Document:

EXHIBIT
4.7.1(yy)

 

Upon recording, return to:

Ms. Shawne M. Keenan

Sutherland Asbill & Brennan LLP

999 Peachtree Street, N.E.

Atlanta, Georgia 30309-3996

 

PURSUANT TO
§44-14-35.1 OF OFFICIAL CODE OF
GEORGIA ANNOTATED, THIS INSTRUMENT EMBRACES,

COVERS AND
CONVEYS SECURITY TITLE TO AFTER-ACQUIRED PROPERTY OF THE GRANTOR

 

	
   

  	
   

  	
   

  

 

OGLETHORPE POWER CORPORATION

(AN ELECTRIC MEMBERSHIP CORPORATION),

GRANTOR,

 

to

 

U.S. BANK NATIONAL ASSOCIATION,

TRUSTEE

 

FIFTIETH
SUPPLEMENTAL

INDENTURE

 

Relating to the

Series 2009A Line of Credit Notes

 

Dated as of November 30, 2009

 

FIRST MORTGAGE OBLIGATIONS

 

	
   

  	
   

  	
   

  

 

NOTE TO CLERK OF THE GEORGIA
SUPERIOR COURT AND GEORGIA TAX COMMISSIONER: NO INTANGIBLES RECORDING TAX IS DUE IN
CONNECTION WITH THE RECORDING OF THIS INSTRUMENT BECAUSE THIS INSTRUMENT
SECURES A SHORT TERM NOTE AND NOT A LONG TERM NOTE PURSUANT TO THE
DEFINITIONS SET FORTH IN O.C.G.A. §48-6-60 AND GEORGIA ADMINISTRATIVE CODE
§560-11-8-.03(4).

 

 

THIS FIFTIETH
SUPPLEMENTAL INDENTURE, dated as of November 30, 2009, is
between OGLETHORPE POWER CORPORATION (AN
ELECTRIC MEMBERSHIP CORPORATION), formerly known as Oglethorpe Power
Corporation (An Electric Membership Generation & Transmission
Corporation), an electric membership corporation organized and existing under
the laws of the State of Georgia, as grantor (the “Company”), and U.S. BANK NATIONAL ASSOCIATION, a national
banking association, as successor to SunTrust Bank, formerly known as SunTrust
Bank, Atlanta, as trustee (in such capacity, the “Trustee”).

 

WHEREAS, the Company
has heretofore executed and delivered to the Trustee an Indenture, dated as of March 1,
1997 (the “Original Indenture”), for the purpose of securing its Existing
Obligations and providing for the authentication and delivery of Additional
Obligations by the Trustee from time to time under the Original Indenture
(capitalized terms used herein and not otherwise defined shall have the
meanings assigned to them in the Original Indenture);

 

WHEREAS, the Company has
heretofore executed and delivered to the Trustee forty-nine Supplemental
Indentures (the Original Indenture, as heretofore, hereby and hereafter
supplemented and modified, the “Indenture”) and the Original Indenture and the
forty-nine Supplemental Indentures have been recorded as set forth on Schedule 1;

 

WHEREAS, the Company is
entering into that certain Credit Agreement, dated as of November 30, 2009
(as it may be amended, modified, supplemented or extended from time to time,
the “Credit Agreement”), with the lenders from time to time as parties thereto
(collectively, the “Lenders”) and CoBank, ACB, as Administrative Agent,
pursuant to which the Lenders have agreed to loan funds to and issue letters of
credit on behalf of the Company from time to time in an aggregate principal
amount not to exceed $150,000,000 at any one time outstanding, to be used by
the Company for, among other uses, general corporate purposes;

 

WHEREAS, the Company’s
obligation to repay amounts loaned and reimburse the Lenders for drawings under
any letters of credit under the Credit Agreement is evidenced by those certain
promissory notes, each dated the date of its authentication (collectively, the “Series 2009A
Line of Credit Notes”), each from the Company to a Lender;

 

WHEREAS, the Company
has complied or will comply with all provisions required to issue Additional
Obligations provided for in the Original Indenture;

 

WHEREAS, the Company
desires to execute and deliver this Fiftieth Supplemental Indenture, in
accordance with the provisions of the Original Indenture, for the purpose of
providing for the creation and designation of the Series 2009A Line of
Credit Notes as Additional Obligations and specifying the form and provisions
thereof;

 

WHEREAS, Section 12.1
of the Original Indenture provides that, without the consent of the Holders of
any of the Obligations, the Company, when authorized by a Board Resolution, and
the Trustee may enter into Supplemental Indentures for the purposes and subject
to the conditions set forth in said Section 12.1, including to create
additional series of Obligations under the Indenture and to make provisions for
such additional series of Obligations; and

 

 

WHEREAS, all acts and
proceedings required by law and by the Articles of Incorporation and Bylaws of
the Company necessary to secure under the Indenture the payment of the
principal of (and premium, if any) and interest on each Series 2009A Line
of Credit Note, to make each Series 2009A Line of Credit Note to be issued
hereunder, when executed by the Company, authenticated and delivered by the
Trustee and duly issued, the valid, binding and legal obligation of the
Company, and to constitute the Indenture a valid and binding lien for the
security of each Series 2009A Line of Credit Note, in accordance with its
terms, have been done and taken; and the execution and delivery of this
Fiftieth Supplemental Indenture have been in all respects duly authorized by
the Company;

 

NOW,
THEREFORE, THIS FIFTIETH SUPPLEMENTAL INDENTURE WITNESSES, that, to
secure the payment of the principal of (and premium, if any) and interest on
the Outstanding Secured Obligations, including, when authenticated and
delivered, each Series 2009A Line of Credit Note, to confirm the lien of
the Indenture upon the Trust Estate, including property purchased, constructed
or otherwise acquired by the Company since the date of execution of the
Original Indenture, to secure performance of the covenants therein and herein
contained, to declare the terms and conditions on which each Series 2009A
Line of Credit Note is secured, and in consideration of the premises thereof
and hereof, the Company by these presents does grant, bargain, sell, alienate,
remise, release, convey, assign, transfer, mortgage, hypothecate, pledge, set
over and confirm to the Trustee, and its successors and assigns in the trust
created thereby and hereby, in trust, all property, rights, privileges and
franchises (other than Excepted Property or Excludable Property) of the
Company, whether now owned or hereafter acquired, of the character described in
the Granting Clauses of the Original Indenture, wherever located, including all
such property, rights, privileges and franchises acquired since the date of
execution of the Original Indenture, including, without limitation, all
property described on Exhibit A attached hereto, subject to all
exceptions, reservations and matters of the character referred to in the
Indenture, and does grant a security interest therein for the purposes
expressed herein and in the Original Indenture subject in all cases to Sections
5.2 and 11.2 B of the Original Indenture and to the rights of the Company under
the Original Indenture, including the rights set forth in Article V
thereof; but expressly excepting and excluding from the lien and operation of
the Indenture all properties of the character specifically excepted as “Excepted
Property” or “Excludable Property” in the Original Indenture to the extent
contemplated thereby.

 

PROVIDED, HOWEVER, that if, upon the
occurrence of an Event of Default, the Trustee, or any separate trustee or
co-trustee appointed under Section 9.14 of the Original Indenture or any
receiver appointed pursuant to statutory provision or order of court, shall
have entered into possession of all or substantially all of the Trust Estate,
all the Excepted Property described or referred to in Paragraphs A through H,
inclusive, of “Excepted Property” in the Original Indenture then owned or
thereafter acquired by the Company, shall immediately, and, in the case of any
Excepted Property described or referred to in Paragraphs I, J, L, N and P of “Excepted
Property” in the Original Indenture (excluding the property described in Section 2
of Exhibit B in the Original Indenture), upon demand of the Trustee or
such other trustee or receiver, become subject to the lien of the Indenture to
the extent permitted by law, and the Trustee or such other trustee or receiver
may, to the extent permitted by law, at the same time likewise take possession
thereof, and whenever all Events of Default shall have been cured and the
possession of all or substantially all of the Trust Estate shall have been
restored to the 

 

2

 

Company, such Excepted Property shall again be excepted and excluded
from the lien of the Indenture to the extent and otherwise as hereinabove set
forth and as set forth in the Indenture.

 

The
Company may, however, pursuant to the Granting Clause Third of the Original
Indenture, subject to the lien of the Indenture any Excepted Property or
Excludable Property, whereupon the same shall cease to be Excepted Property or
Excludable Property.

