Global Notes means, individually and collectively, each of the global notes, substantially in the form of Exhibit A hereto and that bears the Global Note Legend, issued in accordance with Sections 2.1 of the Base Indenture and 1.3 hereof.
Indirect Participant means any entity that, with respect to the Depositary, clears through or maintains a direct or indirect custodial relationship with a Participant.
Interest Payment Date means the stated due date of an installment of interest on the Notes set forth in the Notes.
Note Guarantee means the Guarantee by the Guarantor of the Companys obligations under the Indenture and the Notes, pursuant to the provisions of the Indenture.
Participant means, with respect to the Depositary, a Person who has an account with the Depositary.
Redemption Date means, when used with respect to any Note to be redeemed, the date fixed for such redemption by or pursuant to the Indenture.
Section 1.2. Terms of the Notes.
The following terms relate to the Notes:
(1) The Notes shall constitute a separate Series of Securities under the Base Indenture having the title 1.400% Senior Notes due 2025.
(2) The aggregate principal amount of the Notes (the Initial Notes) that may be initially authenticated and delivered under the Indenture shall be $500,000,000 of Notes. The Company may from time to time, without the consent of the Holders of Notes, issue additional Notes (in any such case Additional Notes) having the same forms and terms (other than the date of issuance and, under certain circumstances, the date from which interest thereon will begin to accrue), and will carry the same right to receive accrued and unpaid interest, as the Notes previously outstanding. Any Additional Notes and the Initial Notes shall constitute a single Series of Securities under the Indenture, including for purposes of voting and redemptions, and all references to the Notes shall include the Initial Notes and any Additional Notes, unless the context otherwise requires, provided, however, that a separate CUSIP or ISIN shall be issued for the Additional Notes, unless the Initial Notes and the Additional Notes are fungible for U.S. federal income tax purposes. Such Additional Notes will also be guaranteed by the Guarantor (with the same ranking as the Note Guarantee for the Initial Notes). The aggregate principal amount of the Additional Notes that may be issued shall be unlimited.
(3) The entire outstanding principal of the Notes shall be payable on September 17, 2025.
(4) The rate at which the Notes shall bear interest shall be 1.400% per year. The date from which interest shall accrue on the Notes shall be September 18, 2020, or the most recent Interest Payment Date to which interest has been paid or provided for. The Interest Payment Dates for each of the Notes shall be March 17 and September 17 of each year,