Common use of DEFINITIONS AND INCORPORATION Clause in Contracts

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. 1 Section 1.02 Other Definitions. 22 Section 1.03 Incorporation by Reference of Trust Indenture Act. 22 Section 1.04 Rules of Construction. 23 ARTICLE 2 THE NOTES Section 2.01 Form and Dating. 23 Section 2.02 Execution and Authentication. 24 Section 2.03 Registrar and Paying Agent. 24 Section 2.04 Paying Agent to Hold Money in Trust. 24 Section 2.05 Holder Lists. 25 Section 2.06 Transfer and Exchange. 25 Section 2.07 Replacement Notes. 37 Section 2.08 Outstanding Notes. 37 Section 2.09 Treasury Notes. 38 Section 2.10 Temporary Notes. 38 Section 2.11 Cancellation. 38 Section 2.12 Defaulted Interest. 38 REDEMPTION AND PREPAYMENT Section 3.01 Notices to Trustee. 38 Section 3.02 Selection of Notes to Be Redeemed or Purchased. 39 Section 3.03 Notice of Redemption. 39 Section 3.04 Effect of Notice of Redemption. 40 Section 3.05 Deposit of Redemption or Purchase Price. 40 Section 3.06 Notes Redeemed or Purchased in Part. 40 Section 3.07 Optional Redemption. 41 Section 3.08 Mandatory Redemption. 41 Section 3.09 Offer to Purchase by Application of Excess Proceeds. 42 ARTICLE 4 COVENANTS Section 4.01 Payment of Notes. 43 Section 4.02 Maintenance of Office or Agency. 44 Section 4.03 Reports. 44 Section 4.04 Compliance Certificate. 45 Section 4.05 Taxes. 46 Section 4.06 Stay, Extension and Usury Laws. 46 Section 4.07 Restricted Payments. 46 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 49 Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock. 51 Section 4.10 Asset Sales. 54 Section 4.11 Transactions with Affiliates. 56 Section 4.12 [Intentionally Omitted] 57 Section 4.13 Business Activities. 57 Section 4.14 Corporate Existence. 57 Section 4.15 Offer to Repurchase Upon Change of Control. 57 Section 4.16 Limitation on Issuances of Guarantees of Indebtedness. 59 Section 4.17 Payments for Consent. 59 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries. 59 Section 4.19 Maintenance of Total Unencumbered Assets. 60 Section 4.20 Changes in Covenants when Notes Rated Investment Grade. 60 ARTICLE 5

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. Definitions 1 Section 1.02 Other Definitions. 22 Definitions 34 Section 1.03 Incorporation by Reference of Trust Indenture Act. 22 Act 35 Section 1.04 Rules of Construction. 23 Construction 35 ARTICLE 2 THE NOTES Section 2.01 Form and Dating. 23 Dating 36 Section 2.02 Execution and Authentication. 24 Authentication 37 Section 2.03 Registrar and Paying Agent. 24 Agent 37 Section 2.04 Paying Agent to Hold Money in Trust. 24 Trust 38 Section 2.05 Holder Lists. 25 Lists 38 Section 2.06 Transfer and Exchange. 25 Exchange 38 Section 2.07 Replacement Notes. 37 Notes 50 Section 2.08 Outstanding Notes. 37 Notes 50 Section 2.09 Treasury Notes. 38 Notes 51 Section 2.10 Temporary Notes. 38 Notes 51 Section 2.11 Cancellation. 38 Cancellation 51 Section 2.12 Defaulted Interest. 38 Interest 51 Section 2.13 CUSIP Numbers 52 ARTICLE 3 REDEMPTION AND PREPAYMENT Section 3.01 Notices to Trustee. 38 Trustee 52 Section 3.02 Selection of Notes to Be Redeemed or Purchased. 39 Purchased 52 Section 3.03 Notice of Redemption. 39 Redemption 53 Section 3.04 Effect of Notice of Redemption. 40 Redemption 53 Section 3.05 Deposit of Redemption or Purchase Price. 40 Price 54 Section 3.06 Notes Redeemed or Purchased in Part. 40 Part 54 Section 3.07 Optional Redemption. 41 Redemption 54 Section 3.08 Mandatory Redemption. 41 Redemption 56 Section 3.09 Offer to Purchase by Application of Excess Proceeds. 42 Proceeds 56 ARTICLE 4 COVENANTS Section 4.01 Payment of Notes. 43 Notes 56 Section 4.02 Maintenance of Office or Agency. 44 Agency 57 Section 4.03 Reports. 44 Reports 57 Section 4.04 Compliance Certificate. 45 Certificate 59 Section 4.05 Taxes. 46 Taxes 59 Page Section 4.06 Stay, Extension and Usury Laws. 46 Laws 59 Section 4.07 Limitation on Restricted Payments. 46 Payments 60 Section 4.08 Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 49 Subsidiaries 64 Section 4.09 Limitation on Incurrence of Indebtedness and Issuance of Preferred Stock. 51 Stock 66 Section 4.10 Limitation on Asset Sales. 54 Sales 71 Section 4.11 Limitation on Transactions with Affiliates. 56 Affiliates 73 Section 4.12 [Intentionally Omitted] 57 Limitation on Liens 75 Section 4.13 Conduct of Business Activities. 57 and Limitation on Certain Activities 75 Section 4.14 Corporate Existence. 57 Existence 75 Section 4.15 Offer to Repurchase Upon Change of Control. 57 Control 76 Section 4.16 Limitation on Issuances of Additional Note Guarantees of Indebtedness. 59 77 Section 4.17 Payments for Consent. 59 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries. 59 Subsidiaries 77 Section 4.18 Payments for Consent 77 Section 4.19 Maintenance of Total Unencumbered Assets. 60 Covenant Suspension 78 Section 4.20 Changes in Covenants when Notes Rated Investment Grade. 60 Withholding Taxes 78 ARTICLE 5

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. 1 Section 1.02 Other Definitions. 22 Definitions 25 Section 1.03 Incorporation by Reference of Trust Indenture Act. 22 Act 25 Section 1.04 Rules of Construction. 23 Construction 26 ARTICLE 2 THE NOTES Section 2.01 Form and Dating. 23 Dating 26 Section 2.02 Execution and Authentication. 24 Authentication 27 Section 2.03 Registrar and Paying Agent. 24 Agent 27 Section 2.04 Paying Agent to Hold Money in Trust. 24 Trust 28 Section 2.05 Holder Lists. 25 Lists 28 Section 2.06 Transfer and Exchange. 25 Exchange 28 Section 2.07 Replacement Notes. 37 Notes 38 Section 2.08 Outstanding Notes. 37 Notes 38 Section 2.09 Treasury Notes. 38 Notes 39 Section 2.10 Temporary Notes. 38 Notes 39 Section 2.11 Cancellation. 38 Cancellation 39 Section 2.12 Defaulted Interest. 38 Interest 39 Section 2.13 Issuance of Additional Notes 39 ARTICLE 3 REDEMPTION AND PREPAYMENT Section 3.01 Notices to Trustee. 38 Trustee 40 Section 3.02 Selection of Notes to To Be Redeemed or Purchased. 39 Purchased 40 Section 3.03 Notice of Redemption. 39 Redemption 40 Section 3.04 Effect of Notice of Redemption. 40 Redemption 41 Section 3.05 Deposit of Redemption or Purchase Price. 40 Price 41 Section 3.06 Notes Redeemed or Purchased in Part. 40 Part 42 Section 3.07 Optional Redemption. 41 Redemption 42 Section 3.08 Mandatory Redemption. 41 Redemption 43 Section 3.09 Offer to Purchase by Application of Excess Proceeds. 42 Proceeds 43 Section 3.10 Special Mandatory Redemption 45 ARTICLE 4 COVENANTS Section 4.01 Payment of Notes. 43 Notes 45 Section 4.02 Maintenance of Office or Agency. 44 Agency 45 Section 4.03 Reports. 44 Reports 46 Section 4.04 Compliance Certificate. 45 Certificate 46 Section 4.05 Taxes. 46 Taxes 47 Section 4.06 Stay, Extension and Usury Laws. 46 Laws 47 Page Section 4.07 Restricted Payments. 46 Payments 47 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 49 Subsidiaries 50 Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock. 51 Disqualified Equity 52 Section 4.10 Asset Sales. 54 Sales 55 Section 4.11 Transactions with Affiliates. Affiliates 56 Section 4.12 [Intentionally Omitted] 57 Liens 58 Section 4.13 Business Activities. 57 Limitations on Finance Corp. Activities 59 Section 4.14 Corporate Existence. 57 Existence 59 Section 4.15 Offer to Repurchase Upon Change of Control. 57 Control 59 Section 4.16 Limitation on Issuances of Guarantees of Indebtedness. 59 Additional Guarantors 61 Section 4.17 Payments for Consent. 59 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries. 59 Subsidiaries 61 Section 4.19 Maintenance of Total Unencumbered Assets. 60 Section 4.20 Changes in Covenants when Notes Rated Investment Grade. 60 4.18 Covenant Termination 61 ARTICLE 5

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. Definitions 1 Section 1.02 Other Definitions. 22 Definitions 57 Section 1.03 Incorporation by Reference of Trust Indenture Act. 22 Act 58 Section 1.04 Rules of Construction. 23 Construction 58 ARTICLE 2 THE NOTES Section 2.01 Form and Dating. 23 Dating 59 Section 2.02 Execution and Authentication. 24 Authentication 59 Section 2.03 Registrar and Paying Agent. 24 Agent 60 Section 2.04 Paying Agent to Hold Money in Trust. 24 Trust 60 Section 2.05 Holder Lists. 25 Lists 60 Section 2.06 Transfer and Exchange. 25 Exchange 61 Section 2.07 Replacement Notes. 37 Notes 71 Section 2.08 Outstanding Notes. 37 Notes 71 Section 2.09 Treasury Notes. 38 Notes 71 Section 2.10 Temporary Notes. 38 Notes 72 Section 2.11 Cancellation. 38 Section 2.12 Defaulted Interest. 38 Cancellation 72 ARTICLE 3 REDEMPTION AND PREPAYMENT Section 3.01 Notices to Trustee. 38 Trustee 72 Section 3.02 Selection of Notes to Be Redeemed or Purchased. 39 Purchased 72 Section 3.03 Notice of Redemption. 39 Redemption 73 Section 3.04 Effect of Notice of Redemption. 40 Redemption 73 Section 3.05 Deposit of Redemption or Purchase Price. 40 Price 74 Section 3.06 Notes Redeemed or Purchased in Part. 40 Part 74 Section 3.07 Optional Redemption. 41 Redemption 74 Section 3.08 Mandatory Redemption. 41 Redemption 76 Section 3.09 Offer to Purchase by Application of Excess Proceeds. 42 Proceeds 76 ARTICLE 4 COVENANTS Section 4.01 Payment of Notes. 43 Notes 78 Section 4.02 Maintenance of Office or Agency. 44 Agency 78 Section 4.03 Reports. 44 Reports 78 Section 4.04 Compliance Certificate. 45 Certificate 81 Section 4.05 Taxes. 46 Taxes 82 Section 4.06 Stay, Extension and Usury Laws. 46 Laws 82 Section 4.07 Limitation on Restricted Payments. 46 Payments 82 Section 4.08 Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 49 Subsidiaries 90 Section 4.09 Limitation on Incurrence of Indebtedness and Issuance of Preferred Stock. 51 92 Section 4.10 Asset Sales. 54 Sales 102 Section 4.11 Limitation on Transactions with Affiliates. 56 Affiliates 107 Section 4.12 [Intentionally Omitted] 57 Limitation on Liens 110 Section 4.13 Business Activities. 57 Corporate Existence 110 Section 4.14 Corporate Existence. 57 Section 4.15 Offer to Repurchase Upon Change of Control. 57 Control 111 Section 4.15 Additional Subsidiary Guarantees 113 Section 4.16 Limitation on Issuances Suspension of Guarantees of Indebtedness. 59 Covenants 113 Section 4.17 Payments for Consent. 59 After-Acquired Collateral 114 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries. 59 Post-Closing Collateral 117 Section 4.19 Maintenance of Total Unencumbered Assets. 60 Section 4.20 Changes in Covenants when Notes Rated Investment Grade. 60 Measuring Compliance 118 ARTICLE 5

