Commercial Paper Program. We have a commercial paper program under which we may issue (and have outstanding at any time) up to $3.0 billion in the aggregate of privately placed, unsecured commercial paper notes. Such notes are backstopped by our senior unsecured revolving credit facility and our senior secured hedged inventory facility; as such, any borrowings under our commercial paper program reduce the available capacity under these facilities.
Appears in 4 contracts
Samples: Share Purchase Agreement, Exhibits and Financial Statement Schedules, Share Purchase Agreement
Commercial Paper Program. We have a commercial paper program under which we may issue (and have outstanding at any time) up to $3.0 2.7 billion in the aggregate of privately placed, unsecured commercial paper notes. Such notes are backstopped by our senior unsecured revolving credit facility and our senior secured hedged inventory facility; as such, any borrowings under our commercial paper program reduce the available capacity under these facilities.
Appears in 1 contract
Samples: Simplification Agreement
