Exhibit 4.5(b)
FIRST SUPPLEMENTAL INDENTURE, dated as of May 5, 1986, between
X. X. XXXXXX & CO. INCORPORATED, a corporation duly organized and existing under
the laws of the State of Delaware (hereinafter called the "Company") and
MANUFACTURERS HANOVER TRUST COMPANY, a corporation duly organized and existing
under the laws of the State of New York, as Trustee (hereinafter called the
"Trustee", which term shall include any successor trustee appointed pursuant to
Article Six of the Indenture hereinafter referred to).
WITNESSETH:
WHEREAS, the Company and the Trustee have heretofore executed
and delivered the Indenture, dated as of August 15, 1982 (hereinafter called the
"Indenture"), providing for the issuance from time to time of one or more series
of Securities evidencing unsecured indebtedness of the Company (hereinafter
called "Securities"); and
WHEREAS, terms used in this First Supplemental Indenture which
are defined in the Indenture shall have the meanings assigned to them in the
Indenture; and
WHEREAS, pursuant to Section 8.1(d) and (e) of the Indenture,
this First Supplemental Indenture (hereinafter sometimes referred to as this
"Instrument") amends the Indenture in order to permit the principal of, premium,
if any, and interest on Securities issued after the date hereof to be
denominated or payable in units based on or relating to currencies including
European currency Units ("ECU"; references herein to coin or currency to
include, unless otherwise specified or unless the context otherwise requires,
ECU) and to permit the Securities to be issuable in either registered form or in
bearer form with or without Coupons attached;
NOW, THEREFORE;
For and in consideration of the premises and the purchase of
the Securities by the holders thereof, the Company covenants and agrees, for the
equal and proportionate benefit of the respective holders from time to time
hereafter of the Securities, as follows:
ARTICLE ONE
SECTION 1.01. Amendment of Recitals. The last paragraph in the
Recitals is amended to read as follows:
In consideration of the premises and the purchases of the
Securities by the holders thereof, the Issuer and the Trustee mutually
covenant and agree for the equal and proportionate benefit of the
respective holders from time to time of the Securities and of the
Coupons, if any, appertaining thereto as follows:
SECTION 1.02. Amendment of Section 1.1. (a) The following
definition of "Authorized Newspaper" is inserted immediately before the
definition of "Board of Directors":
"Authorized Newspaper" means a newspaper (which, in
the case of the United Kingdom, will, if practicable, be the Financial
Times (London Edition) and, in the
2
case of Luxembourg, will, if practicable, be the Luxemburger Wort) published in
an official language of the country of publication customarily published at
least once a day for at least five days in each calendar week and of general
circulation in the United Kingdom or in Luxembourg, as applicable. If it shall
be impractical in the opinion of the Trustee to make any publication of any
notice required hereby in an Authorized Newspaper, any publication or other
notice in lieu thereof which is made or given with the approval of the Trustee
shall constitute a sufficient publication of such notice.
(b) The following phrase is added at the end of the definition
of "Business Day":
"or a day on which transactions in the currency in which the
Securities are payable are not conducted."
(c) The following definitions of "Coupon", "ECU", "EMS" and
"European communities" are inserted between the definitions of "Corporate Trust
Office" and "Event of Default":
"Coupon" means any interest coupon appertaining to an
Unregistered Security.
"ECU" means the European Currency Unit as define and revised
from time to time by the Council of European Communities.
"EMS" means the European Monetary System.
"European Communities" means the European Economic Community
(the "EEC"), the European Coal and Steel Community and Euratom.
(d) The definition of "Holder" is amended to read in full as
follows:
"Holder", "holder of Securities", "Securityholder" or other
similar terms mean (a) in the case of any Registered Security, the
Person in whose name such Security is registered in the security
register kept by the Issuer for that purpose in accordance with the
terms hereof, and (b) in the case of any Unregistered Security, the of
such Security, or any Coupon appertaining hereto, as the case may be.
(e) The following definition of "Registered security" is
inserted between the definitions of "principal" and "Responsible Officer":
"Registered Security" means any Security registered on the
Security register of the Issuer.
(f) The following definition of "Unregistered Security" is
inserted between the definitions of "Trust Indenture Act of 1939" and "vice
president":
"Unregistered Security" means any Security other than a
Registered Security.
3
SECTION 1.03. Amendment of Section 2.1. (a) The first sentence
of Section 2.1 shall be amended to read in full as follows:
The Securities of each series and the Coupons, if any, to be attached
thereto shall be substantially in such form (not inconsistent with this
Indenture) as shall be established by or pursuant to a resolution of
the Board of Directors or in one or more indentures supplemental
hereto, in each case with such variations as are required or permitted
by this Indenture and may have imprinted or otherwise reproduced
thereon such legend or legends, not inconsistent with the provisions of
this Indenture, as may be required to comply with any law or with any
rules of any securities exchange or to conform to general usage, all as
may be determined by the officers executing such Securities and
coupons, if any, as evidenced by their execution of the Securities and
Coupons.
(b) The phrase "and Coupons" shall be added after the word
"Securities" in the second paragraph of Section 2.1.
