Common use of Sinking Funds Clause in Contracts

Sinking Funds. 88 Section 12.1. Applicability of Article.....................................................................88 Section 12.2. Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3. Redemption of Securities for Sinking Fund....................................................88

Sinking Funds. 88 48 Section 12.11201. Applicability of Article.....................................................................88 ............................... 48 Section 12.21202. Satisfaction of Sinking Fund Payments with Securities........................................88 .. 49 iii 6 Section 12.31203. Redemption of Securities for Sinking Fund....................................................88............. 49 ARTICLE THIRTEEN

Sinking Funds. 88 79 Section 12.1. Applicability of Article.....................................................................88 ................................................. 79 Section 12.2. Satisfaction of Sinking Fund Payments with Securities........................................88 .................... 79 Section 12.3. Redemption of Securities for Sinking Fund....................................................88................................ 80

Sinking Funds. 88 59 Section 12.1. 12.01 Applicability of Article.....................................................................88 .............................. 59 Section 12.2. 12.02 Satisfaction of Sinking Fund Payments with Securities........................................88 ......................................... 59 Section 12.3. 12.03 Redemption of Securities for Sinking Fund....................................................88............. 60

Sinking Funds. 88 Section 12.1. 60 SECTION 12.01 Applicability of Article.....................................................................88 Section 12.2. .................................................................60 SECTION 12.02 Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3. ....................................60 SECTION 12.03 Redemption of Securities for Sinking Fund....................................................88................................................60

Sinking Funds. 88 42 Section 12.111.1. Applicability of Article.....................................................................88 ............................................................42 Section 12.211.2. Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3. Redemption of Securities for Sinking Fund....................................................88.............................

Sinking Funds. 88 Section 12.145 SECTION 12.01. Applicability of Article.....................................................................88 Section 12.2........................................................ 45 SECTION 12.02. Satisfaction of Sinking Fund Payments with With Securities........................................88 Section 12.3........................... 45 SECTION 12.03. Redemption of Securities for Sinking Fund....................................................88....................................... 45 ARTICLE XIII.

Sinking Funds. 88 80 Section 12.1. Applicability of Article.....................................................................88 .................................................. 80 Section 12.2. Satisfaction of Sinking Fund Payments with Securities........................................88 ..................... 81 Section 12.3. Redemption of Securities for Sinking Fund....................................................88................................. 81

Sinking Funds. 88 87 Section 12.1. Applicability of Article.....................................................................88 ............................................................... 87 Section 12.2. Satisfaction of Sinking Fund Payments with Securities........................................88 .................................. 87 Section 12.3. Redemption of Securities for Sinking Fund.................................................................................................. 88

Sinking Funds. 88 Section 12.1. 58 SECTION 12.01 Applicability of Article.....................................................................88 Section 12.2. .................................................................58 SECTION 12.02 Satisfaction of Sinking Fund Payments with With Securities........................................88 Section 12.3. ....................................58 SECTION 12.03 Redemption of Securities for Sinking Fund....................................................88................................................58

Sinking Funds. 88 71 Section 12.1. Applicability of Article.....................................................................88 ..................... 71 Section 12.2. Satisfaction of Sinking Fund Payments with Securities........................................88 .................... 72 Section 12.3. Redemption of Securities for Sinking Fund....................................................88................................ 72 ARTICLE 13

Sinking Funds. 88 Section 12.1. Applicability 12.1.Applicability of Article.....................................................................88 ................................ 75 Section 12.2. Satisfaction 12.2.Satisfaction of Sinking Fund Payments with Securities........................................88 ... 75 Section 12.3. Redemption 12.3.Redemption of Securities for Sinking Fund....................................................88............... 76

Sinking Funds. 88 42 Section 12.111.1. Applicability of Article.....................................................................88 .................................................... 42 Section 12.211.2. Satisfaction of Sinking Fund Payments with Securities........................................88 ....................... 42 Section 12.311.3. Redemption of Securities for Sinking Fund....................................................88................................... 43

Sinking Funds. 88 60 Section 12.11201. Applicability of Article.....................................................................88 ............................................... 60 Section 12.21202. Satisfaction of Sinking Fund Payments with Securities........................................88 .................. 60 Section 12.31203. Redemption of Securities for Sinking Fund....................................................88.............................. 61

