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SIXTH
SUPPLEMENTAL INDENTURE
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MIDAMERICAN ENERGY COMPANY
TO
HARRIS TRUST AND SAVINGS BANK,
TRUSTEE
DATED AS OF JULY 1, 1995
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ASSUMING THE OBLIGATIONS OF THE GENERAL MORTGAGE BONDS AND
THE OBSERVANCE OF THE TERMS OF THE INDENTURE AND
CONFIRMING THE LIEN OF THE INDENTURE
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SUPPLEMENTAL TO GENERAL MORTGAGE INDENTURE
AND DEED OF TRUST
DATED AS OF JANUARY 1, 1993
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THE SIXTH SUPPLEMENTAL INDENTURE, dated as of July 1, 1995, between
MidAmerican Energy Company, an Iowa corporation ("MidAmerican"), and Harris
Trust and Savings Bank, and Illinois corporation, as successor Trustee under the
General Mortgage Indenture and Deed of Trust ("Indenture"), dated as of January
1, 1993, heretofore executed and delivered by Midwest Power Systems Inc.
("Midwest Power") to Morgan Guaranty Trust Company of New York, predecessor
Trustee, to secure Mortgage bonds issued by Midwest Power pursuant to the
Indenture, unlimited in aggregate principal amount except as therein otherwise
provided.
WHEREAS, except for terms defined in this Supplemental Indenture, all
capitalized terms used in this Supplemental Indenture have the respective
meanings set forth in the Indenture; and
WHEREAS, Midwest Power has heretofore executed and delivered to the Trustee
the First, Second, and Third Supplemental Indentures dated as of January 1,
1993, January 15, 1993 and May 1, 1993, respectively, creating eleven series of
Bonds; and
WHEREAS, effective September 28, 1994, Morgan Guaranty Trust Company of New
York resigned as Trustee under the Indenture and Harris Trust and Savings Bank
was duly appointed as successor Trustee under the Indenture; and
WHEREAS, Midwest Power has heretofore executed and delivered to the Trustee
the Fourth Supplemental Indenture dated as of October 1, 1994 to confirm unto
the Trustee and record the description of certain property which is subject to
the Lien of the Indenture; and
WHEREAS, Midwest Power has heretofore executed and delivered to the Trustee
the Fifth Supplemental Indenture dated as of November 1, 1994 creating the
twelfth series of Bonds; and
WHEREAS, effective July 1, 1995 Midwest Power, Midwest Resources Inc., an
Iowa corporation and owner of the issued and outstanding common stock of Midwest
Power, and Iowa-Illinois Gas and Electric Company, an Illinois corporation, were
validly and legally merged (the "Merger") with and into MidAmerican; and
WHEREAS, the Indenture requires MidAmerican to enter into a Supplemental
Indenture for the purpose of assuming the due and punctual payment of the
principal and premium, if any, and interest on all outstanding Bonds according
to their tenor and the due and punctual performance by Midwest Power, confirming
the Lien of the Indenture and making the covenant and stipulation hereinafter
set forth; and
WHEREAS, all acts and things have been done and performed which are
necessary to make this Supplemental Indenture, when duly executed and delivered,
a valid, binding and legal instrument in accordance with its terms for the
purposes herein expressed; and the execution and delivery of this Supplemental
Indenture have been in all respects duly authorized.
NOW THEREFORE, in consideration of the premises and in further
consideration of the sum of One Dollar in lawful money of the United States of
America paid to MidAmerican by the Trustee at or before the execution and
delivery of this Supplemental Indenture, the receipt of which is hereby
acknowledged, and of other good and valuable consideration, it is agreed by and
between MidAmerican and the Trustee as follows:
ARTICLE I
Assumption of Outstanding Bonds and Indenture Covenants
SECTION 1. MidAmerican does hereby acknowledge that Midwest Power has
been merged with and into MidAmerican and that such merger was on such terms
which fully preserve and in no respect impair the Lien or security of the
Indenture, or any of the rights or powers of the Trustee or the Bondholders
under the Indenture, or create any Prior Lien (other than Permissible
Encumbrances) on the Mortgaged Property.
SECTION 2. MidAmerican does hereby represent that MidAmerican does not
have outstanding, nor does it propose to issue in connection with such merger,
and obligations secured by a mortgage, pledge or other lien.
SECTION 3. In compliance with the requirements of Section 13.01 and
Section 15.01(i) of the Indenture, MidAmerican hereby expressly assumes the due
and punctual payment of the principal of and premium, if any, and interest on
all Bonds according to their tenor and the due and punctual performance and
observance of all the covenants and conditions of the Indenture to be kept or
performed by Midwest Power.
ARTICLE II
Grant
SECTION 1. In compliance with the requirements of Section 13.02(b)(i)
of the Indenture and in order to confirm the Lien of the Indenture and to
preserve and protect the rights of the Bondholders under the Indenture,
MidAmerican hereby confirms the prior Lien of the Indenture upon the Mortgaged
Property and subjects to the Lien of the Indenture as a first lien, or as a lien
subject only to liens affecting the property of Midwest Power prior to the
Merger, (A) all property which MidAmerican shall hereafter acquire or construct
which shall form an integral part of, or be essential to the use or operation
of, any property now or hereafter subject to the Lien of the Indenture and (B)
all renewals, replacements and additional property as may be purchases,
constructed or otherwise acquired by MidAmerican from and after the date of the
Merger to maintain the Mortgaged Property in good repair, working order and
condition as an operating system or systems and to comply with any covenant or
condition of the Indenture to be kept or observed by Midwest Power.
