FIRST SUPPLEMENTAL NOTE PURCHASE AGREEMENT
Exhibit 10.6
FIRST SUPPLEMENTAL NOTE PURCHASE AGREEMENT
As of May 24, 2001
To Each of the Purchasers
Named in the Supplemental
Purchaser Schedule Attached Hereto
Ladies and Gentlemen:
Reference is made to that certain Note Purchase Agreement dated as of August 10, 2000 between the Company and each of the Initial Purchasers named in the Initial Purchaser Schedule attached thereto (the “Agreement”). Terms used but not defined herein shall have the respective meanings set forth in the Agreement.
As contemplated in Section 2B of the Agreement, the Company agrees with you as follows:
A. Subsequent Series of Notes. The Company will create Subsequent Series of Notes to be called the “Series G Notes”, “Series H Notes” and “Series I Notes”, respectively (collectively, the “Subsequent Notes”).
(i) Said Series G Notes will be dated the date of issue; will bear interest from such date at the rate of 7.21% per annum, payable quarterly on the 15th day of each February, May, August and November in each year (commencing August 15, 2001) until the principal amount thereof shall become due and payable and shall bear interest on overdue principal (including any overdue optional prepayment of principal) and premium, if any, and, to the extent permitted by law, on any overdue installment of interest at the rate specified therein after the date due for payment, whether by acceleration or otherwise, until paid; will be expressed to mature on May 15, 2008; and will be substantially in the form attached to the Agreement as Exhibit A-7 with the appropriate insertions to reflect the terms and provisions set forth above.
(ii) Said Series H Notes will be dated the date of issue; will bear interest from such date at the rate of 7.89% per annum, payable quarterly on the 15th day of each February, May, August and November in each year (commencing August 15, 2001) until the principal amount thereof shall become due and payable and shall bear interest on overdue principal (including any overdue optional prepayment of principal) and premium, if any, and, to the extent permitted by law, on any overdue installment of interest at the rate specified therein after the date due for payment, whether by acceleration or otherwise, until paid; will be expressed to mature on May 15, 2016; and will be substantially in the form attached to the Agreement as Exhibit A-7 with the appropriate insertions to reflect the terms and provisions set forth above.
(iii) Said Series I Notes will be dated the date of issue; will bear interest from such date at the rate of 7.99% per annum, payable quarterly on the 15th day of each February, May, August and November in each year (commencing August 15, 2001) until the principal amount thereof shall become due and payable and shall bear interest on overdue principal (including any overdue optional prepayment of principal) and premium, if any, and, to the extent permitted by law, on any overdue installment of interest at the rate specified therein after the date due for payment, whether by acceleration or otherwise, until paid; will be expressed to mature on May 15, 2013; and will be substantially in the form attached to the Agreement as Exhibit A-7 with the appropriate insertions to reflect the terms and provisions set forth above.
B. Purchase and Sale of Series G Notes, Series H Notes and Series I Notes. The Company hereby agrees to sell to each Supplemental Purchaser set forth on the Supplemental Purchaser Schedule attached hereto (collectively, the “Supplemental Purchasers”) and, subject to the terms and conditions in the Agreement and herein set forth, each Supplemental Purchaser agrees to purchase from the Company the aggregate principal amount of the Series G Notes, Series H Notes or Series I Notes set opposite each Supplemental Purchaser’s name in the Supplemental Purchaser Schedule at 100% of the aggregate principal amount. The sale of the Series G Notes, Series H Notes and Series I Notes shall take place at the offices of Winston & Xxxxxx, 00 Xxxx Xxxxxx Xxxxx, Xxxxxxx, Xxxxxxxx 00000 at 10:00 a.m. Chicago time, at a closing (the “Supplemental Closing”) on May 24, 2001, or such other date as shall be agreed upon by the Company and each Supplemental Purchaser. At the Supplemental Closing the Company will deliver to each Supplemental Purchaser one or more Series G Notes, Series H Notes or Series I Notes, as the case may be, registered in such Supplemental Purchaser’s name (or in the name of its nominee), evidencing the aggregate principal amount of Series G Notes, Series H Notes or Series I Notes to be purchased by said Supplemental Purchaser and in the denomination or denominations specified with respect to such Supplemental Purchaser in the Supplemental Purchaser Schedule attached hereto against payment of the purchase price thereof by transfer of immediately available funds for credit to the Company’s account on the date of the Supplemental Closing (the “Supplemental Closing Date”) (as specified in a notice to each Supplemental Purchaser at least three Business Days prior to the Supplemental Closing Date).
C. Conditions of Supplemental Closing. The obligation of each Supplemental Purchaser to purchase and pay for the Series G Notes, Series H Notes or Series I Notes to be purchased by such purchaser hereunder on the Supplemental Closing Date is subject to the satisfaction, on or before such Supplemental Closing Date, of the conditions set forth in Section 3 of the Agreement.
D. Prepayments. The Subsequent Notes shall be subject to prepayment only (a) pursuant to the required prepayments, if any, specified in clause (x) below, and in Section 4C of the Agreement; and (b) pursuant to the optional prepayments permitted by Section 4B of the Agreement.
| (x) | Required Prepayments; Maturity. |
| (i) | Series G Notes. Until the Series G Notes shall be paid in full, the Company shall apply to the prepayment of the Series G Notes, without premium, the designated amounts of principal set forth below (or, if less, the principal amount of the Series G Notes as shall at the time be outstanding) on May 15 in each of the years set forth below, together with interest thereon to the prepayment dates, provided, however, that if the Company shall prepay all or any portion of the Notes pursuant to Section 4B or 4C, or acquire any Series G Notes pursuant to the provisions of Section 4H, each of the principal amount payable at maturity and the principal amount of each required prepayment of the Series G Notes becoming due under this clause (x) on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Series G Notes is reduced as a result of such prepayment or acquisition: |
| PRINCIPAL AMOUNT TO BE PREPAID |
YEAR OF PREPAYMENT | |
| $5,300,000 |
2004 | |
| $5,300,000 |
2005 | |
| $5,300,000 |
2006 | |
| $5,300,000 |
2007 | |
| $5,300,000 |
2008 |
The remaining outstanding principal amount of the Series G Notes, together with all interest accrued on the Series G Notes shall become due and payable on May 15, 2008.
