Designation and Terms of Notes. (a) The Company hereby creates five series of notes, to be respectively designated the “0.697% Senior Notes due 2022”, “1.230% Senior Notes due 2025”, “1.832% Senior Notes due 2027”, “2.300% Senior Notes due 2030”, “3.268% Senior Notes due 2040” and “3.468% Senior Notes due 2050” pursuant to this Indenture. (b) The aggregate principal amount of Notes that may be authenticated and delivered under this Indenture is unlimited. The 2022 Notes shall be issued initially in an aggregate principal amount of $300,000,000, the 2025 Notes shall be issued initially in an aggregate principal amount of $1,000,000,000, the 2027 Notes shall be issued initially in an aggregate principal amount of $1,200,000,000, the 2030 Notes shall be issued initially in an aggregate principal amount of $1,500,000,000, the 2040 Notes shall be issued initially in an aggregate principal amount of $750,000,000 and the 2050 Notes shall be issued initially in an aggregate principal amount of $1,500,000,000. The Company may, from time to time, without the consent of the Holders and in accordance with this Indenture, create and issue additional Notes of any series ranking equally and ratably with, having the same terms and conditions as, the Notes of such series in all respects (other than the original issuance date, the issue price, and, under certain circumstances, the first payment of interest) (“Additional Notes”) so as to form a single series with such series of Notes, including for purposes of voting and redemptions, provided, however, that unless such Additional Notes are issued pursuant to a “qualified reopening” of the original Notes of the relevant series, are otherwise treated as part of the same “issue” of debt instruments as the original Notes of the relevant series or are issued with no more than a de minimis amount of original discount, in each case for United States federal income tax purposes, the Additional Notes will have a different CUSIP number than the original Notes. Any Additional Notes may be issued with the benefit of an Officers’ Certificate of the Company or an indenture supplemental hereto. (c) The 2022 Notes will mature on September 15, 2022 and will bear interest at the rate of 0.697% per annum. The 2025 Notes will mature on October 1, 2025 and will bear interest at the rate of 1.230% per annum. The 2027 Notes will mature on October 15, 2027 and will bear interest at the rate of 1.832% per annum. The 2030 Notes will mature on November 1, 2030 and will bear interest at the rate of 2.300% per annum. The 2040 Notes will mature on November 15, 2040 and will bear interest at the rate of 3.268% per annum. The 2050 Notes will mature on December 1, 2050 and will bear interest at the rate of 3.468% per annum. (d) Interest shall be calculated on the basis of a 360-day year comprised of twelve 30-day months. The Company will pay interest on the 2022 Notes semiannually in arrears on March 15 and September 15 of each year, beginning on March 15, 2021.The Company will pay interest on the 2025 Notes semiannually in arrears on April 1 and October 1 of each year, beginning on April 1, 2021. The Company will pay interest on the 2027 Notes semiannually in arrears on April 15 and October 15 of each year, beginning on April 15, 2021. The Company will pay interest on the 2030 Notes semiannually in arrears on May 1 and November 1 of each year, beginning on May 1, 2021. The Company will pay interest on the 2040 Notes semiannually in arrears on May 15 and November 15 of each year, beginning on May 15, 2021. The Company will pay interest on the 2050 Notes semiannually in arrears on June 1 and December 1 of each year, beginning on June 1, 2021. On each such date (an “Interest Payment Date”), the Company will pay interest to the holders of record (which initially shall be DTC) at the close of business on the Regular Record Date immediately preceding such Interest Payment Date and on the applicable maturity date. Interest on the Notes shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from the date of issuance. Payments of the principal of and interest on the Notes shall be made in U.S. Dollars, and the Notes shall be denominated in U.S. Dollars.
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Samples: Indenture (International Flavors & Fragrances Inc), Indenture (Nutrition & Biosciences, Inc.)
Designation and Terms of Notes. (a) The Company hereby creates five one series of notes, to be respectively securities designated the “0.6973.20% Senior Notes due 2022”, “1.230% Senior Notes due 2025”, “1.832% Senior Notes due 2027”, “2.300% Senior Notes due 2030”, “3.268% Senior Notes due 20402023” and “3.468% Senior Notes due 2050” issued pursuant to this Indenture.
