Common use of Authorization of Bonds Clause in Contracts

Authorization of Bonds. The Company will authorize the issue and sale of $125,000,000 aggregate principal amount of its First Mortgage Bonds, 3.24% Series due March 30, 2051 (the “Bonds”). The Bonds will be issued under and in accordance with and secured by the Mortgage and Deed of Trust, dated as of October 1, 1943 (the “Mortgage and Deed of Trust”), from the Company to The Bank of New York Mellon (as successor to The New York Trust Company), as trustee (the “Trustee”), as amended and supplemented through the date hereof and as further amended and supplemented by the Supplemental Indenture, dated as of February 15, 2021 (the “Supplemental Indenture”), establishing the terms of the Bonds (the Mortgage and Deed of Trust, as so amended and supplemented, being hereinafter called the “Mortgage”). The Supplemental Indenture shall be substantially in the form set out in Exhibit A hereto, with such changes therefrom, if any, as may be approved by the Purchasers and the Company. Certain capitalized terms used herein shall have the respective meanings ascribed to such terms in the Mortgage unless otherwise defined in Schedule B to this Agreement or the context hereof shall otherwise require.

Authorization of Bonds. The Company will authorize the issue and sale of $125,000,000 75,000,000 aggregate principal amount of its First Mortgage Bonds, 3.245.57% Series due March 3015, 2051 2053 (the “Bonds”). The Bonds will be issued under and in accordance with and secured by the Mortgage and Deed of Trust, dated as of October 1January 15, 1943 1937 (the “Mortgage and Deed of Trust”), from the Company to The Bank of New York Mellon (as successor to The New York formerly Irving Trust Company), as trustee (the “Trustee”), as amended and supplemented through the date hereof and as further amended and supplemented by an Indenture Supplemental to the Supplemental IndentureMortgage and Deed of Trust, dated as of February 15March 1, 2021 2023 (the “Supplemental Indenture”), establishing the terms of the Bonds (the Mortgage and Deed of Trust, as so amended and supplemented, being hereinafter called the “Mortgage”). The Supplemental Indenture shall be substantially in the form set out in Exhibit A hereto, with such changes therefrom, if any, as may be approved by the Purchasers and the Company. Certain capitalized terms used herein shall have the respective meanings ascribed to such terms in the Mortgage unless otherwise defined in Schedule B to this Agreement or the context hereof shall otherwise require. SECTION 2.

Authorization of Bonds. The Company will authorize the issue and sale of $125,000,000 150,000,000 aggregate principal amount of its First Mortgage Bonds, 3.243.45% Series due March 30June 13, 2051 2029 (the “Bonds”). The Bonds will be issued under and in accordance with and secured by the Mortgage and Deed of Trust, dated as of October July 1, 1943 1936 (the “Mortgage and Deed of Trust”), from the Company to The Bank of New York Mellon (as successor to The New York Trust CompanyXxxxx National Bank of Washington, D.C.), as trustee (the “Trustee”), as amended and supplemented through the date hereof and as further amended and supplemented by the Supplemental Indenture, dated as of February 15May 2, 2021 2019 (the “Supplemental Indenture”), establishing the terms of the Bonds (the Mortgage and Deed of Trust, as so amended and supplemented, being hereinafter called the “Mortgage”). The Supplemental Indenture shall be substantially in the form set out in Exhibit A hereto, with such changes therefrom, if any, as may be approved by the Purchasers and the Company. Certain capitalized terms used herein shall have the respective meanings ascribed to such terms in the Mortgage unless otherwise defined in Schedule B to this Agreement or the context hereof shall otherwise require. SECTION 2.

Authorization of Bonds. The Company will authorize the issue and sale of $125,000,000 100,000,000 aggregate principal amount of its First Mortgage Bonds, 3.24% Series due March 30June 9, 2051 2050 (the “Bonds”). The Bonds will be issued under and in accordance with and secured by the Mortgage and Deed of Trust, dated as of October 1January 15, 1943 1937 (the “Mortgage and Deed of Trust”), from the Company to The Bank of New York Mellon (as successor to The New York formerly Irving Trust Company), as trustee (the “Trustee”), as amended and supplemented through the date hereof and as further amended and supplemented by the Indenture Supplemental Indentureto the Mortgage and Deed of Trust, dated as of February 15June 1, 2021 2020 (the “Supplemental Indenture”), establishing the terms of the Bonds (the Mortgage and Deed of Trust, as so amended and supplemented, being hereinafter called the “Mortgage”). The Supplemental Indenture shall be substantially in the form set out in Exhibit A hereto, with such changes therefrom, if any, as may be approved by the Purchasers and the Company. Certain capitalized terms used herein shall have the respective meanings ascribed to such terms in the Mortgage unless otherwise defined in Schedule B to this Agreement or the context hereof shall otherwise require.