Exhibit 99(b)
[FORM OF]
NOTICE OF GUARANTEED DELIVERY
ONCOR ELECTRIC DELIVERY COMPANY
6.375% SENIOR SECURED NOTES DUE 2015
7.250% SENIOR SECURED NOTES DUE 2033
(THE "OLD NOTES")
This form or one substantially equivalent hereto (along with the related
Letter of Transmittal) must be used to accept the related Exchange Offer of
Oncor Electric Delivery Company (the "Company") made pursuant to a prospectus
dated July __, 2003 (the "Prospectus"), if certificates for Old Notes of the
Company are not immediately available or if the procedures for book-entry
transfer cannot be completed on a timely basis or time will not permit all
required documents to reach the Exchange Agent prior to 5:00 p.m., New York City
time, on the Expiration Date of the Exchange Offer. Such form may be delivered
or transmitted by telegram, telex, facsimile transmission, mail or hand delivery
to the Exchange Agent as set forth below. Capitalized terms not defined herein
are defined in the Prospectus.
THE EXCHANGE AGENT IS:
THE BANK OF NEW YORK
By Registered or Certified Mail, Overnight Courier:
The Bank of New York
Corporate Trust Operations
Reorganization Unit
101 Barclay Street - 7 East
New York, New York 10286
Attention: [ ]
Reference: Oncor Electric Delivery Company
By Hand:
The Bank of New York
Corporate Trust Services Window
Lobby Level
101 Barclay Street
New York, New York 10286
Attention: [ ]
Reference: Oncor Electric Delivery Company
By Facsimile (for Eligible Institution Only):
(212) 298-1915
Confirm by Telephone:
(212) 815-3738
DELIVERY OF THIS INSTRUMENT TO AN ADDRESS OTHER THAN AS SET FORTH ABOVE, OR
TRANSMISSION OF THIS INSTRUMENT VIA FACSIMILE OTHER THAN AS SET FORTH ABOVE,
WILL NOT CONSTITUTE A VALID DELIVERY.
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LADIES AND GENTLEMEN:
Upon the terms and conditions set forth in the Prospectus and the related
Letter of Transmittal, the undersigned hereby tenders to the Company the
principal amount and series of Old Notes set forth below, pursuant to the
guaranteed delivery procedures described in the Prospectus under THE EXCHANGE
OFFER -- "Procedures for Tendering - Registered Holders and DTC Participants --
Guaranteed Delivery Procedures."
Principal Amount of Old Notes If Old Notes will be delivered by
(specify series) Tendered:* book-entry transfer to The Depository
Trust Company, provide account number.
$
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$
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Certificates Nos. (if available): Account Number _________________________
Total Principal Amount Represented by
Old Notes (specify series)Certificate(s):
$
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$
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* Must be in denominations of principal amount of $1,000 and integral
multiples of $1,000 in excess thereof. See Instruction 1 in the Letter of
Transmittal.
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ALL AUTHORITY HEREIN CONFERRED OR AGREED TO BE CONFERRED SHALL SURVIVE THE DEATH
OR INCAPACITY OF THE UNDERSIGNED AND EVERY OBLIGATION OF THE UNDERSIGNED
HEREUNDER SHALL BE BINDING UPON THE HEIRS, PERSONAL REPRESENTATIVES, SUCCESSORS
AND ASSIGNS OF THE UNDERSIGNED.
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PLEASE SIGN HERE
X
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X
X
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SIGNATURE(S) OF OWNER(S) OR AUTHORITY SIGNATORY DATE
Telephone Number (including area code):
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This Notice of Guaranteed Delivery must be signed by the Holder(s) of Old
Notes as their name(s) appear(s) on certificates for Old Notes or on a DTC
security position listing, or by person(s) authorized to become registered
Holder(s) by endorsement and documents transmitted with this Notice of
Guaranteed Delivery. If signature is by a trustee, executor, administrator,
guardian, attorney-in-fact, officer or other person acting in a fiduciary or
representative capacity, such person must set forth his or her full title below.
PLEASE PRINT NAME(S) AND ADDRESS(ES)
Name(s):
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Address(es):
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GUARANTEE
The undersigned, a member of a registered national securities exchange, or
a member of the National Association of Securities Dealers, Inc., or a
commercial bank or trust company having an office or correspondent in the United
States or an "eligible guarantor institution" within the meaning of Rule 17Ad-15
under the Securities Exchange Act of 1934, as amended, hereby guarantees that
the certificates representing the principal amount and series of Old Notes
tendered hereby in proper form for transfer, or timely confirmation of the
book-entry transfer of such Old Notes into the Exchange Agent's account at The
Depository Trust Company pursuant to the procedures set forth in the Prospectus
under THE EXCHANGE OFFER -- "Procedures for Tendering - Registered Holders and
DTC Participants," together with one or more properly completed and duly
executed Letters of Transmittal (or facsimile thereof or Agent's Message in lieu
thereof) and any other documents required by the Letter of Transmittal in
respect of the Old Notes, will be received by the Exchange Agent at the address
set forth above, no later than five New York Stock Exchange trading days after
the date of execution hereof.
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Name of Firm Authorized Signature
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Address Title
Name:
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Zip Code (Please Type or Print)
Area Code and Tel. No. Dated:
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NOTE: DO NOT SEND CERTIFICATES FOR OLD NOTES WITH THIS FORM.
CERTIFICATES FOR OLD NOTES SHOULD ONLY BE SENT WITH YOUR LETTER OF TRANSMITTAL.
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