BP » Topics » Special Investor Considerations for Global Securities

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

Special Investor Considerations for Global Securities

As an indirect holder, an investor’s rights relating to a global security will be governed by the account rules of the investor’s financial institution and of the depositary, as well as general laws relating to securities transfers. We do not recognize this type of investor as a holder of securities and instead deal only with the depositary that holds the global security.

If you are an investor in securities that are issued only in the form of global securities, you should be aware that:

 

   

You cannot get securities registered in your own name.

 

   

You cannot receive physical certificates for your interest in the securities.

 

   

You will be a street name holder and must look to your own bank or broker for payments on the securities and protection of your legal rights relating to the securities, as explained on page 10 under “—Street Name and Other Indirect Holders”.

 

   

You may not be able to sell interests in the securities to some insurance companies and other institutions that are required by law to own their securities in the form of physical certificates.

 

   

The depositary’s policies will govern payments, transfers, exchange and other matters relating to your interest in the global security. We and the trustee have no responsibility for any aspect of the depositary’s actions (other than actions undertaken pursuant to our instructions) or for its records of ownership interests in the global security. We and the trustee also do not supervise the depositary in any way.

 

   

The depositary will require that interests in a global security be purchased or sold within its system using same-day funds. By contrast, payment for purchases and sales in the market for corporate bonds and other securities is generally made in next-day funds. The difference could have some effect on how interests in global securities trade, but we do not know what that effect will be.

Special Investor Considerations for Global Securities

STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%">As an indirect holder, an investor’s rights relating to a global security will be governed by the account rules of the investor’s financial
institution and of the depositary, as well as general laws relating to securities transfers. We do not recognize this type of investor as a holder of securities and instead deal only with the depositary that holds the global security.

STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%">If you are an investor in securities that are issued only in the form of global securities, you should be aware that:

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







  

You cannot get securities registered in your own name.

 







  

You cannot receive physical certificates for your interest in the securities.

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







  

You will be a street name holder and must look to your own bank or broker for payments on the securities and protection of your legal rights relating to the
securities, as explained on page 10 under “—Street Name and Other Indirect Holders”.

 







  

You may not be able to sell interests in the securities to some insurance companies and other institutions that are required by law to own their securities in the
form of physical certificates.

 







  

The depositary’s policies will govern payments, transfers, exchange and other matters relating to your interest in the global security. We and the trustee have
no responsibility for any aspect of the depositary’s actions (other than actions undertaken pursuant to our instructions) or for its records of ownership interests in the global security. We and the trustee also do not supervise the depositary
in any way.

 







  

The depositary will require that interests in a global security be purchased or sold within its system using same-day funds. By contrast, payment for purchases and
sales in the market for corporate bonds and other securities is generally made in next-day funds. The difference could have some effect on how interests in global securities trade, but we do not know what that effect will be.

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

Special Investor Considerations for Global Securities

As an indirect holder, an investor’s rights relating to a global security will be governed by the account rules of the investor’s financial institution and of the depositary, as well as general laws relating to securities transfers. We do not recognize this type of investor as a holder of securities and instead deal only with the depositary that holds the global security.

If you are an investor in securities that are issued only in the form of global securities, you should be aware that:

 

   

You cannot get securities registered in your own name.

 

   

You cannot receive physical certificates for your interest in the securities.

 

   

You will be a street name holder and must look to your own bank or broker for payments on the securities and protection of your legal rights relating to the securities, as explained on page 10 under “—Street Name and Other Indirect Holders”.

 

   

You may not be able to sell interests in the securities to some insurance companies and other institutions that are required by law to own their securities in the form of physical certificates.

 

   

The depositary’s policies will govern payments, transfers, exchange and other matters relating to your interest in the global security. We and the trustee have no responsibility for any aspect of the depositary’s actions (other than actions undertaken pursuant to our instructions) or for its records of ownership interests in the global security. We and the trustee also do not supervise the depositary in any way.

