Document:

EX-4.6

 Exhibit 4.6 
  

 
 NEXTERA ENERGY PARTNERS, LP

 TO 

                    , 

as Trustee 
  

 
 Indenture

 (For Unsecured [1Senior]
[2Subordinated] Debt Securities) 
 Dated as
of                     
  

 
  

	1 	For use in connection with senior debt securities. 

	2 	For use in connection with subordinated debt securities. 

 TABLE OF CONTENTS 

 

							
	 RECITAL OF THE COMPANY
	  	 	1	 
			
	 ARTICLE ONE
	  	DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION	  	 	1	 
			
	 SECTION 101.
	  	Rules of Construction; Definitions.	  	 	1	 
	 SECTION 102.
	  	Incorporation by Reference of Trust Indenture Act.	  	 	9	 
	 SECTION 103.
	  	Compliance Certificates and Opinions.	  	 	9	 
	 SECTION 104.
	  	Form of Documents Delivered to Trustee.	  	 	9	 
	 SECTION 105.
	  	Acts of Holders.	  	 	10	 
	 SECTION 106.
	  	Notices, Etc. to Trustee and Company.	  	 	11	 
	 SECTION 107.
	  	Notice to Holders; Waiver.	  	 	12	 
	 SECTION 108.
	  	Conflict with Trust Indenture Act.	  	 	13	 
	 SECTION 109.
	  	Effect of Headings and Table of Contents.	  	 	13	 
	 SECTION 110.
	  	Successors and Assigns.	  	 	13	 
	 SECTION 111.
	  	Separability Clause.	  	 	13	 
	 SECTION 112.
	  	Benefits of Indenture.	  	 	13	 
	 SECTION 113.
	  	Waiver of Jury Trial.	  	 	13	 
	 SECTION 114.
	  	Governing Law.	  	 	13	 
	 SECTION 115.
	  	Legal Holidays.	  	 	14	 
	 SECTION 116.
	  	Foreign Account Tax Compliance Act (FATCA).	  	 	14	 
			
	 ARTICLE TWO
	  	SECURITY FORMS	  	 	14	 
			
	 SECTION 201.
	  	Forms Generally.	  	 	14	 
	 SECTION 202.
	  	Global Securities.	  	 	15	 
	 SECTION 203.
	  	Form of Trustee’s Certificate of Authentication.	  	 	15	 
			
	 ARTICLE THREE
	  	THE SECURITIES	  	 	16	 
			
	 SECTION 301.
	  	Amount Unlimited; Issuable in Series.	  	 	16	 
	 SECTION 302.
	  	Denominations.	  	 	19	 
	 SECTION 303.
	  	Execution, Authentication, Delivery and Dating.	  	 	19	 
	 SECTION 304.
	  	Temporary Securities.	  	 	21	 
	 SECTION 305.
	  	Registration, Registration of Transfer and Exchange.	  	 	22	 
	 SECTION 306.
	  	Mutilated, Destroyed, Lost and Stolen Securities.	  	 	24	 
	 SECTION 307.
	  	Payment of Interest; Interest Rights Preserved.	  	 	25	 
	 SECTION 308.
	  	Persons Deemed Owners.	  	 	26	 
	 SECTION 309.
	  	Cancellation by Security Registrar.	  	 	26	 
	 SECTION 310.
	  	Computation of Interest.	  	 	26	 
	 SECTION 311.
	  	Payment to Be in Proper Currency.	  	 	26	 
	 SECTION 312.
	  	[2Extension of Interest Payment.	  	 	27	 
			
	 ARTICLE FOUR
	  	REDEMPTION OF SECURITIES	  	 	27	 
			
	 SECTION 401.
	  	Applicability of ARTICLE.	  	 	27	 
	 SECTION 402.
	  	Election to Redeem; Notice to Trustee.	  	 	27	 
	 SECTION 403.
	  	Selection of Securities to Be Redeemed.	  	 	27	 
	 SECTION 404.
	  	Notice of Redemption.	  	 	28	 
	 SECTION 405.
	  	Securities Payable on Redemption Date.	  	 	29	 
	 SECTION 406.
	  	Securities Redeemed in Part.	  	 	29	 
			
	 ARTICLE FIVE
	  	SINKING FUNDS	  	 	30	 

							
	 SECTION 501.
	  	Applicability of ARTICLE.	  	 	30	 
	 SECTION 502.
	  	Satisfaction of Sinking Fund Payments with Securities.	  	 	30	 
	 SECTION 503.
	  	Redemption of Securities for Sinking Fund.	  	 	30	 
			
	 ARTICLE SIX
	  	COVENANTS	  	 	31	 
			
	 SECTION 601.
	  	Payment of Principal, Premium and Interest.	  	 	31	 
	 SECTION 602.
	  	Maintenance of Office or Agency.	  	 	31	 
	 SECTION 603.
	  	Money for Securities Payments to Be Held in Trust.	  	 	32	 
	 SECTION 604.
	  	Corporate Existence.	  	 	33	 
	 SECTION 605.
	  	Annual Officer’s Certificate as to Compliance.	  	 	33	 
	 SECTION 606.
	  	Waiver of Certain Covenants.	  	 	33	 
			
	 ARTICLE SEVEN
	  	SATISFACTION AND DISCHARGE	  	 	34	 
			
	 SECTION 701.
	  	Satisfaction and Discharge of Securities.	  	 	34	 
	 SECTION 702.
	  	Satisfaction and Discharge of Indenture.	  	 	36	 
	 SECTION 703.
	  	Conditions to Legal Defeasance.	  	 	37	 
	 SECTION 704.
	  	Application of Trust Money.	  	 	37	 
			
	 ARTICLE EIGHT
	  	EVENTS OF DEFAULT; REMEDIES	  	 	37	 
			
	 SECTION 801.
	  	Events of Default.	  	 	37	 
	 SECTION 802.
	  	Acceleration of Maturity; Rescission and Annulment.	  	 	39	 
	 SECTION 803.
	  	Collection of Indebtedness and Suits for Enforcement by Trustee.	  	 	40	 
	 SECTION 804.
	  	Trustee May File Proofs of Claim.	  	 	40	 
	 SECTION 805.
	  	Trustee May Enforce Claims Without Possession of Securities.	  	 	41	 
	 SECTION 806.
	  	Application of Money Collected.	  	 	41	 
	 SECTION 807.
	  	Limitation on Suits.	  	 	41	 
	 SECTION 808.
	  	Unconditional Right of Holders to Receive Principal, Premium and Interest.	  	 	42	 
	 SECTION 809.
	  	Restoration of Rights and Remedies.	  	 	42	 
	 SECTION 810.
	  	Rights and Remedies Cumulative.	  	 	42	 
	 SECTION 811.
	  	Delay or Omission Not Waiver.	  	 	43	 
	 SECTION 812.
	  	Control by Holders of Securities.	  	 	43	 
	 SECTION 813.
	  	Waiver of Past Defaults.	  	 	43	 
	 SECTION 814.
	  	Undertaking for Costs.	  	 	43	 
	 SECTION 815.
	  	Waiver of Stay or Extension Laws.	  	 	44	 
			
	 ARTICLE NINE
	  	THE TRUSTEE	  	 	44	 
			
	 SECTION 901.
	  	Certain Duties and Responsibilities.	  	 	44	 
	 SECTION 902.
	  	Notice of Defaults.	  	 	45	 
	 SECTION 903.
	  	Certain Rights of Trustee.	  	 	46	 
	 SECTION 904.
	  	Not Responsible for Recitals or Issuance of Securities.	  	 	47	 
	 SECTION 905.
	  	May Hold Securities.	  	 	48	 
	 SECTION 906.
	  	Money Held in Trust.	  	 	48	 
	 SECTION 907.
	  	Compensation and Reimbursement.	  	 	48	 
	 SECTION 908.
	  	Disqualification; Conflicting Interests.	  	 	49	 
	 SECTION 909.
	  	Corporate Trustee Required; Eligibility.	  	 	49	 
	 SECTION 910.
	  	Resignation and Removal; Appointment of Successor.	  	 	49	 
	 SECTION 911.
	  	Acceptance of Appointment by Successor.	  	 	51	 
	 SECTION 912.
	  	Merger, Conversion, Consolidation or Succession to Business.	  	 	52	 
	 SECTION 913.
	  	Preferential Collection of Claims Against Company.	  	 	52	 
	 SECTION 914.
	  	Co-trustees and Separate Trustees.	  	 	52	 

							
	 SECTION 915.
	  	Appointment of Authenticating Agent.	  	 	53	 
			
	 ARTICLE TEN
	  	HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY	  	 	55	 
			
	 SECTION 1001.
	  	Lists of Holders.	  	 	55	 
	 SECTION 1002.
	  	Reports by Trustee and Company.	  	 	55	 
			
	 ARTICLE ELEVEN
	  	CONSOLIDATION, MERGER, CONVEYANCE OR OTHER TRANSFER	  	 	56	 
			
	 SECTION 1101.
	  	Company May Consolidate, Etc., Only on Certain Terms.	  	 	56	 
	 SECTION 1102.
	  	Successor Entity Substituted.	  	 	56	 
			
	 ARTICLE TWELVE
	  	SUPPLEMENTAL INDENTURES	  	 	57	 
			
	 SECTION 1201.
	  	Supplemental Indentures Without Consent of Holders.	  	 	57	 
	 SECTION 1202.
	  	Supplemental Indentures With Consent of Holders.	  	 	58	 
	 SECTION 1203.
	  	Execution of Supplemental Indentures.	  	 	59	 
	 SECTION 1204.
	  	Effect of Supplemental Indentures.	  	 	60	 
	 SECTION 1205.
	  	Conformity With Trust Indenture Act.	  	 	60	 
	 SECTION 1206.
	  	Reference in Securities to Supplemental Indentures.	  	 	60	 
	 SECTION 1207.
	  	Modification Without Supplemental Indenture.	  	 	60	 
			
	 ARTICLE THIRTEEN
	  	MEETINGS OF HOLDERS; ACTION WITHOUT MEETING	  	 	60	 
			
	 SECTION 1301.
	  	Purposes for Which Meetings May Be Called.	  	 	60	 
	 SECTION 1302.
	  	Call, Notice and Place of Meetings.	  	 	61	 
	 SECTION 1303.
	  	Persons Entitled to Vote at Meetings.	  	 	61	 
	 SECTION 1304.
	  	Quorum; Action.	  	 	61	 
	 SECTION 1305.
	  	Attendance at Meetings; Determination of Voting Rights; Conduct and Adjournment of Meetings.	  	 	62	 
	 SECTION 1306.
	  	Counting Votes and Recording Action of Meetings.	  	 	63	 
	 SECTION 1307.
	  	Action Without Meeting.	  	 	63	 
			
	 ARTICLE FOURTEEN 
	  	[2SUBORDINATION OF SECURITIES	  	 	63	 
			
	 SECTION 1401.
	  	Securities Subordinate to Senior Indebtedness of the Company.	  	 	63	 
	 SECTION 1402.
	  	Payment Over of Proceeds of Securities.	  	 	64	 
	 SECTION 1403.
	  	Disputes with Holders of Certain Senior Indebtedness.	  	 	65	 
	 SECTION 1404.
	  	Subrogation.	  	 	66	 
	 SECTION 1405.
	  	Obligation of the Company Unconditional.	  	 	66	 
	 SECTION 1406.
	  	Priority of Senior Indebtedness Upon Maturity.	  	 	67	 
	 SECTION 1407.
	  	Trustee as Holder of Senior Indebtedness.	  	 	67	 
	 SECTION 1408.
	  	Notice to Trustee to Effectuate Subordination.	  	 	67	 
	 SECTION 1409.
	  	Modification, Extension, etc. of Senior Indebtedness.	  	 	67	 
	 SECTION 1410.
	  	Trustee Has No Fiduciary Duty to Holders of Senior Indebtedness.	  	 	68	 
	 SECTION 1411.
	  	Paying Agents Other Than the Trustee.	  	 	68	 
	 SECTION 1412.
	  	Rights of Holders of Senior Indebtedness Not Impaired.	  	 	68	 
	 SECTION 1413.
	  	Effect of Subordination Provisions; Termination.	  	 	68	 
			
	 ARTICLE FIFTEEN
	  	IMMUNITY OF INCORPORATORS, UNITHOLDERS, STOCKHOLDERS, MEMBERS, PARTNERS, OFFICERS, MANAGERS, EMPLOYEES AND DIRECTORS	  	 	68	 
			
	 SECTION 1501.
	  	No Individual Liability.	  	 	68	 

 NEXTERA ENERGY PARTNERS, LP 

Reconciliation and tie between Trust Indenture Act of 1939 

and Indenture, dated as of              

 

					
	 Trust Indenture Act Section
	  	 Indenture Section

	 §310
	  	(a)(1)	  	909
		  	(a)(2)	  	909
		  	(a)(3)	  	914(b)
		  	(a)(4)	  	Not Applicable
		  	(a)(5)	  	909
		  	(b)	  	908
		  		  	910
	 §311
	  	(a)	  	913
		  	(b)	  	913
	 §312
	  	(a)	  	1001
		  	(b)	  	1001
		  	(c)	  	1001
	 §313
	  	(a)	  	1002
		  	(b)	  	1002
		  	(c)	  	1002
		  	(d)	  	1002
	 §314
	  	(a)	  	1002
		  	(a)(4)	  	605
		  	(b)	  	Not Applicable
		  	(c)(1)	  	103
		  	(c)(2)	  	103
		  	(c)(3)	  	Not Applicable
		  	(d)	  	Not Applicable
		  	(e)	  	103
	 §315
	  	(a)	  	901
		  		  	903
		  	(b)	  	902
		  	(c)	  	901
		  	(d)	  	901
		  	(e)	  	814
	 §316
	  	(a)	  	812
		  		  	813
		  	(a)(1)(A)	  	802
		  		  	812
		  	(a)(1)(B)	  	813
		  	(a)(2)	  	Not Applicable
		  	(b)	  	808
		  	(c)	  	105(g)
	 §317
	  	(a)(1)	  	803
		  	(a)(2)	  	804
		  	(b)	  	603
	 §318
	  	(a)	  	108

 INDENTURE, dated as of
            , between NEXTERA ENERGY PARTNERS, LP, a limited partnership duly organized and existing under the laws of the State of Delaware (herein called the
“Company”), having its principal office at 700 Universe Boulevard, Juno Beach, Florida 33408, and             , a
            , having its principal corporate trust office at             ,
            ,                      , as Trustee (herein called the
“Trustee”). 
 RECITAL OF THE COMPANY 

The Company has duly authorized the execution and delivery of this Indenture to provide for the issuance from time to time of its unsecured [1senior] [2subordinated] debentures, notes or other evidences of indebtedness (herein called the “Securities”), in an unlimited
aggregate principal amount to be issued in one or more series as contemplated herein; and all acts necessary to make this Indenture a valid agreement of the Company have been performed. 

For all purposes of this Indenture, except as otherwise expressly provided or unless the context otherwise requires, capitalized terms used
herein shall have the meanings assigned to them in ARTICLE One of this Indenture. 
 NOW, THEREFORE, THIS INDENTURE
WITNESSETH: 
 For and in consideration of the premises and the purchase of the Securities by the Holders thereof, it is mutually covenanted
and agreed, for the equal and proportionate benefit of all Holders of the Securities or of any series thereof, as follows: 
 ARTICLE ONE

 Definitions and Other Provisions of General Application 

 

	SECTION 101.	Rules of Construction; Definitions. 

 For all purposes of this Indenture, except as
otherwise expressly provided or unless the context otherwise requires: 
 (a) the terms defined in this ARTICLE have the
meanings assigned to them in this ARTICLE and include the plural as well as the singular; 
 (b) all terms used herein
without definition which are defined in the Trust Indenture Act, either directly or by reference therein, or defined by a Commission rule under the Trust Indenture Act, have the meanings assigned to them therein; 

(c) all accounting terms not otherwise defined herein have the meanings assigned to them in accordance with GAAP in the United
States, and, except as otherwise herein expressly provided, the term “GAAP” with respect to any computation required or permitted hereunder shall mean such accounting principles as are generally accepted in the United States at the
date of such computation or, at the election of the Company from time to time, at the date of the execution and delivery of this Indenture; provided, however, that in determining GAAP applicable to the Company, the
Company shall, to the extent required, conform to any order, rule or regulation of any administrative agency, regulatory authority or other governmental body having jurisdiction over the Company; and 

  
 1 

 (d) the words “herein”, “hereof” and
“hereunder” and other words of similar import refer to this Indenture as a whole and not to any particular ARTICLE, Section or other subdivision. 

Certain terms, used principally in ARTICLE Nine, are defined in that ARTICLE. 

“Act”, when used with respect to any Holder of a Security, has the meaning specified in
Section 105. 
 “Affiliate” of any specified Person means any other Person
directly or indirectly controlling or controlled by or under direct or indirect common control with such specified Person. For the purposes of this definition, “control,” when used with respect to any specified Person, means the power to
direct the management or policies of such Person, directly or through one or more intermediaries, whether through the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have
correlative meanings. 
 “Applicable Law” means, as to any Person, any law, rule, regulation, ordinance or treaty, or any
determination, ruling or other directive by or from a court, arbitrator, governmental authority, independent system operator, or any other entity succeeding thereto, in each case applicable to or binding on such Person or any of its property or
assets or to which such Person or any of its property or assets is subject. 
 “Authenticating Agent” means any Person
(other than the Company or an Affiliate of the Company) authorized by the Trustee to act on behalf of the Trustee to authenticate one or more series of Securities. 

“Authorized Officer” means the Chairman of the Board, the Chief Executive Officer, the Chief Financial Officer, the Chief
Accounting Officer, the General Counsel, the President, any Vice President, the Treasurer, the Corporate Secretary, any Assistant Treasurer, the Secretary, any Assistant Secretary or any other duly authorized officer of the Company. 

“Beneficial Owner” has the meaning assigned to such term in Rule 13d-3 and Rule 13d-5 under the Exchange Act. The terms “Beneficial Ownership,” “Beneficially Owns” and “Beneficially Owned” have a corresponding meaning. 

“Board of Directors” means: 

(1) with respect to the Company, either the board of directors of the Company or any committee thereof duly authorized to act in respect of
matters relating to this Indenture; 
 (2) with respect to a corporation, the board of directors of the corporation or any committee thereof
duly authorized to act on behalf of such board; 
 (3) with respect to a limited liability company, the managing member or members or any
controlling committee of managing members thereof; and 
 (4) with respect to any other Person, the board or committee of such Person
serving a similar function. 

  
 2 

 “Board Resolution” means a copy of a resolution certified by the Secretary
or an Assistant Secretary of the Company to have been duly adopted by the Board of Directors and to be in full force and effect on the date of such certification, and delivered to the Trustee. 

“Business Day”, when used with respect to a Place of Payment or any other particular location specified in the Securities or
this Indenture, means any day, other than a Saturday or Sunday, which is not a day on which banking institutions or trust companies in such Place of Payment or other location are generally authorized or required by law, regulation or executive order
to remain closed, except as may be otherwise specified as contemplated by Section 301. 

“Capital Stock” means: 

(1) in the case of a corporation, corporate stock; 

(2) in the case of an association or business entity, any and all shares, interests, participations, rights or other equivalents (however
designated) of corporate stock; 
 (3) in the case of a partnership or limited liability company, partnership interests (whether general or
limited) or membership interests; and 
 (4) any other interest or participation that confers on a Person the right to receive a share of
the profits and losses of, or distributions of assets of, the issuing Person, but excluding from all of the foregoing any debt securities convertible into Capital Stock, whether or not such debt securities include any right of participation with
Capital Stock. 
 “Code” has the meaning specified in Section 116. 

“Commission” means the Securities and Exchange Commission, as from time to time constituted, created under the Exchange Act,
or, if at any time after the date of execution and delivery of this Indenture such Commission is not existing and performing the duties now assigned to it under the Trust Indenture Act, then the body, if any, performing such duties at such time.

 “Company” means the Person named as the “Company” in the first paragraph of this Indenture until
a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Company” shall mean such successor Person. 

“Company Request” or “Company Order” means a written request or order signed in the name of the Company by
an Authorized Officer and delivered to the Trustee. 
 “Corporate Trust Office” means the office of the Trustee at which at
any particular time its corporate trust business shall be principally administered, which office at the date of execution and delivery of this Indenture is located at             ,
            ,                          . 

“Corporation” means a corporation, association, company, limited liability company, joint stock company or business trust.

 “Defaulted Interest” has the meaning specified in Section 307. 

“Definitive Security” means a Security other than a Global Security or a temporary Security. 

  
 3 

 “Depositary” means The Depository Trust Company, or any successor thereto.

 “Discount Security” means any Security that provides for an amount less than the principal amount thereof to be due and
payable upon a declaration of acceleration of the Maturity thereof pursuant to Section 802. The term “interest” with respect to a Discount Security means interest, if any, borne by such
Security at a Stated Interest Rate. 
 “Dollar” or “$” means a dollar or other equivalent unit in such
coin or currency of the United States as at the time shall be legal tender for the payment of public and private debts. 
 “Eligible
Obligations” means: 
 (a) with respect to Securities denominated in Dollars, Government Obligations; or 

(b) with respect to Securities denominated in a currency other than Dollars or in a composite currency, such other obligations
or instruments as shall be specified with respect to such Securities, as contemplated by Section 301. 

“Event of Default” has the meaning specified in Section 801. 

“Exchange Act” means the Securities Exchange Act of 1934, as amended. 

“FATCA” has the meaning specified in Section 116. 

“GAAP” means generally accepted accounting principles set forth in the opinions and pronouncements of the Accounting
Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such other statements by such other entity as have been approved by a significant segment
of the accounting profession, which are in effect from time to time; provided, however, that if any operating lease would be re-characterized as a capital lease due to changes in
the accounting treatment of such operating leases under GAAP since the issue date of the applicable series of Securities, then solely with respect to the accounting treatment of any such lease, GAAP shall be interpreted as it was in effect on the
issue date of the applicable series of Securities. 
 “Global Security” means a Security in global form that evidences all
or part of a series of Securities and is authenticated and delivered to, and registered in the name of, the Depositary for the Securities of such series or its nominee. 

“Government Obligations” means: 

(a) direct obligations of, or obligations the principal of and interest on which are unconditionally guaranteed by, the United
States and entitled to the benefit of the full faith and credit thereof; and 
 (b) certificates, depositary receipts or
other instruments which evidence a direct ownership interest in obligations described in clause (a) above or in any specific interest or principal payments due in respect thereof; provided, however,
that the custodian of such obligations or specific interest or principal payments shall be a bank or trust company (which may include the Trustee or any Paying Agent) subject to Federal or state supervision or examination with a combined capital and
surplus of at least $50,000,000; and provided, further, that except as may be otherwise required by law, such custodian shall be obligated to pay to the 

  
 4 

 
holders of such certificates, depositary receipts or other instruments the full amount received by such custodian in respect of such obligations or specific payments and shall not be permitted to
make any deduction therefrom. 
 “Governmental Authority” means the government of the United States or of any State or
Territory thereof or of the District of Columbia or of any county, municipality or other political subdivision of any of the foregoing, or any department, agency, authority or other instrumentality of any of the foregoing. 

“Guarantee” means a guarantee other than by endorsement of negotiable instruments for collection in the ordinary course of
business, direct or indirect, in any manner including, without limitation, by way of a pledge of assets or through letters of credit or reimbursement agreements in respect thereof, of all or any part of any indebtedness (whether arising by virtue of
partnership arrangements, or by agreements to keep-well, to purchase assets, goods, securities or services, to take or pay or to maintain financial statement conditions or otherwise). 

“Holder” means a Person in whose name a Security is registered in the Security Register. 

“Indenture” means this instrument as originally executed and delivered and as it may from time to time be supplemented or
amended by one or more indentures supplemental hereto, Board Resolutions and Officer’s Certificates entered into pursuant to the applicable provisions hereof and shall include the terms of particular series of Securities established as
contemplated by Section 301. 
 “Interest Payment Date”, when used with
respect to any Security, means the Stated Maturity of an installment of interest on such Security. 
 “Maturity”, when used
with respect to any Security, means the date on which the principal of such Security or an installment of principal becomes due and payable as provided in such Security or in this Indenture, whether at the Stated Maturity, by declaration of
acceleration, upon call for redemption or otherwise. 
 “Obligations” means any principal, interest, penalties, fees,
indemnifications, reimbursements, damages and other liabilities (including Guarantees) payable under the documentation governing any indebtedness. 

“Officer’s Certificate” means a certificate signed by an Authorized Officer and delivered to the Trustee. 

“Opinion of Counsel” means a written opinion of counsel, who may be counsel for the Company, or other counsel reasonably
acceptable to the Trustee. 
 “Outstanding”, when used with respect to Securities, means, as of the date of determination,
all Securities theretofore authenticated and delivered under this Indenture, except: 
 (a) Securities theretofore canceled
or delivered to the Security Registrar for cancellation; 
 (b) Securities deemed to have been paid in accordance with
Section 701; and 

  
 5 

 (c) Securities which have been paid pursuant to
Section 306 or in exchange for or in lieu of which other Securities have been authenticated and delivered pursuant to this Indenture, other than any such Securities in respect of which there shall have
been presented to the Trustee proof satisfactory to it and the Company that such Securities are held by a protected purchaser or purchasers, as this term is defined in the Uniform Commercial Code of the State of New York as in effect on the date of
the execution and delivery of this Indenture, in whose hands such Securities are valid obligations of the Company; provided, however, that in determining whether or not the Holders of the requisite principal amount of the
Securities Outstanding under this Indenture, or the Outstanding Securities of any series or Tranche, have given any request, demand, authorization, direction, notice, consent or waiver hereunder or whether or not a quorum is present at a meeting of
Holders of Securities, 
 (x) Securities owned by the Company or any other obligor upon the Securities or any Affiliate of
the Company or of such other obligor (unless the Company, such Affiliate or such obligor owns all Securities Outstanding under this Indenture, or all Outstanding Securities of each such series and each such Tranche, as the case may be, determined
without regard to this clause (x)) shall be disregarded and deemed not to be Outstanding, except that, in determining whether the Trustee shall be protected in relying upon any such request, demand, authorization, direction, notice,
consent or waiver or upon any such determination as to the presence of a quorum, only Securities which the Trustee knows to be so owned shall be so disregarded; provided, however, that Securities so owned which have been
pledged in good faith may be regarded as Outstanding if the pledgee establishes to the satisfaction of the Trustee the pledgee’s right so to act with respect to such Securities and that the pledgee is not the Company or any other obligor upon
the Securities or any Affiliate of the Company or of such other obligor; 
 (y) the principal amount of a Discount Security
that shall be deemed to be Outstanding for such purposes shall be the amount of the principal thereof that would be due and payable as of the date of such determination upon a declaration of acceleration of the Maturity thereof pursuant to
Section 802; and 
 (z) the principal amount of any Security which is
denominated in a currency other than Dollars or in a composite currency that shall be deemed to be Outstanding for such purposes shall be the amount of Dollars which could have been purchased by the principal amount (or, in the case of a Discount
Security, the Dollar equivalent on the date determined as set forth below of the amount determined as provided in (y) above) of such currency or composite currency evidenced by such Security, in each such case certified to the Trustee in an
Officer’s Certificate, based (i) on the average of the mean of the buying and selling spot rates quoted by three banks which are members of the New York Clearing House Association selected by the Company in effect at 11:00 A.M. (New
York time) in The City of New York on the fifth Business Day preceding any such determination or (ii) if on such fifth Business Day it shall not be possible or practicable to obtain such quotations from such three banks, on such other
quotations or alternative methods of determination which shall be as consistent as practicable with the method set forth in (i) above; 

provided, further, that, in the case of any Security the principal of which is payable from time to time without presentment or
surrender, the principal amount of such Security that shall be deemed to be 

  
 6 

 
Outstanding at any time for all purposes of this Indenture shall be the original principal amount thereof less the aggregate amount of principal thereof theretofore paid. 

