EXHIBIT 3.03B
FORM OF NOTICE OF COMPETITIVE BID REQUEST
To the Lenders party to
the Credit Agreement
referred to below
[Date]
Ladies and Gentlemen:
Reference is made to the Credit Agreement, dated as
, 1996 (the 'CREDIT AGREEMENT'), among Northeast Utilities, The Connecticut
Power and Light Company and Western Massachusetts Electric Company, the Banks
and Agents named therein, and Citibank, N.A., as Administrative Agent.
Capitalized terms used herein and not otherwise defined herein shall have
the meanings assigned to such terms in the Credit Agreement. [NAME OF XXXXXXXX]
made a Competitive Bid Request on , 19 , pursuant to Section
3.03(b)(i) of the Credit Agreement requesting a Competitive Borrowing
consisting of [Fixed Rate] [Eurodollar] Competitive Advances, and in that
connection you are invited to submit a Competitive Bid by [Date]/[Time].{1}
Your Competitive Bid must comply with Section 3.03(b)(ii) of the Credit
Agreement and the terms set forth on the Competitive Bid Request attached as
ScheduleI hereto.
Very truly yours,
CITIBANK, N.A.,
as Administrative Agent
By__________________________
Title:
''FOOTNOTES''
{1 }The Competitive Bid must be received by the Administrative Agent (i) in the
case of a proposed Competitive Borrowing to consist of Eurodollar Competitive
Advances, by telex or telecopier not later than 9:30 a.m. (New York City time),
three Business Days prior to a proposed Competitive Borrowing and (ii)in the
case of a proposed Competitive Borrowing to consist of Fixed Rate Competitive
Advances, by telex or telecopier not later than 9:30 a.m. (New York City time),
on the day of a proposed Competitive Borrowing.
