Contract
Exhibit 4.10
EXECUTION COPY
EXECUTION COPY
THIS FIRST SUPPLEMENTAL INDENTURE, dated as of August 1, 2005 (this
“Supplemental Indenture”), is by and among Xxxxxx Wireless Inc., a
corporation organized under the Canada Business Corporations Act
(hereinafter called “Rogers Wireless”), Xxxxxx Wireless
Partnership, a general partnership organized under the laws of the
Province of Ontario and a wholly-owned Subsidiary of Rogers Wireless
(hereinafter called “RWP”), JPMorgan Chase Bank, N.A. (formerly
Chemical Bank), a national banking association organized under the laws of
the United States, as U.S. trustee (hereinafter called the “U.S. Trustee”)
and CIBC Mellon Trust Company (formerly The R-M Trust Company), a trust
company existing under the laws of Canada, as Canadian trustee
(hereinafter called the “Canadian Trustee” and, together with the U.S.
Trustee, the “Trustee” or “Trustees”).
W I T N E S S E T H
WHEREAS, Xxxxxx Wireless and the Trustees are parties to an indenture dated as of May 30, 1996
(the “Indenture”), pursuant to which Xxxxxx Wireless’ outstanding 10 1/2% Senior Secured
Notes due 2006 (the “Notes”) are issued, which Notes constitute “Securities” as that term
is defined in the Indenture;
WHEREAS, in connection with a corporate restructuring, Xxxxxx Wireless intends to transfer
certain of its properties, assets and liabilities constituting its assets substantially as an
entirety to RWP (the “Transfer”);
WHEREAS, pursuant to Section 801(a) of the Indenture, in connection with the Transfer, RWP is
required to execute and deliver to the Trustees a supplemental indenture assuming all of the
obligations of the Company under the Securities, the Indenture and prior to the Release Date, the
Collateral Documents;
WHEREAS, Section 802 of the Indenture provides that upon the transfer of the properties and
assets of the Company substantially as an entirety in accordance with Section 801 of the Indenture,
(i) the successor Person shall succeed to, and be substituted for, and may exercise every right and
power of, the Company under the Indenture with the same effect as if such successor Person had been
named as the Company in the Indenture and (ii) except in the case of a lease, the Company shall be
discharged from all obligations and covenants under the Indenture and the Securities;
WHEREAS, Xxxxxx Wireless, RWP and the Trustees desire that, following the Transfer, (i) Xxxxxx
Wireless shall not be discharged from its obligations and covenants under the Indenture and the
Securities, but shall continue as the Company
for all purposes of the Indenture and the Securities; (ii) RWP shall assume, as a co-obligor
on a joint and several basis with Xxxxxx Wireless, all of the Company’s obligations under the
Securities, the Indenture and the Collateral Documents and; (iii) to the extent provided herein,
each of Xxxxxx Wireless and RWP shall be the Company for purposes of the Indenture as if each of
them had been named as the Company therein;
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WHEREAS, Section 901 of the Indenture provides that without the consent of any Holders, the
Company, when authorized by a Board Resolution, and the Trustee, at any time and from time to time,
may enter into one or more indentures supplemental to the Indenture, to, among other things,
evidence the assumption by any successor Person of the covenants of the Company in the Indenture,
the Securities and the Collateral Documents, as the case may be, or, to make any other change that
does not adversely affect the rights of any Holder; and
WHEREAS, Xxxxxx Wireless and RWP have complied with all conditions precedent provided for in
the Indenture relating to this Supplemental Indenture.
NOW, THEREFORE, for and in consideration of the foregoing premises, Xxxxxx Wireless, RWP and
the Trustees hereby agree for the equal and ratable benefit of the Holders as follows:
1. Capitalized Terms. Capitalized terms used herein without definition shall have the
meanings assigned to them in the Indenture.
2. Assumption by RWP. RWP hereby assumes, as a co-obligor on a joint and several
basis with Xxxxxx Wireless, all obligations and covenants of the Company under the Indenture, the
Securities and the Collateral Documents, including without limitation obligations for the due and
punctual payment of the principal of, premium, if any, and interest on all Securities issued or to
be issued pursuant to the Indenture and the performance or observance of each other obligation and
covenant set forth in the Indenture to be performed or observed on the part of the Company.
3. Xxxxxx Wireless not Discharged. Notwithstanding Section 802 of the Indenture,
following the Transfer, Xxxxxx Wireless shall not be discharged from its obligations and covenants
under the Indenture and the Securities.
4. References to the “Company” in the Indenture. Following the Transfer, all
references to the “Company” in the Indenture shall be deemed to be references to each of Xxxxxx
Wireless and RWP, as co-obligors on a joint and several basis; provided, that (i) with
respect to any matter to be determined on a Consolidated basis for the Company and its Restricted
Subsidiaries, such matter shall be determined for Xxxxxx Wireless and its Restricted Subsidiaries,
treating RWP for such purposes as a Restricted Subsidiary; (ii) where the context requires that a
reference to the “Company” refer to a single entity only, such reference shall be deemed to be to
Xxxxxx Wireless only; and (iii) all references to the board of directors or any officer of the
“Company” shall be deemed to be references to the board of directors or such officer of Xxxxxx
Wireless.
5. Notices. (a) Section 106(c) of the Indenture is hereby amended and restated in
its entirety as follows:
(c) Xxxxxx Wireless Inc. or Xxxxxx Wireless Partnership by either Trustee or any
Holder shall be sufficient for every purpose hereunder (unless otherwise herein expressly
provided) if made, given, furnished or delivered in
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writing to Xxxxxx Wireless Inc. or
Xxxxxx Wireless Partnership, as the case may be, to 333 Bloor Street East, 10th Floor,
Toronto, Ontario, Canada, M4W 1G9, Attention: Vice-President, Treasurer, fax: 000-000-0000,
with a copy to the Vice-President, General Counsel and Secretary, fax: 000-000-0000, or, in
either case, at any other address previously furnished in writing to the Trustees by Xxxxxx
Wireless Inc. or Xxxxxx Wireless Partnership.