[2“Pari Passu Indebtedness” definition to be inserted, if
applicable.] 
 “Paying Agent” means any Person, including the Company, authorized by the Company to pay the principal of
and premium, if any, or interest, if any, on any Securities on behalf of the Company. 
 “Periodic Offering” means an
offering of Securities of a series from time to time any or all of the specific terms of which Securities, including without limitation the rate or rates of interest, if any, thereon, the Stated Maturity or Maturities thereof and the redemption
provisions, if any, with respect thereto, are to be determined by the Company or its agents upon the issuance of such Securities. 

“Person” means any individual, Corporation, partnership, joint venture, trust, other business entity, or unincorporated
organization or any Governmental Authority. 
 “Place of Payment”, when used with respect to the Securities of any series,
or any Tranche thereof, means the place or places, specified as contemplated by Section 301, at which, subject to Section 602, principal of and premium, if
any, and interest, if any, on the Securities of such series or Tranche are payable. 
 “Predecessor Security” of any
particular Security means every previous Security evidencing all or a portion of the same debt as that evidenced by such particular Security; and, for the purposes of this definition, any Security authenticated and delivered under
Section 306 in exchange for or in lieu of a mutilated, destroyed, lost or stolen Security shall be deemed (to the extent lawful) to evidence the same debt as the mutilated, destroyed, lost or stolen
Security. 
 “Redemption Date”, when used with respect to any Security to be redeemed, means the date fixed for such
redemption by or pursuant to this Indenture. 
 “Redemption Price”, when used with respect to any Security to be redeemed,
means the price at which it is to be redeemed pursuant to this Indenture. 
 “Regular Record Date” for the interest payable
on any Interest Payment Date on the Securities of any series means the date specified for that purpose as contemplated by Section 301. 

“Required Currency” has the meaning specified in Section 311. 

“Responsible Officer”, when used with respect to the Trustee, means any vice-president, any assistant vice-president, any
assistant secretary, senior associate, associate, any assistant treasurer, any trust officer or any other officer of the Trustee customarily performing functions similar to those performed by any of the above designated officers and also means, with
respect to a particular corporate trust matter, any other officer to whom such matter is referred because of that officer’s knowledge of and familiarity with the particular subject and who shall have direct responsibility for the administration
of this Indenture. 
 “Securities” has the meaning stated in the first recital of this Indenture and more particularly
means any securities authenticated and delivered under this Indenture. 

  
 7 

 “Security Register” and “Security Registrar” have the
respective meanings specified in Section 305. 
 [2“Senior Indebtedness” definition to be inserted, if applicable.] 

“Special Record Date” for the payment of any Defaulted Interest on the Securities of any series means a date fixed by the
Trustee pursuant to Section 307. 
 “Stated Interest Rate” means a rate
(whether fixed or variable) at which an obligation by its terms is stated to bear simple interest. Any calculation or other determination to be made under this Indenture by reference to the Stated Interest Rate on a Security shall be made without
regard to the effective interest cost to the Company of such Security and without regard to the Stated Interest Rate on, or the effective cost to the Company of, any other indebtedness in respect of which the Company’s obligations are evidenced
or secured in whole or in part by such Security. 
 “Stated Maturity”, when used with respect to any obligation or any
installment of principal thereof or interest thereon, means the date on which the principal of such obligation or such installment of principal or interest is stated in such Security to be due and payable (without regard to any provisions for
redemption, prepayment, acceleration, purchase or extension). 
 “Subsidiary” means, with respect to any specified Person:

 (1) any corporation, association or other business entity of which more than 50% of the total voting power of shares of Capital Stock
entitled (without regard to the occurrence of any contingency and after giving effect to any voting agreement or stockholders’ agreement that effectively transfers voting power) to vote in the election of directors, managers or trustees of the
corporation, association or other business entity is at the time owned or controlled, directly or indirectly, by that Person or one or more of the other Subsidiaries of that Person (or a combination thereof); and 

(2) any partnership (a) the sole general partner or the managing general partner of which is such Person or a Subsidiary of such Person
or (b) the only general partners of which are that Person or one or more Subsidiaries of that Person (or any combination thereof). 

“Tranche” means a group of Securities that (a) are of the same series and (b) have identical terms except as to
principal amount and/or date of issuance. 
 “Trustee” means the Person named as the “Trustee” in the first
paragraph of this Indenture until a successor Trustee shall have become such with respect to one or more series of Securities pursuant to the applicable provisions of this Indenture, and thereafter “Trustee” shall mean or include
each Person who is then a Trustee hereunder, and if at any time there is more than one such Person, “Trustee” as used with respect to the Securities of any series shall mean the Trustee with respect to Securities of that series. 

“Trust Indenture Act” means, as of any time, the Trust Indenture Act of 1939, as amended, or any successor statute, as in
effect at such time. 
 “United States” means the United States of America, its Territories, its possessions and other
areas subject to its political jurisdiction. 

  
 8 

	SECTION 102.	Incorporation by Reference of Trust Indenture Act. 

 Whenever this Indenture refers to a
provision of the Trust Indenture Act, the provision is incorporated by reference in and made a part of this Indenture. The following Trust Indenture Act terms used in this Indenture have the following meanings: 

“indenture securities” means the Securities. 

“indenture security holder” means a Holder. 

“indenture to be qualified” means this Indenture. 

“indenture trustee” or “institutional trustee” means the Trustee. 

“obligor” on the indenture securities means the Company or any other obligor on the indenture securities. 

 

	SECTION 103.	Compliance Certificates and Opinions. 

 Except as otherwise expressly provided in this
Indenture, upon any application or request by the Company to the Trustee to take any action under any provision of this Indenture, the Company shall furnish to the Trustee an Officer’s Certificate stating that all conditions precedent, if any,
provided for in this Indenture relating to the proposed action have been complied with and an Opinion of Counsel stating that in the opinion of such counsel all such conditions precedent, if any, have been complied with, except that in the case of
any such application or request as to which the furnishing of such documents is specifically required by any provision of this Indenture relating to such particular application or request, no additional certificate or opinion need be furnished. 

Every certificate or opinion with respect to compliance with a condition or covenant provided for in this Indenture shall include: 

(a) a statement that each Person signing such certificate or opinion has read such covenant or condition and the definitions
herein relating thereto; 
 (b) a brief statement as to the nature and scope of the examination or investigation upon which
the statements or opinions contained in such certificate or opinion are based; 
 (c) a statement that, in the opinion of
each such Person, such Person has made such examination or investigation as is necessary to enable such Person to express an informed opinion as to whether or not such covenant or condition has been complied with; and 

(d) a statement as to whether, in the opinion of each such Person, such condition or covenant has been complied with. 

 

	SECTION 104.	Form of Documents Delivered to Trustee. 

 In any case where several matters are required
to be certified by, or covered by an opinion of, any specified Person, it is not necessary that all such matters be certified by, or covered by the opinion of, only one such Person, or that they be so certified or covered by only one document, but
one such Person may certify or give an opinion with respect to some matters and one or more other such 

  
 9 

 
Persons as to other matters, and any such Person may certify or give an opinion as to such matters in one or several documents. 

Any certificate or opinion of an officer of the Company may be based, insofar as it relates to legal matters, upon a certificate or opinion
of, or representations by, counsel, unless such officer knows, or in the exercise of reasonable care should know, that the certificate or opinion or representations with respect to the matters upon which such Officer’s Certificate or opinion
are based are erroneous. Any such certificate or Opinion of Counsel may be based, insofar as it relates to factual matters, upon a certificate or opinion of, or representations by, an officer or officers of the Company stating that the information
with respect to such factual matters is in the possession of the Company, unless such counsel knows, or in the exercise of reasonable care should know, that the certificate or opinion or representations with respect to such matters are erroneous.

 Where any Person is required to make, give or execute two or more applications, requests, consents, certificates, statements, opinions or
other instruments under this Indenture, they may, but need not, be consolidated and form one instrument. 
 Whenever, subsequent to the
receipt by the Trustee of any Board Resolution, Officer’s Certificate, Opinion of Counsel or other document or instrument, a clerical, typographical or other inadvertent or unintentional error or omission shall be discovered therein, a new
document or instrument may be substituted therefor in corrected form with the same force and effect as if originally filed in the corrected form and, irrespective of the date or dates of the actual execution and/or delivery thereof, such substitute
document or instrument shall be deemed to have been executed and/or delivered as of the date or dates required with respect to the document or instrument for which it is substituted. Anything in this Indenture to the contrary notwithstanding, if any
such corrective document or instrument indicates that action has been taken by or at the request of the Company which could not have been taken had the original document or instrument not contained such error or omission, the action so taken shall
not be invalidated or otherwise rendered ineffective but shall be and remain in full force and effect, except to the extent that such action was a result of willful misconduct or bad faith. Without limiting the generality of the foregoing, any
Securities issued under the authority of such defective document or instrument shall nevertheless be the valid obligations of the Company entitled to the benefits of this Indenture equally and ratably with all other Outstanding Securities, except as
aforesaid. 
  

	SECTION 105.	Acts of Holders. 

 (a) Any request, demand, authorization, direction,
notice, consent, election, waiver or other action provided by this Indenture to be made, given or taken by Holders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Holders in person or by an
agent duly appointed in writing or, alternatively, may be embodied in and evidenced by the record of Holders voting in favor thereof, either in person or by proxies duly appointed in writing, at any meeting of Holders duly called and held in
accordance with the provisions of ARTICLE Thirteen, or a combination of such instruments and any such record. Except as herein otherwise expressly provided, such action shall become effective when such instrument or instruments or
record or both are delivered to the Trustee and, where it is hereby expressly required, to the Company. Such instrument or instruments and any such record (and the action embodied therein and evidenced thereby) are herein sometimes referred to as
the “Act” of the Holders signing such instrument or instruments and so voting at any such meeting. Proof of execution of any such instrument or of a writing appointing any such agent shall be sufficient for any purpose of this
Indenture and (subject to Section 901) conclusive in favor of the Trustee and the Company, if made in the manner provided in this Section. The record of any meeting of Holders shall be proved in the
manner provided in Section 1306. 

  
 10 

 (b) The fact and date of the execution by any Person of any such instrument
or writing may be proved by the affidavit of a witness of such execution or by a certificate of a notary public or other officer authorized by law to take acknowledgments of deeds, certifying that the individual signing such instrument or writing
acknowledged to such officer the execution thereof or may be proved in any other manner which the Trustee and the Company deem sufficient. Where such execution is by a signer acting in a capacity other than such signer’s individual capacity,
such certificate or affidavit shall also constitute sufficient proof of such signer’s authority. 
 (c) The principal
amount (except as otherwise contemplated in clause (y) of the first proviso to the definition of Outstanding) and serial numbers of Securities held by any Person, and the date of holding the same, shall be proved by
the Security Register. 
 (d) Any request, demand, authorization, direction, notice, consent, election, waiver or other Act
of a Holder shall bind every future Holder of the same Security and the Holder of every Security issued upon the registration of transfer thereof or in exchange therefor or in lieu thereof in respect of anything done, omitted or suffered to be done
by the Trustee or the Company in reliance thereon, whether or not notation of such action is made upon such Security. 
 (e)
Until such time as written instruments shall have been delivered to the Trustee with respect to the requisite percentage of principal amount of Securities for the action contemplated by such instruments, any such instrument executed and delivered by
or on behalf of a Holder may be revoked with respect to any or all of such Securities by written notice by such Holder or any subsequent Holder, proven in the manner in which such instrument was proven. 

(f) Securities of any series, or any Tranche thereof, authenticated and delivered after any Act of Holders may, and shall if
required by the Trustee, bear a notation in form approved by the Trustee as to any action taken by such Act of Holders. If the Company shall so determine, new Securities of any series, or any Tranche thereof, so modified as to conform, in the
opinion of the Trustee and the Company, to such action may be prepared and executed by the Company and authenticated and delivered by the Trustee in exchange for Outstanding Securities of such series or Tranche. 

(g) If the Company shall solicit from Holders any request, demand, authorization, direction, notice, consent, election, waiver
or other Act, the Company may, at its option, by Company Order, fix in advance a record date for the determination of Holders entitled to give such request, demand, authorization, direction, notice, consent, election, waiver or other Act, but the
Company shall have no obligation to do so. If such a record date is fixed, such request, demand, authorization, direction, notice, consent, election, waiver or other Act may be given before or after such record date, but only the Holders of record
at the close of business on such record date shall be deemed to be Holders for the purposes of determining whether Holders of the requisite proportion of the Outstanding Securities have authorized or agreed or consented to such request, demand,
authorization, direction, notice, consent, election, waiver or other Act, and for that purpose the Outstanding Securities shall be computed as of such record date. 
  

	SECTION 106.	Notices, Etc. to Trustee and Company. 

 Subject to
Section 903(b), any request, demand, authorization, direction, notice, consent, election, waiver or Act of Holders or other document provided or permitted by this Indenture to be made upon, given or
furnished to, or filed with, the Trustee by any Holder or by the Company, or the Company by the Trustee or by any Holder, shall be sufficient for every purpose hereunder (unless otherwise herein 

  
 11 

 
expressly provided) if in writing and delivered personally to an officer or other responsible employee of the addressee, or transmitted by facsimile transmission or other direct written
electronic means to such telephone number or other electronic communications address as the parties hereto shall from time to time designate, or transmitted by registered mail, charges prepaid, to the applicable address set opposite such
party’s name below or to such other address as either party hereto may from time to time designate: 
 If to the Trustee, to: 

             

             

             

Attention: 
 Telecopy: 

If to the Company, to: 
 NextEra
Energy Partners, LP 
 700 Universe Boulevard 

Juno Beach, Florida 33408 

Attention: 
 Telephone: 

Telecopy: 
 Any communication
contemplated herein shall be deemed to have been made, given, furnished and filed if personally delivered, on the date of delivery, if transmitted by facsimile transmission or other direct written electronic means, on the date of transmission, and
if transmitted by registered mail, on the date of receipt. 
  

	SECTION 107.	Notice to Holders; Waiver. 

 Except as otherwise expressly provided herein, where this
Indenture provides for notice to Holders of any event, such notice shall be sufficiently given, and shall be deemed given, to Holders if in writing and mailed, first-class postage prepaid, to each Holder affected by such event, at the address of
such Holder as it appears in the Security Register, not later than the latest date, and not earlier than the earliest date, prescribed for the giving of such notice. 

In case by reason of the suspension of regular mail service or by reason of any other cause it shall be impracticable to give such notice to
Holders by mail, then such notification as shall be made with the approval of the Trustee shall constitute a sufficient notification for every purpose hereunder. In any case where notice to Holders is given by mail, neither the failure to mail such
notice, nor any defect in any notice so mailed, to any particular Holder shall affect the sufficiency of such notice with respect to other Holders. 

Any notice required by this Indenture may be waived in writing by the Person entitled to receive such notice, either before or after the event
otherwise to be specified therein, and such waiver shall be the equivalent of such notice. Waivers of notice by Holders shall be filed with the Trustee, but such filing shall not be a condition precedent to the validity of any action taken in
reliance upon such waiver. 
 Notwithstanding any other provision of this Indenture or any Security, where this Indenture or any Security
provides for notice of any event (including any notice of redemption or 

  
 12 

 
purchase) to a Holder of a Global Security (whether by mail or otherwise), such notice shall be sufficiently given if given to the Depositary (or its designee) pursuant to the standing
instructions from the Depositary, including by electronic mail in accordance with rules and procedures of the Depositary. 
  

	SECTION 108.	Conflict with Trust Indenture Act. 

 If any provision of this Indenture limits, qualifies
or conflicts with another provision hereof which is required or deemed to be included in this Indenture by, or is otherwise governed by, any of the provisions of the Trust Indenture Act, such other provision shall control; and if any provision
hereof otherwise conflicts with the Trust Indenture Act, the Trust Indenture Act shall control. 
  

	SECTION 109.	Effect of Headings and Table of Contents. 

 The ARTICLE and Section headings in this
Indenture and the Table of Contents are for convenience only and shall not affect the construction hereof. 
  

	SECTION 110.	Successors and Assigns. 

 All covenants and agreements in this Indenture by the Company
and Trustee shall bind their respective successors and assigns, whether so expressed or not. 
  

	SECTION 111.	Separability Clause. 

 In case any provision in this Indenture or the Securities shall be
held to be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 
  

	SECTION 112.	Benefits of Indenture. 

 Nothing in this Indenture or the Securities, express or implied,
shall give to any Person, other than the parties hereto, their successors hereunder and the Holders of any Outstanding Securities [2and, so long as the notice described in
Section 1413 hereof has not been given, the holders of Senior Indebtedness] any benefit or any legal or equitable right, remedy or claim under this Indenture. 

 

	SECTION 113.	Waiver of Jury Trial. 

 EACH OF THE COMPANY AND THE TRUSTEE AND EACH HOLDER AND
BENEFICIAL OWNER BY ITS ACCEPTANCE OF THE SECURITY (OR BENEFICIAL INTEREST THEREIN) HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING, DIRECTLY OR INDIRECTLY,
ARISING OUT OF OR RELATING TO THIS INDENTURE, THE SECURITIES OR THE TRANSACTION CONTEMPLATED HEREBY OR THEREBY. 
  

	SECTION 114.	Governing Law. 

 This Indenture and the Securities shall be governed by and construed in
accordance with the laws of the State of New York. 

  
 13 

	SECTION 115.	Legal Holidays. 

 Unless otherwise provided with respect to a series of Securities as
contemplated in Section 301(v), in any case where any Interest Payment Date, Redemption Date or Stated Maturity of any Security shall not be a Business Day at any Place of Payment, then (notwithstanding
any other provision of this Indenture or of the Securities other than a provision in Securities of any series, or any Tranche thereof, or in the Board Resolution or Officer’s Certificate which establishes the terms of the Securities of such
series or Tranche, which specifically states that such provision shall apply in lieu of this Section) payment of interest or principal and premium, if any, need not be made at such Place of Payment on such date, but may be made on the next
succeeding Business Day at such Place of Payment, with the same force and effect, and in the same amount, as if made on the Interest Payment Date or Redemption Date, or at the Stated Maturity, as the case may be, and, if such payment is made or duly
provided for on such Business Day, no interest shall accrue on the amount so payable for the period from and after such Interest Payment Date, Redemption Date or Stated Maturity, as the case may be, to such Business Day. 

 

	SECTION 116.	Foreign Account Tax Compliance Act (FATCA). 

 The Company agrees (i) to provide the
Trustee with such reasonable information as it has in its possession to enable the Trustee to determine whether any payments pursuant to this Indenture are subject to the withholding requirements described in Section 1471(b) of the US Internal
Revenue Code of 1986 (the “Code”) or otherwise imposed pursuant to Sections 1471 through 1474 of the Code and any regulations, or agreements thereunder or official interpretations thereof (“FATCA”), and
(ii) that the Trustee shall be entitled to make any withholding or deduction from payments under this Indenture to the extent necessary to comply with FATCA, for which the Trustee shall not have any liability. 

ARTICLE TWO 
 Security
Forms 
  

	SECTION 201.	Forms Generally. 

 The definitive Securities of each series shall be in substantially the
form or forms thereof established in the indenture supplemental hereto establishing such series or in a Board Resolution establishing such series, or in an Officer’s Certificate pursuant to such supplemental indenture or Board Resolution, in
each case with such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Indenture, and may have such letters, numbers or other marks of identification and such legends or endorsements placed
thereon as may be required to comply with the rules of any securities exchange or as may, consistently herewith, be determined by the officers executing such Securities, as evidenced by their execution of the Securities. If the form or forms of
Securities of any series are established in a Board Resolution or in an Officer’s Certificate pursuant to a Board Resolution, such Board Resolution and Officer’s Certificate, if any, shall be delivered to the Trustee at or prior to the
delivery of the Company Order contemplated by Section 303 for the authentication and delivery of such Securities. 

Unless otherwise specified as contemplated by Sections 301 or 1201(g), the Securities of each series shall be issuable in
registered form without coupons. The definitive Securities shall be produced in such manner as shall be determined by the officers executing such Securities, as evidenced by their execution thereof. 

  
 14 

	SECTION 202.	Global Securities. 

 Every Global Security authenticated and delivered hereunder shall
bear a legend in substantially the following form: 
 THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER
REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE THEREOF. THIS SECURITY MAY NOT BE TRANSFERRED TO, OR REGISTERED OR EXCHANGED FOR SECURITIES REGISTERED IN THE NAME OF, ANY PERSON OTHER THAN THE DEPOSITARY OR A NOMINEE THEREOF
AND NO SUCH TRANSFER MAY BE REGISTERED, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE. 
 EVERY SECURITY AUTHENTICATED AND
DELIVERED UPON REGISTRATION OF TRANSFER OF, OR IN EXCHANGE FOR OR IN LIEU OF, THIS SECURITY SHALL BE A GLOBAL SECURITY SUBJECT TO THE FOREGOING, EXCEPT IN SUCH LIMITED CIRCUMSTANCES. 

If Securities of a series are issuable in whole or in part in the form of one or more Global Securities, as specified as contemplated by
Section 301, then, notwithstanding clause (i) of Section 301 and the provisions of
Section 302, any Global Security shall represent such of the Outstanding Securities of such series as shall be specified therein and may provide that it shall represent the aggregate amount of
Outstanding Securities from time to time endorsed thereon and that the aggregate amount of Outstanding Securities represented thereby may from time to time be reduced or increased, as the case may be, to reflect exchanges. Any endorsement of a
Global Security to reflect the amount, or any reduction or increase in the amount, of Outstanding Securities represented thereby shall be made in such manner and upon instructions given by such Person or Persons as shall be specified therein or in a
Company Order. Subject to the provisions of Section 303, Section 304 and Section 305, the Trustee shall
deliver and redeliver any Global Security in the manner and upon instructions given by the Person or Persons specified therein or in the applicable Company Order. Any instructions by the Company with respect to endorsement or delivery or redelivery
of a Global Security shall be in a Company Order (which need not comply with Section 103 and need not be accompanied by an Opinion of Counsel). 

The provisions of the last sentence of Section 303 shall apply to any Security represented by a
Global Security if such Security was never issued and sold by the Company and the Company delivers to the Trustee the Global Security together with a Company Order (which need not comply with
Section 103 and need not be accompanied by an Opinion of Counsel) with regard to the reduction or increase, as the case may be, in the principal amount of Securities represented thereby, together with
the written statement contemplated by the last sentence of Section 303. 
  

	SECTION 203.	Form of Trustee’s Certificate of Authentication. 

 The Trustee’s certificate of
authentication shall be in substantially the form set forth below: 
 This is one of the Securities of the series designated therein referred
to in the within-mentioned Indenture. 

  
 15 

 
			
		 	            , as Trustee
		
	By:	 	  

		 	Authorized Signatory

 ARTICLE THREE 

The Securities 
  

	SECTION 301.	Amount Unlimited; Issuable in Series. 