(b) The aggregate principal amount of Notes that may be authenticated and delivered under this Indenture is unlimited. The 2022 Notes shall be issued initially in an aggregate principal amount of $300,000,000, the 2025 Notes shall be issued initially in an aggregate principal amount of $1,000,000,000, the 2027 Notes shall be issued initially in an aggregate principal amount of $1,200,000,000, the 2030 Notes shall be issued initially in an aggregate principal amount of $1,500,000,000, the 2040 Notes shall be issued initially in an aggregate principal amount of $750,000,000 and the 2050 Notes shall be issued initially in an aggregate principal amount of $1,500,000,000. The Company may, from time to time, without the consent of the Holders holders of the Notes and in accordance with this Indenture, create and issue additional Notes of any series ranking equally and ratably with, having the same terms and conditions as, the Notes of such series in all respects (other than the original issuance date, the issue price, price and, under certain circumstances, the first payment of interest) (“Additional Notes”) so as to form a single series with such series of the Notes, including for purposes of voting and redemptions, provided, however, provided that unless any such Additional further securities shall be fungible with the Notes are issued pursuant to a “qualified reopening” of the original Notes of the relevant series, are otherwise treated as part of the same “issue” of debt instruments as the original Notes of the relevant series or are issued with no more than a de minimis amount of original discount, in each case for United States U.S. federal income tax purposes, the Additional Notes will have a different CUSIP number than the original Notes. Any Additional Notes may be issued with the benefit of an Officers’ Certificate of the Company or an indenture supplemental heretoto this Indenture.
(c) The 2022 Notes will mature on September 15May 1, 2022 2023 (the “Maturity Date”) and will bear interest at the rate of 0.6973.20% per annum. The 2025 Notes will mature on October 1, 2025 and will bear interest at the rate of 1.230% per annum. The 2027 Notes will mature on October 15, 2027 and will bear interest at the rate of 1.832% per annum. The 2030 Notes will mature on November 1, 2030 and will bear interest at the rate of 2.300% per annum. The 2040 Notes will mature on November 15, 2040 and will bear interest at the rate of 3.268% per annum. The 2050 Notes will mature on December 1, 2050 and will bear interest at the rate of 3.468% per annum.
(d) Interest shall be calculated on the basis of a 360-day year comprised of twelve 30-day months. The Company will pay interest on the 2022 Notes semiannually in arrears on March 15 and September 15 of each year, beginning on March 15, 2021.The Company will pay interest on the 2025 Notes semiannually in arrears on April 1 and October 1 of each year, beginning on April 1, 2021. The Company will pay interest on the 2027 Notes semiannually in arrears on April 15 and October 15 of each year, beginning on April 15, 2021. The Company will pay interest on the 2030 Notes semiannually semi-annually in arrears on May 1 and November 1 of each year, beginning on May 1, 2021. The Company will pay interest on the 2040 Notes semiannually in arrears on May 15 and November 15 of each year, beginning on May 15, 2021. The Company will pay interest on the 2050 Notes semiannually in arrears on June 1 and December 1 of each year, beginning on June 1, 2021. On year (each such date (date, an “Interest Payment Date”), the Company will pay interest beginning on April 4, 2013, to the holders of record (which initially shall be DTC) at the close of business on the Regular Record Date April 15 or October 15 (whether or not that date is a Business Day), as the case may be, immediately preceding such Interest Payment Date (each such date, a “Regular Record Date”) and on the applicable maturity dateMaturity Date. Interest on the Notes shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from the date of issuance. Payments of the principal of and interest on the Notes shall be made in U.S. Dollars, and the Notes shall be denominated in U.S. Dollars.
(d) Prior to the initial issuance of the Notes, there shall be established in or pursuant to a Board Resolution of the Company, and set forth in an Officers’ Certificate of the Company the terms of the Notes.
Appears in 1 contract
Designation and Terms of Notes. (a) The Company There is hereby creates five created and designated a series of notes, to Securities under the Base Indenture. The title of the Notes shall be respectively designated the “0.6977.5% Convertible Senior Notes due Due 2022”.” The changes, “1.230% Senior 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 due 2025”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, “1.832% Senior Notes due 2027”, “2.300% Senior Notes due 2030”, “3.268% Senior Notes due 2040” modifications and “3.468% Senior Notes due 2050” pursuant to this Indenture.
