Document:

exv4w66

EXHIBIT
4.66

Officers’ Certificate

[•], 2011

     The undersigned, on behalf of ProLogis, L.P. (the “Company”), acting pursuant to
resolutions adopted by the Board of Directors (the “Board”) of ProLogis, Inc., general
partner of the Company, on [•], 2011, hereby establish a series of debt securities by means of this
Officers’ Certificate in accordance with the Indenture, dated as of [•], 2011 (the “Base
Indenture,” and as supplemented by the First Supplemental Indenture thereto, the Second
Supplemental Indenture thereto, the Third Supplemental Indenture thereto and the Fourth
Supplemental Indenture thereto, the “Indenture”), among the Company, ProLogis, Inc., as
parent guarantor, and U.S. Bank National Association, as trustee (the “Trustee”).
Capitalized terms used but not defined in this Officers’ Certificate shall have the meanings
ascribed to them in the Indenture.

8.65% Notes due 2016

     1. The series shall be entitled the “8.65% Notes due 2016” (the “Notes”).

     2. The Notes initially shall be limited to an aggregate principal amount of $[•] (except in
each case for Notes authenticated and delivered upon registration of transfer of, or in exchange
for, or in lieu of, other Notes of or within the Series pursuant to Section 304, 305, 306, 906,
1107 or 1305 of the Base Indenture); provided, the Company may increase such aggregate principal
amount upon the action of the Board to do so from time to time.

     3. The Notes shall bear interest at the rate of 8.65% per annum. The interest on this Series
shall accrue from May 15, 2011 or from the most recent Interest Payment Date (as defined herein) to
which interest has been paid or duly provided for. Interest on the Notes will be payable
semi-annually on May 15 and November 15 of each year (each an “Interest Payment Date”), commencing
on November 15, 2011. Interest shall be paid to persons in whose names the Notes are registered on
the May 1 and November 1 preceding the Interest Payment Date (each a “Regular Record Date”).

     4. Payment of the principal of and interest, if any, on the Notes (or Make-Whole Amount, if
applicable) will be made, the Notes may be surrendered for registration of transfer or exchange and
notices or demands to or upon the Company in respect of the Notes and the Indenture may be served
at the corporate trust office of the Trustee, initially located at 100 Wall Street, Suite 1600, New
York, New York 10005, Attention: Corporate Trust Division.

     5. Installments of principal on each $1,000  principal amount of the Notes are paid
annually on each May 15 (a “Principal Payment Date”)
in the following amounts: $100 in 2012,
$100 in 2013, $150 in 2014, $200 in 2015 and $250 in 2016. The
remaining $200 of principal will be paid at or prior to the Stated
Maturity.
Principal installments on the Notes
will be payable on the applicable Principal Payment Date to the persons in whose name the
applicable Notes are registered in the Security Register on the preceding May 1 (whether or not a
Business Day).

     6. The Notes may be redeemed at any time at the option of the Company, in whole or in part, at
a redemption price equal to the sum of (i) the principal amount of the Notes being

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redeemed plus accrued interest thereon to the Redemption Date and (ii) the Make-Whole Amount, if
any, with respect to such Notes.

     The following definitions apply with respect to any redemption of the Notes at the option of
the Company:

     “Make-Whole Amount” means, in connection with any optional redemption or accelerated payment
of any Note, the excess, if any, of (i) the aggregate present value as of the date of such
redemption or accelerated payment of each dollar of principal being redeemed or paid and the amount
of interest (exclusive of interest accrued to the date of redemption or accelerated payment) that
would have been payable in respect of such dollar if such redemption or accelerated payment had not
been made, determined by discounting, on a semiannual basis, such principal and interest at the
Reinvestment Rate (determined on the third Business Day preceding the date such notice of
redemption is given or declaration of acceleration is made) from the respective dates on which such
principal and interest would have been payable if such redemption or accelerated payment had not
been made, over (ii) the aggregate principal amount of the Notes being redeemed or paid.

     “Reinvestment Rate” means .25% (one-fourth of one percent) plus the arithmetic mean of the
yields under the respective headings “This Week” and “Last Week” published in the Statistical
Release under the caption “Treasury Constant Maturities” for the maturity (rounded to the nearest
month) corresponding to the remaining life to maturity, as of the payment date of the principal
being redeemed or paid. If no maturity exactly corresponds to such maturity, yields for the two
published maturities most closely corresponding to such maturity shall be calculated pursuant to
the immediately preceding sentence and the Reinvestment Rate shall be interpolated or extrapolated
from such yields on a straight-line basis, rounding in each of such relevant periods to the nearest
month. For the purposes of calculating the Reinvestment Rate, the most recent Statistical Release
published prior to the date of determination of the Make-Whole Amount shall be used.

     “Statistical Release” means the statistical release designated “H.15(519)” or any successor
publication which is published weekly by the Federal Reserve System and which establishes yields on
actively traded United States government securities adjusted to constant maturities or, if such
statistical release is not published at the time of any determination under the Indenture, then
such other reasonably comparable index which shall be designated by the Company.

     7. The Notes shall not provide for any sinking fund or analogous provision. None of the Notes
shall be redeemable at the option of the Holder.

