Exhibit 10.17
SUPPLEMENTAL INDENTURE
SUPPLEMENTAL INDENTURE (this "Supplemental Indenture") dated as of October
5, 2004 among the entities set forth in the Schedule hereto (collectively, the
"New Guarantors"), BCP Crystal US Holdings Corp. (or its successor), a Delaware
corporation (the "Issuer"), and The Bank of New York, a New York banking
corporation, as trustee under the indenture referred to below (the "Trustee").
RECITALS
WHEREAS, BCP Caylux Holdings Luxembourg S.C.A. (the predecessor of the
Issuer), the Parent Guarantor and the Trustee have heretofore executed an
Indenture (as amended, supplemented or otherwise modified, the "Indenture")
dated as of June 8, 2004, providing for the issuance of the Issuer's U.S.
Dollar-denominated 9 5/8% Senior Subordinated Notes due 2014 (the "Dollar
Notes") and Euro-denominated 10 3/8% Senior Subordinated Notes due 2014 (the
"Euro Notes" and, together with the Dollar Notes, the "Notes");
WHEREAS, Section 11.01 of the Indenture provides that under certain
circumstances the Issuer is required to cause the New Guarantors to execute and
deliver to the Trustee a supplemental indenture pursuant to which the New
Guarantors shall unconditionally guarantee all the Issuer's obligations under
the Notes pursuant to a Senior Subordinated Guarantee on the terms and
conditions set forth herein; and
WHEREAS, pursuant to 9.01 of the Indenture, the Trustee and the Issuer are
authorized to execute and deliver this Supplemental Indenture;
NOW THEREFORE, in consideration of the foregoing and mutual covenants
herein contained and intending to be legally bound, the New Guarantors, the
Issuer, and the Trustee mutually covenant and agree for the equal and ratable
benefit of the holders of the Notes 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, except that the term "holders" in this Supplemental Indenture shall
refer to the term "Holders" as defined in the Indenture and the Trustee acting
on behalf of and for the benefit of such Holders. 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 GUARANTEE. The New Guarantors hereby agree, jointly and
severally with all existing Guarantors (if any), to unconditionally guarantee
the Issuer's obligations under the Notes on the terms and subject to the
conditions set forth in Articles 11 and 12 of the Indenture and to be bound by
all other applicable provisions of the Indenture and the Notes and to perform
all of the obligations and agreements of a Guarantor under the Indenture.
3. NOTICES. All notices or other communications to the New Guarantors
shall be given as provided in 13.02 of 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 Notes heretofore or hereafter
authenticated and delivered shall be bound hereby.
5. GOVERNING LAW. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
6. TRUSTEE MAKES NO REPRESENTATION. The Trustee makes no representation
as to the validity or sufficiency of this Supplemental Indenture.
7. 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.
8. EFFECT OF HEADINGS. The Section headings herein are for convenience
only and shall not affect the construction thereof.
[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]
IN WITNESS WHEREOF, the parties hereto have caused this Supplemental
Indenture to be duly executed as of the date first above written.
BCP CRYSTAL US HOLDINGS CORP.
By: /s/ Xxxxxxxx X. Xxxxxxx
------------------------------------
Name: Xxxxxxxx X. Xxxxxxx
Title: Authorized Person
THE BANK OF NEW YORK, as Trustee
By: /s/ Xxxx Xxxxxx
------------------------------------
Name: Xxxx Xxxxxx
Title: Assistant Vice President
(Supplemental Indenture)
CELANESE ACETATE LLC
By: /s/ Xxxxxxx X. Xxxx
------------------------------------
Name: Xxxxxxx X. Xxxx
Title: Vice President and Treasurer
(Supplemental Indenture)
CELANESE AMERICAS CORPORATION
By: /s/ Xxxxxxx X. Xxxx
------------------------------------
Name: Xxxxxxx X. Xxxx
Title: Vice President, Principal
Financial Officer &
Treasurer
(Supplemental Indenture)
CELANESE CHEMICALS, INC.
By: /s/ Xxxxx X. Xxxxxxx
------------------------------------
Name: Xxxxx X. Xxxxxxx
Title: Vice President
(Supplemental Indenture)
CELANESE FIBERS OPERATIONS, LTD.
