EX-4 7 x4c2.txt SATISFACTION AND DISCHARGE OF INDENTURE Exhibit 4(C)2 JPMORGAN CHASE BANK (A New York Banking Corporation) As Successor Trustee under Georgia Power Company's Indenture, Dated as of March 1, 1941 TO GEORGIA POWER COMPANY (A Georgia Corporation) Satisfaction and Discharge of Indenture, Release and Deed of Reconveyance Dated as of February 27, 2002 Discharging Georgia Power Company's Indenture Dated as of March 1, 1941 SATISFACTION AND DISCHARGE OF INDENTURE, RELEASE AND DEED OF RECONVEYANCE THIS DOCUMENT, dated as of the 27th day of February, 2002 (hereinafter referred to as "Satisfaction of Indenture"), relates to that certain Indenture, dated as of March 1, 1941, as heretofore amended and supplemented (the "Indenture"), from Georgia Power Company, a Georgia corporation, whose address is 241 Ralph McGill Blvd., Atlanta, Georgia 30308 (hereinafter referred to as the "Company"), to The New York Trust Company. WHEREAS, The New York Trust Company merged into Chemical Corn Exchange Bank, the name of which became Chemical Bank New York Trust Company at the time of said merger, and said Chemical Bank New York Trust Company merged into Chemical Bank on February 17, 1969, and said Chemical Bank merged with The Chase Manhattan Bank, National Association, on July 15, 1996, and the name became The Chase Manhattan Bank and The Chase Manhattan Bank merged with Morgan Guaranty Trust Company of New York on November 10, 2001, and the name became JPMorgan Chase Bank, a New York banking corporation, whose address is 450 West 33rd Street, New York, New York 10001 (hereinafter referred to as "Trustee"). WHEREAS, the Indenture (including all indentures supplemental thereto) was recorded in the official records of the States of Georgia, Alabama and South Carolina and various counties within said states in which this Satisfaction of Indenture is to be recorded, and was filed as a financing statement in accordance with the Uniform Commercial Code of each of said states; and WHEREAS, the Company executed, delivered, recorded and filed numerous indentures supplemental to the Indenture; and WHEREAS, all indebtedness secured by the Indenture and all proper charges of the Trustee thereunder have been paid and there are no bonds Outstanding under the Indenture; and WHEREAS, none of the Defaults defined in Section 11.01 of the Indenture has occurred and is continuing; and WHEREAS, pursuant to Section 13.01 of the Indenture and a Resolution of the Finance Committee of its Board of Directors, the Company has requested the Trustee to cancel and discharge the Lien of the Indenture and all indentures supplemental thereto, and to execute and deliver to the Company this Satisfaction of Indenture in order to reconvey and transfer to the Company the property of the Company which is subject to the lien of the Indenture (whether created by the Indenture, including without limitation the lien created by the after-acquired property clauses of the Indenture, or by subsequent conveyance, delivery or pledge to the trustee under the Indenture or otherwise) (the "Mortgaged and Pledged Property") and to acknowledge that the Lien of the Indenture has been cancelled, discharged and satisfied; NOW, THEREFORE, THIS SATISFACTION OF INDENTURE WITNESSETH: ARTICLE I Satisfaction and Discharge The Trustee hereby acknowledges and agrees that The New York Trust Company merged into Chemical Corn Exchange Bank, the name of which became Chemical Bank New York Trust Company at the time of said merger, and said Chemical Bank New York Trust Company merged into Chemical Bank on February 17, 1969, and said Chemical Bank merged with The Chase Manhattan Bank, National Association, on July 15, 1996, and the name became The Chase Manhattan Bank and The Chase Manhattan Bank merged with Morgan Guaranty Trust Company of New York on November 10, 2001, and the name became JPMorgan Chase Bank, a New York banking corporation, and the Trustee is the successor trustee under the Indenture. The Trustee, pursuant to the provisions of Section 13.01 of the Indenture, hereby acknowledges that the Company's obligations under the Indenture have been satisfied and hereby cancels and discharges the Indenture and the Lien thereof. The Trustee hereby authorizes and directs the clerks of the superior courts of Georgia wherein the Indenture or any supplemental indenture is recorded to cancel the Indenture and all