Common use of Series of Bonds Clause in Contracts

Series of Bonds. SECTION 1.01 There shall be a series of bonds designated "_______% Series due _______" (herein sometimes referred to as the "_____________ Series"), each of which shall also bear the descriptive title "First Mortgage Bond", and the form thereof, which shall be established by Resolution of the Board of Directors of the Company, shall contain suitable provisions with respect to the matters hereinafter in this Article I specified. Bonds of the ______________ Series shall be issued from time to time as fully registered bonds in denominations of One Thousand Dollars and, at the option of the Company, in any multiple or multiples of One Thousand Dollars (the exercise of such option to be evidenced by the execution and delivery thereof). Bonds of the _____ Series shall bear interest at the rate of ____ % per annum, payable semi-annually on _____ and _____ of each year; and the principal of, and premium, if any, and interest on, each such bond shall be payable at the office or agency of the Company in the Borough of Manhattan, The City of New York, 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. Bonds of the _______________ Series shall be dated as in Section 10 of the Mortgage provided.

Series of Bonds. SECTION 1.01 1. There shall be a series of bonds designated "% Series due _______% Series due _______" (herein sometimes referred to as the "_____________ Series"), each of which shall also bear the descriptive title "First Mortgage Bond", and the form thereof, which shall be established by Resolution of the Board of Directors of the Company, shall contain suitable provisions with respect to the matters hereinafter in this Article I Section specified. Bonds of the ___________ Series shall be initially issued in the aggregate principal amount of $__________, mature on _____________, bear interest at the rate of % per annum, payable from _______, 20__, if the date of said bonds is prior to _________, 20__, or, if the date of said bonds is after __________ Series shall 20__, from the _______ or _________ next preceding the date of said bonds, and thereafter semi-annually on _________ and _______ of each year, be issued from time to time as fully registered bonds in the denominations of One Thousand Dollars and, at the option of the Company, in any multiple or multiples of One Thousand Dollars (the exercise of such option to be evidenced by the execution and delivery thereof). Bonds ) and be dated as in Section 10 of the _____ Series shall bear interest at the rate of ____ % per annumMortgage provided, payable semi-annually on _____ and _____ of each year; and the principal of, and premium, if any, of and interest on, on each such said bond shall to be payable at the office or agency of the Company in the Borough of Manhattan, The City of New York, 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. Bonds of the _______________ Series shall be dated as in Section 10 of the Mortgage provided.

Series of Bonds. SECTION 1.01 1. There shall be a series of bonds designated "_______" % Series ----- due _______" (herein sometimes referred to as the "_____________ " Series"), -------------- ---------- each of which shall also bear the descriptive title "First Mortgage Bond", and the form thereof, which shall be established by Resolution of the Board of Directors of the Company, shall contain suitable provisions with respect to the matters hereinafter in this Article I Section specified. Bonds of the ______________ Series ---------- shall be dated as in Section 10 of the Mortgage provided, mature on , be issued from time to time as fully registered bonds in denominations of One ------------- Thousand Dollars and, at the option of the Company, in any multiple or multiples of One Thousand Dollars (the exercise of such option to be evidenced by the execution and delivery thereof). Bonds of the _____ Series shall ) and bear interest [at the rate of ____ % per ----- annum, payable semi-annually on _____ and _____ of each year; and ]*, -------- ----------- ------------------------ * Bracketed material to be changed if bonds of the Series to which this Supplemental Indenture shall relate shall bear interest at a rate which may be changed during the life of such bonds or if such bonds shall bear interest payable other than semi-annually. commencing , the principal of, and premium, if any, of and interest on, on each such said bond shall to --------------- be payable at the office or agency of the Company in the Borough of Manhattan, The City of New York, 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. Bonds of the _______________ Series shall be dated as in Section 10 of the Mortgage provided.

Series of Bonds. SECTION 1.01 1. There shall be a series of bonds designated "_% Series due ______% Series due _______" (herein sometimes referred to as the "_____________ Series"), each of which shall also bear the descriptive title "First Mortgage Bond", and the form thereof, which shall be established by Resolution of the Board of Directors of the Company, shall contain suitable provisions with respect to the matters hereinafter in this Article I Section specified. Bonds of the ___________ Series shall be initially issued in the aggregate principal amount of $__________, mature on _____________, bear interest at the rate of _% per annum, payable from _______, 199_, if the date of said bonds is prior to _________, 199_, or, if the date of said bonds is after __________ Series shall 199_, from the _______ or _________ next preceding the date of said bonds, and thereafter semi-annually on _________ and _______ of each year, be issued from time to time as fully registered bonds in the denominations of One Thousand Dollars and, at the option of the Company, in any multiple or multiples of One Thousand Dollars (the exercise of such option to be evidenced by the execution and delivery thereof). Bonds ) and be dated as in Section 10 of the _____ Series shall bear interest at the rate of ____ % per annumMortgage provided, payable semi-annually on _____ and _____ of each year; and the principal of, and premium, if any, of and interest on, on each such said bond shall to be payable at the office or agency of the Company in the Borough of Manhattan, The City of New York, 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. Bonds of the _______________ Series shall be dated as in Section 10 of the Mortgage provided.