Exhibit 4.12
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IDAHO POWER COMPANY
TO
BANKERS TRUST COMPANY
AND
XXXXXXX XXXX,
As Trustees under its Mortgage and Deed of Trust
dated as of October 1, 1937.
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_______________ Supplemental Indenture
providing among other things for Bonds of __________ Series
Dated as of __________, 200_
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TABLE OF CONTENTS(1)
Page
Parties and Recitals....................................................................
Granting Clause and Property Description................................................
DESCRIPTION OF BONDS OF __________ SERIES
Section 1. General terms and redemption provisions......................................
Section 2. Exchange and transfers of Bonds..............................................
Section 3. Form of Bonds................................................................
Section 4. Temporary Bonds..............................................................
ISSUE OF BONDS OF __________ SERIES
Section 5. Issue of Bonds...............................................................
COVENANTS
Section 6. Application of Original Indenture............................................
Section 7. Lawful ownership.............................................................
Section 8. Annual certificate as to defaults............................................
THE TRUSTEES
Acceptance of trust.....................................................................
Recitals deemed made by the Company.....................................................
MISCELLANEOUS PROVISIONS
Meanings of terms.......................................................................
Ratification and Confirmation...........................................................
Counterparts............................................................................
Testimonium.............................................................................
Signatures and seals....................................................................
Acknowledgments.........................................................................
Affidavits..............................................................................
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(1) This table of contents shall not have any bearing upon the
interpretation of this Supplemental Indenture.
SUPPLEMENTAL INDENTURE, dated as of the _____ day of
__________, 200_ made and entered into by and between IDAHO POWER COMPANY, a
corporation of the State of Idaho (successor by merger to Idaho Power Company, a
corporation of the State of Maine, hereinafter sometimes called the "Maine
Company"), whose address is 0000 Xxxx Xxxxx Xxxxxx, Xxxxx, Xxxxx 00000-0000
(hereinafter sometimes called the "Company"), party of the first part, and
BANKERS TRUST COMPANY, a corporation of the State of New York whose post office
address is Four Albany Street, New York, N.Y. 10006 (hereinafter sometimes
called the "Corporate Trustee"), and Xxxxxxx Xxxx (hereinafter sometimes called
the "Individual Trustee"), parties of the second part (the Corporate Trustee and
the Individual Trustee being hereinafter together sometimes called the
"Trustees"), as Trustees under the Mortgage and Deed of Trust dated as of
October 1, 1937 hereinafter referred to;
WHEREAS, the Maine Company has heretofore executed and
delivered to the Trustees its Mortgage and Deed of Trust (hereinafter sometimes
referred to as the "Original Indenture"), dated as of October 1, 1937, to secure
the payment both of the principal of and interest and premium, if any, on all
Bonds at any time issued and outstanding thereunder and to declare the terms and
conditions upon which Bonds are to be issued thereunder; and
WHEREAS, the Maine Company was merged into the Company on June
30, 1989;
and
WHEREAS, in order to evidence the succession of the Company to
the Maine Company and the assumption by the Company of the covenants and
conditions of the Maine Company in the Bonds and in the Original Indenture, as
supplemented, contained, and to enable the Company to have and exercise the
powers and rights of the Maine Company under the Original Indenture, as
supplemented, in accordance with the terms thereof, the Company executed and
delivered to the Trustees a Twenty-eighth Supplemental Indenture, dated as of
June 30, 1989 (which supplemental indenture is hereinafter sometimes called the
"Twenty-eighth Supplemental Indenture"); and
WHEREAS, said Twenty-eighth Supplemental Indenture was
recorded in the records of the County of Elko, Nevada; the Counties of Baker,
Grant, Xxxxxx, Malheur, Union and Wallowa, Oregon; the Counties of Ada, Adams,
Bannock, Bear Lake, Xxxxxxx, Xxxxxx, Boise, Bonneville, Butte, Camas, Canyon,
Caribou, Cassia, Clark, Elmore, Gem, Gooding, Idaho, Xxxxxxxxx, Xxxxxx, Lemhi,
Lincoln, Minidoka, Oneida, Owyhee, Payette, Power, Twin Falls, Valley and
Washington, Idaho; the Counties of Lincoln and Sweetwater, Wyoming; and with the
Secretary of State of Montana; and
WHEREAS, in accordance with the terms of the Original
Indenture the Maine Company or the Company has executed and delivered to the
Trustees the following supplemental indentures in addition to the Twenty-eighth
Supplemental Indenture:
DESIGNATION DATED AS OF
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First Supplemental Indenture............................................ July 1, 1939
Second Supplemental Indenture........................................... November 15, 1943
Third Supplemental Indenture............................................ February 1, 1947
Fourth Supplemental Indenture........................................... May 1, 1948
Fifth Supplemental Indenture............................................ November 1, 1949
Sixth Supplemental Indenture............................................ October 1, 1951
Seventh Supplemental Indenture.......................................... January 1, 1957
Eighth Supplemental Indenture........................................... July 15, 1957
Ninth Supplemental Indenture............................................ November 15, 1957
Tenth Supplemental Indenture............................................ April 1, 1958
Eleventh Supplemental Indenture......................................... October 15, 1958
Twelfth Supplemental Indenture.......................................... May 15, 1959
Thirteenth Supplemental Indenture....................................... November 15, 1960
Fourteenth Supplemental Indenture....................................... November 1, 1961
Fifteenth Supplemental Indenture........................................ September 15, 1964
Sixteenth Supplemental Indenture........................................ April 1, 1966
Seventeenth Supplemental Indenture...................................... October 1, 1966
Eighteenth Supplemental Indenture....................................... September 1, 1972
Nineteenth Supplemental Indenture....................................... January 15, 1974
Twentieth Supplemental Indenture........................................ August 1, 1974
Twenty-first Supplemental Indenture..................................... October 15, 1974
Twenty-second Supplemental Indenture.................................... November 15, 1976
Twenty-third Supplemental Indenture..................................... August 15, 1978
Twenty-fourth Supplemental Indenture.................................... September 1, 1979
Twenty-fifth Supplemental Indenture..................................... November 1, 1981
Twenty-sixth Supplemental Indenture..................................... May 1, 1982
Twenty-seventh Supplemental Indenture................................... May 1, 1986
Twenty-ninth Supplemental Indenture..................................... January 1, 1990
Thirtieth Supplemental Indenture........................................ January 1, 1991
Thirty-first Supplemental Indenture..................................... August 15, 1991
Thirty-second Supplemental Indenture.................................... March 15, 1992
Thirty-third Supplemental Indenture..................................... April 1, 1993
Thirty-fourth Supplemental Indenture.................................... December 1, 1993
(2)
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(2) Here will be inserted additional, executed supplemental indentures.
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each of which is supplemental to the Original Indenture (the Original Indenture
and all indentures supplemental thereto together being hereinafter sometimes
referred to as the "Indenture"); and
WHEREAS, the Original Indenture and said Supplemental
Indentures (except said Fifteenth Supplemental Indenture) have each been
recorded in the records of the County of Elko, Nevada; the Counties of Baker,
Grant, Xxxxxx, Malheur, Union and Wallowa, Oregon; the Counties of Ada, Adams,
Bannock, Bear Lake, Xxxxxxx, Xxxxxx, Boise, Bonneville, Butte, Camas, Canyon,
Caribou, Cassia, Clark, Elmore, Gem, Gooding, Idaho, Xxxxxxxxx, Xxxxxx, Lemhi,
Lincoln, Minidoka, Oneida, Owyhee, Payette, Power, Twin Falls, Valley and
Washington, Idaho; the Counties of Lincoln and Sweetwater, Wyoming; and with the
Secretary of State of Montana; and
WHEREAS, the Maine Company or the Company has heretofore
issued Bonds, under and in accordance with the terms of the Indenture in the
following series and aggregate principal amounts:
PRINCIPAL PRINCIPAL
AMOUNT AMOUNT
SERIES ISSUED OUTSTANDING
------ -------- ------------
3-3/4% Series due 1967...................................... $18,000,000 None
3-1/8% Series due 1973...................................... 18,000,000 None
2-3/4% Series due 1977...................................... 5,000,000 None
3% Series due 1978.......................................... 10,000,000 None
2-3/4% Series due 1979...................................... 12,000,000 None
3-1/4% Series due 1981...................................... 15,000,000 None
4-1/2% Series due 1987...................................... 20,000,000 None
4-3/4% Series due 1987...................................... 15,000,000 None
4% Series due April 1988.................................... 10,000,000 None
4-1/2% Series due October 1988.............................. 15,000,000 None
5% Series due 1989.......................................... 15,000,000 None
4-7/8% Series due 1990...................................... 15,000,000 None
4-1/2% Series due 1991...................................... 10,000,000 None
5-1/4% Series due 1996...................................... 20,000,000 None