 

   

The depositary will require that interests in a global security be purchased or sold within its system using same-day funds. By contrast, payment for purchases and sales in the market for corporate bonds and other securities is generally made in next-day funds. The difference could have some effect on how interests in global securities trade, but we do not know what that effect will be.

Special Investor Considerations for Global Securities

STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%">As an indirect holder, an investor’s rights relating to a global security will be governed by the account rules of the investor’s financial
institution and of the depositary, as well as general laws relating to securities transfers. We do not recognize this type of investor as a holder of securities and instead deal only with the depositary that holds the global security.

STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%">If you are an investor in securities that are issued only in the form of global securities, you should be aware that:

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







  

You cannot get securities registered in your own name.

 







  

You cannot receive physical certificates for your interest in the securities.

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







  

You will be a street name holder and must look to your own bank or broker for payments on the securities and protection of your legal rights relating to the
securities, as explained on page 10 under “—Street Name and Other Indirect Holders”.

 







  

You may not be able to sell interests in the securities to some insurance companies and other institutions that are required by law to own their securities in the
form of physical certificates.

 







  

The depositary’s policies will govern payments, transfers, exchange and other matters relating to your interest in the global security. We and the trustee have
no responsibility for any aspect of the depositary’s actions (other than actions undertaken pursuant to our instructions) or for its records of ownership interests in the global security. We and the trustee also do not supervise the depositary
in any way.

 







  

The depositary will require that interests in a global security be purchased or sold within its system using same-day funds. By contrast, payment for purchases and
sales in the market for corporate bonds and other securities is generally made in next-day funds. The difference could have some effect on how interests in global securities trade, but we do not know what that effect will be.

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

Special Investor Considerations for Global Securities

As an indirect holder, an investor’s rights relating to a global security will be governed by the account rules of the investor’s financial institution and of the depositary, as well as general laws relating to securities transfers. We do not recognize this type of investor as a holder of securities and instead deal only with the depositary that holds the global security.

If you are an investor in securities that are issued only in the form of global securities, you should be aware that:

 

   

You cannot get securities registered in your own name.

 

   

You cannot receive physical certificates for your interest in the securities.

 

   

You will be a street name holder and must look to your own bank or broker for payments on the securities and protection of your legal rights relating to the securities, as explained on page 10 under “—Street Name and Other Indirect Holders”.

 

   

You may not be able to sell interests in the securities to some insurance companies and other institutions that are required by law to own their securities in the form of physical certificates.

 

   

The depositary’s policies will govern payments, transfers, exchange and other matters relating to your interest in the global security. We and the trustee have no responsibility for any aspect of the depositary’s actions (other than actions undertaken pursuant to our instructions) or for its records of ownership interests in the global security. We and the trustee also do not supervise the depositary in any way.

 

   

The depositary will require that interests in a global security be purchased or sold within its system using same-day funds. By contrast, payment for purchases and sales in the market for corporate bonds and other securities is generally made in next-day funds. The difference could have some effect on how interests in global securities trade, but we do not know what that effect will be.

Special Investor Considerations for Global Securities

STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%">As an indirect holder, an investor’s rights relating to a global security will be governed by the account rules of the investor’s financial
institution and of the depositary, as well as general laws relating to securities transfers. We do not recognize this type of investor as a holder of securities and instead deal only with the depositary that holds the global security.

STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%">If you are an investor in securities that are issued only in the form of global securities, you should be aware that:

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







  

You cannot get securities registered in your own name.

 







  

You cannot receive physical certificates for your interest in the securities.

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







  

You will be a street name holder and must look to your own bank or broker for payments on the securities and protection of your legal rights relating to the
securities, as explained on page 10 under “—Street Name and Other Indirect Holders”.

 







  

You may not be able to sell interests in the securities to some insurance companies and other institutions that are required by law to own their securities in the
form of physical certificates.

