EXHIBIT 4(B) TRUST AGREEMENT OF HECO CAPITAL TRUST I THIS TRUST AGREEMENT is made as of December 31, 1996 (the "Trust Agreement"), by and among Hawaiian Electric Company, Inc., a Hawaii corporation, as Depositor (the "Depositor"), The Bank of New York...Trust Agreement • January 30th, 1997 • Heco Capital Trust I • Electric services
amongTrust Agreement • March 13th, 1997 • Heco Capital Trust I • Electric services • Delaware
ANDHeco Capital Trust I • March 13th, 1997 • Electric services • New York
EXHIBIT 1 2,000,000 Preferred Securities HECO CAPITAL TRUST I __% Cumulative Quarterly Income Preferred Securities, Series 1997 ("QUIPS"/sm/) (liquidation preference $25 per preferred security) guaranteed to the extent HECO Capital Trust I has funds...Heco Capital Trust I • March 13th, 1997 • Electric services
Exhibit 4(i) AGREEMENT AS TO EXPENSES AND LIABILITIES ---------------------------------------- AGREEMENT dated as of March 1, 1997, between Hawaiian Electric Company, Inc., a Hawaii corporation ("HECO"), Maui Electric Company, Limited, a Hawaii...Agreement • March 13th, 1997 • Heco Capital Trust I • Electric services • Hawaii
BETWEEN HAWAIIAN ELECTRIC COMPANY, INC. (AS GUARANTOR) ANDTrust Guarantee Agreement • March 13th, 1997 • Heco Capital Trust I • Electric services • New York
Trust Indenture Junior Indenture Act Section Section ---------------------- --------------------- (S) 310 (a)(1) ............ 7.10 (a)(2) ............ 7.10 (a)(3) ............ Not Applicable (a)(4) ............ Not Applicable (a)(5) ............ Not...Junior Indenture • March 13th, 1997 • Heco Capital Trust I • Electric services • New York
