INDENTURE AND RANKING Clause Samples

The "Indenture and Ranking" clause defines the legal framework governing a debt instrument and establishes the priority of claims among creditors. It specifies that the terms of the debt are set out in a formal indenture agreement, and clarifies where the debt ranks relative to other obligations, such as whether it is senior, subordinated, or pari passu with other debts. This clause is essential for informing investors and other stakeholders about the order in which they will be repaid in the event of liquidation or bankruptcy, thereby allocating risk and ensuring transparency regarding creditor rights.
INDENTURE AND RANKING. The Notes will be issued under an indenture, dated as of May 15, 2013, between AT&T and The Bank of New York Mellon Trust Company, N.A., as trustee. The Notes will be AT&T’s unsecured and unsubordinated obligations and will rank pari passu with all other indebtedness issued under the indenture.
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INDENTURE AND RANKING. The Notes will be issued under an indenture, dated as of November 1, 1994, between AT&T Inc. and The Bank of New York Mellon, as trustee. The Notes will be AT&T Inc.’s unsecured and unsubordinated obligations and will rank pari passu with all other indebtedness issued under the indenture. OPTIONAL REDEMPTION: At any time prior to September 17, 2032, in whole or from time to time in part, at a make-whole call equal to the greater of (i) 100% of the principal amount of the Notes to be redeemed or (ii) the sum of the present values of the remaining scheduled payments of principal and interest discounted to the redemption date, on an annual basis (actual/actual (ICMA)), at a rate equal to the sum of the Treasury Rate plus 25 basis points for the Notes. At any time on or after September 17, 2032, in whole or in part, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed. TAX GROSS UP: Comparable to prior AT&T transactions. See Annex I. TAX CALL: Comparable to prior AT&T transactions. See Annex I. ISIN: XS0866310088 LISTING: AT&T Inc. intends to apply to list the Notes on the New York Stock Exchange. FORM/CLEARING SYSTEMS: Registered form only (not bearer). There will be a Global Note deposited with a common depositary for Euroclear and Clearstream. STABILIZATION: FSA DAY COUNT FRACTION: Actual/Actual (ICMA), following, unadjusted RATINGS: [Insert Ratings] JOINT BOOKRUNNERS: Barclays Bank PLC; ▇▇▇▇▇▇▇ ▇▇▇▇▇ International ALLOCATION: Barclays Bank PLC € 500,000,000 ▇▇▇▇▇▇▇ ▇▇▇▇▇ International € 500,000,000 Total € 1,000,000,000 REFERENCE DOCUMENT: Prospectus Supplement, dated December 11, 2012; Prospectus, dated March 18, 2010. THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) WITH THE SEC FOR THE OFFERING TO WHICH THIS COMMUNICATION RELATES. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS IN THAT REGISTRATION STATEMENT AND OTHER DOCUMENTS THE ISSUER HAS FILED WITH THE SEC FOR MORE COMPLETE INFORMATION ABOUT THE ISSUER AND THIS OFFERING. YOU MAY GET THESE DOCUMENTS FOR FREE BY VISITING ▇▇▇▇▇ ON THE SEC WEB SITE AT ▇▇▇.▇▇▇.▇▇▇. ALTERNATIVELY, THE ISSUER, ANY UNDERWRITER OR ANY DEALER PARTICIPATING IN THE OFFERING WILL ARRANGE TO SEND YOU THE PROSPECTUS IF YOU REQUEST IT BY CALLING BARCLAYS BANK PLC AT ▇-▇▇▇-▇▇▇-▇▇▇▇ (toll free) OR ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ (email) OR ▇▇▇▇▇▇▇ ▇▇▇▇▇ INTERNATIONAL AT 1-800-294-1322 (toll free) OR ▇▇.▇▇▇▇▇▇▇▇▇▇_▇▇▇▇▇▇▇▇@▇▇▇▇.▇▇▇ (e-mail). ANY DISCLAIMERS OR OTHER NOTICES...
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INDENTURE AND RANKING. The Notes will be issued under an indenture, dated as of May 15, 2013, between AT&T and The Bank of New York Mellon Trust Company, N.A., as trustee. The Notes will be AT&T’s unsecured and unsubordinated obligations and will rank pari passu with all other indebtedness issued under the indenture. RATINGS: [INSERT RATINGS] JOINT BOOKRUNNING MANAGERS AND STRUCTURING AGENTS: BNP Paribas, Taipei Branch and Deutsche Bank AG, Taipei Branch STRUCTURING AGENT: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co. LLC JUNIOR STRUCTURING AGENT: EA Markets Securities LLC STRUCTURING AGENTS’ FEE: $9,295,000 ISIN NUMBER: XS1572325683 LISTING: The Notes will be listed on the Taipei Exchange (the “TPEx”).
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INDENTURE AND RANKING. The Notes will be issued under an indenture, dated as of November 1, 1994, between AT&T Inc. and The Bank of New York Mellon, as trustee. The Notes will be AT&T Inc.’s unsecured and unsubordinated obligations and will rank pari passu with all other indebtedness issued under the indenture. OPTIONAL REDEMPTION: 2023 Notes: At any time prior to December 15, 2022, in whole or from time to time in part, at a make-whole call equal to the greater of (i) 100% of the principal amount of the 2023 Notes to be redeemed or (ii) the sum of the present values of the remaining scheduled payments of principal and interest discounted to the redemption date, on an annual basis (actual/actual (ICMA)), at a rate equal to the sum of the Treasury Rate plus 15 basis points for the 2023 Notes. At any time on or after December 15, 2022, in whole or in part, at a redemption price equal to 100% of the principal amount of the 2023 Notes to be redeemed. 2032 Notes: At any time prior to September 17, 2032, in whole or from time to time in part, at a make-whole call equal to the greater of (i) 100% of the principal amount of the 2032 Notes to be redeemed or (ii) the sum of the present values of the remaining scheduled payments of principal and interest discounted to the redemption date, on an annual basis (actual/actual (ICMA)), at a rate equal to the sum of the Treasury Rate plus 25 basis points for the 2032 Notes. At any time on or after September 17, 2032, in whole or in part, at a redemption price equal to 100% of the principal amount of the 2032 Notes to be redeemed. TAX GROSS UP: Comparable to prior AT&T transactions. See Annex I. TAX CALL: Comparable to prior AT&T transactions. See Annex I. ISIN: 2023 Notes: XS0903433513 2032 Notes: XS0866310088 LISTING: AT&T Inc. intends to apply to list the Notes on the New York Stock Exchange. FORM/CLEARING SYSTEMS: Registered form only (not bearer). There will be a Global Note deposited with a common depositary for Euroclear and Clearstream. STABILIZATION: FSA DAY COUNT FRACTION: Actual/Actual (ICMA), following, unadjusted RATINGS: [Insert Ratings] JOINT BOOKRUNNERS: BNP Paribas; Credit Suisse Securities (Europe) Limited; UBS Limited ALLOCATION: BNP Paribas € 416,666,666 € 133,333,333 Credit Suisse Securities (Europe) Limited 416,666,668 133,333,334 UBS Limited 416,666,666 133,333,333 Total € 1,250,000,000 € 400,000,000 REFERENCE DOCUMENT: Prospectus Supplement, dated March 6, 2013; Prospectus, dated March 18, 2010. THE ISSUER HAS FILED A REGI...
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Related to INDENTURE AND RANKING

