2050 Senior Notes definition
Examples of 2050 Senior Notes in a sentence
The 2050 Senior Notes are general unsecured obligations of the Issuer.
Security Offered: 2.050% Senior Notes due 2021 (the “2021 Notes”) Issuer: United Parcel Service, Inc.
Subject to certain limitations, Holders of a majority in principal amount of the 2050 Senior Notes then outstanding may direct the Trustee in its exercise of any trust or power.
Upon the occurrence of any Change of Control Repurchase Event, each Holder shall have the right to require the repurchase of its 2050 Senior Notes by the Issuer in cash pursuant to the offer described in the Indenture at a purchase price equal to 101% of the principal amount thereof on the date of repurchase plus accrued interest, if any, to, but excluding, the date of repurchase.
The Issuer issued the 2050 Senior Notes under an Indenture dated as of December 9, 2015 (as supplemented by the Eleventh Supplemental Indenture dated as of April 22, 2020, the “Indenture”), among the Issuer, the guarantors party thereto and U.S. Bank National Association, as trustee (in such capacity, the “Trustee”).
This Note is one of a series of 2.050% Senior Notes due 2031 (herein called the “Notes”) issued pursuant to the Ninth Supplemental Indenture, dated as of October 2, 2020 (as from time to time supplemented or amended, the “Ninth Supplemental Indenture”), and the related Indenture dated as of May 15, 2001 (as from time to time supplemented or amended, and as amended by the Ninth Supplemental Indenture, the “Indenture”), each between the Company and the Trustee, and is entitled to the benefits thereof.
Name: Title: Name: Title: This is one of the 2.050% Senior Notes due 2014 issued by Thermo ▇▇▇▇▇▇ Scientific Inc.
Also, it need not register the transfer or exchange of any 2050 Senior Notes for a period of 15 days before a selection of 2050 Senior Notes to be redeemed is made.
On or after the Par Call Date, the 2050 Senior Notes will be redeemable in whole or in part at any time and from time to time, at the Issuer’s option, at a Redemption Price equal to 100% of the principal amount of the 2050 Senior Notes to be redeemed plus accrued interest thereon to but excluding the Redemption Date.
When a successor person or other entity assumes all the obligations of its predecessor under the 2050 Senior Notes and the Indenture in accordance with the terms of the Indenture, the predecessor person will be released from those obligations.