Common use of Authorization of Bonds Clause in Contracts

Authorization of Bonds. The Company will authorize the issue and sale of $100,000,000 aggregate principal amount of its First Mortgage Bonds, 2.53% Series due June 9, 2030 (the “Bonds”). The Bonds will be issued under and in accordance with and secured by the Mortgage and Deed of Trust, dated as of October 1, 1943 (the “Mortgage and Deed of Trust”), from the Company to The Bank of New York Mellon (as successor to The New York Trust Company), as trustee (the “Trustee”), as amended and supplemented through the date hereof and as further amended and supplemented by the One Hundred and Twenty-Third Supplemental Indenture, dated as of June 1, 2020 (the “Supplemental Indenture”), establishing the terms of the Bonds (the Mortgage and Deed of Trust, as so amended and supplemented, being hereinafter called the “Mortgage”). The Supplemental Indenture shall be substantially in the form set out in Exhibit A hereto, with such changes therefrom, if any, as may be approved by the Purchasers and the Company. Certain capitalized terms used herein shall have the respective meanings ascribed to such terms in the Mortgage unless otherwise defined in Schedule B to this Agreement or the context hereof shall otherwise require.

Authorization of Bonds. The Company will authorize the issue and sale of $100,000,000 125,000,000 aggregate principal amount of its First Mortgage Bonds, 2.533.24% Series due June 9March 30, 2030 2051 (the “Bonds”). The Bonds will be issued under and in accordance with and secured by the Mortgage and Deed of Trust, dated as of October 1, 1943 (the “Mortgage and Deed of Trust”), from the Company to The Bank of New York Mellon (as successor to The New York Trust Company), as trustee (the “Trustee”), as amended and supplemented through the date hereof and as further amended and supplemented by the One Hundred and Twenty-Third Supplemental Indenture, dated as of June 1February 15, 2020 2021 (the “Supplemental Indenture”), establishing the terms of the Bonds (the Mortgage and Deed of Trust, as so amended and supplemented, being hereinafter called the “Mortgage”). The Supplemental Indenture shall be substantially in the form set out in Exhibit A hereto, with such changes therefrom, if any, as may be approved by the Purchasers and the Company. Certain capitalized terms used herein shall have the respective meanings ascribed to such terms in the Mortgage unless otherwise defined in Schedule B to this Agreement or the context hereof shall otherwise require.

Authorization of Bonds. The Company will authorize the issue and sale of $100,000,000 75,000,000 aggregate principal amount of its First Mortgage Bonds, 2.534.14% Series due June 9SERIES DUE DECEMBER 12, 2030 2049 (the “Bonds”). The Bonds will be issued under and in accordance with and secured by the Mortgage and Deed of Trust, dated as of October 1, 1943 (the “Mortgage and Deed of Trust”), from the Company to The Bank of New York Mellon (as successor to The New York Trust Company), as trustee (the “Trustee”), as amended and supplemented through the date hereof and as further amended and supplemented by the One Hundred and Twenty-Third Second Supplemental Indenture, dated as of June 1MAY 2, 2020 2019 (the “Supplemental Indenture”), establishing the terms of the Bonds (the Mortgage and Deed of Trust, as so amended and supplemented, being hereinafter called the “Mortgage”). The Supplemental Indenture shall be substantially in the form set out in Exhibit A hereto, with such changes therefrom, if any, as may be approved by the Purchasers and the Company. Certain capitalized terms used herein shall have the respective meanings ascribed to such terms in the Mortgage unless otherwise defined in Schedule B to this Agreement or the context hereof shall otherwise require.

Authorization of Bonds. The Company will authorize the issue and sale of $100,000,000 125,000,000 aggregate principal amount of its First Mortgage Bonds, 2.535.28% Series due June 9SERIES DUE MARCH 26, 2030 2035 (the “Bonds”). The Bonds will be issued under and in accordance with and secured by the Mortgage and Deed of Trust, dated as of October 1, 1943 (the “Mortgage and Deed of Trust”), from the Company to The Bank of New York Mellon (as successor to The New York Trust Company), as trustee (the “Trustee”), as amended and supplemented through the date hereof and as further amended and supplemented by the One Hundred and Twenty-Third Supplemental Indenture, dated as of June March 1, 2020 2025 (the “Supplemental Indenture”), establishing the terms of the Bonds (the Mortgage and Deed of Trust, as so amended and supplemented, being hereinafter called the “Mortgage”). The Supplemental Indenture shall be substantially in the form set out in Exhibit A hereto, with such changes therefrom, if any, as may be approved by the Purchasers and the Company. Certain capitalized terms used herein shall have the respective meanings ascribed to such terms in the Mortgage unless otherwise defined in Schedule B to this Agreement or the context hereof shall otherwise require.

Authorization of Bonds. The Company will authorize the issue and sale of $100,000,000 aggregate principal amount of its First Mortgage Bonds, 2.533.24% Series due June 9, 2030 2050 (the “Bonds”). The Bonds will be issued under and in accordance with and secured by the Mortgage and Deed of Trust, dated as of October 1January 15, 1943 1937 (the “Mortgage and Deed of Trust”), from the Company to The Bank of New York Mellon (as successor to The New York formerly Irving Trust Company), as trustee (the “Trustee”), as amended and supplemented through the date hereof and as further amended and supplemented by the One Hundred Indenture Supplemental to the Mortgage and Twenty-Third Supplemental IndentureDeed of Trust, dated as of June 1, 2020 (the “Supplemental Indenture”), establishing the terms of the Bonds (the Mortgage and Deed of Trust, as so amended and supplemented, being hereinafter called the “Mortgage”). The Supplemental Indenture shall be substantially in the form set out in Exhibit A hereto, with such changes therefrom, if any, as may be approved by the Purchasers and the Company. Certain capitalized terms used herein shall have the respective meanings ascribed to such terms in the Mortgage unless otherwise defined in Schedule B to this Agreement or the context hereof shall otherwise require.

Authorization of Bonds. The Company will authorize the issue and sale of $100,000,000 75,000,000 aggregate principal amount of its First Mortgage Bonds, 2.535.57% Series due June 9March 15, 2030 2053 (the “Bonds”). The Bonds will be issued under and in accordance with and secured by the Mortgage and Deed of Trust, dated as of October 1January 15, 1943 1937 (the “Mortgage and Deed of Trust”), from the Company to The Bank of New York Mellon (as successor to The New York formerly Irving Trust Company), as trustee (the “Trustee”), as amended and supplemented through the date hereof and as further amended and supplemented by an Indenture Supplemental to the One Hundred Mortgage and Twenty-Third Supplemental IndentureDeed of Trust, dated as of June March 1, 2020 2023 (the “Supplemental Indenture”), establishing the terms of the Bonds (the Mortgage and Deed of Trust, as so amended and supplemented, being hereinafter called the “Mortgage”). The Supplemental Indenture shall be substantially in the form set out in Exhibit A hereto, with such changes therefrom, if any, as may be approved by the Purchasers and the Company. Certain capitalized terms used herein shall have the respective meanings ascribed to such terms in the Mortgage unless otherwise defined in Schedule B to this Agreement or the context hereof shall otherwise require.