INITIAL ESCROW RELEASE DATE SUPPLEMENTAL INDENTURE
Exhibit 4.17
INITIAL ESCROW RELEASE DATE SUPPLEMENTAL INDENTURE
SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”) dated as of January 30, 2015, among SAFEWAY INC., a Delaware corporation (“Safeway”), ALBERTSON’S HOLDINGS LLC (or its successor), a Delaware limited liability company (the “Company”), each of the other parties that are signatories hereto as Guarantors (collectively, the “Guarantors”), and WILMINGTON TRUST, NATIONAL ASSOCIATION as trustee under the Indenture referred to below (the “Trustee”) and as collateral agent under the Indenture referred to below (the “Notes Collateral Agent”).
W I T N E S S E T H:
WHEREAS the Company and Saturn Acquisition Merger Sub, Inc., a Delaware corporation (“Merger Sub” and, together with the Company, the “Issuers”), have heretofore executed and delivered to the Trustee an Indenture (as amended, supplemented or otherwise modified, the “Indenture”) dated as of October 23, 2014, providing for the issuance of 7.750% Senior Secured Notes due 2022 (the “Securities”) by the Issuers, initially in the aggregate principal amount of $1,145,000,000;
WHEREAS, substantially concurrently with the closing of the Safeway Acquisition, Merger Sub was merged with and into Safeway, with Safeway surviving such merger as a Wholly Owned Subsidiary of the Company;
WHEREAS, each of the Guarantors is a direct or indirect Wholly Owned Subsidiary of the Company;
WHEREAS Section 4.11 of the Indenture provides that upon the Initial Escrow Release Date, the Issuers are required to cause the Guarantors to execute and deliver to the Trustee a supplemental indenture pursuant to which (i) Safeway shall unconditionally assume Merger Sub’s Obligations under the Securities and the Indenture and (ii) the Guarantors shall unconditionally guarantee, on a joint and several basis, all of the Issuers’ obligations under the Securities pursuant to a Guarantee on the terms and conditions set forth herein; and
WHEREAS pursuant to Section 9.01 of the Indenture, the Trustee and the Company are authorized to execute and deliver this Supplemental Indenture;
NOW THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, Safeway, the Guarantors, the Company, and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Securities as follows:
1. Defined Terms. As used in this Supplemental Indenture, terms defined in the Indenture or in the preamble or recital hereto are used herein as therein defined. The words “herein,” “hereof” and hereby and other words of similar import used in this Supplemental Indenture refer to this Supplemental Indenture as a whole and not to any particular section hereof.
2. Agreement to Assume Obligations. Safeway hereby agrees to unconditionally assume Merger Sub’s Obligations under the Securities and the Indenture on the terms and subject to the conditions set forth in the Indenture and to be bound by all of the obligations and agreements of Merger Sub under the Indenture. For the avoidance of doubt, from the date hereof, the “Issuers” shall refer to the Company and Safeway (together with any of their permitted successors and assigns).
3. Agreement to Guarantee. Each Guarantor hereby agrees, jointly and severally, to unconditionally guarantee the Issuers’ obligations under the Securities on the terms and subject to the conditions set forth in Article 10 of the Indenture and to be bound by all other applicable provisions of the Indenture and the Securities and to perform all of the obligations and agreements of a Guarantor under the Indenture.
4. Ratification of Indenture; Supplemental Indentures Part of Indenture. Except as expressly amended hereby, the Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This Supplemental Indenture shall form a part of the Indenture for all purposes, and every Holder of Securities heretofore or hereafter authenticated and delivered shall be bound hereby.
5. Notices. All notices or other communications to the Guarantors shall be given as provided in Section 13.02 of the Indenture.
6. Governing Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
7. Trustee Makes No Representation. The Trustee makes no representation as to the recitals or the validity or sufficiency of this Supplemental Indenture.
8. Counterparts. 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.
9. Effect of Headings. The Section headings herein are for convenience only and shall not affect the construction thereof.
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IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed as of the date first above written.
