Existing Secured Indebtedness. First Mortgage Bonds Outstanding under Mortgage and Deed of Trust Dated as of June 1, 1939, as Modified by Supplemental Indentures Thereto SUPPLEMENTAL INDENTURE DATED AS OF SERIES PRINCIPAL AMOUNT ISSUED PRINCIPAL AMOUNT OUTSTANDING NO. DESIGNATION Twenty-Sixth April 1, 1993 24 Secured Medium-Term Notes, Series A ($250,000,000 authorized) $250,000,000 $13,500,000 Thirty-fifth December 1, 2004 33 Collateral Series 2004A $88,850,000 $25,000,000 Thirty-ninth November 1, 2005 39 6.25% Series due 2035 $100,000,000 $50,000,000 $100,000,000 $50,000,000 Forty-first December 1, 2006 41 5.70% Series due 2037 $150,000,000 $150,000,000 Forty-eighth December 1, 2010 48 Collateral Series 2010A $66,700,000 $66,700,000 Forty-eighth December 1, 2010 49 Collateral Series 2010B $17,000,000 $17,000,000 Forty-ninth December 1, 2010 51 5.55% Series due 2040 $35,000,000 $35,000,000 Fifty-third December 1, 2011 54 4.45% Series due 2041 $85,000,000 $85,000,000 Fifty-fourth November 1, 2012 55 4.23% Series due 2047 $80,000,000 $80,000,000 Fifty-seventh December 1, 2014 58 4.11% Series due 2044 $60,000,000 $60,000,000 Fifty-eighth December 1, 2015 59 4.37% Series due 2045 $100,000,000 $100,000,000 Fifty-ninth December 1, 2016 60 3.54% Series due 2051 $175,000,000 $175,000,000 Sixtieth December 1, 2017 61 3.91% Series due 2047 $90,000,000 $90,000,000 Sixty-first May 1, 2018 62 4.35% Series due 2048 $375,000,000 $375,000,000 Sixty-second November 1, 2019 63 3.43% Series due 2049 $180,000,000 $180,000,000 Sixty-third June 1, 2020 64 Collateral Series 2020A due 2026 $400,000,000 $400,000,000 Sixty-fourth September 1, 2020 65 3.07% Series due 2050 $165,000,000 $165,000,000 Sixty-fifth September 1, 2021 66 2.90% Series due 2051 $140,000,000 $140,000,000 Sixty-sixth March 17, 2022 67 4.00% Series due 2052 $400,000,000 $400,000,000 Aggregate principal amount of First Mortgage Bonds outstanding through and including the Sixty-sixth Supplemental Indenture = $2,707,200,000.
Existing Secured Indebtedness. There is no debt secured by liens on the Real Property, or any portion thereof, which will not be released and discharged as of the Closing, other than the Existing Notes and the Existing Liens. None of the Partnerships is in default under the Existing Notes or the Existing Liens, to Xxxxxxxx' knowledge, no event has occurred which, with the passage of time or the giving of notice, or both, would constitute a default thereunder, and EXHIBIT E is true, accurate and complete in all material respects.
Existing Secured Indebtedness. 16 3.22 Employment on "At-Will" Basis......................................16 1.1
Existing Secured Indebtedness. (iv) Indebtedness of any Borrower to any other Borrower or any Eligible Material Subsidiary or Indebtedness of any Eligible Material Subsidiary to any Borrower or any other Eligible Material Subsidiary, in each case to the extent otherwise permitted pursuant to Subparagraph 5.02(e) and Subparagraph 5.02(i); and
Existing Secured Indebtedness. There is no debt secured by liens on the Real Property, or any portion thereof, which will not be released and discharged as of the Closing.
Existing Secured Indebtedness. 21 3.23 Employment on "At-Will" Basis.....................................21 3.24 Additional Representations and Warranties with Respect to the Partnerships..................................................21 3.25 Representations and Warranties of PPL.............................22 3.26 LIMITATIONS ON REPRESENTATIONS AND WARRANTIES.....................23 ARTICLE IV.
Existing Secured Indebtedness. 21 3.26 LIMITATIONS ON REPRESENTATIONS AND WARRANTIES...................22
Existing Secured Indebtedness. The only debt secured by liens on ----------------------------- the Property, or any portion thereof, which will not be released and discharged as of the Closing is the Existing Secured Indebtedness. The descriptions of the Existing Secured Indebtedness, the Existing Note and Existing Liens on Exhibit D hereto are true and correct. Partnership is not in default under the Existing Note or the Existing Liens, and no event has occurred which, with the passage of time or the giving of notice, or both, would constitute a default thereunder.
Existing Secured Indebtedness. There is no debt secured by liens on the Property, or any portion thereof, which will not be released and discharged as of the Closing, other than the Mass Mutual Loans. None of the borrowing parties is in default under the Mass Mutual Loan Documents, to Brandywine OP's knowledge, no event has occurred which, with the passage of time or the giving of notice, or both, would constitute a default thereunder, and EXHIBIT D-2 is true, accurate and complete in all material respects.
Existing Secured Indebtedness. During the Pre-Restructure Period, the parties agree that Supplier's indebtedness owing to the Lenders pursuant to (i) the Credit Agreement dated as of August 14, 1997 among Supplier, KeyBank National Association, as Agent, and the lenders party thereto, as amended, (ii) the Note Agreement dated as of November 1, 1995 between Supplier and Northwestern, as amended, (iii) the Note Agreement dated as of November 1, 1995 between Supplier and Principal, and (iv) certain obligations of Supplier owing under certain lines of credit (collectively, the "Existing Secured Indebtedness") shall receive interest only payments and no amortization of principal so long as the LIFO Loans remain outstanding. In the event of a repayment in full of the LIFO Loans, including, without limitation, any repayment in full generated from the proceeds of a sale of any of Supplier's assets, any remaining prepayments due under the LIFO Loan will be applied to the Outstanding Obligations.
