Danaher 2011 Annual Report Download - page 150

“TARGET2” means the Trans-European Automated Real-Time Gross Settlement Express Transfer payment system which utilises a single shared
platform and which was launched on 19 November 2007.
“Treaty” means the Treaty establishing the European Community, as amended.
“USCP Program” means Danaher’s U.S. commercial paper program, as such program is amended or supplemented from time to time pursuant to a
commercial paper dealer agreement dated 5 May 2006 by Danaher, as issuer, and Goldman, Sachs & Co., as a U.S. dealer, and a commercial paper
dealer agreement dated 6 November 2006 by Danaher, as issuer, and Citigroup Global Markets Inc., as a U.S. dealer; concerning notes to be issued
pursuant to an Issuing and Paying Agency Agreement between Danaher and Deutsche Bank Trust Company Americas, dated 5 May 2006.
“Yen” and “¥” denote the lawful currency of Japan; and “ Yen Note” means a note denominated in Yen.
1.2 Programme Summary
Terms not expressly defined herein shall have the meanings set out in the Programme Summary.
1.3 Legislation
Any reference in this Agreement to any legislation (whether primary legislation or regulations or other subsidiary legislation made pursuant to primary
legislation) shall be construed as a reference to such legislation as the same may have been, or may from time to time be, amended or re-enacted.
1.4 Clauses and Schedules
Any reference in this Agreement to a Clause, sub-clause or a Schedule is, unless otherwise stated, to a clause or sub-clause hereof or a schedule hereto.
1.5 Headings
Headings and sub-headings are for ease of reference only and shall not affect the construction of this Agreement.
2. ISSUE
2.1 Basis of agreements to issue; uncommitted facility
Subject to the terms hereof, any Issuer may issue Notes to any Dealer from time to time at such prices and upon such terms as such Issuer and such
Dealer may agree, provided that such Issuer has, and shall have, no obligation to issue Notes to such Dealer, except as agreed, and such Dealer has,
and shall have, no obligation to subscribe Notes from such Issuer, except as agreed. Each Issuer acknowledges that any Dealer may resell Notes
subscribed by such Dealer. The tenor of each Note shall not be less than the Minimum Term nor greater than the Maximum Term specified in
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Source: DANAHER CORP /DE/, 10-K, February 24, 2012 Powered by Morningstar® Document Research℠
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