6-1/8% Series due 1996...................................... 30,000,000 None
7-3/4% Series due 2002...................................... 30,000,000 None
8-3/8% Series due 2004...................................... 35,000,000 None
10% Series due 2004......................................... 50,000,000 None
8-1/2% Series due 2006...................................... 30,000,000 None
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PRINCIPAL PRINCIPAL
AMOUNT AMOUNT
SERIES ISSUED OUTSTANDING
------ -------- ------------
9% Series due 2008.......................................... 60,000,000 None
10-1/4% Series due 2003..................................... 62,000,000 None
First Mortgage Bonds, 1984 Series........................... 10,100,000 None
16.10% Series due 1991-1992................................. 50,000,000 None
Pollution Control Series A.................................. 49,800,000 49,800,000
8.65% Series due 2000....................................... 80,000,000 80,000,000
9.50% Series due 2021....................................... 75,000,000 75,000,000
9.52% Series due 2031....................................... 25,000,000 25,000,000
8% Series due 2004.......................................... 50,000,000 50,000,000
8 3/4% Series due 2027...................................... 50,000,000 50,000,000
Secured Medium-Term Notes, Series A......................... 190,000,000 160,000,000
Secured Medium-Term Notes, Series B......................... 197,000,000 197,000,000
(3)
which bonds are hereinafter sometimes called bonds of the First through
__________ Series; and
WHEREAS, the Company, in accordance with the provisions of the
Indenture and pursuant to appropriate resolutions of its Board of Directors, has
duly determined to make, execute and deliver to the Trustees this __________
Supplemental Indenture for the purposes herein provided, including the issuance
of a __________ Series of Bonds under the Indenture, in the aggregate principal
amount of up to __________ Million Dollars ($__________), to be designated as
"First Mortgage Bonds, _____% Series due __________" ["First Mortgage Bonds,
Secured Medium-Term Notes, Series _____"](4) (herein sometimes called the "Bonds
of __________ Series"); and
WHEREAS, it is also now desired, for the purpose of more
effectually carrying out the purposes of the Original Indenture, to confirm
specifically the subjection to the lien thereof and of the Indenture of the
certain property acquired by the Company in addition to the property
specifically described in the Original Indenture and in said First, Second,
Third, Fourth, Fifth, Sixth, Seventh, Ninth, Tenth, Eleventh, Twelfth,
Thirteenth, Fourteenth, Sixteenth, Seventeenth,
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(3) Here will be inserted additional outstanding series of bonds.
(4) Bracketed language will be inserted in lieu of words "First Mortgage
Bonds, _____% Series due in any supplemental indenture relating to the
issuance of First Mortgage Bonds which are designated "Secured
Medium-Term Notes, Series ______".
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Eighteenth, Nineteenth, Twenty-first, Twenty-second, Twenty-third,
Twenty-fourth, Twenty-fifth, Twenty-sixth, Twenty-seventh, Twenty-eighth,
Twenty-ninth, Thirtieth, Thirty-first, Thirty-second, Thirty-third,
Thirty-fourth and __________5 Supplemental Indentures; and
WHEREAS, all things necessary to make said Bonds of _________
Series, when duly authenticated by the Corporate Trustee and issued by the
Company, valid and legally binding obligations of the Company and to make the
Original Indenture, as heretofore supplemented and as supplemented hereby, a
valid and legally binding instrument for the security thereof, have been
performed, and the execution and delivery of this __________ Supplemental
Indenture and the issue of said Bonds as in this __________ Supplemental
Indenture provided have been in all respects duly authorized:
NOW, THEREFORE, THIS INDENTURE WITNESSETH:
That in consideration of the premises and of One Dollar to it
duly paid by the Trustees at or before the ensealing and delivery of these
presents, the receipt whereof is hereby acknowledged, and in order to secure the
payment both of the principal of and interest and premium, if any, on all Bonds
at any time issued and outstanding under the Indenture, according to their tenor
and effect, and the performance of all the provisions of the Indenture and of
said Bonds, the Company has duly executed and delivered to the Trustees this
__________ Supplemental Indenture and has granted, bargained, sold, released,
conveyed, assigned, transferred, mortgaged, pledged, set over and confirmed and
by these presents does grant, bargain, sell, release, convey, assign, transfer,
mortgage, pledge, set over and confirm unto Xxxxxxx Xxxx and (to the extent of
its legal capacity to hold the same for the purposes hereof) unto Bankers Trust
Company, as Trustees as aforesaid, and to their successor or successors in said
trust, and to them and their successors, heirs and assigns forever, all
property, whether real, personal or mixed (except any hereinafter expressly
excepted), and wheresoever situated, acquired since the date of said Original
Indenture by and now or hereafter owned by the Company.
