ALL » Topics » SECTION 2.1. Designation, Principal Amount and Authorized Denominations .

These excerpts taken from the ALL 8-K filed May 10, 2007.

SECTION 2.1.                        Designation, Principal Amount and Authorized Denominations.

(a)           Designation.  Pursuant to Sections 201 and 301 of the Base Indenture, there is hereby established a series of Securities of the Company designated as “Series B 6.125% Fixed-to-Floating Rate Junior Subordinated Debentures due 2067,” the principal amount of which to be issued shall be in accordance with Section 2.1(b) hereof and as set forth in any Company Order for the authentication and delivery of Debentures pursuant to the Base Indenture, and the form and terms of which shall be as set forth hereinafter.

(b)           Principal Amount.  Debentures in an initial aggregate principal amount of $500,000,000 shall, upon execution of this Sixth Supplemental Indenture, be executed by the Company and delivered to the Trustee or an Authenticating Agent for authentication, and the Trustee or an Authenticating Agent shall thereupon authenticate and deliver said Debentures in accordance with a Company Order.  Additional Debentures may be issued pursuant to this Sixth Supplemental Indenture so long as such additional Debentures are fungible for U.S. tax purposes with the Debentures issued as of the date of this Sixth Supplemental Indenture.  Any additional Debentures issued under this Sixth Supplemental Indenture will rank equally and ratably in right of payment with the Debentures issued on the date of this Sixth Supplemental Indenture and together with such Debentures will be treated as a single series of Debentures.

SECTION 2.1.                        Designation, Principal Amount and Authorized Denominations.

(a)           Designation.  Pursuant to Sections 201 and 301 of the Base Indenture, there is hereby established a series of Securities of the Company designated as “Series A 6.50% Fixed-to-Floating Rate Junior Subordinated Debentures due 2067,” the principal amount of which to be issued shall be in accordance with Section 2.1(b) hereof and as set forth in any Company Order for the authentication and delivery of Debentures pursuant to the Base Indenture, and the form and terms of which shall be as set forth hereinafter.

(b)           Principal Amount.  Debentures in an initial aggregate principal amount of $500,000,000 shall, upon execution of this Fifth Supplemental Indenture, be executed by the Company and delivered to the Trustee or an Authenticating Agent for authentication, and the Trustee or an Authenticating Agent shall thereupon authenticate and deliver said Debentures in accordance with a Company Order.  Additional Debentures may be issued pursuant to this Fifth Supplemental Indenture so long as such additional Debentures are fungible for U.S. tax purposes with the Debentures issued as of the date of this Fifth Supplemental Indenture.  Any additional Debentures issued under this Fifth Supplemental Indenture will rank equally and ratably in right of payment with the Debentures issued on the date of this Fifth Supplemental Indenture and together with such Debentures will be treated as a single series of Debentures.

EXCERPTS ON THIS PAGE:

8-K (2 sections)
May 10, 2007
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki