Common use of Purposes of the Notes Clause in Contracts

Purposes of the Notes. The proceeds of the issue of the Notes shall be utilized by the Issuer for the following purposes: (a) to pay the Costs of Issuance of the Notes; (b) to make payments of principal, interest and premiums, if any, on previously issued Notes or Bonds; (c) to fund the growth and expansion of its electrical transmission network in Alberta through capital development projects and acquisitions; (d) to repay bank indebtedness, if any, under the Issuer's credit facilities; (e) to repay outstanding commercial paper, if any; (f) to fund certain Funds (including any Sinking Funds) and Reserve Funds maintained by the Issuer pursuant to the Master Indenture and this Tenth Supplemental Indenture; (g) to fund other capital projects related to the operation and maintenance of the Business; and (h) for general business purposes.

Purposes of the Notes. The proceeds of the issue of the Notes shall be utilized by the Issuer for the following purposes: (a) to pay the Costs of Issuance of the Notes; (b) to make payments of principal, interest and premiums, if any, on previously issued Notes or Bonds; (c) to fund the growth and expansion of its electrical transmission network in Alberta through capital development projects and acquisitions; (dc) to repay bank indebtedness, if any, indebtedness under the Issuer's credit facilities;: (ed) to repay outstanding commercial paper, if any; (e) to make payments of principal, interest and premiums, if any, on previously issued Notes or Bonds; (f) to fund certain Funds (including any Sinking Funds) and Reserve Funds maintained by the Issuer pursuant to the Master Indenture and this Tenth Ninth Supplemental Indenture; (g) to fund other capital projects related to the operation and maintenance of the Business; : and (h) for general business purposes.