FIXED RATE NOTE Successor to the Master Promissory Note Dated February 1, 1998 Executed by Borrower in favor of Lender (then known as Bell Atlantic Financial Services Inc.)Fixed Rate Note • September 6th, 2005 • Cellco Partnership • Radiotelephone communications
FOR VALUE RECEIVED, the undersigned, Cellco Partnership, a Delaware general partnership (herein “Borrower”) hereby promises to pay to the order of Verizon Global Funding Corp., a Delaware corporation (herein “Lender”), in same day funds in lawful money of the United States at its offices at 3900 Washington Street, 2nd Floor, Wilmington, Delaware 19802 or such other place as Lender may from time to time designate, the principal sum of Nine Billion Dollars ($9,000,000,000) (the “Maximum Principal Sum”), or such lesser amount as shall equal the aggregate unpaid principal amount of the loans made by Lender to Borrower under this Fixed Rate Note, on August 1, 2009 (the “Maturity Date”) together with interest thereon from the date borrowed until paid in full.
FLOATING RATE NOTE Successor to GTE Consumer Services Incorporated Promissory Note Due September 30, 2009 (Sold by GTE Corporation to Verizon Global Funding Corp November 29, 2002)Floating Rate Note • September 6th, 2005 • Cellco Partnership • Radiotelephone communications
FOR VALUE RECEIVED, the undersigned, Cellco Partnership, a Delaware general partnership (herein “Borrower”) hereby promises to pay to the order of Verizon Global Funding Corp., a Delaware corporation (herein “Lender”), in same day funds in lawful money of the United States at its offices at 3900 Washington Street, 2nd Floor, Wilmington, Delaware 19802 or such other place as Lender may from time to time designate, the principal sum of Two Billion Four Hundred Thirty-One Million Eighteen Thousand Two Hundred Twenty Dollars and Ninety-Two Cents ($2,431,018,220.92) (the “Principal Sum”), or such lesser amount as shall equal the aggregate unpaid principal amount of the loans made by Lender to Borrower under this Floating Rate Note, on August 1, 2009 (the “Maturity Date”) together with interest thereon from the date borrowed until paid in full.
