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) The Second Supplemental Indenture has previously created and designated a series of Securities under the Base Indenture titled the “4.500% Senior Notes due 2024.” The Initial Reopened Notes shall be consolidated, form a single series and be fully fungible with such 4.500% Senior Notes due 2024. The Initial Reopened Notes shall also constitute Additional Notes with respect to the Initial 2024 Notes issued under the Second Supplemental Indenture. Unless otherwise specified herein, the provisions of the Second Supplemental Indenture applicable to 2024 Notes issued thereunder shall apply to the 2024 Notes issued under this Supplemental Indenture. 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 2024 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 2024 Notes that initially may be authenticated and delivered under this Supplemental Indenture (the “Initial Reopened Notes”) shall be limited to $150,000,000, subject, in each case, to increase as set forth in Section 3.04 of the Second Supplemental Indenture.
(c) The Stated Maturity of the 2024 Notes shall be March 15, 2024. The 2024 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 New York, New York, which shall initially be the office or agency of the Trustee.
(d) The 2024 Notes shall bear interest at the rate of 4.500% per annum from the most recent date to which interest has been paid or duly provided for, as further provided in the Form of Note. Interest shall be computed on the basis of a 360-day year composed of twelve 30-day months. The Interest Payment Dates for the 2024 Notes shall be March 15 and September 15 of each year, beginning on March 15, 2016, and the Regular Record Date for any interest payable on each such Interest Payment Date shall be the immediately preceding March 1 and September 1, respectively. If any Interest Payment Date, Stated Maturity or other payment date with respect to the 2024 Notes is not a Business Day, the required payment of principal, premium, if any, or in...
Amount; Series; Terms. (a) There is hereby created and designated four separate series of Initial Notes under the Base Indenture: (1) the “5.125% Senior Notes due 2029”, (2) the “5.375% Senior Notes due 2031”, (3) the “5.500% Senior Notes due 2034” and (4) the “5.950% Senior Notes due 2054.” The changes, modifications and supplements to the Base Indenture effected by this First Supplemental Indenture shall be applicable only with respect to, and govern the terms of, each series of Notes, as applicable, 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 aggregate principal amount of 2029 Notes that initially may be authenticated and delivered under this First Supplemental Indenture (the “Initial 2029 Notes”) shall be limited to $1,000,000,000, subject to increase as set forth in Section 3.03 of this First Supplemental Indenture. The aggregate principal amount of 2031 Notes that initially may be authenticated and delivered under this First Supplemental Indenture (the “Initial 2031 Notes”) shall be limited to $1,000,000,000, subject to increase as set forth in Section 3.03 of this First Supplemental Indenture. The aggregate principal amount of 2034 Notes that initially may be authenticated and delivered under this First Supplemental Indenture (the “Initial 2034 Notes”) shall be limited to $1,000,000,000, subject to increase as set forth in Section 3.03 of this First Supplemental Indenture. The aggregate principal amount of 2054 Notes that initially may be authenticated and delivered under this First Supplemental Indenture (the “Initial 2054 Notes” and, cumulatively with the Initial 2029 Notes, the Initial 2034 Notes and the Initial 2054 Notes, the “Initial Notes”) shall be limited to $550,000,000, subject to increase as set forth in Section 3.03 of this First Supplemental Indenture.
(c) The Stated Maturity of the 2029 Notes shall be December 1, 2029. The Stated Maturity of the 2031 Notes shall be December 1, 2031. The Stated Maturity of the 2034 Notes shall be December 1, 2034. The Stated Maturity of the 2054 Notes shall be December 1, 2054. The Notes shall be payable and may be presented for payment, purchase, redemption, registration of transfer and exchange, without service charge (subject to Section 305 of the Base Indenture), at the office or agency of the Company maintained for such ...
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.
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 “