 







  

The depositary’s policies will govern payments, transfers, exchange and other matters relating to your interest in the global security. We and the trustee have
no responsibility for any aspect of the depositary’s actions (other than actions undertaken pursuant to our instructions) or for its records of ownership interests in the global security. We and the trustee also do not supervise the depositary
in any way.

 







  

The depositary will require that interests in a global security be purchased or sold within its system using same-day funds. By contrast, payment for purchases and
sales in the market for corporate bonds and other securities is generally made in next-day funds. The difference could have some effect on how interests in global securities trade, but we do not know what that effect will be.

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

Special Investor Considerations for Global Securities

 

As an indirect holder, an investor’s rights relating to a global security will be governed by the account rules of the investor’s financial institution and of the depositary, as well as general laws relating to securities transfers. We do not recognize this type of investor as a holder of securities and instead deal only with the depositary that holds the global security.

 

If you are an investor in securities that are issued only in the form of global securities, you should be aware that:

 

   

You cannot get securities registered in your own name.

 

   

You cannot receive physical certificates for your interest in the securities.

 

   

You will be a street name holder and must look to your own bank or broker for payments on the securities and protection of your legal rights relating to the securities, as explained on page 9 under “—Street Name and Other Indirect Holders”.

 

   

You may not be able to sell interests in the securities to some insurance companies and other institutions that are required by law to own their securities in the form of physical certificates.

 

   

The depositary’s policies will govern payments, transfers, exchange and other matters relating to your interest in the global security. We and the trustee have no responsibility for any aspect of the depositary’s actions (other than actions undertaken pursuant to our instructions) or for its records of ownership interests in the global security. We and the trustee also do not supervise the depositary in any way.

 

   

The depositary will require that interests in a global security be purchased or sold within its system using same-day funds. By contrast, payment for purchases and sales in the market for corporate bonds and other securities is generally made in next-day funds. The difference could have some effect on how interests in global securities trade, but we do not know what that effect will be.

 

Special Investor Considerations for Global Securities

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

As an indirect holder, an investor’s rights relating to a global
security will be governed by the account rules of the investor’s financial institution and of the depositary, as well as general laws relating to securities transfers. We do not recognize this type of investor as a holder of securities and
instead deal only with the depositary that holds the global security.

 

SIZE="2">If you are an investor in securities that are issued only in the form of global securities, you should be aware that:

 







  

You cannot get securities registered in your own name.

 







  

You cannot receive physical certificates for your interest in the securities.

SIZE="1"> 







  

You will be a street name holder and must look to your own bank or broker for payments on the securities and protection of your legal rights relating to the
securities, as explained on page 9 under “—Street Name and Other Indirect Holders”.

 







  

You may not be able to sell interests in the securities to some insurance companies and other institutions that are required by law to own their securities in the
form of physical certificates.

 







  

The depositary’s policies will govern payments, transfers, exchange and other matters relating to your interest in the global security. We and the trustee have
no responsibility for any aspect of the depositary’s actions (other than actions undertaken pursuant to our instructions) or for its records of ownership interests in the global security. We and the trustee also do not supervise the depositary
in any way.

 







  

The depositary will require that interests in a global security be purchased or sold within its system using same-day funds. By contrast, payment for purchases and
sales in the market for corporate bonds and other securities is generally made in next-day funds. The difference could have some effect on how interests in global securities trade, but we do not know what that effect will be.

 

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

Special Investor Considerations for Global Securities

 

As an indirect holder, an investor’s rights relating to a global security will be governed by the account rules of the investor’s financial institution and of the depositary, as well as general laws relating to securities transfers. We do not recognize this type of investor as a holder of securities and instead deal only with the depositary that holds the global security.

 

If you are an investor in securities that are issued only in the form of global securities, you should be aware that:

 

   

You cannot get securities registered in your own name.

 

   

You cannot receive physical certificates for your interest in the securities.

 

   

You will be a street name holder and must look to your own bank or broker for payments on the securities and protection of your legal rights relating to the securities, as explained on page 9 under “—Street Name and Other Indirect Holders”.

