Permitted Liens means liens that arise because of (i) claims against the Company for taxes or assessments other governmental charges or levies that are not then due and delinquent, that the Company is contesting in good faith, or that are for less than $1 million; (ii) litigation or legal proceedings that the Company is contesting in good faith or that involve claims against the Company for less than $1 million; (iii) deposits to secure, or in place of, any surety, stay, appeal or customs bonds; or (iv) any other reason if the Companys Board of Directors determines that the lien will not materially detract from or interfere with the present value or control by the Company of the Voting Stock subject to the lien.
Quotation Agent means a Reference Treasury Dealer appointed by the Company.
Reference Treasury Dealer Quotations means, with respect to each Reference Treasury Dealer and any redemption date, the average, as determined by the Company, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Quotation Agent by such Reference Treasury Dealer at 5:00 p.m., New York City time, on the third Business Day preceding such redemption date.
Reference Treasury Dealer means (i) each of J.P. Morgan Securities LLC, Wells Fargo Securities, LLC or any of their respective affiliates that is a primary U.S. Government securities dealer in New York City (a Primary Treasury Dealer), and their respective successors, (ii) a Primary Treasury Dealer selected by U.S. Bancorp Investments, Inc. and its successors, provided, however, that if any of the foregoing shall cease to be a primary U.S. Government securities dealer in New York City, the Company will substitute therefor another Primary Treasury Dealer; and (iii) at least two other Primary Treasury Dealers selected by the Company.
Treasury Rate means, with respect to any redemption date, the rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption date.
All references herein to Articles, Sections or Exhibits, unless otherwise specified, refer to the corresponding Articles, Sections or Exhibits of this Supplemental Indenture. The terms herein, hereof, hereunder and other words of similar import refer to this Supplemental Indenture.
2.01 Title of the Notes. The Notes shall be designated as the 2.750% Senior Notes due 2029.
2.02 Limitation on Aggregate Principal Amount. The aggregate principal amount of Notes that may initially be outstanding shall not exceed $500,000,000. The aggregate principal amount of the Notes may be increased in the future with no limit, without the consent of the Holders of such series of the Notes, on the same terms and with the same CUSIP and ISIN numbers as the relevant series of the Notes, except for the Original Issue Date and, if applicable, the public offering price, the initial interest accrual date, the initial interest determination date (if