 

TO HAVE AND
TO HOLD all such property, rights, privileges and franchises hereby and
hereafter (by a Supplemental Indenture or otherwise) granted, bargained, sold,
alienated, remised, released, conveyed, assigned, transferred, mortgaged,
hypothecated, pledged, set over or confirmed as aforesaid, or intended, agreed
or covenanted so to be, together with all the tenements, hereditaments and
appurtenances thereto appertaining (said properties, rights, privileges and
franchises, including any cash and securities hereafter deposited or required
to be deposited with the Trustee (other than any such cash which is
specifically stated in the Indenture not to be deemed part of the Trust Estate)
being part of the Trust Estate), unto the Trustee, and its successors and
assigns in the trust herein created by the Indenture, forever.

 

SUBJECT,
HOWEVER, to (i) Permitted Exceptions and (ii) to the extent
permitted by Section 13.6 of the Original Indenture as to property hereafter
acquired (a) any duly recorded or perfected prior mortgage or other lien
that may exist thereon at the date of the acquisition thereof by the Company
and (b) purchase money mortgages, other purchase money liens, chattel
mortgages, conditional sales agreements or other title retention agreements
created by the Company at the time of acquisition thereof.

 

BUT IN
TRUST, NEVERTHELESS, with power of sale, for the equal and
proportionate benefit and security of the Holders from time to time of all the
Outstanding Secured Obligations without any priority of any such Obligation
over any other such Obligation and for the enforcement of the payment of such
Obligations in accordance with their terms.

 

UPON
CONDITION that, until the happening of an Event of  Default and subject to the provisions of Article V
of the Original Indenture, and not in limitation of the rights elsewhere
provided in the Original Indenture, including the rights set forth in Article V
of the Original Indenture, the Company shall be permitted to (i) possess
and use the Trust Estate, except cash, securities, Designated Qualifying
Securities and other personal property deposited, or required to be deposited,
with the Trustee, (ii) explore for, mine, extract, separate and dispose of
coal, ore, gas, oil and other minerals, and harvest standing timber, and (iii) receive
and use the rents, issues, profits, revenues and other income, products and
proceeds of the Trust Estate.

 

THE
INDENTURE, INCLUDING THIS FIFTIETH SUPPLEMENTAL INDENTURE, is intended to
operate and is to be construed as a deed passing title to the Trust Estate and
is made under the provisions of the laws of the State of Georgia relating to
deeds to secure debt, and not as a mortgage or deed of trust, and is given to
secure the Outstanding Secured Obligations. 
Should the indebtedness secured by the Indenture be paid according to
the tenor and effect thereof when the same shall become due and payable and
should the Company perform all covenants contained in the Indenture in a timely
manner, then the Indenture shall be canceled and surrendered.

 

3

 

AND IT IS HEREBY COVENANTED AND DECLARED that each Series 2009A
Line of Credit Note is to be authenticated and delivered and the Trust Estate
is to be held and applied by the Trustee, subject to the covenants, conditions
and trusts set forth herein and in the Indenture, and the Company does hereby
covenant and agree to and with the Trustee, for the equal and proportionate
benefit of all Holders of the Outstanding Secured Obligations, as follows:

 

ARTICLE I

 

THE SERIES 2009A LINE OF CREDIT NOTES AND

CERTAIN PROVISIONS RELATING THERETO

 

Section 1.1            Authorization
and Terms of the Series 2009A Line of Credit Notes.

 

There shall be created and
established one or more Additional Obligations, each in the form of a
promissory note to be known as and entitled a “Series 2009A Line of Credit
Note,” the form, terms and conditions of which shall be substantially as set
forth in or prescribed pursuant to this Section and Section 1.2
hereof.  The aggregate principal face
amount of the Series 2009A Line of Credit Notes is limited to
$150,000,000.  Each Series 2009A
Line of Credit Note, when duly executed and issued by the Company,
authenticated and delivered by the Trustee and received by the applicable
Lender, will be secured equally and proportionately under the Indenture with
all other Outstanding Secured Obligations.

 

Each Series 2009A Line
of Credit Note shall be dated the date of its authentication and shall be made
payable to a Lender.  Each Series 2009A
Line of Credit Note shall mature on November 30, 2012 or such later
maturity date as provided in the Credit Agreement.  Each loan under the Credit Agreement shall
bear interest as provided in the Credit Agreement, and interest shall be
calculated as specified in the Credit Agreement and shall be payable at the
times provided in the Credit Agreement. 
In the event any day on which any payment required to be made under the
Credit Agreement or under the Series 2009A Line of Credit Note is not a “Business
Day” (as defined in the Credit Agreement), then such payment shall be due and
payable on the next Business Day (subject to accrual of interest and fees for
the period of such extension).

 

All payments, including
prepayments, made on a Series 2009A Line of Credit Note shall be made as
provided in, and pursuant to the terms and conditions of, such Series 2009A
Line of Credit Note and the Credit Agreement (and shall not be governed by the
provisions of Section 1.14 or Article XIV of the Original Indenture),
and shall be made in lawful money of the of the United States of America which
will be immediately available on the date payment is due.

 

Section 1.2            Form of the Series 2009A
Line of Credit Notes.

 

Each
Series 2009A Line of Credit Note and the Trustee’s certificate of
authentication for each Series 2009A Line of Credit Note shall be
substantially in the form set forth in an Officers’ Certificate to be delivered
to the Trustee by the Company, which shall establish the terms and conditions
of such Series 2009A Line of Credit Note pursuant to Sections 2.1 and 3.3
of the 

 

4

 

Original Indenture, with such appropriate insertions, omissions,
substitutions and other variations as are required or permitted in the Original
Indenture.

 

ARTICLE II

 

MISCELLANEOUS

 

Section 2.1            Supplemental Indenture.

 

This Fiftieth Supplemental
Indenture is executed and shall be construed as an indenture supplemental to
the Original Indenture, and shall form a part thereof, and the Original
Indenture, as heretofore supplemented and as hereby supplemented and modified,
is hereby confirmed.  Except to the
extent inconsistent with the express terms hereof, all of the provisions,
terms, covenants and conditions of the Indenture shall be applicable to the Series 2009A
Line of Credit Notes to the same extent as if specifically set forth
herein.  All references herein to
Sections, definitions or other provisions of the Original Indenture shall be to
such Sections, definitions and other provisions as they may be amended or
modified from time to time pursuant to the Indenture.  All capitalized terms used in this Fiftieth
Supplemental Indenture shall have the same meanings assigned to them in the
Original Indenture, except in cases where the context clearly indicates
otherwise.

 

Section 2.2            Recitals.

 

All recitals in this
Fiftieth  Supplemental Indenture are made by the
Company only and not by the Trustee; and all of the provisions contained in the
Original Indenture, in respect of the rights, privileges, immunities, powers
and duties of the Trustee shall be applicable in respect hereof as fully and
with like effect as if set forth herein in full.

 

Section 2.3            Successors
and Assigns.

 

Whenever in this Fiftieth
Supplemental Indenture any of the parties hereto is named or referred to, this
shall, subject to the provisions of Articles IX and XI of the Original
Indenture, be deemed to include the successors and assigns of such party, and
all the covenants and agreements in this Fiftieth Supplemental Indenture
contained by or on behalf of the Company or by or on behalf of the Trustee
shall, subject as aforesaid, bind and inure to the respective benefits of the
respective successors and assigns of such parties, whether so expressed or not.

 

Section 2.4            No
Rights, Remedies, Etc.

 

Nothing in this Fiftieth
Supplemental Indenture, expressed or implied, is intended, or shall be
construed, to confer upon, or to give to, any person, firm or corporation,
other than the parties hereto and the Holders of the Outstanding Secured
Obligations, any right, remedy or claim under or by reason of this Fiftieth
Supplemental Indenture or any covenant, condition, stipulation, promise or
agreement hereof.

 

5

 

Section 2.5            Counterparts.

 

This Fiftieth Supplemental
Indenture may be executed in several counterparts, each of such counterparts
shall for all purposes be deemed to be an original, and all such counterparts,
or as many of them as the Company and the Trustee shall preserve undestroyed,
shall together constitute but one and the same instrument.

 

Section 2.6            Security
Agreement; Mailing Address.

 

To the extent permitted by applicable law, this Fiftieth
Supplemental Indenture shall be deemed to be a Security Agreement and Financing
Statement whereby the Company grants to the Trustee a security interest in all
of the Trust Estate that is personal property or fixtures under the Uniform
Commercial Code, as adopted or hereafter adopted in one or more of the states
in which any part of the properties of the Company are situated.