Sinking Funds. 88 Section 12.162 SECTION 1201. Applicability of Article.....................................................................88 Section 12.2..................................................................62 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3.....................................62 SECTION 1203. Redemption of Securities for Sinking Fund....................................................88.................................................63

Sinking Funds. 88 62 Section 12.1. 12.01 Applicability of Article.....................................................................88 62 Section 12.2. 12.02 Satisfaction of Sinking Fund Payments with Securities........................................88 62 Section 12.3. 12.03 Redemption of Securities for Sinking Fund....................................................8863

Sinking Funds. 88 Section 12.1. 46 SECTION 10.1 Applicability of Article.....................................................................88 Section 12.2. ...........................................46 SECTION 10.2 Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3. ..............46 SECTION 10.3 Redemption of Securities for Sinking Fund....................................................88..........................46 ARTICLE XI

Sinking Funds. 88 91 Section 12.114.1. Applicability of Article.....................................................................88 .......................................91 Section 12.214.2. Satisfaction of Mandatory Sinking Fund Payments with Debt Securities........................................88 ..................................................91 Section 12.314.3. Redemption of Debt Securities for Sinking Fund....................................................88.................91 ARTICLE XV.....................................................................................93 DEFEASANCE...................................................................93

Sinking Funds. 88 73 Section 12.1. 12.01 Applicability of Article.....................................................................88 ...........................................73 Section 12.2. 12.02 Satisfaction of Sinking Fund Payments with With Securities........................................88 ..............74 Section 12.3. 12.03 Redemption of Securities for Sinking Fund....................................................88..........................74

Sinking Funds. 88 Section 67 SECTION 12.1. Applicability of Article.....................................................................88 Section . .................................................. 67 SECTION 12.2. Satisfaction of Sinking Fund Payments with Securities........................................88 Section . ..................... 67 SECTION 12.3. Redemption of Securities for Sinking Fund....................................................88. ................................. 68 ARTICLE XIII

Sinking Funds. 88 61 Section 12.1. 12.01 Applicability of Article.....................................................................88 61 Section 12.2. 12.02 Satisfaction of Sinking Fund Payments with Securities........................................88 61 Section 12.3. 12.03 Redemption of Securities for Sinking Fund....................................................8861

Sinking Funds. 88 58 Section 12.11201. Applicability of Article.....................................................................88 ..................................................58 Section 12.21202. Satisfaction of Sinking Fund Payments with Securities........................................88 .....................58 Section 12.31203. Redemption of Securities for Sinking Fund....................................................88.................................58

Sinking Funds. 88 63 Section 12.1. 12.1 Applicability of Article.....................................................................88 ................................................................. 63 Section 12.2. 12.2 Satisfaction of Sinking Fund Payments with Securities........................................88 .................................... 63 Section 12.3. 12.3 Redemption of Securities for Sinking Fund....................................................88................................................ 64

Sinking Funds. 88 57 Section 12.11201. Applicability of Article.....................................................................88 ................................................ 57 Section 12.21202. Satisfaction of Sinking Fund Payments with Securities........................................88 ................... 57 Section 12.31203. Redemption of Securities for Sinking Fund....................................................88............................... 58

Sinking Funds. 88 61 Section 12.1. 12.1 Applicability of Article.....................................................................88 ......................................61 Section 12.2. 12.2 Satisfaction of Sinking Fund Payments with Securities........................................88 .........61 Section 12.3. 12.3 Redemption of Securities for Sinking Fund....................................................88.....................62

Sinking Funds. 88 85 Section 12.1. Applicability of Article.....................................................................88 ............................................................ 85 Section 12.2. Satisfaction of Sinking Fund Payments with Securities........................................88 ............................... 85 Section 12.3. Redemption of Securities for Sinking Fund....................................................88........................................... 85

Sinking Funds. 88 78 Section 12.114.01. Applicability of Article.....................................................................88 Article ...........................................78 Section 12.214.02. Satisfaction of Mandatory Sinking Fund Payments with Debt Securities........................................88 ..........................................................79 Section 12.314.03. Redemption of Debt Securities for Sinking Fund....................................................88Fund .....................79 ARTICLE XV DEFEASANCE .........................................................................81 Section 15.01. Applicability of Article ...........................................81 Section 15.02. Defeasance Upon Deposit of Moneys or U.S. Government Obligations....81 Section 15.03. Deposited Moneys and U.S. Government Obligations to Be Held in Trust...............................................................82 Section 15.04. Repayment to Company................................................83 ARTICLE XVI

Sinking Funds. 88 89 Section 12.112.01. Applicability of Article.....................................................................88 .......................................................89 Section 12.212.02. Satisfaction of Sinking Fund Payments with Securities........................................88 ..........................89 Section 12.312.03. Redemption of Securities for Sinking Fund....................................................88......................................89 ARTICLE THIRTEEN....................................................................................90

Sinking Funds. 88 61 Section 12.1. 12.1 Applicability of Article.....................................................................88 ...............................61 Section 12.2. 12.2 Satisfaction of Sinking Fund Payments with Securities........................................88 ..61 Section 12.3. 12.3 Redemption of Securities for Sinking Fund....................................................88..............62

Sinking Funds. 88 69 Section 12.1. Applicability of Article.....................................................................88 ...................................... 69 Section 12.2. Satisfaction of Sinking Fund Payments with With Securities........................................88 ......... 69 Section 12.3. Redemption of Securities for Sinking Fund....................................................88..................... 70 ARTICLE 13. REPAYMENT AT THE OPTION OF HOLDERS..................................... 70 Section 13.1. Applicability of Article...................................... 70

Sinking Funds. 88 Section 12.1. Applicability of Article.....................................................................88 ............................... 28 Section 12.24.02. Satisfaction of Mandatory Sinking Fund Payments with Securities........................................88 ........................................... 29 Section 12.34.03. Redemption of Securities for Sinking Fund....................................................88.............. 29 ARTICLE FIVE.

Sinking Funds. 88 76 Section 12.11301. Applicability of Article.....................................................................88 ............................76 Section 12.21302. Satisfaction of Sinking Fund Payments with Securities........................................88 ..........................................76 Section 12.31303. Redemption of Securities for Sinking Fund....................................................88...........77

Sinking Funds. 88 85 Section 12.1. Applicability of Article.....................................................................88 ...................................................85 Section 12.2. Satisfaction of Sinking Fund Payments with Securities........................................88 ......................85 Section 12.3. Redemption of Securities for Sinking Fund....................................................88..................................86

Sinking Funds. 88 72 Section 12.1. 15.1 Applicability of Article.....................................................................88 ..................................72 Section 12.2. 15.2 Satisfaction of Mandatory Sinking Fund Payments Payment with Securities........................................88 ............................................73 Section 12.3. 15.3 Redemption of Securities for Sinking Fund....................................................88.................73

Sinking Funds. 88 58 Section 12.11201. Applicability of Article.....................................................................88 ..................................................58 Section 12.21202. Satisfaction of Sinking Fund Payments with Securities........................................88 .....................59 Section 12.31203. Redemption of Securities for Sinking Fund....................................................88.................................59

Sinking Funds. 88 Section 65 SECTION 12.1. Applicability of Article.....................................................................88 Section ...................................65 SECTION 12.2. Satisfaction of Sinking Fund Payments with Securities........................................88 Section ......66 SECTION 12.3. Redemption of Securities for Sinking Fund....................................................88..................66

Sinking Funds. 88 71 Section 12.1. 11.1 Applicability of Article.....................................................................88 ......................... 71 Section 12.2. 11.2 Satisfaction of Sinking Fund Payments with Securities........................................88 ....................................... 72 Section 12.3. 11.3 Redemption of Securities for Sinking Fund....................................................88............................................. 72

Sinking Funds. 88 Section 12.169 SECTION 1201. Applicability of Article.....................................................................88 Section 12.2............................................. 69 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3................ 69 SECTION 1203. Redemption of Securities for Sinking Fund....................................................88............................ 69

Sinking Funds. 88 45 Section 12.111.1. Applicability of Article.....................................................................88 . .............................................................................45 Section 12.211.2. Satisfaction of Sinking Fund Payments with Securities........................................88 . ...........................45 Section 12.311.3. Redemption of Securities for Sinking Fund....................................................88...............................................46