supplemental indentures thereto as provided in Code Section 44-14-4 of the Official Code of Georgia for other mortgage cancellations. The Trustee hereby authorizes and directs the officials in the States of Alabama and South Carolina in the offices wherein the Indenture or any supplemental indenture is recorded to cancel the Indenture and all supplemental indentures as provided by law. ARTICLE II Deed of Reconveyance The Trustee, for valuable consideration, the receipt and sufficiency whereof are hereby acknowledged, hereby reconveys, quitclaims, releases, reassigns, retransfers and sets over unto the Company, and its successors and assigns forever, and releases and forever discharges from the Lien of the Indenture, all of the Trustee's right, title and interest in and to the Mortgaged and Pledged Property, being all property, real, personal and mixed, held by the Trustee pursuant to the Indenture or subject to the Lien thereof, of any kind or nature and wheresoever situated, including the properties described in the Indenture and all indentures supplemental thereof, and including (without in anywise limiting or impairing by the enumeration of the same the scope and intent of the foregoing) all premises, property, franchises and rights of every kind and description, real, personal and mixed, tangible and intangible, all lands, power sites, flowage rights, water rights, water locations, water appropriations, ditches, flumes, reservoirs, reservoir sites, canals, raceways, dams, dam sites, aqueducts, water rights, and all other rights or means for appropriating, conveying, storing and supplying water; all rights of way and roads; all plants for the generation of electricity by steam, water and/or other power; all power houses, gas plants, street lighting systems, standards and other equipment incidental thereto, telephone, radio, television and air conditioning systems and equipment incidental thereto, water works, water systems, steam heat, water and hot water plants, systems and equipment, buildings and other structures, substations, lines, service and supply systems, bridges, culverts, tracks, ice or refrigeration plants, systems and equipment; all offices, buildings and other structures and the contents thereof and the equipment therefor; all machinery, engines, boilers, dynamos, electric, gas and other machines, regulators, meters, transformers, generators, motors, electrical, gas and mechanical appliances, conduits, cables, water, hot water, steam heat, gas or other pipes, gas mains and pipes, service pipes, fittings, valves and connections, pole and transmission lines, wires, cables, bridges, tracks, tools, implements, apparatus, furniture and chattels; all other franchises, consents or permits; all street and interurban railways, buses and bus properties; all cars, automobiles, trucks, motor cars, buses, vehicles, rolling stock and tracks; all supplies, merchandise, furniture, chattels; all municipal, county and other franchises; all lines or conduits for the transmission or distribution of electric current, gas, steam heat, water or hot water for any purpose, including without limitation towers, poles, wires, cables, pipes, conduits, ducts and all apparatus for use in connection therewith; all real estate, lands, leases, leaseholds, water rights, heat, light, gas, electric, water, ice, refrigeration and other properties, easements, servitudes, licenses, permits, franchises, privileges, rights of way and other rights in or relating to public or private property, real or personal, or the occupancy of such property, and all right, title and interest of the Trustee (in its capacity as trustee under the Indenture) in and to all property of any kind or nature wheresoever situated; TOGETHER WITH all and singular the tenements, hereditaments and appurtenances belonging or in anywise appertaining to the aforesaid property or any part thereof, with the reversion and reversions, remainder and remainders and the tolls, rents, revenues, issues, earnings, income, product and profits thereof, and all the estate, right, title and interest and claim whatsoever, at law as well as in equity, of the Trustee in and to the aforesaid property and franchises and every part and parcel thereof; TO HAVE AND TO HOLD all such real, personal and mixed properties that are herein reconveyed, quitclaimed, released, reassigned, retransferred, and set over by the Trustee