Common use of Sinking Funds Clause in Contracts

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

Sinking Funds. 87 58 Section 12.11201. Applicability of Article............................................................... 87 ..................................................58 Section 12.21202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 .....................58 Section 12.31203. Redemption of Securities for Sinking Fund.............................................. 88.................................58

Sinking Funds. 87 63 Section 12.1. 12.1 Applicability of Article............................................................... 87 ................................................................. 63 Section 12.2. 12.2 Satisfaction of Sinking Fund Payments with Securities.................................. 87 .................................... 63 Section 12.3. 12.3 Redemption of Securities for Sinking Fund.............................................. 88................................................ 64

Sinking Funds. 87 60 Section 12.11201. Applicability of Article............................................................... 87 ............................................... 60 Section 12.21202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 .................. 60 Section 12.31203. Redemption of Securities for Sinking Fund.............................................. 88.............................. 61

Sinking Funds. 87 Section 12.1. Applicability 12.1.Applicability of Article............................................................... 87 ................................ 75 Section 12.2. Satisfaction 12.2.Satisfaction of Sinking Fund Payments with Securities.................................. 87 ... 75 Section 12.3. Redemption 12.3.Redemption of Securities for Sinking Fund.............................................. 88............... 76

Sinking Funds. 87 61 Section 12.1. 12.01 Applicability of Article............................................................... 87 .....................................................................61 Section 12.2. 12.02 Satisfaction of Sinking Fund Payments with Securities.................................. 87 ........................................61 Section 12.3. 12.03 Redemption of Securities for Sinking Fund.............................................. 88....................................................61

Sinking Funds. 87 62 Section 12.1. 12.01 Applicability of Article............................................................... 87 .....................................................................62 Section 12.2. 12.02 Satisfaction of Sinking Fund Payments with Securities.................................. 87 ........................................62 Section 12.3. 12.03 Redemption of Securities for Sinking Fund.............................................. 88....................................................63

Sinking Funds. 87 Section 12.145 SECTION 12.01. Applicability of Article............................................................... 87 Section 12.2........................................................ 45 SECTION 12.02. Satisfaction of Sinking Fund Payments with With Securities.................................. 87 Section 12.3........................... 45 SECTION 12.03. Redemption of Securities for Sinking Fund.............................................. 88....................................... 45 ARTICLE XIII.

Sinking Funds. 87 42 Section 12.111.1. Applicability of Article............................................................... 87 .................................................... 42 Section 12.211.2. Satisfaction of Sinking Fund Payments with Securities.................................. 87 ....................... 42 Section 12.311.3. Redemption of Securities for Sinking Fund.............................................. 88................................... 43

Sinking Funds. 87 91 Section 12.114.1. Applicability of Article............................................................... 87 .......................................91 Section 12.214.2. Satisfaction of Mandatory Sinking Fund Payments with Debt Securities.................................. 87 ..................................................91 Section 12.314.3. Redemption of Debt Securities for Sinking Fund.............................................. 88.................91 ARTICLE XV.....................................................................................93 DEFEASANCE...................................................................93

Sinking Funds. 87 80 Section 12.1. Applicability of Article............................................................... 87 .................................................. 80 Section 12.2. Satisfaction of Sinking Fund Payments with Securities.................................. 87 ..................... 81 Section 12.3. Redemption of Securities for Sinking Fund.............................................. 88................................. 81

Sinking Funds. 87 Section 12.1. 46 SECTION 10.1 Applicability of Article............................................................... 87 Section 12.2. ...........................................46 SECTION 10.2 Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3. ..............46 SECTION 10.3 Redemption of Securities for Sinking Fund.............................................. 88..........................46 ARTICLE XI

Sinking Funds. 87 42 Section 12.111.1. Applicability of Article............................................................... 87 ............................................................42 Section 12.211.2. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3. Redemption of Securities for Sinking Fund.............................................. 88.............................