TOGETHER with all and singular the tenements, hereditaments
and appurtenances belonging or in any wise appertaining to the aforesaid
Property or any part thereof, with the reversion and reversions, remainder and
remainders, and (subject to the provisions of Section 57 of the Original
Indenture) the tolls, rents, revenues, issues, earnings, income, product and
profits thereof, and all the estate, right, title and interest and claim
whatsoever, at law as well as in equity, which the Company now has or may
hereafter acquire in and to the aforesaid property and franchises and every part
and parcel thereof.
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(5) Here will be inserted additional, executed supplemental indentures.
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It is not intended herein or hereby to include in or subject
to the lien of the Indenture, and the granting clauses hereof shall not be
deemed to apply to, (1) any revenues, earnings, rents, issues, income or profits
of the mortgaged and pledged property, or any bills, notes or accounts
receivable, contracts or choses in action, except to the extent permitted by law
in case a completed default specified in Section 65 of the Indenture shall have
occurred and be continuing and either or both of the Trustees, or a receiver or
trustee, shall have entered upon or taken possession of the mortgaged and
pledged property, or (2) in any case, unless specifically subjected to the lien
thereof, any bonds, notes, evidences of indebtedness, shares of stock, or other
securities or any cash (except cash deposited with the Corporate Trustee
pursuant to any provisions of the Indenture) or any goods, wares, merchandise,
equipment or apparatus manufactured or acquired for the purpose of sale or
resale in the usual course of business.
TO HAVE AND TO HOLD all such properties, real, personal and
mixed, granted, bargained, sold, released, conveyed, assigned, transferred,
mortgaged, pledged, set over or confirmed by the Company as aforesaid, or
intended so to be, unto the Individual Trustee and (to the extent of its legal
capacity to hold the same for the purposes hereof) unto the Corporate Trustee,
and their successors, heirs and assigns forever;
IN TRUST, NEVERTHELESS, for the same purposes and upon the
same terms, trusts and conditions and subject to and with the same provisions
and covenants as are set forth in the Original Indenture, as amended or modified
by said First, Second, Third, Fourth, Fifth, Sixth, Seventh, Eighth, Ninth,
Tenth, Eleventh, Twelfth, Thirteenth, Fourteenth, Fifteenth, Sixteenth,
Seventeenth, Eighteenth, Nineteenth, Twentieth, Twenty-first, Twenty-second,
Twenty-third, Twenty-fourth, Twenty-fifth, Twenty-sixth, Twenty-seventh,
Twenty-eighth, Twenty-ninth, Thirtieth, Thirty-first, Thirty-second,
Thirty-third and Thirty-fourth Supplemental Indentures and this _________(6)
Supplemental Indenture.
And it is hereby covenanted, declared and decreed by and
between the parties hereto, for the benefit of those who shall hold the Bonds
and interest coupons, or any of them, issued and to be issued under the
Indenture, as follows:
ARTICLE I
DESCRIPTION OF BONDS OF __________ SERIES.
a. The __________ Series of Bonds to be executed,
authenticated and delivered under and secured by the Indenture shall be Bonds of
__________ Series, designated as "First Mortgage Bonds, _____% Series due
__________" of the Company. The Bonds of __________ Series shall be executed,
authenticated and delivered in accordance with the
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(6) Here will be inserted additional, executed supplemental indentures.
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provisions of, and shall in all respects be subject to, all of the terms,
conditions and covenants of the Original Indenture, except insofar as the terms
and provisions of the Original Indenture have been or are amended or modified by
said First through __________ Supplemental Indentures or by this __________
Supplemental Indenture. Bonds of __________ Series shall mature on __________,
and shall be issued as registered Bonds without coupons in denominations of
$1,000 and in any multiple thereof, and shall bear interest, payable on
__________ and __________ of each year, at the rate of _____% per annum until
the principal shall have become due and payable, and, if default shall be made
in the payment of said principal when due and payable, at the rate of _____% per
annum thereafter until the Company's obligation with respect to payment of said
principal shall have been discharged as provided in the Indenture; provided,
however, that if Bonds of __________ Series shall have been declared due and
payable prior to their stated maturity and such declaration shall have been
annulled as provided in the Indenture, the principal of such Bonds shall not be
deemed to have been so declared due and payable. The principal of and interest
and premium, if any, on the Bonds of __________ Series shall be payable at the
office or agency of the Company in the Borough of Manhattan, The City of New
York, and, at the option of the Company, interest on each said Bond may also be
payable at the office of the Company in Boise, Idaho, in such coin or currency
of the United States of America as at the time of payment shall be legal tender
for public and private debts. The interest on the Bonds of __________ Series,
whether in temporary or definitive form, shall be payable without presentation
of such Bonds and (subject to the provisions of this Section 1) only to or upon
the written order of the registered holders thereof.
Except as provided in the next succeeding sentence of this
Section 1, each Bond of __________ Series shall be dated the date of its
authentication and interest shall be payable on the principal represented
thereby from the __________ or __________, as the case may be, next preceding
the date thereof to which interest has been paid, unless the date thereof is a
__________ or __________ to which interest has been paid, in which case such
interest shall be payable from such date or unless such date is prior to
__________, in which case interest shall be payable from __________. Each Bond
of __________ Series authenticated between the record date for any interest
payment date and such interest payment date shall be dated the date of its
authentication, but interest shall be payable from such interest payment date;
provided, however, that if the Company shall default in the payment of the
interest due on such interest payment date, any Bond of __________ Series so
authenticated shall bear interest from the __________ or __________, as the case
may be, next preceding the date of such Bond, to which interest has been paid.
Interest on any Bond of __________ Series shall be paid to the
registered holder of such Bond of __________ Series, or, notwithstanding the
cancellation thereof, the Bond of __________ Series in exchange or substitution
for which such Bond shall have been issued, at the close of business on the
applicable record date; provided, however, that if the Company shall default in
the payment of the interest due on any interest payment date on the principal
represented by any Bond of __________ Series, such defaulted interest shall be
paid to the registered holder of such Bond (or any Bond or Bonds of __________
Series issued upon transfer or exchange
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thereof) on the date of payment of such defaulted interest or, at the election
of the Company, to the person in whose name such Bond (or any Bond or Bonds of
__________ Series issued upon transfer or exchange thereof) is registered on a
subsequent record date established by notice given by mail by or on behalf of
the Company to the holders of Bonds of __________ Series not less than ten (10)
days preceding such subsequent record date. The term "record date" as used in
this Section 1 shall mean, with respect to any semi-annual interest payment date
thereafter, the close of business on __________ or __________, as the case may
be, next preceding such interest payment date or, in the case of defaulted
interest, the close of business on any subsequent record date established as
provided above.
The Bonds of __________ Series, in definitive form, shall be,
at the option of the Company, fully engraved or shall be lithographed or printed
on steel engraved borders or shall be partially lithographed or printed and
partially engraved on steel engraved borders or shall be printed on safety paper
or shall be typewritten.
(7)[a. The __________ Series of Bonds to be executed,
authenticated and delivered under and secured by the Indenture shall be Secured
Medium-Term Notes, Series _____, designated as "First Mortgage Bonds, Secured
Medium-Term Notes, Series _____ "of the Company. The Bonds of __________ Series
shall be executed, authenticated and delivered in accordance with the provisions
of, and shall in all respects be subject to, all of the terms, conditions and
covenants of the Original Indenture, except insofar as the terms and provisions
of the Original Indenture have been or are amended or modified by said First
through __________ Supplemental Indentures or by this __________ Supplemental
Indenture. Bonds of __________ Series shall be issued from time to time in an
aggregate principal amount not to exceed $__________, be issued as registered
Bonds without coupons in the denominations of $1,000 or in any multiple thereof;
each Bond of __________ Series shall mature on such date not less than
__________ nor more than __________ from date of issue, shall bear interest at
such rate or rates (which may be either fixed or variable) and have such other
terms and provisions not inconsistent with the Indenture as the Board of
Directors may determine in accordance with a resolution filed with the Corporate
Trustee and a written order referring to this __________ Supplemental Indenture;
the principal of and interest on each said Bond to be payable at the office or
agency of the Company in the Borough of Manhattan, The City of New York and, at
the option of the Company, interest on each said Bond may also be payable at the
office of the Company in Boise, Idaho, in such coin or currency of the United
States of America as at the time of payment is legal tender for public and
private debts. Interest on Bonds of __________ Series which bear
------------------
(7) These provisions will be inserted in lieu of Section 1 above in any
supplemental indenture relating to the issuance of First Mortgage Bonds
which are designated "Secured Medium-Term Notes, Series _____".
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interest at a fixed rate shall be payable semiannually on __________ and
__________ of each year and at maturity (each an interest payment date).
Interest on Bonds of __________ Series which bear interest at a variable rate
shall be payable on the dates (each an interest payment date) set forth in a
resolution filed with the Corporate Trustee referring to this __________
Supplemental Indenture.