 The aggregate principal amount of Securities
which may be authenticated and delivered under this Indenture is unlimited. 
 The Securities may be issued in one or more series. Subject
to the last paragraph of this Section, prior to the authentication and delivery of Securities of any series there shall be established by specification in a supplemental indenture or in a Board Resolution, or in an Officer’s
Certificate pursuant to a supplemental indenture or a Board Resolution: 
 (a) the title of the Securities of such series
(which shall distinguish the Securities of such series from Securities of all other series); 
 (b) any limit upon the
aggregate principal amount of the Securities of such series which may be authenticated and delivered under this Indenture (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other
Securities of such series pursuant to Section 304, 305, 306, 406 or 1206 and, except for any Securities which, pursuant to Section 303, are deemed never to
have been authenticated and delivered hereunder); 
 (c) the Person or Persons (without specific identification) to whom
interest on Securities of such series, or any Tranche thereof, shall be payable on any Interest Payment Date, if other than the Persons in whose names such Securities (or one or more Predecessor Securities) are registered at the close of business on
the Regular Record Date for such interest; 
 (d) the date or dates on which the principal of the Securities of such series
or any Tranche thereof, is payable or any formulary or other method or other means by which such date or dates shall be determined, by reference to an index or other fact or event ascertainable outside of this Indenture or otherwise (without regard
to any provisions for redemption, prepayment, acceleration, purchase or extension); 
 (e) the rate or rates at which the
Securities of such series, or any Tranche thereof, shall bear interest, if any (including the rate or rates at which overdue principal shall bear interest, if different from the rate or rates at which such Securities shall bear interest prior to
Maturity, and, if applicable, the rate or rates at which overdue premium or interest[2, or interest deferred as contemplated in Section 312] shall
bear interest, if any), or any formulary or other method or other means by which such rate or rates shall be determined, by reference to an index or other fact or event ascertainable outside of this Indenture or otherwise; the date or dates from
which such interest shall accrue; the Interest Payment Dates on which such interest shall be payable and the Regular Record Date, if any, for the interest payable on such Securities on any Interest Payment

  
 16 

 
Date; [2the right of the Company, if any, to extend the interest payment periods and the duration of any such extension, and the consequences
thereof, as contemplated by Section 312;] and the basis of computation of interest, if other than as provided in Section 310; 

(f) the place or places at which or methods by which (1) the principal of and premium, if any, and interest, if any, on
Securities of such series, or any Tranche thereof, shall be payable, (2) registration of transfer of Securities of such series, or any Tranche thereof, may be effected, (3) exchanges of Securities of such series, or any Tranche thereof,
may be effected and (4) notices and demands to or upon the Company in respect of the Securities of such series, or any Tranche thereof, and this Indenture may be served; the Security Registrar and any Paying Agent or Agents for such series or
Tranche; and if such is the case, that the principal of such Securities shall be payable without presentment or surrender thereof; 

(g) the period or periods within which, or the date or dates on which, the price or prices at which and the terms and
conditions upon which the Securities of such series, or any Tranche thereof, may be redeemed, in whole or in part, at the option of the Company and any restrictions on such redemptions, including but not limited to a restriction on a partial
redemption by the Company of the Securities of any series, or any Tranche thereof, resulting in delisting of such Securities from any national exchange; 

(h) the obligation or obligations, if any, of the Company to redeem or purchase the Securities of such series, or any Tranche
thereof, pursuant to any sinking fund or other mandatory redemption provisions or at the option of a Holder thereof and the period or periods within which or the date or dates on which, the price or prices at which and the terms and conditions upon
which such Securities shall be redeemed or purchased, in whole or in part, pursuant to such obligation, and applicable exceptions to the requirements of Section 404 in the case of mandatory redemption
or redemption at the option of the Holder; 
 (i) the denominations in which Securities of such series, or any Tranche
thereof, shall be issuable if other than denominations of $[1,000] and any integral multiple of $[1,000] in excess thereof; 

(j) the currency or currencies, including composite currencies, in which payment of the principal of and premium, if any, and
interest, if any, on the Securities of such series, or any Tranche thereof, shall be payable (if other than in Dollars); 

(k) if the principal of or premium, if any, or interest, if any, on the Securities of such series, or any Tranche thereof, are
to be payable, at the election of the Company or a Holder thereof, in a coin or currency other than that in which the Securities are stated to be payable, the period or periods within which, and the terms and conditions upon which, such election may
be made; 
 (l) if the principal of or premium, if any, or interest, if any, on the Securities of such series, or any Tranche
thereof, are to be payable, or are to be payable at the election of the Company or a Holder thereof, in securities or other property, the type and amount of such securities or other property, or the formulary or other method or other means by which
such amount shall be determined, and the period or periods within which, and the terms and conditions upon which, any such election may be made; 

(m) if and as applicable, that the Securities of the series shall be issuable in whole or in part in the form of one or more
Global Securities and, in such case, the Depositary or 

  
 17 

 
Depositaries for such Global Security or Global Securities and any circumstances other than those set forth in Section 305 in which any such Global
Security may be transferred to, and registered and exchanged for Securities registered in the name of, a Person other than the Depositary for such Global Security or a nominee thereof and in which any such transfer may be registered; 

(n) if the amount payable in respect of principal of or premium, if any, or interest, if any, on the Securities of such series,
or any Tranche thereof, may be determined with reference to an index or other fact or event ascertainable outside of this Indenture, the manner in which such amounts shall be determined to the extent not established pursuant to clause
(e) of this paragraph; 
 (o) if other than the principal amount thereof, the portion of the principal amount of
Securities of such series, or any Tranche thereof, which shall be payable upon declaration of acceleration of the Maturity thereof pursuant to Section 802; 

(p) any Events of Default, in addition to those specified in Section 801, or any
exceptions to those specified in Section 801, with respect to the Securities of such series, and any covenants of the Company for the benefit of the Holders of the Securities of such series, or any
Tranche thereof, in addition to those set forth in ARTICLE Six, or any exceptions to those set forth in ARTICLE Six; 

(q) the terms, if any, pursuant to which the Securities of such series, or any Tranche thereof, may be converted into or
exchanged for shares of capital stock or other securities of the Company or any other Person; 
 (r) the obligations or
instruments, if any, which shall be considered to be Eligible Obligations in respect of the Securities of such series, or any Tranche thereof, denominated in a currency other than Dollars or in a composite currency, and any additional or alternative
provisions for the reinstatement of the Company’s indebtedness in respect of such Securities after the satisfaction and discharge thereof as provided in Section 701; 

(s) if the Securities of such series, or any Tranche thereof, are to be issued in global form, (i) any limitations on the
rights of the Holder or Holders of such Securities to transfer or exchange the same or to obtain the registration of transfer thereof, (ii) any limitations on the rights of the Holder or Holders thereof to obtain certificates therefor in
definitive form in lieu of temporary form and (iii) any and all other matters incidental to such Securities; 
 (t) if
the Securities of such series are to be issuable in definitive form (whether upon original issue or upon exchange of a temporary Security of such series) only upon receipt of certain certificates or other documents or satisfaction of other
conditions, the form and terms of such certificates, documents or conditions; 
 (u) to the extent not established pursuant
to clause (s) of this paragraph, any limitations on the rights of the Holders of the Securities of such Series, or any Tranche thereof, to transfer or exchange such Securities or to obtain the registration of transfer thereof; and
if a service charge will be made for the registration of transfer or exchange of Securities of such series, or any Tranche thereof, the amount or terms thereof; 

(v) any exceptions to Section 115, or variation in the definition of Business
Day, with respect to the Securities of such series, or any Tranche thereof; 
 (w) any collateral security, assurance or
guarantee for the Securities of such series; 

  
 18 

 (x) [2any modifications
of subordination provisions contained in ARTICLE Fourteen with respect to Securities of such series;] and 

(y) any other terms of the Securities of such series, or any Tranche thereof, not inconsistent with the provisions of this
Indenture. 
 With respect to Securities of a series subject to a Periodic Offering, the indenture supplemental hereto or the Board
Resolution which establishes such series, or the Officer’s Certificate pursuant to such supplemental indenture or Board Resolution, as the case may be, may provide general terms or parameters for Securities of such series and provide either
that the specific terms of Securities of such series, or any Tranche thereof, shall be specified in a Company Order or that such terms shall be determined by the Company or its agents in accordance with procedures specified in a Company Order as
contemplated by clause (b) of Section 303. 
 [2The Securities of each series shall be subordinated in right of payment to Senior Indebtedness as provided in ARTICLE Fourteen.] 

If any such additional series or Tranches of Securities are not fungible with the Securities initially issued hereunder for US federal income
tax purposes or securities law purposes, the Securities of such additional series or Tranche shall have a separate CUSIP number. 
  

	SECTION 302.	Denominations. 

 Unless otherwise provided as contemplated by
Section 301 with respect to any series of Securities, or any Tranche thereof, the Securities of each series shall be issuable in denominations of [$1,000] and any integral multiple of [$1,000] in excess
thereof. 
  

	SECTION 303.	Execution, Authentication, Delivery and Dating. 

 Unless otherwise provided as
contemplated by Section 301 with respect to any series of Securities, or any Tranche thereof, the Securities shall be executed on behalf of the Company by an Authorized Officer and may have the
corporate seal of the Company affixed thereto or reproduced thereon and attested by any other Authorized Officer. The signature of any or all of these officers on the Securities may be manual, facsimile or pdf. 

Securities bearing the manual, facsimile or pdf signatures of individuals who were at the time of execution Authorized Officers of the Company
shall bind the Company, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Securities or did not hold such offices at the date of such Securities. 

The Trustee shall authenticate and deliver Securities of a series, for original issue, at one time or from time to time in accordance with the
Company Order referred to below, upon receipt by the Trustee of: 
 (a) the instrument or instruments establishing the form
or forms and terms of the Securities of such series, as provided in Sections 201 and 301; 
 (b) a Company
Order requesting the authentication and delivery of such Securities and to the extent that the terms of such Securities shall not have been established in an indenture supplemental hereto or in a Board Resolution, or in an Officer’s Certificate
pursuant to a supplemental indenture or Board Resolution, all as contemplated by Sections 201 and 301, either 

  
 19 

 
(i) establishing such terms or (ii) in the case of Securities of a series subject to a Periodic Offering, specifying procedures, acceptable to the Trustee, by which such terms are to be
established (which procedures may provide, to the extent acceptable to the Trustee, for authentication and delivery pursuant to oral or electronic instructions from the Company or any agent or agents thereof, which oral instructions are to be
promptly confirmed electronically or in writing), in either case in accordance with the instrument or instruments delivered pursuant to clause (a) above; 

(c) the Securities of such series, executed on behalf of the Company by an Authorized Officer; 

(d) an Opinion of Counsel to the effect that: 

(i) the form or forms of such Securities have been duly authorized by the Company and have been established in conformity with
the provisions of this Indenture; 
 (ii) the terms of such Securities have been duly authorized by the Company and have been
established in conformity with the provisions of this Indenture; and 
 (iii) such Securities, when authenticated and
delivered by the Trustee and issued and delivered by the Company in the manner and subject to any conditions specified in such Opinion of Counsel, will have been duly issued under this Indenture and will constitute valid and legally binding
obligations of the Company, entitled to the benefits provided by this Indenture, and enforceable in accordance with their terms, subject, as to enforcement, to laws relating to or affecting generally the enforcement of creditors’ rights,
including, without limitation, bankruptcy and insolvency laws and to general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law); 

provided, however, that, with respect to Securities of a series subject to a Periodic Offering, the Trustee shall be entitled to
receive such Opinion of Counsel only once at or prior to the time of the first authentication of such Securities (provided that such Opinion of Counsel addresses the authentication and delivery of all Securities of such series) and
that in lieu of the opinions described in clauses (ii) and (iii) above Counsel may opine that: 

(x) when the terms of such Securities shall have been established pursuant to a Company Order or Orders or pursuant to such
procedures (acceptable to the Trustee) as may be specified from time to time by a Company Order or Orders, all as contemplated by and in accordance with the instrument or instruments delivered pursuant to clause (a) above, such
terms will have been duly authorized by the Company and will have been established in conformity with the provisions of this Indenture; and 

(y) such Securities, when authenticated and delivered by the Trustee in accordance with this Indenture and the Company Order or
Orders or specified procedures referred to in paragraph (x) above and issued and delivered by the Company in the manner and subject to any conditions specified in such Opinion of Counsel, will have been duly issued under this
Indenture and will constitute valid and legally binding obligations of the Company, entitled to the benefits provided by the Indenture, and enforceable in accordance with their terms, subject, as to enforcement, to laws relating to or affecting
generally the 

  
 20 

 
enforcement of creditors’ rights, including, without limitation, bankruptcy and insolvency laws and to general principles of equity (regardless of whether such enforceability is considered
in a proceeding in equity or at law). 
 With respect to Securities of a series subject to a Periodic Offering, the Trustee may conclusively
rely, as to the authorization by the Company of any of such Securities, the form and terms thereof and the legality, validity, binding effect and enforceability thereof, upon the Opinion of Counsel and other documents delivered pursuant to
Sections 201 and 301 and this Section, as applicable, at or prior to the time of the first authentication of Securities of such series unless and until such opinion or other documents have been superseded or revoked or expire by their
terms. In connection with the authentication and delivery of Securities of a series subject to a Periodic Offering, the Trustee shall be entitled to assume that the Company’s instructions to authenticate and deliver such Securities do not
violate any rules, regulations or orders of any Governmental Authority having jurisdiction over the Company. 
 If the form or terms of the
Securities of any series have been established by or pursuant to a Board Resolution or an Officer’s Certificate as permitted by Sections 201 or 301, the Trustee shall not be required to authenticate such Securities if the issuance
of such Securities pursuant to this Indenture will materially or adversely affect the Trustee’s own rights, duties or immunities under the Securities and this Indenture or otherwise in a manner which is not reasonably acceptable to the Trustee.

 Unless otherwise specified as contemplated by Section 301 with respect to any series of
Securities, or any Tranche thereof, each Security shall be dated the date of its authentication. 
 Unless otherwise specified as
contemplated by Section 301 with respect to any series of Securities, or any Tranche thereof, no Security shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose
unless there appears on such Security a certificate of authentication substantially in the form provided for herein executed by the Trustee or an Authenticating Agent by manual signature, and such certificate upon any Security shall be conclusive
evidence, and the only evidence, that such Security has been duly authenticated and delivered hereunder and is entitled to the benefits of this Indenture. Notwithstanding the foregoing, if any Security shall have been authenticated and delivered
hereunder to the Company, or any Person acting on its behalf, but shall never have been issued and sold by the Company, and the Company shall deliver such Security to the Security Registrar for cancellation as provided in
Section 309 together with a written statement (which need not comply with Section 103 and need not be accompanied by an Officer’s Certificate and an
Opinion of Counsel) stating that such Security has never been issued and sold by the Company, for all purposes of this Indenture such Security shall be deemed never to have been authenticated and delivered hereunder and shall never be entitled to
the benefits hereof. 
  

	SECTION 304.	Temporary Securities. 

 Pending the preparation of definitive Securities of any series,
or any Tranche thereof, the Company may execute, and upon Company Order the Trustee shall authenticate and deliver, temporary Securities which are printed, lithographed, typewritten, mimeographed or otherwise produced, in any authorized
denomination, substantially of the tenor of the definitive Securities in lieu of which they are issued, with such appropriate insertions, omissions, substitutions and other variations as the officers executing such Securities may determine, as
evidenced by their execution of such Securities; provided, however, that temporary Securities need not recite specific redemption, sinking fund, conversion or exchange provisions. 

  
 21 

 Unless otherwise specified as contemplated by
Section 301 with respect to the Securities of any series, or any Tranche thereof, after the preparation of definitive Securities of such series or Tranche, the temporary Securities of such series or
Tranche shall be exchangeable, without charge to the Holder thereof, for definitive Securities of such series or Tranche upon surrender of such temporary Securities at the office or agency of the Company maintained pursuant to
Section 602 in a Place of Payment for such Securities. Upon such surrender of temporary Securities, the Company shall, except as aforesaid, execute and the Trustee shall authenticate and deliver in
exchange therefor definitive Securities of the same series and Tranche, of authorized denominations and of like tenor and aggregate principal amount. 

Until exchanged in full as hereinabove provided, temporary Securities shall in all respects be entitled to the same benefits under this
Indenture as definitive Securities of the same series and Tranche and of like tenor authenticated and delivered hereunder. 
  

	SECTION 305.	Registration, Registration of Transfer and Exchange. 

 The Company shall cause to be kept
in each office designated pursuant to Section 602, with respect to the Securities of each series or any Tranche thereof, a register (all registers kept in accordance with this Section being collectively
referred to as the “Security Register”) in which, subject to such reasonable regulations as it may prescribe, the Company shall provide for the registration of Securities of such series or Tranche and the registration of transfer
thereof. The Company shall designate one Person to maintain the Security Register for the Securities of each series on a consolidated basis, and such Person is referred to herein, with respect to such series, as the “Security
Registrar.” Anything herein to the contrary notwithstanding, the Company may designate one or more of its offices as an office in which a register with respect to the Securities of one or more series, or any Tranche or Tranches thereof,
shall be maintained, and the Company may designate itself the Security Registrar with respect to one or more of such series. The Security Register shall be open for inspection by the Trustee and the Company at all reasonable times. 

Except as otherwise specified as contemplated by Section 301 with respect to the Securities of
any series, or any Tranche thereof, upon surrender for registration of transfer of any Security of such series or Tranche at the office or agency of the Company maintained pursuant to Section 602 in a
Place of Payment for such series or Tranche, the Company shall execute, and the Trustee shall authenticate and deliver, in the name of the designated transferee or transferees, one or more new Securities of the same series and Tranche, of authorized
denominations and of like tenor and aggregate principal amount. 
 Except as otherwise specified as contemplated by
Section 301 with respect to the Securities of any series, or any Tranche thereof, any Security of such series or Tranche (except a Global Security) may be exchanged at the option of the Holder, for one
or more new Securities of the same series and Tranche, of authorized denominations and of like tenor and aggregate principal amount, upon surrender of the Securities to be exchanged at any such office or agency. Whenever any Securities are so
surrendered for exchange, the Company shall execute, and the Trustee shall authenticate and deliver, the Securities which the Holder making the exchange is entitled to receive. 

All Securities delivered upon any registration of transfer or exchange of Securities shall be valid obligations of the Company, evidencing the
same obligation, and entitled to the same benefits under this Indenture, as the Securities surrendered upon such registration of transfer or exchange. 

Every Security presented or surrendered for registration of transfer or for exchange shall (if so required by the Company, the Trustee or the
Security Registrar) be duly endorsed or shall be 

  
 22 

 
accompanied by a written instrument of transfer in form satisfactory to the Company, the Trustee or the Security Registrar, as the case may be, duly executed by the Holder thereof or his attorney
duly authorized in writing. 
 Unless otherwise specified as contemplated by Section 301 with
respect to Securities of any series, or any Tranche thereof, no service charge shall be made for any registration of transfer or exchange of Securities, but the Company may require payment of a sum sufficient to cover any tax or other governmental
charge that may be imposed in connection with any registration of transfer or exchange of Securities, other than exchanges pursuant to Section 304, 406 or 1206 not involving any transfer. 

The Company shall not be required to execute or to provide for the registration of transfer of or the exchange of (a) Securities of any
series, or any Tranche thereof, during a period of fifteen (15) days immediately preceding the date notice is to be given identifying the serial numbers of the Securities of such series or Tranche called for redemption or (b) any Security
so selected for redemption in whole or in part, except the unredeemed portion of any Security being redeemed in part. 
 Notwithstanding any
other provisions of this Indenture and except as otherwise specified with respect to any particular series of Securities as contemplated by Section 301, a Global Security representing all or a portion
of the Securities of a series may not be transferred, except as a whole by the Depositary for such series to a nominee of such Depositary or by a nominee of such Depositary to such Depositary or another nominee of such Depositary or by such
Depositary or any such nominee to a successor Depositary for such series or a nominee of such successor Depositary. Every Security authenticated and delivered upon registration of, transfer of, or in exchange for or in lieu of, a Global Security
shall be a Global Security except as provided in the two paragraphs immediately following. 
 If at any time the Depositary for any
Securities of a series represented by one or more Global Securities notifies the Company that it is unwilling or unable to continue as Depositary for such Securities or if at any time the Depositary for such Securities shall no longer be eligible to
continue as Depositary under Section 301 or ceases to be a clearing agency registered under the Exchange Act, the Company shall appoint a successor Depositary with respect to such Securities. If a
successor Depositary for such Securities is not appointed by the Company within 90 days after the Company receives such notice or becomes aware of such ineligibility, the Company’s election pursuant to
Section 301 that such Securities be represented by one or more Global Securities shall no longer be effective and the Company will execute and the Trustee, upon receipt of a Company Order for the
authentication and delivery of Definitive Securities of such series, will authenticate and deliver, Securities of such series in definitive registered form without coupons, in any authorized denominations, in an aggregate principal amount equal to
the principal amount of the Global Security or Securities representing such Securities in exchange for such Global Security or Securities registered in the names of such Persons as the Depositary shall direct. 

If specified by the Company pursuant to Section 301 with respect to Securities represented by a
Global Security, the Depositary for such Global Security may surrender such Global Security in exchange in whole or in part for Securities of the same series and tenor in definitive registered form on such terms as are acceptable to the Company, the
Trustee and such Depositary. Thereupon, the Company shall execute, and the Trustee, upon receipt of a Company Order for the authentication and delivery of Securities in definitive registered form, shall authenticate and deliver, without service
charge: 
 (a) to the Person specified by such Depositary a new Security or Securities of the same series and tenor, of any authorized
denominations as requested by such Person, in an aggregate principal amount equal to and in exchange for such Person’s beneficial interest in the Global Security; and 

  
 23 

 (b) to such Depositary a new Global Security in a denomination equal to the difference, if
any, between the principal amount of the surrendered Global Security and the aggregate principal amount of Securities authenticated and delivered pursuant to clause (a) above. 

Every Person who takes or holds any beneficial interest in a Global Security agrees that: 

(i) the Company and the Trustee may deal with the Depositary as sole owner of the Global Security and as the authorized representative of such
Person; 
 (ii) such Person’s rights in the Global Security shall be exercised only through the Depositary and shall be limited to
those rights established by law and agreement between such Person and the Depositary and/or direct and indirect participants of the Depositary; 

(iii) the Depositary and its participants make book-entry transfers of Beneficial Ownership among, and receive and transmit distributions of
the principal of (and premium, if any) and interest on the Global Securities to, such Persons in accordance with their own procedures; and 

(iv) none of the Company, the Trustee, nor any agent of any of them will have any responsibility or liability for any aspect of the records
relating to or payments made on account of Beneficial Ownership interests of a Global Security or for maintaining, supervising or reviewing any records relating to such Beneficial Ownership interests. 

 

	SECTION 306.	Mutilated, Destroyed, Lost and Stolen Securities. 

 If any mutilated Security is
surrendered to the Trustee, the Company shall execute and the Trustee shall authenticate and deliver in exchange therefor a new Security of the same series and Tranche, and of like tenor and principal amount and bearing a number not
contemporaneously outstanding. 
 If there shall be delivered to the Company and the Trustee (a) evidence to their satisfaction of the
ownership of and the destruction, loss or theft of any Security and (b) such security or indemnity as may be reasonably required by them to save each of them and any agent of either of them harmless, then, in the absence of notice to the
Company or the Trustee that such Security has been acquired by a protected purchaser, as this term is defined in the Uniform Commercial Code of New York as in effect on the date of the execution and delivery of this Indenture, the Company shall
execute and the Trustee shall authenticate and deliver, in lieu of any such destroyed, lost or stolen Security, a new Security of the same series and Tranche, and of like tenor and principal amount and bearing a number not contemporaneously
outstanding. 
 Notwithstanding the foregoing, in case any such mutilated, destroyed, lost or stolen Security has become or is about to
become due and payable, the Company in its discretion may, instead of issuing a new Security, pay such Security. 
 Upon the issuance of any
new Security under this Section, the Company may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation thereto and any other reasonable expenses (including the fees and expenses of the
Trustee) connected therewith. 
 Every new Security of any series issued pursuant to this Section in lieu of any destroyed, lost or stolen
Security shall constitute an original additional contractual obligation of the Company, whether or not the destroyed, lost or stolen Security shall be at any time enforceable by anyone other than 

  
 24 

 
the Holder of such new Security, and any such new Security shall be entitled to all the benefits of this Indenture equally and proportionately with any and all other Securities of such series
duly issued hereunder. 
 The provisions of this Section are exclusive and shall preclude (to the extent lawful) all other rights and
remedies with respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities. 
  

	SECTION 307.	Payment of Interest; Interest Rights Preserved. 

 Unless otherwise specified as
contemplated by Section 301 with respect to the Securities of any series, or any Tranche thereof, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest
Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest. 

[2Subject to Section 312, any][Any]
interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the
related Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (a) or (b) below: 

(a) The Company may elect to make payment of any Defaulted Interest to the Persons in whose names the Securities of such series
(or their respective Predecessor Securities) are registered at the close of business on a date (herein called a “Special Record Date”) for the payment of such Defaulted Interest, which shall be fixed in the following manner. The
Company shall notify the Trustee in writing of the amount of Defaulted Interest proposed to be paid on each Security of such series and the date of the proposed payment, and at the same time the Company shall deposit with the Trustee an amount of
money equal to the aggregate amount proposed to be paid in respect of such Defaulted Interest or shall make arrangements satisfactory to the Trustee for such deposit prior to the date of the proposed payment, such money when deposited to be held in
trust for the benefit of the Persons entitled to such Defaulted Interest as in this clause provided. Thereupon the Trustee shall fix a Special Record Date for the payment of such Defaulted Interest which shall be not more than fifteen (15) days
and not less than ten (10) days prior to the date of the proposed payment and not less than ten (10) days after the receipt by the Trustee of the notice of the proposed payment. The Trustee shall promptly notify the Company of such Special
Record Date and, in the name and at the expense of the Company, shall promptly cause notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor to be mailed, first-class postage prepaid, to each Holder of
Securities of such series at the address of such Holder as it appears in the Security Register, not less than 10 days prior to such Special Record Date. Notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor
having been so mailed, such Defaulted Interest shall be paid to the Persons in whose names the Securities of such series (or their respective Predecessor Securities) are registered at the close of business on such Special Record Date. 

(b) The Company may make payment of any Defaulted Interest on the Securities of any series in any other lawful manner not
inconsistent with the requirements of any securities exchange on which such Securities may be listed, and upon such notice as may be required by such exchange, if, after notice given by the Company to the Trustee of the proposed payment pursuant to
this clause, such manner of payment shall be deemed practicable by the Trustee. 

  
 25 

 Subject to the foregoing provisions of this Section and
Section 305, each Security delivered under this Indenture upon registration of transfer of or in exchange for or in lieu of any other Security shall carry the rights to interest accrued and unpaid, and
to accrue, which were carried by such other Security. 
  

	SECTION 308.	Persons Deemed Owners. 

 Prior to the due presentment of a Security for registration of
transfer, the Company, the Trustee and any agent of the Company or the Trustee may treat the Person in whose name such Security is registered as the absolute owner of such Security for the purpose of receiving payment of principal of and premium, if
any, and (subject to Sections 305 and 307) interest, if any, on such Security and for all other purposes whatsoever, whether or not such Security be overdue, and none of the Company, the Trustee or any agent of the Company or the
Trustee shall be affected by notice to the contrary. 
 No holder of any beneficial interest in any Global Security held on its behalf by a
Depositary shall have any rights under this Indenture with respect to such Global Security, and such Depositary may be treated by the Company, the Trustee and any agent of any thereof as the owner of such Global Security for all purposes whatsoever.

  

	SECTION 309.	Cancellation by Security Registrar. 

 All Securities surrendered for payment, redemption,
registration of transfer or exchange shall, if surrendered to any Person other than the Security Registrar, be delivered to the Security Registrar and, if not theretofore canceled, shall be promptly canceled by the Security Registrar. The Company
may at any time deliver to the Security Registrar for cancellation any Securities previously authenticated and delivered hereunder which the Company may have acquired in any manner whatsoever or which the Company shall not have issued and sold, and
all Securities so delivered shall be promptly canceled by the Security Registrar. No Securities shall be authenticated in lieu of or in exchange for any Securities canceled as provided in this Section, except as expressly permitted by this
Indenture. All canceled Securities held by the Security Registrar shall be disposed of in accordance with the customary procedures of the Security Registrar as at the time of disposition shall be in effect, and the Security Registrar shall promptly
deliver a certificate of disposition to the Trustee and the Company unless, by a Company Order delivered to the Security Registrar and the Trustee, the Company shall direct that canceled Securities be returned to it. The Security Registrar shall
promptly deliver evidence of any cancellation of a Security in accordance with this Section 309 to the Trustee and the Company. 
  

	SECTION 310.	Computation of Interest. 

 Except as otherwise specified as contemplated by
Section 301 for Securities of any series, or any Tranche thereof, interest on the Securities of each series shall be computed on the basis of a 360-day year
consisting of twelve 30-day months and for any period shorter than a full month, on the basis of the actual number of days elapsed in such period. 

 

	SECTION 311.	Payment to Be in Proper Currency. 

 In the case of the Securities of any series, or any
Tranche thereof, denominated in any currency other than Dollars or in a composite currency (the “Required Currency”), except as otherwise specified with respect to such Securities as contemplated by
Section 301, the obligation of the Company to make any payment of the principal thereof, or the premium, if any, or interest, if any, thereon, shall not be discharged or satisfied by any tender by the
Company, or recovery by the Trustee, in any currency other than the Required Currency, except to the extent that such tender or recovery shall result in the 

  
 26 

 
Trustee timely holding the full amount of the Required Currency then due and payable. If any such tender or recovery is in a currency other than the Required Currency, the Trustee may take such
actions as it considers appropriate to exchange such currency for the Required Currency. The costs and risks of any such exchange, including without limitation the risks of delay and exchange rate fluctuation, shall be borne by the Company, the
Company shall remain fully liable for any shortfall or delinquency in the full amount of Required Currency then due and payable, and in no circumstances shall the Trustee be liable therefor except in the case of its negligence or willful misconduct.

  

	SECTION 312.	[2Extension of Interest Payment. 

The Company shall have the right at any time, so long as no Event of Default hereunder has occurred and is continuing with respect to the
Securities of any series, to extent interest payment periods from time to time on all Securities of such series, if so specified as contemplated by Section 301 with respect to such Securities and upon
such terms as may be specified as contemplated by Section 301 with respect to such Securities.] 

ARTICLE FOUR 

Redemption of Securities 
  

	SECTION 401.	Applicability of ARTICLE. 

 Securities of any series, or any Tranche thereof, which are
redeemable before their Stated Maturity shall be redeemable in accordance with their terms and (except as otherwise specified as contemplated by Section 301 for Securities of such series or Tranche) in
accordance with this ARTICLE. 
  

	SECTION 402.	Election to Redeem; Notice to Trustee. 

 The election of the Company to redeem any
Securities shall be evidenced by a Board Resolution or an Officer’s Certificate. The Company shall, at least twenty (20) days prior to the Redemption Date fixed by the Company (unless a shorter notice shall be satisfactory to the Trustee),
notify the Trustee in writing of such Redemption Date and of the principal amount of such Securities to be redeemed. In the case of any redemption of Securities (a) prior to the expiration of any restriction on such redemption provided in the
terms of such Securities or elsewhere in this Indenture or (b) pursuant to an election of the Company which is subject to a condition specified in the terms of such Securities, the Company shall furnish the Trustee with an Officer’s
Certificate evidencing compliance with such restriction or condition. 
  

	SECTION 403.	Selection of Securities to Be Redeemed. 

 If less than all the Securities of any series,
or any Tranche thereof, are to be redeemed, the particular Securities to be redeemed shall, if such Securities are in the form of Definitive Securities, be selected by the Security Registrar from the Outstanding Securities of such series or Tranche
not previously called for redemption, by such method as shall be provided for any particular series or Tranche, or in the absence of any such provision, by such method as the Security Registrar shall deem fair and appropriate, and, if such
Securities are in the form of Global Securities, shall be selected in accordance with the procedures of the Depositary, which, in each case, may provide for redemptions of portions of the principal amount of Securities of such series or Tranche of a
denomination larger than the minimum authorized denomination for Securities of such series or Tranche, so long as the unredeemed portion is equal to the minimum authorized denomination for Securities of such series or Tranche or any integral
multiple of $1,000 in excess thereof; provided, however, that if, as indicated in an Officer’s 

  
 27 

 
Certificate, the Company shall have offered to purchase all or any principal amount of the Securities then Outstanding of any series, or any Tranche thereof, and less than all of such Securities
as to which such offer was made shall have been tendered to the Company for such purchase, the Company may, if permitted by the terms of such Securities or any Tranche thereof, redeem all or any principal amount of such Securities which have not
been so tendered in accordance with Section 402. 
 The Security Registrar shall promptly
notify the Company and the Trustee in writing of the Securities selected for redemption and, in the case of any Securities selected to be redeemed in part, the principal amount thereof to be redeemed. 

For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Securities shall
relate, in the case of any Securities redeemed or to be redeemed only in part, to the portion of the principal amount of such Securities which has been or is to be redeemed. 
  

	SECTION 404.	Notice of Redemption. 

 Except as otherwise specified as contemplated by
Section 301 for Securities of any series, notice of redemption shall be given in the manner provided in Section 107 to the Holders of the Securities to be
redeemed not less than ten (10) nor more than sixty (60) days prior to the Redemption Date. 
 Except as otherwise specified as
contemplated by Section 301 for Securities of any series, or any Tranche thereof, all notices of redemption shall state: 

(a) the Redemption Date, 

(b) the Redemption Price, or the formula pursuant to which the Redemption Price is to be determined if the Redemption Price
cannot be determined at the time the notice is given, 
 (c) if less than all the Securities of any series or Tranche are to
be redeemed, the identification of the particular Securities to be redeemed and the portion of the principal amount of any Security to be redeemed in part, 

(d) that on the Redemption Date the Redemption Price, together with accrued interest, if any, to the Redemption Date, will
become due and payable upon each such Security to be redeemed and, if applicable, that interest thereon will cease to accrue on and after said date, 

(e) the place or places where such Securities are to be surrendered for payment of the Redemption Price and accrued interest,
if any, unless it shall have been specified as contemplated by Section 301 with respect to such Securities that such surrender shall not be required, 

(f) that the redemption is for a sinking or other fund, if such is the case, 

(g) the CUSIP numbers, if any, assigned to such Securities; provided, however, that such
notice may state that no representation is made as to the correctness of CUSIP numbers, and the redemption of such Securities shall not be affected by any defect in or omission of such numbers, and 

(h) such other matters as the Company shall deem desirable or appropriate. 

  
 28 

 Unless otherwise specified with respect to any Securities in accordance with
Section 301, with respect to any notice of redemption of Securities at the election of the Company, unless, upon the giving of such notice, such Securities shall be deemed to have been paid in
accordance with Section 701, such notice may state that such redemption shall be conditional upon the receipt by the Paying Agent or Agents for such Securities, on or prior to the date fixed for such
redemption, of money sufficient to pay the principal of and premium, if any, and interest, if any, on such Securities and that if such money shall not have been so received such notice shall be of no force or effect and the Company shall not be
required to redeem such Securities. In the event that such notice of redemption contains such a condition and such money is not so received, the redemption shall not be made and within a reasonable time thereafter notice shall be given, in the
manner in which the notice of redemption was given, that such money was not so received and such redemption was not required to be made, and the Paying Agent or Agents for the Securities otherwise to have been redeemed shall promptly return to the
Holders thereof any of such Securities which had been surrendered for payment upon such redemption. 
 Notice of redemption of Securities to
be redeemed at the election of the Company, and any notice of non-satisfaction of a condition for redemption as aforesaid, shall be given by the Company or, at the Company’s request, by the Security
Registrar in the name and at the expense of the Company. Notice of mandatory redemption of Securities shall be given by the Security Registrar in the name and at the expense of the Company. 

 

	SECTION 405.	Securities Payable on Redemption Date. 

 Notice of redemption having been given as
aforesaid, and the conditions, if any, set forth in such notice having been satisfied, the Securities or portions thereof so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified, and from and
after such date (unless, in the case of an unconditional notice of redemption, the Company shall default in the payment of the Redemption Price and accrued interest, if any) such Securities or portions thereof, if interest-bearing, shall cease to
bear interest. Upon surrender of any such Security for redemption in accordance with such notice, such Security or portion thereof shall be paid by the Company at the Redemption Price, together with accrued interest, if any, to the Redemption Date;
provided, however, that no such surrender shall be a condition to such payment if so specified as contemplated by Section 301 with respect to such Security; and
provided, further, that except as otherwise specified as contemplated by Section 301 with respect to such Security, any installment of interest on any Security the Stated
Maturity of which installment is on or prior to the Redemption Date shall be payable to the Holder of such Security, or one or more Predecessor Securities, registered as such at the close of business on the related Regular Record Date according to
the terms of such Security and subject to the provisions of Section 307. 
  

	SECTION 406.	Securities Redeemed in Part. 

 Upon the surrender of any Security which is to be redeemed
only in part at a Place of Payment therefor (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or his
attorney duly authorized in writing), the Company may execute, and the Trustee may authenticate and deliver to the Holder of such Security, without service charge, a new Security or Securities of the same series and Tranche, of any authorized
denomination requested by such Holder and of like tenor and in aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Security so surrendered, or, in the case of a Global Note, the Company shall
instruct the Security Registrar to decrease such Global Note by the principal amount of the purchased portion of the Security surrendered. 

  
 29 

 ARTICLE FIVE 

Sinking Funds 
  

	SECTION 501.	Applicability of ARTICLE. 

 The provisions of this ARTICLE shall be applicable to any
sinking fund for the retirement of the Securities of any series, or any Tranche thereof, except as otherwise specified as contemplated by Section 301 for Securities of such series or Tranche. 

The minimum amount of any sinking fund payment provided for by the terms of Securities of any series, or any Tranche thereof, is herein
referred to as a “mandatory sinking fund payment”, and any payment in excess of such minimum amount provided for by the terms of Securities of any series, or any Tranche thereof, is herein referred to as an “optional sinking
fund payment”. If provided for by the terms of Securities of any series, or any Tranche thereof, the cash amount of any sinking fund payment may be subject to reduction as provided in
Section 502. Each sinking fund payment shall be applied to the redemption of Securities of the series or Tranche in respect of which it was made as provided for by the terms of such Securities. 

 

	SECTION 502.	Satisfaction of Sinking Fund Payments with Securities. 

 The Company (a) may deliver
to the Trustee Outstanding Securities (other than any previously called for redemption) of a series or Tranche in respect of which a mandatory sinking fund payment is to be made and (b) may apply as a credit Securities of such series or Tranche
which have been (i) redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities or (ii) repurchased
by the Company in the open market, by tender offer or otherwise, in each case in satisfaction of all or any part of such mandatory sinking fund payment; provided, however, that no Securities shall be applied in
satisfaction of a mandatory sinking fund payment if such Securities shall have been previously so applied. Securities so applied shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for
redemption through operation of the sinking fund and the amount of such mandatory sinking fund payment shall be reduced accordingly. 
  

	SECTION 503.	Redemption of Securities for Sinking Fund. 

 Not less than twenty (20) days prior to
each sinking fund payment date for the Securities of any series, or any Tranche thereof, the Company shall deliver to the Trustee an Officer’s Certificate specifying: 

(a) the amount of the next succeeding mandatory sinking fund payment for such series or Tranche; 

(b) the amount, if any, of the optional sinking fund payment to be made together with such mandatory sinking fund payment; 

(c) the aggregate sinking fund payment; 

(d) the portion, if any, of such aggregate sinking fund payment which is to be satisfied by the payment of cash; and 

  
 30 

 (e) the portion, if any, of such aggregate sinking fund payment which is to
be satisfied by delivering and crediting Securities of such series or Tranche pursuant to Section 502 and stating the basis for such credit and that such Securities have not previously been so credited,
and the Company shall also deliver to the Trustee not later than twenty (20) days prior to such sinking fund payment date, any Securities to be so delivered. 

If the Company shall not deliver such Officer’s Certificate, the next succeeding sinking fund payment for such series or Tranche shall be
made entirely in cash in the amount of the mandatory sinking fund payment. Not less than ten (10) days before each such sinking fund payment date, the Securities to be redeemed upon such sinking fund payment date shall be selected in the manner
specified in Section 403 and the Company shall cause notice of the redemption thereof to be given in the name of and at the expense of the Company in the manner provided in
Section 404. Such notice having been duly given, the redemption of such Securities shall be made upon the terms and in the manner stated in Sections 405 and 406. 

ARTICLE SIX 
 Covenants

  

	SECTION 601.	Payment of Principal, Premium and Interest. 

 The Company shall pay the principal of and
premium, if any, and interest, if any, on the Securities of each series in accordance with the terms of such Securities and this Indenture. 
  

	SECTION 602.	Maintenance of Office or Agency. 

 The Company shall maintain in each Place of Payment
for the Securities of each series, or any Tranche thereof, an office or agency where payment of such Securities shall be made, where the registration of transfer or exchange of such Securities may be effected and where notices and demands to or upon
the Company in respect of such Securities and this Indenture may be served. The Company shall give prompt written notice to the Trustee of the location, and any change in the location, of each such office or agency and prompt notice to the Holders
of any such change in the manner specified in Section 107. If at any time the Company shall fail to maintain any such required office or agency in respect of Securities of any series, or any Tranche
thereof, or shall fail to furnish the Trustee with the address thereof, payment of such Securities shall be made, registration of transfer or exchange thereof may be effected and notices and demands in respect thereof may be served at the Corporate
Trust Office of the Trustee, and the Company hereby appoints the Trustee as its agent for all such purposes in any such event. 
 The
Company may also from time to time designate one or more other offices or agencies with respect to the Securities of one or more series, or any Tranche thereof, for any or all of the foregoing purposes and may from time to time rescind such
designations; provided, however, that, unless otherwise specified as contemplated by Section 301 with respect to the Securities of such series or Tranche, no such designation
or rescission shall in any manner relieve the Company of its obligation to maintain an office or agency for such purposes in each Place of Payment for such Securities in accordance with the requirements set forth above. The Company shall give prompt
written notice to the Trustee, and prompt notice to the Holders in the manner specified in Section 107, of any such designation or rescission and of any change in the location of any such other office
or agency. 

  
 31 

 Anything herein to the contrary notwithstanding, any office or agency required by this
Section may be maintained at an office of the Company, in which event the Company shall perform all functions to be performed at such office or agency. 
  

	SECTION 603.	Money for Securities Payments to Be Held in Trust. 

 If the Company shall at any time act
as its own Paying Agent with respect to the Securities of any series, or any Tranche thereof, it shall, on or before each due date of the principal of and premium, if any, and interest, if any, on any of such Securities, segregate and hold in trust
for the benefit of the Persons entitled thereto a sum sufficient to pay the principal and premium or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided. The Company shall promptly
notify the Trustee of any failure by the Company (or any other obligor on such Securities) to make any payment of principal of or premium, if any, or interest, if any, on such Securities. 

Whenever the Company shall have one or more Paying Agents for the Securities of any series, or any Tranche thereof, it shall, on or before
each due date of the principal of and premium, if any, and interest, if any, on such Securities, deposit with such Paying Agents sums sufficient (without duplication) to pay the principal and premium or interest so becoming due, such sums to be held
in trust for the benefit of the Persons entitled to such principal, premium or interest, and (unless such Paying Agent is the Trustee) the Company shall promptly notify the Trustee of any failure by it so to act. 

The Company shall cause each Paying Agent for the Securities of any series, or any Tranche thereof, other than the Company or the Trustee, to
execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section, that such Paying Agent shall: 

(a) hold all sums held by it for the payment of the principal of and premium, if any, or interest, if any, on such Securities
in trust for the benefit of the Persons entitled thereto until such sums shall be paid to such Persons or otherwise disposed of as herein provided; 

(b) give the Trustee notice of any failure by the Company (or any other obligor upon such Securities) to make any payment of
principal of or premium, if any, or interest, if any, on such Securities; and 
 (c) at any time during the continuance of
any such failure, upon the written request of the Trustee, forthwith pay to the Trustee all sums so held in trust by such Paying Agent and furnish to the Trustee such information as it possesses regarding the names and addresses of the Persons
entitled to such sums. 
 The Company may at any time pay, or by Company Order direct any Paying Agent to pay, to the Trustee all sums held
in trust by the Company or such Paying Agent, such sums to be held by the Trustee upon the same trusts as those upon which such sums were held by the Company or such Paying Agent and, if so stated in a Company Order delivered to the Trustee, in
accordance with the provisions of ARTICLE Seven; and, upon such payment by any Paying Agent to the Trustee, such Paying Agent shall be released from all further liability with respect to such money. 

Any money deposited with the Trustee or any Paying Agent, or then held by the Company, in trust for the payment of the principal of and
premium, if any, or interest, if any, on any Security and remaining unclaimed for two years after such principal and premium, if any, or interest, if any, has become due and payable shall be paid to the Company on Company Request, or, if then held
by the Company, shall be discharged from such trust; and, upon such payment or discharge, the Holder of 

  
 32 

 
such Security shall thereafter, as an unsecured general creditor, look only to the Company for payment thereof, and all liability of the Trustee or such Paying Agent with respect to such trust
money, and all liability of the Company as trustee thereof, shall thereupon cease; provided, however, that the Trustee or such Paying Agent, before being required to make any such payment to the Company, may at the
expense of the Company either cause to be (i) published once, in a newspaper published in the English language, customarily published on each Business Day and of general circulation in the Borough of Manhattan, New York City, or
(ii) mailed to the last known Holders of the applicable Securities, on one occasion only, notice that such money remains unclaimed and that, after a date specified therein, which shall not be less than thirty (30) days from the date of
such publication, any unclaimed balance of such money then remaining will be paid to the Company. 
  

	SECTION 604.	Corporate Existence. 

 Subject to the rights of the Company under ARTICLE
Eleven, the Company shall do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence. 
  

	SECTION 605.	Annual Officer’s Certificate as to Compliance. 

 Annually, within 120 days after the
close of each fiscal year beginning with the first fiscal year during which one or more series of Securities are Outstanding, the Company will deliver to the Trustee a brief certificate (which need not include the statements set forth in
Section 103) from the principal executive officer, the principal financial officer or the principal accounting officer of the Company, as to such officer’s knowledge of the Company’s
compliance with all conditions and covenants under this Indenture, such compliance to be determined without regard to any period of grace or requirement of notice under this Indenture. 

 

	SECTION 606.	Waiver of Certain Covenants. 

 The Company may omit in any particular instance to comply
with any term, provision or condition set forth in (a) Section 602 or any additional covenant or restriction specified with respect to the Securities of any series, or any Tranche thereof, as
contemplated by Section 301 (other than any covenant or restriction relating to the payment of principal of or premium, if any, or interest, if any, on any Security) if before the time for such
compliance the Holders of a majority in aggregate principal amount of the Outstanding Securities of all series and Tranches with respect to which compliance with Section 602 or such additional covenant
or restriction is to be omitted, considered as one class, shall, by Act of such Holders, either waive such compliance in such instance or generally waive compliance with such term, provision or condition and
(b) Section 604 or ARTICLE Eleven if before the time for such compliance the Holders of a majority in principal amount of Securities Outstanding under this Indenture shall, by Act of
such Holders, either waive such compliance in such instance or generally waive compliance with such term, provision or condition; but, in the case of (a) or (b), no such waiver shall extend to or affect such term, provision or condition or
additional covenant or restriction except to the extent so expressly waived, and, until such waiver shall become effective, the obligations of the Company and the duties of the Trustee in respect of any such term, provision or condition or covenant
or restriction shall remain in full force and effect. 

  
 33 

 ARTICLE SEVEN 

Satisfaction and Discharge 
  

	SECTION 701.	Satisfaction and Discharge of Securities. 

 Subject to
Section 702, any Security or Securities, or any portion of the principal amount thereof, shall be deemed to have been paid for all purposes of this Indenture, and the entire indebtedness of the Company
in respect thereof shall be deemed to have been satisfied and discharged, if there shall have been irrevocably deposited with the Trustee or any Paying Agent (other than the Company), in trust: 

(a) money in an amount which shall be sufficient, or 

(b) in the case of a deposit made prior to the Maturity of such Securities or portions thereof, Eligible Obligations, which shall not contain
provisions permitting the redemption or other prepayment thereof at the option of the issuer thereof, the principal of and the interest on which when due, without any regard to reinvestment thereof, will provide moneys which, together with the
money, if any, deposited with or held by the Trustee or such Paying Agent, shall be sufficient, or 
 (c) a combination of (a) or (b)
which shall be sufficient, 
 to pay when due the principal of and premium, if any, and interest, if any, due and to become due on such
Securities or portions thereof on or prior to Maturity; provided, however, that in the case of the provision for payment or redemption of less than all the Securities of any series or Tranche, such Securities or portions
thereof shall have been selected as provided herein and, in the case of a redemption, the notice requisite to the validity of such redemption shall have been given or irrevocable authority shall have been given by the Company to the Trustee to give
such notice, under arrangements satisfactory to the Trustee; and provided, further, that the Company shall have delivered to the Trustee and such Paying Agent: 

(x) if such deposit shall have been made prior to the Maturity of such Securities, a Company Order stating that the money and Eligible
Obligations deposited in accordance with this Section shall be held in trust, as provided in Section 703; 

(y) if Eligible Obligations shall have been deposited, an Opinion of Counsel that the obligations so deposited constitute Eligible Obligations
and do not contain provisions permitting the redemption or other prepayment at the option of the issuer thereof, and an opinion of an independent public accountant of nationally recognized standing, selected by the Company, to the effect that the
requirements set forth in clause (b) above have been satisfied; and 
 (z) if such deposit shall have been made prior to
the Maturity of such Securities, an Officer’s Certificate stating the Company’s intention that, upon delivery of such Officer’s Certificate, its indebtedness in respect of such Securities or portions thereof will have been satisfied
and discharged as contemplated in this Section; 
 provided, that no Default with respect to the outstanding series of such Securities has
occurred and is continuing at the time of such deposit after giving effect to the deposit; provided, however, that any Event of Default resulting from (i) any borrowing of funds by the Company to be applied to such
deposit and (ii) the grant of any security interest or lien securing such borrowing of funds shall not prevent the Company from exercising the rights of satisfaction and discharge in this Section. 

  
 34 

 Upon the deposit of money or Eligible Obligations, or both, in accordance with this Section,
together with the documents required by clauses (x), (y) and (z) above, the Trustee shall, upon receipt of a Company Request, acknowledge in writing that the Security or Securities or portions thereof with respect to which such
deposit was made are deemed to have been paid for all purposes of this Indenture and that the entire indebtedness of the Company in respect thereof has been satisfied and discharged as contemplated in this Section. In the event that all of the
conditions set forth in the preceding paragraph shall have been satisfied in respect of any Securities or portions thereof except that, for any reason, the Officer’s Certificate specified in clause (z) shall not have been
delivered, such Securities or portions thereof shall nevertheless be deemed to have been paid for all purposes of this Indenture, and the Holders of such Securities or portions thereof shall nevertheless be no longer entitled to the benefits of this
Indenture or of any of the covenants of the Company under ARTICLE Six (except the covenants contained in Sections 602, 603 and 604) or any other covenants made in respect of such
Securities or portions thereof as contemplated by Section 301, but the indebtedness of the Company in respect of such Securities or portions thereof shall not be deemed to have been satisfied and
discharged prior to Maturity for any other purpose, and the Holders of such Securities or portions thereof shall continue to be entitled to look to the Company for payment of the indebtedness represented thereby; and, upon Company Request, the
Trustee shall acknowledge in writing that such Securities or portions thereof are deemed to have been paid for all purposes of this Indenture. 

If payment at Stated Maturity of less than all of the Securities of any series, or any Tranche thereof, is to be provided for in the manner
and with the effect provided in this Section, such Securities, or portions of principal amount thereof, shall be selected in the manner specified by Section 403 for selection for redemption of less than
all the Securities of a series or Tranche. 
 In the event that Securities which shall be deemed to have been paid for purposes of this
Indenture, and, if such is the case, in respect of which the Company’s indebtedness shall have been satisfied and discharged, all as provided in this Section do not mature and are not to be redeemed within the 60 day period commencing with the
date of the deposit of moneys or Eligible Obligations, as aforesaid, the Company shall, as promptly as practicable, give a notice, in the same manner as a notice of redemption with respect to such Securities, to the Holders of such Securities to the
effect that such deposit has been made and the effect thereof. 
 Notwithstanding that any Securities shall be deemed to have been paid for
purposes of this Indenture, as aforesaid, the (i) obligations of the Company and the Trustee in respect of such Securities under Sections 304, 305, 306, 403, 404, 406, 503 (as to notice of redemption), 602, 603, 907, 909,
910 and 915 and this ARTICLE Seven shall survive and (ii) the rights of the Holders of such Securities to receive out of the amounts so deposited payments of principal, premium, if any, and interest, if any, and the
Redemption Price, if applicable, when due shall survive. 
 The Company shall pay, and shall indemnify the Trustee or any Paying Agent with
which Eligible Obligations shall have been deposited as provided in this Section against, any tax, fee or other charge imposed on or assessed against such Eligible Obligations or the principal or interest received in respect of such Eligible
Obligations, including, but not limited to, any such tax payable by any entity deemed, for tax purposes, to have been created as a result of such deposit. 

Anything herein to the contrary notwithstanding, (a) if, at any time after a Security would be deemed to have been paid for purposes of
this Indenture, and, if such is the case, the Company’s indebtedness in respect thereof would be deemed to have been satisfied or discharged, pursuant to this Section (without regard to the provisions of this paragraph), the Trustee or any
Paying Agent, as the case may be, shall be required to return the money or Eligible Obligations, or combination thereof, deposited with it as aforesaid to the Company or its representative under any applicable Federal or State bankruptcy,

  
 35 

 
insolvency or other similar law, such Security shall thereupon be deemed retroactively not to have been paid and any satisfaction and discharge of the Company’s indebtedness in respect
thereof shall retroactively be deemed not to have been effected, and such Security shall be deemed to remain Outstanding and (b) any satisfaction and discharge of the Company’s indebtedness in respect of any Security shall be subject to
the provisions of the last paragraph of Section 603. 
  

	SECTION 702.	Satisfaction and Discharge of Indenture. 