ALBERTSON’S HOLDINGS LLC | ||||
By: | /s/ Xxxx Xxxxx | |||
Name: | Xxxx Xxxxx | |||
Title: | Executive Vice President, General Counsel & Secretary |
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ALBERTSON’S LLC | ||||
By: | /s/ Xxxxx XxXxxxxx | |||
Name: | Xxxxx XxXxxxxx | |||
Title: | Group Vice President, Assistant General | |||
Counsel & Assistant Secretary | ||||
SPIRIT ACQUISITION HOLDINGS LLC | ||||
By: | /s/ Xxxxx XxXxxxxxx | |||
Name: | Xxxxx XxXxxxxx | |||
Title: | Group Vice President, Legal | |||
UNITED SUPERMARKETS, L.L.C. | ||||
By: | /s/ Xxxxx XxXxxxxx | |||
Name: | Xxxxx XxXxxxxx | |||
Title: | Group Vice President, Legal |
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GOOD SPIRITS LLC | ||||
FRESH HOLDINGS LLC | ||||
AMERICAN FOOD AND DRUG LLC | ||||
EXTREME LLC | ||||
NEWCO INVESTMENTS, LLC | ||||
NID INVESTMENT PARTNERS, LP | ||||
AMERICAN STORES PROPERTIES LLC | ||||
JEWEL OSCO SOUTHWEST LLC | ||||
SUNRICH MERCANTILE LLC | ||||
ABS REAL ESTATE HOLDINGS LLC | ||||
ABS REAL ESTATE INVESTOR HOLDINGS LLC | ||||
ABS REAL ESTATE CORP. | ||||
ABS REAL ESTATE OWNER HOLDINGS LLC | ||||
ABS MEZZANINE I LLC | ||||
ABS TX INVESTOR GP LLC | ||||
ABS FLA INVESTOR LLC | ||||
ABS TX INVESTOR LP | ||||
ABS SW INVESTOR LLC | ||||
ABS RM INVESTOR LLC | ||||
ABS DFW INVESTOR LLC | ||||
ASP SW INVESTOR LLC | ||||
ABS TX LEASE INVESTOR GP LLC | ||||
ABS FLA LEASE INVESTOR LLC | ||||
ABS TX LEASE INVESTOR LP | ||||
ABS SW LEASE INVESTOR LLC | ||||
ABS RM LEASE INVESTOR LLC | ||||
ASP SW LEASE INVESTOR LLC | ||||
AFDI NOCAL LEASE INVESTOR LLC | ||||
ABS NOCAL LEASE INVESTOR LLC | ||||
ASR TX INVESTOR GP LLC | ||||
ASR TX INVESTOR LP | ||||
ABS REALTY INVESTOR LLC | ||||
ASR LEASE INVESTOR LLC | ||||
By: | /s/ Xxxxx XxXxxxxx | |||
Name: | Xxxxx XxXxxxxx | |||
Title: | Group Vice President, Assistant General Counsel & Assistant Secretary |
[Saturn – Signature Page to Initial Escrow Release Supplemental Indenture]
ABS REALTY LEASE INVESTOR LLC | ||||
ABS MEZZANINE II LLC | ||||
ABS TX OWNER GP LLC | ||||
ABS FLA OWNER LLC | ||||
ABS TX OWNER LP | ||||
ABS TX LEASE OWNER GP LLC | ||||
ABS TX LEASE OWNER LP | ||||
ABS SW OWNER LLC | ||||
ABS SW LEASE OWNER LLC | ||||
LUCKY (DEL) LEASE OWNER LLC | ||||
SHORTCO OWNER LLC | ||||
ABS NOCAL LEASE OWNER LLC | ||||
LSP LEASE LLC | ||||
ABS RM OWNER LLC | ||||
ABS RM LEASE OWNER LLC | ||||
ABS DFW OWNER LLC | ||||
ASP SW OWNER LLC | ||||
ASP SW LEASE OWNER LLC | ||||
NHI TX OWNER GP LLC | ||||
EXT OWNER LLC | ||||
NHI TX OWNER LP | ||||
SUNRICH OWNER LLC | ||||
NHI TX LEASE OWNER GP LLC | ||||
ASR OWNER LLC | ||||
EXT LEASE OWNER LLC | ||||