 

   

You may not be able to sell interests in the securities to some insurance companies and other institutions that are required by law to own their securities in the form of physical certificates.

 

   

The depositary’s policies will govern payments, transfers, exchange and other matters relating to your interest in the global security. We and the trustee have no responsibility for any aspect of the depositary’s actions (other than actions undertaken pursuant to our instructions) or for its records of ownership interests in the global security. We and the trustee also do not supervise the depositary in any way.

 

   

The depositary will require that interests in a global security be purchased or sold within its system using same-day funds. By contrast, payment for purchases and sales in the market for corporate bonds and other securities is generally made in next-day funds. The difference could have some effect on how interests in global securities trade, but we do not know what that effect will be.

 

Special Investor Considerations for Global Securities

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

As an indirect holder, an investor’s rights relating to a global
security will be governed by the account rules of the investor’s financial institution and of the depositary, as well as general laws relating to securities transfers. We do not recognize this type of investor as a holder of securities and
instead deal only with the depositary that holds the global security.

 

SIZE="2">If you are an investor in securities that are issued only in the form of global securities, you should be aware that:

 







  

You cannot get securities registered in your own name.

 







  

You cannot receive physical certificates for your interest in the securities.

SIZE="1"> 







  

You will be a street name holder and must look to your own bank or broker for payments on the securities and protection of your legal rights relating to the
securities, as explained on page 9 under “—Street Name and Other Indirect Holders”.

 







  

You may not be able to sell interests in the securities to some insurance companies and other institutions that are required by law to own their securities in the
form of physical certificates.

 







  

The depositary’s policies will govern payments, transfers, exchange and other matters relating to your interest in the global security. We and the trustee have
no responsibility for any aspect of the depositary’s actions (other than actions undertaken pursuant to our instructions) or for its records of ownership interests in the global security. We and the trustee also do not supervise the depositary
in any way.

 







  

The depositary will require that interests in a global security be purchased or sold within its system using same-day funds. By contrast, payment for purchases and
sales in the market for corporate bonds and other securities is generally made in next-day funds. The difference could have some effect on how interests in global securities trade, but we do not know what that effect will be.

 

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

Special Investor Considerations for Global Securities

 

As an indirect holder, an investor’s rights relating to a global security will be governed by the account rules of the investor’s financial institution and of the depositary, as well as general laws relating to securities transfers. We do not recognize this type of investor as a holder of securities and instead deal only with the depositary that holds the global security.

 

If you are an investor in securities that are issued only in the form of global securities, you should be aware that:

 

   

You cannot get securities registered in your own name.

 

   

You cannot receive physical certificates for your interest in the securities.

 

   

You will be a street name holder and must look to your own bank or broker for payments on the securities and protection of your legal rights relating to the securities, as explained on page 9 under “—Street Name and Other Indirect Holders”.

 

   

You may not be able to sell interests in the securities to some insurance companies and other institutions that are required by law to own their securities in the form of physical certificates.

 

   

The depositary’s policies will govern payments, transfers, exchange and other matters relating to your interest in the global security. We and the trustee have no responsibility for any aspect of the depositary’s actions (other than actions undertaken pursuant to our instructions) or for its records of ownership interests in the global security. We and the trustee also do not supervise the depositary in any way.

 

   

The depositary will require that interests in a global security be purchased or sold within its system using same-day funds. By contrast, payment for purchases and sales in the market for corporate bonds and other securities is generally made in next-day funds. The difference could have some effect on how interests in global securities trade, but we do not know what that effect will be.

 

Special Investor Considerations for Global Securities

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

As an indirect holder, an investor’s rights relating to a global
security will be governed by the account rules of the investor’s financial institution and of the depositary, as well as general laws relating to securities transfers. We do not recognize this type of investor as a holder of securities and
instead deal only with the depositary that holds the global security.

