Terms of First Mortgage Bonds. The First Mortgage Bonds of each series will have the same stated interest rate, interest payment dates, stated maturity and redemption provisions (including Make-Whole Amount, if any), and will be in the same aggregate principal amount, as the related Notes. Payments of the principal of, Make-Whole Amount, if any, and interest on the Notes of a series shall be deemed to satisfy and discharge the Company’s obligation to make such payments on the related First Mortgage Bonds. Principal of, Make-Whole Amount, if any, and interest on the First Mortgage Bonds are payable at the principal office of the Mortgage Trustee in Edison, New Jersey or at the Company’s option at the principal office of the Collateral Agent.
Terms of First Mortgage Bonds. The First Mortgage Bonds will have the same stated interest rate, interest payment dates, stated maturity and redemption provisions (including Make-Whole Amount, if any), and will be in the same aggregate principal amount, as the Notes; provided, however, that the interest rate on defaulted principal, Make-Whole Amount, if any, and interest on the First Mortgage Bonds, to the extent permitted by law, is 6% per annum. Payments of the principal of, Make-Whole Amount, if any, and interest on the Notes shall be deemed to satisfy and discharge the Company’s obligation to make such payments on the First Mortgage Bonds. Principal of, Make-Whole Amount, if any, and interest on the First Mortgage Bonds are payable at the principal office of the Mortgage Trustee in Chicago, Illinois or at the Company’s option at the principal office of the Collateral Agent.
Terms of First Mortgage Bonds. The First Mortgage Bonds will have the same stated interest rate, interest payment dates, stated maturity and redemption provisions (including Make-Whole Amount, if any), and will be in the same aggregate principal amount, as the Notes. Payments of the principal of, Make-Whole Amount, if any, and interest on the Notes shall be deemed to satisfy and discharge the Company’s obligation to make such payments on the First Mortgage Bonds. Principal of, Make-Whole Amount, if any, and interest on the First Mortgage Bonds are payable at the principal office of the Mortgage Trustee in Morristown, New Jersey or at the Company’s option at the principal office of the Collateral Agent.
Terms of First Mortgage Bonds. First Mortgage Bonds delivered to the Trustee pursuant to SECTION 4.01 shall have the same rate or rates of interest (or interest calculated in the same manner), interest payment dates, maturity and redemption provisions, and shall be in the same aggregate principal amount, as the series of Securities being issued.
Terms of First Mortgage Bonds. (a) There is hereby created a series of Securities designated "8.665% First Mortgage Bonds Due 2017" in the aggregate principal amount of $255,210,000. Upon delivery of a Company Order to the Trustee in accordance with the provisions of Section 2.4 of the Original Indenture, the Trustee shall authenticate and deliver the First Mortgage Bonds. Such Company Order shall specify the amount of the First Mortgage Bonds to be authenticated and the date on which such Securities are to be authenticated.
