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Purchase Contract Agreement

 

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Title:

Purchase Contract Agreement

Entities:

Cede & Co.; Chase Manhattan Bank; PP&L Capital Funding Trust I; Nasdaq Stock Market Inc.

Date:

2001

Size:

Preview shows 7KB of 324KB total

Price:

$72

ID:

#1872850

 

 

► Miscellany ► Contract ► Purchase Contract Agreements
► Financial
► Financial ► Investment Services

 

 

Start of Preview


                                 PPL CORPORATION



AND


THE CHASE MANHATTAN BANK,
AS PURCHASE CONTRACT AGENT AND TRUSTEE


-------------------------------

PURCHASE CONTRACT AGREEMENT

-------------------------------


Dated as of
---------------




================================================================================


{PAGE}


Reconciliation and Tie
between Trust Indenture Act
of 1939 and Purchase Contract
Agreement dated as of , [2000]
--------


Section of Section of
Trust Indenture Act Purchase Contract
of 1939, as amended Agreement
------------------- ----------------

310(a)................................7.8
310(b)................................7.9(g), 11.8
310(c)................................Inapplicable
311(a)................................11.2(b)
311(b)................................11.2(b)
311(c)................................Inapplicable
312(a)................................11.2(a)
312(b)................................11.2(b)
313...................................11.3
314(a)................................11.4
314(b)................................Inapplicable
314(c)................................11.5
314(d)................................Inapplicable
314(e)................................1.2, 1.3, 11.5
314(f)................................11.1
315(a)................................7.1(a)
315(b)................................7.2
315(c)................................7.1(e)
315(d)................................7.1(b)
316(a)................................11.6
316(b)................................6.1
316(c)................................11.2
317(a)................................Inapplicable
317(b)................................Inapplicable
318(a)................................11.1(b)
318(b)................................11.1
318(c)................................11.1(a)

-------------------
Note: This reconciliation and tie shall not, for any purpose, be deemed to be a
part of the Purchase Contract Agreement.


-i-
{PAGE}


TABLE OF CONTENTS

PAGE
----

ARTICLE I Definitions and Other Provisions of General Application....1

SECTION 1.1 Definitions....................................................1
SECTION 1.2 Compliance Certificates and Opinions..........................10
SECTION 1.3 Form of Documents Delivered to Purchase Contract Agent........11
SECTION 1.4 Acts of Holders; Record Dates.................................11
SECTION 1.5 Notices to Purchase Contract Agent, Company, Collateral
Agent or Guarantor............................................13
SECTION 1.6 Notice to Holders; Waiver.....................................14
SECTION 1.7 Effect of Headings and Table of Contents......................14
SECTION 1.8 Successors and Assigns........................................14
SECTION 1.9 Separability Clause...........................................15
SECTION 1.10 Benefits of Agreement.......................................15
SECTION 1.11 Governing Law...............................................15
SECTION 1.12 Legal Holidays..............................................15
SECTION 1.13 Counterparts................................................15
SECTION 1.14 Inspection of Agreement.....................................15
SECTION 1.15 Appointment of Additional Agents............................16

ARTICLE II Certificate Forms......................16

SECTION 2.1 Forms of Certificates Generally...............................16
SECTION 2.2 Form of Purchase Contract Agent's Certificate of
Authentication................................................17

ARTICLE III The Securities.......................17

SECTION 3.1 Amount; Form and Denominations................................17
SECTION 3.2 Rights and Obligations Evidenced by the Certificates..........18
SECTION 3.3 Execution, Authentication, Delivery and Dating................19
SECTION 3.4 Temporary Certificates........................................19
SECTION 3.5 Registration; Registration of Transfer and Exchange...........20
SECTION 3.6 Book-Entry Interests..........................................21
SECTION 3.7 Notices to Holders............................................22
SECTION 3.8 Appointment of Successor Depositary...........................22
SECTION 3.9 Definitive Certificates.......................................22
SECTION 3.10 Mutilated, Destroyed, Lost and Stolen Certificates..........22
SECTION 3.11 Persons Deemed Owners.......................................23
SECTION 3.12 Cancellation................................................24
SECTION 3.13 Creation of Treasury SPC Units by Substitution of
Treasury Securities.........................................25
SECTION 3.14 Reestablishment of SPC Units................................26
SECTION 3.15 Transfer of Collateral upon Occurrence of Termination
Event.......................................................27
SECTION 3.16 No Consent to Assumption....................................28

ARTICLE IV The [Preferred Securities,] Notes [and Applicable Ownership
Interest in the Treasury Portfolio]..................28

SECTION 4.1 [Interest] Payments; Rights to [Interest] Payments Preserved..28
SECTION 4.2 [Deferral of Interest Payments................................29
SECTION 4.3 [Interest Rate Reset; Notice Relating to Cash Settlement......29

 

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