INDENTURE SUPPLEMENT DATED AS OF AUGUST 27, 1997
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EXHIBIT 4.1
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PULTE CORPORATION
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INDENTURE SUPPLEMENT
DATED AS OF AUGUST 27, 1997
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THE BANK OF NEW YORK
TRUSTEE
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SENIOR DEBT SECURITIES
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INDENTURE SUPPLEMENT dated as of August 27, 1997, among PULTE
CORPORATION, a Michigan corporation ("Company"), located at 00 Xxxxxxxxxx Xxxxx
Xxxxxxx, Xxxxx 000, Xxxxxxxxxx Xxxxx, Xxxxxxxx 00000, THE BANK OF NEW YORK, as
Successor Trustee to NationsBank of Georgia, National Association ("Trustee"),
PULTE HOME CORPORATION ("Pulte Home"), and the wholly-owned subsidiaries of
Pulte Home set forth on the signature pages hereto (Pulte Home and such
wholly-owned subsidiaries and, as applicable, any successor who replaces such
Guarantor pursuant to the applicable provisions of this Indenture Supplement
and, thereafter, such successor, all together the "Guarantors").
The Company, the Trustee and the Guarantors have entered into an
Indenture dated as of December 1, 1993 (the "Indenture") pursuant to which the
Trustee acts as trustee for the holders of the Company's 7% Senior Notes due
December 20, 2003 (the "December Notes") and the Company's 8-3/8% Senior Notes
due August 23, 2004 (the "August Notes"; and together with the December Notes,
the "Senior Notes"). Capitalized terms used in this Indenture Supplement and
not otherwise defined shall have the meanings set forth in the Indenture.
The Company and the Trustee desire to add certain Guarantors as
parties to the Indenture to guaranty the Guaranteed Obligations.
Section 901 of the Indenture permits the Company and the Trustee to
execute supplements to the Indenture without the consent of the Holders for the
purpose of adding guarantors of the Guaranteed Obligations to the Indenture.
Section 801 of the Indenture prohibits the Company, the Guarantors and
any Restricted Subsidiaries from consolidating or merging into, or selling,
assigning, conveying, transferring or leasing or otherwise disposing of all or
substantially all of its assets to, any Person unless such Person is a
corporation organized and existing under the laws of the United States of
America or any State thereof or the District of Columbia.
The parties hereto believe that the provisions of Section 801 are too
restrictive and that the Company, the Guarantors and any Restricted
Subsidiaries should be permitted to engage in the above described transactions
with Persons that are limited liability companies, limited liability
partnerships or other similar entities organized and existing under the laws of
the United States of America or any State thereof or the District of Columbia.
Section 902 of the Indenture permits the Company and the Trustee to
execute supplements to the Indenture for the purpose of amending the terms of
the Indenture with the consent of the Holders of not less than a majority in
the principal amount of all Outstanding Securities affected by such
supplemental indenture.
Pursuant to a solicitation of Bondholder consents dated September 27,
1996, consents from Holders of Outstanding Securities sufficient to approve
this Supplemental Indenture have been received, and the other requirements for
execution of this Supplemental Indenture have been satisfied.
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NOW, THEREFORE, THIS SUPPLEMENTAL INDENTURE WITNESSETH:
For and in consideration of the premises and the mutual covenants and
agreements contained herein, it is mutually covenanted and agreed, for the
equal and proportionate benefit of all Holders of the Securities or of series
thereof, as follows:
1. The Guarantors who are signatories to this Indenture
Supplement and who were not signatories to the Indenture are hereby added as
Guarantors to the Indenture as if such Guarantors had signed as parties to such
Indenture.
2. Section 801(l) of the Indenture is hereby deleted in its
entirety and replaced with the following:
(1) the Person is a corporation, limited
liability company, limited partnership or similar
entity organized and existing under the laws of the
United States of America or any State thereof or the
District of Columbia;
3. As supplemented by this Indenture Supplement, the Indenture as
so supplemented by this Indenture Supplement shall be read, taken and construed
as one and the same instrument.
4. This Indenture Supplement may be executed in any number of
counterparts, each of which so executed shall be deemed an original, but all of
such counterparts shall together constitute but one and the same instrument.
5. This Indenture Supplement shall be governed by and construed
in accordance with the laws of the State of New York, without regard to the
principles of conflicts of laws.
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IN WITNESS WHEREOF, the parties hereto have caused this Indenture
Supplement to be duly executed as of the day and year first above written.
THE BANK OF NEW YORK,
as Trustee
By: /s/ Xxxxxx Xxxxxxxx
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Name: Xxxxxx Xxxxxxxx
Title: Agent
PULTE CORPORATION
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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BUILDERS' SUPPLY AND LUMBER CO., INC.
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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CAMBRIDGE SOFTWARE, INC.
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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CANTERBURY COMMUNITIES, INC.
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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CANTERBURY DIVERSIFIED BUILDING
CORP.
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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CEIBA HOMES, INC.
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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CHARLOTTE CLASSIC HOMES, INC.
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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XXXX REALTY COMPANY
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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GREENSBORO CLASSIC HOMES, INC.
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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GULF PARTNERS, INC.
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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GURABO HOMES, INC.
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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XXXXX X. XXXXX, INC.
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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PALMVILLE DEVELOPMENT CORP.
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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PHC TITLE CORPORATION
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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PHT TITLE CORPORATION
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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PBW CORPORATION
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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PHM REALTY, INC.
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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PRESERVE I, INC.
(f/k/a Marengo corporation)
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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PRESERVE II, INC.
(f/k/a Pine Ridge Building Corporation)
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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PULTE DEVELOPMENT CORPORATION
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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PULTE HOME CARRIBEAN CORPORATION
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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PULTE HOME CORPORATION
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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PULTE HOME CORPORATION OF
THE DELAWARE VALLEY
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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PULTE HOME CORPORATION
OF MASSACHUSETTS
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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PULTE HOME CORPORATION OF TEXAS
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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PULTE HOMES OF GREATER KANSAS
CITY, INC.
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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PULTE HOMES OF MICHIGAN CORPORATION
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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PULTE HOMES OF MINNESOTA CORPORATION
(f/k/a Xxxx Xxxxxxxx Homes, Inc.)
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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PULTE HOMES OF OHIO CORPORATION
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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PULTE HOMES OF SOUTH CAROLINA, INC.
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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PULTE LAND DEVELOPMENT CORPORATION
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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PULTE LIFESTYLE COMMUNITIES, INC.
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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PULTE PAYROLL CORPORATION
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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RALEIGH CLASSIC HOMES, INC.
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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XXXXXXX BUILDERS, INC.
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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XXXXXXX HOMES, INC.
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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XXXX/XXXXXXXXXXX HOMES, INC.
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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SPRINGFIELD GOLF CLUB, INC.
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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WIL CORPORATION
By: /s/ Xxxxx Xxxxxxxxxxx
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Name: Xxxxx Xxxxxxxxxxx
Title: Vice-President
Attest: /s/ Xxxxx Breach
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