 This Indenture shall upon Company Request
cease to be of further effect (except as hereinafter expressly provided), and the Trustee, at the expense of the Company, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture, when either: 

(a) no Securities remain Outstanding hereunder; or 

(b) all Securities that have not been delivered to the Trustee for cancellation have become due and payable by reason of the mailing or other
delivery of a notice of redemption or otherwise or will become due and payable within one year and the Company has irrevocably deposited or caused to be deposited with the Trustee as trust funds in trust solely for the benefit of the Holders, cash
in Dollars, non-callable Eligible Obligations, or a combination of cash in Dollars and non-callable Eligible Obligations, in such amounts as will be sufficient, without
consideration of any reinvestment of interest, to pay and discharge the entire debt on the Securities not delivered to the Trustee for cancellation for principal, premium and accrued interest to the maturity date or Redemption Date; 

provided, however, that if, in accordance with the last paragraph of
Section 701, any Security, previously deemed to have been paid for purposes of this Indenture, shall be deemed (including pursuant to the proviso in the next sentence) retroactively not to have been so
paid, this Indenture shall thereupon be deemed retroactively not to have been satisfied and discharged, as aforesaid, and to remain in full force and effect, and the Company shall execute and deliver such instruments as the Trustee shall reasonably
request to evidence and acknowledge the same. 
 With respect to any redemption that requires the payment of an amount in excess of 100% of
the principal amount of the Securities of such series to be redeemed, the amount deposited pursuant to this Section shall be sufficient for purposes of this Indenture to the extent that an amount is deposited with the Trustee equal to the Redemption
Price of the Securities of such series to be redeemed calculated as of the date of the notice of redemption, provided that any deficit as of the Redemption Date is deposited with the Trustee on or prior to the Redemption Date. 

Notwithstanding the satisfaction and discharge of this Indenture as aforesaid, the (i) obligations of the Company and the Trustee under
Sections 304, 305, 306, 403, 404, 406, 503 (as to notice of redemption), 602, 603, 907, 909, 910 and 915 and this ARTICLE Seven shall survive and (ii) the rights of the Holders of such Securities to
receive out of the amounts so deposited payments of principal, premium, if any, and interest, if any, and the Redemption Price, if applicable, when due shall survive. 

Upon satisfaction and discharge of this Indenture as provided in this Section, the Trustee shall assign, transfer and turn over to the
Company, subject to the lien provided by Section 907, any and all money, securities and other property then held by the Trustee for the benefit of the Holders of the Securities other than money and
Eligible Obligations held by the Trustee pursuant to Section 704. 

  
 36 

	SECTION 703.	Conditions to Legal Defeasance. 

 In order to exercise the defeasance under
Section 701, the Company must deliver to the Trustee an Opinion of Counsel confirming that: 

(a) the Company has received from, or there has been published by, the Internal Revenue Service a ruling; or 

(b) since the date on which the applicable Outstanding Securities were issued, there has been a change in the applicable U.S. federal income
tax law, 
 in either case to the effect that, and based thereon such Opinion of Counsel shall confirm that, the Beneficial Owners of the
applicable Outstanding Securities will not recognize income, gain or loss for U.S. federal income tax purposes as a result of such legal defeasance and will be subject to U.S. federal income tax on the same amounts, and in the same manner and at the
same times as would have been the case if such legal defeasance had not occurred; 
  

	SECTION 704.	Application of Trust Money. 

 Neither the Eligible Obligations nor the money deposited
pursuant to Section 701, nor the principal or interest payments on any such Eligible Obligations, shall be withdrawn or used for any purpose other than, and such Eligible Obligations and money deposited
and the principal and interest payments on any such Eligible Obligations shall be held in trust for, the payment of the principal of and premium, if any, and interest, if any, on the Securities or portions of principal amount thereof in respect of
which such deposit was made, all subject, however, to the provisions of Section 603; provided, however, that, so long as there shall not have occurred and be continuing an
Event of Default, any cash received from such principal or interest payments on such Eligible Obligations, if not then needed for such purpose, shall, to the extent practicable, be invested in Eligible Obligations of the type described in
clause (b) in the first paragraph of Section 701 maturing at such times and in such amounts as shall be sufficient to pay when due the principal of and premium, if any,
and interest, if any, due and to become due on such Securities or portions thereof on and prior to the Maturity thereof, and interest earned from such reinvestment shall be paid over to the Company as received, free and clear of any trust, lien or
pledge under this Indenture except the lien provided by Section 907; and provided, further, that, so long as there shall not have occurred and be continuing an Event of
Default, any moneys held in accordance with this Section on the Maturity of all such Securities in excess of the amount required to pay the principal of and premium, if any, and interest, if any, then due on such Securities shall be paid over to the
Company free and clear of any trust, lien or pledge under this Indenture except the lien provided by Section 907; and provided, further, that if an Event of Default shall
have occurred and be continuing, moneys to be paid over to the Company pursuant to this Section shall be held until such Event of Default shall have been waived or cured. 

ARTICLE EIGHT 
 Events
of Default; Remedies 
  

	SECTION 801.	Events of Default. 

 “Event of Default”, wherever used herein with
respect to Securities of any series, means any one of the following events: 

  
 37 

 (a) failure to pay interest, if any, on any Security of such series within
thirty (30) days after the same becomes due and payable [2(whether or not payment is prohibited by the subordination provisions of ARTICLE Fourteen hereof);
provided, however, that a valid extension of the interest payment period by the Company as contemplated in Section 312 of this Indenture shall not constitute a default in the
payment of interest for this purpose]; 
 (b) failure to pay the principal of or premium, if any, on any Security of such
series when it is due [2(whether or not payment is prohibited by the subordination provisions of ARTICLE Fourteen hereof)]; 

(c) failure by the Company to comply with its obligations under Section 1101;

 (d) failure to perform, or breach of, any covenant or warranty of the Company in this Indenture (other than a covenant or
warranty a default in the performance of which or breach of which is elsewhere in this Section specifically dealt with or which has expressly been included in this Indenture solely for the benefit of one or more series of Securities other than such
series) for a period of 90 days after there has been given written notice to the Company by the Trustee, or to the Company and the Trustee by the Holders of at least 33% in principal amount of the Outstanding Securities of such series, a written
notice specifying such default or breach and requiring it to be remedied and stating that such notice is a “Notice of Default” hereunder, unless the Trustee, or the Trustee and the Holders of a principal amount of Securities of such series
not less than the principal amount of Securities the Holders of which gave such notice, as the case may be, shall agree, at the request of the Company, in writing to an extension of such period prior to its expiration; provided,
however, that the Trustee, or the Trustee and the Holders of such principal amount of Securities of such series, as the case may be, shall be deemed to have agreed to an extension of such period if corrective action is initiated by the
Company within such period and is being diligently pursued; 
 (e) the entry by a court having jurisdiction in the premises
of (1) a decree or order for relief in respect of the Company in an involuntary case or proceeding under any applicable Federal or State bankruptcy, insolvency, reorganization or other similar law or (2) a decree or order adjudging the
Company a bankrupt or insolvent, or approving as properly filed a petition by one or more Persons other than the Company seeking reorganization, arrangement, adjustment or composition of or in respect of the Company, under any applicable Federal or
State law, or appointing a custodian, receiver, liquidator, assignee, trustee, sequestrator or other similar official for the Company or for any substantial part of the property of any of the Company, or ordering the winding up or liquidation of its
affairs, and any such decree or order for relief or any such other decree or order shall have remained unstayed and in effect for a period of 90 consecutive days; 

(f) the commencement by the Company of a voluntary case or proceeding under any applicable Federal or State bankruptcy,
insolvency, reorganization or other similar law or of any other case or proceeding to be adjudicated a bankrupt or insolvent, or the consent by it to the entry of a decree or order for relief in respect of the Company in a case or proceeding under
any applicable Federal or State bankruptcy, insolvency, reorganization or other similar law or to the commencement of any bankruptcy or insolvency case or proceeding against it, or the filing by it of a petition or answer or consent seeking
reorganization or relief under any applicable Federal or State law, or the consent by it to the filing of such petition or to the appointment of or taking possession by a custodian, receiver, liquidator, assignee, trustee, sequestrator or similar
official of the Company or of any substantial part of its property, or the making by it of an assignment for 

  
 38 

 
the benefit of creditors, or the admission by it in writing of its inability to pay its debts generally as they become due, or the authorization of such action by the Board of Directors; or 

(g) any other Event of Default specified with respect to Securities of such series. 

 

	SECTION 802.	Acceleration of Maturity; Rescission and Annulment. 

 If an Event of Default [2(other than an Event of Default described in Section 801(d))] applicable to the Securities of one or more series, but not applicable to all Outstanding
Securities, shall have occurred and be continuing, either the Trustee or the Holders of not less than 33% in aggregate principal amount of the Securities of each such series may then declare the principal amount of all Securities of such series (or,
if any of the Securities of such series are Discount Securities, such portion of the principal amount of such Securities as may be specified in the terms thereof as contemplated by Section 301) and
interest accrued thereon to be due and payable immediately [2(provided that the payment of principal and interest on such Securities shall remain subordinated to the extent provided in this
Indenture)], by a notice in writing to the Company (and to the Trustee if given by Holders), and, upon receipt by the Company of notice of such declaration of acceleration, such principal amount (or specified amount) and interest accrued thereon
shall become immediately due and payable. If an Event of Default [2(other than an Event of Default described in Section 801(d))] applicable to all
Outstanding Securities shall have occurred and be continuing, either the Trustee or the Holders of not less than 33% in principal amount of all Securities then Outstanding (considered as one class), and not the Holders of the Securities of any one
of such series, may declare the principal of all Securities (or, if any of the Securities of such series are Discount Securities, such portion of the principal amount of such Securities as may be specified in the terms thereof as contemplated by
Section 301) and interest accrued thereon to be due and payable immediately [2(provided that the payment of principal and interest on such Securities
shall remain subordinated to the extent provided in this Indenture)], by a notice in writing to the Company (and to the Trustee if given by Holders), and, upon receipt by the Company of notice of such declaration of acceleration, such principal
amount (or specified amount) and interest accrued thereon shall become immediately due and payable. 
 At any time after such a declaration
of acceleration with respect to Securities of any series shall have been made and before a judgment or decree for payment of the money due shall have been obtained by the Trustee as hereinafter in this ARTICLE provided, the Event or Events of
Default giving rise to such declaration of acceleration shall, without further act, be deemed to have been waived, and such declaration and its consequences shall, without further act, be deemed to have been rescinded and annulled, if: 

(a) the Company shall have paid or deposited with the Trustee a sum sufficient to pay: 

(1) all overdue interest on all Securities of such series; 

(2) the principal of and premium, if any, on any Securities of such series which have become due otherwise than by such
declaration of acceleration and interest thereon at the rate or rates prescribed therefor in such Securities; 
 (3) to the
extent that payment of such interest is lawful, interest upon overdue interest at the rate or rates prescribed therefor in such Securities; 

(4) all amounts due to the Trustee under Section 907; and 

  
 39 

 (b) all Events of Default with respect to Securities of such series, other
than the non-payment of the principal of Securities of such series which shall have become due solely by such declaration of acceleration, shall have been cured or waived as provided in
Section 813, including the Event or Events of Default that gave rise to such declaration. 
 No such
rescission shall affect any subsequent Event of Default or impair any right consequent thereon. 
 Notwithstanding the foregoing, upon the occurrence of an
actual or deemed entry of an order for relief with respect to the Company under the Federal bankruptcy code, then 100% of the principal amount of, and all accrued and unpaid interest on, all of the Securities then outstanding shall, automatically
and without any notice or other action by the Trustee or any Holder, be and become immediately due and payable, to the fullest extent permitted by Applicable Law. 
  

	SECTION 803.	Collection of Indebtedness and Suits for Enforcement by Trustee. 

 If an Event of Default
described in clause (a) or (b) of Section 801 shall have occurred and be continuing, the Company shall, upon demand of the Trustee, pay to it, for the
benefit of the Holders of the Securities of the series with respect to which such Event of Default shall have occurred, the whole amount then due and payable on such Securities for principal and premium, if any, and interest, if any, and, to the
extent permitted by law, interest on premium, if any, and on any overdue principal and interest, at the rate or rates prescribed therefor in such Securities, and, in addition thereto, such further amount as shall be sufficient to cover any amounts
due to the Trustee under Section 907. 
 If the Company shall fail to pay such amounts
forthwith upon such demand, the Trustee, in its own name and as trustee of an express trust, may institute a judicial proceeding for the collection of the sums so due and unpaid, may prosecute such proceeding to judgment or final decree and may
enforce the same against the Company or any other obligor upon such Securities and collect the moneys adjudged or decreed to be payable in the manner provided by law out of the property of the Company or any other obligor upon such Securities,
wherever situated. 
 If an Event of Default with respect to Securities of any series shall have occurred and be continuing, the Trustee may
in its discretion proceed to protect and enforce its rights and the rights of the Holders of Securities of such series by such appropriate judicial proceedings as the Trustee shall deem most effectual to protect and enforce any such rights, whether
for the specific enforcement of any covenant or agreement in this Indenture or in aid of the exercise of any power granted herein, or to enforce any other proper remedy. 
  

	SECTION 804.	Trustee May File Proofs of Claim. 

 In case of the pendency of any receivership,
insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to the Company or any other obligor upon the Securities or the property of the Company or of such other obligor or their
creditors, the Trustee (irrespective of whether the principal of the Securities shall then be due and payable as therein expressed or by declaration or otherwise and irrespective of whether the Trustee shall have made any demand on the Company for
the payment of overdue principal or interest) shall be entitled and empowered, by intervention in such proceeding or otherwise, 

(a) to file and prove a claim for the whole amount of principal, premium, if any, and interest, if any, owing and unpaid in
respect of the Securities and to file such other papers or documents as may be necessary or advisable in order to have the claims of the Trustee (including 

  
 40 

 
any claim for amounts due to the Trustee under Section 907) and of the Holders allowed in such judicial proceeding, and 

(b) to collect and receive any moneys or other property payable or deliverable on any such claims and to distribute the same;

 and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is hereby authorized
by each Holder to make such payments to the Trustee and, in the event that the Trustee shall consent to the making of such payments directly to the Holders, to pay to the Trustee any amounts due it under
Section 907. 
 Nothing herein contained shall be deemed to authorize the Trustee to
authorize or consent to or accept or adopt on behalf of any Holder any plan of reorganization, arrangement, adjustment or composition affecting the Securities or the rights of any Holder thereof or to authorize the Trustee to vote in respect of the
claim of any Holder in any such proceeding. 
  

	SECTION 805.	Trustee May Enforce Claims Without Possession of Securities. 

 All rights of action and
claims under this Indenture or the Securities may be prosecuted and enforced by the Trustee without the possession of any of the Securities or the production thereof in any proceeding relating thereto, and any such proceeding instituted by the
Trustee shall be brought in its own name as trustee of an express trust, and any recovery of judgment shall, after provision for the payment of the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel,
be for the ratable benefit of the Holders in respect of which such judgment has been recovered. 
  

	SECTION 806.	Application of Money Collected. 

 Any money collected by the Trustee pursuant to this
ARTICLE shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal or premium, if any, or interest, if any, upon presentation of the Securities in respect
of which or for the benefit of which such money shall have been collected and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid: 

First: To the payment of all amounts due the Trustee under Section 907;

 Second: [2Subject to the provisions of
ARTICLE Fourteen,] To the payment of the amounts then due and unpaid upon the Securities for principal of and premium, if any, and interest, if any, in respect of which or for the benefit of which such money has been
collected, ratably, without preference or priority of any kind, according to the amounts due and payable on such Securities for principal, premium, if any, and interest, if any, respectively; and 

Third: To the Company. 
  

	SECTION 807.	Limitation on Suits. 

 Except as provided in
Section 808, no Holder shall have any right to institute any proceeding, judicial or otherwise, with respect to this Indenture, or for the appointment of a receiver or trustee, or for any other remedy
hereunder, unless: 

  
 41 

 (a) such Holder shall have previously given written notice to the Trustee of
a continuing Event of Default with respect to the Securities of such series; 
 (b) the Holders of a majority in aggregate
principal amount of the Outstanding Securities of all series in respect of which an Event of Default shall have occurred and be continuing, considered as one class, shall have made written request to the Trustee to institute proceedings in respect
of such Event of Default in its own name as Trustee hereunder; 
 (c) such Holder or Holders shall have offered to the
Trustee reasonable indemnity against the costs, expenses and liabilities to be incurred in compliance with such request; 

(d) the Trustee for sixty (60) days after its receipt of such notice, request and offer of indemnity shall have failed to
institute any such proceeding; and 
 (e) no direction inconsistent with such written request shall have been given to the
Trustee during such sixty (60)-day period by the Holders of a majority in aggregate principal amount of the Outstanding Securities of all series in respect of which an Event of Default shall have occurred and
be continuing, considered as one class; 
 it being understood and intended that no one or more of such Holders shall have any right in any manner whatever
by virtue of, or by availing of, any provision of this Indenture to affect, disturb or prejudice the rights of any other of such Holders or to obtain or to seek to obtain priority or preference over any other of such Holders or to enforce any right
under this Indenture, except in the manner herein provided and for the equal and ratable benefit of all of such Holders. 
  

	SECTION 808.	Unconditional Right of Holders to Receive Principal, Premium and Interest. 

Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to
receive payment of the principal of and premium, if any, and (subject to Section 307 [2and
Section 312)] interest, if any, on such Security on the Stated Maturity or Maturities expressed in such Security (or, in the case of redemption, on the Redemption Date) and to institute suit for the
enforcement of any such payment, and such rights shall not be impaired without the consent of such Holder. 
  

	SECTION 809.	Restoration of Rights and Remedies. 

 If the Trustee or any Holder has instituted any
proceeding to enforce any right or remedy under this Indenture and such proceeding shall have been discontinued or abandoned for any reason, or shall have been determined adversely to the Trustee or to such Holder, then and in every such case,
subject to any determination in such proceeding, the Company, and Trustee and such Holder shall be restored severally and respectively to their former positions hereunder and thereafter all rights and remedies of the Trustee and such Holder shall
continue as though no such proceeding had been instituted. 
  

	SECTION 810.	Rights and Remedies Cumulative. 

 Except as otherwise provided in the last
paragraph of Section 306, no right or remedy herein conferred upon or reserved to the Trustee or to the Holders is intended to be exclusive of any other right or remedy, and every right and
remedy shall, to the extent permitted by law, be cumulative and in addition to every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder,
or otherwise, shall not prevent the concurrent assertion or employment of any other appropriate right or remedy. 

  
 42 

	SECTION 811.	Delay or Omission Not Waiver. 

 No delay or omission of the Trustee or of any Holder to
exercise any right or remedy accruing upon any Event of Default shall impair any such right or remedy or constitute a waiver of any such Event of Default or an acquiescence therein. Every right and remedy given by this ARTICLE or by law to the
Trustee or to the Holders may be exercised from time to time, and as often as may be deemed expedient, by the Trustee or by the Holders, as the case may be. 
  

	SECTION 812.	Control by Holders of Securities. 

 If an Event of Default shall have occurred and be
continuing in respect of a series of Securities, the Holders of a majority in principal amount of the Outstanding Securities of such series shall have the right to direct the time, method and place of conducting any proceeding for any remedy
available to the Trustee, or exercising any trust or power conferred on the Trustee, with respect to the Securities of such series; provided, however, that if an Event of Default shall have occurred and be continuing with
respect to more than one series of Securities, the Holders of a majority in aggregate principal amount of the Outstanding Securities of all such series, considered as one class, shall have the right to make such direction, and not the Holders of the
Securities of any one of such series; and provided, further, that 
 (a) such direction shall not
be in conflict with any rule of law or with this Indenture, and could not involve the Trustee in personal liability in circumstances where indemnity would not, in the Trustee’s sole discretion, be adequate, and 

(b) the Trustee may take any other action deemed proper by the Trustee which is not inconsistent with such direction. 

 

	SECTION 813.	Waiver of Past Defaults. 

 The Holders of a majority in principal amount of the
Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default 

(a) in the payment of the principal of or premium, if any, or interest, if any, on any Security of such series, or 

(b) in respect of a covenant or provision hereof which under Section 1202 cannot
be modified or amended without the consent of the Holder of each Outstanding Security of such series affected. 
 Upon any such waiver, such
default shall cease to exist, and any and all Events of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right
consequent thereon. 
  

	SECTION 814.	Undertaking for Costs. 

 The Company and the Trustee agree, and each Holder by his
acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Trustee for any action taken, suffered or
omitted by it as Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorneys’ fees, against any party
litigant in such suit, having due regard to the merits and good faith of the claims or 

  
 43 

 
defenses made by such party litigant; but the provisions of this Section shall not apply to any suit instituted by the Company, to any suit instituted by the Trustee, to any suit instituted by
any Holder, or group of Holders, holding in the aggregate more than 10% in aggregate principal amount of the Outstanding Securities of all series in respect of which such suit may be brought, considered as one class, or to any suit instituted by any
Holder for the enforcement of the payment of the principal of or premium, if any, or interest, if any, on any Security on or after the Stated Maturity or Maturities expressed in such Security (or, in the case of redemption, on or after the
Redemption Date). 
  

	SECTION 815.	Waiver of Stay or Extension Laws. 

 The Company covenants (to the extent that it may
lawfully do so) that it will not at any time insist upon, or plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay or extension law wherever enacted, now or at any time hereafter in force, which may affect the
covenants or the performance of this Indenture; and the Company (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law and covenants that it will not hinder, delay or impede the execution of any
power herein granted to the Trustee, but will suffer and permit the execution of every such power as though no such law had been enacted. 

ARTICLE NINE 
 The
Trustee 
  

	SECTION 901.	Certain Duties and Responsibilities. 

 (a) Except during the continuance
of an Event of Default with respect to Securities of any series, 
 (i) the Trustee undertakes to perform, with respect to
Securities of such series, such duties and only such duties as are specifically set forth in this Indenture, and no implied covenants or obligations shall be read into this Indenture against the Trustee; and 

(ii) in the absence of bad faith on its part, the Trustee may, with respect to Securities of such series, conclusively rely, as
to the truth of the statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture, the Securities of such series or the Guarantees of
such series of Securities; but in the case of any such certificates or opinions which by any provisions hereof are specifically required to be furnished to the Trustee, the Trustee shall be under a duty to examine the same to determine whether or
not they conform to the requirements of this Indenture, the Securities of such series or the Guarantees of such series of Securities. 

(b) In case an Event of Default with respect to Securities of any series shall have occurred and be continuing, the Trustee
shall exercise, with respect to the Securities of such series, such of the rights and powers vested in it by this Indenture, the Securities of such series and the Guarantees of such series of Securities, and use the same degree of care and skill in
their exercise, as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs. 

  
 44 

 (c) No provision of this Indenture shall be construed to relieve the Trustee
from liability for its own negligent action, its own negligent failure to act, or its own willful misconduct, except that: 

(i) this subsection shall not be construed to limit the effect of subsection (a) of this Section; 

(ii) the Trustee shall not be liable for any error of judgment made in good faith by a Responsible Officer, unless it shall be
proved that the Trustee was negligent in ascertaining the pertinent facts; 
 (iii) the Trustee shall not be liable with
respect to any action taken or omitted to be taken by it in good faith in accordance with a direction received by the Trustee pursuant to Section 812, or exercising any trust or power conferred upon the
Trustee, under this Indenture with respect to the Securities of such series; and 
 (iv) no provision of this Indenture shall
require the Trustee to expend or risk its own funds or otherwise incur any financial liability in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers, if it shall have reasonable grounds for believing
that repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it. 
 (d)
Whether or not therein expressly so provided, every provision of this Indenture relating to the conduct or affecting the liability of or affording protection to the Trustee shall be subject to the provisions of this Section. 

 

	SECTION 902.	Notice of Defaults. 

 (a) If a default or Event of Default occurs and is continuing and
is known to a Responsible Officer, the Trustee shall deliver to each Holder notice of such default or Event of Default within 90 days after it occurs, or if later, promptly after the Trustee obtains knowledge of such default; provided
that except in the case of a default described in Section 801(a) or Section 801(b), the Trustee may withhold notice if and so long as it in good faith
determines that withholding the notice is in the interests of the Holders; provided, however, that in the case of any default of the character specified in Section 801(c), no
such notice to Holders shall be given until at least forty-five (45) days after the occurrence thereof. For the purpose of this Section, the term “default” means any event which is, or after notice or lapse of time, or both, would
become, an Event of Default. 
 (b) Except as otherwise provided as contemplated by
Section 301 with respect to any series of Securities, the Company shall furnish to the Trustee annually, within 120 days after the end of each fiscal year, a brief certificate from an Authorized Officer
as to his or her knowledge of the Company’s compliance with all conditions and covenants under this Indenture (which compliance shall be determined without regard to any period of grace or requirement of notice provided under this Indenture)
and, in the event of any default, specifying each such default and the nature and status thereof of which such person may have knowledge. Such certificates need not comply with Section 103 of this
Indenture. 
 (c) Promptly after becoming aware of any default or Event of Default, the Company shall deliver to the Trustee a statement
specifying such default or Event of Default. 

  
 45 

	SECTION 903.	Certain Rights of Trustee. 