Sinking Funds. 87 Section 12.1. 58 SECTION 12.01 Applicability of Article............................................................... 87 Section 12.2. .................................................................58 SECTION 12.02 Satisfaction of Sinking Fund Payments with With Securities.................................. 87 Section 12.3. ....................................58 SECTION 12.03 Redemption of Securities for Sinking Fund.............................................. 88................................................58

Sinking Funds. 87 Section 12.1. 60 SECTION 12.01 Applicability of Article............................................................... 87 Section 12.2. .................................................................60 SECTION 12.02 Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3. ....................................60 SECTION 12.03 Redemption of Securities for Sinking Fund.............................................. 88................................................60

Sinking Funds. 87 71 Section 12.1. Applicability of Article............................................................... 87 ..................... 71 Section 12.2. Satisfaction of Sinking Fund Payments with Securities.................................. 87 .................... 72 Section 12.3. Redemption of Securities for Sinking Fund.............................................. 88................................ 72 ARTICLE 13

Sinking Funds. 87 59 Section 12.1. 12.01 Applicability of Article............................................................... 87 .............................. 59 Section 12.2. 12.02 Satisfaction of Sinking Fund Payments with Securities.................................. 87 ......................................... 59 Section 12.3. 12.03 Redemption of Securities for Sinking Fund.............................................. 88............. 60

Sinking Funds. 87 73 Section 12.1. 12.01 Applicability of Article............................................................... 87 ...........................................73 Section 12.2. 12.02 Satisfaction of Sinking Fund Payments with With Securities.................................. 87 ..............74 Section 12.3. 12.03 Redemption of Securities for Sinking Fund.............................................. 88..........................74

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

Sinking Funds. 87 48 Section 12.11201. Applicability of Article............................................................... 87 ............................... 48 Section 12.21202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 .. 49 iii 6 Section 12.31203. Redemption of Securities for Sinking Fund.............................................. 88............. 49 ARTICLE THIRTEEN

Sinking Funds. 87 Section 67 SECTION 12.1. Applicability of Article............................................................... 87 Section . .................................................. 67 SECTION 12.2. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section . ..................... 67 SECTION 12.3. Redemption of Securities for Sinking Fund.............................................. 88. ................................. 68 ARTICLE XIII

Sinking Funds. 87 Section 12.162 SECTION 1201. Applicability of Article............................................................... 87 Section 12.2..................................................................62 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3.....................................62 SECTION 1203. Redemption of Securities for Sinking Fund.............................................. 88.................................................63

Sinking Funds. 87 79 Section 12.1. Applicability of Article............................................................... 87 ................................................. 79 Section 12.2. Satisfaction of Sinking Fund Payments with Securities.................................. 87 .................... 79 Section 12.3. Redemption of Securities for Sinking Fund.............................................. 88................................ 80

Sinking Funds. 87 72 Section 12.1. 15.1 Applicability of Article............................................................... 87 ..................................72 Section 12.2. 15.2 Satisfaction of Mandatory Sinking Fund Payments Payment with Securities.................................. 87 ............................................73 Section 12.3. 15.3 Redemption of Securities for Sinking Fund.............................................. 88.................73

Sinking Funds. 87 35 Section 12.1. 12.01 Applicability of Article............................................................... 87 ..................................35 Section 12.2. 12.02 Satisfaction of Sinking Fund Payments with Securities.................................. 87 .....35 Section 12.3. 12.03 Redemption of Securities for Sinking Fund.............................................. 88.................35

Sinking Funds. 87 56 Section 12.11201. Applicability of Article............................................................... 87 ............................................ 56 Section 12.21202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 ............... 56 Section 12.31203. Redemption of Securities for Sinking Fund.............................................. 88........................... 57

Sinking Funds. 87 Section 12.1. 72 SECTION 12.01 Applicability of Article............................................................... 87 Section 12.2. ...............................72 SECTION 12.02 Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3. Redemption of Securities for Sinking Fund.............................................. 88..72

Sinking Funds. 87 58 Section 12.11201. Applicability of Article............................................................... 87 ..................................................58 Section 12.21202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 .....................59 Section 12.31203. Redemption of Securities for Sinking Fund.............................................. 88.................................59

Sinking Funds. 87 60 Section 12.11201. Applicability of Article............................................................... 87 .................................................60 Section 12.21202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 ....................60 Section 12.31203. Redemption of Securities for Sinking Fund.............................................. 88................................61 ARTICLE THIRTEEN

Sinking Funds. 87 Section 12.172 SECTION 1301. Applicability of Article............................................................... 87 Section 12.2..................................... 72 SECTION 1302. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3. Redemption of Securities for Sinking Fund.............................................. 88........ 73

Sinking Funds. 87 63 Section 12.11101. Applicability of Article............................................................... 87 ........................ 63 Section 12.21102. Satisfaction of Sinking Fund Payments with Securities.................................. 87 ...................................... 64 Section 12.31103. Redemption of Securities for Sinking Fund.............................................. 88....... 64

Sinking Funds. 87 Section 12.1. Applicability of Article............................................................... 87 ............................... 28 Section 12.24.02. Satisfaction of Mandatory Sinking Fund Payments with Securities.................................. 87 ........................................... 29 Section 12.34.03. Redemption of Securities for Sinking Fund.............................................. 88.............. 29 ARTICLE FIVE.

