BP » Topics » Primary Distribution

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

Primary Distribution

The distribution of the securities will be cleared through one or more of the clearing systems that we have described above or any other clearing system that is specified in the applicable prospectus supplement. Payment for securities will be made on a delivery versus payment or free delivery basis. These payment procedures will be more fully described in the applicable prospectus supplement.

Clearance and settlement procedures may vary from one series of securities to another according to the currency that is chosen for the specific series of securities. Customary clearance and settlement procedures are described below.

We will submit applications to the relevant system or systems for the securities to be accepted for clearance. The clearance numbers that are applicable to each clearance system will be specified in the prospectus supplement.

Primary Distribution

The distribution
of the securities will be cleared through one or more of the clearing systems that we have described above or any other clearing system that is specified in the applicable prospectus supplement. Payment for securities will be made on a delivery
versus payment or free delivery basis. These payment procedures will be more fully described in the applicable prospectus supplement.

SIZE="2">Clearance and settlement procedures may vary from one series of securities to another according to the currency that is chosen for the specific series of securities. Customary clearance and settlement procedures are described below.

We will submit applications to the relevant system or systems for the securities to be accepted for clearance. The clearance numbers that
are applicable to each clearance system will be specified in the prospectus supplement.

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

Primary Distribution

The distribution of the securities will be cleared through one or more of the clearing systems that we have described above or any other clearing system that is specified in the applicable prospectus supplement. Payment for securities will be made on a delivery versus payment or free delivery basis. These payment procedures will be more fully described in the applicable prospectus supplement.

Clearance and settlement procedures may vary from one series of securities to another according to the currency that is chosen for the specific series of securities. Customary clearance and settlement procedures are described below.

We will submit applications to the relevant system or systems for the securities to be accepted for clearance. The clearance numbers that are applicable to each clearance system will be specified in the prospectus supplement.

Primary Distribution

The distribution
of the securities will be cleared through one or more of the clearing systems that we have described above or any other clearing system that is specified in the applicable prospectus supplement. Payment for securities will be made on a delivery
versus payment or free delivery basis. These payment procedures will be more fully described in the applicable prospectus supplement.

SIZE="2">Clearance and settlement procedures may vary from one series of securities to another according to the currency that is chosen for the specific series of securities. Customary clearance and settlement procedures are described below.

We will submit applications to the relevant system or systems for the securities to be accepted for clearance. The clearance numbers that
are applicable to each clearance system will be specified in the prospectus supplement.

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

Primary Distribution

The distribution of the securities will be cleared through one or more of the clearing systems that we have described above or any other clearing system that is specified in the applicable prospectus supplement. Payment for securities will be made on a delivery versus payment or free delivery basis. These payment procedures will be more fully described in the applicable prospectus supplement.

Clearance and settlement procedures may vary from one series of securities to another according to the currency that is chosen for the specific series of securities. Customary clearance and settlement procedures are described below.

We will submit applications to the relevant system or systems for the securities to be accepted for clearance. The clearance numbers that are applicable to each clearance system will be specified in the prospectus supplement.

Primary Distribution

The distribution
of the securities will be cleared through one or more of the clearing systems that we have described above or any other clearing system that is specified in the applicable prospectus supplement. Payment for securities will be made on a delivery
versus payment or free delivery basis. These payment procedures will be more fully described in the applicable prospectus supplement.

SIZE="2">Clearance and settlement procedures may vary from one series of securities to another according to the currency that is chosen for the specific series of securities. Customary clearance and settlement procedures are described below.

We will submit applications to the relevant system or systems for the securities to be accepted for clearance. The clearance numbers that
are applicable to each clearance system will be specified in the prospectus supplement.

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

Primary Distribution

 

The distribution of the securities will be cleared through one or more of the clearing systems that we have described above or any other clearing system that is specified in the applicable prospectus supplement. Payment for securities will be made on a delivery versus payment or free delivery basis. These payment procedures will be more fully described in the applicable prospectus supplement.