 Subject to the provisions of
Section 901 and to the applicable provisions of the Trust Indenture Act: 

(a) the Trustee may rely and shall be protected in acting or refraining from acting upon any resolution, certificate,
statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or document believed by it to be genuine and to have been signed or presented by the proper
party or parties; 
 (b) as between the parties hereto, the Trustee agrees to accept and act upon instructions or directions
pursuant to this Indenture sent by unsecured e-mail, facsimile transmission or other similar unsecured electronic methods. In the absence of gross negligence or willful misconduct, the Trustee’s
understanding of any such instructions or directions as may be given by the Company pursuant to this paragraph shall be deemed controlling. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the
Trustee’s reliance upon and compliance with such instructions or directions notwithstanding that such instructions or directions conflict or are inconsistent with a subsequent written instruction or direction received by the Trustee after it
has acted in compliance with the prior unsecured e-mail, facsimile transmission, or direction or instruction provided by other similar unsecured electronic methods. The Company providing electronic
instructions or directions agrees to assume all risks arising out of the use of such electronic methods to submit instructions and directions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized instructions or
directions, and the risk of interception and misuse of such electronic instructions or direction by third parties; 
 (c) any
request or direction of the Company mentioned herein shall be sufficiently evidenced by a Company Request or Company Order, or as otherwise expressly provided herein, and any resolution of the Board of Directors may be sufficiently evidenced by a
Board Resolution; 
 (d) whenever in the administration of this Indenture the Trustee shall deem it desirable that a matter
be proved or established prior to taking, suffering or omitting any action hereunder, the Trustee (unless other evidence be herein specifically prescribed) may, in the absence of bad faith on its part, rely upon an Officer’s Certificate; 

(e) the Trustee may consult with counsel of its selection and the written advice of such counsel or any Opinion of Counsel
shall be full and complete authorization and protection in respect of any action taken, suffered or omitted by it hereunder in good faith and in reliance thereon; 

(f) the Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture, the
Securities of such series or the Guarantees of such series of Securities at the request or direction of any Holder pursuant to this Indenture, unless such Holder shall have offered to the Trustee reasonable security or indemnity against the costs,
expenses and liabilities which might be incurred by it in compliance with such request or direction; 
 (g) the Trustee shall
not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or
other paper or document, but the Trustee, in its discretion, may make such further inquiry or investigation into 

  
 46 

 
such facts or matters as it may see fit, and, if the Trustee shall determine to make such further inquiry or investigation, it shall (subject to applicable legal requirements) be entitled to
examine, during normal business hours, the books, records and premises of the Company, personally or by agent or attorney; 

(h) the Trustee may execute any of the trusts or powers hereunder or perform any duties hereunder either directly or by or
through agents or attorneys and the Trustee shall not be responsible for any misconduct or negligence on the part of any agent or attorney appointed with due care by it hereunder; 

(i) the Trustee shall not be charged with knowledge of any Event of Default with respect to the Securities of any series for
which it is acting as Trustee unless either (1) a Responsible Officer of the Trustee shall have actual knowledge of the Event of Default or (2) written notice of such Event of Default shall have been given to the Trustee by the Company,
any other obligor on such Securities or by any Holder of such Securities; 
 (j) the Trustee shall not be liable for any
action taken, suffered, or omitted to be taken by it in good faith and reasonably believed by it to be authorized or within the discretion or rights or powers conferred upon it by this Indenture; 

(k) the rights, privileges, protections, immunities and benefits given to the Trustee, including, without limitation, its right
to be indemnified, are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder; 
 (l) in
no event shall the Trustee be responsible or liable for consequential loss or damage of any kind whatsoever (including, but not limited to, loss of profit) irrespective of whether the Trustee has been advised of the likelihood of such loss or damage
and regardless of the form of proceeding brought against the Trustee; and 
 (m) in no event shall the Trustee be responsible
or liable for any failure or delay in the performance of its obligations hereunder arising out of or caused by, directly or indirectly, forces beyond its control, including, without limitation, strikes, work stoppages, accidents, acts of war or
terrorism, civil or military disturbances, nuclear or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities, communications or computer (software and hardware) services; it being understood that the Trustee shall
use reasonable efforts which are consistent with accepted practices in the banking industry to (i) resume performance as soon as practicable under the circumstances; and (ii) maintain its computer (hardware and software) services in good
working order. 
  

	SECTION 904.	Not Responsible for Recitals or Issuance of Securities. 

 The recitals contained herein
and in the Securities (except the Trustee’s certificates of authentication) shall be taken as the statements of the Company and neither the Trustee nor any Authenticating Agent assumes responsibility for their correctness. The Trustee makes no
representations as to the validity or sufficiency of this Indenture or of the Securities. Neither the Trustee nor any Authenticating Agent shall be accountable for the use or application by the Company of Securities or the proceeds thereof. 

  
 47 

	SECTION 905.	May Hold Securities. 

 Each of the Trustee, any Authenticating Agent, any Paying Agent,
any Security Registrar or any other agent of the Company or the Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and, subject to Sections 908 and 913, may otherwise deal with the Company
with the same rights it would have if it were not the Trustee, Authenticating Agent, Paying Agent, Security Registrar or such other agent. 
  

	SECTION 906.	Money Held in Trust. 

 Money held by the Trustee in trust hereunder need not be
segregated from other funds, except to the extent required by law. The Trustee shall be under no liability for interest on or investment of any money received by it hereunder except as expressly provided herein or otherwise agreed with, and for the
sole benefit of, the Company. 
  

	SECTION 907.	Compensation and Reimbursement. 

 The Company shall: 

(a) pay to the Trustee from time to time such compensation for all services rendered by it hereunder as the Company and the
Trustee shall from time to time agree in writing (which compensation shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust); 

(b) except as otherwise expressly provided herein, reimburse the Trustee upon its request for all reasonable expenses,
disbursements and advances reasonably incurred or made by the Trustee in accordance with any provision of this Indenture (including the reasonable compensation and the expenses and disbursements of its agents and counsel), except to the extent that
any such expense, disbursement or advance may be attributable to the Trustee’s negligence, willful misconduct or bad faith; and 

(c) indemnify the Trustee and hold it harmless from and against, any loss, liability or expense incurred without negligence or
bad faith on its part, arising out of or in connection with the acceptance or administration of the trust or trusts hereunder or the performance of its duties hereunder, including the costs and expenses of defending itself against any claim or
liability in connection with the exercise or performance of any of its powers or duties hereunder, except to the extent any such loss, liability or expense may be attributable to its negligence, willful misconduct or bad faith. 

As security for the performance of the obligations of the Company under this Section, the Trustee shall have a lien prior to the rights of
Holders upon all property and funds held or collected by the Trustee as such other than property and funds held in trust under Section 703 (except as otherwise provided in
Section 703). “Trustee” for purposes of this Section shall include any predecessor Trustee; provided, however, that the negligence, willful misconduct or bad faith
of any Trustee hereunder shall not affect the rights of any other Trustee hereunder. 
 When the Trustee incurs expenses or renders services
in connection with an Event of Default specified in Section 801(d) or Section 801(e), the expenses (including the reasonable charges and expenses of its
counsel) and the compensation for the services are intended to constitute expenses of administration under any applicable Federal or State bankruptcy, insolvency or other similar law. 

  
 48 

 The provisions of this Section 907 shall
survive the termination of this Indenture. 
  

	SECTION 908.	Disqualification; Conflicting Interests. 

 If the Trustee shall have or acquire any
conflicting interest within the meaning of the Trust Indenture Act, it shall either eliminate such conflicting interest or resign to the extent, in the manner and with the effect, and subject to the conditions, provided in the Trust Indenture Act
and this Indenture. For purposes of Section 310(b)(1) of the Trust Indenture Act and to the extent permitted thereby, the Trustee, in its capacity as trustee in respect of the Securities of any series, shall not be deemed to have a conflicting
interest arising from its capacity as trustee in respect of the Securities of any other series. 
  

	SECTION 909.	Corporate Trustee Required; Eligibility. 

 There shall at all times be a Trustee
hereunder which shall be 
 (a) a Corporation organized and doing business under the laws of the United States, any State or
Territory thereof or the District of Columbia, authorized under such laws to exercise corporate trust powers, having a combined capital and surplus of at least $50,000,000 and subject to supervision or examination by Federal or State authority, or

 (b) if and to the extent permitted by the Commission by rule, regulation or order upon application, a Corporation or other
Person organized and doing business under the laws of a foreign government, authorized under such laws to exercise corporate trust powers, having a combined capital and surplus of at least $50,000,000 or the Dollar equivalent of the applicable
foreign currency and subject to supervision or examination by authority of such foreign government or a political subdivision thereof substantially equivalent to supervision or examination applicable to United States institutional trustees, 

and, in either case, qualified and eligible under this ARTICLE and the Trust Indenture Act. If such Corporation publishes reports of condition at least
annually, pursuant to law or to the requirements of such supervising or examining authority, then for the purposes of this Section, the combined capital and surplus of such Corporation shall be deemed to be its combined capital and surplus as set
forth in its most recent report of condition so published. If at any time the Trustee shall cease to be eligible in accordance with the provisions of this Section, it shall resign immediately in the manner and with the effect hereinafter specified
in this ARTICLE. 
  

	SECTION 910.	Resignation and Removal; Appointment of Successor. 

 (a) No resignation
or removal of the Trustee and no appointment of a successor Trustee pursuant to this ARTICLE shall become effective until the acceptance of appointment by the successor Trustee in accordance with the applicable requirements of
Section 911. 
 (b) The Trustee may resign at any time with respect to the
Securities of one or more series by giving thirty (30) days’ written notice thereof to the Company. If the instrument of acceptance by a successor Trustee required by Section 911 shall not
have been delivered to the Trustee within thirty (30) days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trustee with respect to the
Securities of such series. 

  
 49 

 (c) The Trustee may be removed at any time with respect to the Securities of
any series by Act of the Holders of a majority in principal amount of the Outstanding Securities of such series delivered to the Trustee and to the Company. 

(d) If at any time: 

(i) the Trustee shall fail to comply with Section 908 after written request
therefor by the Company or by any Holder who has been a bona fide Holder for at least six months, or 
 (ii) the Trustee
shall cease to be eligible under Section 909 and shall fail to resign after written request therefor by the Company or by any such Holder, or 

(iii) the Trustee shall become incapable of acting or shall be adjudged a bankrupt or insolvent or a receiver of the Trustee or
of its property shall be appointed or any public officer shall take charge or control of the Trustee or of its property or affairs for the purpose of rehabilitation, conservation or liquidation, 

then, in any such case, (x) the Company by a Board Resolution may remove the Trustee with respect to all Securities or (y) subject to
Section 814, any Holder who has been a bona fide Holder for at least six months may, on behalf of himself and all others similarly situated, petition any court of competent jurisdiction for the removal
of the Trustee with respect to all Securities and the appointment of a successor Trustee or Trustees. 
 (e) If the Trustee
shall resign, be removed or become incapable of acting, or if a vacancy shall occur in the office of Trustee for any cause (other than as contemplated in clause (y) in subsection
(d) of this Section), with respect to the Securities of one or more series, the Company, by a Board Resolution, shall promptly appoint a successor Trustee or Trustees with respect to the Securities of that or those series (it being
understood that any such successor Trustee may be appointed with respect to the Securities of one or more or all of such series and that at any time there shall be only one Trustee with respect to the Securities of any particular series) and shall
comply with the applicable requirements of Section 911. If, within one year after such resignation, removal or incapability, or the occurrence of such vacancy, a successor Trustee with respect to the
Securities of any series shall be appointed by Act of the Holders of a majority in principal amount of the Outstanding Securities of such series delivered to the Company and the retiring Trustee, the successor Trustee so appointed shall, forthwith
upon its acceptance of such appointment in accordance with the applicable requirements of Section 911, become the successor Trustee with respect to the Securities of such series and to that extent
supersede the successor Trustee appointed by the Company. If no successor Trustee with respect to the Securities of any series shall have been so appointed by the Company or the Holders and accepted appointment in the manner required by
Section 911, any Holder who has been a bona fide Holder of a Security of such series for at least six months may, on behalf of itself and all others similarly situated, petition any court of competent
jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series. 
 (f) So long as no
event which is, or after notice or lapse of time, or both, would become, an Event of Default shall have occurred and be continuing, and except with respect to a Trustee appointed by Act of the Holders of a majority in principal amount of the
Outstanding Securities pursuant to subsection (e) of this Section, if the Company shall have delivered to the Trustee (i) a Board Resolution appointing a successor Trustee, effective as of a date specified therein, and
(ii) an instrument of acceptance of such appointment, effective as of such date, by 

  
 50 

 
such successor Trustee in accordance with Section 911, the Trustee shall be deemed to have resigned as contemplated in subsection
(b) of this Section, the successor Trustee shall be deemed to have been appointed by the Company pursuant to subsection (e) of this Section and such appointment shall be deemed to have been accepted as contemplated in
Section 911, all as of such date, and all other provisions of this Section and Section 911 shall be applicable to such resignation, appointment and
acceptance except to the extent inconsistent with this subsection (f). 
 (g)
The Company (or, should the Company fail so to act promptly, the successor trustee at the expense of the Company) shall give notice of each resignation and each removal of the Trustee with respect to the Securities of any series and each appointment
of a successor Trustee with respect to the Securities of any series by sending written notice to all Holders of Securities of such series. Each notice shall include the name of the successor Trustee with respect to the Securities of such series and
the address of its corporate trust office. 
  

	SECTION 911.	Acceptance of Appointment by Successor. 

 (a) In case of the appointment
hereunder of a successor Trustee with respect to the Securities of all series, every such successor Trustee so appointed shall execute, acknowledge and deliver to the Company and to the retiring Trustee an instrument accepting such appointment, and
thereupon the resignation or removal of the retiring Trustee shall become effective and such successor Trustee, without any further act, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee; but, on the request
of the Company or the successor Trustee, such retiring Trustee shall, upon payment of all sums owed to it, execute and deliver an instrument transferring to such successor Trustee all the rights, powers and trusts of the retiring Trustee and shall
duly assign, transfer and deliver to such successor Trustee all property and money held by such retiring Trustee hereunder. 

(b) In case of the appointment hereunder of a successor Trustee with respect to the Securities of one or more (but not all)
series, the Company, the retiring Trustee and each successor Trustee with respect to the Securities of such series shall execute and deliver an indenture supplemental hereto wherein each successor Trustee shall accept such appointment and which
(1) shall contain such provisions as shall be necessary or desirable to transfer and confirm to, and to vest in, each successor Trustee all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or
those series to which the appointment of such successor Trustee relates, (2) if the retiring Trustee is not retiring with respect to all Securities, shall contain such provisions as shall be deemed necessary or desirable to confirm that all the
rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series as to which the retiring Trustee is not retiring shall continue to be vested in the retiring Trustee and (3) shall add to or change
any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one Trustee, it being understood that nothing herein or in such supplemental indenture shall
constitute such Trustees co-trustees of the same trust and that each such Trustee shall be trustee of a trust or trusts hereunder separate and apart from any trust or trusts hereunder administered by any other
such Trustee; and upon the execution and delivery of such supplemental indenture the resignation or removal of the retiring Trustee shall become effective to the extent provided therein and each such successor Trustee, without any further act, shall
become vested with all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor Trustee relates; but, on request of the Company or any successor
Trustee, such retiring Trustee, upon payment of all sums owed to it, shall duly assign, transfer and deliver to such successor Trustee all property and money held by such retiring 

  
 51 

 
Trustee hereunder with respect to the Securities of that or those series to which the appointment of such successor Trustee relates. 

(c) Upon request of any such successor Trustee, the Company shall execute any instruments which fully vest in and confirm to
such successor Trustee all such rights, powers and trusts referred to in subsection (a) or (b) of this Section, as the case may be. 

(d) No successor Trustee shall accept its appointment unless at the time of such acceptance such successor Trustee shall be
qualified and eligible under this ARTICLE. 
  

	SECTION 912.	Merger, Conversion, Consolidation or Succession to Business. 

 Any Corporation into which
the Trustee may be merged or converted or with which it may be consolidated, or any Corporation resulting from any merger, conversion or consolidation to which the Trustee shall be a party, or any Corporation succeeding to all or substantially all
the corporate trust business of the Trustee, shall be the successor of the Trustee hereunder, provided such Corporation shall be otherwise qualified and eligible under this ARTICLE, without the execution or filing of any paper or any
further act on the part of any of the parties hereto. In case any Securities shall have been authenticated, but not delivered, by the Trustee then in office, any successor by merger, conversion or consolidation to such authenticating Trustee may
adopt such authentication and deliver the Securities so authenticated with the same effect as if such successor Trustee had itself authenticated such Securities. 
  

	SECTION 913.	Preferential Collection of Claims Against Company. 

 If the Trustee shall be or become a
creditor of the Company or any other obligor upon the Securities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Act), the Trustee shall be subject to any and all applicable provisions of the Trust
Indenture Act regarding the collection of claims against the Company or such other obligor. For purposes of Section 311(b) of the Trust Indenture Act: 

(a) the term “cash transaction” means any transaction in which full payment for goods or securities sold is made
within seven days after delivery of the goods or securities in currency or in checks or other orders drawn upon banks or bankers and payable upon demand; 

(b) the term “self-liquidating paper” means any draft, bill of exchange, acceptance or obligation which is made,
drawn, negotiated or incurred by the Company or such obligor for the purpose of financing the purchase, processing, manufacturing, shipment, storage or sale of goods, wares or merchandise and which is secured by documents evidencing title to,
possession of, or a lien upon, the goods, wares or merchandise or the receivables or proceeds arising from the sale of the goods, wares or merchandise previously constituting the security, provided the security is received by the
Trustee simultaneously with the creation of the creditor relationship with the Company or such obligor arising from the making, drawing, negotiating or incurring of the draft, bill of exchange, acceptance or obligation. 

 

	SECTION 914.	Co-trustees and Separate Trustees. 

 At any time
or times, for the purpose of meeting the legal requirements of any applicable jurisdiction, the Company and the Trustee shall have power to appoint, and, upon the written request of the Trustee or of the Holders of at least 33% in principal amount
of the Securities then Outstanding, the Company shall for such purpose join with the Trustee in the execution and delivery of all instruments and agreements necessary or proper to appoint, one or more Persons approved by the Trustee either to act as

  
 52 

 
co-trustee, jointly with the Trustee, or to act as separate trustee, in either case with such powers as may be provided in the instrument of appointment,
and to vest in such Person or Persons, in the capacity aforesaid, any property, title, right or power deemed necessary or desirable, subject to the other provisions of this Section. If the Company does not join in such appointment within fifteen
(15) days after the receipt by it of a request so to do, or if an Event of Default shall have occurred and be continuing, the Trustee alone shall have power to make such appointment. 

Should any written instrument or instruments from the Company be required by any co-trustee or
separate trustee so appointed to more fully confirm to such co-trustee or separate trustee such property, title, right or power, any and all such instruments shall, on request, be executed, acknowledged and
delivered by the Company. 
 Every co-trustee or separate trustee shall, to the extent permitted by
law, but to such extent only, be appointed subject to the following conditions: 
 (a) the Securities shall be authenticated
and delivered, and all rights, powers, duties and obligations hereunder in respect of the custody of securities, cash and other personal property held by, or required to be deposited or pledged with, the Trustee hereunder, shall be exercised solely,
by the Trustee; 
 (b) the rights, powers, duties and obligations hereby conferred or imposed upon the Trustee in respect of
any property covered by such appointment shall be conferred or imposed upon and exercised or performed either by the Trustee or by the Trustee and such co-trustee or separate trustee jointly, as shall be
provided in the instrument appointing such co-trustee or separate trustee, except to the extent that under any law of any jurisdiction in which any particular act is to be performed, the Trustee shall be
incompetent or unqualified to perform such act, in which event such rights, powers, duties and obligations shall be exercised and performed by such co-trustee or separate trustee; 

(c) the Trustee at any time, by an instrument in writing executed by it, with the concurrence of the Company, may accept the
resignation of or remove any co-trustee or separate trustee appointed under this Section, and, if an Event of Default shall have occurred and be continuing, the Trustee shall have power to accept the
resignation of, or remove, any such co-trustee or separate trustee without the concurrence of the Company. Upon the written request of the Trustee, the Company shall join with the Trustee in the execution and
delivery of all instruments and agreements necessary or proper to effectuate such resignation or removal. A successor to any co-trustee or separate trustee so resigned or removed may be appointed in the manner
provided in this Section; 
 (d) no co-trustee or separate trustee hereunder shall be
personally liable by reason of any act or omission of the Trustee, or any other such trustee hereunder; and 
 (e) any Act of
Holders delivered to the Trustee shall be deemed to have been delivered to each such co-trustee and separate trustee. 
  

	SECTION 915.	Appointment of Authenticating Agent. 

 The Trustee may appoint an Authenticating Agent or
Agents with respect to the Securities of one or more series, or any Tranche thereof, which shall be authorized to act on behalf of the Trustee to authenticate Securities of such series or Tranche issued upon original issuance, exchange, registration
of transfer or partial redemption thereof or pursuant to Section 306, and Securities so 

  
 53 

 
authenticated shall be entitled to the benefits of this Indenture and shall be valid and obligatory for all purposes as if authenticated by the Trustee hereunder. Wherever reference is made in
this Indenture to the authentication and delivery of Securities by the Trustee or the Trustee’s certificate of authentication, such reference shall be deemed to include authentication and delivery on behalf of the Trustee by an Authenticating
Agent and a certificate of authentication executed on behalf of the Trustee by an Authenticating Agent. Each Authenticating Agent shall be acceptable to the Company and shall at all times be a Corporation organized and doing business under the laws
of the United States, any State or Territory thereof or the District of Columbia or the Commonwealth of Puerto Rico, authorized under such laws to act as Authenticating Agent, having a combined capital and surplus of not less than $50,000,000 and
subject to supervision or examination by Federal or State authority. If such Authenticating Agent publishes reports of condition at least annually, pursuant to law or to the requirements of said supervising or examining authority, then for the
purposes of this Section, the combined capital and surplus of such Authenticating Agent shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time an Authenticating Agent
shall cease to be eligible in accordance with the provisions of this Section, such Authenticating Agent shall resign immediately in the manner and with the effect specified in this Section. 

Any Corporation into which an Authenticating Agent may be merged or converted or with which it may be consolidated, or any Corporation
resulting from any merger, conversion or consolidation to which such Authenticating Agent shall be a party, or any Corporation succeeding to the corporate agency or corporate trust business of an Authenticating Agent, shall continue to be an
Authenticating Agent, provided such Corporation shall be otherwise eligible under this Section, without the execution or filing of any paper or any further act on the part of the Trustee or the Authenticating Agent. 

An Authenticating Agent may resign at any time by giving written notice thereof to the Trustee and to the Company. The Trustee may at any time
terminate the agency of an Authenticating Agent by giving written notice thereof to such Authenticating Agent and to the Company. Upon receiving such a notice of resignation or upon such a termination, or in case at any time such Authenticating
Agent shall cease to be eligible in accordance with the provisions of this Section, the Trustee may appoint a successor Authenticating Agent which shall be acceptable to the Company. Any successor Authenticating Agent upon acceptance of its
appointment hereunder shall become vested with all the rights, powers and duties of its predecessor hereunder, with like effect as if originally named as an Authenticating Agent. No successor Authenticating Agent shall be appointed unless eligible
under the provisions of this Section. 
 The Company agrees to pay to each Authenticating Agent from time to time reasonable compensation
for its services under this Section. 
 The provisions of Sections 308, 904 and 905 shall be applicable to each Authenticating
Agent. 
 If an appointment with respect to the Securities of one or more series, or any Tranche thereof, shall be made pursuant to this
Section, the Securities of such series or Tranche may have endorsed thereon, in addition to the Trustee’s certificate of authentication, an alternate certificate of authentication substantially in the following form: 

  
 54 

 This is one of the Securities of the series designated therein referred to in the
within-mentioned Indenture. 
  

			
	             ,

as Trustee

		
	By:	 	      

		 	 As Authenticating Agent

		
	By:	 	      

		 	 Authorized Signatory

 If all of the Securities of a series may not be originally issued at one time, and if the Trustee does
not have an office capable of authenticating Securities upon original issuance located in a Place of Payment where the Company wishes to have Securities of such series authenticated upon original issuance, the Trustee, if so requested by the Company
in writing (which writing need not comply with Section 103 and need not be accompanied by an Opinion of Counsel), shall appoint, in accordance with this Section and in accordance with such procedures as
shall be acceptable to the Trustee, an Authenticating Agent having an office in a Place of Payment designated by the Company with respect to such series of Securities. 

ARTICLE TEN 

Holders’ Lists and Reports by Trustee and Company 
  

	SECTION 1001.	Lists of Holders. 

 Semiannually, not later than June 1 and December 1 in each
year, commencing             , and at such other times as the Trustee may request in writing, the Company shall furnish or cause to be furnished to the Trustee information as to the names
and addresses of the Holders, and the Trustee shall preserve such information and similar information received by it in any other capacity and afford to the Holders access to information so preserved by it, all to such extent, if any, and in such
manner as shall be required by the Trust Indenture Act; provided, however, that no such list need be furnished so long as the Trustee shall be the Security Registrar. The Company, the Trustee, the Security Registrar and
anyone else shall have the protection of Section 312(c) of the Trust Indenture Act. 
  

	SECTION 1002.	Reports by Trustee and Company. 

 Not later than July 15 in each year, commencing
July 15,         , the Trustee shall transmit to the Holders, the Commission and each securities exchange upon which any Securities are listed, a report with respect to any events and other matters
described in Section 313(a) of the Trust Indenture Act, in such manner and to the extent required by the Trust Indenture Act. Any reports required by Section 313(a) of the Trust Indenture Act shall be dated as of April 15 of the year
in which such report is delivered. The Trustee shall transmit to the Holders, the Commission and each securities exchange upon which any Securities are listed, and the Company shall file with the Trustee (within thirty (30) days after filing
with the Commission in the case of reports which pursuant to the Trust Indenture Act must be filed with the Commission and furnished to the Trustee) and transmit to the Holders, such other information,

  
 55 

 
reports and other documents, if any, at such times and in such manner, as shall be required by the Trust Indenture Act. The Company shall notify the Trustee of the listing of any Securities on
any securities exchange or of the delisting thereof. 
 Delivery of any such reports, information and documents to the Trustee is for
informational purposes only and the Trustee’s receipt of such shall not constitute actual or constructive knowledge or notice of any information contained therein or determinable from information contained therein, including the Company’s
compliance with any of its covenants hereunder (as to which the Trustee is entitled to rely exclusively on Officer’s Certificates). 

ARTICLE ELEVEN 

Consolidation, Merger, Conveyance or Other Transfer 
  

	SECTION 1101.	Company May Consolidate, Etc., Only on Certain Terms. 

 The Company shall not consolidate
with or merge with or into any other Person or convey, transfer or lease all or substantially all of the assets of the Company and its consolidated subsidiaries, taken as a whole, to any Person, unless 

(a) either (i) the Company is the surviving Person or (ii) the entity formed by such consolidation (if other than the
Company) or the Person into which the Company is merged (if other than the Company) or the Person that acquires or leases the assets of the Company and its consolidated subsidiaries shall be a Person organized and existing under the laws of the
United States, any State thereof or the District of Columbia, and such Person shall expressly assume the Company’s Obligations under the Securities and under this Indenture pursuant to supplemental indentures or other documents or instruments
reasonably satisfactory to the Trustee; 
 (b) immediately after giving effect to such transaction, no Event of Default and
no event which, after notice or lapse of time or both, would become an Event of Default, shall have occurred and be continuing; and 

(c) the Company shall have delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel, each stating that
such consolidation, merger, conveyance, or other transfer or lease and such supplemental indenture comply with this ARTICLE and that all conditions precedent herein provided for relating to such transactions have been complied with. 

 

	SECTION 1102.	Successor Entity Substituted. 

 Upon any consolidation by the Company with or merger by
the Company into any other Person or any conveyance, or other transfer or lease of the properties and assets of the Company and its consolidated subsidiaries, taken as a whole, in accordance with
Section 1101, the successor Person formed by such consolidation or into which the Company is merged or the Person to which such conveyance, transfer or lease is made shall succeed to, and be substituted
for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein, and thereafter, except in the case of a lease, the predecessor Person shall be
relieved of all obligations and covenants under this Indenture and the Securities Outstanding hereunder. 