Sinking Funds. 88 62 Section 12.11201. Applicability of Article.....................................................................88 ..........................................................62 Section 12.21202. Satisfaction of Sinking Fund Payments with Securities........................................88 .............................62 Section 12.31203. Redemption of Securities for Sinking Fund....................................................88.........................................62 ARTICLE THIRTEEN

Sinking Funds. 88 56 Section 12.11201. Applicability of Article.....................................................................88 ............................................... 56 Section 12.21202. Satisfaction of Sinking Fund Payments with Securities........................................88 .................. 56 Section 12.31203. Redemption of Securities for Sinking Fund....................................................88.............................. 56

Sinking Funds. 88 Section 12.1. Applicability of Article.....................................................................88 ....................................................... 50 Section 12.211.2. Satisfaction of Sinking Fund Payments with Securities........................................88 .......................... 51 Section 12.311.3. Redemption of Securities for Sinking Fund....................................................88...................................... 51

Sinking Funds. 88 51 Section 12.1. Applicability of Article.....................................................................88 ..............................................................51 Section 12.2. Satisfaction of Sinking Fund Payments with Securities........................................88 .................................51 Section 12.3. Redemption of Securities for Sinking Fund....................................................88.............................................51 ARTICLE XIII

Sinking Funds. 88 Section 12.1. 10.01 Applicability of Article.....................................................................88 ..............................................................................37 Section 12.2. 10.02 Satisfaction of Sinking Fund Payments with Securities........................................88 .................................................37 Section 12.3. 10.03 Redemption of Securities for Sinking Fund....................................................88.............................................................37

Sinking Funds. 88 Section 12.1. 60 SECTION 12.01 Applicability of Article.....................................................................88 Section 12.2. ....................................................................60 SECTION 12.02 Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3. .......................................60 SECTION 12.03 Redemption of Securities for Sinking Fund....................................................88...................................................60

Sinking Funds. 88 Section 12.1. 14.01 Applicability of Article.....................................................................88 ...........................................................................69 Section 12.2. 14.02 Satisfaction of Sinking Fund Payments with Securities........................................88 ..............................................69 Section 12.3. 14.03 Redemption of Securities for Sinking Fund....................................................88..........................................................69

Sinking Funds. 88 1 Section 12.1. 12.1 Applicability of Article.....................................................................88 ................................................................ 1 Section 12.2. 12.2 Satisfaction of Sinking Fund Payments with Securities........................................88 ................................... 1 Section 12.3. 12.3 Redemption of Securities for Sinking Fund....................................................88............................................... 1 ARTICLE 13.

Sinking Funds. 88 Section 12.114.1. Applicability of Article.....................................................................88 .................................... 68 Section 12.214.2. Satisfaction of Sinking Fund Payments with Securities........................................88 ................................................ 68 Section 12.314.3. Redemption of Securities for Sinking Fund....................................................88................... 69 ARTICLE 15 Securities in Foreign Currencies

Sinking Funds. 88 45 Section 12.1. 10.01 Applicability of Article.....................................................................88 ...................................................................45 Section 12.2. 10.02 Satisfaction of Sinking Fund Payments with Securities........................................88 ......................................46 Section 12.3. 10.03 Redemption of Securities for Sinking Fund....................................................88..................................................46

Sinking Funds. 88 51 Section 12.1. 11.01 Applicability of Article.....................................................................88 ......................................................................51 Section 12.2. 11.02 Satisfaction of Sinking Fund Payments with Securities........................................88 Debentures.........................................51 Section 12.3. 11.03 Redemption of Securities Debentures for Sinking Fund....................................................88.....................................................52

Sinking Funds. 88 44 Section 12.111.1. Applicability of Article.....................................................................88 ............................................................ 44 Section 12.211.2. Satisfaction of Sinking Fund Payments with Securities........................................88 ............................... 44 Section 12.311.3. Redemption of Securities for Sinking Fund....................................................88........................................... 45

Sinking Funds. 88 51 Section 12.11201. Applicability of Article.....................................................................88 ............................................................... 51 Section 12.21202. Satisfaction of Sinking Fund Payments with Securities........................................88 .................................. 51 Section 12.31203. Redemption of Securities for Sinking Fund....................................................88.............................................. 52 ARTICLE 13 DEFEASANCE................................................................................... 52 Section 1301. Company's Option to Effect Defeasance.................................................. 52 Section 1302. Defeasance and Discharge............................................................... 52 Section 1303. Conditions to Defeasance............................................................... 53

Sinking Funds. 88 78 Section 12.1. Applicability of Article.....................................................................88 ............................78 Section 12.2. Satisfaction of Sinking Fund Payments with Securities........................................88 ..........................................78 Section 12.3. Redemption of Securities for Sinking Fund....................................................88...........78 ARTICLE 13 Meetings of Holders of Securities........................................79 Section 13.1. Purposes for Which Meetings May Be Called.........

Sinking Funds. 88 Section 12.1. 61 SECTION 12.1 Applicability of Article.....................................................................88 Section 12.2. ....................................61 SECTION 12.2 Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3. .......62 SECTION 12.3 Redemption of Securities for Sinking Fund....................................................88...................62

Sinking Funds. 88 68 Section 12.11201. Applicability of Article.....................................................................88 ..............................................................68 Section 12.21202. Satisfaction of Sinking Fund Payments with Debt Securities........................................88 ............................68 Section 12.31203. Redemption of Debt Securities for Sinking Fund....................................................88........................................69

Sinking Funds. 88 Section 12.1. Applicability 65 (S) 12.1.Applicability of Article.....................................................................88 Section 12.2. Satisfaction ............................................65 (S) 12.2.Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3. Redemption ...............65 (S) 12.3.Redemption of Securities for Sinking Fund....................................................88...........................66 ARTICLE 13

Sinking Funds. 88 38 Section 12.1. 11.01 Applicability of Article.....................................................................88 . ............................ 38 Section 12.2. 11.02 Satisfaction of Sinking Fund Payments with Securities........................................88 . .................................. 39 Section 12.3. 11.03 Redemption of Securities for Sinking Fund....................................................88. ........... 40

Sinking Funds. 88 70 Section 12.1. Applicability of Article.....................................................................88 .............................................. 70 Section 12.2. Satisfaction of Sinking Fund Payments with Securities........................................88 ................. 70 Section 12.3. Redemption of Securities for Sinking Fund....................................................88............................. 70 ARTICLE XIII

Sinking Funds. 88 Section 12.186 SECTION 1201. Applicability of Article.....................................................................88 Section 12.2..................................................................86 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3.....................................87 SECTION 1203. Redemption of Securities for Sinking Fund.....................................................................................................87 ARTICLE THIRTEEN.................................................................................................88

Sinking Funds. 88 87 Section 12.1. 12.1 Applicability of This Article.....................................................................88 .........................................................87 Section 12.2. 12.2 Satisfaction of Sinking Fund Payments with With Securities........................................88 .................................87 Section 12.3. 12.3 Redemption of Securities for Sinking Fund....................................................88.............................................87

Sinking Funds. 88 Section 12.1. 11.01 Applicability of Article.....................................................................88 .......................................................................47 Section 12.2. 11.02 Satisfaction of Sinking Fund Payments with Securities........................................88 Debentures..........................................47 Section 12.3. 11.03 Redemption of Securities Debentures for Sinking Fund....................................................88......................................................47

Sinking Funds. 88 45 Section 12.1. 13.01 Applicability of Article.....................................................................88 . ............................ 45 Section 12.2. 13.02 Satisfaction of Sinking Fund Payments with Securities........................................88 . ....................................... 47 Section 12.3. 13.03 Redemption of Securities for Sinking Fund....................................................88. ........... 47

Sinking Funds. 88 45 Section 12.1. 10.01 Applicability of Article.....................................................................88 ............................................................... 45 Section 12.2. 10.02 Satisfaction of Sinking Fund Payments with Securities........................................88 .................................. 46 Section 12.3. 10.03 Redemption of Securities for Sinking Fund....................................................88.............................................. 46