SECTION 1.04. Amendment of Section 2.3. (a) Paragraph (8) of
Section 2.3 is amended to read as follows:
(8) if other than denominations of U.S. $1,000 and
any integral multiple thereof, in the case of Registered
Securities, or U.S. $1,000 in the case of the Unregistered
Securities, such denominations in which Securities of the
series shall be issuable;
(b) Paragraphs (11), (12) and (13) of Section 2.3 of the
Indenture are amended to read in full as follows:
(11) if other than such coin or currency of the
United States of America as at the time of payment is legal
tender for payment of public or private debts, the coin or
currency or units based on or relating to currencies
(including ECU) in which payment of the principal of and
interest on the Securities of that series shall be payable;
(12) if the principal of or interest, if any, on the
Securities of that series are to be payable, at the election
of the Issuer or a holder thereof, in a coin or currency or
units based on or relating to currencies (including ECU) other
than that in which the Securities are stated to be payable,
the period or periods within which, and the terms and
conditions upon which, such election may be made;
(13) if the amount of payments of principal of or
interest, if any, on the Securities of the series may be
determined with reference to an index, formula or other method
based on a coin or currency or units based on or relating to
currencies (including ECU) other than that in which the
Securities are stated to be payable, the manner in which such
amounts shall be determined;
(c) Paragraph (14) shall be renumbered to be paragraph (17).
4
(d) The following new paragraphs (14), (15) and (16) are
inserted between paragraphs (13) and (17):
(14) whether the Securities of the series will be
issuable as Registered Securities or Unregistered Securities
(with or without Coupons), or both, any restrictions
applicable to the offer, sale or delivery of Unregistered
Securities and, if other than as provided in Section 2.8, the
terms upon which Unregistered Securities of any series may be
exchanged for Registered Securities of such series and the
terms upon which Registered Securities may be exchanged for
Unregistered Securities of such series;
(15) whether and under what circumstances the Issuer
will pay additional amounts on the Securities of the series
held by a Person who is not a U.S. person in respect of any
tax, assessment or governmental charge withheld or deducted
and, if so, whether the Issuer will have the option to redeem
such Securities rather than pay such additional amounts;
(16) if the Securities of such series are to be
issuable in definitive form (whether upon original issue or
upon exchange of a temporary Security of such series) only
upon receipt of certain certificates or other documents or
satisfaction of other conditions, then the form and terms of
such certificates, documents or conditions; and
SECTION 1.05. Amendment of Section 2.4. (a) he phrase "having
attach-ed thereto appropriate Coupons, if any," shall be inserted after the word
"series" appearing in the first sentence of Section 2.4.
(b) The phrase "and Coupons, if any," shall be inserted after
the word "Securities" in each place in which it appears in Section 2.4.
SECTION 1.06. Amendment of Section 2.5. (a) The phrase "and,
if applicable, each Coupon appertaining thereto" shall be inserted after the
word "Securities" in the first and third sentences of the first paragraph in
Section 2.5.
(b) The phrase "or Coupon" shall be inserted after the word
"Security" in each place in which the word "Security" appears in the second
paragraph of Section 2.5.
(c) The phrase "or Coupons" shall be inserted after the word
"Securities" in each place in which the word "Securities" appears in the second
paragraph of section 2.5.
(d) The phrase "(or the Security to which the coupon so signed
appertains)" shall be inserted after the word "signed" and before the word
"shall" appearing in the second paragraph of Section 2.5.
SECTION 1.07. Amendment of Section 2.6. The following sentence
shall be inserted after the first sentence in Section 2.6:
5
No Coupon shall be entitled to the benefits of this Indenture or shall
be valid or obligatory for any purpose until such certificate by the
Trustee shall have become duly executed on the Security to which such
Coupon appertains.
SECTION 1.08. Amendment of Section 2.7. (a) The first two
sentences appearing in Section 2.7 are hereby amended to read in full as
follows:
The Securities shall be issuable as Registered Securities or
Unregistered Securities in such denominations as shall be specified as
contemplated by Section 2.3. In the absence of any such specifications
with respect to the Registered Securities of any series, Registered
Securities shall be issued in denomination of U.S. $1,000 and any
integral multiples thereof. In the absence of any such specifications
with respect to the Unregistered Securities, Unregistered Securities
shall be issued in denomination of U.S. $1,000.
(b) The second paragraph of Section 2.7 is hereby amended to
read in full as follows:
Each Registered Security shall be dated the date to its
authentication. Each Unregistered Security shall be dated as provided
in the resolution or resolutions of the Board of Directors of the
Issuer or the supplemental indenture referred to in Section 2.3. The
Securities of each series shall bear interest, if any, from the date,
and such interest shall be payable on the dates, established as
contemplated by Section 2.3.
(c) The word "Registered" shall be inserted before the words
"Security" and "Securities" in each place in which the words "Security" and
"Securities" appear in the third paragraph of Section 2.7.
(d) The following paragraph shall be inserted after the last
paragraph appearing in Section 2.7:
Any defaulted interest payable in respect of any
Unregistered Security shall be payable pursuant to such procedures as
may be satisfactory to the Trustee in such manner that there is no
discrimination as between the holders of Registered securities and
Unregistered Securities of the same series and notice of the payment
date therefor shall be given by the Trustee in the name and at the
expense of the Company by publication at least once in an Authorized
Newspaper. In case an Unregistered Security is surrendered for exchange
for a Registered Security after the close of business on any record
date for the payment of defaulted interest and before the opening of
business on the proposed date of payment of such defaulted interest,
the Coupon appertaining to such surrendered Unregistered Security and
due for payment on such proposed date of payment will not be
surrendered with such surrendered Unregistered Security and interest
payable on such proposed date of payment will be made only to the
holder of such Coupon on such proposed date.
SECTION 1.09. Amendment of Section 2.8. (a) The first sentence
of the first paragraph of Section 2.8 is hereby amended to read in full as
follows:
6
The issuer will keep or cause to be kept at an office or agency to be
maintained for the purpose as provided in Section 3.2 a register or
registers for each series of Securities issued hereunder (collectively,
the "Security Register") in which, subject to such reasonable
regulations as it may prescribe, it will register, and will register
the transfer of, or cause the registration of the transfer of,
Registered Securities as in this Article provided.
