Send us Feedback

BP (BP)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

BP » Topics » We urge street name and other indirect holders to contact their banks or brokers for information about how to exercise a repayment right in a timely manner.

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

We urge street name and other indirect holders to contact their banks or brokers for information about how to exercise a repayment right in a timely manner.

 

We or our affiliates may purchase debt securities from investors who are willing to sell from time to time, either in the open market at prevailing prices or in private transactions at negotiated prices. Debt securities that we or they purchase may, in our discretion, be held, resold or canceled.

 

We urge street name and other indirect holders to contact their banks
or brokers for information about how to exercise a repayment right in a timely manner.

 

FACE="Times New Roman" SIZE="2">We or our affiliates may purchase debt securities from investors who are willing to sell from time to time, either in the open market at prevailing prices or in private transactions at negotiated prices. Debt
securities that we or they purchase may, in our discretion, be held, resold or canceled.

 

FACE="Times New Roman" SIZE="2">Payment of Additional Amounts

 

FACE="Times New Roman" SIZE="2">The government of any jurisdiction where BP or BP Capital U.K. or BP Canada is incorporated may require BP, BP Capital U.K. or BP Canada to withhold or deduct amounts from payments on the principal or interest on a
debt security or any amounts to be paid under the guarantees for or on account of taxes or any other governmental charges. If the jurisdiction requires a withholding or deduction of this type, BP, BP Capital U.K. or BP Canada, as the case may be,
may be required to pay you an additional amount so that the net amount you receive will be the amount specified in the debt security to which you are entitled. However, in order for you to be entitled to receive the additional amount, you must not
be resident in the jurisdiction that requires the withholding or deduction.

 

FACE="Times New Roman" SIZE="2">BP, BP Capital U.K. or BP Canada, as the case may be, will not have to pay additional amounts under any of the following circumstances:

SIZE="1"> 







 • 

The U.S. government or any political subdivision of the U.S. government is the entity that is imposing the tax or governmental charge.


 







 • 

The tax or governmental charge is imposed due to the presentation of a debt security, if presentation is required, for payment on a date more than 30 days after the
security became due or after the payment was provided for.

 







 • 

The tax or governmental charge is on account of an estate, inheritance, gift, sale, transfer, personal property or similar tax or other governmental charge.

 


17






Table of Contents








 • 

The tax or governmental charge is for a tax or governmental charge that is payable in a manner that does not involve withholdings.

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







 • 

The tax or governmental charge is imposed or withheld because the holder or beneficial owner failed:

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







 • 

to provide information about the nationality, residence or identity of the holder or beneficial owner, or

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







 • 

to make a declaration or satisfy any information requirements,

SIZE="1"> 

that the statutes, treaties, regulations or administrative practices of the taxing jurisdiction require as a precondition to
exemption from all or part of such tax or governmental charge.

 







 • 

The withholding or deduction is imposed pursuant to the European Union Directive approved on June 3, 2003, regarding taxation of, and information exchange among
member states of the European Union with respect to, interest income, or any law implementing such directive.

 







 • 

The withholding or deduction is imposed on a holder or beneficial owner who could have avoided such withholding or deduction by presenting its debt securities to
another paying agent.

 







 • 

The holder is a fiduciary or partnership or an entity that is not the sole beneficial owner of the payment of the principal of, or any interest on, any security,
and the laws of the jurisdiction require the payment to be included in the income of a beneficiary or settlor for tax purposes with respect to such fiduciary or a member of such partnership or a beneficial owner who would not have been entitled to
such additional amounts had it been the holder of such security.

 

FACE="Times New Roman" SIZE="2">In addition, BP Canada will not have to pay additional amounts under either of the following circumstances:

 







 • 

The debt security is presented for payment by, or by a third party on behalf of, a holder in respect of whom such taxes or duties are required to be withheld or
deducted by reason of the holder being a person with whom BP Canada or BP are not dealing at arm’s length (within the meaning of the Income Tax Act (Canada)).

SIZE="1"> 







 • 

The debt security is presented for payment by, or by a third party on behalf of, a holder in respect of whom such taxes or duties would not have been imposed but
for the failure of the holder to comply with any requirement under relevant income tax treaties or Canadian statutes and regulations (or any administrative practice in Canada) to claim or establish entitlement to exemption from or reduction of such
taxes or duties.

 

These provisions will also
apply to any taxes or governmental charges imposed by any jurisdiction in which a successor to BP is organized. The prospectus supplement relating to the debt securities may describe additional circumstances in which BP would not be required to pay
additional amounts. (Section 1010)

 

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

We urge street name and other indirect holders to contact their banks or brokers for information about how to exercise a repayment right in a timely manner.