Sinking Funds. 88 71 Section 12.1. 12.1 Applicability of Article.....................................................................88 ..................................71 Section 12.2. 12.2 Satisfaction of Sinking Fund Payments with Securities........................................88 .....71 Section 12.3. 12.3 Redemption of Securities for Sinking Fund....................................................88.................71

Sinking Funds. 88 Section 12.163 SECTION 1201. Applicability of Article.....................................................................88 Section 12.2..................................... 63 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3........ 63 SECTION 1203. Redemption of Securities for Sinking Fund....................................................88.................... 63 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF THE HOLDERS..................... 64

Sinking Funds. 88 65 Section 12.1. 12.1 Applicability of Article.....................................................................88 ................................................65 Section 12.2. 12.2 Satisfaction of Sinking Fund Payments with Securities........................................88 ...................65 Section 12.3. 12.3 Redemption of Securities for Sinking Fund....................................................88...............................65 ARTICLE XIII EXTENSION OF INTEREST PAYMENT PERIOD.....................................66

Sinking Funds. 88 Section 12.175 SECTION 1301. Applicability of Article.....................................................................88 Section 12.2.................................... 75 SECTION 1302. Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3. Redemption of Securities for Sinking Fund....................................................88....... 75

Sinking Funds. 88 Section 12.1. 97 SECTION 12.1 Applicability of Article.....................................................................88 Section 12.2. ............................97 SECTION 12.2 Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3. Debentures..........................................98 SECTION 12.3 Redemption of Securities Debentures for Sinking Fund....................................................88...........98 ARTICLE XIII

Sinking Funds. 88 Section 12.181 SECTION 10.1. Applicability of Article.....................................................................88 Section 12.2.............................81 SECTION 10.2. Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3.........................................81 SECTION 10.3. Redemption of Securities for Sinking Fund....................................................88............81

Sinking Funds. 88 Section 12.161 SECTION 1201. Applicability of Article.....................................................................88 Section 12.2..................................... 61 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3........ 62 SECTION 1203. Redemption of Securities for Sinking Fund....................................................88.................... 62 ARTICLE THIRTEEN Meetings of Holders of Securities........................................... 62

Sinking Funds. 88 65 Section 12.1. 12.01 Applicability of Article.....................................................................88 ..........................................................65 Section 12.2. 12.02 Satisfaction of Sinking Fund Payments with Securities........................................88 .............................66 Section 12.3. 12.03 Redemption of Securities for Sinking Fund....................................................88.........................................66

Sinking Funds. 88 Section 12.111.1. Applicability of Article.....................................................................88 ....................................................................... Section 12.211.2. Satisfaction of Sinking Fund Payments with Securities........................................88 .......................................... Section 12.311.3. Redemption of Securities for Sinking Fund....................................................88...................................................... A-(iv) 5 OUTDOOR SYSTEMS, INC. Cross-reference Table Trust Indenture Act Section Indenture Section ----------- -----------------

Sinking Funds. 88 Section 12.110.1. Applicability of Article.....................................................................88 ........................................................ 49 Section 12.210.2. Satisfaction of Sinking Fund Payments with Securities........................................88 Debentures........................... 49 Section 12.310.3. Redemption of Securities Debentures for Sinking Fund....................................................88....................................... 50

Sinking Funds. 88 64 Section 12.1. 12.1 Applicability of Article.....................................................................88 ................................. 64 Section 12.2. 12.2 Satisfaction of Sinking Fund Payments with Securities........................................88 .... 64 Section 12.3. 12.3 Redemption of Securities for Sinking Fund....................................................88................ 64 ------------ vi

Sinking Funds. 88 Section 12.172 SECTION 1201. Applicability of Article.....................................................................88 Section 12.2.................................72 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3....72 SECTION 1203. Redemption of Securities for Sinking Fund....................................................88................72 ARTICLE THIRTEEN............................................................73

Sinking Funds. 88 Section 65 (S) 12.1. Applicability of Article.....................................................................88 Section ..........................................65 (S) 12.2. Satisfaction of Sinking Fund Payments with Securities........................................88 Section .............65 (S) 12.3. Redemption of Securities for Sinking Fund....................................................88.........................66

