Examples of Series CC Notes in a sentence
Current maturities of long-term debt 1,062 847 215 25 % Includes the $300 million, 4.5% Series CC Notes becoming current (maturing March 2012) and a $657 million increase in commercial paper, net of repayment of matured U.S. dollar Notes on June 1 (December 31 balance of $736 million).
Current maturities of long-term debt 1,284 847 437 52 % Includes the $300 million, 4.5% Series CC Notes becoming current with a March 2012 maturity date and a $878 million increase in issued commercial paper, net of repayment of matured U.S. dollar Notes on June 1 (December 31 balance of $736 million).
Current maturities of long-term debt 1,277 847 430 51 % The increase includes $300 million, 4.5% Series CC Notes becoming current with a March 2012 maturity date and a $150 million increase in issued commercial paper, partly offset by a decrease in the Canadian dollar value of U.S. dollar Notes maturing June 1, 2011.
The Company initially appoints the Trustee to act as the Security Registrar and Paying Agent for the Series CC Notes.
The Series CC Notes and the Trustee’s certificate of authentication shall be substantially in the form of Exhibit A attached hereto.
If a change of control repurchase event occurs, the issuer will be required, subject to certain conditions, to make an offer to repurchase the Series CC Notes at a price equal to 101% of the principal amount of the Series CC Notes, plus accrued and unpaid interest to the date of repurchase.
The Series CC Notes shall bear interest at 3.700% per annum and such interest shall be payable at the times provided in the form of such Securities attached hereto as Exhibit A.
The designations of the Securities shall be the “3.600% Series CC Notes due 2024” (the “ Series CC Fixed Rate Notes”) (CUSIP number 571900 BB4).
The aggregate principal amount of the Series CC Notes outstanding at any time may not exceed $500,000,000 plus such additional principal amounts as may be issued and authenticated pursuant to clause (B) of the preceding sentence of this paragraph.
The Depositary for any Global Securities of the series of which the Series CC Notes are a part shall be The Depository Trust Company, New York, New York.