Common use of TWELVE SINKING FUNDS Clause in Contracts

TWELVE SINKING FUNDS. 71 SECTION 1201. Applicability of Article ..................................... 71 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72

TWELVE SINKING FUNDS. 71 44 SECTION 1201. Applicability of Article ..................................... 71 Article................................................................. 44 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 .................................... 45 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72Fund................................................ 45

TWELVE SINKING FUNDS. 71 61 SECTION 1201. Applicability of Article ..................................... 71 Article.................................................................61 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 ....................................61 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72Fund................................................61

TWELVE SINKING FUNDS. 71 59 SECTION 1201. Applicability of Article ..................................... 71 Article.....................................59 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 ........59 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72Fund....................59 ARTICLE THIRTEEN MISCELLANEOUS............................................60 SECTION 1301. Counterparts.................................................60 TESTIMONIUM................................................................60

TWELVE SINKING FUNDS. 71 SECTION 70 Section 1201. Applicability of Article ..................................... 71 SECTION Article..............................................................70 Section 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 SECTION .................................70 Section 1203. Redemption of Securities for Sinking Fund .................... 72Fund.............................................70 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS................................................71

TWELVE SINKING FUNDS. 71 75 SECTION 1201. Applicability of Article ..................................... 71 Article................................ 75 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 ... 76 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72Fund............... 76

TWELVE SINKING FUNDS. 71 59 SECTION 120112.01. Applicability of Article ..................................... 71 Article.........................59 SECTION 120212.02. Satisfaction of Sinking Fund Payments with Securities......... 72 .....................................59 SECTION 120312.03. Redemption of Securities for Sinking Fund .................... 72Fund........59

TWELVE SINKING FUNDS. 71 SECTION 120170 Section 12.1. Applicability of Article ..................................... 71 SECTION 1202Article....................................70 Section 12.2. Satisfaction of Sinking Fund Payments with Debt Securities......... 72 SECTION 1203..70 Section 12.3. Redemption of Debt Securities for Sinking Fund .................... 72Fund..............71 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS.....................71

TWELVE SINKING FUNDS. 71 62 SECTION 1201. Applicability of Article ..................................... 71 Article.......................................................... 62 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 ............................. 62 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72Fund......................................... 63

TWELVE SINKING FUNDS. 71 64 SECTION 120112.01. Applicability of Article ..................................... 71 Article.....................................64 SECTION 120212.02. Satisfaction of Sinking Fund Payments with Securities......... 72 ........64 SECTION 120312.03. Redemption of Securities for Sinking Fund .................... 72Fund....................64

TWELVE SINKING FUNDS. 71 SECTION 120159 Section 12.1. Applicability of Article ..................................... 71 SECTION 1202Article............................... 59 Section 12.2. Satisfaction of Sinking Fund Payments with Securities......... 72 SECTION 1203........................................................ 59 Section 12.3. Redemption of Securities for Sinking Fund .................... 72Fund.............. 59

TWELVE SINKING FUNDS. 71 SECTION 70 Section 1201. Applicability of Article ..................................... 71 SECTION Article...................................................70 Section 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 SECTION ......................70 Section 1203. Redemption of Securities for Sinking Fund .................... 72Fund..................................70

TWELVE SINKING FUNDS. 71 80 SECTION 1201. 1201 Applicability of Article ..................................... 71 .................................................. 80 SECTION 1202. 1202 Satisfaction of Sinking Fund Payments with Securities......... 72 With Securities ..................... 80 SECTION 1203. 1203 Redemption of Securities for Sinking Fund .................... 72................................. 81 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS ...................................... 81

TWELVE SINKING FUNDS. 71 75 SECTION 1201. Applicability of Article ..................................... 71 Article.................................. 75 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 ..... 76 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72Fund................. 76

TWELVE SINKING FUNDS. 71 SECTION 1201. Section 12.01 Applicability of Article ..................................... 71 SECTION 1202. ................................ 82 Section 12.02 Satisfaction of Sinking Fund Payments with Securities......... 72 SECTION 1203. Securities .............................................. 82 Section 12.03 Redemption of Securities for Sinking Fund .................... 72............... 82

TWELVE SINKING FUNDS. 71 SECTION 51 Section 1201. Applicability of Article ..................................... 71 SECTION Article..............................................................51 Section 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 SECTION .................................51 Section 1203. Redemption of Securities for Sinking Fund .................... 72Fund.............................................52 ARTICLE THIRTEEN DEFEASANCE............................................................................52

TWELVE SINKING FUNDS. 71 61 SECTION 1201. Applicability of Article ..................................... 71 Article................................ 61 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 ... 61 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72Fund............... 61 -iii- TABLE OF CONTENTS Page ---- ARTICLE THIRTEEN DEFEASANCE AND COVENANT DEFEASANCE....................... 62

TWELVE SINKING FUNDS. 71 88 SECTION 1201. Applicability of Article ..................................... 71 Article....................................88 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 .......88 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72Fund...................89

TWELVE SINKING FUNDS. 71 SECTION 70 Section 1201. Applicability of Article ..................................... 71 SECTION ............................................... 70 Section 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 SECTION Securities .................. 70 Section 1203. Redemption of Securities for Sinking Fund .................... 72.............................. 70

TWELVE SINKING FUNDS. 71 SECTION 1201. 50 Section 1201 Applicability of Article ..................................... 71 SECTION 1202. Article.........................................................50 Section 1202 Satisfaction of Sinking Fund Payments with Securities......... 72 SECTION 1203. ............................50 Section 1203 Redemption of Securities for Sinking Fund .................... 72Fund........................................50

TWELVE SINKING FUNDS. 71 59 SECTION 1201. Applicability of Article ..................................... 71 Article..........................59 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 ......................................................59 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72Fund.........59

TWELVE SINKING FUNDS. 71 SECTION 120195 Section 12.01. Applicability of Article ..................................... 71 SECTION 1202Article.................................95 Section 12.02. Satisfaction of Sinking Fund Payments with Securities......... 72 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72....96 Section 12.03.

