QUICKSILVER RESOURCES INC., THE SUBSIDIARY GUARANTORS PARTIES HERETO AND JPMORGAN CHASE BANK, NATIONAL ASSOCIATION as TRUSTEE SECOND SUPPLEMENTAL INDENTURE Dated as of July 31, 2006
Exhibit 4.5
THE SUBSIDIARY GUARANTORS PARTIES HERETO
AND
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
as TRUSTEE
as TRUSTEE
SECOND SUPPLEMENTAL INDENTURE
Dated as of July 31, 2006
This SECOND SUPPLEMENTAL INDENTURE, dated as of July 31, 2006 (this “Supplemental Indenture”),
among Cowtown Gas Processing Partners L.P., a Texas limited partnership (the “First Guaranteeing
Subsidiary”) and a subsidiary of Quicksilver Resources Inc., a Delaware corporation (the
“Company”), Cowtown Pipeline Partners L.P., a Texas limited partnership (the “Second Guaranteeing
Subsidiary” and, together with the First Guaranteeing Subsidiary, the “Guaranteeing Subsidiaries”)
and a subsidiary of the Company, the Company, the other Subsidiary Guarantors (as defined in the
Indenture referred to herein) and JPMorgan Chase Bank, National Association, as Trustee.
W I T N E S S E T H
WHEREAS, the Company and the Trustee entered into an Indenture (the “Original Indenture”),
dated as of December 22, 2005, as supplemented by a First Supplemental Indenture, dated as of March
16, 2006, among the Company, the Subsidiary Guarantors and the Trustee (the “First Supplemental
Indenture” and, together with the Original Indenture, the “Indenture”), pursuant to which the
Company has issued $350,000,000 of aggregate principal amount of 71/8% Senior Subordinated Notes due
2016 (the “Notes”); and
WHEREAS, Section 6.01(b) of the First Supplemental Indenture provides that the Company, the
Subsidiary Guarantors and the Trustee may amend or supplement the Indenture in order to add
Subsidiary Guarantees with respect to the Notes, without the consent of the Holders of the Notes;
and
WHEREAS, Section 3.11 of the First Supplemental Indenture provides that the Company may not
permit the conveyance, transfer or lease of all or substantially all of the assets of any
Subsidiary Guarantor (other than to another Subsidiary Guarantor) unless, among other things, the
Person to which such assets are transferred will expressly assume, by supplemental indenture, all
the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee; and
WHEREAS, Cowtown Gas Processing L.P., a Texas limited partnership and a Subsidiary Guarantor
(the “First Transferring Guarantor Subsidiary”), has transferred all or substantially all of its
assets to the First Guaranteeing Subsidiary, a Special Entity; and
WHEREAS, Cowtown Pipeline L.P., a Texas limited partnership and a Subsidiary Guarantor (the
“Second Transferring Guarantor Subsidiary”), has transferred all or substantially all of its assets
to the Second Guaranteeing Subsidiary, a Special Entity; and
WHEREAS, all acts and things prescribed by the Indenture, by law and by the Certificate of
Incorporation and the Bylaws (or comparable constituent documents) of the Company, the Subsidiary
Guarantors, the Guaranteeing Subsidiaries and the Trustee necessary to make this Supplemental
Indenture a valid instrument legally binding on the Guaranteeing Subsidiaries, the Company, the
Subsidiary Guarantors and the Trustee, in accordance with its terms, have been duly done and
performed;
NOW THEREFORE, to comply with the provisions of the Indenture, and in consideration of the
foregoing, the Guaranteeing Subsidiaries, the Company, the Subsidiary Guarantors and the Trustee
mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as
follows:
ARTICLE 1
Section 1.01. This Supplemental Indenture is supplemental to the Indenture and does and shall
be deemed to form a part of, and shall be construed in connection with and as part of, the
Indenture for any and all purposes.
Section 1.02. This Supplemental Indenture shall become effective immediately upon its
execution and delivery by the Guaranteeing Subsidiaries, the Company, the Subsidiary Guarantors and
the Trustee.
ARTICLE 2
Section 2.01. The First Guaranteeing Subsidiary hereby assumes all the obligations of the
First Transferring Guarantor Subsidiary under its Subsidiary Guarantee, and the Second Guaranteeing
Subsidiary hereby assumes all the obligations of the Second Transferring Guarantor Subsidiary under
its Subsidiary Guarantee. The obligations so assumed by each of the Guaranteeing Subsidiaries
shall be deemed for any and all purposes of the First Supplemental Indenture to constitute a
Subsidiary Guarantee of such Guaranteeing Subsidiary, and each of the Guaranteeing Subsidiaries
hereby agrees to be bound by the terms, conditions and other provisions of the Indenture with all
attendant rights, duties and obligations stated therein, on a joint and several basis with each
other and the Subsidiary Guarantors parties hereto and thereto, with the same force and effect as
if originally named as a Subsidiary Guarantor therein and as if such party executed the Indenture
on the date thereof.
ARTICLE 3
Section 3.01. Except as specifically modified herein, the Indenture and the Notes are in all
respects ratified and confirmed (mutatis mutandis) and shall remain in full force and effect in
accordance with their terms.
Section 3.02. All capitalized terms used but not defined herein shall have the same respective
meanings ascribed to them in the Indenture.
Section 3.03. Except as otherwise expressly provided herein, no duties, responsibilities or
liabilities are assumed, or shall be construed to be assumed, by the Trustee by reason of this
Supplemental Indenture. This Supplemental Indenture is executed and accepted by the Trustee
subject to all of the terms and conditions set forth in the Indenture with the same force and
effect as if those terms and conditions were repeated at length herein and made applicable to the
Trustee with respect hereto.
Section 3.04. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE
WITH, THE LAWS OF THE STATE OF NEW YORK.
Section 3.05. The parties may sign any number of copies of this Supplemental Indenture. Each
signed copy shall be an original, but all of them together represent the same agreement.
Section 3.06. The headings herein are inserted for convenience of reference only and are not
intended to be part of, or to affect the meaning or interpretation of, this Supplemental Indenture.
Section 3.07. The recitals hereto are statements only of the Company, the Subsidiary
Guarantors and the Guaranteeing Subsidiaries and shall not be considered statements of or
attributable to the Trustee.
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IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly
executed and attested, all as of the date first above written.
COWTOWN GAS PROCESSING PARTNERS L.P., |
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as Subsidiary Guarantor | ||||||||||
By: | COWTOWN GAS PROCESSING L.P., |
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its general partner | ||||||||||
By: | COWTOWN PIPELINE MANAGEMENT, INC., |
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its general partner | ||||||||||
By: | /s/ Xxxx X. Xxxxxx | |||||||||
Name: | Xxxx X. Xxxxxx | |||||||||
Title: | Senior Vice President | |||||||||
COWTOWN PIPELINE PARTNERS L.P., |
||||||||||
as Subsidiary Guarantor | ||||||||||
By: | COWTOWN PIPELINE, L.P., | |||||||||
its general partner | ||||||||||
By: | COWTOWN PIPELINE MANAGEMENT, INC., | |||||||||
its general partner | ||||||||||
By: | /s/ Xxxx X. Xxxxxx | |||||||||
Name: | Xxxx X. Xxxxxx | |||||||||
Title: | Senior Vice President |
QUICKSILVER RESOURCES INC. | ||||||
By: | /s/ Xxxx X. Xxxxxx | |||||
Name: | Xxxx X. Xxxxxx | |||||
Title: | Senior Vice President | |||||
MERCURY MICHIGAN, INC., |
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as Subsidiary Guarantor | ||||||
By: | /s/ Xxxx X. Xxxxxx | |||||
Name: | Xxxx X. Xxxxxx | |||||
Title: | Senior Vice President | |||||
TERRA ENERGY LTD., |
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as Subsidiary Guarantor | ||||||
By: | /s/ Xxxx X. Xxxxxx | |||||
Name: | Xxxx X. Xxxxxx | |||||
Title: | Senior Vice President |
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GTG PIPELINE CORPORATION, |
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as Subsidiary Guarantor | ||||||
By: | /s/ Xxxx X. Xxxxxx | |||||
Name: | Xxxx X. Xxxxxx | |||||
Title: | Senior Vice President | |||||
COWTOWN PIPELINE FUNDING, INC., | ||||||
as Subsidiary Guarantor | ||||||
By: | /s/ Xxxx X. Xxxxxx | |||||
Name: | Xxxx X. Xxxxxx | |||||
Title: | Senior Vice President | |||||
COWTOWN PIPELINE MANAGEMENT, INC., | ||||||
as Subsidiary Guarantor | ||||||
By: | /s/ Xxxx X. Xxxxxx | |||||
Name: | Xxxx X. Xxxxxx | |||||
Title: | Senior Vice President | |||||
TERRA PIPELINE COMPANY, | ||||||
as Subsidiary Guarantor | ||||||
By: | /s/ Xxxx X. Xxxxxx | |||||
Name: | Xxxx X. Xxxxxx | |||||
Title: | Senior Vice President | |||||
BEAVER CREEK PIPELINE, L.L.C., | ||||||
as Subsidiary Guarantor | ||||||
By: | /s/ Xxxx X. Xxxxxx | |||||
Name: | Xxxx X. Xxxxxx | |||||
Title: | Senior Vice President |
COWTOWN PIPELINE L.P., | ||||||||
as Subsidiary Guarantor | ||||||||
By: | COWTOWN PIPELINE MANAGEMENT, INC., | |||||||
its general partner | ||||||||
By: | /s/ Xxxx X. Xxxxxx | |||||||
Name: | Xxxx X. Xxxxxx | |||||||
Title: | Senior Vice President |
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COWTOWN GAS PROCESSING L.P., | ||||||||
as Subsidiary Guarantor | ||||||||
By: | COWTOWN PIPELINE MANAGEMENT, INC., | |||||||
its general partner | ||||||||
By: | /s/ Xxxx X. Xxxxxx | |||||||
Name: | Xxxx X. Xxxxxx | |||||||
Title: | Senior Vice President | |||||||
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, | ||||||||
as Trustee | ||||||||
By: | /s/ Xxxxx X. Xxxxx | |||||||
Name: | Xxxxx X. Xxxxx | |||||||
Title: | Vice President and Trust Officer |
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