UNDERWRITING AGREEMENT DECEMBER 13, 1995 Tenneco Inc. P.O. Box 2511 Houston, Texas 77252-2511 Dear Sirs: The undersigned manager or managers (being herein called the "Manager" whether one or more) understand that Tenneco Inc., a Delaware corporation...Underwriting Agreement • December 14th, 1995 • Tenneco Inc /De/ • Farm machinery & equipment • New York
The underwriters will pay for such Offered Securities upon delivery thereof at the office of Morgan Stanley & Co. Incorporated, New York, N.Y., at 10:30 A.M., New York time, on December 18, 1995, or at such other time, not later than December 22, 1995, as shall be designated by the Manager. Payment will be made in immediately available funds to an account designated by the Company. The Offered Securities shall have the following terms: Maturity: December 15, 2005 Interest Rate: 6 1/2% Redemption provisions: The Offered Securities will be redeemable in whole or in part, at the option of Tenneco Inc. at any time, at a redemption price equal to the greater of (i) 100% of their principal amount and (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the date of redemption on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the yield to maturity of the U.S. Government security having a matur
CONFORMED COPY] --------------------------------------------------------------- ----------------- ------------------------------------------------------------- ------------------- TENNECO INC. AND THE CHASE MANHATTAN BANK (NATIONAL ASSOCIATION), AS...Twelfth Supplemental Indenture • December 14th, 1995 • Tenneco Inc /De/ • Farm machinery & equipment • New York
CONFORMED COPY] --------------------------------------------------------------- ----------------- ------------------------------------------------------------- ------------------- TENNECO INC. AND THE CHASE MANHATTAN BANK (NATIONAL ASSOCIATION), AS...Supplemental Indenture • December 14th, 1995 • Tenneco Inc /De/ • Farm machinery & equipment • New York