TWELVE SINKING FUNDS. 71 57 SECTION 1201. Applicability of Article ..................................... 71 ................................ 57 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 Securities ... 57 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72............... 58 ARTICLE THIRTEEN Defeasance ............................................... 58 SECTION 1301. Corporation's Option to Effect Defeasance ............... 58 SECTION 1302. Defeasance and Discharge ................................ 58

TWELVE SINKING FUNDS. 71 SECTION 1201. 58 Section 12.01 Applicability of Article ..................................... 71 SECTION 1202. Article......................................... 58 Section 12.02 Satisfaction of Sinking Fund Payments with Securities......... 72 SECTION 1203. ............ 58 Section 12.03 Redemption of Securities for Sinking Fund .................... 72Fund........................ 59

TWELVE SINKING FUNDS. 71 SECTION 120161 Section 12.01. Applicability of Article ..................................... 71 SECTION 1202Article..............................................................61 Section 12.02. Satisfaction of Sinking Fund Payments with Securities......... 72 SECTION 1203.................................61 Section 12.03. Redemption of Securities for Sinking Fund .................... 72Fund.............................................61

TWELVE SINKING FUNDS. 71 72 SECTION 1201. Applicability of Article ..................................... 71 Article.....................................72 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 ........73 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72Fund....................73

TWELVE SINKING FUNDS. 71 56 SECTION 1201. Applicability of Article ..................................... 71 Article. .....................................56 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 . ........56 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72Fund. ....................56

TWELVE SINKING FUNDS. 71 57 SECTION 120112.01. Applicability of Article ..................................... 71 Article.................................57 SECTION 120212.02. Satisfaction of Sinking Fund Payments with Securities......... 72 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72....57

TWELVE SINKING FUNDS. 71 51 SECTION 1201. 12.01 Applicability of Article ..................................... 71 ............................................................. 51 SECTION 1202. 12.02 Satisfaction of Sinking Fund Payments with Securities......... 72 Securities ................................ 51 SECTION 1203. 12.03 Redemption of Securities for Sinking Fund .................... 72............................................ 51

TWELVE SINKING FUNDS. 71 62 SECTION 1201. Applicability of Article ..................................... 71 Article.....................................62 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 ........63 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72Fund....................63

TWELVE SINKING FUNDS. 71 73 SECTION 1201. Applicability of Article ..................................... 71 ............................................. 73 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 Securities ................ 73 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72............................ 73

TWELVE SINKING FUNDS. 71 52 SECTION 1201. Applicability of Article ..................................... 71 Article....................................... 52 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 .......... 52 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72Fund...................... 52 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS............................. 53 SECTION 1301. Applicability of Article....................................... 53 SECTION 1302. Repayment of Securities........................................ 53

TWELVE SINKING FUNDS. 71 88 SECTION 1201. Applicability of Article ..................................... 71 Article.......................................88 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 ..........89 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72Fund......................89

TWELVE SINKING FUNDS. 71 61 SECTION 1201. Applicability of Article ..................................... 71 Article............................. 61 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 ........................................... 62 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72Fund............ 62

TWELVE SINKING FUNDS. 71 SECTION 61 Section 1201. Applicability of Article ..................................... 71 SECTION Article..................................61 Section 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 SECTION .....61 Section 1203. Redemption of Securities for Sinking Fund .................... 72Fund.................61

TWELVE SINKING FUNDS. 71 70 SECTION 1201. Applicability of Article ..................................... 71 Article.............................70 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 .........................................70 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72Fund............71

TWELVE SINKING FUNDS. 71 52 SECTION 1201. Applicability of Article ..................................... 71 Article........................................... 52 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 .............. 52 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72Fund.......................... 52 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS.................................... 53

TWELVE SINKING FUNDS. 71 60 SECTION 1201. Applicability of Article ..................................... 71 Article.................................................60 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 ....................60 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72Fund................................60

TWELVE SINKING FUNDS. 71 68 SECTION 1201. 12.01 Applicability of Article ..................................... 71 Article.............................................. 68 SECTION 1202. 12.02 Satisfaction of Sinking Fund Payments with Securities......... 72 ................. 68 SECTION 1203. 12.03 Redemption of Securities for Sinking Fund .................... 72Fund............................. 68

TWELVE SINKING FUNDS. 71 SECTION 74 Section 1201. Applicability of Article ..................................... 71 SECTION Article.......................................................74 Section 1202. Satisfaction of Sinking Fund Payments with Guaranteed Securities......... 72 SECTION ...............75 Section 1203. Redemption of Guaranteed Securities for Sinking Fund .................... 72Fund...........................75

TWELVE SINKING FUNDS. 71 SECTION 1201. Applicability of Article ..................................... 71 57 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities......... 72 .............57 SECTION 1203. Redemption of Securities for Sinking Fund .................... 72Fund.........................57 ARTICLE THIRTEEN MISCELLANEOUS..................................................58 SECTION 1301. Counterparts......................................................58 TESTIMONIUM.....................................................................59