Sinking Funds. 88 32 Section 12.1. 5.01 Applicability of Article.....................................................................88 ....................................................32 Section 12.2. 5.02 Satisfaction of Sinking Fund Payments with Securities........................................88 .......................33 Section 12.3. 5.03 Redemption of Securities for Sinking Fund....................................................88...................................33

Sinking Funds. 88 Section 12.161 SECTION 1201. Applicability of Article.....................................................................88 Section 12.2..........................................................................61 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3.............................................61 SECTION 1203. Redemption of Securities for Sinking Fund....................................................88.........................................................61 ARTICLE THIRTEEN SUBORDINATION....................................................................................................62

Sinking Funds. 88 Section 12.149 SECTION 1201. Applicability of Article.....................................................................88 Section 12.2.................................................... 49 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3....................... 50 SECTION 1203. Redemption of Securities for Sinking Fund....................................................88................................... 50

Sinking Funds. 88 52 Section 12.11201. Applicability of Article.....................................................................88 ................................. 52 Section 12.21202. Satisfaction of Sinking Fund Payments with With Securities........................................88 .... 52 Section 12.31203. Redemption of Securities for Sinking Fund....................................................88................ 53 ARTICLE THIRTEEN

Sinking Funds. 88 Section 12.165 SECTION 1201. Applicability of Article.....................................................................88 Section 12.2.................................. 65 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3..... 66 Page SECTION 1203. Redemption of Securities for Sinking Fund....................................................88................. 66 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF THE HOLDERS.................. 66

Sinking Funds. 88 61 Section 12.1. Applicability of Article.....................................................................88 .............................................................. 61 Section 12.2. Satisfaction of Sinking Fund Payments with Securities........................................88 ................................. 61 Section 12.3. Redemption of Securities for Sinking Fund....................................................88............................................. 62

Sinking Funds. 88 Section 12.176 SECTION 1201. Applicability of Article.....................................................................88 Section 12.2................................................................ 76 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3............................................................................... 76 SECTION 1203. Redemption of Securities for Sinking Fund....................................................88.......................................................................................... 77 ARTICLE THIRTEEN

Sinking Funds. 88 Section 12.1. 12.1 Applicability of Article.....................................................................88 .......................................................................73 Section 12.2. 12.2 Satisfaction of Sinking Fund Payments with Securities........................................88 ..........................................74 Section 12.3. 12.3 Redemption of Securities for Sinking Fund....................................................88......................................................74 ARTICLE 13 REPAYMENT AT THE OPTION OF HOLDERS Section 13.1 Applicability of Article.......................................................................75

Sinking Funds. 88 42 Section 12.1. 11.1 Applicability of Article.....................................................................88 ......................................................... 42 Section 12.2. 11.2 Satisfaction of Sinking Fund Payments with Securities........................................88 ............................ 42 Section 12.3. 11.3 Redemption of Securities for Sinking Fund....................................................88........................................ 43

Sinking Funds. 88 32 Section 12.1. 5.01 Applicability of Article.....................................................................88 .............. 32 Section 12.2. 5.02 Satisfaction of Sinking Fund Payments with With Securities........................................88 ....................... 33 Section 12.3. 5.03 Redemption of Securities for Sinking Fund....................................................88.......................... 33

Sinking Funds. 88 Section 12.160 1201. Applicability of Article.....................................................................88 Section 12.2........................................................................... 60 1202. Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3.............................................. 60 1203. Redemption of Securities for Sinking Fund....................................................88.......................................................... 61

Sinking Funds. 88 Section 12.1. 59 SECTION 12.01 Applicability of Article.....................................................................88 Section 12.2. .............................................................59 SECTION 12.02 Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3. ................................59 SECTION 12.03 Redemption of Securities for Sinking Fund....................................................88............................................59

Sinking Funds. 88 21 Section 12.14.01. Applicability of Article.....................................................................88 .............................. 21 Section 12.24.02. Satisfaction of Sinking Fund Payments with With Securities........................................88 ....................................... 21 Section 12.34.03. Redemption of Securities for Sinking Fund....................................................88............. 21

