BP » Topics » Direct Holders

These excerpts taken from the BP 424B5 filed Aug 7, 2009.

Direct Holders

Our obligations, as well as the obligations of the trustee and those of any third parties employed by us or the trustee, under the securities run only to persons who are registered as holders of securities. As noted above, we do not have obligations to you if you hold in street name or other indirect means, either because you choose to hold securities in that manner or because the securities are issued in the form of global securities as described below. For example, once we make payment to the registered holder, we have no further responsibility for the payment even if that holder is legally required to pass the payment along to you as a street name customer but does not do so.

Direct Holders

Our
obligations, as well as the obligations of the trustee and those of any third parties employed by us or the trustee, under the securities run only to persons who are registered as holders of securities. As noted above, we do not have obligations to
you if you hold in street name or other indirect means, either because you choose to hold securities in that manner or because the securities are issued in the form of global securities as described below. For example, once we make payment to the
registered holder, we have no further responsibility for the payment even if that holder is legally required to pass the payment along to you as a street name customer but does not do so.

STYLE="margin-top:18px;margin-bottom:0px">Global Securities

These excerpts taken from the BP 424B5 filed May 5, 2009.

Direct Holders

Our obligations, as well as the obligations of the trustee and those of any third parties employed by us or the trustee, under the securities run only to persons who are registered as holders of securities. As noted above, we do not have obligations to you if you hold in street name or other indirect means, either because you choose to hold securities in that manner or because the securities are issued in the form of global securities as described below. For example, once we make payment to the registered holder, we have no further responsibility for the payment even if that holder is legally required to pass the payment along to you as a street name customer but does not do so.

Direct Holders

Our
obligations, as well as the obligations of the trustee and those of any third parties employed by us or the trustee, under the securities run only to persons who are registered as holders of securities. As noted above, we do not have obligations to
you if you hold in street name or other indirect means, either because you choose to hold securities in that manner or because the securities are issued in the form of global securities as described below. For example, once we make payment to the
registered holder, we have no further responsibility for the payment even if that holder is legally required to pass the payment along to you as a street name customer but does not do so.

STYLE="margin-top:18px;margin-bottom:0px">Global Securities

These excerpts taken from the BP F-3ASR filed Mar 13, 2009.

Direct Holders

Our obligations, as well as the obligations of the trustee and those of any third parties employed by us or the trustee, under the securities run only to persons who are registered as holders of securities. As noted above, we do not have obligations to you if you hold in street name or other indirect means, either because you choose to hold securities in that manner or because the securities are issued in the form of global securities as described below. For example, once we make payment to the registered holder, we have no further responsibility for the payment even if that holder is legally required to pass the payment along to you as a street name customer but does not do so.

Direct Holders

Our
obligations, as well as the obligations of the trustee and those of any third parties employed by us or the trustee, under the securities run only to persons who are registered as holders of securities. As noted above, we do not have obligations to
you if you hold in street name or other indirect means, either because you choose to hold securities in that manner or because the securities are issued in the form of global securities as described below. For example, once we make payment to the
registered holder, we have no further responsibility for the payment even if that holder is legally required to pass the payment along to you as a street name customer but does not do so.

STYLE="margin-top:18px;margin-bottom:0px">Global Securities

These excerpts taken from the BP 424B5 filed Mar 13, 2009.

Direct Holders

 

Our obligations, as well as the obligations of the trustee and those of any third parties employed by us or the trustee, under the securities run only to persons who are registered as holders of securities. As noted above, we do not have obligations to you if you hold in street name or other indirect means, either because you choose to hold securities in that manner or because the securities are issued in the form of global securities as described below. For example, once we make payment to the registered holder, we have no further responsibility for the payment even if that holder is legally required to pass the payment along to you as a street name customer but does not do so.

 

Direct Holders

STYLE="margin-top:0px;margin-bottom:-6px"> 

Our obligations, as well as the obligations of the trustee and those of any
third parties employed by us or the trustee, under the securities run only to persons who are registered as holders of securities. As noted above, we do not have obligations to you if you hold in street name or other indirect means, either because
you choose to hold securities in that manner or because the securities are issued in the form of global securities as described below. For example, once we make payment to the registered holder, we have no further responsibility for the payment even
if that holder is legally required to pass the payment along to you as a street name customer but does not do so.

 

STYLE="margin-top:0px;margin-bottom:0px">Global Securities

 

STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%">What is a Global Security?

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">A global security is a special type of indirectly held security, as described above on this page under “—Street Name and Other Indirect
Holders”. If we choose to issue securities in the form of global securities, the ultimate beneficial owners can only be indirect holders.

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">We require that the securities included in the global security not be transferred to the name of any other direct holder unless the special circumstances
described below occur. The financial institution that acts as the sole direct holder of the global security is called the depositary. Any person wishing to own a security must do so indirectly by virtue of an account with a broker, bank or other
financial institution that in turn has an account with the depositary. The prospectus supplement relating to an offering of a series of securities will indicate whether the series will be issued only in the form of global securities.

STYLE="margin-top:0px;margin-bottom:0px"> 


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These excerpts taken from the BP 424B5 filed Mar 6, 2009.

