Amendment to Article Three. The third paragraph of --------------------------- Section 305 of Article Three of the Indenture is hereby supplemented and amended, solely with respect to the Debentures, to read in its entirety as follows: "Subject to Sections 206 and 207, at the option of the Holder, any series of Debentures may be exchanged for other Securities of such series of any authorized denominations, of a like aggregate principal amount and Stated Maturity and of like tenor and terms (including an exchange of Debentures for Exchange Debentures), upon surrender of the Debentures to be exchanged at such office or agency. Whenever any Debentures are so surrendered for exchange, the Company shall execute, and the Trustee shall authenticate and deliver, the Debentures which the Securityholder making the exchange is entitled to receive; provided, that -------- no exchanges of Debentures for Exchange Debentures shall occur until a Registration Statement shall have been declared effective by the Commission (confirmed in an Officers' Certificate delivered to the Trustee) and that any Debentures that are exchanged for Exchange Debentures shall be canceled by the Trustee."
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Amendment to Article Three. The third paragraph of --------------------------- Section -------------------------- 305 of Article Three of the Indenture is hereby supplemented and amended, solely with respect to the DebenturesNotes, to read in its entirety as follows: "Subject to Sections 206 and 207, at the option of the Holder, any series of Debentures Notes may be exchanged for other Securities of such series of any authorized denominations, of a like aggregate principal amount and Stated Maturity and of like tenor and terms (including an exchange of Debentures Notes for Exchange DebenturesNotes), upon surrender of the Debentures Notes to be exchanged at such office or agency. Whenever any Debentures Notes are so surrendered for exchange, the Company shall execute, and the Trustee shall authenticate and deliver, the Debentures Notes which the Securityholder noteholder making the exchange is entitled to receive; provided, -------- that -------- no exchanges of Debentures Notes for Exchange Debentures Notes shall occur until a Registration Statement shall have been declared effective by the Commission (confirmed in an Officers' Certificate delivered to the Trustee) and that any Debentures Notes that are exchanged for Exchange Debentures Notes shall be canceled by the Trustee."
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