Amount; Series; Terms Clause Samples
The 'Amount; Series; Terms' clause defines the key financial and structural details of a transaction, such as the total amount involved, the specific series or class of securities being issued, and the terms governing those securities. In practice, this clause specifies the exact dollar value or quantity, identifies whether the issuance pertains to a particular series (for example, Series A or Series B shares), and outlines the relevant terms such as interest rates, maturity dates, or conversion rights. Its core function is to ensure all parties have a clear and unambiguous understanding of what is being issued, under what conditions, and in what amount, thereby reducing the risk of disputes or misunderstandings regarding the fundamental aspects of the transaction.
Amount; Series; Terms. (a) There is hereby created and designated a series of Securities under the Base Indenture: the title of the Notes shall be “4.45% Senior Notes Due 2020”. The changes, modifications and supplements to the Base Indenture effected by this Supplemental Indenture shall be applicable only with respect to, and govern the terms of, the Notes and shall not apply to any other series of Securities that may be issued under the Base Indenture unless a supplemental indenture with respect to such other series of Securities specifically incorporates such changes, modifications and supplements.
(b) The aggregate principal amount of Notes that initially may be authenticated and delivered under this Supplemental Indenture shall be limited to $600,000,000 (the “Initial Notes”), subject to increase as set forth in Section 3.04.
(c) The Stated Maturity of the Notes shall be July 22, 2020. The Notes shall be payable and may be presented for payment, redemption, registration of transfer and exchange, without service charge, at the Corporate Trust Office.
(d) The Notes shall bear interest at the rate of 4.45% per annum from and including July 22, 2010, or from the most recent date to which interest has been paid or duly provided for, as further provided in the form of Note annexed hereto as Exhibit A. Interest shall be computed on the basis of a 360-day year composed of twelve 30-day months. The dates on which such interest shall be payable (each, an “Interest Payment Date”) shall be January 22 and July 22 of each year, beginning on January 22, 2011, and the “Regular Record Date” for any interest payable on each such Interest Payment Date shall be the close of business on the immediately preceding January 7 and July 7, respectively, whether or not a Business Day. Interest will be payable to the Holder of record on the Regular Record Date, provided, however, interest payable on the Stated Maturity will be paid to the person to whom the principal will be payable.
(e) If any Interest Payment Date or the Stated Maturity of the Notes is not a Business Day, then the related payment of interest or principal payable, as applicable, on such date will be paid on the next succeeding Business Day with the same force and effect as if made on such Interest Payment Date or Stated Maturity and no further interest will accrue as a result of such delay.
(f) The Notes will be issued in the form of one or more Global Securities, duly executed by the Company and authenticated by the Trustee as provid...
Amount; Series; Terms. (a) There is hereby created and designated one series of Notes under the Base Indenture: the title of the Notes shall be “3.200% Senior Notes Due 2029.” The changes, modifications and supplements to the Base Indenture effected by this Supplemental Indenture shall be applicable only with respect to, and govern the terms of, the Notes and shall not apply to any other series of Notes that may be issued under the Base Indenture unless a supplemental indenture with respect to such other series of Notes specifically incorporates such changes, modifications and supplements.
(b) The initial aggregate principal amount of Notes is $1,200,000,000. The Company shall be entitled to issue additional notes under this Supplemental Indenture (“Additional Notes”) that shall have identical terms as the Initial Notes, other than with respect to the date of issuance, issue price and amount of interest payable on the first interest payment date applicable thereto; provided that such issuance is not prohibited by the terms of the Indenture. Any such Additional Notes shall be consolidated and form a single series with the Initial Notes initially issued including for purposes of voting and redemption; provided that if such Additional Notes are not fungible with the Initial Notes for U.S. federal income tax purposes, such Additional Notes shall have one or more separate CUSIP numbers. With respect to any Additional Notes, the Company shall set forth in a Board Resolution of its Board of Directors and in an Officers’ Certificate, a copy of each of which shall be delivered to the Trustee, the following information: (i) the aggregate principal amount of such Additional Notes to be authenticated and delivered pursuant to this Supplemental Indenture; and (ii) the issue price, the issue date, the CUSIP number of such Additional Notes, the first interest payment date and the amount of interest payable on such first interest payment date applicable thereto and the date from which interest shall accrue.