Direct Holders

 

Our obligations, as well as the obligations of the trustee and those of any third parties employed by us or the trustee, under the securities run only to persons who are registered as holders of securities. As noted above, we do not have obligations to you if you hold in street name or other indirect means, either because you choose to hold securities in that manner or because the securities are issued in the form of global securities as described below. For example, once we make payment to the registered holder, we have no further responsibility for the payment even if that holder is legally required to pass the payment along to you as a street name customer but does not do so.

 

Direct Holders

STYLE="margin-top:0px;margin-bottom:-6px"> 

Our obligations, as well as the obligations of the trustee and those of any
third parties employed by us or the trustee, under the securities run only to persons who are registered as holders of securities. As noted above, we do not have obligations to you if you hold in street name or other indirect means, either because
you choose to hold securities in that manner or because the securities are issued in the form of global securities as described below. For example, once we make payment to the registered holder, we have no further responsibility for the payment even
if that holder is legally required to pass the payment along to you as a street name customer but does not do so.

 

STYLE="margin-top:0px;margin-bottom:0px">Global Securities

 

STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%">What is a Global Security?

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">A global security is a special type of indirectly held security, as described above on this page under “—Street Name and Other Indirect
Holders”. If we choose to issue securities in the form of global securities, the ultimate beneficial owners can only be indirect holders.

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">We require that the securities included in the global security not be transferred to the name of any other direct holder unless the special circumstances
described below occur. The financial institution that acts as the sole direct holder of the global security is called the depositary. Any person wishing to own a security must do so indirectly by virtue of an account with a broker, bank or other
financial institution that in turn has an account with the depositary. The prospectus supplement relating to an offering of a series of securities will indicate whether the series will be issued only in the form of global securities.

STYLE="margin-top:0px;margin-bottom:0px"> 


9







Table of Contents


These excerpts taken from the BP 424B5 filed Nov 5, 2008.

Direct Holders

 

Our obligations, as well as the obligations of the trustee and those of any third parties employed by us or the trustee, under the securities run only to persons who are registered as holders of securities. As noted above, we do not have obligations to you if you hold in street name or other indirect means, either because you choose to hold securities in that manner or because the securities are issued in the form of global securities as described below. For example, once we make payment to the registered holder, we have no further responsibility for the payment even if that holder is legally required to pass the payment along to you as a street name customer but does not do so.

 

Direct Holders

STYLE="margin-top:0px;margin-bottom:-6px"> 

Our obligations, as well as the obligations of the trustee and those of any
third parties employed by us or the trustee, under the securities run only to persons who are registered as holders of securities. As noted above, we do not have obligations to you if you hold in street name or other indirect means, either because
you choose to hold securities in that manner or because the securities are issued in the form of global securities as described below. For example, once we make payment to the registered holder, we have no further responsibility for the payment even
if that holder is legally required to pass the payment along to you as a street name customer but does not do so.

 

STYLE="margin-top:0px;margin-bottom:0px">Global Securities

 

STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%">What is a Global Security?

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">A global security is a special type of indirectly held security, as described above on this page under “—Street Name and Other Indirect
Holders”. If we choose to issue securities in the form of global securities, the ultimate beneficial owners can only be indirect holders.

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">We require that the securities included in the global security not be transferred to the name of any other direct holder unless the special circumstances
described below occur. The financial institution that acts as the sole direct holder of the global security is called the depositary. Any person wishing to own a security must do so indirectly by virtue of an account with a broker, bank or other
financial institution that in turn has an account with the depositary. The prospectus supplement relating to an offering of a series of securities will indicate whether the series will be issued only in the form of global securities.

STYLE="margin-top:0px;margin-bottom:0px"> 


9







Table of Contents


These excerpts taken from the BP 424B5 filed Mar 13, 2008.

Direct Holders

 

Our obligations, as well as the obligations of the trustee and those of any third parties employed by us or the trustee, under the securities run only to persons who are registered as holders of securities. As noted above, we do not have obligations to you if you hold in street name or other indirect means, either because you choose to hold securities in that manner or because the securities are issued in the form of global securities as described below. For example, once we make payment to the registered holder, we have no further responsibility for the payment even if that holder is legally required to pass the payment along to you as a street name customer but does not do so.

 

Direct Holders

STYLE="margin-top:0px;margin-bottom:-6px"> 

Our obligations, as well as the obligations of the trustee and those of any
third parties employed by us or the trustee, under the securities run only to persons who are registered as holders of securities. As noted above, we do not have obligations to you if you hold in street name or other indirect means, either because
you choose to hold securities in that manner or because the securities are issued in the form of global securities as described below. For example, once we make payment to the registered holder, we have no further responsibility for the payment even
if that holder is legally required to pass the payment along to you as a street name customer but does not do so.

 

STYLE="margin-top:0px;margin-bottom:0px">Global Securities

 

STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%">What is a Global Security?

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">A global security is a special type of indirectly held security, as described above on this page under “—Street Name and Other Indirect
Holders”. If we choose to issue securities in the form of global securities, the ultimate beneficial owners can only be indirect holders.

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">We require that the securities included in the global security not be transferred to the name of any other direct holder unless the special circumstances
described below occur. The financial institution that acts as the sole direct holder of the global security is called the depositary. Any person wishing to own a security must do so indirectly by virtue of an account with a broker, bank or other
financial institution that in turn has an account with the depositary. The prospectus supplement relating to an offering of a series of securities will indicate whether the series will be issued only in the form of global securities.

STYLE="margin-top:0px;margin-bottom:0px"> 


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Table of Contents


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