Company: CL
Filing Date: 2025-04-28
Form Type: 424B2
Source: 0001104659-25-039840
Chunk: 53

Company: COLGATE PALMOLIVE CO
Filing Date: 2025-04-28
Form: 424B2
Chunk 53
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 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, debentures, notes or other similar instruments, (3) obligations to
pay the deferred purchase price of property or services (other than accounts payable in the ordinary course of business), (4) obligations
as a lessee under leases which shall have been or should be, in accordance with generally accepted accounting principles, recorded as
capital leases, and (5) obligations under direct or indirect guaranties in respect of, and obligations (contingent or otherwise)
to purchase or otherwise acquire, or otherwise to assure a creditor against loss in respect of, indebtedness or obligations of others
of the kinds referred to in clauses (1) through (4) above.

“Domestic Subsidiary” means any Subsidiary
a majority of the business of which is conducted within the United States of America, or a majority of the properties and assets of which
are located within the United States of America, except any Subsidiary whose assets consist substantially of the securities of Subsidiaries
which are not Domestic Subsidiaries.

“Instruments” of any corporation
means and includes (1) all capital stock of all classes of and all other equity interests in such corporation and