Senior Deferrable Notes Issuer definition

Senior Deferrable Notes Issuer means Valero Energy Corporation, a Delaware corporation, or any successor entity in a merger, consolidation, conversion, amalgamation or replacement by or conveyance, transfer or lease of its properties substantially as an entirety, in its capacity as issuer of the Senior Deferrable Notes under the Indenture.
Senior Deferrable Notes Issuer means UtiliCorp United Inc., a Delaware corporation, in its capacity as issuer of the Senior Deferrable Notes under the Indenture.