Company: CL
Filing Date: 2025-04-30
Form Type: 424B2
Source: 0001104659-25-042488
Chunk: 52

Company: COLGATE PALMOLIVE CO
Filing Date: 2025-04-30
Form: 424B2
Chunk 52
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 prosecuting an appeal or proceedings for review and with respect 
 to which it shall have secured a stay of execution pending such appeal or proceedings for       
 review;                                                                                         |

| · | Liens                                                                                          
 securing the payment of taxes, assessments and governmental charges or levies, either (1) not  
 delinquent or (2) being contested in good faith by appropriate legal or administrative         
 proceedings and as to which we or a Principal Domestic Subsidiary, as the case may be, to      
 the extent required by generally accepted accounting principles applied on a consistent basis, 
 shall have set aside on its books adequate reserves;                                           |

| · | minor                                                                                           
 survey exceptions, minor encumbrances, easements or reservations of, or rights of others        
 for, rights of way, sewers, electric lines, telegraph and telephone lines and other similar     
 purposes and zoning or other restrictions as to the use of any Principal Domestic Manufacturing 
 Property, which exceptions, encumbrances, easements, reservations, rights and restrictions      
 do not, in our opinion, in the aggregate materially detract from the value of such Principal    
 Domestic Manufacturing Property or materially impair its use in the operation of our business   
 and that of our Principal Domestic Subsidiaries; and                                            |

| · | any                                                                                               
 Lien on Restricted Property not referred to above if, at the time such Lien is created, incurred, 
 assumed or suffered to be created, incurred or assumed, and after giving effect thereto and       
 to the Debt secured or evidenced thereby, the aggregate amount of all our outstanding Debt        
 together with that of our Principal Domestic Subsidiaries secured or evidenced by Liens on        
 Restricted Property which are not referred to above and which do not equally and ratably          
 secure the debt securities, shall not exceed 15% of Consolidated Net Tangible Assets.             |

“Consolidated Net Tangible Assets”
means the aggregate amount of assets (less applicable reserves and other properly deductible items) after deducting therefrom (1) all
current liabilities and (2) all goodwill, trade names, trademarks, patents, unamortized debt discount and expense and other like
intangibles of ours and our consolidated subsidiaries, all as set forth on the most recent balance sheet of ours and our consolidated
subsidiaries prepared in accordance with generally accepted accounting principles as practiced in the United States.

“Debt” means (1) indebtedness
for borrowed money, (2) obligations evidenced by bonds,