Sinking Funds. 87 76 Section 12.11301. Applicability of Article............................................................... 87 ............................76 Section 12.21302. Satisfaction of Sinking Fund Payments with Securities.................................. 87 ..........................................76 Section 12.31303. Redemption of Securities for Sinking Fund.............................................. 88...........77

Sinking Funds. 87 58 Section 12.11201. Applicability of Article............................................................... 87 ............................................................. 58 Section 12.21202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 ................................ 59 Section 12.31203. Redemption of Securities for Sinking Fund.............................................. 88............................................ 59 ARTICLE THIRTEEN

Sinking Funds. 87 Section 12.142 SECTION 1201. Applicability of Article............................................................... 87 Section 12.2..............................................................42 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3.................................43 SECTION 1203. Redemption of Securities for Sinking Fund.............................................. 88.............................................43 ARTICLE

Sinking Funds. 87 41 Section 12.110.01. Applicability of Article............................................................... 87 .......................................................... 41 Section 12.210.02. Satisfaction of Sinking Fund Payments with Securities.................................. 87 ............................. 42 Section 12.310.03. Redemption of Securities for Sinking Fund.............................................. 88......................................... 42

Sinking Funds. 87 Section 12.161 SECTION 12.01. Applicability of Article............................................................... 87 Section 12.2...................................61 SECTION 12.02. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3......61 SECTION 12.03. Redemption of Securities for Sinking Fund.............................................. 88..................61

Sinking Funds. 87 Section 50 SECTION 12.1. Applicability of Article............................................................... 87 Section . ........................................ 50 SECTION 12.2. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section . ........... 50 SECTION 12.3. Redemption of Securities for Sinking Fund.............................................. 88. ....................... 51 ARTICLE XIII.

Sinking Funds. 87 Section 12.181 SECTION 10.1. Applicability of Article............................................................... 87 Section 12.2.............................81 SECTION 10.2. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3.........................................81 SECTION 10.3. Redemption of Securities for Sinking Fund.............................................. 88............81

Sinking Funds. 87 Section 62 SECTION 12.1. Applicability of Article............................................................... 87 Section ........................................... 62 SECTION 12.2. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section .............. 62 SECTION 12.3. Redemption of Securities for Sinking Fund.............................................. 88.......................... 62 ARTICLE XIII

Sinking Funds. 87 46 Section 12.1. 12.01 Applicability of Article............................................................... 87 Article .............................................................. 46 Section 12.2. 12.02 Satisfaction of Sinking Fund Payments with Securities.................................. 87 Securities ................................. 46 Section 12.3. 12.03 Redemption of Securities for Sinking Fund.............................................. 88Fund ............................................. 46

Sinking Funds. 87 76 Section 12.11201. Applicability of Article............................................................... 87 ....................................................76 Section 12.21202. Satisfaction of Sinking Fund Payments with Debt Securities.................................. 87 ..................76 Section 12.31203. Redemption of Debt Securities for Sinking Fund.............................................. 88..............................76 ARTICLE XIII. REPAYMENT AT THE OPTION OF HOLDERS..........................................77

Sinking Funds. 87 44 Section 12.1. 10.01 Applicability of Article............................................................... 87 ..................................................... 44 Section 12.2. 10.02 Satisfaction of Sinking Fund Payments with Securities.................................. 87 ........................ 44 Section 12.3. 10.03 Redemption of Securities for Sinking Fund.............................................. 88.................................... 44

Sinking Funds. 87 70 Section 12.1. 12.01 Applicability of Article............................................................... 87 ................................70 Section 12.2. 12.02 Satisfaction of Sinking Fund Payments with Securities.................................. 87 ...70 Section 12.3. 12.03 Redemption of Securities for Sinking Fund.............................................. 88...............70