(b) At the date of execution of this Supplemental Indenture, the Corporate Trust Office of
the U.S. Trustee is located at 0 Xxx Xxxx Xxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000,
and the Corporate Trust Office of the Canadian Trustee is located at 000 Xxx Xxxxxx, Xxxxxxx,
Xxxxxxx, X0X 0X0, for delivery and mail.
6. Trustee’s Acceptance. The Trustees hereby accept this Supplemental Indenture and
agree to perform the same under the terms and conditions set forth in the Indenture.
7. Responsibility of Trustees. The recitals contained herein shall be taken as the
statements of Xxxxxx Wireless and RWP, and neither Trustee assumes any responsibility for the
correctness of such recitals. Neither Trustee makes any representation as to the validity or
sufficiency of this Supplemental Indenture.
8. Effect of Supplemental Indenture. Upon the execution and delivery of this
Supplemental Indenture by Xxxxxx Wireless, RWP and the Trustees, the Indenture shall be
supplemented and amended in accordance herewith, and this Supplemental Indenture shall form a part
of the Indenture for all purposes, and every Holder of a Security heretofore or hereafter
authenticated and delivered under the Indenture shall be bound thereby.
9. Indenture Remains in Full Force and Effect. Except as supplemented or amended
hereby, all other provisions in the Indenture and the Securities, to the extent not inconsistent
with the terms and provisions of this Supplemental Indenture, shall remain in full force and
effect.
10. Incorporation of Indenture. All the provisions of this Supplemental Indenture
shall be deemed to be incorporated in, and made a part of, the Indenture; and the Indenture, as
supplemented and amended by this Supplemental Indenture, shall be read, taken and construed as one
and the same instrument.
11. Counterparts. This Supplemental Indenture may be executed in any number of
counterparts, each of which so executed shall be deemed to be an original, but all such
counterparts shall together constitute but one and the same instrument.
12. Effect of Headings. The headings of this Supplemental Indenture are inserted for
convenience of reference and shall not be deemed to be a part thereof.
13. Conflict with Trust Indenture Act. If any provision of this Supplemental
Indenture limits, qualifies or conflicts with any mandatory requirement of Trust Indenture
Legislation, such mandatory requirement shall prevail. For greater
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certainty, if and to the extent
that any provision of this Supplemental Indenture limits, qualifies or conflicts with the duties
imposed by Sections 310 to 318, inclusive, of the Trust Indenture Act, or conflicts with any
provision (an “incorporated provision”) required by or deemed to be included in the Indenture by
operation of such Trust Indenture Act sections, such imposed duties or incorporated provision shall
control.
14. Successors. All covenants and agreements in this Supplemental Indenture by RWP
and Xxxxxx Wireless shall be binding upon and accrue to the benefit of their respective successors.
All covenants and agreements in this Supplemental Indenture by the Trustees shall be binding upon
and accrue to the benefit of their respective successors.
15. Benefits of Supplemental Indenture. Nothing in this Supplemental Indenture, the
Indenture or the Securities, express or implied, shall give to any Person, other than the parties
hereto and thereto and their successors hereunder and thereunder and the Holders, any benefit of
any legal or equitable right, remedy or claim under this Supplemental Indenture, the Indenture or
the Securities.
16. GOVERNING LAW. THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO PRINCIPLES OF
CONFLICTS OF LAW, SHALL GOVERN THIS SUPPLEMENTAL INDENTURE.
* * *
IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly
executed, all as of the date first above written.
| XXXXXX WIRELESS INC., | ||||
| By: | /s/ Xxxx X. Xxxx | |||
| Name: Xxxx X. Xxxx | ||||
| Title: Vice President | ||||
| By: | /s/ M. Xxxxxxxx Xxxx | |||
| Name: M. Xxxxxxxx Xxxx | ||||
| Title: Vice President, Treasurer | ||||
| XXXXXX WIRELESS PARTNERSHIP, | ||||
| by its partners, | ||||
| Xxxxxx Wireless Inc. | ||||
| By: | /s/ Xxxx X. Xxxx | |||
| Name: Xxxx X. Xxxx | ||||
| Title: Vice President | ||||
| By: | /s/ M. Xxxxxxxx Xxxx | |||
| Name: M. Xxxxxxxx Xxxx | ||||
| Title: Vice President, Treasurer | ||||
| Fido Solutions Inc. | ||||
| By: | /s/ Xxxx X. Xxxx | |||
| Name: Xxxx X. Xxxx | ||||
| Title: Vice President | ||||
| By: | /s/ M. Xxxxxxxx Xxxx | |||
| Name: M. Xxxxxxxx Xxxx | ||||
| Title: Vice President, Treasurer | ||||
| JPMORGAN CHASE BANK, N.A., | ||||
| as U.S. Trustee, | ||||
| By: | /s/ X. X’Xxxxx | |||
| Name: X. X’Xxxxx | ||||
| Title: Vice President | ||||
| CIBC MELLON TRUST COMPANY, | ||||
| as Canadian Trustee, | ||||
| By: | /s/ Xxxxxxx Xxxxxxx | |||
| Name: Xxxxxxx Xxxxxxx | ||||
| Title: Account Manager | ||||
| By: | /s/ Xxxxxxxxx Xxxxxx | |||
| Name: Xxxxxxxxx Xxxxxx | ||||
| Title: Associate Manager | ||||
