Exhibit 10.2.3
Execution Copy
TRUST INDENTURE
BETWEEN
NEW YORK STATE ENERGY RESEARCH
AND DEVELOPMENT AUTHORITY
AND
THE BANK OF NEW YORK,
as Trustee
Dated as of June 1, 2001
-relating to-
$224,600,000 Facilities Revenue Bonds, Series 2001A
(Consolidated Edison Company of New York, Inc. Project)
TABLE OF CONTENTS
Page
ARTICLE I
DEFINITIONS; COMPUTATIONS; CERTIFICATES
AND OPINIONS; EVIDENCE OF ACTION BY AUTHORITY
SECTION 1.01. Definitions of Specific Terms ............................ I-1
SECTION 1.02. Definitions of General Terms ............................ I-26
ARTICLE II
AUTHORIZATION OF BONDS
ARTICLE III
INTEREST ON BONDS
SECTION 2.01. Limitation on Issuance of Bonds ......................... II-1
SECTION 2.02. Authorization of Bonds .................................. II-1
SECTION 2.03. Global Form; Securities Depository ...................... II-2
SECTION 2.04. Limitations on Transfer ................................. II-4
SECTION 2.05. Application of Bond Proceeds ............................ II-5
SECTION 2.06. Delivery of the Bonds ................................... II-5
SECTION 3.01. Interest on Bonds-General .............................. III-1
SECTION 3.02. Commercial Paper Rate .................................. III-4
SECTION 3.03. Auction Rate Period - Auction Rate: Auction Period -
General .............................................. III-5
SECTION 3.04. Auction Rate Period - Auction Rate Bonds: Change of
Auction Period by Authority .......................... III-5
SECTION 3.05. Auction Rate Period - Auction Rate Bonds: Change of
Auction Date by Remarketing Agent .................... III-7
SECTION 3.06. Auction Rate Period - Auction Rate Bonds: Orders by
Beneficial Owners and Potential Beneficial Owners .... III-7
SECTION 3.07. Auction Rate Period - Auction Rate Bonds: Submission of
Orders by Brok