DTE Energy 2013 Annual Report Download - page 171

Download and view the complete annual report

Please find page 171 of the 2013 DTE Energy annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 235

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235

If any such temporary 2013 Series D Bonds shall at any time be so authenticated and delivered in lieu of definitive 2013 Series
D Bonds, the Company shall upon request at its own expense prepare, execute and deliver to the Trustee and thereupon, upon the
presentation and surrender of temporary 2013 Series D Bonds, the Trustee shall authenticate and deliver in exchange therefor, without
charge to the holder, definitive 2013 Series D Bonds of the same series and other terms, if any, and for the same principal sum in the
aggregate as the temporary 2013 Series D Bonds surrendered. All temporary 2013 Series D Bonds so surrendered shall be forthwith
canceled by the Trustee and delivered to or upon the order of the Company. Until exchanged for definitive 2013 Series D Bonds the
temporary 2013 Series D Bonds shall in all respects be entitled to the lien and security of the Indenture and all supplemental indentures.
ARTICLE III
ESTABLISHMENT OF AN ISSUE OF
FIRST MORTGAGE BONDS, OF THE SERIES
DESIGNATED AND DISTINGUISHED AS “2013 SERIES E BONDS”
SECTION 1
There is hereby established a series of bonds to be issued under and secured by the Indenture, to be known as “First Mortgage
Bonds,” designated and distinguished as “2013 Series E Bonds” of the Company. The 2013 Series E Bonds shall be limited in aggregate
principal amount to $50,000,000 except as provided in Article IV of the Indenture and in this Supplemental Indenture with respect to
transfers, exchanges and replacements of 2013 Series E Bonds. The 2013 Series E Bonds shall be registered bonds without coupons and
shall be dated as of the date of the authentication thereof by the Trustee.
The 2013 Series E Bonds shall mature on the 15th day of December, 2028 (subject to earlier redemption, as provided herein),
shall bear interest at the rate of 3.94% per annum, payable semi-annually on the 15th day of June and December of each year and at
maturity (each an “2013 Series E Interest Payment Date”), beginning on June 15, 2014. The principal, Make-Whole Amount (as
defined below), if any, and interest on the 2013 Series E Bonds shall be payable in lawful money of the United States of America; the
place where such principal and Make-Whole Amount, if any, shall be payable shall be the corporate trust office of the Trustee in the
Borough of Manhattan, the City of New York, New York, and the place where such interest shall be payable shall be the office or
agency of the Company in said Borough of Manhattan, the City of New York, New York. The 2013 Series E Bonds shall have such
other terms as set forth in the form of 2013 Series E Bond provided in Section 3.
28