  • Indenture and Securities The Indenture shall have been duly executed and delivered by a duly authorized officer of the Company and the Trustee, and the Securities shall have been duly executed and delivered by a duly authorized officer of the Company and duly authenticated by the Trustee.

  • Indenture and Notes Solely Corporate Obligations No recourse for the payment of the principal of or accrued and unpaid interest on any Note, nor for any claim based thereon or otherwise in respect thereof, and no recourse under or upon any obligation, covenant or agreement of the Company in this Indenture or in any supplemental indenture or in any Note, nor because of the creation of any indebtedness represented thereby, shall be had against any incorporator, stockholder, employee, agent, Officer or director or Subsidiary, as such, past, present or future, of the Company or of any successor corporation, either directly or through the Company or any successor corporation, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise; it being expressly understood that all such liability is hereby expressly waived and released as a condition of, and as a consideration for, the execution of this Indenture and the issue of the Notes.

  • Ratification of Indenture and Indenture Supplement As supplemented by this Terms Document, each of the Indenture and the Indenture Supplement is in all respects ratified and confirmed and the Indenture as supplemented by the Indenture Supplement and this Terms Document shall be read, taken and construed as one and the same instrument.

  • Indenture and Supplemental Indenture Construed Together This Supplemental Indenture is an indenture supplemental to and in implementation of the Indenture, and the Indenture and this Supplemental Indenture shall henceforth be read and construed together.

  • Indenture and Securities Solely Corporate Obligations No recourse for the payment of the principal of or premium, if any, or interest on any Security, or for any claim based thereon or otherwise in respect thereof, and no recourse under or upon any obligation, covenant or agreement of the Company in this Indenture or in any supplemental indenture or in any Security, or because of the creation of any indebtedness represented thereby, shall be had against any incorporator, stockholder, employee, agent, officer, or director or subsidiary, as such, past, present or future, of the Company or of any successor corporation, either directly or through the Company or any successor corporation, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise; it being expressly understood that all such liability is hereby expressly waived and released as a condition of, and as a consideration for, the execution of this Indenture and the issue of the Securities.