Common use of Initial Principal Amount; Bond Interest Rate; Scheduled Final Payment Date; Final Maturity Date; Required Capital Level Clause in Contracts

Initial Principal Amount; Bond Interest Rate; Scheduled Final Payment Date; Final Maturity Date; Required Capital Level. The Deferred Fuel Cost Bonds of each Tranche shall have the initial principal amount, bear interest at the rates per annum (the “Bond Interest Rate”) and shall have the Scheduled Final Payment Dates and the Final Maturity Dates set forth below: Tranche Initial Principal Amount Bond Interest Rate Scheduled Final Payment Date Final Maturity Date A-1 $ 439,300,000 5.088 % May 1, 2027 May 1, 2029 A-2 $ 842,600,000 4.877 % May 1, 2031 May 1, 2033 The Bond Interest Rate shall be computed by the Issuer on the basis of a 360-day year of twelve 30-day months. The Required Capital Level for the Deferred Fuel Cost Bonds shall be equal to 0.50% of the initial principal amount thereof.

Initial Principal Amount; Bond Interest Rate; Scheduled Final Payment Date; Final Maturity Date; Required Capital Level. The Deferred Fuel Cost Bonds of each Tranche shall have the initial principal amount, bear interest at the rates per annum (the “Bond Interest Rate”) and shall have the Scheduled Final Payment Dates and the Final Maturity Dates set forth below: Tranche Initial Principal Amount Bond Interest Rate Scheduled Final Payment Date Final Maturity Date A-1 $ $439,300,000 5.088 5.088% May 1, 2027 May 1, 2029 A-2 $ $842,600,000 4.877 4.877% May 1, 2031 May 1, 2033 The Bond Interest Rate shall be computed by the Issuer on the basis of a 360-day year of twelve 30-day months. The Required Capital Level for the Deferred Fuel Cost Bonds shall be equal to 0.50% of the initial principal amount thereof.