Notwithstanding the foregoing, so long as there is no existing
default in the payment of interest on the Bonds of __________ Series, all Bonds
of __________ Series authenticated by the Corporate Trustee after the Record
Date hereinafter specified for any interest payment date, and prior to such
interest payment date (unless the date of first authentication of Bonds of such
designated interest rate and maturity is after such Record Date), shall be dated
the date of authentication, but shall bear interest from such interest payment
date, and the person in whose name any Bond of __________ Series is registered
at the close of business on any Record Date with respect to any interest payment
date shall be entitled to receive the interest payable on such interest payment
date, notwithstanding the cancellation of such Bond of __________ Series, upon
any transfer or exchange thereof subsequent to the Record Date and on or prior
to such interest payment date. If the date of first authentication of the Bonds
of __________ Series of a designated interest rate and maturity is after such
Record Date and prior to the corresponding interest payment date, such Bonds
shall bear interest from the Original Interest Accrual Date but payment of
interest shall commence on the second interest payment date succeeding the
Original Interest Accrual Date. "Record Date" for Bonds of __________ Series
which bear interest at a fixed rate shall mean __________ for interest payable
__________ and __________ for interest payable __________, and for Bonds of
__________ Series which bear interest at a variable rate, the date 15 calendar
days prior to any interest payment date, provided that, interest payable on the
maturity date will be payable to the person to whom the principal thereof shall
be payable. "Original Interest Accrual Date" with respect to Bonds of __________
Series of a designated interest rate and maturity shall mean the date of first
authentication of Bonds of such designated interest rate and maturity unless a
written order filed with the Corporate Trustee on or before such date shall
specify another date from which interest shall accrue, in which case "Original
Interest Accrual Date" shall mean such other date specified in the written order
for Bonds of such designated interest rate and maturity.
The Bonds of __________ Series, in definitive form, shall be,
at the option of the Company, fully engraved or shall be lithographed or printed
on steel engraved borders or shall be partially lithographed or printed and
partially engraved on steel borders or shall be printed on safety paper or shall
be typewritten.]
The holders of the Bonds of __________ Series consent that the
Company may, but shall not be obligated to, fix a record date for the purpose of
determining the holders of Bonds of __________ Series entitled to consent to any
amendment, supplement or waiver. If a record date is fixed, those persons who
are holders at such record date (or their duly designated proxies), and only
those persons, shall be entitled to consent to such amendment, supplement or
waiver or to revoke any consent previously given, whether or not such persons
continue to be holders after
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such record date. No such consent shall be valid or effective for more than 90
days after such record date.
[HERE WILL BE INSERTED REDEMPTION PROVISIONS.]
b. At the option of the registered holder, any Bonds of
__________ Series, upon surrender thereof for cancellation at the office or
agency of the Company in the Borough of Manhattan, The City of New York,
together with a written instrument of transfer (if so required by the Company or
by the Trustees) in form approved by the Company duly executed by the registered
holder or by his duly authorized attorney, shall be exchangeable for a like
aggregate principal amount and maturity of Bonds of __________ Series of other
authorized denominations. Bonds of __________ Series may bear such legends as
may be necessary to comply with any law or with any rules or regulations made
pursuant thereto or with the rules or regulations of any stock exchange or to
conform to usage with respect thereto.
Bonds of __________ Series shall be transferable at the office
or agency of the Company in the Borough of Manhattan, The City of New York.
Notwithstanding the foregoing provisions of this Section 2,
the Company shall not be required to make any transfers or exchanges of Bonds of
__________ Series for a period of fifteen (15) days next preceding any mailing
of notice of redemption, and the Company shall not be required to make transfers
or exchanges of the principal amount of any Bonds of __________ Series so called
or selected for redemption.
c. The Bonds of __________ Series shall be substantially of
the tenor and purport recited in the Original Indenture, and the form thereof
shall be as established by resolution of the Board of Directors or the Executive
Committee of the Board of Directors of the Company, which resolution may provide
that any provisions of such form of Bond may appear on the reverse of such form.
d. Until Bonds of __________ Series in definitive form are
ready for delivery, the Company may execute, and upon its request in writing,
the Corporate Trustee shall authenticate and deliver, in lieu thereof, Bonds of
__________ Series in temporary form, as provided in Section 15 of the Original
Indenture.
ARTICLE II
ISSUE OF BONDS OF __________ SERIES.
e. The Bonds of __________ Series for the aggregate principal
amount of up to __________ Million Dollars ($___________) may be executed by the
Company and delivered to the Corporate Trustee and shall be authenticated by the
Corporate Trustee and
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delivered to or upon the order or orders of the Company, evidenced by a writing
or writings signed by the Company by its President or a Vice President and its
Treasurer or an Assistant Treasurer, pursuant to and upon compliance with the
provisions of Article V, Article VI or Article VII of the Indenture.
ARTICLE III
COVENANTS.
