Occidental Petroleum 2010 Annual Report Download - page 104

Download and view the complete annual report

Please find page 104 of the 2010 Occidental Petroleum annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 133

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133

respect to the Global Notes will be The Depository Trust Company. Book-Entry Notes of any series will not be exchangeable
for Notes of such series in definitive form (“ Definitive Notes”) except as provided in Section 305 of the Indenture.
(iv) Persons to Whom Interest Payable. Interest payable on any Interest Payment Date (as defined
below) with respect to a Note of any series will be paid to the Person in whose name such Note (or one or more Predecessor
Securities) is registered at the close of business on the Regular Record Date for the Notes of such series (whether or not a
Business Day) with respect to such Interest Payment Date.
(v) Stated Maturity. The principal amount of the Notes of each series will be payable on the respective
dates set forth below, subject to earlier redemption as set forth in paragraph (viii) below:
(1) in the case of the 2013 Notes, December 13, 2013;
(2) in the case of the 2016 Notes, February 1, 2016; and
(3) in the case of the 2021 Notes, February 1, 2021.
(vi) Rate of Interest; Interest Payment Dates; Regular Record Dates; Accrual of Interest .
(1) The 2013 Notes will bear interest at the rate of 1.45% per annum. Interest on the 2013 Notes
will be payable semi-annually in arrears on June 13 and December 13 of each year (each, a “ 2013 Interest Payment
Date”), commencing on June 13, 2011. The Regular Record Date for the 2013 Notes shall be the June 1 or December
1 (whether or not a Business Day), as the case may be, immediately preceding such 2013 Interest Payment Date.
(2) The 2016 Notes will bear interest at the rate of 2.50% per annum. Interest on the 2016 Notes
will be payable semi-annually in arrears on February 1 and August 1 of each year (each, a “ 2016 Interest Payment
Date”), commencing on August 1, 2011. The Regular Record Date for the 2016 Notes shall be the January 15 or July
15 (whether or not a Business Day), as the case may be, immediately preceding such 2016 Interest Payment Date.
(3) The 2021 Notes will bear interest at the rate of 4.10% per annum. Interest on the 2021 Notes
will be payable semi-annually in arrears on February 1 and August 1 of each year (each, a “ 2021 Interest Payment
Date” and, collectively with each 2013 Interest Payment Date and each 2016 Interest Payment Date, an Interest
Payment Date”), commencing on August 1, 2011. The Regular Record Date for the 2021 Notes shall be the January
15 or July 15 (whether or not a Business Day), as the case may be, immediately preceding such 2021 Interest Payment
Date.
The Notes of each series will bear interest from December 16, 2010 or from the most recent Interest Payment Date to or for
which interest has been paid
2
628904.06-Los Angeles Server 2A - MSW