 

Clearance and settlement procedures may vary from one series of securities to another according to the currency that is chosen for the specific series of securities. Customary clearance and settlement procedures are described below.

 

We will submit applications to the relevant system or systems for the securities to be accepted for clearance. The clearance numbers that are applicable to each clearance system will be specified in the prospectus supplement.

 

Primary Distribution

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">The distribution of the securities will be cleared through one or more of the clearing systems that we have described above or any other clearing system
that is specified in the applicable prospectus supplement. Payment for securities will be made on a delivery versus payment or free delivery basis. These payment procedures will be more fully described in the applicable prospectus supplement.

 

Clearance and settlement procedures may vary from one series
of securities to another according to the currency that is chosen for the specific series of securities. Customary clearance and settlement procedures are described below.

 

We will submit applications to the relevant system or systems for the securities to be accepted for clearance. The clearance numbers that
are applicable to each clearance system will be specified in the prospectus supplement.

 

FACE="Times New Roman" SIZE="2">Clearance and Settlement Procedures—DTC

 

FACE="Times New Roman" SIZE="2">DTC participants that hold securities through DTC on behalf of investors will follow the settlement practices applicable to United States corporate debt obligations in DTC’s Same-Day Funds Settlement System, or
such other procedures as are applicable for other securities.

 

SIZE="2">Securities will be credited to the securities custody accounts of these DTC participants against payment in same-day funds, for payments in U.S. dollars, on the settlement date. For payments in a currency other than U.S. dollars,
securities will be credited free of payment on the settlement date.

 

SIZE="2">Clearance and Settlement Procedures—Euroclear and Clearstream, Luxembourg

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">We understand that investors that hold their securities through Euroclear or Clearstream, Luxembourg accounts will follow the settlement procedures that
are applicable to conventional Eurobonds in registered form for debt securities, or such other procedures as are applicable for other securities.

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">Securities will be credited to the securities custody accounts of Euroclear and Clearstream, Luxembourg participants on the business day following the
settlement date, for value on the settlement date. They will be credited either free of payment or against payment for value on the settlement date.

 

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

 

STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%">Trading between DTC Participants

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">Secondary market trading between DTC participants will occur in the ordinary way in accordance with DTC’s rules. Secondary market trading will be
settled using procedures applicable to United States corporate debt obligations in DTC’s Same-Day Funds Settlement System for debt securities, or such other procedures as are applicable for other securities.

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


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Table of Contents


If payment is made in U.S. dollars, settlement will be in same-day funds. If payment is made in a
currency other than U.S. dollars, settlement will be free of payment. If payment is made other than in U.S. dollars, separate payment arrangements outside of the DTC system must be made between the DTC participants involved.

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

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

Primary Distribution

 

The distribution of the securities will be cleared through one or more of the clearing systems that we have described above or any other clearing system that is specified in the applicable prospectus supplement. Payment for securities will be made on a delivery versus payment or free delivery basis. These payment procedures will be more fully described in the applicable prospectus supplement.

 

Clearance and settlement procedures may vary from one series of securities to another according to the currency that is chosen for the specific series of securities. Customary clearance and settlement procedures are described below.

 

We will submit applications to the relevant system or systems for the securities to be accepted for clearance. The clearance numbers that are applicable to each clearance system will be specified in the prospectus supplement.

 

Primary Distribution

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">The distribution of the securities will be cleared through one or more of the clearing systems that we have described above or any other clearing system
that is specified in the applicable prospectus supplement. Payment for securities will be made on a delivery versus payment or free delivery basis. These payment procedures will be more fully described in the applicable prospectus supplement.

 

Clearance and settlement procedures may vary from one series
of securities to another according to the currency that is chosen for the specific series of securities. Customary clearance and settlement procedures are described below.

 

We will submit applications to the relevant system or systems for the securities to be accepted for clearance. The clearance numbers that
are applicable to each clearance system will be specified in the prospectus supplement.

 

FACE="Times New Roman" SIZE="2">Clearance and Settlement Procedures—DTC

 

FACE="Times New Roman" SIZE="2">DTC participants that hold securities through DTC on behalf of investors will follow the settlement practices applicable to United States corporate debt obligations in DTC’s Same-Day Funds Settlement System, or
such other procedures as are applicable for other securities.

 

SIZE="2">Securities will be credited to the securities custody accounts of these DTC participants against payment in same-day funds, for payments in U.S. dollars, on the settlement date. For payments in a currency other than U.S. dollars,
securities will be credited free of payment on the settlement date.

 

SIZE="2">Clearance and Settlement Procedures—Euroclear and Clearstream, Luxembourg

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">We understand that investors that hold their securities through Euroclear or Clearstream, Luxembourg accounts will follow the settlement procedures that
are applicable to conventional Eurobonds in registered form for debt securities, or such other procedures as are applicable for other securities.

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">Securities will be credited to the securities custody accounts of Euroclear and Clearstream, Luxembourg participants on the business day following the
settlement date, for value on the settlement date. They will be credited either free of payment or against payment for value on the settlement date.

 

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

 

STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%">Trading between DTC Participants

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">Secondary market trading between DTC participants will occur in the ordinary way in accordance with DTC’s rules. Secondary market trading will be
settled using procedures applicable to United States corporate debt obligations in DTC’s Same-Day Funds Settlement System for debt securities, or such other procedures as are applicable for other securities.

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


24







Table of Contents


If payment is made in U.S. dollars, settlement will be in same-day funds. If payment is made in a
currency other than U.S. dollars, settlement will be free of payment. If payment is made other than in U.S. dollars, separate payment arrangements outside of the DTC system must be made between the DTC participants involved.

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

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

Primary Distribution

 

The distribution of the securities will be cleared through one or more of the clearing systems that we have described above or any other clearing system that is specified in the applicable prospectus supplement. Payment for securities will be made on a delivery versus payment or free delivery basis. These payment procedures will be more fully described in the applicable prospectus supplement.

 

Clearance and settlement procedures may vary from one series of securities to another according to the currency that is chosen for the specific series of securities. Customary clearance and settlement procedures are described below.

 

We will submit applications to the relevant system or systems for the securities to be accepted for clearance. The clearance numbers that are applicable to each clearance system will be specified in the prospectus supplement.

 

Primary Distribution

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">The distribution of the securities will be cleared through one or more of the clearing systems that we have described above or any other clearing system
that is specified in the applicable prospectus supplement. Payment for securities will be made on a delivery versus payment or free delivery basis. These payment procedures will be more fully described in the applicable prospectus supplement.

 

Clearance and settlement procedures may vary from one series
of securities to another according to the currency that is chosen for the specific series of securities. Customary clearance and settlement procedures are described below.

 

We will submit applications to the relevant system or systems for the securities to be accepted for clearance. The clearance numbers that
are applicable to each clearance system will be specified in the prospectus supplement.

 

FACE="Times New Roman" SIZE="2">Clearance and Settlement Procedures—DTC

 

FACE="Times New Roman" SIZE="2">DTC participants that hold securities through DTC on behalf of investors will follow the settlement practices applicable to United States corporate debt obligations in DTC’s Same-Day Funds Settlement System, or
such other procedures as are applicable for other securities.

 

SIZE="2">Securities will be credited to the securities custody accounts of these DTC participants against payment in same-day funds, for payments in U.S. dollars, on the settlement date. For payments in a currency other than U.S. dollars,
securities will be credited free of payment on the settlement date.

 

SIZE="2">Clearance and Settlement Procedures—Euroclear and Clearstream, Luxembourg

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">We understand that investors that hold their securities through Euroclear or Clearstream, Luxembourg accounts will follow the settlement procedures that
are applicable to conventional Eurobonds in registered form for debt securities, or such other procedures as are applicable for other securities.

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">Securities will be credited to the securities custody accounts of Euroclear and Clearstream, Luxembourg participants on the business day following the
settlement date, for value on the settlement date. They will be credited either free of payment or against payment for value on the settlement date.

 

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

 

STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%">Trading between DTC Participants

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">Secondary market trading between DTC participants will occur in the ordinary way in accordance with DTC’s rules. Secondary market trading will be
settled using procedures applicable to United States corporate debt obligations in DTC’s Same-Day Funds Settlement System for debt securities, or such other procedures as are applicable for other securities.

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


24







Table of Contents


If payment is made in U.S. dollars, settlement will be in same-day funds. If payment is made in a
currency other than U.S. dollars, settlement will be free of payment. If payment is made other than in U.S. dollars, separate payment arrangements outside of the DTC system must be made between the DTC participants involved.

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

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

Primary Distribution

 

The distribution of the securities will be cleared through one or more of the clearing systems that we have described above or any other clearing system that is specified in the applicable prospectus supplement. Payment for securities will be made on a delivery versus payment or free delivery basis. These payment procedures will be more fully described in the applicable prospectus supplement.

 

Clearance and settlement procedures may vary from one series of securities to another according to the currency that is chosen for the specific series of securities. Customary clearance and settlement procedures are described below.

 

We will submit applications to the relevant system or systems for the securities to be accepted for clearance. The clearance numbers that are applicable to each clearance system will be specified in the prospectus supplement.

 

Primary Distribution

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">The distribution of the securities will be cleared through one or more of the clearing systems that we have described above or any other clearing system
that is specified in the applicable prospectus supplement. Payment for securities will be made on a delivery versus payment or free delivery basis. These payment procedures will be more fully described in the applicable prospectus supplement.

 

Clearance and settlement procedures may vary from one series
of securities to another according to the currency that is chosen for the specific series of securities. Customary clearance and settlement procedures are described below.

 

We will submit applications to the relevant system or systems for the securities to be accepted for clearance. The clearance numbers that
are applicable to each clearance system will be specified in the prospectus supplement.

 

FACE="Times New Roman" SIZE="2">Clearance and Settlement Procedures—DTC

 

FACE="Times New Roman" SIZE="2">DTC participants that hold securities through DTC on behalf of investors will follow the settlement practices applicable to United States corporate debt obligations in DTC’s Same-Day Funds Settlement System, or
such other procedures as are applicable for other securities.

 

SIZE="2">Securities will be credited to the securities custody accounts of these DTC participants against payment in same-day funds, for payments in U.S. dollars, on the settlement date. For payments in a currency other than U.S. dollars,
securities will be credited free of payment on the settlement date.

 

SIZE="2">Clearance and Settlement Procedures—Euroclear and Clearstream, Luxembourg

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">We understand that investors that hold their securities through Euroclear or Clearstream, Luxembourg accounts will follow the settlement procedures that
are applicable to conventional Eurobonds in registered form for debt securities, or such other procedures as are applicable for other securities.

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">Securities will be credited to the securities custody accounts of Euroclear and Clearstream, Luxembourg participants on the business day following the
settlement date, for value on the settlement date. They will be credited either free of payment or against payment for value on the settlement date.

 

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

 

STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%">Trading between DTC Participants

 

STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%">Secondary market trading between DTC participants will occur in the ordinary way in accordance with DTC’s rules. Secondary market trading will be
settled using procedures applicable to United States corporate debt obligations in DTC’s Same-Day Funds Settlement System for debt securities, or such other procedures as are applicable for other securities.

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


24







Table of Contents


If payment is made in U.S. dollars, settlement will be in same-day funds. If payment is made in a
currency other than U.S. dollars, settlement will be free of payment. If payment is made other than in U.S. dollars, separate payment arrangements outside of the DTC system must be made between the DTC participants involved.

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

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