a default on the Notes), interest payment datesInterest Payment Dates, maturity Stated Maturity and redemption provisions, and shall be in the same aggregate principal amount, as such the related series of NotesNotes being issued.

Appears in 1 contract

Samples: Arizona Public Service Co

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TERMS OF SENIOR NOTE FIRST MORTGAGE BONDS. Each series of Senior Note First Mortgage Bonds issued and delivered to the Trustee pursuant to Section 401 4.01 or Section 4.09 hereof in respect of a series of Notes being issued hereunder shall have the same stated rate or rates of interest (or interest calculated in the same manner) (including interest payable following a default on the Notes), interest payment datesInterest Payment Dates, stated maturity date and redemption provisions, and shall be in the same aggregate principal amount, as such the related series of NotesNotes being issued.

Appears in 1 contract

Samples: Indenture (Oklahoma Gas & Electric Co)

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