SUPPLEMENTAL INDENTURE
EXHIBIT 4.1
This First Supplemental Indenture dated as of October 19, 2005 (this
“Supplemental Indenture”) is by and among:
US LEC OF NEW YORK INC., a North Carolina corporation,
(hereinafter referred to as the “Guaranteeing Subsidiary”), US LEC Corp., a Delaware corporation,
(the “Company”), the other Guarantors (as listed on the signature page of the Existing Indenture
referred to below) (the “Existing Guarantors”) and U.S. BANK NATIONAL ASSOCIATION, as trustee under
the Indenture referred to below (the “Trustee”).
WITNESSETH
Whereas, the Company and the Existing Guarantors have executed and delivered to the
Trustee an Indenture dated as of September 30, 2004, among the parties listed on the signature
pages thereto (the “Existing Indenture” and, as supplemented, the “Indenture”) providing for the
issuance of the Company’s Second Priority Senior Secured Floating Rate Notes due 2009 (the
“Notes”); and
Whereas, the Existing Indenture provides that under certain circumstances the
Guaranteeing Subsidiary shall execute and deliver to the Trustee a supplemental indenture pursuant
to which the Guaranteeing Subsidiary shall guarantee all of the Indenture Obligations under the
Notes and the Indenture on the terms and conditions set forth herein and under the Indenture; and
Now Therefore, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, the Guaranteeing Subsidiary and the
Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes
as follows:
Section 1. Capitalized Terms. Capitalized terms used herein without definition shall have
the meanings assigned to them in the Existing Indenture.
Section 2. Agreement to Guarantee. The Guaranteeing Subsidiary hereby agrees to guarantee
the Existing Indenture and the Notes related thereto pursuant to the terms and conditions of
Article Eleven of the Existing Indenture, such Article Eleven being incorporated by reference
herein as if set forth at length herein.
Section 3. References to Guarantors. All references to Guarantors in the Indenture shall be
deemed to include the Guaranteeing Subsidiary.
Section 4. NEW YORK LAW TO GOVERN. THE INTERNAL LAWS OF THE STATE OF NEW YORK SHALL GOVERN
AND BE USED TO CONSTRUE THIS SUPPLEMENTAL INDENTURE BUT WITHOUT GIVING EFFECT TO APPLICABLE
PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER
JURISDICTION WOULD BE REQUIRED THEREBY.
Section 5. Incorporation by Reference. This Supplemental Indenture shall be construed as
supplemental to the Existing Indenture and shall form a part thereof, and the Existing Indenture is
hereby incorporated by reference herein.
Section 6. 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.
Section 7. Effect of Headings. The Section headings herein are for convenience only and
shall not affect the construction hereof.
Section 8. The Trustee. The Trustee shall not be responsible in any manner whatsoever for or
in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of
the recitals contained herein, all of which recitals are made solely by the Guaranteeing Subsidiary
and the Company.
IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly
executed and attested, all as of the day and year first above written.
US LEC CORP. | ||||||||
By: | /s/ J. Xxxx Xxxxxxx | |||||||
Name: J. Xxxx Xxxxxxx | ||||||||
Title: Executive Vice President and Chief Financial Officer | ||||||||
Attest: |
/s/ S. Xxxxx Xxxxxx | |||||||
Title: Assistant Secretary |
US LEC OF NORTH CAROLINA INC. | ||||||||
US LEC OF GEORGIA, INC. | ||||||||
US LEC OF TENNESSEE INC. | ||||||||
US LEC OF FLORIDA INC. | ||||||||
US LEC OF SOUTH CAROLINA INC. | ||||||||
US LEC OF ALABAMA INC. | ||||||||
US LEC OF MARYLAND INC. | ||||||||
US LEC OF PENNSYLVANIA INC. | ||||||||
US LEC COMMUNICATIONS INC. | ||||||||
US LEC OF VIRGINIA L.L.C. | ||||||||
US LEC ACQUISITION CO. | ||||||||
US LEC OF NEW YORK INC. | ||||||||
By: | /s/ J. Xxxx Xxxxxxx | |||||||
Name: J. Xxxx Xxxxxxx | ||||||||
Title: Executive Vice President and Chief Financial Officer | ||||||||
Attest: |
/s/ S. Xxxxx Xxxxxx | |||||||
Title: Secretary |
U.S. BANK NATIONAL ASSOCIATION | ||||||
By: | /s/ X. Xxxxxxxx | |||||
Name: | Xxxxxxx Xxxxxxxx | |||||
Title: | Vice President |
STATE OF NORTH CAROLINA
|
) | |||||||
) | ss.: | |||||||
COUNTY OF MECKLENBURG
|
) |
On
the 19th day of October, 2005, before me personally came J. Xxxx
Xxxxxxx, to me
known, who, being by me duly sworn, did depose and say that he resides in Charlotte, NC; that he is
the Executive Vice President and Chief Financial Officer of US LEC Corp., a corporation described in and which executed the foregoing
instrument; and that he signed his name thereto pursuant to authority of the Board of Directors of
such corporation.
(NOTARIAL SEAL) |
||||
/s/ Xxxxxxxx X. X. Xxxxx | ||||
Notary Public Commission Expires 3/14/2009 |
STATE OF NORTH CAROLINA
|
) | |||||||
) | ss.: | |||||||
COUNTY OF MECKLENBURG
|
) |
On the 19th day of October, 2005, before me personally came
J. Xxxx Xxxxxxx,
to me known, who, being by me duly sworn, did depose and say that he resides in Charlotte, NC; that
he is the Executive Vice President and Chief Financial Officer of each of the corporations listed below, corporations described in and
which executed the foregoing instrument; and that he signed his name thereto pursuant to authority
of the Board of Directors of such corporations.
(NOTARIAL | ||||
SEAL) | ||||
/s/ Xxxxxxxx X. X. Xxxxx | ||||
Notary Public Commission Expires 3/14/2009 |
||||
US LEC OF NORTH CAROLINA INC. | ||||
US LEC OF GEORGIA, INC. | ||||
US LEC OF TENNESSEE INC. | ||||
US LEC OF FLORIDA INC. | ||||
US LEC OF SOUTH CAROLINA INC. | ||||
US LEC OF ALABAMA INC. | ||||
US LEC OF MARYLAND INC. | ||||
US LEC OF PENNSYLVANIA INC. | ||||
US LEC COMMUNICATIONS INC. | ||||
US LEC ACQUISITION CO. | ||||
US LEC OF NEW YORK INC. |
STATE OF NORTH CAROLINA
|
) | |||||||
) | ss.: | |||||||
COUNTY OF MECKLENBURG
|
) |
On
the 19th day of October, 2005, before me personally came J. Xxxx
Xxxxxxx, to me
known, who, being by me duly sworn, did depose and say that he resides in Charlotte, NC; that he is
the Executive Vice President and Chief Financial Officer of each of the limited liability companies listed below, limited liability
companies described in and which executed the foregoing instrument; and that he signed his name
thereto pursuant to authority under the operating agreements of such limited liability companies.
(NOTARIAL | ||||
SEAL) | ||||
/s/ Xxxxxxxx X. X. Xxxxx | ||||
Notary Public Commission Expires 3/14/2009 |
||||
US LEC OF VIRGINIA L.L.C. |