NHI TX LEASE OWNER LP | ||||
ASR TX LEASE OWNER GP LLC | ||||
ASR TX LEASE OWNER LP | ||||
ABS MEZZANINE III LLC | ||||
ABS CA-O LLC | ||||
ABS CA-GL LLC | ||||
ABS ID-O LLC | ||||
ABS ID-GL LLC | ||||
ABS MT-O LLC | ||||
ABS MT-GL LLC | ||||
ABS NV-O LLC | ||||
ABS NV-GL | ||||
By: | /s/ Xxxxx XxXxxxxx | |||
Name: | Xxxxx XxXxxxxx | |||
Title: | Group Vice President, Assistant General Counsel & Assistant Secretary |
[Saturn – Signature Page to Initial Escrow Release Supplemental Indenture]
ABS OR-O LLC | ||||
ABS OR-GL LLC | ||||
ABS UT-O LLC | ||||
ABS UT-GL LLC | ||||
ABS WA-O LLC | ||||
ABS WA-GL LLC | ||||
ABS WY-O LLC | ||||
ABS WY-GL LLC | ||||
ABS CA-O DCl LLC | ||||
ABS CA-O DC2 LLC | ||||
ABS ID-O DC LLC | ||||
ABS OR-O DC LLC | ||||
ABS UT-O DC LLC | ||||
ABS DFW LEASE/OWNER LLC | ||||
By: | /s/ Xxxxx XxXxxxxx | |||
Name: | Xxxxx XxXxxxxx | |||
Title: | Group Vice President, Assistant General Counsel & Assistant Secretary |
[Saturn – Signature Page to Initial Escrow Release Supplemental Indenture]
USM MANUFACTURING L.L.C. | ||||
LLANO LOGISTICS, INC. | ||||
By: | /s/ Xxx Xxxxxx | |||
Name: | Xxx Xxxxxx | |||
Title: | Vice President, Operations |
[Saturn – Signature Page to Initial Escrow Release Supplemental Indenture]
Effective upon the consummation of the merger of Saturn Acquisition Merger Sub, Inc. with and into Safeway Inc. | ||||
SAFEWAY INC. | ||||
By: | /s/ Xxxxxx Xxxxxx | |||
Name: | Xxxxxx Xxxxxx | |||
Title: | Vice President & Secretary |
[Saturn – Signature Page to Initial Escrow Release Supplemental Indenture]
SAFEWAY NEW CANADA, INC. | ||||
SAFEWAY CORPORATE, INC. | ||||
SAFEWAY STORES 67, INC. | ||||
SAFEWAY DALLAS, INC. | ||||
SAFEWAY STORES 78, INC. | ||||
SAFEWAY STORES 79, INC. | ||||
SAFEWAY STORES 80, INC. | ||||
SAFEWAY STORES 85, INC. | ||||
SAFEWAY STORES 86, INC. | ||||
SAFEWAY STORES 87, INC. | ||||
SAFEWAY STORES 88, INC. | ||||
SAFEWAY STORES 89, INC. | ||||
SAFEWAY STORES 90, INC. | ||||
SAFEWAY STORES 91, INC. | ||||
SAFEWAY STORES 92, INC. | ||||
SAFEWAY STORES 96, INC. | ||||
SAFEWAY STORES 97, INC. | ||||
SAFEWAY STORES 98, INC. | ||||
SAFEWAY DENVER, INC. | ||||
SAFEWAY STORES 44, INC. | ||||
SAFEWAY STORES 45, INC. | ||||
SAFEWAY STORES 46, INC. | ||||
SAFEWAY STORES 47, INC. | ||||
SAFEWAY STORES 48, INC. | ||||
SAFEWAY STORES 49, INC. | ||||
SAFEWAY STORES 58, INC. | ||||
SAFEWAY SOUTHERN CALIFORNIA, INC. | ||||
SAFEWAY STORES 28, INC. | ||||
SAFEWAY STORES 42, INC. | ||||
SAFEWAY STORES 99, INC. | ||||
SAFEWAY STORES 71, INC. | ||||
SAFEWAY STORES 72, INC. | ||||
SSI – AK HOLDINGS, INC. | ||||
DOMINICK’S SUPERMARKETS, LLC | ||||