 

We or our affiliates may purchase debt securities from investors who are willing to sell from time to time, either in the open market at prevailing prices or in private transactions at negotiated prices. Debt securities that we or they purchase may, in our discretion, be held, resold or canceled.

 

We urge street name and other indirect holders to contact their banks
or brokers for information about how to exercise a repayment right in a timely manner.

 

FACE="Times New Roman" SIZE="2">We or our affiliates may purchase debt securities from investors who are willing to sell from time to time, either in the open market at prevailing prices or in private transactions at negotiated prices. Debt
securities that we or they purchase may, in our discretion, be held, resold or canceled.

 

FACE="Times New Roman" SIZE="2">Payment of Additional Amounts

 

FACE="Times New Roman" SIZE="2">The government of any jurisdiction where BP or BP Capital U.K. or BP Canada is incorporated may require BP, BP Capital U.K. or BP Canada to withhold or deduct amounts from payments on the principal or interest on a
debt security or any amounts to be paid under the guarantees for or on account of taxes or any other governmental charges. If the jurisdiction requires a withholding or deduction of this type, BP, BP Capital U.K. or BP Canada, as the case may be,
may be required to pay you an additional amount so that the net amount you receive will be the amount specified in the debt security to which you are entitled. However, in order for you to be entitled to receive the additional amount, you must not
be resident in the jurisdiction that requires the withholding or deduction.

 

FACE="Times New Roman" SIZE="2">BP, BP Capital U.K. or BP Canada, as the case may be, will not have to pay additional amounts under any of the following circumstances:

SIZE="1"> 







 • 

The U.S. government or any political subdivision of the U.S. government is the entity that is imposing the tax or governmental charge.


 







 • 

The tax or governmental charge is imposed due to the presentation of a debt security, if presentation is required, for payment on a date more than 30 days after the
security became due or after the payment was provided for.

 







 • 

The tax or governmental charge is on account of an estate, inheritance, gift, sale, transfer, personal property or similar tax or other governmental charge.

 


17






Table of Contents








 • 

The tax or governmental charge is for a tax or governmental charge that is payable in a manner that does not involve withholdings.

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







 • 

The tax or governmental charge is imposed or withheld because the holder or beneficial owner failed:

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







 • 

to provide information about the nationality, residence or identity of the holder or beneficial owner, or

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







 • 

to make a declaration or satisfy any information requirements,

SIZE="1"> 

that the statutes, treaties, regulations or administrative practices of the taxing jurisdiction require as a precondition to
exemption from all or part of such tax or governmental charge.

 







 • 

The withholding or deduction is imposed pursuant to the European Union Directive approved on June 3, 2003, regarding taxation of, and information exchange among
member states of the European Union with respect to, interest income, or any law implementing such directive.

 







 • 

The withholding or deduction is imposed on a holder or beneficial owner who could have avoided such withholding or deduction by presenting its debt securities to
another paying agent.

 







 • 

The holder is a fiduciary or partnership or an entity that is not the sole beneficial owner of the payment of the principal of, or any interest on, any security,
and the laws of the jurisdiction require the payment to be included in the income of a beneficiary or settlor for tax purposes with respect to such fiduciary or a member of such partnership or a beneficial owner who would not have been entitled to
such additional amounts had it been the holder of such security.

 

FACE="Times New Roman" SIZE="2">In addition, BP Canada will not have to pay additional amounts under either of the following circumstances:

 







 • 

The debt security is presented for payment by, or by a third party on behalf of, a holder in respect of whom such taxes or duties are required to be withheld or
deducted by reason of the holder being a person with whom BP Canada or BP are not dealing at arm’s length (within the meaning of the Income Tax Act (Canada)).

SIZE="1"> 







 • 

The debt security is presented for payment by, or by a third party on behalf of, a holder in respect of whom such taxes or duties would not have been imposed but
for the failure of the holder to comply with any requirement under relevant income tax treaties or Canadian statutes and regulations (or any administrative practice in Canada) to claim or establish entitlement to exemption from or reduction of such
taxes or duties.

 

These provisions will also
apply to any taxes or governmental charges imposed by any jurisdiction in which a successor to BP is organized. The prospectus supplement relating to the debt securities may describe additional circumstances in which BP would not be required to pay
additional amounts. (Section 1010)

 

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

We urge street name and other indirect holders to contact their banks or brokers for information about how to exercise a repayment right in a timely manner.