 

The mailing address of the Company, as debtor, is:

 

2100 East Exchange Place

Tucker, Georgia 30084-5336

 

and the mailing address of
the Trustee, as secured party, is:

 

U.S. Bank National Association

Attention:  Corporate Trust Services

1349 West Peachtree Street,
NW

Suite 1050, Two Midtown
Plaza

Atlanta, Georgia  30309

 

[Signatures on Next Page]

 

6

 

IN WITNESS
WHEREOF, the parties hereto have caused this Fiftieth Supplemental Indenture to be
duly executed under seal as of the day and year first written above.

 

	
  Company:

  	
  OGLETHORPE POWER CORPORATION  (AN ELECTRIC MEMBERSHIP CORPORATION), an
  electric membership corporation organized under the laws of the State of
  Georgia

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
  /s/ Elizabeth B. Higgins

  
	
   

  	
   

  	
  Elizabeth B. Higgins

  
	
   

  	
   

  	
  Executive Vice President and

  
	
   

  	
   

  	
  Chief Financial Officer

  
	
   

  	
   

  
	
   

  	
   

  
	
  Signed, sealed and delivered

  	
  Attest:

  	
  /s/ Patricia N. Nash

  
	
  by the Company in the presence of:

  	
   

  	
  Patricia N. Nash

  
	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  
	
  /s/ Thomas J. Brendiar

  	
   

  	
   

  	
  [CORPORATE SEAL]

  
	
  Witness

  	
   

  
	
   

  	
   

  
	
  /s/ Sharon H. Wright

  	
   

  	
   

  	
   

  
	
  Notary Public

  	
   

  
	
   

  	
   

  
	
  (Notarial Seal)

  	
   

  
	
   

  	
   

  
	
  My commission expires: 

  	
  October 14, 2011

  	
   

  	
   

  
									

 

[Signatures Continue on Next Page]

 

 

[Signatures Continued from Previous Page]

 

	
  Trustee:

  	
  U.S. BANK NATIONAL ASSOCIATION, a national
  banking association

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:
  

  	
   

  	
  /s/
  Jack Ellerin

  
	
  Signed
  and delivered

  	
   

  	
  Authorized
  Agent

  
	
  by
  the Trustee in the

  	
   

  
	
  Presence
  of:

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  /s/ Felicia Powell

  	
   

  	
   

  	
   

  
	
  Witness

  	
   

  	
   

  
	
   

  	
   

  
	
  /s/ Sonia S. Henry

  	
   

  	
   

  	
   

  
	
  Notary
  Public

  	
   

  	
   

  
	
   

  	
   

  
	
  (Notarial
  Seal)

  	
   

  
	
   

  	
   

  
	
  My
  commission expires:

  	
  July 21,
  2012

  	
   

  	
   

  
								

 

 

Exhibit A

 

All property of the Company in the Counties
in Appling, Burke, Carroll, DeKalb, Floyd, Hart,  Heard,
Monroe, Talbot, Toombs, Warren and Washington, State of Georgia.

 

A-1

 

Schedule 1

 

RECORDING INFORMATION

FOR

                          
COUNTY, GEORGIA

 

	
  DOCUMENT

  	
   

  	
  RECORDING

  INFORMATION

  	
   

  	
  DATE OF

  RECORDING

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Original
  Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  First
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Second
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Third
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Fourth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Fifth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Sixth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Seventh
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Eighth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Ninth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Tenth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Eleventh
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Twelfth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Thirteenth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Fourteenth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Fifteenth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Sixteenth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Seventeenth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Eighteenth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Nineteenth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Twentieth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Twenty-First
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Twenty-Second
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Twenty-Third
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Twenty-Fourth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Twenty-Fifth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  

 

 

	
  DOCUMENT

  	
   

  	
  RECORDING

  INFORMATION

  	
   

  	
  DATE OF

  RECORDING

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Twenty-Sixth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Twenty-Seventh
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Twenty-Eighth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Twenty-Ninth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Thirtieth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Thirty-First
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Thirty-Second
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Thirty-Third
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Thirty-Fourth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Thirty-Fifth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Thirty-Sixth
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  Forty-Ninth
  Supplemental IndentureEXHIBIT
4.7.1(zz)

 

Upon recording, return to:

Ms. Shawne M. Keenan

Sutherland Asbill & Brennan LLP

999 Peachtree Street, N.E.

Atlanta, Georgia 30309-3996

 

PURSUANT TO
§44-14-35.1 OF OFFICIAL CODE OF
GEORGIA ANNOTATED, THIS INSTRUMENT EMBRACES,

COVERS AND
CONVEYS SECURITY TITLE TO AFTER-ACQUIRED PROPERTY OF THE GRANTOR

 

	
   

  	
   

  	
   

  

 

OGLETHORPE POWER CORPORATION

(AN ELECTRIC MEMBERSHIP CORPORATION),

GRANTOR,

 

to

 

U.S. BANK NATIONAL ASSOCIATION,

TRUSTEE

 

FIFTY-FIRST
SUPPLEMENTAL

INDENTURE

 

Relating to the

 

Series 2009A (Heard)
Note

Series 2009A (Monroe)
Note

Series 2009B (Monroe)
Note

 

Dated as of December 1, 2009

 

FIRST MORTGAGE OBLIGATIONS

 

	
   

  	
   

  	
   

  

 

 

THIS FIFTY-FIRST
SUPPLEMENTAL INDENTURE, dated as of December 1, 2009, is
between OGLETHORPE POWER CORPORATION (AN
ELECTRIC MEMBERSHIP CORPORATION), formerly known as Oglethorpe Power
Corporation (An Electric Membership Generation & Transmission
Corporation), an electric membership corporation organized and existing under
the laws of the State of Georgia, as Grantor (the “Company”), and U.S. BANK NATIONAL ASSOCIATION, a national
banking association, as successor to SunTrust Bank, formerly known as SunTrust
Bank, Atlanta, as Trustee (in such capacity, the “Trustee”).

 

WHEREAS, the Company
has heretofore executed and delivered to the Trustee an Indenture, dated as of March 1,
1997 (the “Original Indenture”), for the purpose of securing its Existing
Obligations and providing for the authentication and delivery of Additional
Obligations by the Trustee from time to time under the Original Indenture
(capitalized terms used herein and not otherwise defined shall have the
meanings assigned to them in the Original Indenture);

 

WHEREAS, the Company
has heretofore executed and delivered to the Trustee fifty Supplemental
Indentures (the Original Indenture, as heretofore, hereby and hereafter
supplemented and modified, the “Indenture”), and the Original Indenture and the
fifty Supplemental Indentures have been recorded as set forth on Schedule 1;

 

Series 2009A
Heard Bonds

 

WHEREAS, the Development
Authority of Heard County (the “Heard Authority”) has agreed to issue
$7,485,000 in aggregate principal amount of Development Authority of Heard
County Pollution Control Revenue Bonds (Oglethorpe Power Corporation Wansley
Project), Series 2009A (the “Series 2009A Heard Bonds”), and to loan
the proceeds from the sale thereof to the Company pursuant to that certain Loan
Agreement, dated as of December 1, 2009, relating thereto (the “Series 2009A
Heard Loan Agreement”);

 

WHEREAS, the Company’s
obligation to repay the loan of the proceeds of the Series 2009A Heard
Bonds is evidenced by that certain Series 2009A (Heard) Note, dated the
date of its authentication (the “Series 2009A (Heard) Note”), from the
Company to U.S. Bank National Association, as trustee (in such capacity, the “Series 2009A
Heard Trustee”), as assignee and pledgee of the Heard Authority pursuant to the
Trust Indenture, dated as of December 1, 2009 (the “Series 2009A
Heard Indenture”), between the Heard Authority and the Series 2009A Heard
Trustee;

 

Series 2009A
Monroe Bonds

 

WHEREAS, the
Development Authority of Monroe County (the “Monroe Authority”) has agreed to
issue $10,940,000 in aggregate principal amount of Development Authority of
Monroe County Pollution Control Revenue Bonds (Oglethorpe Power Corporation
Scherer Project), Series 2009A (the “Series 2009A Monroe Bonds”), and
to loan the proceeds from the sale thereof to the Company pursuant to that
certain Loan Agreement, dated as of December 1, 2009, relating thereto
(the “Series 2009A Monroe Loan Agreement”);

 

WHEREAS, the Company’s
obligation to repay the loan of the proceeds of the Series 2009A Monroe
Bonds is evidenced by that certain Series 2009A (Monroe) Note, dated the
date 

 