Sinking Funds. 87 61 Section 12.1. 12.1 Applicability of Article............................................................... 87 ...................................................................61 Section 12.2. 12.2 Satisfaction of Sinking Fund Payments with Securities.................................. 87 ......................................61 Section 12.3. 12.3 Redemption of Securities for Sinking Fund.............................................. 88..................................................61

Sinking Funds. 87 61 Section 12.1. Applicability of Article............................................................... 87 .............................................................. 61 Section 12.2. Satisfaction of Sinking Fund Payments with Securities.................................. 87 ................................. 61 Section 12.3. Redemption of Securities for Sinking Fund.............................................. 88............................................. 62

Sinking Funds. 87 Section 12.176 SECTION 1201. Applicability of Article............................................................... 87 Section 12.2................................................................ 76 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3............................................................................... 76 SECTION 1203. Redemption of Securities for Sinking Fund.............................................. 88.......................................................................................... 77 ARTICLE THIRTEEN

Sinking Funds. 87 Section 65 SECTION 12.1. Applicability of Article............................................................... 87 Section ............................................65 SECTION 12.2. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section ...............65 SECTION 12.3. Redemption of Securities for Sinking Fund.............................................. 88...........................65 ARTICLE XIII

Sinking Funds. 87 59 Section 12.1. 11.1 Applicability of Article............................................................... 87 .............................................................. 59 Section 12.2. 11.2 Satisfaction of Sinking Fund Payments with With Securities.................................. 87 ................................. 60 Section 12.3. 11.3 Redemption of Securities for Sinking Fund.............................................. 88............................................. 60

Sinking Funds. 87 58 Section 12.11201. Applicability of Article............................................................... 87 ..................................................... 58 Section 12.21202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 ........................ 59 Section 12.31203. Redemption of Securities for Sinking Fund.............................................. 88.................................... 59 ARTICLE THIRTEEN

Sinking Funds. 87 93 Section 12.111.01. Applicability of Article............................................................... 87 ..........................93 Section 12.211.02. Satisfaction of Sinking Fund Payments with Securities.................................. 87 ........................................93 Section 12.311.03. Redemption of Securities for Sinking Fund.............................................. 88..............................................94 ARTICLE XII

Sinking Funds. 87 Section 12.171 SECTION 13.01. Applicability of Article............................................................... 87 Section 12.2........................................................... 71 SECTION 13.02. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3.............................. 71 SECTION 13.03. Redemption of Securities for Sinking Fund.............................................. 88.......................................... 71 ARTICLE XIV IMMUNITY OF INCORPORATORS, STOCKHOLDERS,OFFICERS AND DIRECTORS..................................... 72 SECTION 14.01. Exemption from Individual Liability................................................ 72 ARTICLE XV

Sinking Funds. 87 Section 12.163 SECTION 1201. Applicability of Article............................................................... 87 Section 12.2....................................................63 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3.......................63 SECTION 1203. Redemption of Securities for Sinking Fund.............................................. 88...................................63

Sinking Funds. 87 Section 12.1. 12.1 Applicability of Article............................................................... 87 .................................... 60 Section 12.2. 12.2 Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3. Redemption of Securities for Sinking Fund.............................................. 88....... 61 CONTENTS

Sinking Funds. 87 Section SECTION 12.1. Applicability of Article............................................................... 87 Section ......................................... 65 SECTION 12.2. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section ............ 65 SECTION 12.3. Redemption of Securities for Sinking Fund.............................................. 88........................ 65

Sinking Funds. 87 63 Section 12.1. 12.01 Applicability of Article............................................................... 87 .........................................................63 Section 12.2. 12.02 Satisfaction of Sinking Fund Payments with Securities.................................. 87 ............................63 Section 12.3. 12.03 Redemption of Securities for Sinking Fund.............................................. 88........................................64

Sinking Funds. 87 61 Section 12.11201. Applicability of Article............................................................... 87 ...................................................................61 Section 12.21202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 ......................................62 Section 12.31203. Redemption of Securities for Sinking Fund.............................................. 88..................................................62

Sinking Funds. 87 Section 12.161 SECTION 1201. Applicability of Article............................................................... 87 Section 12.2..................................... 61 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3........ 62 SECTION 1203. Redemption of Securities for Sinking Fund.............................................. 88.................... 62 ARTICLE THIRTEEN Meetings of Holders of Securities........................................... 62