     8. The Notes are issuable only in registered form without coupons in denominations of $1,000
and any integral multiple of $1,000 in excess thereof.

     9. The Security Registrar and Paying Agent for the Notes shall be the Trustee.

     10. The principal amount of the Notes shall be payable upon declaration of acceleration
pursuant to Section 502 of the Base Indenture.

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     11. The Notes shall be denominated in and principal of or interest on the Notes (or Make-Whole
Amount, if applicable) shall be payable 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.

     12. Except as provided in paragraph 6 of this Officers’ Certificate the amount of payments of
principal of or interest on the Notes (or Make-Whole Amount, if applicable) shall not be determined
with reference to an index or formula.

     13. None of the principal of or interest on the Notes (or Make-Whole Amount, if applicable)
will be payable at the election of the Company or a Holder thereof in a currency or currencies,
currency unit or units or composite currency or currencies other than that in which the Notes are
denominated or stated to be payable.

     14. Except as set forth in the Indenture or the Trust Indenture Act of 1939, the Notes shall
not contain any provisions granting special rights to the Holders of Notes upon the occurrence of
specified events.

     15. The Notes shall not contain any deletions from, modifications of or additions to the
Events of Default or covenants of the Company contained in the Indenture.

     16. The Notes shall be issued in the form of permanent global Securities as set forth in
Section 305 of the Base Indenture.

     17. The Notes will not be issued in the form of bearer Securities or temporary global
Securities.

     18. Sections 1402 and 1403 of the Base Indenture shall be applicable to the Notes.

     19. The Notes will not be issued upon the exercise of debt warrants.

     20. The Notes shall not provide for the payment of Additional Amounts.

     21. Article Sixteen of the Base Indenture shall be applicable to the Notes.

     22. The other terms and conditions of the Notes shall be substantially as set forth in the
Indenture and in the Prospectus dated [•], 2011 relating to the Notes.

[The remainder of this page intentionally left blank.]

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     IN WITNESS WHEREOF, the undersigned have executed this Officers’ Certificate on the date first
written above.

	 	 	 	 	 
	 	 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

[Officers’ Certificate — 8.65% Notes due 2016]exv4w67

EXHIBIT
4.67

Officers’ Certificate

[•], 2011

     The undersigned, on behalf of ProLogis, L.P. (the “Company”), acting pursuant to
resolutions adopted by the Board of Directors (the “Board”) of ProLogis, Inc., general
partner of the Company, on [•], 2011, hereby establish a series of debt securities by means of this
Officers’ Certificate in accordance with the Indenture, dated as of [•], 2011 (the “Base
Indenture,” and as supplemented by the First Supplemental Indenture thereto, the Second
Supplemental Indenture thereto, the Third Supplemental Indenture thereto and the Fourth
Supplemental Indenture thereto, the “Indenture”), among the Company, ProLogis, Inc., as
parent guarantor, and U.S. Bank National Association, as trustee (the “Trustee”).
Capitalized terms used but not defined in this Officers’ Certificate shall have the meanings
ascribed to them in the Indenture.

5.625% Notes due 2016

     1. The series shall be entitled the “5.625% Notes due 2016” (the “Notes”).

     2. The Notes initially shall be limited to an aggregate principal amount of $[•] (except in
each case for Notes authenticated and delivered upon registration of transfer of, or in exchange
for, or in lieu of, other Notes of or within the Series pursuant to Section 304, 305, 306, 906,
1107 or 1305 of the Base Indenture); provided, the Company may increase such aggregate principal
amount upon the action of the Board to do so from time to time.

     3. The Notes shall bear interest at the rate of 5.625% per annum. The aggregate principal
amount of the Notes is payable at maturity on November 15, 2016. The interest on this Series shall
accrue from May 15, 2011 or from the most recent Interest Payment Date (as defined below) to which
interest has been paid or duly provided for. Interest on the            Notes will be payable
semi-annually on May 15 and November 15 of each year (each an “Interest Payment Date”),
commencing on November 15, 2011. Interest shall be paid to persons in whose names the Notes are
registered on the May 1 and November 1 preceding the Interest Payment Date (each a “Regular
Record Date”).

     4. Payment of the principal of and interest, if any, on the Notes (or Make-Whole Amount, if
applicable) will be made, the Notes may be surrendered for registration of transfer or exchange and
notices or demands to or upon the Company in respect of the Notes and the Indenture may be served
at the corporate trust office of the Trustee, initially located at 100 Wall Street, Suite 1600, New
York, New York 10005, Attention: Corporate Trust Division.

     5. The Notes may be redeemed in whole at any time or in part from time to time, at the option
of the Company, upon notice of not more than 60 nor less than 30 days prior to the Redemption Date,
at a redemption price (the “Make-Whole Amount”) equal to the greater of

	 	(1)	 	100% of the principal amount of the Notes to be redeemed; or
	 
	 	(2)	 	the sum of the present values of the remaining scheduled payments of principal
and interest on the Notes to be redeemed (exclusive of interest accrued to the

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	 	 	 	Redemption Date) discounted to the Redemption Date on a semiannual basis (assuming a
360-day year consisting of twelve 30-day months) at the then current Treasury Rate
plus 20 basis points.