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. Definitions 1 Section 1.02 Other Definitions. 22 Definitions 32 Section 1.03 Incorporation by Reference of Trust Indenture Act. 22 Act 33 Section 1.04 Rules of Construction. 23 Construction 33 ARTICLE 2 THE NOTES Section 2.01 Form and Dating. 23 Dating 34 Section 2.02 Execution and Authentication. 24 Authentication 35 Section 2.03 Registrar and Paying Agent. 24 Agent 35 Section 2.04 Paying Agent to Hold Money in Trust. 24 Trust 36 Section 2.05 Holder Lists. 25 Lists 36 Section 2.06 Transfer and Exchange. 25 Exchange 36 Section 2.07 Replacement Notes. 37 Notes 49 Section 2.08 Outstanding Notes. 37 Notes 49 Section 2.09 Treasury Notes. 38 Notes 49 Section 2.10 Temporary Notes. 38 Notes 49 Section 2.11 Cancellation. 38 Cancellation 50 Section 2.12 Defaulted Interest. 38 Interest 50 ARTICLE 3 REDEMPTION AND PREPAYMENT Section 3.01 Notices to Trustee. 38 Trustee 50 Section 3.02 Selection of Notes to Be Redeemed or Purchased. 39 Purchased 50 Section 3.03 Notice of Redemption. 39 Redemption 51 Section 3.04 Effect of Notice of Redemption. 40 Redemption 52 Section 3.05 Deposit of Redemption or Purchase Price. 40 Price 52 Section 3.06 Notes Redeemed or Purchased in Part. 40 Part 52 Section 3.07 Optional Redemption. 41 Redemption 52 Section 3.08 Mandatory Redemption. 41 Redemption 53 Section 3.09 Offer to Purchase by Application of Excess Proceeds. 42 Proceeds 53 ARTICLE 4 COVENANTS Section 4.01 Payment of Notes. 43 Notes 55 Section 4.02 Maintenance of Office or Agency. 44 Agency 55 Section 4.03 Reports. 44 Reports 56 Section 4.04 Compliance Certificate. 45 Certificate 57 Section 4.05 Taxes. 46 Taxes 58 Section 4.06 Stay, Extension and Usury Laws. 46 Laws 58 Section 4.07 Restricted Payments. 46 Payments 58 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 49 Subsidiaries 63 Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock. 51 Stock 65 Section 4.10 Asset Sales. 54 Sales 69 Page Section 4.11 Transactions with Affiliates. 56 Affiliates 71 Section 4.12 [Intentionally Omitted] 57 Liens 74 Section 4.13 Business Activities. 57 Corporate Existence 74 Section 4.14 Corporate Existence. 57 Section 4.15 Offer to Repurchase Upon Change of Control. 57 Control 75 Section 4.15 Payments for Consent 76 Section 4.16 Limitation on Issuances of Additional Note Guarantees of Indebtedness. 59 76 Section 4.17 Payments for Consent. 59 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries. 59 Subsidiaries 77 Section 4.18 Restrictions on Activities of Express Finance 77 Section 4.19 Maintenance of Total Unencumbered Assets. 60 Section 4.20 Changes in Covenants when Notes Rated Investment Grade. 60 Grade 77 ARTICLE 5

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. Definitions 1 Section 1.02 Other Definitions. 22 Definitions 31 Section 1.03 Incorporation by Reference of Trust Indenture Act. 22 Act 31 Section 1.04 Rules of Construction. 23 Construction 31 ARTICLE 2 THE NOTES Section 2.01 Form and Dating. 23 Dating 32 Section 2.02 Execution and Authentication. 24 Authentication 33 Section 2.03 Registrar and Paying Agent. 24 Agent 34 Section 2.04 Paying Agent to Hold Money in Trust. 24 Trust 34 Section 2.05 Holder Lists. 25 Lists 34 Section 2.06 Transfer and Exchange. 25 Exchange 34 Section 2.07 Replacement Notes. 37 Notes 46 Section 2.08 Outstanding Notes. 37 Notes 46 Section 2.09 Treasury Notes. 38 Notes 46 Section 2.10 Temporary Notes. 38 Notes 47 Section 2.11 Cancellation. 38 Cancellation 47 Section 2.12 Defaulted Interest. 38 Interest 47 ARTICLE 3 REDEMPTION AND PREPAYMENT Section 3.01 Notices to Trustee. 38 Trustee 47 Section 3.02 Selection of Notes to Be Redeemed or Purchased. 39 Purchased 48 Section 3.03 Notice of Redemption. 39 Redemption 48 Section 3.04 Effect of Notice of Redemption. 40 Redemption 49 Section 3.05 Deposit of Redemption or Purchase Price. 40 Price 49 Section 3.06 Notes Redeemed or Purchased in Part. 40 Part 49 Section 3.07 Optional Redemption. 41 Redemption 49 Section 3.08 Mandatory Redemption. 41 Redemption 50 Section 3.09 Offer to Purchase by Application of Excess Proceeds. 42 Proceeds 50 Section 3.10 Repurchase upon Event of Loss Offer 52 ARTICLE 4 COVENANTS Section 4.01 Payment of Notes. 43 Notes 54 Section 4.02 Maintenance of Office or Agency. 44 Agency 54 Section 4.03 Reports. 44 Reports 54 Section 4.04 Compliance Certificate. 45 Certificate 56 Section 4.05 Taxes. 46 Taxes 56 Page Section 4.06 Stay, Extension and Usury Laws. 46 Laws 56 Section 4.07 Restricted Payments. 46 Payments 56 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 49 Subsidiaries 61 Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock. 51 Stock 63 Section 4.10 Asset Sales. 54 Sales 67 Section 4.11 Transactions with Affiliates. 56 Affiliates 69 Section 4.12 [Intentionally Omitted] 57 Liens 71 Section 4.13 Business Activities. 57 Corporate Existence 71 Section 4.14 Corporate Existence. 57 Section 4.15 Offer to Repurchase Upon Change of Control. 57 Control 72 Section 4.15 Payments for Consent 73 Section 4.16 Limitation on Issuances of Additional Note Guarantees of Indebtedness. 59 73 Section 4.17 Payments for Consent. 59 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries. 59 Subsidiaries 74 Section 4.19 Maintenance of Total Unencumbered Assets. 60 Section 4.20 4.18 Changes in Covenants when Notes Rated Investment Grade. 60 Grade 74 Section 4.19 Event of Loss 75 Section 4.20 Further Assurances 76 ARTICLE 5

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. Definitions 1 Section 1.02 Other Definitions. 22 Definitions 43 Section 1.03 Incorporation by Reference of Trust Indenture Act. 22 Act 44 Section 1.04 Rules of Construction. 23 Construction 44 ARTICLE 2 THE NOTES Section 2.01 Form and Dating. 23 Dating 44 Section 2.02 Execution and Authentication. 24 Authentication 46 Section 2.03 Registrar and Paying Agent. 24 Agent 46 Section 2.04 Paying Agent to Hold Money in Trust. 24 Trust 47 Section 2.05 Holder Lists. 25 Lists 47 Section 2.06 Transfer and Exchange. 25 Exchange 47 Section 2.07 Replacement Notes. 37 Notes 59 Section 2.08 Outstanding Notes. 37 Notes 59 Section 2.09 Treasury Notes. 38 Notes 60 Section 2.10 Temporary Notes. 38 Notes 60 Section 2.11 Cancellation. 38 Cancellation 60 Section 2.12 Defaulted Interest. 38 Interest 60 Section 2.13 Issuance of Additional Notes 61 Section 2.14 Method of Submission 61 Section 2.15 Trustee’s Duty to Monitor 61 ARTICLE 3 REDEMPTION AND PREPAYMENT Section 3.01 Notices to Trustee. 38 Trustee 61 Section 3.02 Selection of Notes to Be Redeemed or Purchased. 39 Purchased 62 Section 3.03 Notice of Redemption. 39 Redemption 62 Section 3.04 Effect of Notice of Redemption. 40 Redemption 63 Section 3.05 Deposit of Redemption or Purchase Price. 40 Price 64 Section 3.06 Notes Redeemed or Purchased in Part. 40 Part 64 Section 3.07 Optional Redemption. 41 Redemption 64 Section 3.08 Mandatory Redemption. 41 Redemption 65 Section 3.09 Offer to Purchase by Application of Excess Proceeds. 42 Gaming Redemption 65 ARTICLE 4 COVENANTS Section 4.01 Payment of Notes. 43 Notes 66 Section 4.02 Maintenance of Office or Agency. 44 Agency 66 Section 4.03 Reports. 44 Reports 66 Section 4.04 Compliance Certificate. 45 Certificate 67 Section 4.05 Taxes. 46 Section 4.06 Stay, Extension and Usury Laws. 46 Laws 68 Section 4.06 Restricted Payments 68 Section 4.07 Restricted Payments. 46 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 49 Subsidiaries 72 Page Section 4.09 4.08 Incurrence of Indebtedness and Issuance of Preferred Stock. 51 75 Section 4.09 Asset Sales 80 Section 4.10 Asset Sales. 54 Transactions with Affiliates 82 Section 4.11 Transactions with Affiliates. 56 Liens 84 Section 4.12 [Intentionally Omitted] 57 Corporate Existence 85 Section 4.13 Business Activities. 57 Section 4.14 Corporate Existence. 57 Section 4.15 Offer to Repurchase Upon Change of Control. 57 Control 85 Section 4.16 4.14 Limitation on Issuances of Guarantees by Subsidiary Guarantors 86 Section 4.15 Fall-Away Event 87 Section 4.16 Restrictions on Activities of Indebtedness. 59 the Co-Issuer 87 Section 4.17 Payments for Consent. 59 Master Lease 87 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries. 59 Section 4.19 Maintenance of Total Unencumbered Assets. 60 Section 4.20 Changes in Covenants when Notes Rated Investment Grade. 60 Future Guarantors 87 ARTICLE 5

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. Definitions 1 Section 1.02 Other Definitions. 22 Definitions 10 Section 1.03 Incorporation by Reference of Trust Indenture Act. 22 Act 11 Section 1.04 Rules of Construction. 23 Construction 11 ARTICLE 2 THE NOTES DEBENTURES Section 2.01 Form and Dating. 23 Dating 12 Section 2.02 Execution and Authentication. 24 Authentication 13 Section 2.03 Registrar and Paying Agent. 24 Agent 14 Section 2.04 Paying Agent to Hold Money in Trust. 24 Trust 14 Section 2.05 Holder Lists. 25 Lists 14 Section 2.06 Transfer and Exchange. 25 Exchange 14 Section 2.07 Replacement Notes. 37 Debentures 26 Section 2.08 Outstanding Notes. 37 Debentures 26 Section 2.09 Treasury Notes. 38 Debentures 26 Section 2.10 Temporary Notes. 38 Debentures 26 Section 2.11 Cancellation. 38 Cancellation 27 Section 2.12 Defaulted Interest. 38 Interest 27 REDEMPTION AND PREPAYMENT Section 3.01 Notices to Trustee. 38 Trustee 27 Section 3.02 Selection of Notes Debentures to Be Redeemed or Purchased. 39 Purchased 27 Section 3.03 Notice of Redemption. 39 Redemption 28 Section 3.04 Effect of Notice of Redemption. 40 Redemption 29 Section 3.05 Deposit of Redemption or Purchase Price. 40 Price 29 Section 3.06 Notes Debentures Redeemed or Purchased in Part. 40 Part 29 Section 3.07 Optional Redemption. 41 Redemption 29 Section 3.08 Mandatory Redemption. 41 Repurchase at Option of the Holder 30 Section 3.09 Offer to Purchase by Application Effect of Excess Proceeds. 42 a Repurchase Notice 31 Section 3.10 Repurchase at Option of Holder Upon a Designated Event 31 ARTICLE 4 COVENANTS Section 4.01 Payment of Notes. 43 Debentures 34 Section 4.02 Maintenance of Office or Agency. 44 Agency 34 Section 4.03 Reports. 44 Reports 35 Section 4.04 Compliance Certificate. 45 Certificate 35 Section 4.05 Taxes. 46 Taxes 36 Section 4.06 Stay, Extension and Usury Laws. 46 Laws 36 Section 4.07 Restricted Payments. 46 Corporate Existence 36 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 49 No Layering of Debt 36 Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock. 51 Payments for Consent 37 Section 4.10 Asset Sales. 54 Section 4.11 Transactions with Affiliates. 56 Section 4.12 [Intentionally Omitted] 57 Section 4.13 Business Activities. 57 Section 4.14 Corporate Existence. 57 Section 4.15 Offer to Repurchase Upon Change of Control. 57 Section 4.16 Limitation on Issuances of Additional Debenture Guarantees of Indebtedness. 59 Section 4.17 Payments for Consent. 59 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries. 59 Section 4.19 Maintenance of Total Unencumbered Assets. 60 Section 4.20 Changes in Covenants when Notes Rated Investment Grade. 60 37 ARTICLE 5

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. Definitions 1 Section 1.02 Other Definitions. 22 Definitions 31 Section 1.03 Incorporation by Reference of Trust Indenture Act. 22 Act 32 Section 1.04 Rules of Construction. 23 Construction 32 ARTICLE 2 THE NOTES Section 2.01 Form and Dating. 23 Dating 33 Section 2.02 Execution and Authentication. 24 Authentication 34 Section 2.03 Registrar and Paying Agent. 24 Agent 35 Section 2.04 Paying Agent to Hold Money in Trust. 24 Trust 35 Section 2.05 Holder Lists. 25 Lists 35 Section 2.06 Transfer and Exchange. 25 Exchange 36 Section 2.07 Replacement Notes. 37 Notes 48 Section 2.08 Outstanding Notes. 37 Notes 48 Section 2.09 Treasury Notes. 38 Notes 48 Section 2.10 Temporary Notes. 38 Notes 49 Section 2.11 Cancellation. 38 Cancellation 49 Section 2.12 Defaulted Interest. 38 Interest 49 ARTICLE 3 REDEMPTION AND PREPAYMENT Section 3.01 Notices to Trustee. 38 Trustee 49 Section 3.02 Selection of Notes to Be Redeemed or Purchased. 39 Purchased 50 Section 3.03 Notice of Redemption. 39 Redemption 50 Section 3.04 Effect of Notice of Redemption. 40 Redemption 51 Section 3.05 Deposit of Redemption or Purchase Price. 40 Price 51 Section 3.06 Notes Redeemed or Purchased in Part. 40 Part 52 Section 3.07 Optional Redemption. 41 Section 3.08 Mandatory Redemption. 41 Section 3.09 Offer to Purchase by Application of Excess Proceeds. 42 Redemption 52 ARTICLE 4 COVENANTS Section 4.01 Payment of Notes. 43 Notes 53 Section 4.02 Maintenance of Office or Agency. 44 Agency 53 Section 4.03 Reports. 44 Reports 54 Section 4.04 Compliance Certificate. 45 Certificate 55 Section 4.05 Taxes. 46 Taxes 55 Section 4.06 Stay, Extension and Usury Laws. 46 Laws 56 Section 4.07 Restricted Payments. 46 Payments 56 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 49 Subsidiaries 60 Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock. 51 Stock 62 Section 4.10 Asset Sales. 54 Sales 65 Section 4.11 Transactions with Affiliates. 56 Affiliates 69 Section 4.12 [Intentionally Omitted] 57 Section 4.13 Business Activities. 57 Section 4.14 Corporate Existence. 57 Section 4.15 Offer to Repurchase Upon Change of Control. 57 Section 4.16 Limitation on Issuances of Guarantees of Indebtedness. 59 Section 4.17 Payments for Consent. 59 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries. 59 Section 4.19 Maintenance of Total Unencumbered Assets. 60 Section 4.20 Changes in Covenants when Notes Rated Investment Grade. 60 ARTICLE 5Liens 71

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. Definitions 1 Section 1.02 Other Definitions. 22 Definitions 14 Section 1.03 Incorporation by Reference of Trust Indenture Act. 22 Act 15 Section 1.04 Rules of Construction. 23 Construction 15 ARTICLE 2 THE ISSUANCE OF NOTES AND ADDITIONAL SECURITIES Section 2.01 Form and Dating. 23 Dating of Notes; Creation of Additional Securities 16 Section 2.02 Execution and Authentication. 24 Authentication 19 Section 2.03 Registrar and Paying Agent. 24 Agent 19 Section 2.04 Paying Agent to Hold Money in Trust. 24 Trust 20 Section 2.05 Holder Lists. 25 Lists 20 Section 2.06 Transfer and Exchange. 25 Exchange 20 Section 2.07 Replacement Notes. 37 Issuance of Additional Notes 32 Section 2.08 Outstanding Notes. 37 Replacement Securities 32 Section 2.09 Treasury Notes. 38 Outstanding Securities 33 Section 2.10 Temporary Notes. 38 Treasury Securities 33 Section 2.11 Cancellation. 38 Temporary Securities 33 Section 2.12 Cancellation 33 Section 2.13 Defaulted Interest. 38 Interest 34 ARTICLE 3 REDEMPTION AND PREPAYMENT Section 3.01 Notices to Trustee. 38 Trustee 34 Section 3.02 Selection of Notes to Be Redeemed or Purchased. 39 Purchased 34 Section 3.03 Notice of Redemption. 39 Redemption 35 Section 3.04 Effect of Notice of Redemption. 40 Redemption 36 Section 3.05 Deposit of Redemption or Purchase Price. 40 Price 36 Section 3.06 Notes Redeemed or Purchased in Part. 40 Part 37 Section 3.07 Optional Redemption. 41 Redemption 37 Section 3.08 Mandatory Redemption. 41 Section 3.09 Offer to Purchase by Application of Excess Proceeds. 42 Redemption 38 ARTICLE 4 COVENANTS Section 4.01 Payment of Notes. 43 Notes 38 Section 4.02 Maintenance of Office or Agency. 44 Agency 38 Section 4.03 Reports. 44 Reports 39 Section 4.04 Compliance Certificate. 45 Certificate 40 Section 4.05 Taxes. 46 Taxes 40 Section 4.06 Stay, Extension and Usury Laws. 46 Laws 40 Section 4.07 Restricted Payments. 46 Liens 40 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 49 Limited Liability Company Existence 42 Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock. 51 Section 4.10 Asset Sales. 54 Section 4.11 Transactions with Affiliates. 56 Section 4.12 [Intentionally Omitted] 57 Section 4.13 Business Activities. 57 Section 4.14 Corporate Existence. 57 Section 4.15 Offer to Repurchase Upon Change of Control. 57 Control Triggering Event 42 Section 4.16 Limitation on Issuances of 4.10 Additional Subsidiary Guarantees of Indebtedness. 59 Section 4.17 Payments for Consent. 59 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries. 59 Section 4.19 Maintenance of Total Unencumbered Assets. 60 Section 4.20 Changes in Covenants when Notes Rated Investment Grade. 60 ARTICLE 544 Page

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. Definitions 1 Section 1.02 Other Definitions. 22 Definitions 41 Section 1.03 Incorporation by Reference Rules of Trust Indenture Act. 22 Construction 42 Section 1.04 Rules of Construction. 23 Luxembourg terms 43 ARTICLE 2 THE NOTES Section 2.01 Form and Dating. 23 Dating 44 Section 2.02 Execution and Authentication. 24 Authentication 44 Section 2.03 Registrar and Paying Agent. 24 Agent 45 Section 2.04 Paying Agent to Hold Money in Trust. 24 Trust 45 Section 2.05 Holder Lists. 25 Lists 46 Section 2.06 Transfer and Exchange. 25 Exchange 46 Section 2.07 Replacement Notes. 37 Notes 58 Section 2.08 Outstanding Notes. 37 Notes 58 Section 2.09 Treasury Notes. 38 Notes 58 Section 2.10 Temporary Notes. 38 Notes 58 Section 2.11 Cancellation. 38 Cancellation 59 Section 2.12 Defaulted Interest. 38 Interest 59 Section 2.13 CUSIP Numbers 59 ARTICLE 3 REDEMPTION AND PREPAYMENT Section 3.01 Notices to Trustee. 38 Trustee 59 Section 3.02 Selection of Notes to Be Redeemed or Purchased. 39 Purchased 60 Section 3.03 Notice of Redemption. 39 Redemption 60 Section 3.04 Effect of Notice of Redemption. 40 Redemption 61 Section 3.05 Deposit of Redemption or Purchase Price. 40 Price 61 Section 3.06 Notes Redeemed or Purchased in Part. 40 Part 62 Section 3.07 Optional Redemption. 41 Redemption 62 Section 3.08 Mandatory Redemption. 41 Redemption 63 Section 3.09 Offer to Purchase Repurchase by Application of Excess Proceeds. 42 Proceeds of Asset Sales 63 ARTICLE 4 COVENANTS Section 4.01 Payment of Notes. 43 Notes 65 Section 4.02 Maintenance of Office or Agency. 44 Agency 65 Section 4.03 Reports. 44 Reports 65 Section 4.04 Compliance Certificate. 45 Certificate 67 Section 4.05 Taxes. 46 Taxes 68 Section 4.06 Stay, Extension and Usury Laws. 46 Laws 68 Section 4.07 Restricted Payments. 46 Payments 68 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 49 Subsidiaries 73 Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock. 51 Stock 75 Section 4.10 Asset Sales. 54 Sales 80 Section 4.11 Transactions with Affiliates. 56 Affiliates 83 Section 4.12 [Intentionally Omitted] 57 Liens 85 Section 4.13 Business Activities. 57 Corporate Existence 85 Section 4.14 Corporate Existence. 57 Section 4.15 Offer to Repurchase Upon Change of Control. 57 Control 86 Section 4.15 Limited Condition Transactions 87 Section 4.16 Limitation on Issuances of Additional Note Guarantees of Indebtedness. 59 87 Section 4.17 Payments for Consent. 59 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries. 59 Subsidiaries 88 Section 4.19 Maintenance of Total Unencumbered Assets. 60 Section 4.20 4.18 Changes in Covenants when Notes are Rated Investment Grade. 60 Grade 89 Section 4.19 After-Acquired Collateral 90 Section 4.20 Further Assurances 91 Section 4.21 Post-Closing Covenants 91 ARTICLE 5