1

 

of its authentication (the “Series 2009A (Monroe) Note”), from the
Company to U.S. Bank National Association, as trustee (in such capacity, the “Series 2009A
Monroe Trustee”), as assignee and pledgee of the Monroe Authority pursuant to
the Trust Indenture, dated as of December 1, 2009 (the “Series 2009A
Monroe Indenture”), between the Monroe Authority and the Series 2009A
Monroe Trustee;

 

Series 2009B
Monroe Bonds

 

WHEREAS, the Monroe
Authority has agreed to issue $93,630,000 in aggregate principal amount of
Development Authority of Monroe County Pollution Control Revenue Bonds
(Oglethorpe Power Corporation Scherer Project), Series 2009B (the “Series 2009B
Monroe Bonds”), and to loan the proceeds from the sale thereof to the Company
pursuant to that certain Loan Agreement, dated as of December 1, 2009,
relating thereto (the “Series 2009B Monroe Loan Agreement”);

 

WHEREAS, the Company’s
obligation to repay the loan of the proceeds of the Series 2009B Monroe
Bonds is evidenced by that certain Series 2009B (Monroe) Note, dated the
date of its authentication (the “Series 2009B (Monroe) Note”), from the
Company to U.S. Bank National Association, as trustee (in such capacity, the “Series 2009B
Monroe Trustee”), as assignee and pledgee of the Monroe Authority pursuant to
the Trust Indenture, dated as of December 1, 2009  (the
“Series 2009B Monroe Indenture”), between the Monroe Authority and the Series 2009B
Monroe Trustee;

 

WHEREAS, the Company
will use the proceeds from the sale of the Series 2009A Heard Bonds to
finance or refinance certain of the costs of the Company’s undivided interests
in certain sewage or solid waste disposal facilities at Plant Wansley;

 

WHEREAS, the Company
will use the proceeds from the sale of the Series 2009A Monroe Bonds and
the Series 2009B Monroe Bonds (i) to refinance the portion of the
Monroe Authority’s Pollution Control Revenue Bonds (Oglethorpe Power
Corporation Scherer Project), Series 1992A, maturing on January 1,
2010 and (ii) to finance or refinance certain of the costs of the Company’s
undivided interests in certain sewage or solid waste disposal facilities at
Plant Scherer;

 

WHEREAS, the Company
desires to execute and deliver this Fifty-First Supplemental Indenture, in
accordance with the provisions of the Original Indenture, for the purpose of
providing for the creation and designation of the Series 2009A (Heard)
Note, the Series 2009A (Monroe) Note and the Series 2009B (Monroe)
Note (collectively, the “Notes”) as Additional Obligations and specifying the
form and provisions thereof;

 

WHEREAS, Section 12.1
of the Original Indenture provides that, without the consent of the Holders of
any of the Obligations, the Company, when authorized by a Board Resolution, and
the Trustee may enter into Supplemental Indentures for the purposes and subject
to the conditions set forth in said Section 12.1, including to create
additional series of Obligations under the Indenture and to make provisions for
such additional series of Obligations; and

 

WHEREAS, all acts and
proceedings required by law and by the Articles of Incorporation and Bylaws of
the Company necessary to secure under the Indenture the payment 

 

2

 

of the principal of, interest, and premium, if any, on the Notes, to
make the Notes to be issued hereunder, when executed by the Company,
authenticated and delivered by the Trustee and duly issued, the valid, binding
and legal obligation of the Company, and to constitute the Indenture a valid
and binding lien for the security of the Notes, in accordance with its terms,
have been done and taken; and the execution and delivery of this Fifty-First
Supplemental Indenture has been in all respects duly authorized by the Company.

 

NOW,
THEREFORE, THIS FIFTY-FIRST SUPPLEMENTAL INDENTURE WITNESSES, that, to
secure the payment of the principal of and interest and premium, if any, on the
Outstanding Secured Obligations, including, when authenticated and delivered,
the Notes, to confirm the lien of the Indenture upon the Trust Estate,
including property purchased, constructed or otherwise acquired by the Company
since the date of execution of the Original Indenture, to secure performance of
the covenants therein and herein contained, to declare the terms and conditions
on which the Notes are secured, and in consideration of the premises thereof
and hereof, the Company by these presents does grant, bargain, sell, alienate,
remise, release, convey, assign, transfer, mortgage, hypothecate, pledge, set
over and confirm to the Trustee, and its successors and assigns in the trust
created thereby and hereby, in trust, all property, rights, privileges and
franchises (other than Excepted Property or Excludable Property) of the
Company, whether now owned or hereafter acquired, of the character described in
the Granting Clauses of the Original Indenture, wherever located, including all
such property, rights, privileges and franchises acquired since the date of
execution of the Original Indenture, including, without limitation, all
property described on Exhibit A attached hereto, subject to all
exceptions, reservations and matters of the character referred to in the
Indenture, and does grant a security interest therein for the purposes
expressed herein and in the Original Indenture subject in all cases to Sections
5.2 and 11.2 B of the Original Indenture and to the rights of the Company under
the Original Indenture, including the rights set forth in Article V
thereof; but expressly excepting and excluding from the lien and operation of
the Indenture all properties of the character specifically excepted as “Excepted
Property” or “Excludable Property” in the Original Indenture to the extent
contemplated thereby.

 

PROVIDED,
HOWEVER, that if, upon the occurrence of an Event of Default, the Trustee, or
any separate trustee or co-trustee appointed under Section 9.14 of the
Original Indenture or any receiver appointed pursuant to statutory provision or
order of court, shall have entered into possession of all or substantially all
of the Trust Estate, all the Excepted Property described or referred to in
Paragraphs A through H, inclusive, of “Excepted Property” in the Original
Indenture then owned or thereafter acquired by the Company, shall immediately,
and, in the case of any Excepted Property described or referred to in Paragraphs
I, J, L, N and P of “Excepted Property” in the Original Indenture (excluding
the property described in Section 2 of Exhibit B in the
Original Indenture), upon demand of the Trustee or such other trustee or
receiver, become subject to the lien of the Indenture to the extent permitted
by law, and the Trustee or such other trustee or receiver may, to the extent
permitted by law, at the same time likewise take possession thereof, and
whenever all Events of Default shall have been cured and the possession of all
or substantially all of the Trust Estate shall have been restored to the
Company, such Excepted Property shall again be excepted and excluded from the
lien of the Indenture to the extent and otherwise as hereinabove set forth and
as set forth in the Indenture.

 

3

 

The Company may, however, pursuant to the
Granting Clause Third of the Original Indenture, subject to the lien of the
Indenture any Excepted Property or Excludable Property, whereupon the same
shall cease to be Excepted Property or Excludable Property.

 

TO HAVE AND
TO HOLD all such property, rights, privileges and franchises hereby and
hereafter (by a Supplemental Indenture or otherwise) granted, bargained, sold,
alienated, remised, released, conveyed, assigned, transferred, mortgaged,
hypothecated, pledged, set over or confirmed as aforesaid, or intended, agreed
or covenanted so to be, together with all the tenements, hereditaments and
appurtenances thereto appertaining (said properties, rights, privileges and
franchises, including any cash and securities hereafter deposited or required
to be deposited with the Trustee (other than any such cash which is
specifically stated in the Indenture not to be deemed part of the Trust Estate)
being part of the Trust Estate), unto the Trustee, and its successors and
assigns in the trust herein created by the Indenture, forever.

 

SUBJECT,
HOWEVER, to (i) Permitted Exceptions and (ii) to the extent
permitted by Section 13.6 of the Original Indenture as to property
hereafter acquired (a) any duly recorded or perfected prior mortgage or
other lien that may exist thereon at the date of the acquisition thereof by the
Company and (b) purchase money mortgages, other purchase money liens,
chattel mortgages, conditional sales agreements or other title retention
agreements created by the Company at the time of acquisition thereof.

 

BUT IN
TRUST, NEVERTHELESS, with power of sale, for the equal and
proportionate benefit and security of the Holders from time to time of all the
Outstanding Secured Obligations without any priority of any such Obligation
over any other such Obligation and for the enforcement of the payment of such
Obligations in accordance with their terms.

 

UPON
CONDITION that, until the happening of an Event of  Default and subject to the provisions of Article V
of the Original Indenture, and not in limitation of the rights elsewhere
provided in the Original Indenture, including the rights set forth in Article V
of the Original Indenture, the Company shall be permitted to (i) possess
and use the Trust Estate, except cash, securities, Designated Qualifying
Securities and other personal property deposited, or required to be deposited,
with the Trustee, (ii) explore for, mine, extract, separate and dispose of
coal, ore, gas, oil and other minerals, and harvest standing timber, and (iii) receive
and use the rents, issues, profits, revenues and other income, products and
proceeds of the Trust Estate.