as aforesaid, unto the Company and its successors and assigns forever, free and clear of all claims under and by virtue of the Mortgage; PROVIDED, HOWEVER, that this reconveyance, reassignment and retransfer shall be without covenants, warranties of title or seisin, or of any other nature whatsoever, either express or implied in law or in equity; and shall be without recourse against the Trustee in any event or any contingency, and shall be without prejudice to the rights of the Trustee under Article XVI of the Indenture, which rights shall survive satisfaction and discharge of the Indenture. ARTICLE III Regarding the Resignation of the Trustee Having acknowledged satisfaction and discharge of the Indenture, and having reconveyed the Mortgaged and Pledged Property to the Company, JPMorgan Chase Bank hereby resigns as Trustee under the Indenture, such resignation to take effect as of the date hereof and to be without prejudice to said rights under said Article XVI of the Indenture. ARTICLE IV Miscellaneous Provisions SECTION 4.01 The terms defined in the Indenture and used herein shall, for all purposes of this Satisfaction of Indenture, have the meanings specified in the Indenture. SECTION 4.02 The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Satisfaction of Indenture or for or in respect of the recitals contained herein, all of which recitals are made by the Company solely. SECTION 4.03 This Satisfaction of Indenture shall be executed in several counterparts, each of which shall be an original and all of which shall constitute but one and the same instrument. ARTICLE V Reference to Recording Data The Indenture was recorded on the dates, in the offices and at the locations, among others, set forth in Exhibit 1 attached hereto and by this reference made a part hereof. Exhibit 1 is not intended to be, and shall not be deemed to be, an exhaustive listing and is not intended to, and shall not be deemed to, limit in any manner the effect of this Satisfaction of Indenture, and this Satisfaction of Indenture shall apply to the Indenture and all indentures supplemental thereto, wherever and whenever recorded, and whether or not listed on Exhibit 1. IN WITNESS WHEREOF, JPMorgan Chase Bank has caused its corporate name to be hereunto affixed, and this instrument to be signed and sealed by one of its Vice Presidents or one of its Assistant Vice Presidents, and its corporate seal to be attested to by one of its Senior Trust Officers, all as of the day and year first above written. JPMORGAN CHASE BANK [SEAL] as Trustee By: ---------------------------- Vice President Attest: Senior Trust Officer Signed, sealed and delivered in the presence of: ---------------------------- Witness ---------------------------- Witness ---------------------------- Notary Public My Commission Expires: Notarial Seal STATE OF NEW YORK ) SS. COUNTY OF NEW YORK ) On this 27th day of February, 2002, before me, ___________________________, Notary Public in and for the State of New York, personally appeared ___________________________ and ____________________________, known to me to be a Vice President and a Senior Trust Officer, respectively, of JPMORGAN CHASE BANK, a New York banking corporation, who being duly sworn, stated that the seal affixed to the foregoing instrument is the corporate seal of said corporation and acknowledged this instrument to be the free, voluntary and in all respects duly and properly authorized act and deed of said corporation. IN WITNESS WHEREOF, I have hereunto set my hand and official seal the day and year first above written. [SEAL] Exhibit 1 List of Recording Information RECORDING DATA
Mortgage Name of County or Deed No. Pages Date Filed for Record -------------- --------- --- ----- --------------------- GEORGIA (Recorded in Office of Clerk of Superior Court) Appling............................ Deed 50 467-521 March 10, 1941 Atkinson........................... Deed 18 1-56 March 8, 1941 Bacon.............................. Deed 29 117-172 March 10, 1941 Baker.............................. Deed 38 1 seq. March 8, 1941 Baldwin............................ Deed 20 489-544 March 8, 1941 Banks.............................. Mtg 44 1-56 March 8, 1941 Barrow............................. Deed R 3 1/2-60 March 7, 1941 Bartow............................. Deed 78 135 March 7, 1941 Ben Hill........................... Deed 52 449-565 March 8, 1941 Berrien............................ Deed 60 1-56 March 8, 1941 Bibb............................... Mtg 489 700 March 10, 1941 Bleckley........................... Deed D-14 421-476 March 10, 1941 Bryan.............................. Deed 2-X 1-56 March 8, 1941 Bulloch............................ Deed 145 1-56 March 8, 1941 Burke.............................. Deed 46 1-56 March 8, 1941 Butts.............................. Deed 12 367-422 March 10, 1941 Calhoun............................ Deed U 1-56 March 8, 1941 Camden............................. Deed 00 1 seq. March 10, 1941 Candler............................ Mtg 24 431-486 March 8, 1941 Carroll............................ Deed 65 1-56 March 7, 1941 Catoosa............................ Deed 38 1 March 8, 1941 Chattahoochee...................... Mtg 18 1-56 May 1, 1941 Chattooga.......................... Mtg 12 100 March 8, 1941 Cherokee........................... Deed 10 1 March 7, 1941 Clarke............................. Mtg 64 1 et seq. March 11, 1941 Clay............................... Mtg 43 360 March 8, 1941 Clayton............................ Mtg Z 101-156 March 7, 1941 Cobb............................... Deed 144 1 March 7, 1941 Coffee............................. Deed 63 1-56 March 8, 1941 Colquitt........................... Deed 109 50 March 8, 1941 Columbia........................... Deed 21 371-426 March 8, 1941 Cook............................... Deed 21 1 March 8, 1941 Coweta............................. Deed 41 1-56 March 10, 1941 Crawford........................... Deed 37 1 et seq. March 11, 1941 Crisp.............................. Deed 30 1-56 March 7, 1941 Dade............................... Mtg 10 1 March 8, 1941 Dawson............................. Mtg M 1-56 March 7, 1941 DeKalb............................. Mtg 160 51 March 7, 1941 Dodge.............................. Deed 40 371-426 March 10, 1941 Dooly.............................. Deed 53 1 March 7, 1941 Dougherty.......................... Mtg 67 401 March 8, 1941 Douglas............................ Mtg 10 1 March 8, 1941 Early.............................. Deed 51 99-154 March 8, 1941 Elbert............................. Deed 32 207-262 March 10, 1941 GEORGIA Emanuel............................ Mtg H-4 1 et seq. March 8, 1941 Evans.............................. Deed 18 419-476 March 8, 1941 Fayette............................ Deed 29 1 March 10, 1941 Floyd.............................. Deed 189 1-56 March 8, 1941 Forsyth............................ Mtg 20 421 March 7, 1941 Franklin........................... Mtg 94 151-250 March 8, 1941 Fulton............................. 1799 1 et seq. March 7, 1941 Gilmer............................. Mtg L 121-186 March 7, 1941 Glascock........................... HH 296-378 March 8, 1941 Glynn.............................. Deed 5-C 243 March 8, 1941 Gordon............................. Mtg 20 151 March 8, 1941 Grady.............................. Deed 42 530 March 8, 1941 Greene............................. Deed 30 157 March 7, 1941 Gwinnett........................... Mtg 97 1 et seq. March 7, 1941 Habersham.......................... 37 1-56 March 8, 1941 Hall............................... Deed 87 1 March 7, 1941 Hancock............................ Deed YY 1 et seq. March 8, 1941 Haralson........................... Deed 64 200 March 8, 1941 Harris............................. Deed 13 1 March 7, 1941 Hart............................... Deed 49 1-A March 8, 1941 Heard.............................. Deed 31 118-173 March 7, 1941 Henry.............................. Mtg 57 1-56 March 10, 1941 Houston............................ Deed 52 480-535 March 10, 1941 Irwin.............................. Deed 14 401 March 8, 1941 Jackson............................ Mtg 49 1-56 March 8, 1941 Jasper............................. Deed A-7 1-56 March 10, 1941 Jeff Davis......................... Deed 23 256-311 March 10, 1941 Jefferson.......................... Deed 3-F 1-56 March 8, 1941 Jenkins............................ Deed BB 1-56 March 8, 1941 Johnson............................ Deed 39 1 et seq. March 7, 1941 Jones.............................. Deed WW 1-56 March 10, 1941 Lamar.............................. Deed 15 311-366 March 7, 1941 Laurens............................ Deed 87 121-176 March 7, 1941 Lee................................ Deed W 1-56 March 10, 1941 Liberty............................ Deed AAH 357-412 March 8, 1941 Lincoln............................ Deed 10 543-598 March 10, 1941 Long............................... Deed 14 1-56 March 8, 1941 Lumpkin............................ Deed V-1 1-56 March 7, 1941 Macon.............................. Deed MM 240 March 7, 1941 Madison............................ Deed E-3 1 et seq. March 8, 1941 Marion............................. Deed 33 1-56 March 10, 1941 McDuffie........................... Deed Z 569-624 March 8, 1941 McIntosh........................... Mtg K 225-280 March 8, 1941 Meriwether......................... Deed 38 1-56 March 10, 1941 Mitchell........................... Deed 72 1-56 March 8, 1941 Monroe............................. Deed 51 111-166 March 7, 1941 Montgomery......................... Deed 38 1-56 March 10, 1941 Morgan............................. Mtg 102 1 March 7, 1941 GEORGIA Murray............................. Deed 15 1 March 7, 1941 Muscogee........................... Mtg 134 1 et seq. March 7, 1941 Newton............................. Mtg 69 219-274 March 7, 1941 Oconee............................. W 235-290 March 11, 1941 Oglethorpe......................... Deed GGG 1 March 11, 1941 Paulding........................... Deed 3-C 1-56 March 8, 1941 Peach.............................. Deed Q 95 March 10, 1941 Pickens............................ Deed U 293 March 7, 1941 Pike............................... Deed 25 1-56 March 11, 1941 Polk............................... Deed 62 1-56 March 8, 1941 Pulaski............................ Deed 33 513-569 March 8, 1941 Putnam............................. Mtg 60 1-56 March 10, 1941 Quitman............................ Deed 27 100 March 8, 1941 Rabun.............................. Mtg N 1-56 March 8, 1941 Randolph........................... Deed BB-1 20-77 March 8, 1941 Richmond........................... Deed 14G 1-56 March 8, 1941 Rockdale........................... Mtg 2 1-56 March 7, 1941 Schley............................. Mtg 2 29+ March 10, 1941 Spalding........................... Mtg 90 247 et seq. March 7, 1941 Stephens........................... 30 431-486 March 8, 1941 Stewart............................ Deed 27 1-56 March 8, 1941 Sumter............................. Deed 25 201-256 March 10, 1941 Talbot............................. Deed PP 455 March 10, 1941 Taliaferro......................... Mtg HH 253 et seq. March 7, 1941 Tattnall........................... Mtg 27 1-56 March 8, 1941 Taylor............................. Deed 1 1-56 March 10, 1941 Telfair............................ Deed 3-K 463-518 March 10, 1941 Terrell............................ Deed II 1-56 March 10, 1941 Thomas............................. Deed 5-W 131 March 8, 1941 Tift............................... Deed 31 65 March 7, 1941 Toombs............................. Mtg 44 1-56 March 10, 1941 Treutlen........................... Mtg 20 115-170 March 10, 1941 Troup.............................. Mtg 59 1-56 March 7, 1941 Turner............................. Deed 23 421 March 7, 1941 Twiggs............................. Mtg 47 153-208 March 7, 1941 Upson.............................. Deed 94 1 et seq. March 11, 1941 Walker............................. Deed 86 1-56 March 8, 1941 Walton............................. Deed 27 7-62 March 11, 1941 Warren............................. Deed 3C 1 et seq. March 7, 1941 Washington......................... Mtg Realty B 225 March 8, 1941 Webster............................ Deed H.H. 1-56 March 10, 1941 Wheeler............................ Deed 13 1-56 March 10, 1941 White.............................. CC 1-56 March 7, 1941 Whitfield.......................... Deed 30 251 March 8, 1941 Wilcox............................. Deed VV 450 March 8, 1941 Wilkes............................. Deed A-64 1-56 March 10, 1941 Wilkinson.......................... Mtg 68 1-56 March 10, 1941 Worth.............................. Deed 69 1 March 8, 1941 SOUTH CAROLINA (Recorded in Clerk's Office, Court of Common Pleas) Abbeville.......................... Mtg BBBB 121-178 March 10, 1941 Anderson........................... 246 1 March 10, 1941 Oconee............................. Mtg 4-L 1 March 10, 1941 ALABAMA (Recorded in Office of Judge of Probate) Chambers........................... Deed 68 1 March 12, 1941 Lee................................ 252 41-96 March 12, 1941 Russell............................ Mtg 29 410-465 March 12, 1941