DOMINICK’S FINER FOODS, LLC | ||||
XXXXXXX’X FOOD MARKETS, INC. | ||||
SAFEWAY GIFT CARDS, LLC | ||||
SAFEWAY HOLDINGS I, LLC | ||||
XXXXXXXXXXXX.XXX, LLC | ||||
By: | /s/ Xxxxx X. Xxxxxx | |||
Name: | Xxxxx X. Xxxxxx | |||
Title: | Vice President & Assistant Secretary |
[Saturn – Signature Page to Initial Escrow Release Supplemental Indenture]
XXXXXXXXXXXX.XXX OPERATING COMPANY, LLC | ||||
THE VONS COMPANIES, INC. | ||||
STRATEGIC GLOBAL SOURCING, LLC | ||||
GFM HOLDINGS LLC | ||||
XXXXXXX’X HOLDINGS, INC. | ||||
SAFEWAY AUSTRALIA HOLDINGS, INC. | ||||
SAFEWAY CANADA HOLDINGS, INC. | ||||
AVIA PARTNERS, INC. | ||||
SAFEWAY PHILTECH HOLDINGS, INC. | ||||
CONSOLIDATED PROCUREMENT SERVICES, INC. | ||||
XXXX-XXXXXXXXX FOODS CO. | ||||
SAFEWAY HEALTH INC. | ||||
LUCERNE FOODS, INC. | ||||
EATING RIGHT LLC | ||||
LUCERNE DAIRY PRODUCTS LLC | ||||
LUCERNE NORTH AMERICA LLC | ||||
O ORGANICS LLC | ||||
DIVARIO VENTURES LLC | ||||
By: | /s/ Xxxxx X. Xxxxxx | |||
Name: | Xxxxx X. Xxxxxx | |||
Title: | Vice President & Assistant Secretary |
[Saturn – Signature Page to Initial Escrow Release Supplemental Indenture]
CAYAM ENERGY, LLC | ||||
GFM HOLDINGS I, INC. | ||||
By: | /s/ Xxxxx X. Xxxxxx | |||
Name: | Xxxxx X. Xxxxxx | |||
Title: | Assistant Vice President & Assistant Secretary |
[Saturn – Signature Page to Initial Escrow Release Supplemental Indenture]
XXXXXXXX’X FAMILY MARKETS LP | ||||
By: GFM HOLDINGS LLC, its general partner | ||||
By: | /s/ Xxxxx X. Xxxxxx | |||
Name: | Xxxxx X. Xxxxxx | |||
Title: | Vice President & Assistant Secretary |
[Saturn – Signature Page to Initial Escrow Release Supplemental Indenture]
XXXXXXX’X FOOD & DRUGS LP | ||||
By: XXXXXXX’X FOOD MARKETS, INC., its general partner | ||||
By: | /s/ Xxxxx X. Xxxxxx | |||
Name: | Xxxxx X. Xxxxxx | |||
Title: | Vice President & Assistant Secretary |
[Saturn – Signature Page to Initial Escrow Release Supplemental Indenture]
XXXXXXX’X MANAGEMENT COMPANY, INC. | ||||
XXXXXXX’X BEVERAGE COMPANY, INC. | ||||
By: | /s/ Xxxxx Xxxxxx | |||
Name: | Xxxxxx Xxxxxx | |||
Title: | Vice President & Assistant Secretary |
[Saturn – Signature Page to Initial Escrow Release Supplemental Indenture]
XXXXXXX’X INVESTMENTS, INC. | ||||
By: | /s/ Xxxxxxxxx X. Xxxxxx | |||
Name: | Xxxxxxxxx X. Xxxxxx | |||
Title: | Vice President & Secretary |
[Saturn – Signature Page to Initial Escrow Release Supplemental Indenture]
WILMINGTON TRUST, NATIONAL ASSOCIATION, AS TRUSTEE AND NOTES COLLATERAL AGENT | ||||
By: | /s/ Xxxxxx X. Field | |||
Name: | Xxxxxx X. Field | |||
Title: | Banking Officer |
[Saturn – Signature Page to Initial Escrow Release Supplemental Indenture]