SECTION 2(a). In compliance with the requirements of Section 13.02(b)(ii)
of the Indenture, MidAmerican hereby covenants to keep the Mortgaged Property,
as far as practicable, identifiable.
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SECTION 2(b). Further in compliance with the requirements of Section
13.02(b)(ii) of the Indenture, MidAmerican hereby stipulates that the Trustee
shall not be taken impliedly to waive, by accepting or joining in this
Supplemental Indenture, and rights it would otherwise have.
ARTICLE III
The Trustee
SECTION 1. The Trustee shall not be responsible in any manner
whatsoever for or in respect of the validity or sufficiency of this Supplemental
Indenture or the due execution here of by MidAmerican, or for or in respect of
the recitals and statements contained herein, all of which recitals and
statements are made solely by MidAmerican.
SECTION 2. Except as herein otherwise provided, no duties,
responsibilities or liabilities are assumed, or shall be construed to be
assumed, by the Trustee by reason of this Supplemental Indenture other than as
set forth in the Indenture; and this Supplemental Indenture is executed and
accepted on behalf of the Trustee, subject to all terms and conditions set forth
in the Indenture, as fully to all intents as if the same were herein set forth
at length.
ARTICLE IV
Miscellaneous Provisions
SECTION 1. Except insofar as herein otherwise expressly provided, all
the provisions, definitions, terms and conditions of the Indenture, as it may
from time to time be amended, shall be deemed to be incorporated in and made a
part of, this Supplemental Indenture; and the Indenture as Indenture, as
amended, and this Supplemental Indenture shall be read, taken and construed as
one and the same instrument.
SECTION 2. Nothing in this Supplemental Indenture is intended, or shall
be construed, to give to any person or corporation, other than the parties
hereto and the Registered Holders of Bonds issued and to be issued under and
secured by the Indenture, any legal or equitable right, remedy or claim under or
in respect of this Supplemental Indenture, or under any covenant, condition or
provision herein contained, all the covenants, conditions and provisions of this
Supplemental Indenture being intended to be, and being, for the sole and
exclusive benefit of the parties hereto and of the Registered Holders of Bonds
issued and to issued under the Indenture and secured hereby.
SECTION 3. All covenants, stipulations and agreements in this
Supplemental Indenture contained by or on behalf of MidAmerican shall bind its
successors and assigns, whether so expressed or not.
SECTION 4. This Supplemental Indenture may be executed in any number of
counterparts, and each of such counterparts when so executed shall be deemed to
be an original; but all such counterparts shall together constitute but one and
the same instrument.
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IN WITNESS WHEREOF, MIDAMERICAN ENERGY COMPANY has caused this Supplemental
Indenture to be executed by its President or one of its Vice Presidents and duly
attested by its Secretary or its Assistant Secretary (MidAmerican Energy Company
has no seal), and the Trustee has caused the same to be executed by one of its
Vice Presidents and its corporate seal to be hereunto affixed, duly attested by
one of its Assistant Secretaries, as of the day and year first written above.
MIDAMERICAN ENERGY COMPANY
By: /s/ L. E. Cooper
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L. E. Cooper
Group Vice President
Attest:
/s/ P. J. Leighton
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P. J. Leighton
Secretary
Signed, acknowledged and
delivered by MidAmerican
Energy Company in the
presence of:
/s/ J. A. Williams
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J. A. Williams
/s/ J. J. Chaplin
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J. J. Chaplin
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HARRIS TRUST AND SAVINGS BANK,
Trustee
By: /s/J. Bartolini
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J. Bartolini
Vice President
[Corporate Seal]
Attest:
/s/C. Porter
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C. Porter
Assistant Sectary
Signed, sealed, acknowledged
and delivered by Harris Trust
and Savings Bank in the
presence of:
/s/R. Johnson
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R. Johnson
/s/Kimberley Lange
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Kimberley Lange
5
State of Iowa )
ss.
County of Polk )
On this 30th day of June, 1995, before me appeared L. E. Cooper, to me
personally known, who, being by me duly sworn, did say that he is the Group Vice
President of MidAmerican Energy Company, a corporation described in and which
executed the foregoing instrument, and that said instrument was signed on behalf
of said corporation by authority of its board of directors, and said L. E.
Cooper acknowledged said instrument to be the free act and deed of said
corporation.
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EVONNE E. SCHAAF /s/Evonne E. Schaaf
MY COMMISSION EXPIRES ------------------------------
11-3-95 Evonne E. Schaaf,
------- Notary Public
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State of Illinois )
ss.
County of Cook )
On this 29th day of June, 1995, before me appeared J. Bartolini, to me
personally known, who, being by me duly sworn, did say that she is a Vice
President of Harris Trust and Savings Bank, an Illinois corporation described in
and which executed the foregoing instrument, and that the seal affixed to the
foregoing instrument is the seal of said corporation, and that said instrument
was signed and sealed on behalf of said corporation by authority of its board of
directors, and said J. Bartolini acknowledged said instrument to be free act and
deed of said corporation.
/s/M. Cody
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M. Cody,
Notary Public
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"OFFICIAL SEAL"
Marianne Cody
Notary Public, State of Illinois
My Commission Expires 5/29/97
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