2026 Notes. Pursuant to Section 2.01 of the Base Indenture, the terms and provisions of the 2026 Notes are as follows:
(a) The title of the 2026 Notes shall be “4.900% First Lien Notes due 2026.”
(b) The 2026 Notes shall be initially limited to $1,750,000,000 aggregate principal amount. Subject to compliance with Section 4.12 of the Base Indenture, the Issuers may, without the consent of the Holders of the 2026 Notes, increase such aggregate principal amount in the future, on the same terms and conditions, except for any differences in the issue date, issue price and, if applicable, the first Interest Payment Date and the first date from which interest will accrue. The 2026 Notes issued originally hereunder and any additional Notes of such series subsequently issued, shall be treated as a single class for purposes of the Indenture, including waivers, amendments, redemptions and offers to purchase; provided that if any such additional Notes are not fungible with the Initial Notes of such series for U.S. federal income tax purposes, such additional Notes of such series will have a separate CUSIP number and ISIN number from the Initial Notes of such series.
(c) The price at which the 2026 Notes shall be issued to the public is 99.743%.
(d) The Stated Maturity for the 2026 Notes shall be on October 1, 2026. The 2026 Notes shall not require any principal or premium payments prior to the Stated Maturity.
(e) The rate at which the 2026 Notes shall bear interest shall be 4.900% per annum (the “Original Interest Rate”), as set forth in Section 1 of the form of 2026 Note attached hereto as Exhibit A, subject to adjustment pursuant to this clause (e) and in Section 2 of the form of 2026 Note attached hereto as Exhibit A. Interest on the 2026 Notes shall accrue from the most recent date to which interest has been paid, or, if no interest has been paid, from March 20, 2019; provided that the first Interest Payment Date shall be October 1, 2019. Each April 1 and October 1 in each year, commencing October 1, 2019, shall be an Interest Payment Date for the 2026 Notes. The March 15 or September 15 (whether or not a Business Day), as the case may be, immediately preceding an Interest Payment Date shall be the Record Date for the interest payable on such Interest Payment Date, even if such 2026 Notes are canceled after such record date and on or before such Interest Payment Date, except as provided in Section 2.12 of the Base Indenture with respect to defaulted interest. If an Interest ...
2026 Notes. Interest on the 2026 Notes shall be computed on the basis of the actual number of days in the period for which interest is being calculated and the actual number of days from and including the last date on which interest was paid on the Notes (or from September 22, 2020, if no interest has been paid on the 2026 Notes), to but excluding the next scheduled interest payment date. This payment convention is referred to as ACTUAL/ACTUAL (ICMA) as defined in the rulebook of the International Capital Market Association.
2026 Notes. The purchase price of the 2026 Notes is equal to 99.007% of the principal amount of the 2026 Notes, plus accrued interest, if any, from September 22, 2020.
2026 Notes. SECTION 101.
2026 Notes. Unless an earlier redemption has occurred, the entire principal amount of the 2026 Notes shall mature and be due and payable, together with any accrued interest thereon, on September 24, 2026.
2026 Notes. Interest on the 2026 Notes shall accrue at the rate of 1.250% per annum, from September 24, 2021 or the most recent interest payment date on which interest was paid. Interest on the 2026 Notes shall be payable semi-annually in arrears on March 24 and September 24 of each year, beginning on March 24, 2022, to Holders in whose names the 2026 Notes are registered at the close of business on the preceding March 9 and September 9 before the applicable interest payment date; provided that if any such interest payment date (other than September 24, 2026 or any earlier repayment date) is not a Business Day, the interest payment date shall be postponed to the next succeeding Business Day, and no interest shall accrue as a result of such delayed payment on amounts payable from and after such interest payment date to the next succeeding Business Day. If September 24, 2026 or any earlier repayment date of the 2026 Notes falls on a day that is not a Business Day, the payment of principal or interest otherwise payable on such date shall be postponed to the next succeeding Business Day, and no interest on such payment shall accrue from and after September 24, 2026 or any earlier repayment date, as applicable.
2026 Notes. (i) Prior to August 24, 2026, the Company may redeem the 2026 Notes in whole or in part, at its option, at a redemption price equal to 100% of their principal amount plus a “make-whole” premium, as well as accrued and unpaid interest to, but not including, the date of redemption and (ii) on or after August 24, 2026 (the date that is one month prior to the scheduled maturity date for the 2026 Notes), the Company may redeem the 2026 Notes in whole or in part, at its option, at a redemption price equal to 100% of their principal amount, plus accrued and unpaid interest to, but not including, the date of redemption, as set forth in the Global Notes representing the 2026 Notes attached hereto as Exhibit B. The Trustee shall not be responsible for calculating any “make-whole” premium.
2026 Notes. At any time prior to November 15, 2023 (the “2026 Notes Par Call Date”), the Company may, at its option, redeem the 2026 Notes, in whole or in part, at a redemption price equal to the applicable Make-Whole Redemption Price, plus accrued and unpaid interest, if any, thereon to, but excluding, the applicable redemption date, subject to the rights of Holders of record on relevant record dates to receive interest due on an Interest Payment Date. At any time on or after the 2026 Notes Par Call Date, the Company may, at its option, redeem the 2026 Notes, in whole or in part, at a redemption price equal to 100% of the principal amount of the 2026 Notes being redeemed, plus accrued and unpaid interest, if any, thereon to, but excluding, the applicable redemption date, subject to the rights of Holders of record on relevant record dates to receive interest due on an Interest Payment Date.
2026 Notes. Interest on the 2026 Notes will be payable in Dollars semi-annually in arrears on March 15 and September 15 of each year, commencing on March 15, 2019 (each a “2026 Notes Interest Payment Date”). Interest on the 2026 Notes shall accrue (computed on the basis of a 360-day year comprised of twelve 30-day months) from the most recent date to which interest has been paid or, if no interest has been paid, from and including December 3, 2018. The Issuer will pay interest on the 2026 Notes on the applicable 2026 Notes Interest Payment Date to the Persons who are registered Holders of the 2026 Notes at the close of business on March 1 and September 1 (whether or not any such date is a Business Day) immediately preceding the relevant 2026 Notes Interest Payment Date. The interest rate on the 2026 Notes will in no event be higher than the maximum rate permitted by New York law as the same may be modified by United States law of general application.
2026 Notes. At any time before January 15, 2026 (the “2026 Par Call Date”), the Issuer may redeem the 2026 Notes in whole or in part at a Redemption Price equal to the greater of:
(i) 100% of the principal amount of the 2026 Notes being redeemed; and
(ii) the sum of the present values of the remaining scheduled payments of principal and interest in respect of the 2026 Notes being redeemed that would be due if the 2026 Notes being redeemed matured on the 2026 Par Call Date (exclusive of interest accrued to the Redemption Date and assuming that the maturity date for the 2026 Notes and the last Interest Payment Date in respect thereof is January 15, 2026) discounted to the Redemption Date on a semi-annual basis (assuming 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 30 basis points; plus, in each case, accrued and unpaid interest to, but not including, the Redemption Date. At any time on or after the 2026 Par Call Date, the Issuer may redeem the 2026 Notes in whole or in part at a Redemption Price equal to 100% of the principal amount of the 2026 Notes being redeemed, plus accrued and unpaid interest to, but not including, the Redemption Date.