(b) The word "Registered" shall be inserted before the words
"Security" or "Securities" in each place in which the words "Security" or
"Securities" appear in the second paragraph of Section 2.8.
(c) The following paragraph shall be inserted between the
second and third paragraphs of Section 2.8:
Unregistered Securities (except for any temporary
Unregistered Securities) and Coupons (except for Coupons attached to
any temporary Unregistered Securities) shall be transferable by
delivery.
(d) The word "Registered" shall be inserted before the words
"Security" or "Securities" in each place in which the words "Security" or
"Securities" appear in the paragraph beginning "Any Security".
(e) The following shall be inserted after the last sentence in
the paragraph beginning "Any Security":
If the Securities of any series are issued in both registered and
unregistered form, except as otherwise specified pursuant to Section
2.3, at the option of the Holder thereof, Unregistered Securities of
any series may be exchanged for Registered Securities of such series,
maturity date and interest rate of any authorized denominations and of
a like aggregate principal amount, upon surrender of such Unregistered
Securities to be exchanged at the agency of the Issuer that shall be
maintained for such purpose in accordance with Section 3.2, with, in
the case of Unregistered Securities that have Coupons attached, all
unmatured Coupons and all matured Coupons in default appertaining
thereto, and upon payment, if the Issuer shall so require, of the
charges hereinafter provided. At the option of the Holder thereof, if
Unregistered Securities of any series, maturity date, interest rate and
original issue date are issued in more than one authorized
denomination, except as otherwise specified pursuant to Section 2.3,
such Unregistered securities may be exchanged for Unregistered
Securities of such series, maturity date, interest rate and original
issue date of other authorized denominations and of a like aggregate
principal amount, upon surrender of such Unregistered Securities to be
exchanged at the agency of the Issuer that shall be maintained for such
purpose in accordance with Section 3.2 or as specified pursuant to
Section 2.3, with, in the case of Unregistered Securities that have
Coupons attached, all unmatured Coupons and all matured Coupons in
default thereto appertaining, and upon payment, if the Issuer shall so
require, of the charges hereinafter provided. Unless otherwise
specified pursuant to Section 2.3, Registered Securities of any
7
series may not be exchanged for unregistered Securities of such series.
whenever any Securities and the Coupons appertaining thereto, if any,
are so surrendered for exchange, the Issuer shall execute, and the
Trustee shall authenticate and deliver, the Securities and the Coupons
appertaining thereto, if any, which the Holder making the exchange is
entitled to receive.
Notwithstanding the foregoing, in case an Unregistered
Security of any series is surrendered at any such office or agency in
exchange for a Registered Security of the same series after the close
of business at such office or agency on any record date and before the
opening of business at such office or agency on the relevant interest
payment date, such Unregistered Security shall be surrendered without
the Coupon relating to such interest payment date or proposed date of
payment, as the case may be.
(f) The word "Registered" shall be inserted before the word
"Securities" in the paragraph beginning with the word "All".
(g) The following phrase shall be inserted at the end of the
sixth paragraph of Section 2.8:
and except that an Unregistered security may be exchanged for
a Registered Security of the same series if such Registered
Securities is immediately surrendered for redemption.
(h) The following paragraph shall be inserted as the last
paragraph in Section 2.8:
Notwithstanding anything herein or in the terms of any series
of Securities to the contrary, neither the Issuer nor the Trustee
(which shall rely on an Officers' Certificate and an Opinion of
Counsel) shall be required to exchange any Unregistered Security for a
Registered Security if such exchange would result in adverse Federal
income tax consequences to the Issuer (including, without limitation,
the inability of the Issuer to deduct from its income, as computed for
Federal income tax purposes, the interest payable on the Unregistered
Securities) under then applicable United States Federal income tax
laws.
SECTION 1.10. Amendment of Section 2.9. (a) The phrase "or any
Coupon appertaining to any Security" shall be inserted after the word "Security"
appearing in the first sentence of Section 2.0.
(b) The following phrase shall be inserted after the phrase
"so destroyed, lost or stolen" appearing in the first sentence of section 2.9:
with Coupons corresponding to the Coupons appertaining to the security
so mutilated, defaced, destroyed, lost or stolen, or in exchange or
substitution for the Security to which such mutilated, defaced,
destroyed, lost or stolen Coupon appertained, with Coupons appertaining
thereto corresponding to the Coupons so mutilated, defaced, destroyed,
lost or stolen.
8
(c) The phrase "or Coupon" shall be inserted after the word
"Security" appearing in the second sentence of the first paragraph of Section
2.9.
(d) In the second and third paragraphs of Section 2.9, the
phrase "or Coupon" shall be inserted after the word "Security" in each place in
which the word "Security" appears and the phrase "or Coupons" shall be inserted
after the word "Securities" in each place in which the word "Securities"
appears.
(e) In the second paragraph of Section 2.9, the phrase 11, as
the case may xxxx shall be inserted between the words "redemption" and "in".
SECTION 1.11. Amendment of Section 2.10. (a) The phrase "and
Coupons" shall be inserted after the word "Securities" where the word
"Securities" first appears in the first sentence of Section 2.10.
(b) In the second sentence of Section 2.10, the phrase "or
Coupons" shall be inserted after the word "Securities" in each place in which
the word "Securities" appears in Section 2.10.
SECTION 1.12. Amendment of Section 2.11. (a) The second
sentence of Section 2.11 shall be amended to read as follows:
Temporary Securities of any series shall be issuable as Registered
Securities without Coupons, or as Unregistered Securities with or
without Coupons attached thereto, of any authorized denomination, and
substantially in the form of the definitive Securities of such series
but with such omissions, insertions and variations as may be
appropriate for temporary Registered Securities, all as may be
determined by the Issuer with the concurrence of the Trustee.