 

THE
INDENTURE, INCLUDING THIS FIFTY-FIRST SUPPLEMENTAL INDENTURE, is intended to
operate and is to be construed as a deed passing title to the Trust Estate and
is made under the provisions of the laws of the State of Georgia relating to
deeds to secure debt, and not as a mortgage or deed of trust, and is given to
secure the Outstanding Secured Obligations. 
Should the indebtedness secured by the Indenture be paid according to
the tenor and effect thereof when the same shall become due and payable and
should the Company perform all covenants contained in the Indenture in a timely
manner, then the Indenture shall be canceled and surrendered.

 

AND IT IS
HEREBY COVENANTED AND DECLARED that the Notes are to be
authenticated and delivered and the Trust Estate is to be held and applied by
the Trustee, subject to the covenants, conditions and trusts set forth herein
and in the Indenture, and the Company 

 

4

 

does hereby covenant and agree to and with the Trustee, for the equal
and proportionate benefit of all Holders of the Outstanding Secured
Obligations, as follows:

 

ARTICLE I

 

THE NOTES AND CERTAIN PROVISIONS RELATING THERETO

 

Section 1.1            Authorization and Terms of the
Notes.

 

A.            The Series 2009A (Heard)
Note

 

There shall be created and established an
Additional Obligation in the form of a promissory note known as and entitled
the “Series 2009A (Heard) Note” (the “Series 2009A (Heard) Note”),
the form, terms and conditions of which shall be substantially as set forth in
or prescribed pursuant to this Section and Section 1.2 A hereof.  The aggregate principal amount of the Series 2009A
(Heard) Note which shall be authenticated and delivered and Outstanding at any
one time is limited to $7,485,000.

 

The Series 2009A (Heard) Note shall be
dated the date of its authentication. 
The Series 2009A (Heard) Note shall mature on January 1, 2038
and shall bear interest from the date of its authentication to the date of its
maturity at rates calculated as provided for in the form of note prescribed
pursuant to Section 1.2 A hereof. 
The Series 2009A (Heard) Note shall be authenticated and delivered
to, and made payable to, U.S. Bank National Association, as the Series 2009A
Heard Trustee.

 

All payments made on the Series 2009A
(Heard) Note shall be made to the Series 2009A Heard Trustee at its corporate
office in Atlanta, Georgia, in lawful money of the United States of America
which will be immediately available on the date payment is due.

 

B.            The Series 2009A (Monroe)
Note

 

There shall be created and established an
Additional Obligation in the form of a promissory note known as and entitled
the “Series 2009A (Monroe) Note” (the “Series 2009A (Monroe) Note”),
the form, terms and conditions of which shall be substantially as set forth in
or prescribed pursuant to this Section and Section 1.2 B hereof.  The aggregate principal amount of the Series 2009A
(Monroe) Note which shall be authenticated and delivered and Outstanding at any
one time is limited to $10,940,000.

 

The Series 2009A (Monroe) Note shall be
dated the date of its authentication. 
The Series 2009A (Monroe) Note shall mature on January 1, 2030
and shall bear interest from the date of its authentication to the date of its
maturity at rates calculated as provided for in the form of note prescribed
pursuant to Section 1.2 B hereof. 
The Series 2009A (Monroe) Note shall be authenticated and delivered
to, and made payable to, U.S. Bank National Association, as the Series 2009A
Monroe Trustee.

 

5

 

All payments made on the Series 2009A
(Monroe) Note shall be made to the Series 2009A Monroe Trustee at its
corporate office in Atlanta, Georgia, in lawful money of the United States of
America which will be immediately available on the date payment is due.

 

C.            The Series 2009B (Monroe)
Note

 

There shall be created and established an
Additional Obligation in the form of a promissory note known as and entitled
the “Series 2009B (Monroe) Note” (the “Series 2009B (Monroe) Note”),
the form, terms and conditions of which shall be substantially as set forth in
or prescribed pursuant to this Section and Section 1.2 C hereof.  The aggregate principal amount of the Series 2009B
(Monroe) Note which shall be authenticated and delivered and Outstanding at any
one time is limited to $93,630,000.

 

The Series 2009B (Monroe) Note shall be
dated the date of its authentication. 
The Series 2009B (Monroe) Note shall mature on January 1, 2036
and shall bear interest from the date of its authentication to the date of its
maturity at rates calculated as provided for in the form of note prescribed
pursuant to Section 1.2 C hereof. 
The Series 2009B (Monroe) Note shall be authenticated and delivered
to, and made payable to, U.S. Bank National Association, as the Series 2009B
Monroe Trustee.

 

All payments made on the Series 2009B
(Monroe) Note shall be made to the Series 2009B Monroe Trustee at its
corporate office in Atlanta, Georgia, in lawful money of the United States of
America which will be immediately available on the date payment is due.

 

Section 1.2            Form of the Notes.

 

A.            The Series 2009A (Heard)
Note

 

The Series 2009A (Heard) Note and the
Trustee’s certificate of authentication for the Series 2009A (Heard) Note
shall be substantially in the form of Exhibit B attached hereto,
with such appropriate insertions, omissions, substitutions and other variations
as are required or permitted in the Original Indenture.

 

B.            The Series 2009A (Monroe)
Note

 

The Series 2009A (Monroe) Note and the
Trustee’s certificate of authentication for the Series 2009A (Monroe) Note
shall be substantially in the form of Exhibit C attached hereto,
with such appropriate insertions, omissions, substitutions and other variations
as are required or permitted in the Original Indenture.

 

C.            The Series 2009B (Monroe)
Note

 

The Series 2009B (Monroe) Note and the
Trustee’s certificate of authentication for the Series 2009B (Monroe) Note
shall be substantially in the form of Exhibit D attached hereto,
with such appropriate insertions, omissions, substitutions and other variations
as are required or permitted in the Original Indenture.

 

6

 

ARTICLE II

 

MISCELLANEOUS

 

Section 2.1            This Fifty-First
Supplemental Indenture is executed and shall be construed as an indenture
supplemental to the Original Indenture, and shall form a part thereof, and the
Original Indenture, as heretofore supplemented and as hereby supplemented and
modified, is hereby confirmed.  Except to
the extent inconsistent with the express terms hereof, all of the provisions,
terms, covenants and conditions of the Indenture shall be applicable to the
Notes to the same extent as if specifically set forth herein.  All references herein to Sections,
definitions or other provisions of the Original Indenture shall be to such Sections,
definitions and other provisions as they may be amended or modified from time
to time pursuant to the Indenture.  All
capitalized terms used in this Fifty-First Supplemental Indenture shall have
the same meanings assigned to them in the Original Indenture, except in cases
where the context clearly indicates otherwise.

 

Section 2.2            All recitals in this
Fifty-First Supplemental Indenture are made by the Company only and not by the
Trustee; and all of the provisions contained in the Original Indenture, in
respect of the rights, privileges, immunities, powers and duties of the Trustee
shall be applicable in respect hereof as fully and with like effect as if set
forth herein in full.

 

Section 2.3            Whenever in this Fifty-First
Supplemental Indenture any of the parties hereto is named or referred to, this
shall, subject to the provisions of Articles IX and XI of the Original
Indenture, be deemed to include the successors and assigns of such party, and
all the covenants and agreements in this Fifty-First Supplemental Indenture
contained by or on behalf of the Company, or by or on behalf of the Trustee
shall, subject as aforesaid, bind and inure to the respective benefits of the
respective successors and assigns of such parties, whether so expressed or not.

 

Section 2.4            Nothing in this Fifty-First
Supplemental Indenture, expressed or implied, is intended, or shall be
construed, to confer upon, or to give to, any person, firm or corporation,
other than the parties hereto and the Holders of the Outstanding Secured
Obligations, any right, remedy or claim under or by reason of this Fifty-First
Supplemental Indenture or any covenant, condition, stipulation, promise or
agreement hereof, and all the covenants, conditions, stipulations, promises and
agreements in this Fifty-First Supplemental Indenture contained by or on behalf
of the Company shall be for the sole and exclusive benefit of the parties
hereto, and of the Holders of Outstanding Secured Obligations.

 

Section 2.5            This Fifty-First
Supplemental Indenture may be executed in several counterparts, each of such
counterparts shall for all purposes be deemed to be an original, and all such
counterparts, or as many of them as the Company and the Trustee shall preserve
undestroyed, shall together constitute but one and the same instrument.

