Company: AILIM
Filing Date: 2025-09-16
Form Type: 424B2
Source: 0001104659-25-090464
Chunk: 79

Company: Ameren Illinois Co
Filing Date: 2025-09-16
Form: 424B2
Chunk 79
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, to provide that the mortgage indenture will not prevent or restrict any conveyance, transfer or lease of any of our properties where we retain mortgaged property with a fair value in excess of the reciprocal of the bonding ratio (the bonding ratio is now 75%) multiplied by the aggregate principal amount of all outstanding first mortgage bonds, and any other outstanding debt secured by a prior lien that ranks equally with, or senior to, the first mortgage bonds with respect to the mortgaged property that we retain. This fair value will be determined within 90 days of the conveyance, transfer or lease by an independent expert that we select.

#### Release of Property
We may obtain the release of any funded property from the lien of the mortgage indenture, except for cash held by the mortgage trustee, upon delivery to the mortgage trustee of an amount in cash equal to the amount, if any, by which the cost of the property to be released (or, if less, the fair value of such property at the time it became funded property) exceeds the aggregate of:

•

the principal amount, subject to certain limitations, of obligations secured by purchase money mortgages upon the property to be released and delivered to the mortgage trustee;

•

the cost or fair value (whichever is less) of certified property additions not constituting funded property after certain deductions and additions, primarily including adjustments to offset property retirements (except that such adjustments need not be made if such property additions were acquired or made within the 90-day period preceding the release);

•

an amount equal to 133 1 ∕ 3 % of the aggregate principal amount of first mortgage bonds that we would be entitled to issue on the basis of retired bonds (with such entitlement being waived by operation of such release);

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an amount equal to 133 1 ∕ 3 % of the aggregate principal amount of first mortgage bonds delivered to the mortgage trustee;

•

the deposit of cash or, to a limited extent, the principal amount of obligations secured by purchase money mortgages upon the property released delivered to the trustee or other holder of a lien prior to the lien of the mortgage indenture; and

•

any taxes and expenses incidental to any sale, exchange, dedication or other disposition of the property to be released.

Property which is not funded property may generally be released from the lien of the mortgage indenture without depositing any cash or property with the mortgage trustee as long as:

•

the aggregate amount of cost or fair value (whichever is less) of all property additions which do not constitute funded property