| (ii) | Series H Notes. Until the Series H Notes shall be paid in full, the Company shall apply to the prepayment of the Series H Notes, without premium, the designated amounts of principal set forth below (or, if less, the principal amount of the Series H Notes as shall at the time be outstanding) on May 15 in each of the years set forth below, together with interest thereon to the prepayment dates, provided, however, that if the Company shall prepay all or any portion of the Notes pursuant to Section 4B or 4C, or acquire any Series H Notes pursuant to the provisions of Section 4H, each of the principal amount payable at maturity and the principal amount of each required prepayment of the Series H Notes becoming due under this clause (x) on and after the date of such prepayment or purchase shall be reduced in the same proportion as the aggregate unpaid principal amount of the Series H Notes is reduced as a result of such prepayment or acquisition: |
| PRINCIPAL AMOUNT TO BE PREPAID |
YEAR OF PREPAYMENT | |
| $2,500,000 |
2006 | |
| $2,500,000 |
2007 | |
| $2,500,000 |
2008 | |
| $2,500,000 |
2009 | |
| $2,500,000 |
2010 | |
| $2,500,000 |
2011 | |
| $2,500,000 |
2012 | |
| $2,500,000 |
2013 | |
| $2,500,000 |
2014 | |
| $2,500,000 |
2015 | |
| $2,500,000 |
2016 |
The remaining outstanding principal amount of the Series H Notes, together with all interest accrued on the Series H Notes shall become due and payable on May 15, 2016.
| (iii) | Series I Notes. The Series I Notes are not subject to required prepayments prior to their maturity date. The outstanding principal amount of the Series I Notes, together with all interest accrued on the Series I Notes shall become due and payable on May 15, 2013. |
| (y) | Optional and Contingent Prepayments. As provided in Sections 4B and 4C of the Agreement. |
E. Subsequent Notes Issued under and Pursuant to Agreement. Except as specifically provided above, the Subsequent Notes shall be deemed to be issued under, to be subject to and to have the benefit of all of the terms and provisions of the Agreement as the same may from time to time be amended and supplemented in the manner provided therein.
F. Waiver and Consent regarding certain Sections of Agreement. By its purchase and acceptance of any of the Series G Notes, Series H Notes or Series I Notes, each Supplemental Purchaser shall be deemed to have consented to the acquisition by the Company of certain of the assets of Earth America Company (the “Acquisition”) for a purchase price, payable in cash and/or earn out options, in an amount not to exceed $29,000,000 and the operation by the Company of the business acquired in the Acquisition, which operation shall include, without limitation, selling (at the Company’s discretion) certain assets purchased in the Acquisition and providing financial support therefor (the activities described above referred to herein, collectively, as the “Acquisition Transactions”), and each Supplemental Purchaser shall be deemed to have (i) waived the restrictions set forth in Section 6E(v)(iii) and Section 6G of the Agreement to the extent necessary to permit the Company to make Investments from time to time in respect of the Acquisition Transactions and sell certain assets acquired in connection therewith and (ii) consented and agreed that (x) no portion of such Investments shall be counted for purposes of computing the aggregate amounts of Investments under Section 6E(v)(iii) and (y) no sales of such assets shall be counted for purposes of computing the aggregate amounts of Asset Sales under Section 6G.
The execution hereof by the Supplemental Purchasers shall constitute a contract among the Company and the Supplemental Purchasers for the uses and purposes hereinabove set forth. By their acceptance hereof, each of the Supplemental Purchasers shall also be deemed to have accepted and agreed to the terms and provisions of the Agreement, as in effect on the date hereof.
| HERITAGE OPERATING, L.P. | ||
| By Heritage Holdings, Inc., General Partner | ||
| By | /s/ Xxxxx X. Xxxxxx | |
| Its: | Vice President and Chief Financial Officer | |
SIGNATURE PAGE TO THE FIRST SUPPLEMENTAL NOTE PURCHASE AGREEMENT
| The foregoing Agreement is hereby accepted as of the date first above written. | ||
| XXXX XXXXXXX LIFE INSURANCE COMPANY | ||
| By: |
| |
| Name: | ||
| Title: | ||
SIGNATURE PAGE TO THE FIRST SUPPLEMENTAL NOTE PURCHASE AGREEMENT
| The foregoing Agreement is hereby accepted as of the date first above written. | ||
| XXXX XXXXXXX VARIABLE LIFE INSURANCE COMPANY | ||
| By: |
| |
| Name: | ||
| Title: | ||
SIGNATURE PAGE TO THE FIRST SUPPLEMENTAL NOTE PURCHASE AGREEMENT
| The foregoing Agreement is hereby accepted as of the date first above written. |
MELLON BANK, N.A., solely in its capacity as Trustee for the Xxxx Atlantic Master Trust (as directed by Xxxx Xxxxxxx Life Insurance Company), and not in its individual capacity
| By: |
| |
| Name: | ||
| Title: |
SIGNATURE PAGE TO THE FIRST SUPPLEMENTAL NOTE PURCHASE AGREEMENT
| The foregoing Agreement is hereby accepted as of the date first above written. | ||
| INVESTORS PARTNER LIFE INSURANCE COMPANY | ||
| By: |
| |
| Name: | ||
| Title: | ||
SIGNATURE PAGE TO THE FIRST SUPPLEMENTAL NOTE PURCHASE AGREEMENT
| The foregoing Agreement is hereby accepted as of the date first above written. | ||
| GENERAL ELECTRIC CAPITAL ASSURANCE COMPANY | ||
| By: |
| |
| Name: | ||
| Title: | ||
SIGNATURE PAGE TO THE FIRST SUPPLEMENTAL NOTE PURCHASE AGREEMENT
| The foregoing Agreement is hereby accepted as of the date first above written. | ||
| METROPOLITAN LIFE INSURANCE COMPANY | ||
| By: |
| |
| Name: | ||
| Title: | ||
SIGNATURE PAGE TO THE FIRST SUPPLEMENTAL NOTE PURCHASE AGREEMENT
| The foregoing Agreement is hereby accepted as of the date first above written. | ||
| CONNECTICUT GENERAL LIFE INSURANCE COMPANY | ||
| By: |
| |
| Name: | ||
| Title: | ||
SIGNATURE PAGE TO THE FIRST SUPPLEMENTAL NOTE PURCHASE AGREEMENT
| The foregoing Agreement is hereby accepted as of the date first above written. | ||
| PHOENIX HOME LIFE MUTUAL INSURANCE COMPANY | ||
| By: |
| |
| Name: | ||
| Title: | ||
SIGNATURE PAGE TO THE FIRST SUPPLEMENTAL NOTE PURCHASE AGREEMENT
| The foregoing Agreement is hereby accepted as of the date first above written. | ||
| C.M. LIFE INSURANCE COMPANY | ||
| By: |
| |
| Name: | ||
| Title: | ||
SIGNATURE PAGE TO THE FIRST SUPPLEMENTAL NOTE PURCHASE AGREEMENT
| The foregoing Agreement is hereby accepted as of the date first above written. | ||
| MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY | ||
| By: |
| |
| Name: | ||
| Title: | ||
SUPPLEMENTAL PURCHASER SCHEDULE
| Name of Purchaser |
Series and Principal Amount of Notes being Purchased |
|||||||
| XXXX XXXXXXX LIFE INSURANCE COMPANY | Series | Principal Amount | ||||||
| (1) |
All payments on account of the Notes or other obligations in accordance with the provisions thereof shall be made by bank wire transfer of immediately available funds for credit, not later than 12 noon, Boston time, to:
Fleet Boston ABA No. 000000000 Xxxxxx, Xxxxxxxxxxxxx 00000 Account of: Xxxx Xxxxxxx Life Insurance Company Private Placement Collection Account Account No. 541-55417 On Order of: Heritage Operating, L.P. PPN Number: [Insert] 7.89% Series H Senior Secured Notes due May 15, 2016 in the aggregate principal amount of $27,500,000 and payable to Xxxx Xxxxxxx Life Insurance Company |
H | $
$ |
9,250,000
2,000,000 |
1
| |||
| (2) |
Contemporaneous with the above wire transfer, advice setting forth:
(a) the full name, interest rate and maturity date of the Notes or other obligations;
(b) allocation of payment between principal and interest and any special payment; and
(c) name and address of Bank (or Trustee) from which wire transfer was sent shall be delivered or faxed AND mailed to:
Xxxx Xxxxxxx Life Insurance Company 000 Xxxxxxxxx Xxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attention: Investment Accounting Division, B-3 Fax: (000) 000-0000 |
|||||||
| 1 | Xxxx Xxxxxxx Life Insurance Company is requesting two (2) Series H Senior Secured Notes of $9,250,000 and $2,000,000. |
| (3) |
All notices with respect to prepayments, both scheduled and unscheduled, whether partial or in full, and notice of maturity shall be delivered or faxed AND mailed to:
Xxxx Xxxxxxx Life Insurance Company 000 Xxxxxxxxx Xxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attention: Investment Accounting Division, B-3 Fax: (000) 000-0000 |
|||||
| (4) |
All other communications which shall include, but not be limited to, financial statements and certificates of compliance with financial covenants, shall be delivered or faxed AND mailed to:
Xxxx Xxxxxxx Life Insurance Company 000 Xxxxxxxxx Xxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attention: Bond and Corporate Finance Group, T-57 Fax: (000) 000-0000 |
|||||
| (5) |
A copy of any notices relating to change in issuer’s name, address or principal place of business or location of collateral and a copy of any legal opinions shall be delivered or faxed AND mailed to:
Xxxx Xxxxxxx Life Insurance Company 000 Xxxxxxxxx Xxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attention: Investment Law Division, T-30 Fax: (000) 000-0000 |
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| (6) | Tax I.D. No.: 00-0000000 | |||||
| (7) |
All Notes are to be sent for receipt the day after the closing to:
Xxxx Xxxxxxx Life Insurance Company 000 Xxxxxxxxx Xxxxxx., X-00 Xxxxxx, Xxxxxxxxxxxxx 00000 Attention: Xxx X. Xxxx, Esq. |
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| (8) | Promptly after the closing (but no later than one week thereafter), one (1) fully executed original counterpart of the Purchase Agreement (i.e. Note Purchase Agreement, Securities Purchase Agreement, Loan Agreement, Participation Agreement, etc.) is to be sent to: | |||||
| Xxxx Xxxxxxx Life Insurance Company 000 Xxxxxxxxx Xxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attention: Investment Law Paralegal Unit, T-30 |
||||||
| (9) | Promptly after the closing (but no later than 2 months thereafter) we require one (1) set of original closing documents AND five (5) sets of conformed copies of the principal operative documents are to be sent to:
Xxxx Xxxxxxx Life Insurance Company 000 Xxxxxxxxx Xxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attention: Investment Law Paralegal Unit, T-30
|
|||||
| Note: If more than one Xxxxxxx or advisory account is participating in this transaction, the requirements set forth in (9) only need to be fulfilled once (i.e., please don’t send 5 conformed copies for each participating account) except where otherwise noted. |
||||||
| Name of Purchaser |
Series and Principal Amount of Notes being Purchased | ||||||||
| XXXX XXXXXXX VARIABLE LIFE INSURANCE COMPANY | Series | Principal Amount | |||||||
| (1) | All payments on account of the Notes or other obligations in accordance with the provisions thereof shall be made by bank wire transfer of immediately available funds for credit, not later than 12 noon, Boston time, to:
Fleet Boston ABA No. 000000000 Xxxxxx, Xxxxxxxxxxxxx 00000 |
H | $ | 1,500,000 | |||||
| Account of: | Xxxx Xxxxxxx Life Insurance Company | ||||||||
| Private Placement Collection Account | |||||||||
| Account No. | 541-55417 | ||||||||
| On Order of: | Heritage Operating, L.P. PPN Number: [insert] |
||||||||
| 7.89% Series H Senior Secured Notes due May 15, 2016 in the aggregate principal amount of $27,500,000 and payable to Xxxx Xxxxxxx Variable Life Insurance Company | |||||||||
| (2) | Contemporaneous with the above wire transfer, advice setting forth:
(a) the full name, interest rate and maturity date of the Notes or other obligations;
(b) allocation of payment between principal and interest and any special payment; and
(c) name and address of Bank (or Trustee) from which wire transfer was sent shall be delivered or faxed AND mailed to:
Xxxx Xxxxxxx Variable Life Insurance Company 000 Xxxxxxxxx Xxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attention: Investment Accounting Division, B-3 Fax: (000) 000-0000 |
||||||||
| (3) | All notices with respect to prepayments, both scheduled and unscheduled, whether partial or in full, and notice of maturity shall be delivered or faxed AND mailed to:
Xxxx Xxxxxxx Variable Life Insurance Company 000 Xxxxxxxxx Xxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attention: Investment Accounting Division B-3 Fax: (000) 000-0000 |
|||||
| (4) | All other communications which shall include, but not be limited to, financial statements and certificates of compliance with financial covenants, shall be delivered or faxed AND mailed to:
Xxxx Xxxxxxx Life Insurance Company 000 Xxxxxxxxx Xxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attention: Bond and Corporate Finance Group, T-57 Fax: (000) 000-0000 |
|||||
| (5) | A copy of any notices relating to change in issuer’s name, address or principal place of business or location of collateral and a copy of any legal opinions shall be delivered or faxed AND mailed to:
