EXHIBIT 4.2
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HSBC USA INC.
Issuer
TO
BANKERS TRUST COMPANY
Trustee
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SUPPLEMENTAL INDENTURE
Dated as of February 25, 2000
to
INDENTURE
Dated as of October 24, 1996
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SENIOR DEBT SECURITIES
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THIS SUPPLEMENTAL INDENTURE (the "Supplemental Indenture"), dated as of
February 25, 2000, between HSBC USA INC., a Maryland corporation previously
named Republic New York Corporation (hereinafter, the "Successor"), having its
principal office at 000 Xxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 and BANKERS TRUST
COMPANY, a New York banking corporation, as trustee (hereinafter called the
"Trustee"), under the Indenture (as defined below), having its Corporate Trust
Office at 0 Xxxxxx Xxxxxx, 0xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000. Capitalized
terms used but not defined herein shall have the meanings assigned to such terms
in the Indenture.
WHEREAS, HSBC Americas, Inc. (the "Company") and the Trustee previously
duly executed, and the Company duly delivered to the Trustee, an Indenture for
Senior Debt Securities, dated as of October 24, 1996 (the "Indenture");
WHEREAS, the Company changed its name to HSBC USA Inc. by a Certificate
of Amendment of Restated Certificate of Incorporation filed with the Secretary
of State of the State of Delaware on May 27, 1999;
WHEREAS, effective at 12:15 p.m., New York City Time on December 31,
1999 (the "Effective Time"), the Company merged with and into the Successor in
accordance with the General Corporation Law of the State of Maryland and the
General Corporation Law of the State of Delaware;
WHEREAS, the Successor changed its name to HSBC USA Inc. by Articles of
Amendment filed with the State Department of Assessments and Taxation of the
State of Maryland on January 3, 2000;
WHEREAS, pursuant to Section 1101(1) of the Indenture, this
Supplemental Indenture may be entered into without the consent of the Holders;
WHEREAS, the Board of Directors of the Successor has authorized the
execution of this Supplemental Indenture and its delivery to the Trustee;
WHEREAS, the Successor has delivered an Opinion of Counsel to the
Trustee pursuant to Section 1103 of the Indenture; and
WHEREAS, all other actions necessary to make this Supplemental
Indenture a legal, valid and binding obligation of the parties hereto in
accordance with its terms and the terms of the Indenture have been performed;
NOW, THEREFORE, in consideration of the promises contained herein and
for other good and valuable consideration, the receipt and sufficiency of which
is hereby acknowledged, the Successor and the Trustee hereby mutually covenant
and agree for the equal and proportionate benefit of all Holders of the Debt
Securities as follows:
ARTICLE I
ASSUMPTION
SECTION 1.1. From and after the Effective Time, the Successor hereby
expressly assumes the due and punctual payment of the principal of (and premium,
if any) and interest on all the Debt Securities and the performance of every
covenant of the Indenture on the part of the Company to be performed or
observed.
ARTICLE II
MISCELLANEOUS
SECTION 2.1. Upon execution of this Supplemental Indenture, the
Indenture shall be deemed to be modified as herein provided, but except as
expressly amended hereby, the Indenture shall continue in full force and effect.
SECTION 2.2. Upon execution, this Supplemental Indenture shall form a
part of the Indenture and the Supplemental Indenture and the Indenture shall be
read, taken and construed as one and the same instrument for all purposes.
SECTION 2.3. Debt Securities of any series authenticated and delivered
pursuant to the Indenture after the execution and delivery of this Supplemental
Indenture shall bear a notation that the Indenture has been supplemented by this
Supplemental Indenture.
SECTION 2.4. THIS SUPPLEMENTAL INDENTURE SHALL BE DEEMED TO BE A
CONTRACT MADE AND TO BE PERFORMED ENTIRELY IN THE STATE OF NEW YORK, AND FOR ALL
PURPOSES SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE
STATE OF NEW YORK WITHOUT REGARD TO THE CONFLICT OF LAWS PRINCIPLES OF THE STATE
OF NEW YORK.
SECTION 2.5. 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 of which together shall be deemed to constitute but one and the same
instrument.
IN WITNESS WHEREOF, the parties hereto have caused this Indenture to be
duly executed, and their respective corporate seals to be hereunto affixed and
attested, all as of the day and year first above written.
HSBC USA INC.
By: /s/ Xxxxxx X. Xxxxxxx
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Name: Xxxxxx X. Xxxxxxx
Title: Senior Executive Vice
President and Chief
Financial Officer
Attest:
/s/ Xxxxxx X. Xxxxxx
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Name: Xxxxxx X. Xxxxxx
Title: Senior Executive Vice President
SEAL
BANKERS TRUST COMPANY, as Trustee
By: /s/ Xxxx Xxxxxxxxx
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Name: Xxxx Xxxxxxxxx
Title: Associate
Attest:
/s/ Xxxxxxx Chordey
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Name: Xxxxxxx Chordey
Title: Assistant Vice President
SEAL
STATE OF NEW YORK, )
COUNTY OF ERIE ) ss.:
On the 25th day of February, 2000, before me personally came Xxxxxx X.
Xxxxxxx, to me known, who, being by me duly sworn, did depose and say that he
is the Sr. Executive Vice President of HSBC USA Inc., one of the corporations
described in and which executed the foregoing instrument; that he knows the seal
of said corporation; that the seal affixed to said instrument is such corporate
seal; that is was so affixed by authority of the Board of Directors of said
corporation, and that he signed his name thereto by like authority.
/s/ Xxxxx X. Xxxxxx
Notary Public
STATE OF NEW YORK, )
COUNTY OF KINGS ) ss.:
On the 10th day of February, 2000, before me personally came Xxxx
Xxxxxxxxx, to me known, who, being by me duly sworn, did depose and say that he
is the Associate of Bankers Trust Company, one of the corporations described in
and which executed the foregoing instrument; that he knows the seal of said
corporation; that the seal affixed to said instrument is such corporate seal;
that is was so affixed by authority of the Board of Directors of said
corporation, and that he signed his name thereto by like authority.
/s/ Xxxxx Xxxxxxx
