DTE Energy 2014 Annual Report Download - page 148

Download and view the complete annual report

Please find page 148 of the 2014 DTE Energy 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 190

  • 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
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190

“Business Day” means any day other than a Saturday or Sunday or a day on which commercial banks in the state of New York or the
state of Michigan are required or authorized by law or executive order to be closed. The interest installment so payable, and punctually
paid or duly provided for, on any Interest Payment Date with respect to this Note will, as provided in the Indenture, be paid to the
person in whose name this Note is registered at the close of business on the relevant record date for such interest installment, which
shall be the fifteenth calendar day (whether or not a Business Day) prior to the relevant Interest Payment Date (the “Regular Record
Date”). Any such interest installment not punctually paid or duly provided for shall forthwith cease to be payable to the registered
Holders on such Regular Record Date, and may either be paid to the person in whose name this 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 whereof shall be given
to the registered Holders of the Notes not less than ten 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. The principal of, and premium, if any, and the
interest on the Notes shall be payable at the office or agency of the Company maintained for that purpose in the Borough of
Manhattan, The City of New York, in any coin or currency of the United States of America which at the time of payment is legal
tender for payment of public and private debts; provided, however, that payment of interest may be made at the option of the Company
by check mailed to the registered Holder at the close of business on the Regular Record Date at such address as shall appear in the
Security Register. Notwithstanding anything else contained herein, if this Note is a Global Note and is held in book-entry form through
the facilities of the Depositary, payments on this Note will be made to the Depositary or its nominee in accordance with arrangements
then in effect between the Trustee and the Depositary.
This Note is one of a duly authorized series of Securities of the Company, designated as the “2014 Series G 2.40% Senior
Notes due 2019” (the “Notes”), initially limited to an aggregate principal amount of $300,000,000 (except for Notes authenticated and
delivered upon transfer of, or in exchange for, or in lieu of other Notes, and except as further provided in the Indenture), all issued or to
be issued under and pursuant to an Amended and Restated Indenture, dated as of April 9, 2001, as supplemented through and
including the Supplemental Indenture dated as of November 1, 2014 (together, as amended, supplemented or modified, the
“Indenture”), duly executed and delivered between the Company and The Bank of New York Mellon Trust Company, N.A., as
successor trustee (herein referred to as the “Trustee”, which term includes any successor trustee under the Indenture), to which
Indenture reference is hereby made for a description of the respective rights, limitations of rights, obligations, duties and immunities
thereunder of the Trustee, the Company and the registered Holders of the Notes and of the terms upon which the Notes are, and are to
be, authenticated and delivered.
This Note is not subject to repayment at the option of the Holder hereof. This Note is not subject to any sinking fund.
This Note will be redeemable at the option of the Company, in whole at any time or in part from time to time (any such date of
optional redemption, an “Optional Redemption Date,” which shall be a “Redemption Date” for purposes of the Indenture) at the
redemption prices set forth below.
A-2