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. Definitions 1 Section 1.02 Other Definitions. 22 Definitions 32 Section 1.03 Incorporation by Reference of Trust Indenture Act. 22 Act 33 Section 1.04 Rules of Construction. 23 Construction 33 ARTICLE 2 THE NOTES Section 2.01 Form and Dating. 23 Dating 34 Section 2.02 Execution and Authentication. 24 Authentication 34 Section 2.03 Registrar and Paying Agent. 24 Agent 35 Section 2.04 Paying Agent to Hold Money in Trust. 24 Trust 35 Section 2.05 Holder Lists. 25 Lists 35 Section 2.06 Transfer and Exchange. 25 Exchange 36 Section 2.07 Replacement Notes. 37 Notes 47 Section 2.08 Outstanding Notes. 37 Notes 48 Section 2.09 Treasury Notes. 38 Notes 48 Section 2.10 Temporary Notes. 38 Notes 48 Section 2.11 Cancellation. 38 Cancellation 49 Section 2.12 Defaulted Interest. 38 Interest 49 Section 2.13 Issuance of Additional Notes 49 Section 2.14 Record Date 49 ARTICLE 3 REDEMPTION AND PREPAYMENT Section 3.01 Notices to Trustee. 38 Trustee 50 Section 3.02 Selection of Notes to Be Redeemed or Purchased. 39 Purchased 50 Section 3.03 Notice of Redemption. 39 Redemption 50 Section 3.04 Effect of Notice of Redemption. 40 Redemption 51 Section 3.05 Deposit of Redemption or Purchase Price. 40 Price 51 Section 3.06 Notes Redeemed or Purchased in Part. 40 Part 52 Section 3.07 Optional Redemption. 41 Redemption 52 Section 3.08 Mandatory Redemption. 41 Redemption 53 Section 3.09 Offer to Purchase by Application of Excess Proceeds. 42 Proceeds 53 ARTICLE 4 COVENANTS Section 4.01 Payment of Notes. 43 Notes 55 Section 4.02 Maintenance of Office or Agency. 44 Agency 55 Section 4.03 Reports. 44 Reports 55 Section 4.04 Compliance Certificate. 45 Certificate 57 Section 4.05 Taxes. 46 Taxes 57 Section 4.06 Stay, Extension and Usury Laws. 46 Laws 57 Section 4.07 Restricted Payments. 46 Payments 58 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 49 Subsidiaries 61 Page Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock. 51 Stock 63 Section 4.10 Asset Sales. 54 Sales 67 Section 4.11 Transactions with Affiliates. 56 Affiliates 69 Section 4.12 [Intentionally Omitted] 57 Liens 70 Section 4.13 Business Activities. 57 Activities 71 Section 4.14 Corporate Existence. 57 Existence 71 Section 4.15 Offer to Repurchase Upon Change of Control. 57 Control 71 Section 4.16 Limitation on Issuances of Guarantees of Indebtedness. 59 Sale and Leaseback Transactions 73 Section 4.17 Payments for Consent. 59 Consent 73 Section 4.18 Additional Note Guarantees 73 Section 4.19 Designation of Restricted and Unrestricted Subsidiaries. 59 Section 4.19 Maintenance of Total Unencumbered Assets. 60 Section 4.20 Changes in Covenants when Notes Rated Investment Grade. 60 Subsidiaries 74 ARTICLE 5

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. 1 Definitions 6 Section 1.02 Other Definitions. 22 Definitions 21 Section 1.03 Incorporation by Reference of Trust Indenture Act. 22 Act 21 Section 1.04 Rules of Construction. 23 Construction 22 ARTICLE 2 THE NOTES Section 2.01 Form and Dating. 23 Dating 22 Section 2.02 Execution and Authentication. 24 Authentication 23 Section 2.03 Registrar and Paying Agent. 24 Agent 23 Section 2.04 Paying Agent to Hold Money in Trust. Trust 24 Section 2.05 Holder Lists. 25 Lists 24 Section 2.06 Transfer and Exchange. 25 Exchange 24 Section 2.07 Replacement Notes. 37 Notes 34 Section 2.08 Outstanding Notes. 37 Notes 35 Section 2.09 Treasury Notes. 38 Notes 35 Section 2.10 Temporary Notes. 38 Notes 35 Section 2.11 Cancellation. 38 Cancellation 35 Section 2.12 Defaulted Interest. 38 Interest 36 ARTICLE 3 REDEMPTION AND PREPAYMENT Section 3.01 Notices to Trustee. 38 Trustee 36 Section 3.02 Selection of Notes to Be Redeemed or Purchased. 39 Purchased 36 Section 3.03 Notice of Redemption. 39 Redemption 36 Section 3.04 Effect of Notice of Redemption. 40 Redemption 37 Section 3.05 Deposit of Redemption or Purchase Price. 40 Price 37 Section 3.06 Notes Redeemed or Purchased in Part. 40 Part 38 Section 3.07 Optional Redemption. 41 Redemption 38 Section 3.08 Mandatory Redemption. 41 Disposition Pursuant to Gaming Laws 39 Section 3.09 Offer to Purchase by Application of Excess Proceeds. 42 Mandatory Redemption 40 ARTICLE 4 COVENANTS Section 4.01 Payment of Notes. 43 Notes 41 Section 4.02 Maintenance of Office or Agency. 44 Agency 41 Section 4.03 Reports. 44 Reports 41 Section 4.04 Compliance Certificate. 45 Certificate 42 Section 4.05 Taxes. 46 Taxes 42 Section 4.06 Stay, Extension and Usury Laws. 46 Laws 43 Section 4.07 Restricted Payments. 46 Payments 43 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 49 Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock. 51 Stock 45 Section 4.09 Transactions with Affiliates 47 Section 4.10 Asset Sales. 54 Liens 49 Section 4.11 Transactions with Affiliates. 56 Corporate Existence 50 Section 4.12 [Intentionally Omitted] 57 Section 4.13 Business Activities. 57 Section 4.14 Corporate Existence. 57 Section 4.15 Offer to Repurchase Upon Change of Control. 57 Control 50 Section 4.16 Limitation on Issuances of Guarantees of Indebtedness. 59 Section 4.17 Payments for Consent. 59 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries. 59 Section 4.19 4.13 Maintenance of Total Unencumbered Assets. 60 Section 4.20 Changes in Covenants when Notes Rated Investment Grade. 60 ARTICLE 5Interest Coverage 51

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. Definitions 1 Section 1.02 Other Definitions. 22 Definitions 43 Section 1.03 Incorporation by Reference of Trust Indenture Act. 22 Act 43 Section 1.04 Rules of Construction. 23 Construction 44 ARTICLE 2 THE NOTES Section 2.01 Form and Dating. 23 Dating 44 Section 2.02 Execution and Authentication. 24 Authentication 45 Section 2.03 Registrar and Paying Agent. 24 Agent 45 Section 2.04 Paying Agent to Hold Money in Trust. 24 Trust 46 Section 2.05 Holder Lists. 25 Lists 46 Section 2.06 Transfer and Exchange. 25 Exchange 46 Section 2.07 Replacement Notes. 37 Notes 58 Section 2.08 Outstanding Notes. 37 Notes 58 Section 2.09 Treasury Notes. 38 Notes 59 Section 2.10 Temporary Notes. 38 Notes 59 Section 2.11 Cancellation. 38 Cancellation 59 Section 2.12 Defaulted Interest. 38 Interest 59 ARTICLE 3 REDEMPTION AND PREPAYMENT Section 3.01 Notices to Trustee. 38 Trustee 59 Section 3.02 Selection of Notes to Be Redeemed or Purchased. 39 Purchased 60 Section 3.03 Notice of Redemption. 39 Redemption 60 Section 3.04 Effect of Notice of Redemption. 40 Redemption 61 Section 3.05 Deposit of Redemption or Purchase Price. 40 Price 61 Section 3.06 Notes Redeemed or Purchased in Part. 40 Part 62 Section 3.07 Optional Redemption. 41 Redemption 62 Section 3.08 Mandatory Redemption. 41 Section 3.09 Offer to Purchase by Application of Excess Proceeds. 42 Redemption 63 ARTICLE 4 COVENANTS Section 4.01 Payment of Notes. 43 Notes 64 Section 4.02 Maintenance of Office or Agency. 44 Agency 64 Section 4.03 Reports. 44 SEC Reports 64 Section 4.04 Compliance Certificate. 45 Certificate 65 Section 4.05 Taxes. 46 [Intentionally Omitted] 65 Section 4.06 Stay, Extension and Usury Laws. 46 Laws 65 Section 4.07 Limitation on Restricted Payments. 46 Payments 66 Section 4.08 Dividend and Other Payment Limitation on Restrictions Affecting on Distributions from Restricted Subsidiaries. 49 Subsidiaries 70 Section 4.09 Incurrence of Limitation on Indebtedness and Issuance of Preferred Stock. 51 72 Section 4.10 Asset Sales. 54 Limitation on Sales of Assets and Subsidiary Stock 75 Section 4.11 Limitation on Transactions with Affiliates. 56 Affiliates 80 Section 4.12 [Intentionally Omitted] 57 Limitation on Liens 82 Section 4.13 Business Activities. 57 Activities 82 Section 4.14 Corporate Existence. 57 Existence 82 Section 4.15 Offer to Repurchase Upon Change of Control. 57 Control 82 Section 4.16 [Intentionally Omitted] 85 Section 4.17 Limitation on Issuances the Sale or Issuance of Guarantees Preferred Stock of Indebtedness. 59 Section 4.17 Payments for Consent. 59 Restricted Subsidiaries 85 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries. 59 Future Subsidiary Guarantors 85 Section 4.19 Maintenance of Total Unencumbered Assets. 60 Section 4.20 Changes in Covenants when Notes Rated Investment Grade. 60 Further Assurances; Insurance 85 ARTICLE 5