Sinking Funds. 87 49 Section 12.11201. Applicability of Article............................................................... 87 ..............................................................49 Section 12.21202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 .................................49 Section 12.31203. Redemption of Securities for Sinking Fund.............................................. 88.............................................50 ARTICLE THIRTEEN

Sinking Funds. 87 26 Section 12.1. 5.01 Applicability of Article............................................................... 87 ............................... 26 Section 12.2. 5.02 Satisfaction of Sinking Fund Payments with Securities.................................. 87 .. 26 Section 12.3. 5.03 Redemption of Securities for Sinking Fund.............................................. 88.............. 26 ARTICLE 6 COVENANTS...................................................... 28 Section 6.01

Sinking Funds. 87 57 Section 12.1. 11.1 Applicability of Article............................................................... 87 Article ....................................... 57 Section 12.2. 11.2 Satisfaction of Sinking Fund Payments with Securities.................................. 87 With Securities .......... 58 Section 12.3. 11.3 Redemption of Securities for Sinking Fund.............................................. 88Fund ...................... 58 EXHIBIT A FORM OF FACE OF SECURITY .......................................... 1

Sinking Funds. 87 Section 12.1. Applicability 42 SECTION 1201.Applicability of Article............................................................... 87 Section 12.2. Satisfaction .................................42 SECTION 1202.Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3. Redemption ....43 SECTION 1203.Redemption of Securities for Sinking Fund.............................................. 88................43 ARTICLE

Sinking Funds. 87 73 Section 12.11201. Applicability of Article............................................................... 87 ...........................73 Section 12.21202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 ...........................73 Section 12.31203. Redemption of Securities for Sinking Fund.............................................. 88..........73 ARTICLE THIRTEEN

Sinking Funds. 87 Section 12.1. Applicability of Article............................................................... 87 Article ....................................90 Section 12.2. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Securities .......91 Section 12.3. Redemption of Securities for Sinking Fund.............................................. 88Fund ...................91

Sinking Funds. 87 89 Section 12.112.01. Applicability of Article............................................................... 87 .......................................................89 Section 12.212.02. Satisfaction of Sinking Fund Payments with Securities.................................. 87 ..........................89 Section 12.312.03. Redemption of Securities for Sinking Fund.............................................. 88......................................89 ARTICLE THIRTEEN....................................................................................90

Sinking Funds. 87 Section 12.1. 12.1 Applicability of Article............................................................... 87 ........................................84 Section 12.2. 12.2 Satisfaction of Sinking Fund Payments with Securities.................................. 87 ...........85 Section 12.3. 12.3 Redemption of Securities for Sinking Fund.............................................. 88.......................85

Sinking Funds. 87 48 Section 12.111.1. Applicability of Article............................................................... 87 ...............................48 Section 12.211.2. Satisfaction of Sinking Fund Payments with Securities.................................. 87 ..48 Section 12.311.3. Redemption of Securities for Sinking Fund.............................................. 88..............49 ARTICLE XII.

Sinking Funds. 87 44 Section 12.111.1. Applicability of Article............................................................... 87 ............................................................44 Section 12.211.2. Satisfaction of Sinking Fund Payments with Securities.................................. 87 ...............................44 Section 12.311.3. Redemption of Securities for Sinking Fund.............................................. 88...........................................45

Sinking Funds. 87 Section 12.171 SECTION 1201. Applicability of Article............................................................... 87 Section 12.2Article ...................................71 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3Securities ......71 SECTION 1203. Redemption of Securities for Sinking Fund.............................................. 88Fund ..................72 (iii)

Sinking Funds. 87 27 Section 12.14.01. Applicability of Article............................................................... 87 ............................................................27 Section 12.24.02. Satisfaction of Sinking Fund Payments with With Securities.................................. 87 ...............................28 Section 12.34.03. Redemption of Securities for Sinking Fund.............................................. 88...........................................28

Sinking Funds. 87 42 Section 12.111.1. Applicability of Article............................................................... 87 ...........................................................42 Section 12.211.2. Satisfaction of Sinking Fund Payments with Securities.................................. 87 ..............................42 Section 12.311.3. Redemption of Securities for Sinking Fund.............................................. 88..........................................43

