Common use of Designation and Principal Amount; Series Treatment Clause in Contracts

Designation and Principal Amount; Series Treatment. The Company hereby establishes a series of Securities designated the “4.350% Senior Notes due 2031” for issuance under the Indenture. The Notes may be authenticated and delivered under the Indenture in an unlimited aggregate principal amount. The Notes issued on the date hereof pursuant to the terms of the Indenture shall be in an aggregate principal amount of $750,000,000. The Notes are unsecured and shall rank equally with the Company’s other unsecured and unsubordinated indebtedness.

Appears in 1 contract

Sources: Supplemental Indenture (Ferguson Enterprises Inc. /DE/)

Designation and Principal Amount; Series Treatment. The Company hereby establishes a series of Securities designated the “4.3505.000% Senior Notes due 20312034” for issuance under the Indenture. The Notes may be authenticated and delivered under the Indenture in an unlimited aggregate principal amount. The Notes issued on the date hereof pursuant to the terms of the Indenture shall be in an aggregate principal amount of $750,000,000. The Notes are unsecured and shall rank equally with the Company’s other unsecured and unsubordinated indebtedness.

Appears in 1 contract

Sources: First Supplemental Indenture (Ferguson Enterprises Inc. /DE/)