Common use of TWELVE SINKING FUNDS Clause in Contracts

TWELVE SINKING FUNDS. 74 Section 1201. Applicability of Article.........................................................74 Section 1202. Satisfaction of Sinking Fund Payments With Securities............................74 Section 1203. Redemption of Securities For Sinking Fund........................................75 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS..........................................................75 Section 1301. Applicability of Article.........................................................75

TWELVE SINKING FUNDS. 74 Section 120153 SECTION 12.01. Applicability of Article.........................................................74 Section 1202..........................................................................53 SECTION 12.02. Satisfaction of Mandatory Sinking Fund Payments With with Securities............................74 Section 1203...................................53 SECTION 12.03. Redemption of Securities For for Sinking Fund........................................75 .........................................................54 PAGE ---- ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS..........................................................75 Section 1301. Applicability of Article.........................................................75' MEETINGS...................................................................................55

TWELVE SINKING FUNDS. 74 52 Section 1201. Applicability of Article.........................................................74 ....................................................52 Section 1202. Satisfaction of Sinking Fund Payments With with Securities............................74 .......................53 Section 1203. Redemption of Securities For for Sinking Fund........................................75 ...................................53 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS..........................................................75 DEFEASANCE..................................................................53 Section 1301. Applicability of Article.........................................................75; Company's Option to Effect Defeasance.............53 Section 1302. Defeasance and Discharge....................................................54 Section 1303. Conditions to Defeasance....................................................54

TWELVE SINKING FUNDS. 74 Section 50 SECTION 1201. Applicability of Article.........................................................74 Section . ............................................................. 50 SECTION 1202. Satisfaction of Sinking Fund Payments With with Securities............................74 Section . ................................ 50 SECTION 1203. Redemption of Securities For for Sinking Fund........................................75 . ............................................ 50 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS..........................................................75 Section HOLDERS ................................................. 51 SECTION 1301. Applicability of Article.........................................................75. ............................................................. 51 SECTION 1302. Repayment of Securities. .............................................................. 51 SECTION 1303.

TWELVE SINKING FUNDS. 74 Section 59 SECTION 1201. Applicability of Article.........................................................74 Section ...................................59 SECTION 1202. Satisfaction of Sinking Fund Payments With with Securities............................74 Section ......59 SECTION 1203. Redemption of Securities For for Sinking Fund........................................75 ..................59 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS..........................................................75 Section MISCELLANEOUS..........................................60 SECTION 1301. Applicability of Article.........................................................75Counterparts...............................................60 TESTIMONIUM..............................................................60

TWELVE SINKING FUNDS. 74 Section 68 SECTION 1201. Applicability of Article.........................................................74 Section ...............................................68 SECTION 1202. Satisfaction of Sinking Fund Payments With Securities............................74 Section with Securities .................68 SECTION 1203. Redemption of Securities For for Sinking Fund........................................75 ..............................68 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS..........................................................75 Section ..................................69 SECTION 1301. Applicability of Article.........................................................75...............................................69 SECTION 1302. Repayment of Securities................................................69

TWELVE SINKING FUNDS. 74 Section 66 SECTION 1201. Applicability of Article.........................................................74 Section Article .................................... 66 SECTION 1202. Satisfaction of Sinking Fund Payments With Securities............................74 Section Securities ....... 66 SECTION 1203. Redemption of Securities For for Sinking Fund........................................75 Fund ................... 67 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS..........................................................75 Section HOLDERS ......................... 67 SECTION 1301. Applicability of Article.........................................................75Article .................................... 67 SECTION 1302. Repayment of Securities ..................................... 67

TWELVE SINKING FUNDS. 74 Section 57 SECTION 1201. Applicability of Article.........................................................74 Section .....................................57 SECTION 1202. Satisfaction of Sinking Fund Payments With with Securities............................74 Section ........58 SECTION 1203. Redemption of Securities For for Sinking Fund........................................75 ....................58 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS..........................................................75 Section MISCELLANEOUS............................................59 SECTION 1301. Applicability of Article.........................................................75Counterparts.................................................59 TESTIMONIUM................................................................60

TWELVE SINKING FUNDS. 74 76 Section 1201. Applicability of Article.........................................................74 ..............................................................76 Section 1202. Satisfaction of Sinking Fund Payments With Securities............................74 .................................76 Section 1203. Redemption of Securities For for Sinking Fund........................................75 .............................................77 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS..........................................................75 .............................................................77 Section 1301. Applicability of Article.........................................................75..............................................................77

TWELVE SINKING FUNDS. 74 75 Section 1201. Applicability of Article.........................................................74 .................................................... 75 Section 1202. Satisfaction of Sinking Fund Payments With Securities............................74 ....................... 75 Section 1203. Redemption of Securities For Sinking Fund........................................75 ................................... 76 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS..........................................................75 .............................................. 76 Section 1301. Applicability of Article.........................................................75.................................................... 76

TWELVE SINKING FUNDS. 74 55 Section 1201. 1201 Applicability of Article.........................................................74 ...................................................................55 Section 1202. 1202 Satisfaction of Sinking Fund Payments With with Securities............................74 ......................................55 Section 1203. 1203 Redemption of Securities For for Sinking Fund........................................75 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS..........................................................75 Section 1301. Applicability of Article.........................................................75..................................................55

TWELVE SINKING FUNDS. 74 80 Section 1201. 12.01 Applicability of Article.........................................................74 ................................................................80 Section 1202. 12.02 Satisfaction of Sinking Fund Payments With with Securities............................74 ...................................80 Section 1203. 12.03 Redemption of Securities For for Sinking Fund........................................75 ...............................................81 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS..........................................................75 DEFEASANCE..............................................................................81 Section 1301. 13.01 Applicability of Article.........................................................75; Company's Option to Effect Defeasance or Covenant Defeasance..81