Sinking Funds. 87 Section 12.1. 60 SECTION 12.01 Applicability of Article............................................................... 87 Section 12.2. ................................. 60 SECTION 12.02 Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3. .... 61 SECTION 12.03 Redemption of Securities for Sinking Fund.............................................. 88................ 61

Sinking Funds. 87 Section 12.1. 47 SECTION 12.1 Applicability of Article............................................................... 87 Section 12.2. Article .......................................................... 47 SECTION 12.2 Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3. Securities ............................. 47 SECTION 12.3 Redemption of Securities for Sinking Fund.............................................. 88Fund ......................................... 48

Sinking Funds. 87 55 Section 12.1. 12.01 Applicability of Article............................................................... 87 .........................................55 Section 12.2. 12.02 Satisfaction of Sinking Fund Payments with Securities.................................. 87 ............55 Section 12.3. 12.03 Redemption of Securities for Sinking Fund.............................................. 88........................56 ARTICLE XIII REDEMPTION UPON A DESIGNATED EVENT AND A RATING DECLINE..................56

Sinking Funds. 87 69 Section 12.1. 11.1 Applicability of Article............................................................... 87 ................................... 69 Section 12.2. 11.2 Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3. Redemption of Securities for Sinking Fund.............................................. 88....

Sinking Funds. 87 51 Section 12.1. 11.01 Applicability of Article............................................................... 87 ......................................................................51 Section 12.2. 11.02 Satisfaction of Sinking Fund Payments with Securities.................................. 87 Debentures.........................................51 Section 12.3. 11.03 Redemption of Securities Debentures for Sinking Fund.............................................. 88.....................................................52

Sinking Funds. 87 44 Section 12.111.1. Applicability of Article............................................................... 87 ............................................................ 44 Section 12.211.2. Satisfaction of Sinking Fund Payments with Securities.................................. 87 ............................... 44 Section 12.311.3. Redemption of Securities for Sinking Fund.............................................. 88........................................... 45

Sinking Funds. 87 Section 12.164 SECTION 13.01. Applicability of Article............................................................... 87 Section 12.2.......................................................... 64 SECTION 13.02. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3............................. 64 SECTION 13.03. Redemption of Securities for Sinking Fund.............................................. 88......................................... 65

Sinking Funds. 87 Section 12.163 SECTION 1201. Applicability of Article............................................................... 87 Section 12.2Article ................................. 63 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3Securities .... 64 SECTION 1203. Redemption of Securities for Sinking Fund.............................................. 88Fund ................ 64 ARTICLE THIRTEEN

Sinking Funds. 87 Section 12.169 SECTION 1201. Applicability of Article............................................................... 87 Section 12.2............................................. 69 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3................ 69 SECTION 1203. Redemption of Securities for Sinking Fund.............................................. 88............................ 69

Sinking Funds. 87 45 Section 12.111.1. Applicability of Article............................................................... 87 . .............................................................................45 Section 12.211.2. Satisfaction of Sinking Fund Payments with Securities.................................. 87 . ...........................45 Section 12.311.3. Redemption of Securities for Sinking Fund.............................................. 88...............................................46

Sinking Funds. 87 62 Section 12.11201. Applicability of Article............................................................... 87 ..........................................................62 Section 12.21202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 .............................62 Section 12.31203. Redemption of Securities for Sinking Fund.............................................. 88.........................................62 ARTICLE THIRTEEN

Sinking Funds. 87 56 Section 12.11201. Applicability of Article............................................................... 87 ............................................... 56 Section 12.21202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 .................. 56 Section 12.31203. Redemption of Securities for Sinking Fund.............................................. 88.............................. 56

Sinking Funds. 87 40 Section 12.1. 11.1 Applicability of Article............................................................... 87 .................................................. 40 Section 12.2. 11.2 Satisfaction of Sinking Fund Payments with With Securities.................................. 87 ..................... 41 Section 12.3. 11.3 Redemption of Securities for Sinking Fund.............................................. 88................................. 41

Sinking Funds. 87 52 Section 12.1. 11.1 Applicability of Article............................................................... 87 Article ................................. 52 Section 12.2. 11.2 Satisfaction of Sinking Fund Payments with Securities.................................. 87 With Securities .... 52 Section 12.3. 11.3 Redemption of Securities for Sinking Fund.............................................. 88Fund ................ 53