By: /s/ Xxxxxxx X. Xxxx
------------------------------------
Name: Xxxxxxx X. Xxxx
Title: Vice President & Treasurer
(Supplemental Indenture)
CELANESE HOLDINGS, INC.
By: /s/ Xxxxxxx X. Xxxx
------------------------------------
Name: Xxxxxxx X. Xxxx
Title: Vice President & Treasurer
(Supplemental Indenture)
CELANESE INTERNATIONAL CORPORATION
By: /s/ D. Xxxxxx Xxxxxxxxx
------------------------------------
Name: D. Xxxxxx Xxxxxxxxx
Title: Vice President & Assistant
Secretary
(Supplemental Indenture)
CELANESE LTD.
By: /s/ D. Xxxxxx Xxxxxxxxx
------------------------------------
Name: D. Xxxxxx Xxxxxxxxx
Title: Vice President & Assistant
Secretary of Celanese
International Corporation,
General Partner of Celanese
Ltd.
(Supplemental Indenture)
CELANESE OVERSEAS CORPORATION
By: /s/ Xxxxxxx X. Xxxx
------------------------------------
Name: Xxxxxxx X. Xxxx
Title: Vice President & Treasurer
(Supplemental Indenture)
CELANESE PIPE LINE COMPANY
By: /s/ D. Xxxxxx Xxxxxxxxx
------------------------------------
Name: D. Xxxxxx Xxxxxxxxx
Title: Vice President & Assistant
Secretary
(Supplemental Indenture)
CELTRAN, INC.
By: /s/ D. Xxxxxx Xxxxxxxxx
------------------------------------
Name: D. Xxxxxx Xxxxxxxxx
Title: Vice President & Assistant
Secretary
(Supplemental Indenture)
CELWOOD INSURANCE COMPANY
By: /s/ Xxxxxxxxx X. Xxxxxxx
------------------------------------
Name: Xxxxxxxxx X. Xxxxxxx
Title: Vice President
(Supplemental Indenture)
CNA FUNDING LLC
By: /s/ Xxxx X. Xxx
------------------------------------
Name: Xxxx X. Xxx
Title: Vice President
(Supplemental Indenture)
CNA HOLDINGS, INC.
By: /s/ Xxxxx X. Xxxxxx
------------------------------------
Name: Xxxxx X. Xxxxxx
Title: Vice President, Principal
Executive Officer &
Secretary
(Supplemental Indenture)
FKAT LLC
By: /s/ Xxxxx X. Xxxxxx
------------------------------------
Name: Xxxxx X. Xxxxxx
Title: Vice President & Secretary
(Supplemental Indenture)
TICONA CELSTRAN, INC.
By: /s/ Xxxxx X. Xxxxxx
------------------------------------
Name: Xxxxx X. Xxxxxx
Title: Vice President & Assistant
Secretary
(Supplemental Indenture)
TICONA FORTRON INC.
By: /s/ Xxxxxxx X. Xxxx
------------------------------------
Name: Xxxxxxx X. Xxxx
Title: Vice President & Treasurer
(Supplemental Indenture)
TICONA LLC
By: /s/ Xxxxx X. Xxxxxx
------------------------------------
Name: Xxxxx X. Xxxxxx
Title: Vice President & Assistant
Secretary
(Supplemental Indenture)
TICONA POLYMERS, INC.
By: /s/ Xxxxx X. Xxxxxx
------------------------------------
Name: Xxxxx X. Xxxxxx
Title: Vice President & Assistant
Secretary
(Supplemental Indenture)
SCHEDULE
NEW GUARANTORS
Celanese Acetate LLC
Celanese Americas Corporation
Celanese Chemicals, Inc.
Celanese Fibers Operations, Ltd.
Celanese Holdings, Inc.
Celanese International Corporation
Celanese Ltd.
Celanese Overseas Corporation
Celanese Pipe Line Company
Celtran, Inc.
Celwood Insurance Company
CNA Funding LLC
CNA Holdings, Inc.
FKAT LLC
Ticona Celstran, Inc.
Ticona Fortron Inc.
Ticona LLC
Ticona Polymers, Inc.