(c) The Stated Maturity of the Notes shall be November 18, 2029. The Notes shall be payable and may be presented for payment, purchase, redemption, registration of transfer and exchange, without service charge, at the office of the Company maintained for such purpose in the United States, which shall initially be the office or agency of the Trustee in the United States.
(d) The Notes shall bear interest at the rate of 3.200% per annum from November 18, 2019, or from the most recent date to w...
Amount; Series; Terms. (a) There are hereby created and designated four series of Securities under the Base Indenture: the title of the 2024 Notes shall be “3.750% Senior Notes due 2024”, the title of the 2025 Notes shall be “3.625% Senior Notes Due 2025”, the title of the 2027 Notes shall be “3.300% Senior Notes due 2027” and the title of the 2029 Notes shall be “2.750% Senior Notes Due 2029”. The changes, modifications and supplements to the Base Indenture effected by this Supplemental Indenture shall be applicable only with respect to, and govern the terms of, the Notes of the applicable series and shall not apply to any other series of Securities that may be issued under the Base Indenture unless a supplemental indenture with respect to such other series of Securities specifically incorporates such changes, modifications and supplements.
(b) The aggregate principal amount of the 2024 Notes that initially may be authenticated and delivered under this Supplemental Indenture shall be limited to $400,000,000, the aggregate principal amount of 2025 Notes that initially may be authenticated and delivered under this Supplemental Indenture shall be limited to $500,000,000, the aggregate principal amount of 2027 Notes that initially may be authenticated and delivered under this Supplemental Indenture shall be limited to $800,000,000 and the aggregate principal amount of the 2029 Notes that initially may be authenticated and delivered under this Supplemental Indenture shall be limited to $500,000,000, each subject to increase as set forth in Section 3.04 of this Supplemental Indenture.
(c) The Stated Maturity of the 2024 Notes shall be April 1, 2024, the Stated Maturity of the 2025 Notes shall be April 1, 2025, the Stated Maturity of the 2027 Notes shall be April 1, 2027 and the Stated Maturity of the 2029 Notes shall be October 1, 2029. The Notes shall be payable and may be presented for payment, redemption, registration of transfer and exchange, without service charge, at the Corporate Trust Office.
(d) The 2024 Notes shall bear interest at the rate of 3.750% per annum from and including October 1, 2021, or from and including the most recent date to which interest has been paid or duly provided for, as further provided in the form of 2024 Notes annexed hereto as Exhibit A. The 2025 Notes shall bear interest at the rate of 3.625% per annum from and including October 1, 2021,or from and including the most recent date to which interest has been paid or duly provided for, as further pro...
Amount; Series; Terms. (a) There is hereby created and designated three series of Securities under the Base Indenture: the title of the 2016 Notes shall be “1.95% Senior Notes due 2016,” the title of the 2021 Notes shall be “
Amount; Series; Terms. The title of the Notes shall be "o% Senior Notes Due 2011." The aggregate principal amount of Notes that may be authenticated and delivered under this Supplemental Indenture shall be initially limited to $o, subject to increase as set forth in Section 305. The final Stated Maturity of the Notes shall be November o, 2011. The Notes shall bear interest at the rate of o% per annum, from o or from the most recent Interest Payment Date to which interest has been paid or duly provided for, as further provided in the form of Note annexed hereto as Exhibit A. The Interest Payment Dates on which such interest shall be payable shall be May o and November o of each year, and the Regular Record Dates for any interest payable on each such Interest Payment Date shall be the immediately preceding o and o, respectively. The principal of, and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for that purpose in the Borough of Manhattan, The City of New York, provided, however, that at the option of the Company payment of interest on any Notes may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register. The Notes will be redeemable at the option of the Company as provided in Article IV hereof. The Notes will not be entitled to the benefit of a sinking fund. The Notes will be issued in the form of one or more Global Securities, deposited with the Trustee as custodian for the Depositary or its nominee, duly executed by the Company and authenticated by the Trustee as provided in Section 303 and the Base Indenture.