Xxxx Xxxxxxx Life Insurance Company 000 Xxxxxxxxx Xxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attention: Investment Law Division, T-30 Fax: (000) 000-0000 |
|||||
| (6) | Tax I.D. No.: 00-0000000 | |||||
| (7) | All Notes are to be sent for receipt the day after the closing to:
Xxxx Xxxxxxx Life Insurance Company 000 Xxxxxxxxx Xxxxxx., X-00 Xxxxxx, Xxxxxxxxxxxxx 00000 Attn: Xxx X. Xxxx, Esq. |
|||||
| (8) | Promptly after the closing (but no later than one week thereafter), one (1) fully executed original counterpart of the Purchase Agreement (i.e. Note Purchase Agreement, Securities Purchase Agreement, Loan Agreement, Participation Agreement, etc.) is to be sent to:
Xxxx Xxxxxxx Life Insurance Company 000 Xxxxxxxxx Xxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attn: Investment Law Paralegal Unit, T-30 |
|||||
| (9) | Promptly after the closing (but no later than 2 months thereafter) we require one (1) set of original closing documents AND five (5) sets of conformed copies of the principal operative documents are to be sent to:
Xxxx Xxxxxxx Life Insurance Company 000 Xxxxxxxxx Xxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attention: Investment Law Paralegal Unit, T-30 |
|||||
| Note: If more than one Xxxxxxx or advisory account is participating in this transaction, the requirements set forth in (9) only need to be fulfilled once (i.e., please don’t send 5 conformed copies for each participating account) except where otherwise noted. |
||||||
| Name of Purchaser |
Series and Principal Amount of Notes being Purchased | ||||||
| MELLON BANK, N.A., TRUSTEE FOR THE XXXX ATLANTIC MASTER TRUST | Series | Principal Amount | |||||
| (1) | All payments on account of the Notes or other obligations in accordance with the provisions thereof shall be made by bank wire transfer of immediately available funds for credit, not later than 12 noon, Boston time, to: | H | $ | 2,000,000 | |||
| Boston Safe Deposit and Trust Company ABA No. 000000000 Account No: DDA: 125261 Ref: Xxxx Atlantic Master Trust: NYXF 1783332 7.89% Series H Senior Secured Notes due May 15, 2016 in the aggregate principal amount of $27,500,000 and payable to Mellon Bank, N.A., as Trustee for the Xxxx Atlantic Master Trust |
|||||||
| (2) | Contemporaneous with the above wire transfer, advice setting forth:
(a) the full name, interest rate and maturity date of the Notes or other obligations;
(b) allocation of payment between principal, interest and any special payment; and
(c) name and address of Bank (or Trustee) from which wire transfer was sent, shall be delivered or faxed AND mailed to:
Mellon Bank, N.A. Three Mellon Bank Center, Room 153-3610 Xxxxxxxxxx, Xxxxxxxxxxxx 00000-0000 Attention: Principal & Interest Unit Fax: (000) 000-0000 |
||||||
| (3) | All notices with respect to prepayments, both scheduled and unscheduled, whether partial or in full, and notice of maturity shall be delivered or faxed AND mailed to:
Mellon Bank, N.A. Three Mellon Bank Center, Room 153-3610 Xxxxxxxxxx, Xxxxxxxxxxxx 00000-0000 Attention: Principal & Interest Unit Fax: (000) 000-0000 |
|||||
| (4) | All other communications which shall include, but not be limited to, financial statements and certificates of compliance with financial covenants, shall be delivered or faxed AND mailed to:
Xxxx Xxxxxxx Life Insurance Company 000 Xxxxxxxxx Xxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attention: Bond and Corporate Finance Group, T-57 Fax: (000) 000-0000 |
|||||
| (5) | A copy of any notices relating to change in issuer’s name, address or principal place of business or location of collateral and a copy of any legal opinions shall be delivered or faxed AND mailed to:
Xxxx Xxxxxxx Life Insurance Company 000 Xxxxxxxxx Xxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attention: Investment Law Division, T-30 Fax: (000) 000-0000 |
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| (6) | Tax I.D. No.: 00-0000000 | |||||
| (7) | All Notes are to be sent the day after the closing to:
Mellon Securities Trust Company 000 Xxxxxxxx - 00xx Xxxxx Teller Window Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxxxx X. Xxxxxxx Ref.: Xxxx Atlantic Master Trust Account No. NYXF 0000000 |
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| (8) | Promptly after the closing (but no later than one week thereafter), one (1) fully executed original counterpart of the Purchase Agreement (i.e. Note Purchase Agreement, Securities Purchase Agreement, Loan Agreement, Participation Agreement, etc.) is to be sent to:
Mellon Bank, N.A. One Mellon Bank Center, Room 151-1935 Xxxxxxxxxx, Xxxxxxxxxxxx 00000 Attention: Xxxxxxxxxx X. Xxxx |
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| (9) | Promptly after closing (but no later than 2 months thereafter), one (1) set of original closing documents and four (4) sets of conformed copies of the principal operative documents are to be sent to:
Mellon Bank, N.A. One Mellon Bank Center, Room 151-1935 Xxxxxxxxxx, Xxxxxxxxxxxx 00000 Attention: Xxxxxxxxxx X. Xxxx |
|||||
| Name of Purchaser |
Series and Principal Amount of Notes being Purchased | ||||||||
| INVESTORS PARTNER LIFE INSURANCE COMPANY | Series | Principal Amount | |||||||
| (1) |
All payments on account of the Notes or other obligations in accordance with the provisions thereof shall be made by bank wire transfer of immediately available funds for credit, not later than 12 noon, Boston time, to:
Fleet Boston ABA No. 000000000 Xxxxxx, Xxxxxxxxxxxxx 00000 |
H | $ | 250,000 | |||||
| Account of: | Xxxx Xxxxxxx Life Insurance Company Private Placement Collection Account |
||||||||
| Account No.: | 541-55417 | ||||||||
| On Order of: | Heritage Operating, L.P. PPN Number: [Insert} |
||||||||
| 7.89% Series H Senior Secured Notes due May 15, 2016 in the aggregate principal amount of $27,500,000 and payable to Investors Partner Life Insurance Company | |||||||||
| (2) |
Contemporaneous with the above wire transfer, advice setting forth:
(a) the full name, interest rate and maturity date of the Notes or other obligations;
(b) allocation of payment between principal and interest and any special payment; and
(c) name and address of Bank (or Trustee) from which wire transfer was sent shall be delivered or faxed AND mailed to:
|
||||||||
| Investors Partner Life Insurance Company 000 Xxxxxxxxx Xxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attention: Investment Accounting Division B-3 Fax: (000) 000-0000 |
|||||||||
| (3) |
All notices with respect to prepayments, both scheduled and unscheduled, whether partial or in full, and notice of maturity shall be delivered or faxed AND mailed to:
Investors Partner Life Insurance Company 000 Xxxxxxxxx Xxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attention: Investment Accounting Division, B-3 Fax: (000) 000-0000 |
|||||
| (4) |
All other communications which shall include, but not be limited to, financial statements and certificates of compliance with financial covenants, shall be delivered or faxed AND mailed to:
Xxxx Xxxxxxx Life Insurance Company 000 Xxxxxxxxx Xxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attention: Bond and Corporate Finance Group, T-57 Fax: (000) 000-0000 |
|||||
| (5) |
A copy of any notices relating to change in issuer’s name, address or principal place of business or location of collateral and a copy of any legal opinions shall be delivered or faxed AND mailed to:
Xxxx Xxxxxxx Life Insurance Company 000 Xxxxxxxxx Xxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attention: Investment Law Division, T-30 Fax: (000) 000-0000 |
|||||
| (6) | Tax I.D. No.: 00-0000000 | |||||
| (7) |
All Notes are to be sent for receipt the day after the closing to:
Xxxx Xxxxxxx Life Insurance Company 000 Xxxxxxxxx Xxxxxx., X-00 Xxxxxx, Xxxxxxxxxxxxx 00000 Attention: Xxx X. Xxxx, Esq. |
|||||
| (8) | Promptly after the closing (but no later than one week thereafter), one (1) fully executed original counterpart of the Purchase Agreement (i.e. Note Purchase Agreement, Securities Purchase Agreement, Loan Agreement, Participation Agreement, etc.) is to be sent to:
Xxxx Xxxxxxx Life Insurance Company 000 Xxxxxxxxx Xxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attention: Investment Law Paralegal Unit, T-30 |
|||||
| (9) |
Promptly after the closing (but no later than 2 months thereafter) we require one (1) set of original closing documents AND five (5) sets of conformed copies of the principal operative documents are to be sent to:
Xxxx Xxxxxxx Life Insurance Company 000 Xxxxxxxxx Xxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attention: Investment Law Paralegal Unit, T-30
Note: If more than one Xxxxxxx or advisory account is participating in this transaction, the requirements set forth in (9) only need to be fulfilled once (i.e.: please don’t send 5 conformed copies for each participating account) except where otherwise noted. |
|||||
| Name of Purchaser |
Series and Principal Amount of Notes being Purchased | ||||||
| GENERAL ELECTRIC CAPITAL ASSURANCE COMPANY (nominee is XXXXXXX & CO.) | Series | Principal Amount | |||||
| (1) | All payments on or in respect of the Notes to be by bank wire transfer of Federal or other immediately available funds to:
Bankers Trust Company 00 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 SWIFT Code: BKTR US 33 ABA No. 000000000 Account No. 00-000-000 FCC No: 097817 7.99% Series I Senior Secured Notes due May 15, 2013 in the aggregated principal amount of 16,000,000 and payable to General Electric Capital Assurance Company (nominee is Xxxxxxx & Co.) On Order of: Heritage Operating, L.P. PPN Number: [Insert} |
I | $ | 4,000,000 | |||
| (2) |
Physical Delivery of the Notes:
Bankers Trust Company 00 Xxxx Xxxxxx, 0xx Xxxxx Mail Stop 4042, Window 00 Xxx Xxxx, Xxx Xxxx 00000 Account No. 097817 Attention: Xxxxxxxx Xxxxxxx (000) 000-0000 |
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| (3) |
All notices with respect to payments and written confirmation of each such payment to be addressed as follows:
GE Financial Assurance Account: GECA LTC Two Union Square 000 Xxxxx Xxxxxx Xxxxxxx, Xxxxxxxxxx 00000 Attention: Investment Accounting Tel.: (000) 000-0000 Fax: (000) 000-0000 |
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| (4) | All other notices and communications, including original note purchase agreement, conformed copy of the note agreement, amendment requests, and financial statements, to be addressed as follows:
GE Financial Assurance Account: GECA LTC Two Union Square 000 Xxxxx Xxxxxx Xxxxxxx, Xxxxxxxxxx 00000 Attention: Investment Dept., Private Placements Tel.: (000) 000-0000 Fax: (000) 000-0000 |
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| (5) | Tax I.D. No.: 00-0000000 | |||||
| Name of Purchaser |
Series and Principal Amount of Notes being Purchased | ||||||
| GENERAL ELECTRIC CAPITAL ASSURANCE COMPANY (nominee is XXXXXXX & CO.) |
Series | Principal Amount | |||||
| (1) | All payments on or in respect of the Notes to be by bank wire transfer of Federal or other immediately available funds to:
Bankers Trust Company 00 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 SWIFT Code: BKTR US 33 ABA No. 000000000 Account No. 00-000-000 FCC No: 097833 7.99% Series I Senior Secured Notes due May 15, 2013 in the aggregated principal amount of 16,000,000 and payable to General Electric Capital Assurance Company (nominee is Xxxxxxx & Co.) On Order of: Heritage Operating, L.P. PPN Number: [Insert} |
I | $ | 12,000,000 | |||
| (2) | Physical Delivery of the Notes:
Bankers Trust Company 00 Xxxx Xxxxxx, 0xx Xxxxx Mail Stop 4042, Window 00 Xxx Xxxx, Xxx Xxxx 00000 Account No. 097833 Attention: Xxxxxxxx Xxxxxxx (000) 000-0000 |
||||||
| (3) | All notices with respect to payments and written confirmation of each such payment to be addressed as follows:
GE Financial Assurance Account: General Electric Capital Assurance Company Two Union Square 000 Xxxxx Xxxxxx Xxxxxxx, Xxxxxxxxxx 00000 Attention: Investment Accounting Tel.: (000) 000-0000 Fax: (000) 000-0000 |
||||||
| (4) |
All other notices and communications, including original note purchase agreement, conformed copy of the note agreement, amendment requests, and financial statements, to be addressed as follows:
GE Financial Assurance Account: General Electric Capital Assurance Company Two Union Square 000 Xxxxx Xxxxxx Xxxxxxx, Xxxxxxxxxx 00000 Attention: Investment Dept., Private Placements Tel.: (000) 000-0000 Fax: (000) 000-0000 |
|||||
| (5) | Tax I.D. No.: 00-0000000 | |||||
| Name of Purchaser |
Series and Principal Amount of Notes being Purchased | ||||||
| GENERAL ELECTRIC CAPITAL ASSURANCE COMPANY (nominee is XXXXXXX & CO.) | Series | Principal Amount | |||||
| (1) | All payments on or in respect of the Notes to be by bank wire transfer of Federal or other immediately available funds to:
Bankers Trust Company 00 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 SWIFT Code: BKTR US 33 ABA No. 000000000 Account No. 00-000-000 FCC No: 097833 7.21% Series G Senior Secured Notes due May 15, 2008 in the aggregated principal amount of 26,500,000 and payable to General Electric Capital Assurance Company (nominee is Xxxxxxx & Co.) On Order of: Heritage Operating, L.P. PPN Number: [Insert} |
G | $ | 5,000,000 | |||
| (2) | Physical Delivery of the Notes:
Bankers Trust Company 00 Xxxx Xxxxxx, 0xx Xxxxx Mail Stop 4042, Window 00 Xxx Xxxx, Xxx Xxxx 00000 Account No. 097833 Attention: Xxxxxxxx Xxxxxxx (000) 000-0000 |
||||||
| (3) | All notices with respect to payments and written confirmation of each such payment to be addressed as follows:
GE Financial Assurance Account: General Electric Capital Assurance Company Two Union Square 000 Xxxxx Xxxxxx Xxxxxxx, Xxxxxxxxxx 00000 Attention: Investment Accounting Tel.: (000) 000-0000 Fax: (000) 000-0000 |
||||||
| (4) |
All other notices and communications, including original note purchase agreement, conformed copy of the note agreement, amendment requests, and financial statements, to be addressed as follows:
GE Financial Assurance Account: General Electric Capital Assurance Company Two Union Square 000 Xxxxx Xxxxxx Xxxxxxx, Xxxxxxxxxx 00000 Attention: Investment Dept., Private Placements Tel.: (000) 000-0000 Fax: (000) 000-0000 |
|||||
| (5) |
Tax I.D. No.: 00-0000000 |
|||||
| Name of Purchaser |
Series and Principal Amount of Notes being Purchased | |||||
| METROPOLITAN LIFE INSURANCE COMPANY |
Series | Principal Amount | ||||
| (1) |
All payments on or in respect of the Notes to be made by bank wire transfer of Federal or other immediately available funds to:
The Chase Manhattan Bank ABA No. 000000000 Acct. Name: Metropolitan Life Insurance Company Account. No. 000-0-000000 7.21% Series G Senior Secured Notes due May 15, 2008 in the aggregate principal amount of $26,500, 000 as payable to Metropolitan Life Insurance Company |
G | $7,500,000 | |||
| (2) |
Delivery of Notes after Closing:
Metropolitan Life Insurance Company Xxx Xxxxxxx Xxxxxx, Xxxx 0X Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxxxxx Xxxxxx, Esq. |
|||||
| (3) |
All notices and communications to:
Metropolitan Life Insurance Company 000 Xxxxxxx Xxxxxx X.X. Xxx 000 Xxxxxxx Xxxxxxx, Xxx Xxxxxx 00000 Attention: Private Placements Unit Fax: (000) 000-0000 |
|||||
| (4) |
Tax I.D. No.: 00-0000000 | |||||
| Name of Purchaser |
Series and Principal Amount of Notes being Purchased | ||||||
| METROPOLITAN LIFE INSURANCE COMPANY |
Series | Principal Amount | |||||
| (1) |
All payments on or in respect of the Notes to be made by bank wire transfer of Federal or other immediately available funds to:
The Chase Manhattan Bank ABA No. 000000000 Acct. Name: Metropolitan Life Insurance Company Acct. No. 000-0-000000 7.89% Series H Senior Secured Notes due May 15, 2016 in the aggregate principal amount of $27,500, 000 as payable to Metropolitan Life Insurance Company |
H | $ | 7,500,000 | |||
| (2) |
Delivery of Notes after Closing:
Metropolitan Life Insurance Company Xxx Xxxxxxx Xxxxxx, Xxxx 0X Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxxxxx Xxxxxx, Esq. |
||||||
| (3) |
All notices and communications to:
Metropolitan Life Insurance Company 000 Xxxxxxx Xxxxxx X.X. Xxx 000 Xxxxxxx Xxxxxxx, Xxx Xxxxxx 00000 Attention: Private Placements Unit Fax: (000) 000-0000 |
||||||
| (4) |
Tax I.D. No.: 00-0000000 | ||||||
| Name of Purchaser |
Series and Principal Amount of Notes being Purchased | |||||||
| CONNECTICUT GENERAL LIFE INSURANCE COMPANY |
Series | Principal Amount | ||||||
| (1) |
All payments on or in respect of the Notes to be made by bank wire transfer of Federal or other immediately available funds to:
The Chase/NYC/CTR BNF=CIGNA Private Placements/AC= 9009001802 ABA#000000000 On Order of: Heritage Operating, L.P. PPN Number: [Insert} 7.21% Series G Senior Secured Notes due May 15, 2008 in the aggregate principal amount of $26,500, 000 as payable to Cig & Co. c/o CIGNA Investments, Inc. |
G |
$3,000,0002
$3,000,000 | |||||
| (2) |
All notices related to payments to:
Cig & Co. c/o CIGNA Investments, Inc. Attention: Securities Processing S-309 000 Xxxxxxx Xxxxx Xxxx Xxxxxxxx, XX 00000-0000 and: Cig & Co. c/o CIGNA Investments, Inc. Attention: Private Securities — S307 Operations Group 000 Xxxxxxx Xxxxx Xxxx Xxxxxxxx, XX 00000-0000 Fax: (000) 000-0000
with a copy to:
Chase Manhattan Bank Private Placement Servicing X.X. Xxx 0000 Xxxxxxx Xxxxx Xxxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: CIGNA Private Placements Fax: (000) 000-0000/1005 |
|||||||
| 2 | CIGNA is requesting three (3) Series G Senior Secured Notes of $3,000,000, $3,000,000 and $1,000,000. |
| (3) |
All other notices and communications to:
Cig & Co. c/o CIGNA Investments, Inc. Attention: Private Securities Division - S-307 000 Xxxxxxx Xxxxx Xxxx Xxxxxxxx, Xxxxxxxxxxx 00000-0000 Fax: (000) 000-0000 |
|||||
| (4) |
Tax I.D. No.: 00-0000000 |
|||||
| (5) |
Nominee name: Cig & Co. |
|||||
| Name of Purchaser |
Series and Principal Amount of Notes being Purchased | |||||
| CONNECTICUT GENERAL LIFE INSURANCE COMPANY on behalf of one or more separate accounts | Series | Principal Amount | ||||
| (1) |
All payments on or in respect of the Notes to be made by bank wire transfer of Federal or other immediately available funds to:
The Chase/NYC/CTR BNF=CIGNA Private Placements/AC= 9009001802 ABA#000000000 On Order of: Heritage Operating, L.P. PPN Number: [Insert} 7.21% Series G Senior Secured Notes due May 15, 2008 in the aggregate principal amount of $26,500,000 as payable to Cig & Co. c/o CIGNA Investments, Inc. |
G | $1,000,0003 | |||
| (2) |
All notices related to payments to:
Cig & Co. c/o CIGNA Investments, Inc. Attention: Securities Processing S-309 000 Xxxxxxx Xxxxx Xxxx Xxxxxxxx, XX 00000-0000 and: Cig & Co. c/o CIGNA Investments, Inc. Attention: Private Securities — S307 Operations Group 000 Xxxxxxx Xxxxx Xxxx Xxxxxxxx, XX 00000-0000 Fax: (000) 000-0000 with a copy to: Chase Manhattan Bank Private Placement Servicing X.X. Xxx 0000 Xxxxxxx Xxxxx Xxxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: CIGNA Private Placements Fax: (000) 000-0000/1005 |
|||||
| (3) |
All other notices and communications to: |
|||||
| 3 | CIGNA is requesting three (3) Series G Senior Secured Notes of $3,000,000, $3,000,000 and $1,000,000. |
| Cig & Co. c/o CIGNA Investments, Inc. Attention: Private Securities Division - S-307 000 Xxxxxxx Xxxxx Xxxx Xxxxxxxx, Xxxxxxxxxxx 00000-0000 Fax: (000) 000-0000 |
||||||
| (4) |
Tax I.D. No.: 00-0000000 | |||||
| (5) |
Nominee name: Cig & Co. | |||||
| Name of Purchaser |
Series and Principal Amount of Notes being Purchased | |||||
| PHOENIX HOME LIFE MUTUAL INSURANCE COMPANY, PHOENIX INVESTMENT PARTNERS, LTD. |