Sinking Funds. 88 Section 12.162 SECTION 13.01. Applicability of Article.....................................................................88 Section 12.2.......................................................... 62 SECTION 13.02. Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3............................. 63 SECTION 13.03. Redemption of Securities for Sinking Fund....................................................88......................................... 63 ARTICLE FOURTEEN IMMUNITY OF INCORPORATORS, STOCKHOLDERS, OFFICERS AND DIRECTORS........................... 63 SECTION 14.01. Exemption from Individual Liability............................................... 63

Sinking Funds. 88 61 Section 12.11201. Applicability of Article.....................................................................88 ...................................................................61 Section 12.21202. Satisfaction of Sinking Fund Payments with Securities........................................88 ......................................62 Section 12.31203. Redemption of Securities for Sinking Fund....................................................88..................................................62

Sinking Funds. 88 44 Section 12.1. 11.1 Applicability of Article.....................................................................88 Article ............................................... 44 Section 12.2. 11.2 Satisfaction of Sinking Fund Payments with Securities........................................88 Securities .................. 44 Section 12.3. 11.3 Redemption of Securities for Sinking Fund....................................................88Fund .............................. 45

Sinking Funds. 88 Section 12.163 SECTION 1201. Applicability of Article.....................................................................88 Section 12.2................................................63 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3...................64 SECTION 1203. Redemption of Securities for Sinking Fund....................................................88...............................64 ARTICLE THIRTEEN REPAYMENT AT THE OPTION OF HOLDERS..........................................................64 SECTION 1301. Applicability of Article................................................64 SECTION 1302. Repayment of Securities.................................................65

Sinking Funds. 88 59 Section 12.1. 12.1 Applicability of Article.....................................................................88 ........................................ 59 Section 12.2. 12.2 Satisfaction of Sinking Fund Payments with Securities........................................88 ........... 59 Section 12.3. 12.3 Redemption of Securities for Sinking Fund....................................................88....................... 59

Sinking Funds. 88 64 Section 12.1. 12.01 Applicability of Article.....................................................................88 ......................................................... 64 Section 12.2. 12.02 Satisfaction of Sinking Fund Payments with Securities........................................88 ............................ 64 Section 12.3. 12.03 Redemption of Securities for Sinking Fund....................................................88........................................ 64 ARTICLE XIII DEFEASANCE......................................................................................... 65 Section 13.01 Applicability of Article......................................................... 65 Section 13.02 Legal Defeasance................................................................. 65

Sinking Funds. 88 58 Section 12.112.01. Applicability of Article.....................................................................88 ..................................................... 58 Section 12.212.02. Satisfaction of Sinking Fund Payments with Securities........................................88 ........................ 58 Section 12.312.03. Redemption of Securities for Sinking Fund....................................................88.................................... 59 ARTICLE XIII SUBORDINATION.............................................................................. 61

Sinking Funds. 88 Section 12.1. 72 SECTION 12.01 Applicability of Article.....................................................................88 Section 12.2. .................................72 SECTION 12.02 Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3. ...............................................72 SECTION 12.03 Redemption of Securities for Sinking Fund....................................................88................73 ARTICLE XIII. - REPAYMENT AT THE OPTION OF HOLDERS...........................73 SECTION 13.01 Applicability of Article.................................73 -iv- TABLE OF CONTENTS ----------------- (continued) Page ----

Sinking Funds. 88 63 Section 12.11201. Applicability of Article.....................................................................88 ....................................................................... 63 Section 12.21202. Satisfaction of Sinking Fund Payments with Securities........................................88 .......................................... 63 Section 12.31203. Redemption of Securities for Sinking Fund....................................................88...................................................... 64 ARTICLE THIRTEEN

Sinking Funds. 88 Section 12.124 SECTION 4.01. Applicability of Article.....................................................................88 Section 12.2........................................................................ 24 SECTION 4.02. Satisfaction of Mandatory Sinking Fund Payments with Securities........................................88 Section 12.3...................................................................... 24 SECTION 4.03. Redemption of Securities for Sinking Fund....................................................88....................................................... 24 ARTICLE FIVE.

Sinking Funds. 88 Section 12.168 SECTION 1201. Applicability of Article.....................................................................88 Section 12.2..................................... 68 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities........................................88 Section 12.3........ 69 SECTION 1203. Redemption of Securities for Sinking Fund....................................................88.................... 69