IAI Global Note means a Global Note substantially in the form in Section 3.02 hereto bearing (or required to bear) the Global Legend and the Private Placement Legend and deposited with or on behalf of, and registered in the name of, the Depositary or its nominee that will be issued in a denomination equal to the outstanding principal amount of the Notes sold to Institutional Accredited Investors.
Independent Investment Banker means one of the Reference Treasury Dealers appointed by the Company.
Initial Notes means Notes in an aggregate principal amount of up to $1,000,000,000 of the 2023 Notes, $1,000,000,000 of the 2025 Notes, $1,000,000,000 of the 2027 Notes, $1,000,000,000 of the 2030 Notes, $1,000,000,000 of the 2040 Notes and $1,000,000,000 of the 2050 Notes initially issued on September 2, 2020 under this First Supplemental Indenture in accordance with Section 1.01(c).
Initial Purchasers means BofA Securities, Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Truist Securities, Inc., BBVA Securities Inc., DNB Markets, Inc., Scotia Capital (USA) Inc. and TD Securities (USA) LLC with respect to the Initial Notes and any other entity designated as such with respect to any Additional Notes issued after the date of this First Supplemental Indenture.
Institutional Accredited Investor means an institution that is an accredited investor as defined in Rule 501(a)(1), (2), (3) or (7) under the Securities Act that is not also a qualified institutional buyer as defined in Rule 144A.
Interest Payment Date has the meaning specified in Section 1.02(b).
Investment Grade means a rating of Baa3 or better by Moodys (or its equivalent under any successor rating categories of Moodys) and BBB- or better by S&P (or its equivalent under any successor rating categories of S&P) or Fitch (or its equivalent under any successor rating categories of Fitch) (or, in each case, if such Rating Agency ceases to rate the Notes for reasons outside of the Companys control, the equivalent investment grade credit rating from any Rating Agency selected by the Company as a replacement Rating Agency).
Make Whole Amount means, with respect to (i) the 2023 Notes, 15 basis points, (ii) the 2025 Notes, 20 basis points, (iii) the 2027 Notes, 25 basis points, (iv) the 2030 Notes, 30 basis points, (v) the 2040 Notes, 35 basis points and (vi) the 2050 Notes, 40 basis points.
Moodys means Moodys Investors Service, Inc., or any successor thereto.
Notes has the meaning specified in Section 1.01(b).
Par Call Date means, with respect to (i) the 2025 Notes, August 2, 2025, (ii) the 2027 Notes, July 2, 2027, (iii) the 2030 Notes, June 2, 2030, (iv) the 2040 Notes, March 2, 2040 and (v) the 2050 Notes, March 2, 2050.
Payor has the meaning specified in Section 5.02.