THE COMPANY HEREBY COVENANTS, WARRANTS AND AGREES:
f. That all the terms, conditions, provisos, covenants and
provisions contained in the Indenture shall affect and apply to the property
hereinabove described and conveyed and to the estate, rights, obligations and
duties of the Company and Trustees and the beneficiaries of the trust with
respect to said property, and to the Trustees and their successors as trustees
of said property, in the same manner and with the same effect as if the said
property had been owned by the Company at the time of the execution of the
Original Indenture and had been specifically and at length described in and
conveyed to the Individual Trustee and (to the extent of its legal capacity to
hold the same for the purposes of the Indenture) the Corporate Trustee by the
Original Indenture as a part of the property therein stated to be conveyed.
g. That it is lawfully seized and possessed of all of the
mortgaged and pledged property described in the granting clauses of the
Indenture, which has not heretofore been released from the lien thereof; that it
had or has, at the respective times of execution and delivery of the Original
Indenture, the First, Second, Third, Fourth, Fifth, Sixth, Seventh, Eighth,
Ninth, Tenth, Eleventh, Twelfth, Thirteenth, Fourteenth, Fifteenth, Sixteenth,
Seventeenth, Eighteenth, Nineteenth, Twentieth, Twenty-first (as corrected by
the Twenty-second), Twenty-second, Twenty-third, Twenty-fourth, Twenty-fifth,
Twenty-sixth, Twenty-seventh, Twenty-eighth, Twenty-ninth, Thirtieth,
Thirty-first, Thirty-second, Thirty-third and Thirty-fourth Supplemental
Indentures, and this __________(8) Supplemental Indenture, good right and lawful
authority to mortgage and pledge the mortgaged and pledged property described
therein, as provided in and by the Indenture; and that such mortgaged and
pledged property is, at the actual date of the initial issue of the Bonds of
__________ Series, free and clear of any mortgage, lien, charge or encumbrance
thereon or affecting the title thereto (other than excepted encumbrances) prior
to the lien of the Indenture, except as set forth in the granting clauses of the
Indenture.
h. That it will deliver to the Corporate Trustee annually,
within ninety (90) days after the close of each fiscal year, commencing with the
fiscal year 200_, a certificate from the principal executive officer, principal
financial officer or principal accounting officer as
---------------
(8) Here will be inserted additional, executed supplemental indentures.
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to his or her knowledge of the Company's compliance with all conditions and
covenants under the Indenture. For purposes of this Section 8, such compliance
shall be determined without regard to any period of grace or requirement of
notice provided under the Indenture.
ARTICLE IV
THE TRUSTEES.
The Trustees hereby accept the trust hereby declared and
provided and agree to perform the same upon the terms and conditions in the
Original Indenture, as heretofore supplemented and as supplemented by this
__________ Supplemental Indenture, and in this __________ Supplemental Indenture
set forth, and upon the following terms and conditions:
The Trustees shall not be responsible in any manner whatsoever
for or in respect of the validity or sufficiency of this ____________
Supplemental Indenture or the due execution hereof by the Company or for or in
respect of the recitals contained herein, all of which recitals are made by the
Company only.
ARTICLE V
MISCELLANEOUS PROVISIONS.
All terms contained in the __________ Supplemental Indenture
shall, for all purposes hereof, have the meanings given to such terms in Article
I of the Original Indenture, as amended by Article IV of the Second Supplemental
Indenture.
Except as hereby expressly amended and supplemented, the
Original Indenture heretofore amended and supplemented is in all respects
ratified and confirmed, and all the terms and provisions thereof shall be and
remain in full force and effect.
This __________ Supplemental Indenture may be executed in any
number of counterparts, each of which when so executed shall be deemed to be an
original; but such counterparts together constitute but one and the same
instrument.
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IN WITNESS WHEREOF, Idaho Power Company, party hereto of the
first part, caused its corporate name to be hereunto affixed and this instrument
to be signed and sealed by its President or a Vice President and its corporate
seal to be attested by its Secretary or an Assistant Secretary for and on its
behalf, and Bankers Trust Company, one of the parties hereto of the second part,
in token of its acceptance of the trust hereby created has caused its corporate
name to be hereunto affixed and this instrument to be signed and sealed by an
Assistant Vice President and its corporate seal to be attested by an Assistant
Vice President and Xxxxxxx Xxxx, one of the parties hereto of the second part,
has for all like purposes hereunto set his hand and affixed his seal, each on
the date hereinafter acknowledged, as of the day and year first above written.