  
 56 

 ARTICLE TWELVE 

Supplemental Indentures 
  

	SECTION 1201.	Supplemental Indentures Without Consent of Holders. 

 Without the consent of any Holders,
the Company and the Trustee, at any time and from time to time, may enter into one or more indentures supplemental hereto, in form satisfactory to the Trustee, for any of the following purposes: 

(a) to evidence the succession of another Person to the Company, and the assumption by any such successor of the covenants of
the Company, respectively, herein and in the Securities, all as provided in ARTICLE Eleven; 
 (b) to add one
or more covenants of the Company, or other provisions for the benefit of all Holders or for the benefit of the Holders of, or to remain in effect only so long as there shall be Outstanding, Securities of one or more specified series, or one or more
specified Tranches thereof, or to surrender any right or power conferred upon the Company by this Indenture; 
 (c) to add
any additional Events of Default with respect to all or any series of Securities Outstanding hereunder; 
 (d) to change or
eliminate any provision of this Indenture or to add any new provision to this Indenture; provided, however, that if such change, elimination or addition shall materially adversely affect the interests of the Holders of
Securities of any series or Tranche Outstanding on the date of such indenture supplemental hereto in any material respect, such change, elimination or addition shall become effective (i) with respect to such series or Tranche only pursuant to
the provisions of Section 1202 hereof or (ii) when no Security of such series or Tranche remains Outstanding; 

(e) to provide collateral security for all but not part of the Securities; 

(f) to establish the form or terms of Securities of any series or Tranche as contemplated by Sections 201 and
301; 
 (g) to provide for the authentication and delivery of bearer securities and coupons appertaining thereto
representing interest, if any, thereon and for the procedures for the registration, exchange and replacement thereof and for the giving of notice to, and the solicitation of the vote or consent of, the holders thereof, and for any and all other
matters incidental thereto; 
 (h) to evidence and provide for the acceptance of appointment hereunder by a separate or
successor Trustee with respect to the Securities of one or more series and to add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one
Trustee, pursuant to the requirements of Section 911(b); 
 (i) to provide for
the procedures required to permit the Company to utilize, at its option, a non-certificated system of registration for all, or any series or Tranche of, the Securities; 

  
 57 

 (j) to change any place or places where (i) the principal of and
premium, if any, and interest, if any, on all or any series of Securities, or any Tranche thereof, shall be payable, (ii) all or any series of Securities, or any Tranche thereof, may be surrendered for registration of transfer, (iii) all
or any series of Securities, or any Tranche thereof, may be surrendered for exchange and (iv) notices and demands to or upon the Company in respect of all or any series of Securities, or any Tranche thereof, and this Indenture may be served;

 (k) to cure any ambiguity, to correct or supplement any provision herein which may be defective or inconsistent with any
other provision herein, or to make any other changes to the provisions hereof or to add other provisions with respect to matters or questions arising under this Indenture, provided that such changes or additions shall not materially
adversely affect the interests of the Holders of Securities of any series or Tranche; or 
 (l) to conform the terms of the
Securities of any series or Tranche to any provision of the description of notes or similar disclosure contained in the offering document with respect to such Securities. 

Without limiting the generality of the foregoing, if the Trust Indenture Act as in effect at the date of the execution and delivery of this
Indenture or at any time thereafter shall be amended and 
 (x) if any such amendment shall require one or more changes to
any provisions hereof or the inclusion herein of any additional provisions, or shall by operation of law be deemed to effect such changes or incorporate such provisions by reference or otherwise, this Indenture shall be deemed to have been amended
so as to conform to such amendment to the Trust Indenture Act, and the Company and the Trustee may, without the consent of any Holders, enter into an indenture supplemental hereto to effect or evidence such changes or additional provisions; or 

(y) if any such amendment shall permit one or more changes to, or the elimination of, any provisions hereof which, at the date
of the execution and delivery hereof or at any time thereafter, are required by the Trust Indenture Act to be contained herein, this Indenture shall be deemed to have been amended to effect such changes or elimination, and the Company and the
Trustee may, without the consent of any Holders, enter into an indenture supplemental hereto to evidence such amendment hereof. 
  

	SECTION 1202.	Supplemental Indentures With Consent of Holders. 

 With the consent of the Holders of a
majority in aggregate principal amount of the Securities of all series then Outstanding under this Indenture, considered as one class, by Act of said Holders delivered to the Company and the Trustee, the Company, when authorized by a Board
Resolution, and the Trustee may enter into an indenture or indentures supplemental hereto for the purpose of adding any provisions to, or changing in any manner or eliminating any of the provisions of, this Indenture or modifying in any manner the
rights of the Holders of Securities of such series under this Indenture; provided, however, that if there shall be Securities of more than one series Outstanding hereunder and if a proposed supplemental indenture shall
directly affect the rights of the Holders of Securities of one or more, but less than all, of such series, then the consent only of the Holders of a majority in aggregate principal amount of the Outstanding Securities of all series so directly
affected, considered as one class, shall be required; and provided, further, that if the Securities of any series shall have been issued in more than one Tranche and if the proposed supplemental indenture shall directly

  
 58 

 
affect the rights of the Holders of Securities of one or more, but less than all, of such Tranches, then the consent only of the Holders of a majority in aggregate principal amount of the
Outstanding Securities of all Tranches so directly affected, considered as one class, shall be required; and provided, further, that no such supplemental indenture shall: 

(a) change the Stated Maturity of the principal of, or any installment of principal of or interest on [2(except as provided in Section 312 hereof)], any Security, or reduce the principal amount thereof or the rate of interest thereon (or the amount of any
installment of interest thereon) or change the method of calculating such rate or reduce any premium payable upon the redemption thereof, or reduce the amount of the principal of a Discount Security that would be due and payable upon a declaration
of acceleration of the Maturity thereof pursuant to Section 802, or change the coin or currency (or other property), in which any Security or any premium or the interest thereon is payable, or impair
the right to institute suit for the enforcement of any such payment on or after the Stated Maturity of any Security (or, in the case of redemption, on or after the Redemption Date), without, in any such case, the consent of the Holder of such
Security, or 
 (b) reduce the percentage in principal amount of the Outstanding Securities of any series or any Tranche
thereof, the consent of the Holders of which is required for any such supplemental indenture, or the consent of the Holders of which is required for any waiver of compliance with any provision of this Indenture or of any default hereunder and its
consequences, or reduce the requirements of Section 1304 for quorum or voting, without, in any such case, the consent of the Holders of each Outstanding Security of such series or Tranche, or 

(c) modify any of the provisions of this Section, Section 606 or
Section 813 with respect to the Securities of any series, or any Tranche thereof, or except to increase the percentages in principal amount referred to in this Section or such other Sections or to
provide that other provisions of this Indenture cannot be modified or waived without the consent of the Holder of each Outstanding Security affected thereby; provided, however, that this clause shall not be deemed to
require the consent of any Holder with respect to changes in the references to “the Trustee” and concomitant changes in this Section, or the deletion of this proviso, in accordance with the requirements of Sections 911(b), 914 and
1201(h). 
 A supplemental indenture which changes or eliminates any covenant or other provision of this Indenture which has
expressly been included solely for the benefit of one or more particular series of Securities, or of one or more Tranches thereof, or which modifies the rights of the Holders of Securities of such series or Tranches with respect to such covenant or
other provision, shall be deemed not to affect the rights under this Indenture of the Holders of Securities of any other series or Tranche. 

It shall not be necessary for any Act of Holders under this Section to approve the particular form of any proposed supplemental indenture, but
it shall be sufficient if such Act shall approve the substance thereof. A waiver by a Holder of such Holder’s right to consent under this Section shall be deemed to be a consent of such Holder. 

 

	SECTION 1203.	Execution of Supplemental Indentures. 

 In executing, or accepting the additional trusts
created by, any supplemental indenture permitted by this ARTICLE or the modifications thereby of the trusts created by this Indenture, the Trustee shall be entitled to receive, and (subject to
Section 901) shall be fully protected in relying upon, an Opinion of Counsel stating that the execution of such supplemental indenture is authorized or permitted by this Indenture. The Trustee may, but
shall not be obligated to, enter into any such 

  
 59 

 
supplemental indenture which affects the Trustee’s own rights, duties, immunities or liabilities under this Indenture or otherwise. 

 

	SECTION 1204.	Effect of Supplemental Indentures. 

 Upon the execution of any supplemental indenture
under this ARTICLE this Indenture shall be modified in accordance therewith, and such supplemental indenture shall form a part of this Indenture for all purposes; and every Holder of Securities theretofore or thereafter authenticated and delivered
hereunder shall be bound thereby. Any supplemental indenture permitted by this ARTICLE may restate this Indenture in its entirety, and, upon the execution and delivery thereof, any such restatement shall supersede this Indenture as theretofore in
effect for all purposes. 
  

	SECTION 1205.	Conformity With Trust Indenture Act. 

 Every supplemental indenture executed pursuant to
this ARTICLE shall conform to the requirements of the Trust Indenture Act as then in effect. 
  

	SECTION 1206.	Reference in Securities to Supplemental Indentures. 

 Securities of any series, or any
Tranche thereof, authenticated and delivered after the execution of any supplemental indenture pursuant to this ARTICLE may, and shall if required by the Trustee, bear a notation in form approved by the Trustee as to any matter provided for in such
supplemental indenture. If the Company shall so determine, new Securities of any series, or any Tranche thereof, so modified as to conform, in the opinion of the Trustee and the Company, to any such supplemental indenture may be prepared and
executed by the Company and authenticated and delivered by the Trustee in exchange for Outstanding Securities of such series or Tranche. 
  

	SECTION 1207.	Modification Without Supplemental Indenture. 

 If the terms of any particular series of
Securities shall have been established in a Board Resolution or an Officer’s Certificate pursuant to a Board Resolution as contemplated by Section 301, and not in an indenture supplemental hereto,
additions to, changes in or the elimination of any of such terms may be effected by means of a supplemental Board Resolution or Officer’s Certificate, as the case may be, delivered to, and accepted in writing by, the Trustee;
provided, however, that such supplemental Board Resolution or Officer’s Certificate shall not be accepted by the Trustee or otherwise be effective unless all conditions set forth in this Indenture which would be
required to be satisfied if such additions, changes or elimination were contained in a supplemental indenture shall have been appropriately satisfied. Upon the acceptance thereof by the Trustee, any such supplemental Board Resolution or
Officer’s Certificate shall be deemed to be a “supplemental indenture” for purposes of Section 1204 and 1206. 

ARTICLE THIRTEEN 

Meetings of Holders; Action Without Meeting 
  

	SECTION 1301.	Purposes for Which Meetings May Be Called. 

 A meeting of Holders of Securities of one
or more, or all, series, or any Tranche or Tranches thereof, may be called at any time and from time to time pursuant to this ARTICLE to make, give or take any request, demand, authorization, direction, notice, consent, waiver or other action
provided by this Indenture to be made, given or taken by Holders of Securities of such series or Tranches. 

  
 60 

	SECTION 1302.	Call, Notice and Place of Meetings. 

 (a) The Trustee may at any time
call a meeting of Holders of Securities of one or more, or all, series, or any Tranche or Tranches thereof, for any purpose specified in Section 1301, to be held at such time and at such place in the
Borough of Manhattan, The City of New York, as the Trustee shall determine, or, with the approval of the Company, at any other place. Notice of every such meeting, setting forth the time and the place of such meeting and in general terms the action
proposed to be taken at such meeting, shall be given, in the manner provided in Section 107, not less than twenty-one (21) nor more than one hundred eighty
(180) days prior to the date fixed for the meeting. 
 (b) If the Trustee shall have been requested to call a meeting of
the Holders of Securities of one or more, or all, series, or any Tranche or Tranches thereof, by the Company or by the Holders of 33% in aggregate principal amount of all of such series and Tranches, considered as one class, for any purpose
specified in Section 1301, by written request setting forth in reasonable detail the action proposed to be taken at the meeting, and the Trustee shall not have given the notice of such meeting within twenty-one (21) days after receipt of such request or shall not thereafter proceed to cause the meeting to be held as provided herein, then the Company or the Holders of Securities of such series and Tranches
in the amount above specified, as the case may be, may determine the time and the place in the Borough of Manhattan, The City of New York, or in such other place as shall be determined or approved by the Company, for such meeting and may call such
meeting for such purposes by giving notice thereof as provided in subsection (a) of this Section. 
 (c)
Any meeting of Holders of Securities of one or more, or all, series, or any Tranche or Tranches thereof, shall be valid without notice if the Holders of all Outstanding Securities of such series or Tranches are present in person or by proxy and if
representatives of the Company and the Trustee are present, or if notice is waived in writing before or after the meeting by the Holders of all Outstanding Securities of such series, or any Tranche or Tranches thereof, or by such of them as are not
present at the meeting in person or by proxy, and by the Company and the Trustee. 
  

	SECTION 1303.	Persons Entitled to Vote at Meetings. 

 To be entitled to vote at any meeting of Holders
of Securities of one or more, or all, series, or any Tranche or Tranches thereof, a Person shall be (a) a Holder of one or more Outstanding Securities of such series or Tranches, or (b) a Person appointed by an instrument in writing as
proxy for a Holder or Holders of one or more Outstanding Securities of such series or Tranches by such Holder or Holders. The only Persons who shall be entitled to attend any meeting of Holders of Securities of any series or Tranche shall be the
Persons entitled to vote at such meeting and their counsel, any representatives of the Trustee and its counsel and any representatives of the Company and its counsel. 
  

	SECTION 1304.	Quorum; Action. 

 The Persons entitled to vote a majority in aggregate principal amount
of the Outstanding Securities of the series and Tranches with respect to which a meeting shall have been called as hereinbefore provided, considered as one class, shall constitute a quorum for a meeting of Holders of Securities of such series and
Tranches; provided, however, that if any action is to be taken at such meeting which this Indenture expressly provides may be taken by the Holders of a specified percentage, which is less than a majority, in principal
amount of the Outstanding Securities of such series and Tranches, considered as one class, the Persons entitled to vote such specified percentage in principal amount of the 

  
 61 

 
Outstanding Securities of such series and Tranches, considered as one class, shall constitute a quorum. In the absence of a quorum within one hour of the time appointed for any such meeting, the
meeting shall, if convened at the request of Holders of Securities of such series and Tranches, be dissolved. In any other case the meeting may be adjourned for such period as may be determined by the chairman of the meeting prior to the adjournment
of such meeting. In the absence of a quorum at any such adjourned meeting, such adjourned meeting may be further adjourned for such period as may be determined by the chairman of the meeting prior to the adjournment of such adjourned meeting. Except
as provided by Section 1305(e), notice of the reconvening of any meeting adjourned for more than thirty (30) days shall be given as provided in
Section 1302(a) not less than ten (10) days prior to the date on which the meeting is scheduled to be reconvened. Notice of the reconvening of an adjourned meeting shall state expressly the
percentage, as provided above, of the principal amount of the Outstanding Securities of such series and Tranches which shall constitute a quorum. 

Except as limited by Section 1202, any resolution presented to a meeting or adjourned meeting
duly reconvened at which a quorum is present as aforesaid may be adopted only by the affirmative vote of the Holders of a majority in aggregate principal amount of the Outstanding Securities of the series and Tranches with respect to which such
meeting shall have been called, considered as one class; provided, however, that, except as so limited, any resolution with respect to any action which this Indenture expressly provides may be taken by the Holders of a
specified percentage, which is less than a majority, in principal amount of the Outstanding Securities of such series and Tranches, considered as one class, may be adopted at a meeting or an adjourned meeting duly reconvened and at which a quorum is
present as aforesaid by the affirmative vote of the Holders of such specified percentage in principal amount of the Outstanding Securities of such series and Tranches, considered as one class. 

Any resolution passed or decision taken at any meeting of Holders of Securities duly held in accordance with this Section shall be binding on
all the Holders of Securities of the series and Tranches with respect to which such meeting shall have been held, whether or not present or represented at the meeting. 
  

	SECTION 1305.	Attendance at Meetings; Determination of Voting Rights; Conduct and Adjournment of Meetings. 

(a) Attendance at meetings of Holders of Securities may be in person or by proxy; and, to the extent permitted by law, any such
proxy shall remain in effect and be binding upon any future Holder of the Securities with respect to which it was given unless and until specifically revoked by the Holder or future Holder of such Securities before being voted. 

(b) Notwithstanding any other provisions of this Indenture, the Trustee may make such reasonable regulations as it may deem
advisable for any meeting of Holders of Securities in regard to proof of the holding of such Securities and of the appointment of proxies and in regard to the appointment and duties of inspectors of votes, the submission and examination of proxies,
certificates and other evidence of the right to vote, and such other matters concerning the conduct of the meeting as it shall deem appropriate. Except as otherwise permitted or required by any such regulations, the holding of Securities shall be
proved in the manner specified in Section 105 and the appointment of any proxy shall be proved in the manner specified in Section 105. Such regulations may
provide that written instruments appointing proxies, regular on their face, may be presumed valid and genuine without the proof specified in Section 105 or other proof. 

(c) The Trustee shall, by an instrument in writing, appoint a temporary chairman of the meeting, unless the meeting shall have
been called by the Company or by Holders as provided in Section 1302(b), in which case the Company or the Holders of Securities of the series and 

  
 62 

 
Tranches calling the meeting, as the case may be, shall in like manner appoint a temporary chairman. A permanent chairman and a permanent secretary of the meeting shall be elected by vote of the
Persons entitled to vote a majority in aggregate principal amount of the Outstanding Securities of all series and Tranches represented at the meeting, considered as one class. 

(d) At any meeting each Holder or proxy shall be entitled to one vote for each $1 principal amount of Securities held or
represented by him; provided, however, that no vote shall be cast or counted at any meeting in respect of any Security challenged as not Outstanding and ruled by the chairman of the meeting to be not Outstanding. The
chairman of the meeting shall have no right to vote, except as a Holder of a Security or proxy. 
 (e) Any meeting duly
called pursuant to Section 1302 at which a quorum is present may be adjourned from time to time by Persons entitled to vote a majority in aggregate principal amount of the Outstanding Securities of all
series and Tranches represented at the meeting, considered as one class; and the meeting may be held as so adjourned without further notice. 
  

	SECTION 1306.	Counting Votes and Recording Action of Meetings. 

 The vote upon any resolution submitted
to any meeting of Holders shall be by written ballots on which shall be subscribed the signatures of the Holders or of their representatives by proxy and the principal amounts and serial numbers of the Outstanding Securities, of the series and
Tranches with respect to which the meeting shall have been called, held or represented by them. The permanent chairman of the meeting shall appoint two inspectors of votes who shall count all votes cast at the meeting for or against any resolution
and who shall make and file with the secretary of the meeting their verified written reports of all votes cast at the meeting. A record of the proceedings of each meeting of Holders shall be prepared by the secretary of the meeting and there shall
be attached to said record the original reports of the inspectors of votes on any vote by ballot taken thereat and affidavits by one or more persons having knowledge of the facts setting forth a copy of the notice of the meeting and showing that
said notice was given as provided in Section 1302 and, if applicable, Section 1304. Each copy shall be signed and verified by the affidavits of the
permanent chairman and secretary of the meeting and one such copy shall be delivered to the Company, and another to the Trustee to be preserved by the Trustee, the latter to have attached thereto the ballots voted at the meeting. Any record so
signed and verified shall be conclusive evidence of the matters therein stated. 
  

	SECTION 1307.	Action Without Meeting. 

 In lieu of a vote of Holders at a meeting as hereinbefore
contemplated in this ARTICLE, any request, demand, authorization, direction, notice, consent, waiver or other action may be made, given or taken by Holders by written instruments as provided in
Section 105. 
 ARTICLE FOURTEEN 

[2 SUBORDINATION OF SECURITIES 

 

	SECTION 1401.	Securities Subordinate to Senior Indebtedness of the Company. 

 The Company, for itself,
its successors and assigns, covenants and agrees, and each Holder of the Securities of each series, by its acceptance thereof, likewise covenants and agrees, that the payment of the principal of and premium, if any, and interest, if any, on each and
all of the Securities is hereby expressly subordinated and junior in right of payment, and subject, to the extent and in the manner 

  
 63 

 
set forth in this ARTICLE, in right of payment to the prior payment in full of all Senior Indebtedness of the Company. 

Each Holder of the Securities of each series, by its acceptance thereof, authorizes and directs the Trustee on its behalf to take such action
as may be necessary or appropriate to effectuate the subordination as provided in this ARTICLE, and appoints the Trustee its attorney-in-fact for any and all such
purposes. 
  

	SECTION 1402.	Payment Over of Proceeds of Securities. 

 In the event (a) of any insolvency or
bankruptcy proceedings or any receivership, liquidation, reorganization or other similar proceedings in respect of the Company or a substantial part of its property and assets, or of any proceedings for liquidation, dissolution or other winding up
of the Company, whether or not involving insolvency or bankruptcy, or (b) subject to the provisions of Section 1403, that (i) a default shall have occurred with respect to the payment of
principal of or interest on or other monetary amounts due and payable on any Senior Indebtedness, or (ii) there shall have occurred a default (other than a default in the payment of principal or interest or other monetary amounts due and
payable) in respect of any Senior Indebtedness, as defined therein or in the instrument under which the same is outstanding, permitting the holder or holders thereof, or any other Person on its or their behalf to accelerate the maturity thereof
(with notice or lapse of time, or both), and such default shall have continued beyond the period of grace, if any, in respect thereof, and, in the cases of subclauses (i) and (ii) of this clause
(b), such default shall not have been cured or waived or shall not have ceased to exist, or (c) that the principal of and/or premium, if any, and/or accrued interest, if any, on the Securities of any series shall have been declared due
and payable pursuant to Section 801 and such declaration shall not have been rescinded and annulled as provided in Section 802, then: 

 

	 	1)	the holders of all Senior Indebtedness shall first be entitled to receive payment of the full amount due thereon, or provision shall be made for such payment in money or money’s worth, before the Holders of any of
the Securities are entitled to receive a payment on account of the principal of, premium if any, or interest on the indebtedness evidenced by the Securities, including, without limitation, any payments made pursuant to ARTICLE Four and
ARTICLE Five; 

  

	 	2)	any payment by, or distribution of property or assets of, the Company of any kind or character, whether in cash, property or securities, to which any Holder or the Trustee would be entitled except for the provisions of
this ARTICLE, shall be paid or delivered by the Person making such payment or distribution, whether a trustee in bankruptcy, a receiver or liquidating trustee or otherwise, directly to the holders of such Senior Indebtedness or their representative
or representatives or to the trustee or trustees under any indenture under which any instruments evidencing any of such Senior Indebtedness may have been issued, ratably according to the aggregate amounts remaining unpaid on account of such Senior
Indebtedness held or represented by each, to the extent necessary to make payment in full of all Senior Indebtedness remaining unpaid after giving effect to any concurrent payment or distribution (or provision therefor) to the holders of such Senior
Indebtedness, before any payment or distribution is made to the Holders of the indebtedness evidenced by the Securities or to the Trustee under this Indenture; and 

 

	 	3)	 in the event that, notwithstanding the foregoing, any payment by, or distribution of property or assets of, the
Company of any kind or character, whether in cash, property or securities, in respect of principal of, or premium, if any, or interest on the Securities or in connection with any repurchase by the Company of the Securities, shall be received by

  
 64 

	 	
the Trustee or any Holder before all Senior Indebtedness is paid in full, or provision is made for such payment in money or money’s worth, such payment or distribution in respect of
principal of, or premium, if any, or interest on the Securities or in connection with any repurchase by the Company of the Securities shall be paid over to the holders of such Senior Indebtedness or their representative or representatives or to the
trustee or trustees under any indenture under which any instruments evidencing any such Senior Indebtedness may have been issued, ratably as aforesaid, for application to the payment of all Senior Indebtedness remaining unpaid until all such Senior
Indebtedness shall have been paid in full, after giving effect to any concurrent payment or distribution (or provision therefor) to the holders of such Senior Indebtedness. 

Notwithstanding the foregoing, at any time after the 123rd day following the date of deposit of cash or Eligible Obligations pursuant to
Section 701 or Section 702 (provided all conditions set out in such Section shall have been satisfied), the funds so deposited and any interest thereon
will not be subject to any rights of holders of Senior Indebtedness including, without limitation, those arising under this ARTICLE Fourteen; provided that no event described in clauses
(d) and (e) of Section 801 with respect to the Company has occurred during such 123-day period. 

For purposes of this ARTICLE only, the words “cash, property or securities” shall not be deemed to include shares of stock of
the Company as reorganized or readjusted, or securities of the Company or any other Person provided for by a plan of reorganization or readjustment which are subordinate in right of payment to all Senior Indebtedness which may at the time be
outstanding to the same extent as, or to a greater extent than, the Securities are so subordinated as provided in this ARTICLE. The consolidation of the Company with, or the merger of the Company into, another Person or the liquidation or
dissolution of the Company following the conveyance or transfer of its property and assets as an entirety, or substantially as an entirety, to another Person upon the terms and conditions provided for in ARTICLE Eleven hereof shall not
be deemed a dissolution, winding-up, liquidation or reorganization for the purposes of this Section 1402 if such other Person shall, as a part of such
consolidation, merger, conveyance or transfer, comply with the conditions stated in ARTICLE Eleven hereof. Nothing in Section 1401 or in this
Section 1402 shall apply to claims of, or payments to, the Trustee under or pursuant to Section 907. 

 

	SECTION 1403.	Disputes with Holders of Certain Senior Indebtedness. 

 Any failure by the Company to
make any payment on or perform any other obligation in respect of Senior Indebtedness, other than any indebtedness incurred by the Company or assumed or guaranteed, directly or indirectly, by the Company for money borrowed (or any deferral, renewal,
extension or refunding thereof) or any other obligation as to which the provisions of this Section shall have been waived by the Company in the instrument or instruments by which the Company incurred, assumed, guaranteed or otherwise created such
indebtedness or obligation, shall not be deemed a default under clause (b) of Section 1402 if (i) the Company shall be disputing its obligation to make such payment or perform
such obligation and (ii) either (A) no final judgment relating to such dispute shall have been issued against the Company which is in full force and effect and is not subject to further review, including a judgment that has become final by
reason of the expiration of the time within which a party may seek further appeal or review, or (B) in the event that a judgment that is subject to further review or appeal has been issued, the Company shall in good faith be prosecuting an
appeal or other proceeding for review and a stay of execution shall have been obtained pending such appeal or review. 

  
 65 

	SECTION 1404.	Subrogation. 

