Examples of Supplemental Mortgage Indenture in a sentence
The Company agrees that First Mortgage Bonds authorized pursuant to the Company Mortgage, will be issued containing the terms and conditions and in substantially the form set forth in the Supplemental Mortgage Indenture.
The Company shall make arrangements satisfactory to the Company Mortgage Trustee to effect a concurrent redemption of an equivalent principal amount of corresponding First Mortgage Bonds under the Supplemental Mortgage Indenture.
The Company will not cause or permit the Mortgage or the Pledged Mortgage Bond to be amended to change the amount or time of any prepayment or payment of principal of, or reduce the rate or change the time of payment or method of computation of interest or of the Make-Whole Amount on the Pledged Mortgage Bond as set forth in the Twenty-Fourth Supplemental Mortgage Indenture and the Pledged Mortgage Bond, without the written consent of the holder of each Note.
The CPUC, acting on an application filed by the Company, has issued an opinion authorizing the Company to issue and sell the Debt Securities and to enter into the Fourth Supplemental Indenture and Sierra Pacific Power Company February 13, 1996 Page 3 the Thirty-fifth Supplemental Mortgage Indenture as described above.
For the purpose of providing collateral security for the obligations of the Company with respect to the 4.75% Senior Notes due 2044, the Company shall issue and deliver the 4.75% First Mortgage Bond, Collateral Series due 2044] (the “4.75% Collateral Mortgage Bonds due 2044”) to the Trustee pursuant to the Second Supplemental Mortgage Indenture.
In order to effect the repayment of the Loan with payments made on the First Mortgage Bonds the Company will cause payments of principal, redemption price, premium (if any) and interest to be made directly to the Trustee without surrender or presentation of such First Mortgage Bonds to the Mortgage Trustee under the Supplemental Mortgage Indenture.
No amendment, modification, supplement or other change has been made to the Mortgage since the Twenty-Fourth Supplemental Mortgage Indenture.
The Original Indenture as supplemented and amended as described in the preceding sentence is referred to herein as the "INDENTURE." The Indenture constitutes a direct mortgage lien upon the franchises of the Company and upon the properties therein described as intended to be mortgaged, subject only to the exceptions and encumbrances set forth in the granting clauses of the Indenture and Permitted Encumbrances (as defined in the Eighth Supplemental Mortgage Indenture).
The Company is therefore authorized under the laws of the State of California to execute the Indenture and the Thirty-fifth Supplemental Mortgage Indenture as described above and to issue and sell the Debt Securities upon such terms without any further authorization of any regulatory or governmental body of the State of California.
For the purpose of providing collateral security for the obligations of the Company with respect to the 4.60% Senior Notes due 2043, the Company shall issue and deliver the 4.60% First Mortgage Bond, Collateral Series due 2043 (the “4.60% Collateral Mortgage Bonds due 2043”) to the Trustee pursuant to the Second Supplemental Mortgage Indenture.