 

Section 2.6            To the extent permitted by
applicable law, this Fifty-First Supplemental Indenture shall be deemed to be a
Security Agreement and Financing Statement whereby the Company grants to the
Trustee a security interest in all of the Trust Estate that is personal property
or fixtures under the Uniform Commercial Code, as adopted or hereafter adopted
in one or more of 

 

7

 

the states in which any part
of the properties of the Company are situated. 
The mailing address of the Company, as debtor is:

 

2100 East Exchange Place

Tucker, Georgia 30084-5336,

 

and the mailing address of
the Trustee, as secured party, is:

 

U.S. Bank National
Association

Attention: Corporate Trust
Services

1349 West Peachtree Street,
NW

Suite 1050, Two Midtown
Plaza

Atlanta, Georgia 30309

 

[Signatures on Next Page]

 

8

 

IN WITNESS WHEREOF, the parties hereto have
caused this Fifty-First Supplemental Indenture to be duly executed under seal
as of the day and year first written above.

 

	
  Company:

  	
  OGLETHORPE POWER CORPORATION  (AN ELECTRIC MEMBERSHIP CORPORATION), an
  electric membership corporation organized under the laws of the State of
  Georgia

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
  /s/ Elizabeth B. Higgins

  
	
   

  	
   

  	
  Elizabeth B. Higgins

  
	
   

  	
   

  	
  Executive Vice President and

  
	
   

  	
   

  	
  Chief Financial Officer

  
	
   

  	
   

  
	
   

  	
   

  
	
  Signed, sealed and delivered

  	
  Attest:

  	
  /s/ Patricia N. Nash

  
	
  by the Company in the presence of:

  	
   

  	
  Patricia N. Nash

  
	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  
	
  /s/ Thomas J. Brendiar

  	
   

  	
   

  	
   

  	
  [CORPORATE SEAL]

  
	
  Witness

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  /s/ Sharon H. Wright

  	
   

  	
   

  	
   

  
	
  Notary Public

  	
   

  
	
   

  	
   

  
	
  (Notarial Seal)

  	
   

  
	
   

  	
   

  
	
  My commission expires:

  	
  October 14, 2011

  	
   

  	
   

  
							

 

[Signatures Continued on Next Page]

 

 

[Signatures Continued from Previous Page]

 

	
  Trustee:

  	
  U.S. BANK NATIONAL ASSOCIATION,

  a
  national banking association

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
  /s/
  Jack Ellerin

  
	
  Signed
  and delivered

  	
   

  	
  Authorized
  Agent

  
	
  by
  the Trustee in the

  	
   

  
	
  Presence
  of:

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  /s/ Muriel Shaw

  	
   

  	
   

  	
   

  
	
  Witness

  	
   

  
	
   

  	
   

  
	
  /s/ Marcia Williams

  	
   

  	
   

  	
   

  
	
  Notary
  Public

  	
   

  
	
   

  	
   

  
	
  (Notarial
  Seal)

  	
   

  
	
   

  	
   

  
	
  My
  commission expires:

  	
  May 7,
  2012

  	
   

  	
   

  
									

 

 

Exhibit A

 

All property of the Company in the Counties
in Appling, Burke, Carroll, DeKalb, Floyd, Hart,  Heard,
Monroe, Talbot, Toombs, Warren and Washington, State of Georgia.

 

A-1

 

Exhibit B

 

Form of
Series 2009A (Heard) Note

 

THIS
NOTE IS NON-TRANSFERABLE EXCEPT AS MAY BE REQUIRED TO EFFECT ANY TRANSFER
TO ANY SUCCESSOR TRUSTEE UNDER THE TRUST INDENTURE, DATED AS OF DECEMBER 1,
2009, BETWEEN THE DEVELOPMENT AUTHORITY OF HEARD COUNTY AND U.S. BANK NATIONAL
ASSOCIATION, AS TRUSTEE.

 

OGLETHORPE POWER CORPORATION

(AN ELECTRIC MEMBERSHIP CORPORATION)

 

SERIES 2009A (HEARD) NOTE DATE: DECEMBER 10, 2009

 

(WANSLEY PROJECT)

 

OGLETHORPE
POWER CORPORATION (AN ELECTRIC MEMBERSHIP CORPORATION) (“Oglethorpe”), an
electric membership corporation organized and existing under the laws of the
State of Georgia, for value received and in consideration of the agreement of
the Development Authority of Heard County (the “Heard Authority”) to issue
$7,485,000 in aggregate principal amount of Development Authority of Heard
County Pollution Control Revenue Bonds (Oglethorpe Power Corporation Wansley
Project), Series 2009A (the “Series 2009A Bonds”) and to loan the
proceeds thereof to Oglethorpe, hereby promises to pay to U.S. Bank National
Association (the “Series 2009A Trustee”), as assignee and pledgee of the
Heard Authority, acting pursuant to the Trust Indenture, dated as of December 1,
2009, from the Heard Authority to the Series 2009A Trustee (the “Series 2009A
Indenture”), or its successor in trust, the principal sum of $7,485,000,
together with interest and prepayment premium (if any) thereon as follows:

 

(a)           on or before each Interest Payment
Date (as defined in the Series 2009A 
Indenture), a sum which will equal the interest on the Series 2009A
Bonds which will become due on such Interest Payment Date on the Series 2009A
Bonds;

 

(b)           on or before January 1, 2038 a
sum which will equal the principal amount of the Series 2009A  Bonds which will become due on  such January 1 by maturity as provided
in the Series 2009A Indenture; and

 

(c)           on or before any redemption date or
date of acceleration of the Series 2009A Bonds, a sum equal to the
principal of and interest on the Series 2009A Bonds which are to be
redeemed on such date or which become due by reason of acceleration under the Series 2009A
Indenture.

 

This
Series 2009A (Heard) Note evidences the Loan (as defined in the Series 2009A
Loan Agreement hereinafter referred to) by the Heard Authority to Oglethorpe
and the obligation 

 

B-1

 

of
Oglethorpe to repay the same and shall be governed by and shall be payable in
accordance with the terms, conditions and provisions of the Loan Agreement,
dated as of December 1, 2009 (the “Series 2009A Loan Agreement”),
between the Heard Authority and Oglethorpe, pursuant to which the Heard
Authority has agreed to loan to Oglethorpe the proceeds from the sale of the Series 2009A
Bonds.

 

This
Series 2009A (Heard) Note is a duly authorized obligation of Oglethorpe
issued under and equally and ratably secured by the Indenture, dated as of March 1,
1997 (the “Original Indenture”), as heretofore supplemented and as supplemented
by the Fifty-First Supplemental Indenture, dated as of December 1, 2009
(the “Fifty-First Supplemental Indenture”), between Oglethorpe, as grantor, and
U.S. Bank National Association, successor to SunTrust Bank, Atlanta, as trustee
(in such capacity, the “Indenture Trustee”) (the Original Indenture, as
supplemented, the “Indenture”). 
Reference is hereby made to the Indenture for a statement of the
description of the properties thereby mortgaged, pledged and assigned, the
nature and extent of the security and the respective rights, limitations of
rights, duties and immunities thereunder of Oglethorpe, the Indenture Trustee
and the holder of this Series 2009A (Heard) Note and of the terms upon
which this Series 2009A (Heard) Note is authenticated and delivered.  This Series 2009A (Heard) Note is
created by the Fifty-First Supplemental Indenture and designated as the “Series 2009A
(Heard) Note.”

 

All
payments hereon are to be made to the Series 2009A Trustee at its office
in Atlanta, Georgia, in lawful money of the United States of America which will
be immediately available on the day payment is due.  As set forth in Section 4.6 of the Series 2009A
Loan Agreement, the obligation of Oglethorpe to make the payments required
hereunder shall be absolute and unconditional.

 

Oglethorpe
shall be entitled to certain credits against payments required to be made
hereunder as provided in Section 4.3 of the Series 2009A Loan
Agreement.

 

This
Series 2009A (Heard) Note may be prepaid upon the terms and conditions set
forth in Article 8 of the Series 2009A Loan Agreement.

 

If
the Series 2009A Trustee shall accelerate payment of the Series 2009A
Bonds, all payments on this Series 2009A (Heard) Note shall be declared
due and payable in the manner and with the effect provided in the Series 2009A
Loan Agreement.  The Series 2009A
Loan Agreement provides that, under certain conditions, such declaration shall
be rescinded by the Series 2009A Trustee.

 

No
recourse shall be had for the payments required hereby or for any claim based
herein or in the Series 2009A Loan Agreement or in the Indenture against
any officer, director or member, past, present or future, of Oglethorpe as
such, either directly or through Oglethorpe, or under any constitutional
provision, statute or rule of law or by the enforcement of any assessment
or by any legal or equitable proceedings or otherwise.