Sinking Funds. 87 25 Section 12.1. 5.01 Applicability of Article............................................................... 87 ............................... 25 Section 12.2. 5.02 Satisfaction of Sinking Fund Payments with Securities.................................. 87 Securities . 25 Section 12.3. 5.03 Redemption of Securities for Sinking Fund.............................................. 88.............. 26 ARTICLE 6

Sinking Funds. 87 Section 12.163 SECTION 1201. Applicability of Article............................................................... 87 Section 12.2.....................................................................63 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3........................................63 SECTION 1203. Redemption of Securities for Sinking Fund.............................................. 88....................................................63

Sinking Funds. 87 Section 64 SECTION 12.1. Applicability of Article............................................................... 87 Section .....................................................64 SECTION 12.2. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section ........................65 SECTION 12.3. Redemption of Securities for Sinking Fund.............................................. 88....................................65

Sinking Funds. 87 Section 12.1. 72 SECTION 12.01 Applicability of Article............................................................... 87 Section 12.2. .................................72 SECTION 12.02 Satisfaction of Sinking Fund Payments with Securities.................................. 87 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. 87 63 Section 12.11201. Applicability of Article............................................................... 87 ....................................................................... 63 Section 12.21202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 .......................................... 63 Section 12.31203. Redemption of Securities for Sinking Fund.............................................. 88...................................................... 64 ARTICLE THIRTEEN

Sinking Funds. 87 Section 12.168 SECTION 1201. Applicability of Article............................................................... 87 Section 12.2..................................... 68 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3........ 69 SECTION 1203. Redemption of Securities for Sinking Fund.............................................. 88.................... 69

Sinking Funds. 87 57 Section 12.1. 12.1 Applicability of this Article............................................................... 87 .........................................................57 Section 12.2. 12.2 Satisfaction of Sinking Fund Payments with With Debt Securities.................................. 87 ............................58 Section 12.3. 12.3 Redemption of Debt Securities for Sinking Fund.............................................. 88........................................58

Sinking Funds. 87 Section 12.1. 12.1 Applicability of Article............................................................... 87 .......................................................................73 Section 12.2. 12.2 Satisfaction of Sinking Fund Payments with Securities.................................. 87 ..........................................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. 87 42 Section 12.1. 11.1 Applicability of Article............................................................... 87 ......................................................... 42 Section 12.2. 11.2 Satisfaction of Sinking Fund Payments with Securities.................................. 87 ............................ 42 Section 12.3. 11.3 Redemption of Securities for Sinking Fund.............................................. 88........................................ 43

Sinking Funds. 87 32 Section 12.1. 5.01 Applicability of Article............................................................... 87 .............. 32 Section 12.2. 5.02 Satisfaction of Sinking Fund Payments with With Securities.................................. 87 ....................... 33 Section 12.3. 5.03 Redemption of Securities for Sinking Fund.............................................. 88.......................... 33

Sinking Funds. 87 Section 12.160 1201. Applicability of Article............................................................... 87 Section 12.2........................................................................... 60 1202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3.............................................. 60 1203. Redemption of Securities for Sinking Fund.............................................. 88.......................................................... 61

Sinking Funds. 87 Section 65 (S) 12.1. Applicability of Article............................................................... 87 Section ..........................................65 (S) 12.2. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section .............65 (S) 12.3. Redemption of Securities for Sinking Fund.............................................. 88.........................66

Sinking Funds. 87 32 Section 12.1. 5.01 Applicability of Article............................................................... 87 ....................................................32 Section 12.2. 5.02 Satisfaction of Sinking Fund Payments with Securities.................................. 87 .......................33 Section 12.3. 5.03 Redemption of Securities for Sinking Fund.............................................. 88...................................33

Sinking Funds. 87 Section 12.161 SECTION 1201. Applicability of Article............................................................... 87 Section 12.2..........................................................................61 SECTION 1202. Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3.............................................61 SECTION 1203. Redemption of Securities for Sinking Fund.............................................. 88.........................................................61 ARTICLE THIRTEEN SUBORDINATION....................................................................................................62

Sinking Funds. 87 Section 12.1. 78 SECTION 12.01 Applicability of Article............................................................... 87 Section 12.2. .....................................................78 SECTION 12.02 Satisfaction of Sinking Fund Payments with Securities.................................. 87 Section 12.3. ........................78 SECTION 12.03 Redemption of Securities for Sinking Fund.............................................. 88....................................79