 Senior Indebtedness shall not be deemed to have been paid in full unless
the holders thereof shall have received cash (or securities or other property satisfactory to such holders) in full payment of such Senior Indebtedness then outstanding. Upon the payment in full of all Senior Indebtedness, the rights of the Holders
of the Securities shall be subrogated to the rights of the holders of Senior Indebtedness to receive any further payments or distributions of cash, property or securities of the Company applicable to the holders of the Senior Indebtedness until all
amounts owing on the Securities shall be paid in full; and such payments or distributions of cash, property or securities received by the Holders of the Securities, by reason of such subrogation, which otherwise would be paid or distributed to the
holders of such Senior Indebtedness shall, as between the Company, its creditors other than the holders of Senior Indebtedness, and the Holders, be deemed to be a payment by the Company to or on account of Senior Indebtedness, it being understood
that the provisions of this ARTICLE are and are intended solely for the purpose of defining the relative rights of the Holders, on the one hand, and the holders of the Senior Indebtedness, on the other hand. 

 

	SECTION 1405.	Obligation of the Company Unconditional. 

 Nothing contained in this ARTICLE or elsewhere
in this Indenture or in the Securities is intended to or shall impair, as among the Company, its creditors other than the holders of Senior Indebtedness and the Holders, the obligation of the Company, which is absolute and unconditional, to pay to
the Holders the principal of, premium, if any, and interest, if any on the Securities as and when the same shall become due and payable in accordance with their terms, or is intended to or shall affect the relative rights of the Holders and
creditors of the Company other than the holders of Senior Indebtedness, nor shall anything herein or therein prevent the Trustee or any Holder from exercising all remedies otherwise permitted by applicable law upon default under this Indenture,
subject to the rights, if any, under this ARTICLE of the holders of Senior Indebtedness in respect of cash, property or securities of the Company received upon the exercise of any such remedy. 

Upon any payment or distribution of assets, cash or property or securities of the Company referred to in this ARTICLE, the Trustee and the
Holders shall be entitled to rely upon any order or decree of a court of competent jurisdiction in which such dissolution, winding up, liquidation or reorganization proceedings are pending for the purpose of ascertaining the Persons entitled to
participate in such distribution, the holders of the Senior Indebtedness and other indebtedness of the Company, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon, and all other facts pertinent thereto or to
this ARTICLE. 
 The Trustee shall be entitled to rely on the delivery to it of a written notice by a Person representing himself to be a
holder of Senior Indebtedness (or a representative of such holder or a trustee under any indenture under which any instruments evidencing any such Senior Indebtedness may have been issued) to establish that such notice has been given by a holder of
such Senior Indebtedness or such representative or trustee on behalf of such holder. In the event that the Trustee determines in good faith that further evidence is required with respect to the right of any Person as a holder of Senior Indebtedness,
or its representative or representatives or trustee or trustees under any indenture under which any instruments evidencing any such Senior Indebtedness may have been issued, to participate in any payment or distribution pursuant to this ARTICLE, the
Trustee may request such Person to furnish evidence to the reasonable satisfaction of the Trustee as to the amount of Senior Indebtedness held by such Person, the extent to which such Person is entitled to participate in such payment or distribution
and any other facts pertinent to the right of such Person under this ARTICLE, and, if such evidence is not furnished, the Trustee may defer any payment to such Person pending judicial determination as to the right of such Person to receive such
payment or distribution. 

  
 66 

	SECTION 1406.	Priority of Senior Indebtedness Upon Maturity. 

 Upon the maturity of the principal of
any Senior Indebtedness by lapse of time, acceleration or otherwise, all matured principal of Senior Indebtedness and interest, premium and other payment obligation, if any, thereon shall first be paid in full before any payment of principal or
premium, if any, or interest, if any, is made upon the Securities or before any Securities can be acquired by the Company or any sinking fund payment is made with respect to the Securities (except that required sinking fund payments may be reduced
by Securities acquired before such maturity of such Senior Indebtedness). 
  

	SECTION 1407.	Trustee as Holder of Senior Indebtedness. 

 The Trustee shall be entitled to all rights
set forth in this ARTICLE with respect to any Senior Indebtedness at any time held by it, to the same extent as any other holder of Senior Indebtedness. Nothing in this ARTICLE shall deprive the Trustee of any of its rights as such holder. 

 

	SECTION 1408.	Notice to Trustee to Effectuate Subordination. 

 Notwithstanding the provisions of this
ARTICLE or any other provision of this Indenture, the Trustee shall not be charged with knowledge of the existence of any facts which would prohibit the making of any payment of moneys to or by the Trustee unless and until the Trustee shall have
received written notice thereof from the Company, from a Holder or from a holder of any Senior Indebtedness or from any representative or representatives of such holder or any trustee or trustees under any indenture under which any instruments
evidencing any such Senior Indebtedness may have been issued and, prior to the receipt of any such written notice, the Trustee shall be entitled, subject to Section 901, in all respects to assume that
no such facts exist; provided, however, that, if prior to the fifth Business Day preceding the date upon which by the terms of this Indenture any such moneys may become payable for any purpose, or in the event of the
execution of an instrument pursuant to Section 701 or Section 702 acknowledging that Securities or portions thereof are deemed to have been paid for all
purposes of this Indenture, acknowledging that the entire indebtedness of the Company in respect thereof has been satisfied and discharged or acknowledging satisfaction and discharge of this Indenture, then if prior to the second Business Day
preceding the date of such execution, the Trustee shall not have received with respect to such moneys the notice provided for in this Section, then, anything herein contained to the contrary notwithstanding, the Trustee may, in its discretion,
receive such moneys and/or apply the same to the purpose for which they were received, and shall not be affected by any notice to the contrary, which may be received by it on or after such date; provided, however, that no
such application shall affect the obligations under this ARTICLE of the persons receiving such moneys from the Trustee. 
  

	SECTION 1409.	Modification, Extension, etc. of Senior Indebtedness. 

 The holders of Senior
Indebtedness or their representative or representatives or the trustee or trustees under any indenture under which any instruments evidencing any such Senior Indebtedness may have been issued may, without affecting in any manner the subordination of
the payment of the principal of and premium, if any, and interest, if any, on the Securities, at any time or from time to time and in their absolute discretion, agree with the Company to change the manner, place or terms of payment, change or extend
the time of payment of, or renew or alter, any Senior Indebtedness, or amend or supplement any instrument pursuant to which any Senior Indebtedness is issued, or exercise or refrain from exercising any other of their rights under the Senior
Indebtedness including, without limitation, the waiver of default thereunder, all without notice to or assent from the Holders or the Trustee. 

  
 67 

	SECTION 1410.	Trustee Has No Fiduciary Duty to Holders of Senior Indebtedness. 

 With respect to the
holders of Senior Indebtedness, the Trustee undertakes to perform or to observe only such of its covenants and objectives as are specifically set forth in this Indenture, and no implied covenants or obligations with respect to the holders of Senior
Indebtedness shall be read into this Indenture against the Trustee. The Trustee shall not be deemed to owe any fiduciary duty to the holders of Senior Indebtedness, and shall not be liable to any such holders if it shall mistakenly pay over or
deliver to the Holders or the Company or any other Person, money or assets to which any holders of Senior Indebtedness shall be entitled by virtue of this ARTICLE or otherwise. 

 

	SECTION 1411.	Paying Agents Other Than the Trustee. 

 In case at any time any Paying Agent other than
the Trustee shall have been appointed by the Company and be then acting hereunder, the term “Trustee” as used in this ARTICLE shall in such case (unless the context shall otherwise require) be construed as extending to and including such
Paying Agent within its meaning as fully for all intents and purposes as if such Paying Agent were named in this ARTICLE in addition to or in place of the Trustee; provided, however, that Sections 1407, 1408 and
1410 shall not apply to the Company if it acts as Paying Agent. 
  

	SECTION 1412.	Rights of Holders of Senior Indebtedness Not Impaired. 

 No right of any present or
future holder of Senior Indebtedness to enforce the subordination herein shall at any time or in any way be prejudiced or impaired by any act or failure to act on the part of the Company or by any noncompliance by the Company with the terms,
provisions and covenants of this Indenture, regardless of any knowledge thereof any such holder may have or be otherwise charged with. 
  

	SECTION 1413.	Effect of Subordination Provisions; Termination. 

 Notwithstanding anything contained
herein to the contrary, other than as provided in the immediately succeeding sentence, all the provisions of this Indenture shall be subject to the provisions of this ARTICLE, so far as the same may be applicable thereto. 

Notwithstanding anything contained herein to the contrary, the provisions of this ARTICLE Fourteen shall be of no further
effect, and the Securities shall no longer be subordinated in right of payment to the prior payment of Senior Indebtedness, if, and to the extent, the Company shall have delivered to the Trustee a notice to such effect. Any such notice delivered by
the Company shall not be deemed to be a supplemental indenture for purposes of ARTICLE Twelve.] 
 ARTICLE FIFTEEN 

Immunity of Incorporators, Unitholders, Stockholders, Members, Partners, Officers, Managers, Employees and Directors 

 

	SECTION 1501.	No Individual Liability. 

 Unless otherwise provided as contemplated by
Section 301, no recourse shall be had for the payment of the principal of or premium, if any, or interest, if any, on any Securities, or any part thereof, or for any claim based thereon or otherwise in
respect thereof, or of the indebtedness represented thereby, or upon any obligation, covenant or agreement under this Indenture, against any incorporator, unitholder, stockholder, member, partner, officer, manager, employee or director, as such,
past, present or 

  
 68 

 
future of the Company or of any predecessor or successor company (either directly or through the Company or a predecessor or successor company), whether by virtue of any constitutional provision,
statute or rule of law, or by the enforcement of any assessment or penalty or otherwise; it being expressly agreed and understood that this Indenture and all the Securities are solely corporate, partnership or limited liability company obligations,
and that, except as otherwise provided as contemplated by Section 301, no personal liability whatsoever shall attach to, or be incurred by, any incorporator, unitholder, stockholder, member, partner,
officer, manager, employee or director, past, present or future, of the Company or of any predecessor or successor company, either directly or indirectly through the Company or any predecessor or successor company, because of the indebtedness
authorized by or under or by reason of any of the obligations, covenants or agreements contained in this Indenture or in any of the Securities or to be implied herefrom or therefrom, and that any such personal liability is hereby expressly waived
and released as a condition of, and as part of the consideration for, the execution of this Indenture and the issuance of the Securities. 

This instrument may be executed in any number of counterparts (which may be delivered by any standard form of telecommunication), each of
which shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument. 

  
 69 

 IN WITNESS WHEREOF, the parties hereto have caused this Indenture to be duly executed, in
New York, New York, as of the day and year first above written. 
  

			
	NEXTERA ENERGY PARTNERS, LP
		
	By:	 	  

		 	Name:
		 	Title:
	
	                     ,

as Trustee

		
	By:	 	  

		 	Name:
		 	Title:

  
 70EX-4.7

 Exhibit 4.7 

NEXTERA ENERGY PARTNERS, LP 

OFFICER’S CERTIFICATE 

Creating the 

    %
[1Senior][2Subordinated] Notes due          

                , the
                 of NextEra Energy Partners, LP (the “Company”), pursuant to the authority granted in the accompanying Board Resolutions (all
capitalized terms used herein which are not defined herein or in Exhibit A, but which are defined in the Indenture referred to below, shall have the meanings specified in the Indenture), and pursuant to Sections 201 and 301 of the
Indenture, does hereby certify to                  (the “Trustee”), as Trustee under the Indenture dated as of
                 between the Company and the Trustee, as amended (the “Indenture”), that: 

1.    The securities to be issued under the Indenture in accordance with this certificate shall be designated
“    % [1Senior][2Subordinated] Notes due         ” (the
“Notes”). The Notes shall be issued in substantially the form thereof set forth in Exhibit A hereto. 

2.    With respect to the Notes, each of the following shall be additional definitions under the Indenture: 

[Additional definitions to be inserted, if applicable.] 

3.    The Notes shall be issued by the Company in the initial aggregate principal amount of
$            . Additional Notes, without limitation as to amount, having the same terms as the then-Outstanding Notes (except for the issue date of such additional Notes and, if applicable,
the initial interest payment date of such additional Notes) may also be issued by the Company pursuant to the Indenture without the consent of the Holders of the then-Outstanding Notes. Any additional Notes as may be issued pursuant to the Indenture
from time to time shall be part of the same series as the then-Outstanding Notes. 
 4.    The Notes shall mature and
the principal shall be due and payable, together with all accrued and unpaid interest thereon, on the Stated Maturity Date. The “Stated Maturity Date” for the Notes means
                . 
 5.    Notes shall
bear interest as provided in the form thereof set forth as Exhibit A hereto. 
 6.    Each installment of
interest on a Note shall be payable as provided in the form thereof set forth as Exhibit A hereto. 

7.    The principal of and premium, if any, and interest on the Notes, and all transactions with respect to the Notes,
including registrations, transfers and exchanges of the Notes, may be effected at the office or agency of the Company in New York City, New York. Notices and demands to or upon the Company in respect of the Notes may be served at the office or
agency of the Company in New York City, New York. The Corporate Trust Office of the Trustee will initially be the agency of the Company for such payment, registration, transfer and exchange and service of notices and demands, and the Company hereby
appoints the Trustee as its agent for all such purposes; provided, however, that the Company reserves the right to change, by one or more Officer’s Certificates, any such office or agency and such agent. The Trustee
will initially be the Security Registrar and the Paying Agent for the Notes. 
  

	1	For use in connection with senior debt securities. 

	2	For use in connection with subordinated debt securities. 

 8.    The Notes will be redeemable at the option of the Company prior to the
Stated Maturity Date as provided in the form thereof set forth as Exhibit A hereto. 

9.    So long as all of the Notes are held by a securities depository in book-entry-only form, the Regular Record Date for
the interest payable on any given Interest Payment Date with respect to the Notes shall be the close of business on the Business Day immediately preceding such Interest Payment Date; provided, however, that if any of the
Notes are not held by a securities depository in book-entry-only form, the Regular Record Date will be the close of business on the fifteenth (15th) calendar day immediately preceding such Interest Payment Date. 

10.    [2Provisions for deferral of the interest payments, if any,
will be inserted here.] 
 11.    With respect to the Notes, each of the following shall be additional Events of
Default: 
 [Insert additional Events of Default, if applicable.] 

12.    The Notes will be initially issued in global form registered in the name of Cede & Co. (as nominee for The
Depository Trust Company). The Notes in global form shall bear the depository legend in substantially the form thereof set forth as Exhibit A hereto. The Notes in global form will contain restrictions
on transfer, substantially as described in the form thereof set forth as Exhibit A hereto. 
 13.    No
service charge shall be made for the registration of transfer or exchange of the Notes; provided, however, that the Company may require payment of a sum sufficient to cover any tax or other governmental charge that may be
imposed in connection with such exchange or transfer. 

14.    [2The Company agrees, and by acceptance of the Notes, each
Holder will be deemed to have agreed, to treat the Notes as indebtedness for United States federal, state and local tax purposes.] 

15.    The Notes shall have such other terms and provisions as are provided in the form thereof set forth in Exhibit
A hereto. 
 16.    The undersigned has read all of the covenants and conditions contained in the Indenture
relating to the issuance of the Notes and the definitions in the Indenture relating thereto and in respect of which this certificate is made. 

17.    The statements contained in this certificate are based upon the familiarity of the undersigned with the Indenture,
the documents accompanying this certificate, and upon discussions by the undersigned with officers and employees of the Company familiar with the matters set forth herein. 

18.    In the opinion of the undersigned, he or she has made such examination or investigation as is necessary to enable
him or her to express an informed opinion as to whether or not such covenants and conditions have been complied with. 

  
 -2- 

 19.    In the opinion of the undersigned, such conditions and covenants and
conditions precedent, if any (including any covenants compliance with which constitutes a condition precedent), to the authentication and delivery of the Notes requested in the accompanying Company Order No.
             have been complied with. 

  
 -3- 

 IN WITNESS WHEREOF, the Company has caused this Instrument to be duly executed in New York, New
York. 
  

			
	NEXTERA ENERGY PARTNERS, LP

 
			
		
	By:	 	  

	Name:	 	
	Title:	 	

  
 -4- 

 Exhibit A 

FORM OF NOTES 
 UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO NEXTERA ENERGY PARTNERS, LP OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY
CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 

[FORM OF FACE OF NOTE] 

NEXTERA ENERGY PARTNERS, LP 

[    ]%
[1SENIOR][2SUBORDINATED] NOTES DUE          

 

			
	No.                     	  	CUSIP No.:            
	[Initially $[            ]]	  	ISIN No.:            

 NEXTERA ENERGY PARTNERS, LP, a limited partnership duly organized and existing under the laws of the State of
Delaware (herein referred to as the “Company”, which term includes any successor Person under the Indenture (as defined below)), for value received, hereby promises to pay to [CEDE & Co.]
[                ], or registered assigns, the principal sum [of                 
Dollars][as set forth in the “Schedule of Exchanges of Notes” (attached hereto as Schedule A)] on                      (the
“Stated Maturity Date”), and interest thereon as set forth below. 
 The Company further promises to pay interest on the
principal sum of this     % Senior Note due          (this “Note”) to the registered Holder hereof at the rate of     % per annum, in like coin or
currency, semi-annually in arrears on                  and                  of each year
(each an “Interest Payment Date”) until the principal hereof is paid or duly provided for or until earlier redemption or repurchase, such interest payments to commence on
                . Each interest payment shall include interest accrued from the most-recently preceding Interest Payment Date to which interest has either been
paid or duly provided for (except that (i) the interest payment which is due on                  shall include interest that has accrued from
                , and (ii) if this Note is authenticated during the period that (A) follows any particular Regular Record Date (as defined below)
but (B) precedes the next occurring Interest Payment Date, then the registered Holder hereof shall not be entitled to receive any interest payment with respect to this Note on such next occurring Interest Payment Date). No interest will accrue
on the Note with respect to the day on which the Note matures. In the event that any Interest Payment Date is not a Business Day, then payment of interest, principal or premium payable on such date will be made on the next succeeding day which is a
Business Day (and without any interest or other payment in respect of such delay) with the same force and effect as if made on the Interest Payment Date. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date
will, as provided in the Indenture referred to on the reverse of this Note (the “Indenture”), be payable to the Person in whose name this Note (or one or more Predecessor Note) is registered at the close of business on the
“Regular Record Date” for such interest installment which shall be the close of business on the 

  
 A - 1 

 
Business Day immediately preceding such Interest Payment Date so long as all of the Notes are held by a securities depository in book-entry-only form; provided that if any of the
Notes are not held by a securities depository in book-entry-only form, the Regular Record Date will be the close of business on the fifteenth (15th) calendar day immediately preceding such Interest Payment Date; and provided
further that interest payable on the Stated Maturity Date or any Redemption Date will be paid to the same Person to whom the associated principal is to be paid. Any such interest not punctually paid or duly provided for will forthwith
cease to be payable to the Person who is the Holder of this Note on such Regular Record Date and may be paid to the Person in whose name this Note (or one or more Predecessor Note) is registered at the close of business on a Special Record Date to
be fixed by the Trustee for the payment of such Defaulted Interest, notice of which shall be given to Holders not less than ten (10) days prior to such Special Record Date, or may be paid at any time in any other lawful manner not inconsistent
with the requirements of any securities exchange on which the Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture. 

Payment of the principal of (and premium, if any) and interest on the Notes will be made, in such coin or currency of the United States of
America as at the time of payment is legal tender for payment of public and private debts, at the office or agency of the Company designated by the Company for that purpose. Initially, the main Corporate Trust Office of
                , as Paying Agent, in New York City, the State of New York will serve as such office. However, at the option of the Company, interest on this Note may be
paid by check mailed to the address of the Person entitled thereto, as such address shall appear on the Register or by a wire transfer to an account designated by the Person entitled thereto. 

The Company shall pay, or cause the Paying Agent to pay, the principal of and interest on this Note, so long as such Note is a Global Note, in
immediately available funds to the Depositary or its nominee, as the case may be, in its capacity as the registered Holder of such Note. 

The amount of interest payable on this Note will be computed on the basis of a 360 day year consisting of twelve 30 day months (and for any
period shorter than a full semi-annual period, on the basis of the actual number of days elapsed during such period using 30-day calendar months). 

Reference is hereby made to the further provisions of this Note set forth on the reverse of this Note, which further provisions shall for all
purposes have the same effect as if set forth at this place. (All capitalized terms used in this Note which are not defined herein, including the reverse of this Note, but which are defined in the Indenture or in the Officer’s Certificate shall
have the meanings specified in the Indenture or in the Officer’s Certificate.) 
 This Note shall be governed by and construed in
accordance with the laws of the State of New York. 
 Unless the certificate of authentication hereon has been executed by the Trustee
referred to on the reverse of this Note by manual signature, this Note shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

[Signature Page Follows] 

  
 A - 2 

 IN WITNESS WHEREOF, the Company has caused this Note to be duly executed. 

 

			
	NEXTERA ENERGY PARTNERS, LP

 
			
		
	By:	 	  

 

							
	Dated:	 		 		 	

  

			
	TRUSTEE’S CERTIFICATE OF AUTHENTICATION	  	
		
	                 ,

as Trustee, certifies that this is one of the Notes
 described in
the within-named Indenture.
	  	

  

			
	By:	 	  

		 	Authorized Signatory

			
		
	Dated:	 	

  
 A - 3 

 [FORM OF REVERSE OF NOTE] 

This Note is one of a duly authorized issue of Notes of the Company, designated as its
             [1Senior][2Subordinated] Notes due
             (the “Notes”), issued pursuant to an Indenture, dated as of                 
(herein, together with any amendments thereto, called the “Indenture”, which term shall have the meaning assigned to it in such instrument), between the Company and
                , as Trustee (herein called the “Trustee”, which term includes any successor trustee under the Indenture), and reference is hereby made
to the Indenture, including the Board Resolutions and Officer’s Certificate filed with the Trustee on                  creating the Notes (herein called the
“Officer’s Certificate”), for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders and of the terms upon which the Notes are, and are to be,
authenticated and delivered. This Note is one of the series designated on the face hereof. 
 If an Event of Default with respect to the
Notes shall occur and be continuing, the principal of and interest on the Notes may be declared due and payable in the manner and with the effect provided in the Indenture. 

The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations
of the Company, the rights and obligations of the Guarantors and the rights of the Holders at any time by the Company, the Guarantors and the Trustee with the consent of the Holders of a majority in principal amount of the Notes at the time
Outstanding. The Indenture also contains provisions permitting the Holders of specified percentages in principal amount of the Notes at the time Outstanding, on behalf of the Holders of all Notes, to waive compliance by the Company with certain
provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by Holders of the specified percentages in principal amount of the Notes shall be bind all current and future Holders of
this Note and of any Note issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Note. 

As provided in and subject to the provisions of the Indenture, the Holder of this Note shall not have the right to institute any proceeding
with respect to the Indenture or for the appointment of a receiver or trustee or for any other remedy thereunder, unless such Holder shall have previously given the Trustee written notice of a continuing Event of Default with respect to the Notes,
the Holders of a majority in aggregate principal amount of the Notes at the time Outstanding shall have made written request to the Trustee to institute proceedings in respect of such Event of Default as Trustee and offered the Trustee reasonable
indemnity, and the Trustee shall not have received from the Holders of a majority in aggregate principal amount of Notes at the time Outstanding a direction inconsistent with such request, and shall have failed to institute any such proceeding, for
sixty (60) days after receipt of such notice, request and offer of indemnity. The foregoing shall not apply to any suit instituted by the Holder of this Note for the enforcement of any payment of principal hereof or any premium or interest
hereon on or after the respective due dates expressed herein. 
 No reference herein to the Indenture and no provision of this Note or of
the Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay or deliver, as the case may be, the principal of, accrued and unpaid interest on, this Note at the place, at the respective times, at the
rate and in the lawful money herein prescribed. 
 The Notes are issuable in registered form without coupons in minimum denominations of
$             principal amount and integral multiples of $             in excess thereof. As provided in the Indenture and
subject to certain limitations therein set forth, Notes are exchangeable for a like aggregate principal amount of Notes and of like tenor and of authorized denominations, as requested by the Holder surrendering the same. 

  
 A - 4 

 No service charge shall be made for any such registration of transfer or exchange, but the
Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith, and a Holder may be required, among other things, to furnish appropriate endorsements and transfer documents. 

[Insert redemption provisions, if applicable.] 

[2The indebtedness evidenced by this Note is, to the extent provided in the Indenture,
subordinated and subject in right of payment to the prior payment in full of all Senior Indebtedness of the Company, and this Note is issued subject to the provisions of the Indenture with respect thereto. Each Holder of this Note, by accepting the
same, (a) agrees to and shall be bound by such provisions, (b) authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to acknowledge or effectuate the subordination so provided and
(c) appoints the Trustee his attorney-in-fact for any and all such purposes. Each Holder hereof, by his acceptance hereof, hereby waives all notice of the
acceptance of the subordination provisions contained herein and in the Indenture by each holder of Senior Indebtedness, whether now outstanding or hereafter incurred, and waives reliance by each such Holder upon said provisions.] 

[2Provisions for deferral of the interest payments, if any, will be inserted here.] 

The Indenture contains provisions for defeasance at any time of the entire Indebtedness of this Note upon compliance with certain conditions
set forth in the Indenture, including the Officer’s Certificate described above. 
 If an Event of Default with respect to the Notes
shall occur and be continuing, the principal of and interest on the Notes may be declared due and payable in the manner and with the effect provided in the Indenture. 

The Company, the Trustee and any agent of the Company or the Trustee may treat the Person in whose name this Note is registered as the
absolute owner hereof for all purposes, whether or not this Note be overdue, and none of the Company, the Trustee or any such agent shall be affected by notice to the contrary. 

  
 A - 5 

 SCHEDULE A3 

SCHEDULE OF EXCHANGES OF NOTES 

NEXTERA ENERGY PARTNERS, LP 

    %
[1SENIOR][2SUBORDINATED] NOTES DUE          

The initial principal amount of this Global Note is [            ] DOLLARS
($[            ]). 
 The following increases or decreases in this Global Note
have been made: 
  

									
	 Date of Exchange
	 	
Amount of
decrease in
principal amount
of this Global Note
	 	 Amount of increase
in principal
amount of this
Global
Note
	  	
Principal amount
of this Global Note
following such
increase or decrease
	  	
Signature of
authorized
signatory of
Trustee or
Custodian

		 		 		  		  	
		 		 		  		  	
		 		 		  		  	

  

	3 	To be included if a global note. 

  
 A - 6

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00285-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00285-of-00352.parquet"}]]