Series | Principal Amount | ||||
| (1) |
All payments on or in respect of the Notes to be made by bank wire transfer of Federal or other immediately available funds to:
ABA: 021 000 021 Chase Manhattan Bank, N.A. New York, NY Account. No. 900 9000 200 Account Name: Income Processing G05689, Phoenix Home On Order of: Heritage Operating, L.P. PPN Number: [insert} 7.89% Series H Senior Secured Notes due May 15, 2016 in the aggregate principal amount of $27,500,000 and payable to Phoenix Home Life Universal Portfolio c/o Phoenix Investment Partners |
H | $1,500,000 | |||
| (2) |
All notices of such payments and other instructions and written confirmation of such wire transfer and all other notices and communications to:
Phoenix Home Life Mutual Insurance Company c/o Phoenix Investment Partners, LTD. 00 Xxxxxxxx Xxxxxx Xxxxxxxx, XX 00000-0000 Attention: Private Placement Division |
|||||
| (3) |
Tax I.D. No.: 00-0000000 |
|||||
| Name of Purchaser |
Series and Principal Amount of Notes being Purchased | ||||||
| PHOENIX HOME LIFE MUTUAL INSURANCE COMPANY, PHOENIX INVESTMENT PARTNERS, LTD. | Series | Principal Amount | |||||
| (1) |
All payments on or in respect of the Notes to be made by bank wire transfer of Federal or other immediately available funds to:
ABA: 021 000 021 Chase Manhattan Bank, N.A. New York, NY Account. No. 900 9000 200 Account Name: Income Processing G07185, Phoenix Home On Order of: Heritage Operating, L.P. PPN Number: [insert} 7.89% Series H Senior Secured Notes due May 15, 2016 in the aggregate principal amount of $27,500,000 and PHL Confederated Life Insurance Company c/o Phoenix Investment Partners |
H | $ | 1,500,000 | |||
| (2) |
All notices of such payments and other instructions and written confirmation of such wire transfer and all other notices and communications to:
Phoenix Home Life Mutual Insurance Company c/o Phoenix Investment Partners, LTD. 00 Xxxxxxxx Xxxxxx Xxxxxxxx, XX 00000-0000 Attention: Private Placement Division |
||||||
| (3) |
Tax I.D. No.: 00-0000000 | ||||||
| Name of Purchaser |
Series and Principal Amount of Notes being Purchased | ||||||
| PHOENIX HOME LIFE MUTUAL INSURANCE COMPANY, PHOENIX INVESTMENT PARTNERS, LTD. | Series | Principal Amount | |||||
| (1) | All payments on or in respect of the Notes to be made by bank wire transfer of Federal or other immediately available funds to:
ABA: 021 000 021 Chase Manhattan Bank, N.A. New York, NY Account. No. 900 9000 200 Account Name: Income Processing G05123, Phoenix Home On Order of: Heritage Operating, L.P. PPN Number: [insert} 7.89% Series H Senior Secured Notes due May 15, 2016 in the aggregate principal amount of $27,500,000 and payable to Phoenix Home Life General Account/Closed Block Portfolio |
H | $ | 2,000,000 | |||
| (2) |
All notices of such payments and other instructions and written confirmation of such wire transfer and all other notices and communications to:
Phoenix Home Life Mutual Insurance Company Phoenix Investment Partners, LTD. c/o 00 Xxxxxxxx Xxxxxx Xxxxxxxx, XX 00000-0000 Attention: Private Placement Division |
||||||
| (3) | Tax I.D. No.: 00-0000000 | ||||||
| Name of Purchaser |
Series and Principal Amount of Notes being Purchased | ||||||
| C.M. LIFE INSURANCE COMPANY c/o MASSACHUSETTS MUTAL LIFE INSURANCE COMPANY | Series | Principal Amount | |||||
| (1) | All payments on account of the Note shall be made by crediting in the form of bank wire transfer of Federal or other immediately available funds (identifying each payment as “Heritage Operating, L.P., 7.21% Series G Senior Secured Notes due May 15, 2008, PPN [insert], interest and principal”) to:
Citibank, N.A. 000 Xxxx Xxxxxx Xxx Xxxx, XX 00000 ABA No. 000000000 For Segment 43 - Universal Life Account No. 4068-6561 7.21% Series G Senior Secured Notes due May 15, 2008 in the aggregate principal amount of $26,500,000 and payable to C.M. Life Insurance Company c/o Massachusetts Mutual Life Insurance Company |
G | $ | 1,000,000 | |||
| (2) |
Telephone advice of payment to:
Securities Custody and Collection Department Xxxxx X. Xxxxxx & Company Phone: (000) 000-0000 or (000) 000-0000 |
||||||
| (3) |
Send notices on payments to:
C.M. Life Insurance Company c/o Xxxxx X. Xxxxxx & Company, Inc. 0000 Xxxxx Xxxxxx Xxxxxxxxxxx, XX 00000 Attention: Securities Custody and Collection Department - F381 |
||||||
| (4) |
Send all other communications and notices to:
C.M. Life Insurance Company c/o Xxxxx X. Xxxxxx & Company, Inc. 0000 Xxxxx Xxxxxx Xxxxxxxxxxx, XX 00000 Attention: Securities Investment Division |
||||||
| (5) | Tax I.D. No.: 00-0000000 | ||||||
| Name of Purchaser |
Series and Principal Amount of Notes being Purchased | ||||||
| MASSACHUSETTS MUTAL LIFE INSURANCE COMPANY | Series | Principal Amount | |||||
| (1) | All payments on account of the Note shall be made by crediting in the form of bank wire transfer of Federal or other immediately available funds (identifying each payment as “Heritage Operating, L.P., 7.21% Series G Senior Secured Notes due May 15, 2008, PPN [insert], interest and principal”) to:
Chase Manhattan Bank, N.A. 0 Xxxxx XxxxxXxxx Xxxxxx Xxx Xxxx, XX 00000 ABA No. 000000000 For MassMutual IFM Non-Traditional Account No. 910-0000000 7.21% Series G Senior Secured Notes due May 15, 2008 in the aggregate principal amount of $26,500,000 and payable to Massachusetts Mutual Life Insurance Company |
G | $ | 1,000,000 | |||
| (2) |
Telephone advice of payment to:
Securities Custody and Collection Department Xxxxx X. Xxxxxx & Company Phone: (000) 000-0000 or (000) 000-0000 |
||||||
| (3) |
Send notices on payments to:
Massachusetts Mutual Life Insurance Company c/o Xxxxx X. Xxxxxx & Company, Inc. 0000 Xxxxx Xxxxxx Xxxxxxxxxxx, XX 00000 Attention: Securities Custody and Collection Department - F381 |
||||||
| (4) |
Send all other communications and notices to:
Massachusetts Mutual Life Insurance Company c/o Xxxxx X. Xxxxxx & Company, Inc. 0000 Xxxxx Xxxxxx Xxxxxxxxxxx, XX 00000 Attention: Securities Investment Division |
||||||
| (5) | Tax I.D. No.: 00-0000000 | ||||||
| Name of Purchaser |
Series and Principal Amount of Notes being Purchased | ||||||
| MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY | Series | Principal Amount | |||||
| (1) | All payments on account of the Note shall be made by crediting in the form of bank wire transfer of Federal or other immediately available funds (identifying each payment as “Heritage Operating, L.P., 7.21% Series G Senior Secured Notes due May 15, 2008, PPN [insert], interest and principal”) to:
Chase Manhattan Bank, N.A. 0 Xxxxx XxxxxXxxx Xxxxxx Xxx Xxxx, XX 00000 ABA No. 000000000 For MassMutual Pension Management Account No. 910-0000000 7.21% Series G Senior Secured Notes due May 15, 2008 in the aggregate principal amount of $26,500,000 and payable to Massachusetts Mutual Life Insurance Company |
G | $ | 1,000,000 | |||
| (2) |
Telephone advice of payment to:
Securities Custody and Collection Department Xxxxx X. Xxxxxx & Company Phone: (000) 000-0000 or (000) 000-0000 |
||||||
| (3) |
Send notices on payments to:
Massachusetts Mutual Life Insurance Company c/o Xxxxx X. Xxxxxx & Company, Inc. 0000 Xxxxx Xxxxxx Xxxxxxxxxxx, XX 00000 Attention: Securities Custody and Collection Department - F381 |
||||||
| (4) |
Send all other communications and notices to:
Massachusetts Mutual Life Insurance Company c/o Xxxxx X. Xxxxxx & Company, Inc. 0000 Xxxxx Xxxxxx Xxxxxxxxxxx, XX 00000 Attention: Securities Investment Division |
||||||
| (5) | Tax I.D. No.: 00-0000000 | ||||||
| Name of Purchaser |
Series and Principal Amount of Notes being Purchased | ||||||
| MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY | Series | Principal Amount | |||||
| (1) |
All payments on account of the Note shall be made by crediting in the form of bank wire transfer of Federal or other immediately available funds, (“identifying each payment as “Heritage Operating, L.P., 7.21% Series G Senior Secured Notes due May 15, 2008, PPN [insert], interest and principal”), to:
Citibank, N.A. 000 Xxxx Xxxxxx Xxx Xxxx, XX 00000 ABA No. 000000000 For MassMutual Long-Term Pool Account No. 4067-3488 7.21% Series G Senior Secured Notes due May 15, 2008 in the aggregate principal amount of $26, 500,000 and payable to Massachusetts Mutual Life Insurance Company |
G | $ | 4,000,000 | |||
| (2) |
Telephone advice of payment to:
Securities Custody and Collection Department Xxxxx X. Xxxxxx & Company Phone: (000) 000-0000 or (000) 000-0000 |
||||||
| (3) |
Send notices on payments to:
Massachusetts Mutual Life Insurance Company c/o Xxxxx X. Xxxxxx & Company, Inc. 0000 Xxxxx Xxxxxx Xxxxxxxxxxx, XX 00000 Attention: Securities Custody and Collection Department - F381 |
||||||
| (4) |
Send all other communications and notices to:
Massachusetts Mutual Life Insurance Company c/o Xxxxx X. Xxxxxx & Company, Inc. 0000 Xxxxx Xxxxxx Xxxxxxxxxxx, XX 00000 Attention: Securities Investment Division |
||||||
| (5) |
Tax I.D. No.: 00-0000000 | ||||||
Exhibit A-7
HERITAGE OPERATING, L.P.
% Series Note
Due
| No. |
May 24, 2001 | |
| $ |
||
| PPN: 42726# AP 6 |
||
HERITAGE OPERATING, L.P. a Delaware limited partnership (the “Company”) for value received, hereby promises to pay to , or registered assigns, on the day of , the principal amount of ($ ), and to pay interest (computed on the basis of a 360-day year of twelve 30-day months) on the principal amount from time to time remaining unpaid at the rate of % per annum from the date hereof until maturity, payable quarterly on the 15th day of each February, May, August and November in each year commencing on August 15, 2001, and at maturity. The Company agrees to pay interest on overdue principal (including any overdue optional prepayment of principal) and premium, if any, and to, the extent permitted by law, on any overdue installment of interest, payable quarterly as aforesaid (or, at the option of the holder hereof, on demand) at a rate per annum from time to time equal to the greater of (i) 9.89% or (ii) 2% over the rate of interest publicly announced by Xxxxxx Guaranty Trust Company in New York City as its “prime rate” until paid. Both the principal hereof and interest hereon are payable at the principal office of Xxxxxx Guaranty Trust Company of New York, in New York, New York in coin or currency of the United States of America which at the time of payment shall be legal tender for the payment of public and private debts.
This Promissory Note is one of the % Series Notes due , (the “Series Notes”) of the Company in the aggregate principal amount of $ issued under and pursuant to the terms and provisions of the Note Purchase Agreement dated as of August 10, 2000 (the “Agreement”), entered into by the Company with the Initial Purchasers therein referred to, and a Supplemental Note Purchase Agreement dated as of May 24, 2001 entered into by the Company with the Supplemental Purchasers (as such term is defined in the Agreement) named therein. Under and pursuant to said Agreement the Company has heretofore issued Series A Notes, Series B Notes, Series C Notes, Series D Notes, Series E Notes and Series F Notes, and intends to issue simultaneously with the Series I Notes, the Series G Notes and Series H Notes in the aggregate (the “Issued Notes”) (the Issued Notes and the Series Notes are hereinafter collectively referred to as the “Notes”). The aggregate principal amount of all notes issued under the Agreement shall not exceed $ . This Series Note and the holder hereof are entitled equally and ratably with the holders of all other Notes outstanding under the Agreement to all the benefits provided for thereby or referred to therein. Reference is hereby made to the Agreement for a statement of such rights and benefits.
This Series Note and the other Notes outstanding under the Agreement may be declared due prior to their expressed maturity dates, all in the events, on the terms and in the manner and amounts as provided in the Agreement.
The Notes are not subject to prepayment or redemption at the option of the Company prior to their expressed maturity dates except on the terms and conditions and in the amounts and with the premium, if any, set forth in the Agreement, including the Supplemental Note Purchase Agreement.
This Series Note is secured pursuant to the Security Agreement (as defined in the Agreement) and, subject to the Intercreditor Agreement (as defined in the Agreement), is entitled to the benefits thereof.
This Series Note is registered on the books of the Company and is transferable only by surrender thereof at the principal office of the Company duly endorsed or accompanied by a written instrument of transfer duly executed by the registered holder of this Series Note or its attorney duly authorized in writing. Payment of or on account of principal, premium, if any, and interest on this Series Note shall be made only to or upon the order in writing of the registered holder.
This Series Note shall be governed by the laws of the State of New York.
| HERITAGE OPERATING, L.P. | ||
| By: |
| |
| By: |
| |
| Name: |
| |
| Title: |
| |