IDAHO POWER COMPANY
By_________________________________
Attest:
______________________________
Executed, sealed and delivered by
IDAHO POWER COMPANY
in the presence of:
______________________________
______________________________
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BANKERS TRUST COMPANY
By___________________
Attest:
______________________________
Executed, sealed and delivered by
BANKERS TRUST COMPANY,
in the presence of:
______________________________[L.S.]
Xxxxxxx Xxxx
Executed, sealed and delivered by
XXXXXXX XXXX,
in the presence of:
______________________________
______________________________
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STATE OF IDAHO )
) ss.:
COUNTY OF ADA )
On the _____ day of __________ , in the year 200_, before me
personally came ____________________, to me known, who being by me duly sworn
did depose and say that he resides at _____________________________; that he is
the ___________________ of Idaho Power Company, one of the corporations
described in and which executed the above instrument; that he knows the seal of
said corporation; that the seal affixed to said instrument is such corporate
seal; that it was so affixed by order of the Board of Directors of said
corporation, and that he signed his name thereto by like order; the said
____________________, having personally appeared and known to me to be the
___________________ of said corporation that executed the instrument,
acknowledged to me that said corporation executed the same.
IN WITNESS WHEREOF, I have hereunto subscribed my name and
affixed my official seal the day and year in this certificate first above
written.
________________________________________
Notary Public, Xxxxx xx Xxxxx
-00-
XXXXX XX XXX XXXX )
) ss.:
COUNTY OF NEW YORK )
On the _____ day of __________ , in the year 200_, before me
personally came ____________________, to me known, who being by me duly sworn
did depose and say that he resides at _____________________________; that he is
an ___________________ of Bankers Trust Company, one of the corporations
described in and which executed the above instrument; that he knows the seal of
said corporation; that the seal affixed to said instrument is such corporate
seal; that it was so affixed by order of the Board of Directors of said
corporation, and that he signed his name thereto by like order; the said
____________________, having personally appeared and known to me to be an
___________________ of said corporation that executed the instrument,
acknowledged to me that said corporation executed the same.
IN WITNESS WHEREOF, I have hereunto subscribed my name and
affixed my official seal the day and year in this certificate first above
written.
________________________________________
Notary Public, State of New York
No. __________
Qualified in __________ County
Certificate filed in New York County
Commission Expires __________
-00-
XXXXX XX XXX XXXX )
) ss.:
COUNTY OF NEW YORK )
On the _____ day of __________, in the year 200_, before me,
_______________, a Notary Public in and for the State of New York in the County
of New York, personally appeared and came XXXXXXX XXXX, to me known and known to
me to be the person described in and who executed the within and foregoing
instrument and whose name is subscribed thereto and acknowledged to me that he
executed the same.
IN WITNESS WHEREOF, I have hereunto subscribed my name and
affixed my official seal the day and year in this certificate first above
written.
________________________________________
Notary Public, State of New York
No. __________
Qualified in __________ County
Certificate filed in New York County
Commission Expires __________
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STATE OF IDAHO )
) ss.:
COUNTY OF ADA )
__________, being first duly sworn, upon oath, deposes and
says: that he is an officer, to wit, the __________ of Idaho Power Company, a
corporation, the mortgagor described in the foregoing indenture or mortgage, and
makes this affidavit on behalf of said Idaho Power Company; that said indenture
or mortgage is made in good faith without any design to hinder, delay or defraud
creditors, to secure the indebtedness mentioned to be thereby secured.
________________________________________
Subscribed and sworn to before me
this _____ day of __________, 200_.
________________________________________
Notary Public, Xxxxx xx Xxxxx
-00-
XXXXX XX XXX XXXX )
) ss.:
COUNTY OF NEW YORK )
__________, being first duly sworn, upon oath, deposes and
says: that he is an officer, to wit, an __________ of Bankers Trust Company, a
corporation, one of the mortgagees and trustees named in the foregoing indenture
or mortgage, and makes this affidavit on behalf of said Bankers Trust Company;
that said indenture or mortgage is made in good faith without any design to
hinder, delay or defraud creditors, to secure the indebtedness mentioned or
provided for therein.
________________________________________
Subscribed and sworn to before me
this _____ day of __________, 200_.
________________________________________
Notary Public, State of New York
No. __________
Qualified in __________ County
Certificate filed in New York County
Commission Expires __________
-00-
XXXXX XX XXX XXXX )
) ss.:
COUNTY OF NEW YORK )
XXXXXXX XXXX, being first duly sworn, upon oath, deposes and
says: that he is one of the mortgagees and trustees named in the foregoing
indenture or mortgage; that said indenture or mortgage is made in good faith
without any design to hinder, delay or defraud creditors, to secure the
indebtedness mentioned or provided for therein.
________________________________________
Xxxxxxx Xxxx
Subscribed and sworn to before me
this _____ day of __________, 200_.
________________________________________
Notary Public, State of New York
No. __________
Qualified in __________ County
Certificate filed in New York County
Commission Expires __________
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