 

We or our affiliates may purchase debt securities from investors who are willing to sell from time to time, either in the open market at prevailing prices or in private transactions at negotiated prices. Debt securities that we or they purchase may, in our discretion, be held, resold or canceled.

 

We urge street name and other indirect holders to contact their banks
or brokers for information about how to exercise a repayment right in a timely manner.

 

FACE="Times New Roman" SIZE="2">We or our affiliates may purchase debt securities from investors who are willing to sell from time to time, either in the open market at prevailing prices or in private transactions at negotiated prices. Debt
securities that we or they purchase may, in our discretion, be held, resold or canceled.

 

FACE="Times New Roman" SIZE="2">Payment of Additional Amounts

 

FACE="Times New Roman" SIZE="2">The government of any jurisdiction where BP or BP Capital U.K. or BP Canada is incorporated may require BP, BP Capital U.K. or BP Canada to withhold or deduct amounts from payments on the principal or interest on a
debt security or any amounts to be paid under the guarantees for or on account of taxes or any other governmental charges. If the jurisdiction requires a withholding or deduction of this type, BP, BP Capital U.K. or BP Canada, as the case may be,
may be required to pay you an additional amount so that the net amount you receive will be the amount specified in the debt security to which you are entitled. However, in order for you to be entitled to receive the additional amount, you must not
be resident in the jurisdiction that requires the withholding or deduction.

 

FACE="Times New Roman" SIZE="2">BP, BP Capital U.K. or BP Canada, as the case may be, will not have to pay additional amounts under any of the following circumstances:

SIZE="1"> 







 • 

The U.S. government or any political subdivision of the U.S. government is the entity that is imposing the tax or governmental charge.


 







 • 

The tax or governmental charge is imposed due to the presentation of a debt security, if presentation is required, for payment on a date more than 30 days after the
security became due or after the payment was provided for.

 







 • 

The tax or governmental charge is on account of an estate, inheritance, gift, sale, transfer, personal property or similar tax or other governmental charge.

 


17






Table of Contents








 • 

The tax or governmental charge is for a tax or governmental charge that is payable in a manner that does not involve withholdings.

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







 • 

The tax or governmental charge is imposed or withheld because the holder or beneficial owner failed:

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







 • 

to provide information about the nationality, residence or identity of the holder or beneficial owner, or

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







 • 

to make a declaration or satisfy any information requirements,

SIZE="1"> 

that the statutes, treaties, regulations or administrative practices of the taxing jurisdiction require as a precondition to
exemption from all or part of such tax or governmental charge.

 







 • 

The withholding or deduction is imposed pursuant to the European Union Directive approved on June 3, 2003, regarding taxation of, and information exchange among
member states of the European Union with respect to, interest income, or any law implementing such directive.

 







 • 

The withholding or deduction is imposed on a holder or beneficial owner who could have avoided such withholding or deduction by presenting its debt securities to
another paying agent.

 







 • 

The holder is a fiduciary or partnership or an entity that is not the sole beneficial owner of the payment of the principal of, or any interest on, any security,
and the laws of the jurisdiction require the payment to be included in the income of a beneficiary or settlor for tax purposes with respect to such fiduciary or a member of such partnership or a beneficial owner who would not have been entitled to
such additional amounts had it been the holder of such security.

 

FACE="Times New Roman" SIZE="2">In addition, BP Canada will not have to pay additional amounts under either of the following circumstances:

 







 • 

The debt security is presented for payment by, or by a third party on behalf of, a holder in respect of whom such taxes or duties are required to be withheld or
deducted by reason of the holder being a person with whom BP Canada or BP are not dealing at arm’s length (within the meaning of the Income Tax Act (Canada)).

SIZE="1"> 







 • 

The debt security is presented for payment by, or by a third party on behalf of, a holder in respect of whom such taxes or duties would not have been imposed but
for the failure of the holder to comply with any requirement under relevant income tax treaties or Canadian statutes and regulations (or any administrative practice in Canada) to claim or establish entitlement to exemption from or reduction of such
taxes or duties.

 

These provisions will also
apply to any taxes or governmental charges imposed by any jurisdiction in which a successor to BP is organized. The prospectus supplement relating to the debt securities may describe additional circumstances in which BP would not be required to pay
additional amounts. (Section 1010)

 

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

We urge street name and other indirect holders to contact their banks or brokers for information about how to exercise a repayment right in a timely manner.

