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Indenture

 

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Title:

Indenture

Entities:

Cede & Co.; Lowe’s Companies, Inc.; Bank of New York; Merrill Lynch & Co., Inc.

Date:

2001

Size:

Preview shows 12KB of 287KB total

Price:

$95

ID:

#313654

 

 

► Financing ► Indentures
► Miscellany ► Fortune 100
► Financial
► Financial ► Investment Services
► Financial ► Money Center Banks
► Retail

 

 

Start of Preview


                        Liquid Yield Option (TM) Notes


due 2021

(Zero Coupon-Senior)

____________________________________________________________

INDENTURE

Dated as of February 16, 2001

____________________________________________________________

THE BANK OF NEW YORK

TRUSTEE

____________________________________________________________

(TM) Trademark of Merrill Lynch & Co., Inc.
{PAGE}

CROSS REFERENCE TABLE*


TIA Section Indenture Section
310(a)(1)......................... 7.10
(a)(2)......................... 7.10
(a)(3)......................... N.A.
(a)(4)......................... N.A.
(b)............................ 7.08; 7.10
(c)............................ N.A.
311(a)............................ 7.11
(b)............................ 7.11
(c)............................ N.A.
312(a)............................ 2.05
(b)............................ 12.03
(c)............................ 12.03
313(a)............................ 7.06
(b)(1)......................... N.A.
(b)(2)......................... 7.06
(c)............................ 12.02
(d)............................ 7.06
314(a)............................ 4.02; 4.03; 12.02
(b)............................ N.A.
(c)(1)......................... 12.04
(c)(2)......................... 12.04
(c)(3)......................... N.A.
(d)............................ N.A.
(e)............................ 12.05
(f)............................ N.A.
315(a)............................ 7.01
(b)............................ 7.05; 12.02
(c)............................ 7.01
(d)............................ 7.01
(e)............................ 6.11
316(a) (last sentence)............ 2.08
(a)(1)(A)...................... 6.05
(a)(1)(B)...................... 6.04
(a)(2)......................... N.A.
(b)............................ 6.07
317(a)(1)......................... 6.08
(a)(2)......................... 6.09
(b)............................ 2.04
318(a)............................ 12.01

N.A. means Not Applicable.

____________________
* Note: This Cross Reference Table shall not, for any purpose, be deemed to
be part of the Indenture.
{PAGE}

TABLE OF CONTENTS*

{TABLE}
{CAPTION}
Page

ARTICLE 1
DEFINITIONS AND INCORPORATION BY REFERENCE


{S} {C}
SECTION 1.01 Definitions.................................................................................. 1
SECTION 1.02 Other Definitions............................................................................ 5
SECTION 1.03 Incorporation by Reference of Trust Indenture Act............................................ 6
SECTION 1.04 Rules of Construction........................................................................ 7
SECTION 1.05 Acts of Holders.............................................................................. 7

ARTICLE 2
THE SECURITIES

SECTION 2.01 Form and Dating.............................................................................. 8
SECTION 2.02 Execution and Authentication................................................................. 10
SECTION 2.03 Registrar, Paying Agent and Conversion Agent................................................. 10
SECTION 2.04 Paying Agent to Hold Money and Securities in Trust........................................... 11
SECTION 2.05 Securityholder Lists......................................................................... 11
SECTION 2.06 Transfer and Exchange........................................................................ 11
SECTION 2.07 Replacement Securities....................................................................... 13
SECTION 2.08 Outstanding Securities; Determinations of Holders' Action.................................... 13
SECTION 2.09 Temporary Securities......................................................................... 14
SECTION 2.10 Cancellation................................................................................. 14
SECTION 2.11 Persons Deemed Owners........................................................................ 15
SECTION 2.12 Global Securities............................................................................ 15
SECTION 2.13 CUSIP Numbers................................................................................ 20

ARTICLE 3
REDEMPTION AND PURCHASES

SECTION 3.01 Right to Redeem; Notices to Trustee.......................................................... 20
SECTION 3.02 Selection of Securities to Be Redeemed....................................................... 20
SECTION 3.03 Notice of Redemption......................................................................... 21
SECTION 3.04 Effect of Notice of Redemption............................................................... 21
SECTION 3.05 Deposit of Redemption Price.................................................................. 22
SECTION 3.06 Securities Redeemed in Part.................................................................. 22
SECTION 3.07 Conversion Arrangement on Call for Redemption................................................ 22
SECTION 3.08 Purchase of Securities at Option of the Holder............................................... 23
SECTION 3.09 Purchase of Securities at Option of the Holder upon Change in Control........................ 29
SECTION 3.10 Effect of Purchase Notice or Change in Control Purchase Notice............................... 32
{/TABLE}

___________________________
* Note: This Table of Contents shall not, for any purpose, be deemed to be
part of the Indenture.

i
{PAGE}

{TABLE}
{S} {C}
SECTION 3.11 Deposit of Purchase Price or Change in Control Purchase Price................................ 33
SECTION 3.12 Securities Purchased in Part................................................................. 33
SECTION 3.13 Covenant to Comply with Securities Laws upon Purchase of Securities.......................... 33
SECTION 3.14 Repayment to the Company..................................................................... 33

ARTICLE 4
COVENANTS

SECTION 4.01 Payment of Securities........................................................................ 34
SECTION 4.02 SEC and Other Reports........................................................................ 34
SECTION 4.03 Compliance Certificate....................................................................... 35
SECTION 4.04 Further Instruments and Acts................................................................. 35
SECTION 4.05 Maintenance of Office or Agency.............................................................. 35
SECTION 4.06 Delivery of Certain Information.............................................................. 35
SECTION 4.07 Calculation of Original Issue Discount....................................................... 36

ARTICLE 5
SUCCESSOR CORPORATION

SECTION 5.01 When Company May Merge or Transfer Assets.................................................... 36

ARTICLE 6
DEFAULTS AND REMEDIES

SECTION 6.01 Events of Default............................................................................ 37
SECTION 6.02 Acceleration................................................................................. 38
SECTION 6.03 Other Remedies............................................................................... 39
SECTION 6.04 Waiver of Past Defaults...................................................................... 39
SECTION 6.05 Control by Majority.......................................................................... 39
SECTION 6.06 Limitation on Suits.......................................................................... 40
SECTION 6.07 Rights of Holders to Receive Payment......................................................... 40
SECTION 6.08 Collection Suit by Trustee................................................................... 40
SECTION 6.09 Trustee May File Proofs of Claim............................................................. 40
SECTION 6.10 Priorities................................................................................... 41
SECTION 6.11 Undertaking for Costs........................................................................ 42
SECTION 6.12 Waiver of Stay, Extension or Usury Laws...................................................... 42

ARTICLE 7
TRUSTEE

SECTION 7.01 Duties of Trustee............................................................................ 42
SECTION 7.02 Rights of Trustee............................................................................ 43

 

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