     In each case the Company will pay accrued and unpaid interest on the principal amount being
redeemed to the Redemption Date.

     The following definitions apply with respect to the Make-Whole Amount:

          “Comparable Treasury Issue” means the United States Treasury security selected by an
Independent Investment Banker as having a maturity comparable to the remaining term (“Remaining
Life”) of the Notes to be redeemed that would be utilized, at the time of selection and in
accordance with customary financial practice, in pricing new issues of corporate debt securities of
comparable maturity to the Remaining Life.

          “Comparable Treasury Price” means, with respect to any Redemption Date, (1) the average of the
Reference Treasury Dealer Quotations for such Redemption Date, after excluding the highest and
lowest Reference Treasury Dealer Quotations, or (2) if the Trustee obtains fewer than four such
Reference Treasury Dealer Quotations, the average of all such quotations.

          “Independent Investment Banker” means one of the Reference Treasury Dealers that the Company
appoints to act as the Independent Investment Banker from time to time.

     “Reference Treasury Dealer” means each of Citigroup Global Markets Inc., Merrill Lynch,
Pierce, Fenner & Smith Incorporated, RBS Securities Inc. and their successors, and one other firm
that is a primary U.S. Government securities dealer (each a “Primary Treasury Dealer”) which the
Company specifies from time to time; provided, however, that if any of them ceases to be a Primary
Treasury Dealer, the Company shall substitute another Primary Treasury Dealer.

          “Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer
and any Redemption Date, the average, as determined by the Trustee, of the bid and asked prices for
the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount)
quoted in writing to the Trustee by such Reference Treasury Dealer at 5:00 p.m., New York City
time, on the third business day preceding such Redemption Date.

          “Treasury Rate” means, with respect to any Redemption Date, the rate per year equal to: (1)
the yield, under the heading which represents the average for the immediately preceding week,
appearing in the most recently published statistical release designated “H.15(519)” or any
successor publication which is published weekly by the Board of Governors of the Federal Reserve
System and which establishes yields on actively traded United States Treasury securities adjusted
to constant maturity under the caption “Treasury Constant Maturities”, for the maturity
corresponding to the Comparable Treasury Issue; provided that, if no maturity is within three
months before or after the Remaining Life of the Notes to be redeemed, yields for the two published
maturities most closely corresponding to the Comparable Treasury Issue shall be determined and the
Treasury Rate shall be interpolated or extrapolated from those yields on a straight line basis,
rounding to the nearest month; or (2) if such release (or

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any successor release) is not published during the week preceding the calculation date or does
not contain such yields, the rate per year equal to the semiannual equivalent yield to maturity of
the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue
(expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such
Redemption Date. The Treasury Rate shall be calculated on the third business day preceding the
Redemption Date.

     6. The Notes shall not provide for any sinking fund or analogous provision. None of the Notes
shall be redeemable at the option of the Holder.

     7. The
Notes are issuable only in registered form without coupons in denominations of $1,000
and any integral multiple of $1,000 in excess thereof.

     8. The Security Registrar and Paying Agent for the Notes shall be the Trustee.

     9. The principal amount of the Notes shall be payable upon declaration of acceleration
pursuant to Section 502 of the Base Indenture.

     10. The Notes shall be denominated in and principal of or interest on the Notes (or Make-Whole
Amount, if applicable) shall be payable 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.

     11. Except as provided in paragraph 5 of this Officers’ Certificate the amount of payments of
principal of or interest on the Notes (or Make-Whole Amount, if applicable) shall not be determined
with reference to an index or formula.

     12. None of the principal of or interest on the Notes (or Make-Whole Amount, if applicable)
will be payable at the election of the Company or a Holder thereof in a currency or currencies,
currency unit or units or composite currency or currencies other than that in which the Notes are
denominated or stated to be payable.

     13. Except as set forth in the Indenture or the Trust Indenture Act of 1939, the Notes shall
not contain any provisions granting special rights to the Holders of Notes upon the occurrence of
specified events.

     14. The Notes shall not contain any deletions from, modifications of or additions to the
Events of Default or covenants of the Company contained in the Indenture.

     15. The Notes shall be issued in the form of permanent global Securities as set forth in
Section 305 of the Base Indenture.

     16. The Notes will not be issued in the form of bearer Securities or temporary global
Securities.

     17. Sections 1402 and 1403 of the Base Indenture shall be applicable to the Notes.

     18. The Notes will not be issued upon the exercise of debt warrants.

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     19. The Notes shall not provide for the payment of Additional Amounts.

     20. Article Sixteen of the Base Indenture shall be applicable to the Notes.

     21. The other terms and conditions of the Notes shall be substantially as set forth in the
Indenture and in the Prospectus dated [•], 2011 relating to the Notes.

[The remainder of this page intentionally left blank.]

4

 

     IN WITNESS WHEREOF, the undersigned have executed this Officers’ Certificate on the date first
written above.

	 	 	 	 	 
	 	 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

[Officers’ Certificate — 5.625% Notes due 2016]

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