TWELVE SINKING FUNDS. 74 101 Section 1201. Applicability of Article.........................................................74 ..............................................................101 Section 1202. Satisfaction of Sinking Fund Payments With with Securities............................74 .................................101 Section 1203. Redemption of Securities For for Sinking Fund........................................75 .............................................101 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS..........................................................75 THIRTEEN.......................................................................................102 Section 1301. Applicability of Article.........................................................75Guarantee..............................................................................102 ARTICLE FOURTEEN DEFEASANCE AND COVENANT DEFEASANCE....................................................105

TWELVE SINKING FUNDS. 74 Section 69 SECTION 1201. Applicability of Article.........................................................74 Section .................................................................69 SECTION 1202. Satisfaction of Sinking Fund Payments With with Securities............................74 Section ....................................69 SECTION 1203. Redemption of Securities For for Sinking Fund........................................75 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS..........................................................75 Section 1301. Applicability of Article.........................................................75................................................69

TWELVE SINKING FUNDS. 74 101 Section 1201. Applicability of Article.........................................................74 .................................... 101 Section 1202. Satisfaction of Sinking Fund Payments With with Securities............................74 ....... 101 Section 1203. Redemption of Securities For for Sinking Fund........................................75 ................... 101 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS..........................................................75 THIRTEEN.......................................................... 102 Section 1301. Applicability of Article.........................................................75Guarantee................................................... 102 ARTICLE FOURTEEN DEFEASANCE AND COVENANT DEFEASANCE....................... 105

TWELVE SINKING FUNDS. 74 Section SECTION 1201. Applicability of Article................................................................................................................................... 74 Section SECTION 1202. Satisfaction of Sinking Fund Payments With with Securities......................................................................... 74 Section SECTION 1203. Redemption of Securities For for Sinking Fund................................................................................................. 75 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS........................................................................................................................ 75 Section SECTION 1301. Applicability of Article.........................................................75.......................................................................... 75 SECTION 1302. Repayment of Securities........................................................................... 76 SECTION 1303.

TWELVE SINKING FUNDS. 74 63 Section 1201. Applicability of Article.........................................................74 ...................................................63 Section 1202. Satisfaction of Sinking Fund Payments With with Securities............................74 ......................64 Section 1203. Redemption of Securities For for Sinking Fund........................................75 ..................................64 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF THE HOLDERS..........................................................75 .....................................64 Section 1301. Applicability of Article.........................................................75....................................................64 Section 1302. Repayment of Securities.....................................................64

TWELVE SINKING FUNDS. 74 Section 10 SECTION 1201. Applicability of Article.........................................................74 Section ..........................10 SECTION 1202. Satisfaction of Sinking Fund Payments With with Securities............................74 Section ......................................................10 SECTION 1203. Redemption of Securities For for Sinking Fund........................................75 .........10 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS..........................................................75 Section MISCELLANEOUS.................................10 SECTION 1301. Applicability of Article.........................................................75Counterparts......................................10 TESTIMONIUM.....................................................60

TWELVE SINKING FUNDS. 74 Section 1201. 92 SECTION 12.01 Applicability of Article.........................................................74 Section 1202. ......................................................92 SECTION 12.02 Satisfaction of Sinking Fund Payments With with Securities............................74 Section 1203. .........................92 SECTION 12.03 Redemption of Securities For for Sinking Fund........................................75 .....................................93 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS..........................................................75 Section 1301. Applicability of Article.........................................................75...................................................94

TWELVE SINKING FUNDS. 74 Section 120153 SECTION 12.01. Applicability of Article.........................................................74 Section 1202...............................................................53 SECTION 12.02. Satisfaction of Mandatory Sinking Fund Payments With with Securities............................74 Section 1203........................53 SECTION 12.03. Redemption of Securities For for Sinking Fund........................................75 ..............................................53 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS..........................................................75 Section 1301. Applicability of Article.........................................................75' MEETINGS............................................................................54

TWELVE SINKING FUNDS. 74 61 Section 120112.01. Applicability of Article.........................................................74 .....................................................61 Section 120212.02. Satisfaction of Sinking Fund Payments With with Securities............................74 ........................61 Section 120312.03. Redemption of Securities For for Sinking Fund........................................75 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS..........................................................75 Section 1301. Applicability of Article.........................................................75....................................61

TWELVE SINKING FUNDS. 74 72 Section 1201. Applicability of Article.........................................................74 ........................................................... 72 -vi- 8 TABLE OF CONTENTS (CONTINUED) PAGE Section 1202. Satisfaction of Sinking Fund Payments With with Securities............................74 .............................. 72 Section 1203. Redemption of Securities For for Sinking Fund........................................75 .......................................... 73 ARTICLE THIRTEEN REPAYMENT AT THE OPTION MEETINGS OF HOLDERS..........................................................75 Section 1301. Applicability of Article.........................................................75; ACTION WITHOUT MEETING...................................... 74

TWELVE SINKING FUNDS. 74 Section 51 SECTION 1201. Applicability of Article.........................................................74 Section ....................................................................51 SECTION 1202. Satisfaction of Sinking Fund Payments With with Securities............................74 Section .......................................51 SECTION 1203. Redemption of Securities For for Sinking Fund........................................75 ...................................................51 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS..........................................................75 Section 1301. Applicability of Article.........................................................75- DEFEASANCE AND COVENANT DEFEASANCE................................................................52