Common use of Description of the Bonds Clause in Contracts

Description of the Bonds. The Bonds will be issued pursuant to an indenture to be dated as of December 20, 2024, as supplemented by a series supplement thereto (as so supplemented, the “Indenture”), between the Issuer and The Bank of New York Mellon Trust Company, N.A., as indenture trustee (the “Indenture Trustee”) and as securities intermediary (the “Securities Intermediary”). The Bonds will be senior secured obligations of the Issuer and will be supported by securitized utility tariff property (as more fully described in the irrevocable amended report and order issued by the Missouri Public Service Commission (the “MPSC”), File No. EF-2024-0021, on August 7, 2024, which became effective on August 17, 2024 (the “Financing Order”) relating to the Bonds, “Securitized Utility Tariff Property”), to be sold to the Issuer by Ameren pursuant to the Securitized Utility Tariff Property Purchase and Sale Agreement, to be dated on or about December 20, 2024, between Ameren and the Issuer (the “Sale Agreement”). The Securitized Utility Tariff Property securing the Bonds will be serviced pursuant to the Securitized Utility Tariff Property Servicing Agreement, to be dated on or about December 20, 2024, between Ameren, as servicer, and the Issuer, as owner of the Securitized Utility Tariff Property sold to it pursuant to the Sale Agreement (the “Servicing Agreement”).

Description of the Bonds. The Bonds will be issued pursuant to an indenture to be dated as of December 20[Closing Date], 20242023, as supplemented by a one or more series supplement supplements thereto (as so supplemented, the “Indenture”), between among the Issuer and The Issuer, U.S. Bank of New York Mellon Trust Company, N.A.National Association, as indenture trustee (the “Indenture Trustee”) ), and U.S. Bank National Association, as securities intermediary (the “Securities Intermediary”). The Bonds will be senior secured obligations of the Issuer and will be supported by securitized utility tariff property (as more fully described in the irrevocable amended report and order Financing Order issued by the Missouri Public Service Commission (the “MPSC”)on October 25, File No. EF-2024-0021, on August 7, 2024, which became effective on August 17, 2024 2022 (the “Financing Order”) by the State Corporation Commission of the State of Kansas (“KCC”) relating to the Bonds, the “Securitized Utility Tariff Property”), to be sold to the Issuer by Ameren Atmos Energy pursuant to the Securitized Utility Tariff Property Purchase and Sale Agreement, to be dated on or about December 20as of [Closing Date], 2024, 2023 between Ameren Atmos Energy and the Issuer (the “Sale Agreement”). The Securitized Utility Tariff Property securing the Bonds will be serviced pursuant to the Securitized Utility Tariff Property Servicing Agreement, to be dated on or about December 20as of [Closing Date], 2024, 2023 between AmerenAtmos Energy, as servicer, and the Issuer, as owner of the Securitized Utility Tariff Property sold to it pursuant to the Sale Agreement (the “Servicing Agreement”).

Description of the Bonds. The Bonds will be issued pursuant to an indenture to be dated as of December 20[_____], 2024, as supplemented by a series supplement thereto (as so supplemented, the “Indenture”), between the Issuer and The Bank of New York Mellon Trust Company, N.A., as indenture trustee (the “Indenture Trustee”) and as securities intermediary (the “Securities Intermediary”). The Bonds will be senior secured obligations of the Issuer and will be supported by securitized utility tariff property (as more fully described in the irrevocable amended report and order issued by the Missouri Public Service Commission (the “MPSC”), File No. EF-2024-0021, on August 7, 2024, which became effective on August 17, 2024 (the “Financing Order”) relating to the Bonds, “Securitized Utility Tariff Property”), to be sold to the Issuer by Ameren pursuant to the Securitized Utility Tariff Property Purchase and Sale Agreement, to be dated on or about December 20[_____], 2024, between Ameren and the Issuer (the “Sale Agreement”). The Securitized Utility Tariff Property securing the Bonds will be serviced pursuant to the Securitized Utility Tariff Property Servicing Agreement, to be dated on or about December 20[_____], 2024, between Ameren, as servicer, and the Issuer, as owner of the Securitized Utility Tariff Property sold to it pursuant to the Sale Agreement (the “Servicing Agreement”).

Description of the Bonds. The Bonds will be issued pursuant to an indenture to be dated as of December 20[_____] [●], 2024, as supplemented by a series supplement thereto (as so supplemented, the “Indenture”), between the Issuer and The Bank of New York Mellon Trust Company, N.A.National Association, as indenture trustee (the “Indenture Trustee”) and as securities intermediary (the “Securities Intermediary”). The Bonds will be senior secured obligations of the Issuer and will be supported by securitized utility tariff property (as more fully described in the irrevocable amended report and order issued by the Missouri Public Service Commission (the “MPSC”), File No. EF-2024EO-2022-00210040 and File No. EO-2022-0193, on August 7September 22, 20242022, which became effective on August 17October 2, 2024 2022 (the “Financing Order”) relating to the Bonds, “Securitized Utility Tariff Property”), to be sold to the Issuer by Ameren Liberty pursuant to the Securitized Utility Tariff Property Purchase and Sale Agreement, to be dated on or about December 20[_______] [●], 2024, between Ameren Liberty and the Issuer (the “Sale Agreement”). The Securitized Utility Tariff Property securing the Bonds will be serviced pursuant to the Securitized Utility Tariff Property Servicing Agreement, to be dated on or about December 20[_____] [●], 2024, between AmerenLiberty, as servicer, and the Issuer, as owner of the Securitized Utility Tariff Property sold to it pursuant to the Sale Agreement (the “Servicing Agreement”).

Description of the Bonds. The Bonds will be issued pursuant to an indenture to be dated as of December 20January 30, 2024, as supplemented by a series supplement thereto (as so supplemented, the “Indenture”), between the Issuer and The Bank of New York Mellon Trust Company, N.A.National Association, as indenture trustee (the “Indenture Trustee”) and as securities intermediary (the “Securities Intermediary”). The Bonds will be senior secured obligations of the Issuer and will be supported by securitized utility tariff property (as more fully described in the irrevocable amended report and order issued by the Missouri Public Service Commission (the “MPSCMPSC ”), File No. EF-2024EO-2022-00210040 and File No. EO-2022-0193, on August 7September 22, 20242022, which became effective on August 17October 2, 2024 2022 (the “Financing Order”) relating to the Bonds, “Securitized Utility Tariff Property”), to be sold to the Issuer by Ameren Liberty pursuant to the Securitized Utility Tariff Property Purchase and Sale Agreement, to be dated on or about December 20January 30, 2024, between Ameren Liberty and the Issuer (the “Sale AgreementAgreement ”). The Securitized Utility Tariff Property securing the Bonds will be serviced pursuant to the Securitized Utility Tariff Property Servicing Agreement, to be dated on or about December 20January 30, 2024, between AmerenLiberty, as servicer, and the Issuer, as owner of the Securitized Utility Tariff Property sold to it pursuant to the Sale Agreement (the “Servicing Agreement”).