Danaher 2009 Annual Report Download - page 266

(d) to credit the net proceeds of all deliveries of the Obligations to the Issuer’s account with the Bank (Account No. 00447400) under advice to the
Issuer at the address specified in Section 15 hereof.
Y. Physical Notes:
The Bank’s sole duties in connection with the issuance of the Notes if the Issuer delivers a supply of the Issuer’s blank Notes to the Bank or uses
the Bank’s commercial paper universal note stock pursuant to Section 5(Y) hereof shall be as follows:
(a) to hold the blank Notes in safekeeping, pending receipt of the Issuer’s Instructions;
(b) to complete each Note pursuant to the Instructions as to the face or principal amount, net dollar amount, payee (which shall be
“BEARER” unless otherwise specified in the Instructions), date of issue, maturity date, interest rate (if any) and amount of interest due at
maturity (if an interest bearing Note);
(c) to cause a duly authorized officer or duly authorized employee of the Bank to countersign each Note for purposes of authentication of the
Note only;
(d) to deliver the Notes in accordance with the related Instructions (i) by hand, against receipt for payment or (ii) as otherwise provided in the
related Instructions; and
(e) to credit the net proceeds of all deliveries of Notes to the Issuer’s account with the Bank (Account No. 00447400) under advice to the Issuer
at the address specified in Section 15 hereof.
The Bank’s additional duties in connection with the issuance of the Notes when the Issuer delivers facsimile signature stamps to the Bank
pursuant to Section 5(Y) hereof shall be as follows:
(f) to hold the facsimile signature stamps delivered pursuant to Section 5(Y) hereof in safekeeping pending receipt of the Issuer’s
Instructions; and
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Source: DANAHER CORP /DE/, 10-K, February 24, 2010 Powered by Morningstar® Document Research℠
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