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. Definitions 1 Section 1.02 Other Definitions. 22 Definitions 39 Section 1.03 Incorporation by Reference of Trust Indenture Act. 22 Act 39 Section 1.04 Rules of Construction. 23 Construction 40 ARTICLE 2 THE NOTES Section 2.01 Form and Dating. 23 Dating 40 Section 2.02 Execution and Authentication. 24 Authentication 41 Section 2.03 Registrar and Paying Agent. 24 Agent 42 Section 2.04 Paying Agent to Hold Money in Trust. 24 Trust 42 Section 2.05 Holder Lists. 25 Lists 42 Section 2.06 Transfer and Exchange. 25 Exchange 43 Section 2.07 Replacement Notes. 37 Notes 55 Section 2.08 Outstanding Notes. 37 Notes 55 Section 2.09 Treasury Notes. 38 Notes 55 Section 2.10 Temporary Notes. 38 Notes 56 Section 2.11 Cancellation. 38 Cancellation 56 Section 2.12 Defaulted Interest. 38 Interest 56 Section 2.13 Issuance of Additional Notes 56 Section 2.14 Method of Submission 57 Section 2.15 Trustee’s Duty to Monitor 57 ARTICLE 3 REDEMPTION AND PREPAYMENT Section 3.01 Notices to Trustee. 38 Trustee 57 Section 3.02 Selection of Notes to Be Redeemed or Purchased. 39 Purchased 57 Section 3.03 Notice of Redemption. 39 Redemption 58 Section 3.04 Effect of Notice of Redemption. 40 Redemption 59 Section 3.05 Deposit of Redemption or Purchase Price. 40 Price 59 Section 3.06 Notes Redeemed or Purchased in Part. 40 Part 59 Section 3.07 Optional Redemption. 41 Redemption 59 Section 3.08 Mandatory Redemption. 41 Redemption 60 Section 3.09 Offer to Purchase by Application of Excess Proceeds. 42 Gaming Redemption 60 ARTICLE 4 COVENANTS Section 4.01 Payment of Notes. 43 Notes 61 Section 4.02 Maintenance of Office or Agency. 44 Agency 61 Section 4.03 Reports. 44 Reports 62 Section 4.04 Compliance Certificate. 45 Certificate 63 Section 4.05 Taxes. 46 Section 4.06 Stay, Extension and Usury Laws. 46 Laws 63 Section 4.06 Restricted Payments 63 Section 4.07 Restricted Payments. 46 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 49 Subsidiaries 68 Page Section 4.09 4.08 Incurrence of Indebtedness and Issuance of Preferred Stock. 51 70 Section 4.09 Asset Sales 75 Section 4.10 Asset Sales. 54 Transactions with Affiliates 76 Section 4.11 Transactions with Affiliates. 56 Liens 79 Section 4.12 [Intentionally Omitted] 57 Corporate Existence 79 Section 4.13 Business Activities. 57 Section 4.14 Corporate Existence. 57 Section 4.15 Offer to Repurchase Upon Change of Control. 57 Control 79 Section 4.16 4.14 Limitation on Issuances of Guarantees by Subsidiary Guarantors 81 Section 4.15 Fall-Away Event 81 Section 4.16 Activities of Indebtedness. 59 Co-Issuer 81 Section 4.17 Payments for Consent. 59 Initial Master Lease 81 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries. 59 Section 4.19 Maintenance of Total Unencumbered Assets. 60 Section 4.20 Changes in Covenants when Notes Rated Investment Grade. 60 Further Assurances 82 ARTICLE 5

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. Definitions 1 Section 1.02 Other Definitions. 22 Definitions 52 Section 1.03 Incorporation by Reference of Trust Indenture Act. 22 Act 53 Section 1.04 Rules of Construction. 23 Construction 53 Section 1.05 Divisions 54 ARTICLE 2 THE NOTES Section 2.01 Form and Dating. 23 Dating 54 Section 2.02 Execution and Authentication. 24 Authentication 55 Section 2.03 Registrar and Paying Agent. 24 Agent 55 Section 2.04 Paying Agent to Hold Money in Trust. 24 Trust 56 Section 2.05 Holder Lists. 25 Lists 56 Section 2.06 Transfer and Exchange. 25 Exchange 56 Section 2.07 Replacement Notes. 37 Notes 68 Section 2.08 Outstanding Notes. 37 Notes 68 Section 2.09 Treasury Notes. 38 Notes 69 Section 2.10 Temporary Notes. 38 Notes 69 Section 2.11 Cancellation. 38 Cancellation 69 Section 2.12 Defaulted Interest. 38 Interest 70 Section 2.13 Issuance of Additional Notes 70 Section 2.14 Method of Submission 70 Section 2.15 Trustee’s Duty to Monitor 70 ARTICLE 3 REDEMPTION AND PREPAYMENT Section 3.01 Notices to Trustee. 38 Trustee 71 Section 3.02 Selection of Notes to Be Redeemed or Purchased. 39 Purchased 71 Section 3.03 Notice of Redemption. 39 Redemption 72 Section 3.04 Effect of Notice of Redemption. 40 Redemption 73 Section 3.05 Deposit of Redemption or Purchase Price. 40 Price 73 Section 3.06 Notes Redeemed or Purchased in Part. 40 Part 74 Section 3.07 Optional Redemption. 41 Redemption 74 Section 3.08 Mandatory Redemption. 41 Section 3.09 Offer to Purchase by Application of Excess Proceeds. 42 Redemption 75 ARTICLE 4 COVENANTS Section 4.01 Payment of Notes. 43 Notes 76 Section 4.02 Maintenance of Office or Agency. 44 Agency 76 Section 4.03 Reports. 44 Reports 77 Section 4.04 Compliance Certificate. 45 Certificate 77 Section 4.05 Taxes. 46 Section 4.06 Stay, Extension and Usury Laws. 46 Laws 78 Section 4.06 Restricted Payments 78 Section 4.07 Restricted Payments. 46 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 49 Subsidiaries 85 Section 4.09 4.08 Incurrence of Indebtedness and Issuance of Preferred Stock. 51 88 Section 4.09 Asset Sales 95 Section 4.10 Asset Sales. 54 Transactions with Affiliates 99 Section 4.11 Transactions with Affiliates. 56 Liens 102 Section 4.12 [Intentionally Omitted] 57 Corporate Existence 103 Section 4.13 Business Activities. 57 Section 4.14 Corporate Existence. 57 Section 4.15 Offer to Repurchase Purchase Upon Change of Control. 57 Control Triggering Event 103 Section 4.16 4.14 Limitation on Issuances of Guarantees by Subsidiary Guarantors 105 Section 4.15 Suspension of Indebtedness. 59 Covenants 105 Section 4.17 Payments for Consent. 59 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries. 59 Section 4.19 4.16 Maintenance of Total Unencumbered AssetsAssets 107 Section 4.17 Future Guarantors 107 Section 4.18 Limited Condition Transactions 107 ARTICLE 5 SUCCESSORS Section 5.01 Consolidation, Merger and Sale of Assets 108 Section 5.02 Successor Corporation Substituted 108 ARTICLE 6 DEFAULTS AND REMEDIES Section 6.01 Events of Default 109 Section 6.02 Acceleration 111 Section 6.03 Other Remedies 113 Section 6.04 Waiver of Past Defaults 114 Section 6.05 Control by Majority 114 Section 6.06 Limitation on Suits 114 Section 6.07 Rights of Holders to Receive Payment 115 Section 6.08 Collection Suit by Trustee 115 Section 6.09 Trustee May File Proofs of Claim 115 Section 6.10 Priorities 116 Section 6.11 Undertaking for Costs 116 ARTICLE 7 TRUSTEE Section 7.01 Duties of Trustee 116 Section 7.02 Rights of Trustee 117 Section 7.03 Individual Rights of the Trustee 119 Section 7.04 Trustee’s Disclaimer 120 Section 7.05 Notice of Defaults 120 Section 7.06 Compensation and Indemnity 120 Section 7.07 Replacement of Trustee 121 Section 7.08 Successor Trustee by Merger, etc. 60 122 Section 4.20 Changes 7.09 Eligibility; Disqualification 122 Section 7.10 Preferential Collection of Claims Against Issuer 122 ARTICLE 8 LEGAL DEFEASANCE AND COVENANT DEFEASANCE Section 8.01 Option to Effect Legal Defeasance or Covenant Defeasance 123 Section 8.02 Legal Defeasance and Discharge 123 Section 8.03 Covenant Defeasance 123 Section 8.04 Conditions to Legal or Covenant Defeasance 124 Section 8.05 Deposited Money and Government Securities to be Held in Covenants when Trust; Other Miscellaneous Provisions 125 Section 8.06 Repayment to Issuer 126 Section 8.07 Reinstatement 126 ARTICLE 9 AMENDMENT, SUPPLEMENT AND WAIVER Section 9.01 Without Consent of Holders 126 Section 9.02 With Consent of Holders 128 Section 9.03 Revocation and Effect of Consents 130 Section 9.04 Notation on or Exchange of Notes Rated Investment Grade130 Section 9.05 Trustee to Sign Amendments, etc. 60 ARTICLE 5130

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. Definitions 1 Section 1.02 Other Definitions. 22 Definitions 31 Section 1.03 Incorporation by Reference of Trust Indenture Act. 22 Act 31 Section 1.04 Rules of Construction. 23 Construction 32 ARTICLE 2 THE NOTES Section 2.01 Form and Dating. 23 Dating 32 Section 2.02 Execution and Authentication. 24 Authentication 33 Section 2.03 Registrar and Paying Agent. 24 Agent 34 Section 2.04 Paying Agent to Hold Money in Trust. 24 Trust 34 Section 2.05 Holder Lists. 25 Lists 34 Section 2.06 Transfer and Exchange. 25 Exchange 35 Section 2.07 Replacement Notes. 37 Notes 47 Section 2.08 Outstanding Notes. 37 Notes 47 Section 2.09 Treasury Notes. 38 Notes 48 Section 2.10 Temporary Notes. 38 Notes 48 Section 2.11 Cancellation. 38 Cancellation 48 Section 2.12 Defaulted Interest. 38 Interest 48 Section 2.13 CUSIP Numbers 49 ARTICLE 3 REDEMPTION AND PREPAYMENT Section 3.01 Notices to Trustee. 38 Trustee 49 Section 3.02 Selection of Notes to Be Redeemed or Purchased. 39 Purchased 49 Section 3.03 Notice of Redemption. 39 Redemption 50 Section 3.04 Effect of Notice of Redemption. 40 Redemption 51 Section 3.05 Deposit of Redemption or Purchase Price. 40 Price 51 Section 3.06 Notes Redeemed or Purchased in Part. 40 Part 51 Section 3.07 Optional Redemption. 41 Redemption 51 Section 3.08 Mandatory Redemption. 41 Redemption 52 Section 3.09 Offer to Purchase by Application of Excess Proceeds. 42 Proceeds 52 ARTICLE 4 COVENANTS Section 4.01 Payment of Notes. 43 Notes 54 Section 4.02 Maintenance of Office or Agency. 44 Agency 55 Section 4.03 Reports. 44 Reports 55 Section 4.04 Compliance Certificate. 45 Certificate 56 Section 4.05 Taxes. 46 Taxes 56 Page Section 4.06 Stay, Extension and Usury Laws. 46 Laws 57 Section 4.07 Restricted Payments. 46 Payments 57 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 49 Subsidiaries 62 Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock. 51 Stock 64 Section 4.10 Asset Sales. 54 Sales 68 Section 4.11 Transactions with Affiliates. 56 Affiliates 71 Section 4.12 [Intentionally Omitted] 57 Liens 73 Section 4.13 Business Activities. 57 Corporate Existence 73 Section 4.14 Corporate Existence. 57 Section 4.15 Offer to Repurchase Upon Change of Control. 57 Control 73 Section 4.15 Payments for Consent 75 Section 4.16 Limitation on Issuances of Additional Note Guarantees of Indebtedness. 59 75 Section 4.17 Payments for Consent. 59 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries. 59 Subsidiaries 75 Section 4.18 [Reserved] 76 Section 4.19 Maintenance of Total Unencumbered Assets. 60 Section 4.20 Changes in Covenants when When Notes Rated Investment Grade. 60 Grade 76 ARTICLE 5

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. 1 Section 1.02 1.01. Definitions 1 Section 1.02. Other DefinitionsDefinitions 26 Section 1.03. 22 Section 1.03 Incorporation by Reference of Trust Indenture ActAct 26 Section 1.04. 22 Section 1.04 Rules of Construction. 23 Construction 26 ARTICLE 2 THE NOTES 27 Section 2.01 2.01. Form and DatingDating 27 Section 2.02. 23 Section 2.02 Execution and AuthenticationAuthentication 27 Section 2.03. 24 Section 2.03 Registrar and Paying AgentAgent 28 Section 2.04. 24 Section 2.04 Paying Agent to Hold Money in TrustTrust 28 Section 2.05. 24 Holder Lists 29 Section 2.05 Holder Lists2.06. 25 Section 2.06 Transfer and ExchangeExchange 29 Section 2.07. 25 Replacement Notes 29 Section 2.07 Replacement Notes2.08. 37 Outstanding Notes 29 Section 2.08 Outstanding Notes2.09. 37 Temporary Notes 30 Section 2.09 Treasury Notes2.10. 38 Cancellation 30 Section 2.10 Temporary Notes2.11. 38 Defaulted Interest 30 Section 2.11 Cancellation2.12. 38 CUSIP Numbers 30 Section 2.12 Defaulted Interest2.13. 38 Issuance of Additional Notes 31 ARTICLE 3 REDEMPTION AND PREPAYMENT 31 Section 3.01 3.01. Notices to TrusteeTrustee 31 Section 3.02. 38 Section 3.02 Selection of Notes to Be be Redeemed or Purchased31 Section 3.03. 39 Section 3.03 Notice of RedemptionRedemption 32 Section 3.04. 39 Section 3.04 Effect of Notice of RedemptionRedemption 33 Section 3.05. 40 Section 3.05 Deposit of Redemption or Purchase PricePrice 33 Section 3.06. 40 Section 3.06 Notes Redeemed or Purchased in PartPart 34 Section 3.07. 40 Optional Redemption 34 Section 3.07 Optional Redemption3.08. 41 Mandatory Redemption 35 Section 3.08 Mandatory Redemption3.09. 41 Section 3.09 Offer to Purchase by Application of Excess ProceedsProceeds 35 Section 3.10. 42 Purchase of Notes 37 ARTICLE 4 COVENANTS 37 Section 4.01 4.01. Payment of NotesNotes 37 Section 4.02. 43 Section 4.02 Maintenance of Office or AgencyAgency 37 Section 4.03. 44 Reports 38 Section 4.03 Reports4.04. 44 Compliance Certificate 39 Section 4.04 Compliance Certificate4.05. 45 Taxes 39 Section 4.05 Taxes4.06. 46 Section 4.06 Stay, Extension and Usury LawsLaws 39 Section 4.07. 46 Limitation on Restricted Payments 39 Section 4.07 Restricted Payments4.08. 46 Section 4.08 Limitation on Dividend and Other Payment Restrictions Affecting Restricted SubsidiariesSubsidiaries 43 Section 4.09. 49 Section 4.09 Limitation on Incurrence of Indebtedness and Issuance of Preferred StockStock 45 Section 4.10. Limitation on Asset Sales 48 Section 4.11. Limitation on Transactions with Affiliates 50 Section 4.12. Limitation on Liens 51 Section 4.10 Asset Sales4.13. 54 Additional Subsidiary Guarantees 51 Section 4.11 Transactions with Affiliates4.14. 56 Organizational Existence 52 Section 4.12 [Intentionally Omitted] 57 Section 4.13 Business Activities4.15. 57 Section 4.14 Corporate Existence. 57 Section 4.15 Offer to Repurchase Upon Change of ControlControl 52 Section 4.16. 57 No Inducements 55 Section 4.16 Limitation on Issuances of Guarantees of Indebtedness4.17. 59 Permitted Business Activities 55 Section 4.17 Payments for Consent4.18. 59 Sale and Leaseback Transactions 55 Section 4.18 4.19. Covenant Termination 56 Section 4.20. Designation of Restricted and Unrestricted SubsidiariesSubsidiaries 56 ARTICLE 5 SUCCESSORS 56 Section 5.01. Merger, Consolidation, or Sale of Assets 56 Section 5.02. Successor Substituted 58 ARTICLE 6 DEFAULTS AND REMEDIES 59 Section 4.19 Maintenance 6.01. Events of Total Unencumbered AssetsDefault 59 Section 6.02. 60 Acceleration 61 Section 4.20 Changes 6.03. Other Remedies 61 Section 6.04. Waiver of Past Defaults 61 Section 6.05. Control by Majority 62 Section 6.06. Limitation on Suits 62 Section 6.07. Rights of Holders of Notes to Receive Payment 62 Section 6.08. Collection Suit by Trustee 63 Section 6.09. Trustee May File Proofs of Claim 63 Section 6.10. Priorities 63 Section 6.11. Undertaking for Costs 64 ARTICLE 7 TRUSTEE 64 Section 7.01. Duties of Trustee 64 Section 7.02. Rights of Trustee 65 Section 7.03. Individual Rights of Trustee 66 Section 7.04. Trustee’s Disclaimer 66 Section 7.05. Notice of Defaults 66 Section 7.06. Reports by Trustee to Holders of the Notes 67 Section 7.07. Compensation and Indemnity 67 Section 7.08. Replacement of Trustee 68 Section 7.09. Successor Trustee by Merger, etc. 69 Section 7.10. Eligibility; Disqualification 69 Section 7.11. Preferential Collection of Claims Against Issuers 69 ARTICLE 8 LEGAL DEFEASANCE AND COVENANT DEFEASANCE 69 Section 8.01. Option to Effect Legal Defeasance or Covenant Defeasance 69 Section 8.02. Legal Defeasance and Discharge 70 Section 8.03. Covenant Defeasance 70 Section 8.04. Conditions to Legal or Covenant Defeasance 71 Section 8.05. Deposited Money and Government Securities to be Held in Covenants when Trust; Other Miscellaneous Provisions 72 Section 8.06. Repayment to Issuers 73 Section 8.07. Reinstatement 73 Section 8.08. Discharge 73 ARTICLE 9 AMENDMENT, SUPPLEMENT AND WAIVER 75 Section 9.01. Without Consent of Holders of Notes Rated Investment Grade75 Section 9.02. 60 With Consent of Holders of Notes 76 Section 9.03. Compliance with Trust Indenture Act 77 Section 9.04. Effect of Consents 77 Section 9.05. Notation on or Exchange of Notes 77 Section 9.06. Trustee to Sign Amendments, etc. 77 ARTICLE 510 GUARANTEES OF NOTES 78 Section 10.01. Guarantees 78 Section 10.02. Subsidiary Guarantors May Consolidate, etc., on Certain Terms 79 Section 10.03. Releases of Subsidiary Guarantees 79 Section 10.04. Limitation on Subsidiary Guarantor Liability 80 ARTICLE 11 MISCELLANEOUS 80 Section 11.01. Trust Indenture Act Controls 80 Section 11.02. Notices 80 Section 11.03. Communication by Holders of Notes with Other Holders of Notes 81 Section 11.04. Certificate and Opinion as to Conditions Precedent 82 Section 11.05. Statements Required in Certificate or Opinion 82 Section 11.06. Rules by Trustee and Agents 82 Section 11.07. No Personal Liability of Directors, Officers, Employees and Unitholders 82 Section 11.08. Business Days 83 Section 11.09. Governing Law 83 Section 11.10. No Adverse Interpretation of Other Agreements 83 Section 11.11. Successors 83 Section 11.12. Severability 83 Section 11.13. Table of Contents, Headings, etc. 83 Section 11.14. Counterparts 83 Section 11.15. Acts of Holders 84 Section 11.16. Patriot Act 85 APPENDIX AND ANNEX RULE 144A/REGULATION S APPENDIX App. - 1 EXHIBIT 1 Form of Initial Note ANNEX A Form of Supplemental Indenture Annex A-1 This Indenture, dated as June 17, 2013, is among Summit Midstream Holdings, LLC, a Delaware limited liability company (the “Company”), Summit Midstream Finance Corp., a Delaware corporation (“Finance Corp.” and, together with the Company, the “Issuers”), Summit Midstream Partners, LP, a Delaware limited partnership (the “Parent”), the subsidiary guarantors listed on the signature pages hereof (each, a “Subsidiary Guarantor,” collectively, the “Subsidiary Guarantors” and together with the Parent, the “Guarantors”) and U.S. Bank National Association, a national banking association, as trustee (the “Trustee”). The Issuers, the Guarantors and the Trustee agree as follows for the benefit of each other and for the equal and ratable benefit of the Holders of the Issuers’ Initial Notes, Exchange Notes and Additional Notes:

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. Definitions 1 Section 1.02 Other Definitions. 22 Definitions 10 Section 1.03 Incorporation by Reference of Trust Indenture Act. 22 Act 11 Section 1.04 Rules of ConstructionConstructio 11 ARTICLE 2. 23 ARTICLE 2 THE NOTES Section 2.01 Form and Dating. 23 12 Section 2.02 Execution and Authentication. 24 Authentication 13 Section 2.03 Registrar and Paying Agent. 24 Agen 14 Section 2.04 Paying Agent to Hold Money in Trust. 24 14 Section 2.05 Holder Lists. 25 Lists 14 Section 2.06 Transfer and Exchange. 25 Exchange 14 Section 2.07 Replacement Notes. 37 Note 27 Section 2.08 Outstanding Notes. 37 Notes 27 Section 2.09 Treasury Notes. 38 27 Section 2.10 Temporary Notes. 38 Notes 27 Section 2.11 Cancellation. 38 Cancellation 28 Section 2.12 Defaulted InterestInterest 28 Section 2.13 Additional Amounts 28 ARTICLE 3. 38 REDEMPTION AND PREPAYMENT Section 3.01 Notices to Trustee. 38 Trustee 31 Section 3.02 Selection of Notes to Be Redeemed or Purchased. 39 Purchased 31 Section 3.03 Notice of Redemption. 39 Redemption 31 Section 3.04 Effect of Notice of Redemption. 40 Redemption 32 Section 3.05 Deposit of Redemption or Purchase Price. 40 Price 32 Section 3.06 Notes Redeemed or Purchased in Part. 40 Part 33 Section 3.07 Optional Redemption. 41 Redemption 33 Section 3.08 Mandatory Redemption. 41 Redemption 34 Section 3.09 Offer to Purchase by Application of Excess ProceedsRedemption for Taxation Reasons 34 ARTICLE 4. 42 ARTICLE 4 COVENANTS Section 4.01 Payment of Notes. 43 Notes 35 Section 4.02 Maintenance of Office or Agency. 44 Agency 35 Section 4.03 Reports. 44 Reports 36 Section 4.04 Compliance Certificate. 45 Certificate 36 Section 4.05 Taxes. 46 Taxes 36 Section 4.06 Stay, Extension and Usury Laws. 46 Laws 37 Section 4.07 Restricted Payments. 46 Corporate Existence 37 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 49 Limitation on Secured Debt 37 Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock. 51 Section 4.10 Asset Sales. 54 Section 4.11 Transactions with Affiliates. 56 Section 4.12 [Intentionally Omitted] 57 Section 4.13 Business Activities. 57 Section 4.14 Corporate Existence. 57 Section 4.15 Offer to Repurchase Purchase Upon Change of Control. 57 Control Triggering Event 38 Page Section 4.16 4.10 Limitation on Issuances of Guarantees of Indebtedness. 59 Sale and Lease-back Transactions 39 Section 4.17 Payments for Consent. 59 4.11 Exempted Indebtedness 40 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries. 59 Section 4.19 Maintenance of Total Unencumbered Assets. 60 Section 4.20 Changes in Covenants when Notes Rated Investment Grade. 60 4.12 Classification 40 ARTICLE 5.

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. Definitions 1 Section 1.02 Other Definitions. 22 Definitions 10 Section 1.03 Incorporation by Reference of Trust Indenture Act. 22 [Reserved] 10 Section 1.04 Rules of Construction. 23 Construction 10 ARTICLE 2 THE ISSUE, DESCRIPTION, EXECUTION, REGISTRATION AND EXCHANGE OF NOTES Section 2.01 Form Designation Amount and Dating. 23 Issue of Notes 11 Section 2.02 Execution and Authentication. 24 Form of Notes 11 Section 2.03 Registrar Date and Paying Agent. 24 Denomination of Notes; Payments of Interest 12 Section 2.04 Paying Agent to Hold Money in Trust. 24 Execution of Notes 13 Section 2.05 Holder Lists. 25 Registrar, Paying Agents and Transfer Agents 14 Section 2.06 Transfer and Exchange. 25 Exchange 14 Section 2.07 Replacement Notes. 37 Mutilated, Destroyed, Lost or Stolen Notes 21 Section 2.08 Outstanding Notes. 37 Temporary Notes 21 Section 2.09 Treasury Notes. 38 Cancellation of Notes 22 Section 2.10 Temporary Notes. 38 Common Code and ISIN Number 22 Section 2.11 Cancellation. 38 Issuance of Additional Notes 22 Section 2.12 Defaulted Interest. 38 New Safekeeping Structure 22 Section 2.13 Election of Common Safekeeper 23 Section 2.14 Authority to Authenticate and Effectuate 23 ARTICLE 3 REDEMPTION AND PREPAYMENT OF NOTES Section 3.01 Notices to Trustee. 38 Optional Redemption of Notes 23 Section 3.02 Selection of Notes to Be Redeemed or Purchased. 39 Redemption upon Changes in Withholding Tax 23 Section 3.03 Notice of Optional Redemption. 39 , Selection of Notes 24 Section 3.04 Effect Payment of Notice of Redemption. 40 Notes Called for Redemption by the Issuer 25 Section 3.05 Deposit of Redemption or Purchase Price. 40 Section 3.06 Notes Redeemed or Purchased in Part. 40 Section 3.07 Optional Redemption. 41 Section 3.08 Mandatory Redemption. 41 Section 3.09 Offer to Purchase by Application of Excess Proceeds. 42 Sinking Fund 26 ARTICLE 4 PARTICULAR COVENANTS OF THE COMPANY Section 4.01 Payment of Notes. 43 Notes 26 Section 4.02 Maintenance of Office or Agency. 44 Agency 26 Section 4.03 Reports. 44 Appointments to Fill Vacancies in Trustee’s Office 27 Section 4.04 Compliance Certificate. 45 Provisions as to the Agents 27 Section 4.05 Taxes. 46 Existence 28 Section 4.06 Reports 28 Section 4.07 Stay, Extension and Usury Laws. 46 Section 4.07 Restricted Payments. 46 Laws 29 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 49 Compliance Certificate 29 Section 4.09 Taxes 29 Section 4.10 Limitations on Incurrence of Indebtedness and Issuance of Preferred Stock. 51 Section 4.10 Asset Sales. 54 29 Section 4.11 Transactions with Affiliates. 56 Maintenance of Properties 30 Section 4.12 [Intentionally Omitted] 57 Insurance 31 Section 4.13 Business Activities. 57 Maintenance of Listing 31 Section 4.14 Corporate Existence. 57 Payment of Additional Amounts 31 Section 4.15 Offer to Repurchase Upon Change of Control. 57 Section 4.16 Limitation on Issuances of Guarantees of Indebtedness. 59 Section 4.17 Payments Officers’ Certificate for Consent. 59 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries. 59 Section 4.19 Maintenance of Total Unencumbered Assets. 60 Section 4.20 Changes in Covenants when Notes Rated Investment Grade. 60 ARTICLE 5Additional Amounts 33

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. Definitions 1 Section 1.02 Other Definitions. 22 Definitions 23 Section 1.03 Incorporation by Reference of Trust Indenture Act. 22 Act 24 Section 1.04 Rules of Construction. 23 Construction 24 ARTICLE 2 THE NOTES Section 2.01 Form and Dating. 23 Dating 25 Section 2.02 Execution and Authentication. 24 Authentication 25 Section 2.03 Registrar and Paying Agent. 24 Agent 26 Section 2.04 Paying Agent to Hold Money in Trust. 24 Trust 26 Section 2.05 Holder Lists. 25 Lists 26 Section 2.06 Transfer and Exchange. 25 Exchange 26 Section 2.07 Replacement Notes. 37 Notes 36 Section 2.08 Outstanding Notes. 37 Notes 36 Section 2.09 Treasury Notes. 38 Notes 37 Section 2.10 Temporary Notes. 38 Notes 37 Section 2.11 Cancellation. 38 Cancellation 37 Section 2.12 Defaulted Interest. Interest 37 Section 2.13 Issuance of Additional Notes 38 ARTICLE 3 REDEMPTION AND PREPAYMENT Section 3.01 Notices to Trustee. Trustee 38 Section 3.02 Selection of Notes to To Be Redeemed or Purchased. 39 Purchased 38 Section 3.03 Notice of Redemption. Redemption 39 Section 3.04 Effect of Notice of Redemption. Redemption 40 Section 3.05 Deposit of Redemption or Purchase Price. Price 40 Section 3.06 Notes Redeemed or Purchased in Part. Part 40 Section 3.07 Optional Redemption. 41 Redemption 40 Section 3.08 Mandatory Redemption. Redemption 41 Section 3.09 Offer to Purchase by Application of Excess Proceeds. 42 Proceeds 41 ARTICLE 4 COVENANTS Section 4.01 Payment of Notes. Notes 43 Section 4.02 Maintenance of Office or Agency. 44 Agency 43 Section 4.03 Reports. 44 Reports 43 Section 4.04 Compliance Certificate. 45 Certificate 44 Section 4.05 Taxes. 46 Taxes 44 Section 4.06 Stay, Extension and Usury Laws. 46 Laws 44 Section 4.07 Restricted Payments. 46 Payments 45 Page Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 49 Subsidiaries 48 Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock. 51 Disqualified Equity 49 Section 4.10 Asset Sales. 54 Sales 52 Section 4.11 Transactions with Affiliates. 56 Affiliates 54 Section 4.12 [Intentionally Omitted] 57 Liens 55 Section 4.13 Business Activities. 57 Limitations on Finance Corp. Activities 56 Section 4.14 Corporate Existence. 57 Existence 56 Section 4.15 Offer to Repurchase Upon Change of Control. 57 Control 56 Section 4.16 Limitation on Issuances of Guarantees of Indebtedness. 59 Additional Guarantors 58 Section 4.17 Payments for Consent. 59 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries. 59 Subsidiaries 58 Section 4.19 Maintenance of Total Unencumbered Assets. 60 Section 4.20 Changes in Covenants when Notes Rated Investment Grade. 60 4.18 Covenant Termination 58 ARTICLE 5

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. 1 Definitions 4 Section 1.02 Other Definitions. 22 Definitions 33 Section 1.03 Incorporation by Reference of Trust Indenture Act. 22 Act 34 Section 1.04 Rules of Construction. 23 Construction 34 ARTICLE 2 THE NOTES Section 2.01 Form and Dating. 23 Dating 35 Section 2.02 Execution and Authentication. 24 Authentication 35 Section 2.03 Registrar and Paying Agent. 24 Agent 36 Section 2.04 Paying Agent to Hold Money in Trust. 24 Trust 36 Section 2.05 Holder Lists. 25 Lists 37 Section 2.06 Transfer and Exchange. 25 Exchange 37 Section 2.07 Replacement Notes. 37 Notes 49 Section 2.08 Outstanding Notes. 37 Notes 49 Section 2.09 Treasury Notes. 38 Notes 49 Section 2.10 Temporary Notes. 38 Notes 50 Section 2.11 Cancellation. 38 Cancellation 50 Section 2.12 Defaulted Interest. 38 Interest 50 ARTICLE 3 REDEMPTION AND PREPAYMENT Section 3.01 Notices to Trustee. 38 Trustee 50 Section 3.02 Selection of Notes to Be Redeemed or Purchased. 39 Purchased 51 Section 3.03 Notice of Redemption. 39 Redemption 51 Section 3.04 Effect of Notice of Redemption. 40 Redemption 52 Section 3.05 Deposit of Redemption or Purchase Price. 40 Price 52 Section 3.06 Notes Redeemed or Purchased in Part. 40 Part 53 Section 3.07 Optional Redemption. 41 Redemption 53 Section 3.08 Mandatory Redemption. 41 ; Open Market Purchases 54 Section 3.09 Offer to Purchase by Application of Excess Proceeds. 42 Proceeds 54 ARTICLE 4 COVENANTS Section 4.01 Payment of Notes. 43 Notes 56 Section 4.02 Maintenance of Office or Agency. 44 Agency 56 Section 4.03 Reports. 44 Reports 56 Section 4.04 Compliance Certificate. 45 Certificate 58 Section 4.05 Taxes. 46 Taxes 58 Section 4.06 Stay, Extension and Usury Laws. 46 Laws 58 Section 4.07 Restricted Payments. 46 Payments 59 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 49 Subsidiaries 63 Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock. 51 Stock 65 Section 4.10 Asset Sales. 54 Sales 69 Section 4.11 Transactions with Affiliates. 56 Affiliates 72 Section 4.12 [Intentionally Omitted] 57 Liens 74 Section 4.13 Business Activities. 57 Corporate Existence 74 Section 4.14 Corporate Existence. 57 Section 4.15 Offer to Repurchase Upon Change of Control. 57 Control 74 Section 4.15 Additional Note Guarantees 76 Section 4.16 Limitation on Issuances of Guarantees of Indebtedness. 59 Section 4.17 Payments for Consent. 59 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries. 59 Subsidiaries 77 Section 4.19 Maintenance of Total Unencumbered Assets. 60 Section 4.20 4.17 Changes in Covenants when When Notes Are Rated Investment Grade. 60 Grade 77 ARTICLE 5