(b) The fifth sentence of Section 2.11 shall be amended to
read as follows:
Without unreasonable delay the Issuer shall execute and shall furnish
definitive Securities of such series and thereupon temporary Registered
securities of such series may be surrendered in exchange therefor
without charge at each office or agency to be maintained by the Issuer
for that purpose pursuant to Section 3.2 and in the case of
Unregistered Securities together with any unmatured coupons and any
matured Coupons in default appertaining thereto, at any agency
maintained by the Issuer for such purpose as specified pursuant to
Section 2.3, and the Trustee shall authenticate and deliver in exchange
for such temporary Securities of such series a like aggregate principal
amount of definitive Securities of the same series of authorized
denominations and, in the case of Unregistered Securities, having
attached thereto any appropriate Coupons.
(c) In the sixth sentence of Section 2.11, the phrase "and any
unmatured Coupons appertaining thereto" shall be inserted after the word
"series" in each place in which the word "series" appears.
9
(d) The following sentences shall be inserted after the sixth
sentence of Section 2.11:
The provisions of this Section are subject to any restrictions or
limitations an the issue and delivery of temporary Unregistered
Securities of any series that may be established pursuant to Section
2.3 (including any provision that Unregistered Securities of such
series initially be issued in the form of a single global Unregistered
Security to be delivered to a depositary or agency of the Issuer
located outside the United States and the procedures pursuant to which
definitive Unregistered Securities of such series would be issued in
exchange for such temporary global Unregistered Security).
SECTION 1.13. Amendment of Section 3.1. (a) The following
sentences shall be inserted after the first sentence of Section 3.1:
The interest on Unregistered Securities with Coupons attached (together
with any additional amounts payable pursuant to the terms of such
Unregistered Securities) shall be payable only upon presentation and
surrender of the several Coupons for such interest installments as are
evidenced thereby as they severally mature. Except as specified as
contemplated in Section 2.3, the interest on any temporary Unregistered
Securities (together with any additional amounts payable pursuant to
the terms of such temporary Unregistered Securities) shall be paid, as
to the installments of interest evidenced by Coupons attached thereto,
if any, only upon presentation and surrender thereof, and, as to the
other installments of interest, if any, only upon presentation of such
Securities for notation thereon of the payment of such interest.
(b) The word "Registered" shall be inserted before the word
"Securities" in the sentence beginning with the words "Each installment".
SECTION 1.14. Amendment of Section 3.2. (a) The word
"Registered" shall be inserted before the word "Securities" in clauses (a), (b)
and (c) of the first sentence of Section 3.2.
(b) The second sentence of Section 3.2 shall begin as a new
paragraph.
(c) The following paragraph shall be inserted after the first
paragraph of Section 3.2:
The Issuer will maintain one or more agencies in a city or
cities located outside the United States (including any city in which
such an agency is required to be maintained under the rules of any
stock exchange on which the Securities of such series are listed) where
the Unregistered securities, if any, of each series and coupons, if
any, appertaining thereto may be presented and surrendered for payment.
No payment on any Unregistered Security or Coupon will be made upon
presentation of such Unregistered Security or Coupon at an agency of
the Issuer within the United States nor will any payment be made by
transfer to an account in, or by mail to an address in, the United
States unless pursuant to applicable United States laws and regulations
then in effect,
10
such payment can be made without adverse tax consequences to the
Issuer. Notwithstanding the foregoing, payments in U.S. dollars on
Unregistered Securities of any series and Coupons appertaining thereto
which are denominated in U.S. dollars may be made at an agency of the
Issuer maintained in the Borough of Manhattan, The City of New York if
such payment in U.S. dollars at each agency maintained by the Issuer
outside the United States for payment on such Unregistered Securities
is illegal or effectively precluded by exchange controls or other
similar restrictions.
(d) The phrase "and Coupons" shall be inserted after the word
"Securities" in the third paragraph of Section 3.2.
SECTION 1.15. Amendment of Section 3.4. The phrase "or the
Coupons appertaining thereto," shall be inserted after the word "series" where
it last appears in clause (a) of the first paragraph of Section 3.4 and in the
third paragraph of Section 3.4.
SECTION 1.16. Addition of New Section 3.6. The following
Section 3.6 shall be inserted after Section 3.5:
SECTION 3.6. Luxembourg Publications. In the event of
the publication of any notice pursuant to Section 5.11, 6.10(a), 6.11,
8.2, 10.4 or 12.2, the party making such publication in London shall
also, to the extent that notice is required to be given to Holders of
Securities of any series by applicable Luxembourg law or stock exchange
regulation, as evidenced by an officers' Certificate delivered to such
party, make a similar publication in Luxembourg.
SECTION 1.17. Amendment of Section 4.1.
The phrase "and all of the Securities of any series are
Registered Securities," shall be inserted after the word "series" appearing in
the proviso of Section 4.1.
SECTION 1.18. Amendment of Section 4.2. (a) "(i)" shall be
inserted between the words "Securities" and "contained" in the first sentence of
paragraph (a) of Section 4.2.
a comma shall be inserted after 114.111 appearing in the first sentence of
paragraph (a) of Section 4.2 and the remainder of such sentence shall be
replaced by the following:
(ii) received by it in the capacity of Security registrar for such
series, if so acting and (iii) filed with it within the two preceding
years pursuant to 4.4 (c) (ii).
(b) The phrase "and Coupons" shall be inserted after the word
"Securities" where it first appears in clause (c) of Section 4.2.
SECTION 1.19. Amendment of Section 4.4. Clause (c) of Section
4.4 shall be amended to read in full as follows:
(c) Reports pursuant to this Section shall be transmitted by
mail:
11
(i) to all registered Holders of securities, as the names and
addresses of such Holders appear upon the registry books of the Issuer;
(ii) to such other Holders of Securities as have, within two
years preceding such transmission, filed their names and addresses with the
Trustee for that purpose; and
(iii) except in the case of reports pursuant to
subsection-(b), to each Holder of a Security whose name and address are
preserved at the time by the Trustee as provided in Section 4.2(a).
SECTION 1.20. Amendment of Section 5.2. (a) The phrase ", and
such Coupons, if any" shall be inserted after the phrase "on all Securities of
such series" appearing in the first paragraph of Section 5.2.
(b) The word "registered" shall be deleted in the second
paragraph of Section 5.2.
(c) The phrase "or Coupons appertaining to such Securities"
shall be inserted after the word "series" appearing in the fourth paragraph of
Section 5.2.
(d) The phrase "or Coupons appertaining to such Securities,"
shall be inserted after the word "Securities" in each place in which the word
"Securities" appears in the fifth and sixth paragraphs of Section 5.2.
SECTION 1.21. Amendment of Section 5.3. The phrase "and
Coupons appertaining to such securities" shall be inserted after the word
"Securities" where it first appears in the first paragraph of Section 5.3.
SECTION 1.22. Amendment of Section 5.6. (a) The phrase "or of
any Coupon appertaining thereto" shall be inserted after the word "series" where
it first appears in Section 5.6.
(b) The phrase "or Coupon" shall be inserted after the word
"Security" and the phrase "or Coupons appertaining to such Securities" shall be
inserted after the word "series" in each place in which the words "Security" or
"series", as the case may be, appear after the semi-colon in the first sentence
of Section 5.6.
SECTION 1.23. Amendment of Section 5.7. The phrase "or Coupon"
shall be inserted after the word "Security" in each place in which the word
"Security" appears in Section 5.7.
SECTION 1.24. Amendment of Section 5.11. (a) The portion of
the first sentence of Section 5.11 beginning with the first word appearing
therein through and including the word "thereof" shall be deleted and replaced
by the following:
The Trustee shall, within 90 days after the occurrence of a default
with respect to the Securities of any series known to the Trustee,
provide notice to the Holders of
12
Securities of such series and Coupons appertaining thereto, if any, (i)
if any Unregistered Securities of that series are then Outstanding, to
the Holders thereof, by publication at least once in an Authorized
Newspaper in London (and, if required by Section 3.6, at least once in
an Authorized Newspaper in Luxembourg), (ii) if any Unregistered
Securities of that series are then outstanding, to all Holders thereof
who have filed their names and addresses with the Trustee pursuant to
Section 4.4(c)(ii), by mailing such notice to such Holders at such
addresses and (iii) to all Holders of then Outstanding Registered
Securities of that series, by mailing such notice to such Holders at
their addresses as they shall appear in the registry books,
SECTION 1.25. Amendment of Section 5.12. The phrase "or
Coupon" shall be inserted after the word "Security" in each place in which the
word "Security" appears in Section 5.12.
SECTION 1.26. Amendment of Section 6.3. The phrase "or
Coupons" shall be inserted after the word "Securities" in each place in which
the word "Securities" appears in the first and second sentences of Section 6.3.
SECTION 1.27. Amendment of Section 6.4. The phrase "or
Coupons" shall be inserted after the word "Securities" appearing in section 6.4
and in the heading thereto.
SECTION 1.28. Amendment of Section 6.6. The phrase "or
Coupons" shall be inserted after the word "Securities" in each place in which it
appears in the last sentence of Section 6.6.
SECTION 1.29. Amendment of Section 6.8. Paragraph (b) of
Section 6.8 is amended to read in full as follows:
In the event that the Trustee shall fail to comply with the
provisions of subsection (a) of this Section, the Trustee
shall, within 10 days after the expiration of such 90 day
period, provide notice of such failure to the Securityholders
in the manner and to the extent required by Section 4.4(c)
SECTION 1.30. Amendment of Section 6.10. The following shall
be inserted after the word "and" and before the word "by" appearing in the first
sentence of the first paragraph of Section 6.10:
(i) if any Unregistered Securities of a series affected are then
Outstanding, by giving notice of such resignation to the Holders
thereof, by publication at least once in an Authorized Newspaper in
London (and, if required by Section 3.6, at least once in an Authorized
Newspaper in Luxembourg), (ii) if any Unregistered Securities of a
series affected are then Outstanding, by mailing notice of such
resignation to the Holders thereof who have filed their names and
addresses with the Trustee pursuant to Section 4.4(c)(ii) at such
addresses as were so furnished to the Trustee and (iii) if any
Registered Securities of a series affected are then outstanding,
13
SECTION 1.31. Amendment of Section 6.11. (a) The word "the"
immediately preceding the word "Holders" appearing in the first sentence of the
fourth paragraph of Section 6.11 shall be changed to the word "such".
(b) The following shall be inserted after the word "thereof"
and before the word "by" appearing in the first sentence of the fourth paragraph
of Section 6.11:
(a) if any Unregistered Securities of a series affected are then
Outstanding, to the Holders thereof, by publication of such notice at
least once in an Authorized Newspaper in London (and, if required by
Section 3.8, at least once in an Authorized Newspaper in Luxembourg),
(b) if any Unregistered Securities of a series affected are then
Outstanding, to the Holders thereof who have filed their names and
addresses with the Trustee pursuant to Section 4.4(c)(ii), by mailing
such notice to such Holders at such addresses as were so furnished to
the Trustee (and the Trustee shall make such information available to
the Issuer for such purpose) and (c) if any Registered Securities of a
series affected are then outstanding, to the Holders of Registered
Securities of each series affected,
SECTION 1.32. Amendment of Section 7.2. Section 7.2 is amended
to read in full as follows:
Subject to Sections 6.1 and 6.2, the fact and date of the execution of
any instrument by a Securityholder or his agent or proxy and the amount
and numbers of Securities of any series held by the person so executing
any instrument by a Securityholder or his agent or proxy and the amount
and numbers of any Security or Securities for such series may also be
proven in accordance with such reasonable rules and regulations as may
be prescribed by the Trustee for such series or in any other manner
which the Trustee for such series may deem sufficient.
SECTION 1.33. Amendment of Section 7.3. (a) The following
sentence shall be inserted after the first sentence of Section 7.3:
The Issuer, the Trustee and any agent of the Issuer or the Trustee may
treat the Holder of any Unregistered Security and the Holder of any
Coupon as the absolute owner of such Unregistered Security or Coupon
(whether or not such Unregistered Security or Coupon shall be overdue)
for the purpose of receiving payment thereof or on account thereof and
for all other purposes and neither the Issuer, the Trustee, nor any
agent of the Issuer or the Trustee shall be affected by any notice to
the contrary.
(b) The phrase "or Coupon" shall be inserted after the word
"Security" appearing in the last sentence of Section 7.3.
SECTION 1.34. Amendment of Section 8.1. (a) The phrase "or
Coupons" shall be inserted after the word "Securities" where it first appears in
clause (c) of Section 8.1.
14
(b) Clause (e) of Section 8.1 shall be deleted; clause (f)
shall become clause (e) and clause (g) shall become clause (f).
(c) The phrase "or of the Coupons appertaining to such
Securities" shall be inserted after the word "series" in clause (e) of Section
8.1.
SECTION 1.35. Amendment of Section 8.2. (a) The phrase "or the
Coupons appertaining to such Securities" shall be inserted following the phrase
"such series" appearing before the proviso in the first sentence of Section 8.2.
(b) The clause "or change the currency of payment thereof"
shall be replaced by the clause "or change the coin or currency or units based
on or related to currencies (including ECU) of payment thereof".
(c) "(i)" shall be inserted in the fourth paragraph of Section
8.2 between the words "thereof" and "by";
(d) the phrase "Holders of Securities" appearing in the fourth
paragraph of Section 8.2 shall be replaced by the phrase "Holders of then
Outstanding Registered Securities";
(e) the phrase "setting forth in general terms the substance
of such supplemental indenture" appearing in the fourth paragraph of Section 8.2
shall be replaced by the following:
, (ii) 46f any Unregistered Securities of a series affected thereby are
then Outstanding, to the Holders thereof who have filed their names and
addresses with the Trustee pursuant to Section 4.4(c)(ii), by mailing a
notice thereof by first-class mail to such Holders at such addresses as
were so furnished to the Trustee and (iii) if any Unregistered
Securities of a series affected thereby are then Outstanding, to all
Holders thereof, by publication of a notice thereof at least once in an
Authorized Newspaper in London (and, if required by Section 3.6, at
least once in an Authorized Newspaper in Luxembourg), and in each case
such notice shall set forth in general terms the substance of such
supplemental indenture.
SECTION 1.36. Amendment of Section 9.1. The phrase "and
Coupons" shall be inserted after the word "Securities" appearing in Section 9.1.
SECTION 1.37. Amendment of Section 9.2. (a) The phrase
",together with any Coupons appertaining thereto," shall be inserted after the
phrases "under the Securities", "Securities issuable hereunder", "deliver any
Securities", "and any Securities" and "Securities so issued" appearing in the
first paragraph of Section 9.2.
(b) The phrase "and Coupons" shall be inserted after the word
"Securities" appearing in the last sentence of the first paragraph of Section
9.2 and in the second paragraph of Section 9.2.
15
SECTION 1.38. Amendment of Section 10.1. (a) The phrase "and
all unmatured coupons appertaining thereto" shall be inserted after the phrases
"authenticated hereunder", "theretofore authenticated", any Securities of such
series", "all Securities of such series", and "any series" appearing in Section
10.1.
(b) The phrase "and Coupons appertaining thereto" shall be
inserted following the phrases "(other than Securities", and "Securities of such
series". I
(c) The phrase "or Coupons" shall be inserted following the
phrase "Stolen Securities" appearing in clause (ii) of Section 10.1.
(d) The word "Securityholders" shall be replaced with the
phrase "Holders of Securities of such series and Coupons appertaining thereto".
(e) The phrase "and Coupons" shall be inserted following the
word "Securities" in each place in which the word "Securities" appears in the
proviso of the first sentence of Section 10.1.
SECTION 1.39. Amendment of Section 10.2. The phrase "and of
Coupons appertaining thereto" shall be inserted after the word "series"
appearing in Section 10.2.
SECTION 1.40. Amendment of Section 10.4. (a) That portion of
the paragraph beginning "may at the Issuer's expense . . . 11 through the end of
such paragraph shall be deleted and replaced with the following:
with respect to moneys deposited with it for any payment (a) in respect
of Registered Securities of any series, shall at the expense of the
Issuer, mail by first-class mail to Holders of such Securities at their
addresses as they shall appear on the Security register, and (b) in
respect of Unregistered Securities of any series, shall at the expense
of the Issuer cause to be published once, in an Authorized Newspaper in
London (and if required by Section 3.6, once in an Authorized Newspaper
in Luxembourg), notice, that such moneys remain and that, after a date
specified therein, which shall not be less than thirty days from the
date of such mailing or publication, any unclaimed balance of such
money then remaining will be repaid to the Issuer.
SECTION 1.41. Amendment of Section 11.1. The phrase "and the
Coupons appertaining thereto" shall be inserted after the word "Securities" in
each place in which the word "Securities" appears in Section 11.1.
SECTION 1.42. Amendment of Section 11.2. (a) The phrase
"Securityholders" appearing in the heading of Section 11.2 shall be replaced by
the phrase "Holders of Securities and Coupons".
(b) The phrase "or in the Coupons appertaining thereto" shall
be inserted after the word "Securities" and before the word "expressed"
appearing in Section 11.2.
16
(c) The phrase "or Coupons" shall be inserted after the word
"Securities" and before the word "any" appearing in Section 11.2.
SECTION 1.43. Amendment of Section 11.4. (a) in the heading
and the text of Section 11.4, the word "Securityholders" shall be replaced by
the phrase "Holders of Securities and Coupons".
(b) The phrase "or Coupons" shall be inserted after the word
"Securities" appearing in the first sentence of Section 11.4.
SECTION 1.44. Amendment of Section 11.6. The phrase "or any
Coupons appertaining thereto" shall be inserted after the word "series"
appearing in section 11.6.
SECTION 1.45. Amendment of Section 11.8. The phrase "and
Coupon" shall be inserted after the word "Security" appearing in Section 11.8.
SECTION 1.46. Amendment of Section 11.11. Section 11.11 is
amended to read in full as follows:
SECTION 11.11 Securities in Foreign currencies or in
ECU. Whenever this Indenture provides for any action by, or the
determination of any of the rights of, or any distribution to, Holders
of Securities denominated in United States dollars and in any other
currency or currency unit (including ECU), in the absence of any
provision to the contrary in the form of Security of any particular
series, any amount in respect of any Security denominated in a currency
or currency unit (including ECU) other than United States dollars shall
be treated for any such action or distribution as that amount of United
States dollars that could be obtained for such amount on such
reasonable basis of exchange and as of such date as the Issuer may
specify in a written notice to the Trustee or in the absence of such
written notice, as the Trustee shall so determine.
SECTION 1.47. Amendment of Section 12.2 .(a) The word
"Registered" shall be inserted immediately preceding the word "Securities" where
it first appears in Section 12.2.
(b) The following shall be inserted between the first and
second sentences of Section 12.2:
Notice of redemption to the Holders of Unregistered Securities to be
redeemed as a whole or in part, who have filed their names and
addresses with the Trustee pursuant to Section 4.4(c)(ii), shall be
given by mailing notice of such redemption, by first class mail,
postage prepaid, at least thirty days and not more than sixty prior to
the date fixed for redemption, to such Holders at such addresses as
were so furnished to the Trustee (and, in the case of any such notice
given by the Issuer, the Trustee shall make such information available
to the Issuer for such purpose). Notice of redemption to all other
holders of Unregistered Securities shall be published in an Authorized
Newspaper in London (and, if required by Section 3.6, in an Authorized
Newspaper in Luxembourg), in each case, once in
17
each of two successive calendar weeks, the first publication to be not
less than thirty nor more than sixty days prior to the date fixed for
redemption.
(c) The following clause shall be inserted after the phrases
"surrender of such Securities" and "surrender of such Security" appearing in the
second paragraph of Section 12.2:
and, in the case of Securities with Coupons attached thereto, of all
Coupons appertaining thereto maturing after the date fixed for
redemption
SECTION 1.48. Amendment of Section 12.4. (a)The phrase "or
Coupons, as the case may be," shall be inserted after the phrase "new Security
or Securities" appearing in the last sentence of Section 12.2.
SECTION 1.49. Amendment of Section 12.3. (a) The phrase "and
the unmatured Coupons, if any, appertaining thereto shall be void", shall be
inserted after the word "accrue", appearing in the first sentence of the first
paragraph of Section 12.3
(b) The phrase "together with all Coupons, if any,
appertaining thereto maturing after the date fixed for redemption", shall be
inserted between the words "notice," and "said" appearing in the second sentence
of the first paragraph of Section 12.3.
(c) The phrase "with, in the case of any Unregistered
Securities that have Coupons attached, all matured Coupons in default
appertaining thereto" shall be inserted between the words "Securities" and "or"
appearing in the second sentence of the first paragraph of Section 12.3.
(d) The following phrase shall be inserted between the words
"payable" and "to" in the proviso of the first paragraph of Section 12.3:
in the case of Securities with Coupons attached thereto, to the bearers
of the Coupons for such interest upon surrender thereof, and in the
case of Registered Securities,
(e) The following paragraph shall be inserted immediately
following the second paragraph which begins "If any Security called":
If any Security with Coupons attached thereto is surrendered
for redemption and is not accompanied by all appurtenant Coupons
maturing after the date fixed for redemption, the surrender of such
missing Coupon or Coupons may be waived by the Issuer and the Trustee,
if there be furnished to each of them such security or indemnity as
they may require to save each of them harmless.
(f) The phrase "or Coupons appertaining thereto" shall be
inserted after the word "Security" in each place in which the word "Security"
appears in the last paragraph of Section 12.3.
(g) The phrase "together with all Coupons, is any,
appertaining thereto" shall be inserted after the word "series" appearing in the
last paragraph of Section 12.3.
18
SECTION 1.50. Amendment of Section 12.4. (a) The phrase "At
least one Business Day immediately preceding before each sinking fund payment
date, the Issuer shall pay to the Trustee in cash or" shall be inserted
immediately preceding the word "shall" where it first appears on the last page
of the Indenture.
(b) The phrase "mail any" appearing in the first sentence of
the last paragraph of Section 12.4 shall be replaced by the word "provide".
(c) The phrase "or publication" shall be inserted between the
words "'mailing" and "of" appearing in the first sentence of the last paragraph
of Section 12.4.
19
ARTICLE TWO
. This First Supplemental Indenture shall be effective as of
the opening of business on the date first above written upon the execution and
delivery hereof by each of the parties hereto.
. This Instrument shall be governed by and construed in
accordance with the laws of the jurisdiction which govern the Indenture and its
construction.
. This Instrument may be executed in any number of
counterparts each of which shall be an original, but such counterparts shall
together constitute but one and the same instrument.
IN WITNESS WHEREOF, the parties hereto have caused this First
Supplemental 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.
X. X. XXXXXX & CO. INCORPORATED
By________________________________
ATTEST:
___________________
Secretary
MANUFACTURERS HANOVER TRUST
COMPANY, Trustee
By________________________________
Vice President
ATTEST:
_________________________
Trust Officer
20
ARTICLE TWO
SECTION 2.01. This First Supplemental Indenture shall be
effective as of the opening of business on the date first above written upon the
execution and delivery hereof by each of the parties hereto.
SECTION 2.02. This Instrument shall be governed by and
construed in accordance with the laws of the jurisdiction which govern the
Indenture and its construction.
SECTION 2.03. This Instrument may be executed in any number of
counterparts each of which shall be an original, but such counterparts shall
together constitute but one and the same instrument.
IN WITNESS WHEREOF, the parties hereto have caused this First
Supplemental 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.
X. X. XXXXXX & CO. INCORPORATED
By________________________________
ATTEST:
_________________________
Secretary
MANUFACTURERS HANOVER TRUST
COMPANY, Trustee
By________________________________
Vice President
ATTEST:
_________________________
Trust Officer
21
STATE OF NEW YORK )
: ss.:
COUNTY OF NEW YORK )
On the __ day of August 1986, before me personally came
_____________,to me known, who, being by me duly sworn, did depose and say that
he is a _______________ of X. X. XXXXXX & CO. INCORPORATED, 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 it was so affixed by authority of the Board of
Directors of said corporation, and that he signed his name thereto by like
authority.
_______________________________
Notary Public
TABLE OF CONTENTS
PAGE
ARTICLE One.......................................................................................................1
SECTION 1.01. Amendment of Recitals.........................................................1
SECTION 1.02. Amendment of Section 1.1......................................................1
SECTION 1.03. Amendment of Section 2.1......................................................3
SECTION 1.04. Amendment of Section 2.3......................................................3
SECTION 1.05. Amendment of Section 2.4......................................................4
SECTION 1.06. Amendment of Section 2.5......................................................4
SECTION 1.07. Amendment of Section 2.6......................................................5
SECTION 1.08. Amendment of Section 2.7......................................................5
SECTION 1.09. Amendment of Section 2.8......................................................6
SECTION 1.10. Amendment of Section 2.9......................................................7
SECTION 1.11. Amendment of Section 2.10.....................................................8
SECTION 1.12. Amendment of Section 2.11.....................................................8
SECTION 1.13. Amendment of Section 3.1......................................................9
SECTION 1.14. Amendment of Section 3.2......................................................9
SECTION 1.15. Amendment of Section 3.4.....................................................10
SECTION 1.16. Addition of New Section 3.6..................................................10
SECTION 1.17. Amendment of Section 4.1.....................................................10
SECTION 1.18. Amendment of Section 4.2.....................................................10
SECTION 1.19. Amendment of Section 4.4.....................................................11
SECTION 1.20. Amendment of Section 5.2.....................................................11
SECTION 1.21. Amendment of Section 5.3.....................................................11
SECTION 1.22. Amendment of Section 5.6.....................................................12
23
SECTION 1.23. Amendment of Section 5.7.....................................................12
SECTION 1.24. Amendment of Section 5.11....................................................12
SECTION 1.25. Amendment of Section 5.12....................................................12
SECTION 1.26. Amendment of Section 6.3.....................................................12
SECTION 1.27. Amendment of Section 6.4.....................................................12
SECTION 1.28. Amendment of Section 6.6.....................................................13
SECTION 1.29. Amendment of Section 6.8.....................................................13
SECTION 1.30. Amendment of Section 6.10....................................................13
SECTION 1.31. Amendment of Section 6.11....................................................13
SECTION 1.32. Amendment of Section 7.2.....................................................14
SECTION 1.33. Amendment of Section 7.3.....................................................14
SECTION 1.34. Amendment of Section 8.1.....................................................14
SECTION 1.35. Amendment of Section 8.2.....................................................14
SECTION 1.36. Amendment of Section 9.1.....................................................15
SECTION 1.37. Amendment of Section 9.2.....................................................15
SECTION 1.38. Amendment of Section 10.1....................................................15
SECTION 1.39. Amendment of Section 10.2....................................................16
SECTION 1.40. Amendment of Section 10.4....................................................16
SECTION 1.41. Amendment of Section 11.1....................................................16
SECTION 1.42. Amendment of Section 11.2....................................................16
SECTION 1.43. Amendment of Section 11.4....................................................17
SECTION 1.44. Amendment of Section 11.6....................................................17
SECTION 1.45. Amendment of Section 11.8....................................................17
SECTION 1.46. Amendment of Section 11.11...................................................17
SECTION 1.47. Amendment of Section 12.2....................................................17
24
SECTION 1.48. Amendment of Section 12.4....................................................18
SECTION 1.49. Amendment of Section 12.3....................................................18
SECTION 1.50. Amendment of Section 12.4....................................................19
ARTICLE Two......................................................................................................20
ARTICLE Three....................................................................................................21