 

We or our affiliates may purchase debt securities from investors who are willing to sell from time to time, either in the open market at prevailing prices or in private transactions at negotiated prices. Debt securities that we or they purchase may, in our discretion, be held, resold or canceled.

 

We urge street name and other indirect holders to contact their banks
or brokers for information about how to exercise a repayment right in a timely manner.

 

FACE="Times New Roman" SIZE="2">We or our affiliates may purchase debt securities from investors who are willing to sell from time to time, either in the open market at prevailing prices or in private transactions at negotiated prices. Debt
securities that we or they purchase may, in our discretion, be held, resold or canceled.

 

FACE="Times New Roman" SIZE="2">Payment of Additional Amounts

 

FACE="Times New Roman" SIZE="2">The government of any jurisdiction where BP or BP Capital U.K. or BP Canada is incorporated may require BP, BP Capital U.K. or BP Canada to withhold or deduct amounts from payments on the principal or interest on a
debt security or any amounts to be paid under the guarantees for or on account of taxes or any other governmental charges. If the jurisdiction requires a withholding or deduction of this type, BP, BP Capital U.K. or BP Canada, as the case may be,
may be required to pay you an additional amount so that the net amount you receive will be the amount specified in the debt security to which you are entitled. However, in order for you to be entitled to receive the additional amount, you must not
be resident in the jurisdiction that requires the withholding or deduction.

 

FACE="Times New Roman" SIZE="2">BP, BP Capital U.K. or BP Canada, as the case may be, will not have to pay additional amounts under any of the following circumstances:

SIZE="1"> 







 • 

The U.S. government or any political subdivision of the U.S. government is the entity that is imposing the tax or governmental charge.


 







 • 

The tax or governmental charge is imposed due to the presentation of a debt security, if presentation is required, for payment on a date more than 30 days after the
security became due or after the payment was provided for.

 







 • 

The tax or governmental charge is on account of an estate, inheritance, gift, sale, transfer, personal property or similar tax or other governmental charge.

 


17






Table of Contents








 • 

The tax or governmental charge is for a tax or governmental charge that is payable in a manner that does not involve withholdings.

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







 • 

The tax or governmental charge is imposed or withheld because the holder or beneficial owner failed:

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







 • 

to provide information about the nationality, residence or identity of the holder or beneficial owner, or

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







 • 

to make a declaration or satisfy any information requirements,

SIZE="1"> 

that the statutes, treaties, regulations or administrative practices of the taxing jurisdiction require as a precondition to
exemption from all or part of such tax or governmental charge.

 







 • 

The withholding or deduction is imposed pursuant to the European Union Directive approved on June 3, 2003, regarding taxation of, and information exchange among
member states of the European Union with respect to, interest income, or any law implementing such directive.

 







 • 

The withholding or deduction is imposed on a holder or beneficial owner who could have avoided such withholding or deduction by presenting its debt securities to
another paying agent.

 







 • 

The holder is a fiduciary or partnership or an entity that is not the sole beneficial owner of the payment of the principal of, or any interest on, any security,
and the laws of the jurisdiction require the payment to be included in the income of a beneficiary or settlor for tax purposes with respect to such fiduciary or a member of such partnership or a beneficial owner who would not have been entitled to
such additional amounts had it been the holder of such security.

 

FACE="Times New Roman" SIZE="2">In addition, BP Canada will not have to pay additional amounts under either of the following circumstances:

 







 • 

The debt security is presented for payment by, or by a third party on behalf of, a holder in respect of whom such taxes or duties are required to be withheld or
deducted by reason of the holder being a person with whom BP Canada or BP are not dealing at arm’s length (within the meaning of the Income Tax Act (Canada)).

SIZE="1"> 







 • 

The debt security is presented for payment by, or by a third party on behalf of, a holder in respect of whom such taxes or duties would not have been imposed but
for the failure of the holder to comply with any requirement under relevant income tax treaties or Canadian statutes and regulations (or any administrative practice in Canada) to claim or establish entitlement to exemption from or reduction of such
taxes or duties.

 

These provisions will also
apply to any taxes or governmental charges imposed by any jurisdiction in which a successor to BP is organized. The prospectus supplement relating to the debt securities may describe additional circumstances in which BP would not be required to pay
additional amounts. (Section 1010)

 

EXCERPTS ON THIS PAGE:

424B5 (2 sections)
Mar 13, 2009
424B5 (2 sections)
Mar 6, 2009
424B5 (2 sections)
Nov 5, 2008
424B5 (2 sections)
Mar 13, 2008

RELATED TOPICS for BP:

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