(b) supplements. The aggregate principal amount of the Notes that initially may be authenticated and delivered under this Supplemental Indenture is unlimited. The 2022 Notes shall be issued initially in an aggregate principal amount of $300,000,000, (the 2025 Notes shall be issued initially in an aggregate principal amount of $1,000,000,000, the 2027 Notes shall be issued initially in an aggregate principal amount of $1,200,000,000, the 2030 Notes shall be issued initially in an aggregate principal amount of $1,500,000,000, the 2040 Notes shall be issued initially in an aggregate principal amount of $750,000,000 and the 2050 Notes shall be issued initially in an aggregate principal amount of $1,500,000,000. The Company may, from time to time, without the consent of the Holders and in accordance with this Indenture, create and issue additional Notes of any series ranking equally and ratably with, having the same terms and conditions as, the Notes of such series in all respects (other than the original issuance date, the issue price, and, under certain circumstances, the first payment of interest) (“Additional Initial Notes”) so shall be limited to $45,000,000, subject to increase as to form a single series with such series of Notes, including for purposes of voting and redemptions, provided, however, that unless such Additional set forth in Section 10.02(g). The Notes are issued pursuant to a “qualified reopening” of the original Notes of the relevant series, are otherwise treated as part of the same “issue” of debt instruments as the original Notes of the relevant series or are issued with no more than a de minimis amount of original discount, in each case for United States federal income tax purposes, the Additional Notes will have a different CUSIP number than the original Notes. Any Additional Notes may be issued with the benefit of an Officers’ Certificate of the Company or an indenture supplemental hereto.
(c) The 2022 Notes will shall mature on September 15July 1, 2022 and will 2022. The Notes shall bear interest at the rate of 0.6977.5% per annum. The 2025 Notes will mature , from July 5, 2012 or from the most recent Interest Payment Date to which interest has been paid or duly provided for, as the case may be, semi-annually in arrears, on October January 1 and July 1 of each year, commencing on January 1, 2025 and 2013. Interest (including Additional Interest, if any) will bear interest at the rate of 1.230% per annum. The 2027 Notes will mature on October 15, 2027 and will bear interest at the rate of 1.832% per annum. The 2030 Notes will mature on November 1, 2030 and will bear interest at the rate of 2.300% per annum. The 2040 Notes will mature on November 15, 2040 and will bear interest at the rate of 3.268% per annum. The 2050 Notes will mature on December 1, 2050 and will bear interest at the rate of 3.468% per annum.
(d) Interest shall be calculated computed on the basis of a 360-day year comprised of twelve 30-day months. The Company will pay interest on the 2022 Notes semiannually in arrears on March 15 and September 15 of each year, beginning on March 15, 2021.The Company will pay interest on the 2025 Notes semiannually in arrears on April 1 and October 1 of each year, beginning on April 1, 2021. The Company will pay interest on the 2027 Notes semiannually in arrears on April 15 and October 15 of each year, beginning on April 15, 2021. The Company will pay interest on the 2030 Notes semiannually in arrears on May 1 and November 1 of each year, beginning on May 1, 2021. The Company will pay interest on the 2040 Notes semiannually in arrears on May 15 and November 15 of each year, beginning on May 15, 2021. The Company will pay interest on the 2050 Notes semiannually in arrears on June 1 and December 1 of each year, beginning on June 1, 2021. On each such date (If an “Interest Payment Date”), the Company will pay interest to the holders of record (which initially shall be DTC) at the close of business on the Regular Record Date immediately preceding such Interest Payment Date and is not a Business Day, payment will be made on the applicable maturity datenext succeeding Business Day and no additional interest will accrue thereon. Interest on Pursuant to Section 7.02(b), in certain circumstances, the Notes shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from the date Holders of issuance. Payments of the principal of and interest on the Notes shall be made in U.S. Dollarsentitled to receive Additional Interest. Interest (including Additional Interest, if any) will cease to accrue on a Note upon the Maturity Date, conversion, redemption or repurchase by the Company at the option of the Holder pursuant to Article 4. Principal and the interest (including Additional Interest, if any) on Global Notes shall be denominated payable in U.S. Dollarsthe manner set forth in Section 3.01. The Notes shall be convertible as provided in Article 5.
Appears in 1 contract
Designation and Terms of Notes. (a) The Company There is hereby creates five created and designated a series of notes, to Securities under the Base Indenture. The title of the Notes shall be respectively designated the “0.6974.00% Convertible Senior Notes due 2022”Due 2016.” The changes, “1.230% Senior 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 due 2025”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, “1.832% Senior Notes due 2027”, “2.300% Senior Notes due 2030”, “3.268% Senior Notes due 2040” modifications and “3.468% Senior Notes due 2050” pursuant to this Indenture.
