Contract
Exhibit 4.1
Execution Version
FIRST SUPPLEMENTAL INDENTURE, dated as of July 25, 2022 (this “Supplemental Indenture”), to the Indenture (as defined below), between FTAI Infra Escrow Holdings, LLC, a Delaware limited liability company (the “Issuer”), and
U.S. Bank Trust Company, National Association, as Trustee (the “Trustee”) and collateral agent (the “Notes Collateral Agent”).
W I T N E S S E T H
WHEREAS, the Issuer has executed and delivered to the Trustee and the Notes Collateral Agent an indenture
(the “Indenture”), dated as of July 7, 2022, providing for the issuance of 10.500% senior secured notes due 2027 (the “Notes”);
WHEREAS, the Issuer wishes to issue $50,000,000 in aggregate principal amount of the Notes (the “Additional Notes”) as “Additional Notes” under the Indenture; and
WHEREAS, pursuant to Sections 2.01, 2.02 and 9.01(9) of the Indenture, the Issuer, the Trustee and the Notes
Collateral Agent may supplement the Indenture to provide for the issuance of Additional Notes without the consent of the Holders.
NOW, THEREFORE, the Issuer, the Trustee and the Notes Collateral Agent agree as follows for the benefit of
each other and for the equal and ratable benefit of the Holders of the Additional Notes:
SECTION 1. Definitions. Unless otherwise
provided herein, the capitalized terms used and not defined herein have the meanings ascribed to such terms in the Indenture.
SECTION 2. Additional Notes. The Additional
Notes are hereby issued under the Indenture, will accrue interest from and including July 7, 2022 and shall be subject to the restrictions on transfer contained in the Indenture and in the Private Placement Legend. The Special Mandatory
Redemption Price with respect to the Additional Notes shall be 100% of the initial issue price of the Additional Notes (excluding for such purpose the amount of accrued interest on the Additional Notes from July 7, 2022 to the date hereof) plus accrued and unpaid interest from the Issue Date to, but excluding, the Special Mandatory Redemption Date.
SECTION 3. Governing Law. THIS SUPPLEMENTAL
INDENTURE WILL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICTS OF LAW PRINCIPLES THEREOF TO THE EXTENT THAT THE APPLICATION OF THE LAW OF ANOTHER JURISDICTION WOULD BE REQUIRED
THEREBY.
SECTION 4. Waiver of Jury Trial. EACH OF THE
ISSUER, THE TRUSTEE AND THE NOTES COLLATERAL AGENT HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS SUPPLEMENTAL INDENTURE.
1
SECTION 5. Benefits of Supplemental Indenture.
Nothing in this Supplemental Indenture shall give to any Person, other than the parties hereto, any Paying Agent, any Transfer Agent, any Registrar and its successors hereunder and the Holders any benefit or any legal or equitable right, remedy
or claim under this Supplemental Indenture.
SECTION 6. Successors. All agreements of the
Issuer in this Supplemental Indenture shall bind its successors. All agreements of the Trustee or any Agent in this Supplemental Indenture shall bind its successors.
SECTION 7. Severability. In case any
provision in this Supplemental Indenture shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.
SECTION 8. Counterpart Originals. 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. The exchange of copies of this Supplemental Indenture and of signature pages by
facsimile or .pdf transmission shall constitute effective execution and delivery of this Supplemental Indenture as to the parties hereto and may be used in lieu of the original Supplemental Indenture and signature pages for all purposes.
[Signatures on following page]
2
IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed, all as
of the date first above written.
|
FTAI INFRA ESCROW HOLDINGS, LLC, as Issuer
|
||
|
By:
|
/s/ Xxxxxx X. Xxxxx, Xx.
|
|
|
Name: Xxxxxx X. Xxxxx, Xx.
|
||
|
Title: President
|
||
|
U.S. BANK NATIONAL ASSOCIATION, as Trustee and as Notes Collateral Agent
|
||
|
By:
|
/s/ Xxxxxx X. Xxxx
|
|
|
Name: Xxxxxx X. Xxxx
|
||
|
Title: Vice President
|
||
[Signature Page to First Supplemental Indenture]