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. Definitions 1 Section 1.02 Other Definitions. 22 Definitions 26 Section 1.03 Incorporation by Reference of Trust Indenture Act. 22 Act 26 Section 1.04 Rules of Construction. 23 Construction 27 ARTICLE 2 THE NOTES Section 2.01 Form and Dating. 23 Dating 27 Section 2.02 Execution and Authentication. 24 Authentication 28 Section 2.03 Registrar and Paying Agent. 24 Agent 28 Section 2.04 Paying Agent to Hold Money in Trust. 24 Trust 29 Section 2.05 Holder Lists. 25 Lists 29 Section 2.06 Transfer and Exchange. 25 Exchange 29 Section 2.07 Replacement Notes. 37 Notes 41 Section 2.08 Outstanding Notes. 37 Notes 41 Section 2.09 Treasury Notes. 38 Notes 42 Section 2.10 Temporary Notes. 38 Notes 42 Section 2.11 Cancellation. 38 Cancellation 42 Section 2.12 Defaulted Interest. 38 Interest 42 Section 2.13 Issuance of Additional Notes 43 Section 2.14 CUSIP Numbers 43 ARTICLE 3 REDEMPTION AND PREPAYMENT Section 3.01 Notices to Trustee. 38 Trustee 43 Section 3.02 Selection of Notes to Be Redeemed or Purchased. 39 43 Section 3.03 Notice of Redemption. 39 Redemption 44 Section 3.04 Effect of Notice of Redemption. 40 Redemption 45 Section 3.05 Deposit of Redemption or Purchase Price. 40 Price 45 Section 3.06 Notes Redeemed or Purchased in Part. 40 Part 45 Section 3.07 Optional Redemption. 41 Redemption 45 Section 3.08 Mandatory Redemption. 41 Redemption 46 Section 3.09 Offer to Purchase by Application of Excess Proceeds. 42 Proceeds 46 Section 3.10 Purchase of Notes 48 ARTICLE 4 COVENANTS Section 4.01 Payment of Notes. 43 Notes 48 Section 4.02 Maintenance of Office or Agency. 44 Agency 49 Section 4.03 Reports. 44 Reports 49 Section 4.04 Compliance Certificate. 45 Certificate 50 Section 4.05 Taxes. 46 Taxes 51 Section 4.06 Stay, Extension and Usury Laws. 46 Laws 51 Section 4.07 Restricted Payments. 46 Payments 51 Page Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 49 Subsidiaries 55 Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock. 51 Stock 57 Section 4.10 Asset Sales. 54 Sales 61 Section 4.11 Transactions with Affiliates. 56 Affiliates 63 Section 4.12 [Intentionally Omitted] 57 Liens 65 Section 4.13 Business Activities. 57 Activities 65 Section 4.14 Corporate Existence. 57 Existence 65 Section 4.15 Offer to Repurchase Upon Change of Control. 57 Control 65 Section 4.16 Limitation on Issuances of Guarantees of Indebtedness. 59 Payments for Consent 67 Section 4.17 Payments for Consent. 59 Additional Note Guarantees 68 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries. 59 Subsidiaries 68 Section 4.19 Maintenance of Total Unencumbered Assets. 60 Section 4.20 Changes in Covenants when if Notes Rated Investment Grade. 60 Grade 69 ARTICLE 5

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. Definitions 1 Section 1.02 Other Definitions. 22 Definitions 27 Section 1.03 Incorporation by Reference of Trust Indenture Act. 22 Act 27 Section 1.04 Rules of Construction. 23 Construction 28 ARTICLE 2 THE NOTES Section 2.01 Form and Dating. 23 Dating 28 Section 2.02 Execution and Authentication. 24 Authentication 29 Section 2.03 Registrar and Paying Agent. 24 Agent 30 Section 2.04 Paying Agent to Hold Money in Trust. 24 Trust 30 Section 2.05 Holder Lists. 25 Lists 30 Section 2.06 Transfer and Exchange. 25 Exchange 30 Section 2.07 Replacement Notes. 37 Notes 41 Section 2.08 Outstanding Notes. 37 Notes 41 Section 2.09 Treasury Notes. 38 Notes 42 Section 2.10 Temporary Notes. 38 Notes 42 Section 2.11 Cancellation. 38 Cancellation 42 Section 2.12 Defaulted Interest. 38 Interest 42 Section 2.13 CUSIP Numbers 43 ARTICLE 3 REDEMPTION AND PREPAYMENT Section 3.01 Notices to Trustee. 38 Trustee 43 Section 3.02 Selection of Notes to Be Redeemed or Purchased. 39 Purchased 43 Section 3.03 Notice of Redemption. 39 Redemption 44 Section 3.04 Effect of Notice of Redemption. 40 Redemption 45 Section 3.05 Deposit of Redemption or Purchase Price. 40 Price 45 Section 3.06 Notes Redeemed or Purchased in Part. 40 Part 45 Section 3.07 Optional Redemption. 41 Redemption 45 Section 3.08 Mandatory Redemption. 41 ; Open Market Purchases 46 Section 3.09 Offer to Purchase by Application of Excess Proceeds. 42 Proceeds 46 ARTICLE 4 COVENANTS Section 4.01 Payment of Notes. 43 Notes 48 Section 4.02 Maintenance of Office or Agency. 44 Agency 48 Section 4.03 Reports. 44 Reports 49 Section 4.04 Compliance Certificate. 45 Certificate 50 Section 4.05 Taxes. 46 Taxes 51 Section 4.06 Stay, Extension and Usury Laws. 46 Laws 51 Section 4.07 Restricted Payments. 46 Payments 51 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 49 Subsidiaries 54 Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock. 51 Stock 55 Page Section 4.10 Asset Sales. 54 Sales 58 Section 4.11 Transactions with Affiliates. 56 Affiliates 59 Section 4.12 [Intentionally Omitted] 57 Liens 61 Section 4.13 Business Activities. 57 Activities 61 Section 4.14 Corporate Existence. 57 Existence 61 Section 4.15 Offer to Repurchase Upon Change of Control. 57 Control 61 Section 4.16 Limitation on Issuances of Additional Guarantees of Indebtedness. 59 63 Section 4.17 Payments for Consent. 59 Section 4.18 Designation of Restricted and Unrestricted Subsidiaries. 59 Subsidiaries 63 Section 4.18 Impairment of Security Interest 63 Section 4.19 Maintenance of Total Unencumbered Assets. 60 Post-Closing 64 Section 4.20 Changes in Covenants when Notes Rated Investment Grade. 60 Further Assurances 64 ARTICLE 5

DEFINITIONS AND INCORPORATION. BY REFERENCE Section 1.01 Definitions. Definitions 1 Section 1.02 Other Definitions. 22 Definitions 47 Section 1.03 Incorporation by Reference Inapplicability of Trust Indenture Act. 22 Act 48 Section 1.04 Rules of ConstructionConstruction 48 ARTICLE 2. 23 ARTICLE 2 THE NOTES Section 2.01 Form and Dating. 23 Dating 48 Section 2.02 Execution and Authentication. 24 Authentication 49 Section 2.03 Registrar and Paying Agent. 24 Agent 50 Section 2.04 Paying Agent to Hold Money in Trust. 24 Trust 50 Section 2.05 Holder Lists. 25 Lists 50 Section 2.06 Transfer and Exchange. 25 Exchange 50 Section 2.07 Replacement Notes. 37 Notes 63 Section 2.08 Outstanding Notes. 37 Notes 64 Section 2.09 Treasury Notes. 38 Notes 64 Section 2.10 Temporary Notes. 38 Notes 64 Section 2.11 Cancellation. 38 Cancellation 65 Section 2.12 Defaulted InterestInterest 65 Section 2.13 CUSIP or ISIN Numbers 65 ARTICLE 3. 38 REDEMPTION AND PREPAYMENT Section 3.01 Notices to Trustee. 38 Trustee 65 Section 3.02 Selection of Notes to Be Redeemed or Purchased. 39 Purchased 66 Section 3.03 Notice of Redemption. 39 Redemption 66 Section 3.04 Effect of Notice of Redemption. 40 Redemption 67 Section 3.05 Deposit of Redemption or Purchase Price. 40 Price 67 Section 3.06 Notes Redeemed or Purchased in Part. 40 Part 68 Section 3.07 Optional Redemption. 41 Redemption 68 Section 3.08 Mandatory Redemption. 41 Redemption 69 Section 3.09 Offer to Purchase by Application of Excess ProceedsProceeds 69 Section 3.10 Redemption for Changes in Taxes 71 ARTICLE 4. 42 ARTICLE 4 COVENANTS Section 4.01 Payment of Notes. 43 Notes 72 Section 4.02 Maintenance of Office or Agency. 44 Agency 72 Section 4.03 Reports. 44 Reports 73 Section 4.04 Compliance Certificate. 45 Certificate 74 Page Section 4.05 Taxes. 46 Taxes 74 Section 4.06 Stay, Extension and Usury Laws. 46 Laws 74 Section 4.07 Restricted Payments. 46 Payments 75 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 49 Subsidiaries 80 Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock. 51 Stock 82 Section 4.10 Asset Sales. 54 Sales 87 Section 4.11 Transactions with Affiliates. 56 Affiliates 89 Section 4.12 [Intentionally Omitted] 57 Liens 92 Section 4.13 Business Activities. 57 Corporate Existence 92 Section 4.14 Corporate Existence. 57 Section 4.15 Offer to Repurchase Upon Change of Control. 57 Control 92 Section 4.15 [Reserved] 94 Section 4.16 Limitation on Issuances of Guarantees of Indebtedness. 59 Sale Leaseback Transactions 94 Section 4.17 Payments for Consent. 59 Consent 95 Section 4.18 Additional Note Guarantees 95 Section 4.19 Designation of Restricted and Unrestricted SubsidiariesSubsidiaries 95 Section 4.20. 59 Fall Away Event 96 Section 4.19 Maintenance 4.21. Additional Amounts 98 Section 4.22. [Reserved] 101 Section 4.23 Creation and Perfection of Total Unencumbered Assets. 60 Section 4.20 Changes in Covenants when Notes Rated Investment Grade. 60 Certain Security Interests After the Issue Date 101 ARTICLE 5.