Reference Treasury Dealers shall have the meaning set forth in Section 3.01(c).
Remaining Life shall have the meaning set forth in Section 3.01(c).
S&P means S&P Global Ratings, a Standard & Poors Financial Services LLC business, and its successors.
Supplemental Indenture shall have the meaning set forth in the recitals above.
Treasury Rate shall have the meaning set forth in Section 3.01(c).
Voting Stock shall have the meaning set forth in Section 3.02(e).
TERMS AND CONDITIONS OF THE NOTES
Section 2.01. Designation and Principal Amount. There is hereby authorized a series of Securities designated the 3.550% Notes due 2029 initially issued in the aggregate principal amount of $200,000,000, which amount shall be as set forth in a Company Order for the authentication and delivery of such Notes pursuant to Section 3.3 of the Indenture.
Section 2.02. Maturity. The Notes will mature on June 15, 2029.
Section 2.03. Depository. The Depository Trust Company shall be the initial Depository for the Notes until a successor shall have been appointed and become such pursuant to the applicable provisions of this Indenture, and thereafter, Depository shall mean or include such successor.
Section 2.04. Form; Denomination.
(a) The Notes shall be issued initially in the form of one or more permanent Global Notes in registered form, without coupons, substantially in the form herein below recited (each, a Global Note and collectively, the Global Notes), deposited with the Trustee, as custodian for the Depository, duly executed by the Company and authenticated by the Trustee as herein provided.
The aggregate principal amount of each Global Note may from time to time be increased or decreased by adjustments made on the records of the Trustee, as custodian for the Depository or its nominee, as provided in Section 2.3 of the Indenture.
(b) The Notes shall be issuable only in registered form, without coupons, in denominations of $2,000 and integral multiples of $1,000 in excess thereof. The Notes shall be numbered, lettered, or otherwise distinguished in such manner or in accordance with such plans as the officers of the Company executing the same may determine with the approval of the Trustee.
Section 2.05. Legend. Each Global Note shall bear the following legend on the face thereof:
UNLESS THIS GLOBAL NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (DTC), NEW YORK, NEW YORK, TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY GLOBAL NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME