BP » Topics » U SE OF PROCEEDS

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

USE OF PROCEEDS

Unless otherwise indicated in an accompanying prospectus supplement, the net proceeds from the sale of securities will be used for general corporate purposes. These include working capital for BP or other companies in the BP Group and the repayment of existing borrowings of BP and its subsidiaries.

USE OF PROCEEDS

STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%">Unless otherwise indicated in an accompanying prospectus supplement, the net proceeds from the sale of securities will be used for general corporate
purposes. These include working capital for BP or other companies in the BP Group and the repayment of existing borrowings of BP and its subsidiaries.

FACE="Times New Roman" SIZE="2">LEGAL OWNERSHIP

Street Name and Other Indirect Holders

We generally will not recognize investors who hold securities in accounts at banks or brokers that are the legal holders of securities.
When we refer to the holders of securities, we mean only the actual legal and (if applicable) record holder of those securities. Holding securities in accounts at banks or brokers is called holding in street name. If you hold securities in street
name, we will recognize only the bank or broker or the financial institution the bank or broker uses to hold its securities. These intermediary banks, brokers and other financial institutions pass along principal, interest and other payments on the
securities, either because they agree to do so in their customer agreements or because they are legally required. If you hold securities in street name, we urge you to check with your own institution to find out:

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







  

how it handles securities payments and notices;

 







  

whether it imposes fees or charges;

 







  

how it would handle voting if it were ever required to vote;

 







  

whether and how you can instruct it to send you securities registered in your own name so you can be a direct holder as described below; and

 







  

how it would pursue rights under the securities if there were a default or other event triggering the need for holders to act to protect their interests.

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

USE OF PROCEEDS

Unless otherwise indicated in an accompanying prospectus supplement, the net proceeds from the sale of securities will be used for general corporate purposes. These include working capital for BP or other companies in the BP Group and the repayment of existing borrowings of BP and its subsidiaries.

USE OF PROCEEDS

STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%">Unless otherwise indicated in an accompanying prospectus supplement, the net proceeds from the sale of securities will be used for general corporate
purposes. These include working capital for BP or other companies in the BP Group and the repayment of existing borrowings of BP and its subsidiaries.

FACE="Times New Roman" SIZE="2">LEGAL OWNERSHIP

Street Name and Other Indirect Holders

We generally will not recognize investors who hold securities in accounts at banks or brokers that are the legal holders of securities.
When we refer to the holders of securities, we mean only the actual legal and (if applicable) record holder of those securities. Holding securities in accounts at banks or brokers is called holding in street name. If you hold securities in street
name, we will recognize only the bank or broker or the financial institution the bank or broker uses to hold its securities. These intermediary banks, brokers and other financial institutions pass along principal, interest and other payments on the
securities, either because they agree to do so in their customer agreements or because they are legally required. If you hold securities in street name, we urge you to check with your own institution to find out:

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







  

how it handles securities payments and notices;

 







  

whether it imposes fees or charges;

 







  

how it would handle voting if it were ever required to vote;

 







  

whether and how you can instruct it to send you securities registered in your own name so you can be a direct holder as described below; and

 







  

how it would pursue rights under the securities if there were a default or other event triggering the need for holders to act to protect their interests.

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

USE OF PROCEEDS

Unless otherwise indicated in an accompanying prospectus supplement, the net proceeds from the sale of securities will be used for general corporate purposes. These include working capital for BP or other companies in the BP Group and the repayment of existing borrowings of BP and its subsidiaries.

USE OF PROCEEDS

STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%">Unless otherwise indicated in an accompanying prospectus supplement, the net proceeds from the sale of securities will be used for general corporate
purposes. These include working capital for BP or other companies in the BP Group and the repayment of existing borrowings of BP and its subsidiaries.

FACE="Times New Roman" SIZE="2">LEGAL OWNERSHIP

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

USE OF PROCEEDS

 

Unless otherwise indicated in an accompanying prospectus supplement, the net proceeds from the sale of securities will be used for general corporate purposes. These include working capital for BP or other companies in the BP Group and the repayment of existing borrowings of BP and its subsidiaries.

 

USE OF PROCEEDS

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

Unless otherwise indicated in an accompanying prospectus supplement, the net
proceeds from the sale of securities will be used for general corporate purposes. These include working capital for BP or other companies in the BP Group and the repayment of existing borrowings of BP and its subsidiaries.

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

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

USE OF PROCEEDS

 

Unless otherwise indicated in an accompanying prospectus supplement, the net proceeds from the sale of securities will be used for general corporate purposes. These include working capital for BP or other companies in the BP Group and the repayment of existing borrowings of BP and its subsidiaries.

 

USE OF PROCEEDS

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

Unless otherwise indicated in an accompanying prospectus supplement, the net
proceeds from the sale of securities will be used for general corporate purposes. These include working capital for BP or other companies in the BP Group and the repayment of existing borrowings of BP and its subsidiaries.

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

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

USE OF PROCEEDS

 

Unless otherwise indicated in an accompanying prospectus supplement, the net proceeds from the sale of securities will be used for general corporate purposes. These include working capital for BP or other companies in the BP Group and the repayment of existing borrowings of BP and its subsidiaries.

 

USE OF PROCEEDS

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

Unless otherwise indicated in an accompanying prospectus supplement, the net
proceeds from the sale of securities will be used for general corporate purposes. These include working capital for BP or other companies in the BP Group and the repayment of existing borrowings of BP and its subsidiaries.

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

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

USE OF PROCEEDS

 

Unless otherwise indicated in an accompanying prospectus supplement, the net proceeds from the sale of securities will be used for general corporate purposes. These include working capital for BP or other companies in the BP Group and the repayment of existing borrowings of BP and its subsidiaries.

 


USE OF PROCEEDS

 

Unless otherwise
indicated in an accompanying prospectus supplement, the net proceeds from the sale of securities will be used for general corporate purposes. These include working capital for BP or other companies in the BP Group and the repayment of existing
borrowings of BP and its subsidiaries.

 

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