 

This
Series 2009A (Heard) Note shall not be entitled to any benefit under the
Indenture and shall not become valid or obligatory for any purposes until the
Indenture Trustee shall have 

 

B-2

 

signed
the form of authentication certificate endorsed hereon.

 

This
Series 2009A (Heard) Note shall be governed by and construed in accordance
with the laws of the State of Georgia.

 

IN
WITNESS WHEREOF, Oglethorpe has caused this Series 2009A (Heard) Note to
be executed in its corporate name by its Chief Financial Officer and attested
by its Secretary and its corporate seal to be hereunto affixed.

 

 

	
   

  	
  OGLETHORPE
  POWER CORPORATION (AN ELECTRIC MEMBERSHIP CORPORATION)

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Elizabeth
  B. Higgins

  
	
   

  	
   

  	
  Executive
  Vice President and Chief 

  
	
   

  	
   

  	
  Financial
  Officer

  
	
  (SEAL)

  	
   

  
	
   

  	
   

  
	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  
	
  Patricia
  N. Nash

  Secretary

  	
   

  
				

 

B-3

 

TRUSTEE’S CERTIFICATE OF AUTHENTICATION

 

This
is one of the Obligations of the series designated therein referred to in the
within mentioned Indenture.

 

 

	
   

  	
  U.S.
  BANK NATIONAL ASSOCIATION,

  as
  Trustee

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Authorized
  Signature

  

 

B-4

 

Exhibit C

 

Form of
Series 2009A (Monroe) Note

 

THIS
NOTE IS NON-TRANSFERABLE EXCEPT AS MAY BE REQUIRED TO EFFECT ANY TRANSFER
TO ANY SUCCESSOR TRUSTEE UNDER THE TRUST INDENTURE, DATED AS OF DECEMBER 1,
2009, BETWEEN THE DEVELOPMENT AUTHORITY OF MONROE COUNTY AND U.S. BANK NATIONAL
ASSOCIATION, AS TRUSTEE.

 

OGLETHORPE POWER CORPORATION

(AN ELECTRIC MEMBERSHIP CORPORATION)

 

SERIES 2009A (MONROE) NOTE DATE: DECEMBER 10, 2009

 

(SCHERER PROJECT)

 

OGLETHORPE
POWER CORPORATION (AN ELECTRIC MEMBERSHIP CORPORATION) (“Oglethorpe”), an
electric membership corporation organized and existing under the laws of the
State of Georgia, for value received and in consideration of the agreement of
the Development Authority of Monroe County (the “Monroe Authority”) to issue
$10,940,000 in aggregate principal amount of Development Authority of Monroe
County Pollution Control Revenue Bonds (Oglethorpe Power Corporation Scherer
Project), Series 2009A (the “Series 2009A Bonds”) and to loan the
proceeds thereof to Oglethorpe, hereby promises to pay to U.S. Bank National
Association (the “Series 2009A Trustee”), as assignee and pledgee of the
Monroe Authority, acting pursuant to the Trust Indenture, dated as of December 1,
2009, from the Monroe Authority to the Series 2009A Trustee (the “Series 2009A
Indenture”), or its successor in trust, the principal sum of $10,940,000,
together with interest and prepayment premium (if any) thereon as follows:

 

(a)           on or before each Interest Payment
Date (as defined in the Series 2009A 
Indenture), a sum which will equal the interest on the Series 2009A
Bonds which will become due on such Interest Payment Date on the Series 2009A
Bonds;

 

(b)           on or before January 1, 2030, a
sum which will equal the principal amount of the Series 2009A  Bonds which will become due on such January 1
by maturity as provided in the Series 2009A Indenture; and

 

(c)           on or before any redemption date or
date of acceleration of the Series 2009A Bonds, a sum equal to the
principal of and interest on the Series 2009A Bonds which are to be
redeemed on such date or which become due by reason of acceleration under the Series 2009A
Indenture.

 

This
Series 2009A (Monroe) Note evidences the Loan (as defined in the Series 2009A
Loan Agreement hereinafter referred to) by the Monroe Authority to Oglethorpe
and the 

 

C-1

 

obligation
of Oglethorpe to repay the same and shall be governed by and shall be payable
in accordance with the terms, conditions and provisions of the Loan Agreement,
dated as of December 1, 2009 (the “Series 2009A Loan Agreement”),
between the Monroe Authority and Oglethorpe, pursuant to which the Monroe
Authority has agreed to loan to Oglethorpe the proceeds from the sale of the Series 2009A
Bonds.

 

This
Series 2009A (Monroe) Note is a duly authorized obligation of Oglethorpe
issued under and equally and ratably secured by the Indenture, dated as of March 1,
1997 (the “Original Indenture”), as heretofore supplemented and as supplemented
by the Fifty-First Supplemental Indenture, dated as of December 1, 2009
(the “Fifty-First Supplemental Indenture”), between Oglethorpe, as grantor, and
U.S. Bank National Association, successor to SunTrust Bank, Atlanta, as trustee
(in such capacity, the “Indenture Trustee”) (the Original Indenture, as
supplemented, the “Indenture”). 
Reference is hereby made to the Indenture for a statement of the
description of the properties thereby mortgaged, pledged and assigned, the
nature and extent of the security and the respective rights, limitations of
rights, duties and immunities thereunder of Oglethorpe, the Indenture Trustee
and the holder of this Series 2009A (Monroe) Note and of the terms upon
which this Series 2009A (Monroe) Note is authenticated and delivered.  This Series 2009A (Monroe) Note is
created by the Fifty-First Supplemental Indenture and designated as the “Series 2009A
(Monroe) Note.”

 

All
payments hereon are to be made to the Series 2009A Trustee at its office
in Atlanta, Georgia, in lawful money of the United States of America which will
be immediately available on the day payment is due.  As set forth in Section 4.6 of the Series 2009A
Loan Agreement, the obligation of Oglethorpe to make the payments required
hereunder shall be absolute and unconditional.

 

Oglethorpe
shall be entitled to certain credits against payments required to be made
hereunder as provided in Section 4.3 of the Series 2009A Loan
Agreement.

 

This
Series 2009A (Monroe) Note may be prepaid upon the terms and conditions
set forth in Article 8 of the Series 2009A Loan Agreement.

 

If
the Series 2009A Trustee shall accelerate payment of the Series 2009A
Bonds, all payments on this Series 2009A (Monroe) Note shall be declared
due and payable in the manner and with the effect provided in the Series 2009A
Loan Agreement.  The Series 2009A
Loan Agreement provides that, under certain conditions, such declaration shall
be rescinded by the Series 2009A Trustee.

 

No
recourse shall be had for the payments required hereby or for any claim based
herein or in the Series 2009A Loan Agreement or in the Indenture against
any officer, director or member, past, present or future, of Oglethorpe as
such, either directly or through Oglethorpe, or under any constitutional
provision, statute or rule of law or by the enforcement of any assessment
or by any legal or equitable proceedings or otherwise.

 

This
Series 2009A (Monroe) Note shall not be entitled to any benefit under the
Indenture and shall not become valid or obligatory for any purposes until the
Indenture Trustee shall have 

 

C-2

 

signed
the form of authentication certificate endorsed hereon.

 

This
Series 2009A (Monroe) Note shall be governed by and construed in
accordance with the laws of the State of Georgia.

 

IN
WITNESS WHEREOF, Oglethorpe has caused this Series 2009A (Monroe) Note to
be executed in its corporate name by its Chief Financial Officer and attested
by its Secretary and its corporate seal to be hereunto affixed.

 

 

	
   

  	
  OGLETHORPE
  POWER CORPORATION (AN ELECTRIC MEMBERSHIP CORPORATION)

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:
  

  	
   

  
	
   

  	
   

  	
  Elizabeth
  B. Higgins

  
	
   

  	
   

  	
  Executive
  Vice President and Chief 

  
	
   

  	
   

  	
  Financial
  Officer

  
	
  (SEAL)

  	
   

  
	
   

  	
   

  
	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  
	
  Patricia
  N. Nash

  Secretary

  	
   

  
				

 

C-3

 

TRUSTEE’S CERTIFICATE OF AUTHENTICATION

 

This
is one of the Obligations of the series designated therein referred to in the
within mentioned Indenture.

 

	
   

  	
  U.S.
  BANK NATIONAL ASSOCIATION,

  as
  Trustee

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Authorized
  Signature

  

 

C-4

 

Exhibit D

 

Form of
Series 2009B (Monroe) Note

 

THIS
NOTE IS NON-TRANSFERABLE EXCEPT AS MAY BE REQUIRED TO EFFECT ANY TRANSFER
TO ANY SUCCESSOR TRUSTEE UNDER THE TRUST INDENTURE, DATED AS OF DECEMBER 1,
2009, BETWEEN THE DEVELOPMENT AUTHORITY OF MONROE COUNTY AND U.S. BANK NATIONAL
ASSOCIATION, AS TRUSTEE.

 

OGLETHORPE POWER CORPORATION

(AN ELECTRIC MEMBERSHIP CORPORATION)

 

SERIES 2009B (MONROE) NOTE DATE: DECEMBER 10, 2009

 

(SCHERER PROJECT)

 

OGLETHORPE
POWER CORPORATION (AN ELECTRIC MEMBERSHIP CORPORATION) (“Oglethorpe”), an
electric membership corporation organized and existing under the laws of the
State of Georgia, for value received and in consideration of the agreement of
the Development Authority of Monroe County (the “Monroe Authority”) to issue
$93,630,000 in aggregate principal amount of Development Authority of Monroe
County Pollution Control Revenue Bonds (Oglethorpe Power Corporation Scherer
Project), Series 2009B (the “Series 2009B Bonds”) and to loan the
proceeds thereof to Oglethorpe, hereby promises to pay to U.S. Bank National
Association (the “Series 2009B Trustee”), as assignee and pledgee of the
Monroe Authority, acting pursuant to the Trust Indenture, dated as of December 1,
2009, from the Monroe Authority to the Series 2009B Trustee (the “Series 2009B
Indenture”), or its successor in trust, the principal sum of $93,630,000,
together with interest and prepayment premium (if any) thereon as follows:

 

(a)           on or before each Interest Payment
Date (as defined in the Series 2009B 
Indenture), a sum which will equal the interest on the Series 2009B
Bonds which will become due on such Interest Payment Date on the Series 2009B
Bonds;

 

(b)           on or before January 1 in each
year, commencing  January 1, 2030, a
sum which will equal the principal amount of the Series 2009B  Bonds which will become due on  such January 1, whether by maturity or
by mandatory sinking fund redemption as provided in the Series 2009B
Indenture; and

 

(c)           on or before any redemption date or
date of acceleration of the Series 2009B Bonds, a sum equal to the
principal of and interest on the Series 2009B Bonds which are to be
redeemed on such date or which become due by reason of acceleration under the Series 2009B
Indenture.

 

This
Series 2009B (Monroe) Note evidences the Loan (as defined in the Series 2009B

 

D-1

 

Loan
Agreement hereinafter referred to) by the Monroe Authority to Oglethorpe and
the obligation of Oglethorpe to repay the same and shall be governed by and
shall be payable in accordance with the terms, conditions and provisions of the
Loan Agreement, dated as of December 1, 2009 (the “Series 2009B Loan
Agreement”), between the Monroe Authority and Oglethorpe, pursuant to which the
Monroe Authority has agreed to loan to Oglethorpe the proceeds from the sale of
the Series 2009B Bonds.

 

This
Series 2009B (Monroe) Note is a duly authorized obligation of Oglethorpe
issued under and equally and ratably secured by the Indenture, dated as of March 1,
1997 (the “Original Indenture”), as heretofore supplemented and as supplemented
by the Fifty-First Supplemental Indenture, dated as of December 1, 2009
(the “Fifty-First Supplemental Indenture”), between Oglethorpe, as grantor, and
U.S. Bank National Association, successor to SunTrust Bank, Atlanta, as trustee
(in such capacity, the “Indenture Trustee”) (the Original Indenture, as
supplemented, the “Indenture”). 
Reference is hereby made to the Indenture for a statement of the
description of the properties thereby mortgaged, pledged and assigned, the
nature and extent of the security and the respective rights, limitations of
rights, duties and immunities thereunder of Oglethorpe, the Indenture Trustee
and the holder of this Series 2009B (Monroe) Note and of the terms upon
which this Series 2009B (Monroe) Note is authenticated and delivered.  This Series 2009B (Monroe) Note is
created by the Fifty-First Supplemental Indenture and designated as the “Series 2009B
(Monroe) Note.”

 

All
payments hereon are to be made to the Series 2009B Trustee at its office
in Atlanta, Georgia, in lawful money of the United States of America which will
be immediately available on the day payment is due.  As set forth in Section 4.6 of the Series 2009B
Loan Agreement, the obligation of Oglethorpe to make the payments required
hereunder shall be absolute and unconditional.

 

Oglethorpe
shall be entitled to certain credits against payments required to be made
hereunder as provided in Section 4.3 of the Series 2009B Loan
Agreement.

 

This
Series 2009B (Monroe) Note may be prepaid upon the terms and conditions
set forth in Article 8 of the Series 2009B Loan Agreement.

 

If
the Series 2009B Trustee shall accelerate payment of the Series 2009B
Bonds, all payments on this Series 2009B (Monroe) Note shall be declared
due and payable in the manner and with the effect provided in the Series 2009B
Loan Agreement.  The Series 2009B
Loan Agreement provides that, under certain conditions, such declaration shall
be rescinded by the Series 2009B Trustee.

 

No
recourse shall be had for the payments required hereby or for any claim based
herein or in the Series 2009B Loan Agreement or in the Indenture against
any officer, director or member, past, present or future, of Oglethorpe as
such, either directly or through Oglethorpe, or under any constitutional
provision, statute or rule of law or by the enforcement of any assessment
or by any legal or equitable proceedings or otherwise.

 

This
Series 2009B (Monroe) Note shall not be entitled to any benefit under the
Indenture 

 

D-2

 

and
shall not become valid or obligatory for any purposes until the Indenture
Trustee shall have signed the form of authentication certificate endorsed
hereon.

 

This
Series 2009B (Monroe) Note shall be governed by and construed in
accordance with the laws of the State of Georgia.

 

IN
WITNESS WHEREOF, Oglethorpe has caused this Series 2009B (Monroe) Note to
be executed in its corporate name by its Chief Financial Officer and attested
by its Secretary and its corporate seal to be hereunto affixed.

 

 

	
   

  	
  OGLETHORPE
  POWER CORPORATION (AN ELECTRIC MEMBERSHIP CORPORATION)

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Elizabeth
  B. Higgins

  
	
   

  	
   

  	
  Executive
  Vice President and Chief

  
	
   

  	
   

  	
  Financial
  Officer

  
	
  (SEAL)

  	
   

  
	
   

  	
   

  
	
  Attest:

  	
   

  
	
   

  	
   

  	
   

  
	
  Patricia
  N. Nash

  Secretary

  	
   

  
				

 

D-3

 

TRUSTEE’S CERTIFICATE OF AUTHENTICATION

 

This
is one of the Obligations of the series designated therein referred to in the
within mentioned Indenture.

 

	
   

  	
  U.S.
  BANK NATIONAL ASSOCIATION,

  as
  Trustee

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
  Authorized
  Signature

  

 

D-4

 

Schedule 1

 

RECORDING INFORMATION

FOR

                          
COUNTY, GEORGIA

 

	
  DOCUMENT

  	
   

  	
  RECORDING

  INFORMATION

  	
   

  	
  DATE OF

  RECORDING

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Original
  Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  First
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Second
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Third
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Fourth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Fifth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Sixth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Seventh
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Eighth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Ninth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Tenth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Eleventh
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Twelfth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Thirteenth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Fourteenth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Fifteenth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Sixteenth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Seventeenth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Eighteenth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Nineteenth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Twentieth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Twenty-First
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Twenty-Second
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Twenty-Third
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Twenty-Fourth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  

 

 

	
  DOCUMENT

  	
   

  	
  RECORDING

  INFORMATION

  	
   

  	
  DATE OF

  RECORDING

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Twenty-Fifth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Twenty-Sixth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Twenty-Seventh
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Twenty-Eighth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Twenty-Ninth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Thirtieth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Thirty-First
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Thirty-Second
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Thirty-Third
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Thirty-Fourth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Thirty-Fifth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Thirty-Sixth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Thirty-Seventh
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Thirty-Eighth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Thirty-Ninth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Fortieth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Forty-First
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Forty-Second
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Forty-Third
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Forty-Fourth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Forty-Fifth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Forty-Sixth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Forty-Seventh
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Forty-Eighth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Forty-Ninth
  Supplemental Indenture

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Fiftieth
  Supplemental Indenture

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00170-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00170-of-00352.parquet"}]]