 

SIZE="2">If you are an investor in securities that are issued only in the form of global securities, you should be aware that:

 







  

You cannot get securities registered in your own name.

 







  

You cannot receive physical certificates for your interest in the securities.

SIZE="1"> 







  

You will be a street name holder and must look to your own bank or broker for payments on the securities and protection of your legal rights relating to the
securities, as explained on page 9 under “—Street Name and Other Indirect Holders”.

 







  

You may not be able to sell interests in the securities to some insurance companies and other institutions that are required by law to own their securities in the
form of physical certificates.

 







  

The depositary’s policies will govern payments, transfers, exchange and other matters relating to your interest in the global security. We and the trustee have
no responsibility for any aspect of the depositary’s actions (other than actions undertaken pursuant to our instructions) or for its records of ownership interests in the global security. We and the trustee also do not supervise the depositary
in any way.

 







  

The depositary will require that interests in a global security be purchased or sold within its system using same-day funds. By contrast, payment for purchases and
sales in the market for corporate bonds and other securities is generally made in next-day funds. The difference could have some effect on how interests in global securities trade, but we do not know what that effect will be.

 

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

Special Investor Considerations for Global Securities

 

As an indirect holder, an investor’s rights relating to a global security will be governed by the account rules of the investor’s financial institution and of the depositary, as well as general laws relating to securities transfers. We do not recognize this type of investor as a holder of securities and instead deal only with the depositary that holds the global security.

 

If you are an investor in securities that are issued only in the form of global securities, you should be aware that:

 

   

You cannot get securities registered in your own name.

 

   

You cannot receive physical certificates for your interest in the securities.

 

   

You will be a street name holder and must look to your own bank or broker for payments on the securities and protection of your legal rights relating to the securities, as explained on page 9 under “—Street Name and Other Indirect Holders”.

 

   

You may not be able to sell interests in the securities to some insurance companies and other institutions that are required by law to own their securities in the form of physical certificates.

 

   

The depositary’s policies will govern payments, transfers, exchange and other matters relating to your interest in the global security. We and the trustee have no responsibility for any aspect of the depositary’s actions (other than actions undertaken pursuant to our instructions) or for its records of ownership interests in the global security. We and the trustee also do not supervise the depositary in any way.

 

   

The depositary will require that interests in a global security be purchased or sold within its system using same-day funds. By contrast, payment for purchases and sales in the market for corporate bonds and other securities is generally made in next-day funds. The difference could have some effect on how interests in global securities trade, but we do not know what that effect will be.

 

Special Investor Considerations for Global Securities

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

As an indirect holder, an investor’s rights relating to a global
security will be governed by the account rules of the investor’s financial institution and of the depositary, as well as general laws relating to securities transfers. We do not recognize this type of investor as a holder of securities and
instead deal only with the depositary that holds the global security.

 

SIZE="2">If you are an investor in securities that are issued only in the form of global securities, you should be aware that:

 







  

You cannot get securities registered in your own name.

 







  

You cannot receive physical certificates for your interest in the securities.

SIZE="1"> 







  

You will be a street name holder and must look to your own bank or broker for payments on the securities and protection of your legal rights relating to the
securities, as explained on page 9 under “—Street Name and Other Indirect Holders”.

 







  

You may not be able to sell interests in the securities to some insurance companies and other institutions that are required by law to own their securities in the
form of physical certificates.

 







  

The depositary’s policies will govern payments, transfers, exchange and other matters relating to your interest in the global security. We and the trustee have
no responsibility for any aspect of the depositary’s actions (other than actions undertaken pursuant to our instructions) or for its records of ownership interests in the global security. We and the trustee also do not supervise the depositary
in any way.

 







  

The depositary will require that interests in a global security be purchased or sold within its system using same-day funds. By contrast, payment for purchases and
sales in the market for corporate bonds and other securities is generally made in next-day funds. The difference could have some effect on how interests in global securities trade, but we do not know what that effect will be.

 

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