(b) supplements. The aggregate principal amount of the Notes that initially may be authenticated and delivered under this Supplemental Indenture is unlimited. The 2022 Notes shall be issued initially in an aggregate principal amount of $300,000,000, (the 2025 Notes shall be issued initially in an aggregate principal amount of $1,000,000,000, the 2027 Notes shall be issued initially in an aggregate principal amount of $1,200,000,000, the 2030 Notes shall be issued initially in an aggregate principal amount of $1,500,000,000, the 2040 Notes shall be issued initially in an aggregate principal amount of $750,000,000 and the 2050 Notes shall be issued initially in an aggregate principal amount of $1,500,000,000. The Company may, from time to time, without the consent of the Holders and in accordance with this Indenture, create and issue additional Notes of any series ranking equally and ratably with, having the same terms and conditions as, the Notes of such series in all respects (other than the original issuance date, the issue price, and, under certain circumstances, the first payment of interest) (“Additional Initial Notes”) so shall be limited to $230,000,000, subject to increase as to form a single series with such series of Notes, including for purposes of voting and redemptions, provided, however, that unless such Additional set forth in Section 10.02(g). The Notes are issued pursuant to a “qualified reopening” of the original Notes of the relevant series, are otherwise treated as part of the same “issue” of debt instruments as the original Notes of the relevant series or are issued with no more than a de minimis amount of original discount, in each case for United States federal income tax purposes, the Additional Notes will have a different CUSIP number than the original Notes. Any Additional Notes may be issued with the benefit of an Officers’ Certificate of the Company or an indenture supplemental hereto.
(c) The 2022 Notes will shall mature on September August 15, 2022 and will 2016. The Notes shall bear interest at the rate of 0.6974.00% per annum. The 2025 Notes will mature , from August 12, 2009 or from the most recent Interest Payment Date to which interest has been paid or duly provided for, as the case may be, semi-annually in arrears, on October 1February 15 and August 15 of each year, 2025 and will bear interest at the rate of 1.230% per annum. The 2027 Notes will mature commencing on October February 15, 2027 and 2010. Interest (including Additional Interest, if any) will bear interest at the rate of 1.832% per annum. The 2030 Notes will mature on November 1, 2030 and will bear interest at the rate of 2.300% per annum. The 2040 Notes will mature on November 15, 2040 and will bear interest at the rate of 3.268% per annum. The 2050 Notes will mature on December 1, 2050 and will bear interest at the rate of 3.468% per annum.
(d) Interest shall be calculated computed on the basis of a 360-day year comprised of twelve 30-day months. The Company will pay interest on the 2022 Notes semiannually in arrears on March 15 and September 15 of each year, beginning on March 15, 2021.The Company will pay interest on the 2025 Notes semiannually in arrears on April 1 and October 1 of each year, beginning on April 1, 2021. The Company will pay interest on the 2027 Notes semiannually in arrears on April 15 and October 15 of each year, beginning on April 15, 2021. The Company will pay interest on the 2030 Notes semiannually in arrears on May 1 and November 1 of each year, beginning on May 1, 2021. The Company will pay interest on the 2040 Notes semiannually in arrears on May 15 and November 15 of each year, beginning on May 15, 2021. The Company will pay interest on the 2050 Notes semiannually in arrears on June 1 and December 1 of each year, beginning on June 1, 2021. On each such date (If an “Interest Payment Date”), the Company will pay interest to the holders of record (which initially shall be DTC) at the close of business on the Regular Record Date immediately preceding such Interest Payment Date and is not a Business Day, payment will be made on the applicable maturity datenext succeeding Business Day and no additional interest will accrue thereon. Interest on Pursuant to Section 7.02, in certain circumstances, the Notes shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from the date Holders of issuance. Payments of the principal of and interest on the Notes shall be made in U.S. Dollarsentitled to receive Additional Interest. Interest (including Additional Interest, if any) will cease to accrue on a Note upon the Maturity Date, conversion, redemption or repurchase by the Company at the option of the Holder pursuant to Article 4. Principal and the interest (including Additional Interest, if any) on Global Notes shall be denominated payable in U.S. Dollarsthe manner set forth in Section 3.01. The Notes shall be convertible as provided in Article 5.
Appears in 1 contract
Samples: First Supplemental Indenture (Onyx Pharmaceuticals Inc)