HUNTSMAN INTERNATIONAL LLC
Exhibit 4.10
(As successor by merger to Huntsman LLC)
AND
THE GUARANTORS NAMED HEREIN,
AND
HSBC BANK USA, NATIONAL ASSOCIATION
as Trustee
Dated as of August 16, 2005
to
Indenture
Dated as of June 22, 2004
11 1/2
% Senior Notes due 2012
and
Senior Floating Rate Notes due 2011
SUPPLEMENTAL INDENTURE, dated as of August 16, 2005 (this “Supplemental Indenture”), between HUNTSMAN INTERNATIONAL LLC, a Delaware limited liability company (“HI”) as successor by merger to Huntsman LLC, a Utah limited liability company (the “Company”), the existing Guarantors named therein, the New Guarantors described herein, and HSBC BANK USA, NATIONAL ASSOCIATION, a national banking association duly organized under the laws of the United States, as trustee (the “Trustee”). All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Indenture.
WHEREAS, the Company, the Guarantors and the Trustee are parties to an Indenture, dated as of June 22, 2004, as supplemented by supplemental indenture dated July 11, 2005 (the “Indenture”), pursuant to which the Company issued its 11 1/2 % Senior Notes Due 2012 and Senior Floating Rate Notes (collectively, the “Notes”);
WHEREAS, on the date hereof, the Company has merged with and into HI, with HI continuing in existence as the Surviving Entity as defined in Article V of the Indenture (the “Merger”);
WHEREAS, in accordance with the Indenture, HI hereby wishes to expressly assume the rights and obligations of the Company under the Notes and the Indenture;
WHEREAS, in connection with the Merger, the Subsidiaries of HI who are listed on the signature page hereto under the heading “New Guarantors” (the “New Guarantors”) wish to become Guarantors under the Indenture in accordance with Section 4.18 and Article X thereof;
WHEREAS, Section 9.01 of the Indenture provides that the Company, the Guarantors and the Trustee may amend the Indenture by means of this supplemental indenture without the consent of the holders of Notes for the foregoing purposes;
WHEREAS, HI has delivered to the Trustee the required Officers’ Certificate and Opinion of Counsel in connection with the execution and delivery of this supplemental indenture; and
WHEREAS, the execution and delivery of this Supplemental Indenture have been duly authorized and all conditions and requirements necessary to make this Supplemental Indenture a valid and binding agreement have been duly performed and complied with;
NOW, THEREFORE, for and in consideration of the premises and other good and valuable consideration, the receipt and sufficiency of which hereby are acknowledged, it is mutually covenanted and agreed, for the equal proportionate benefit of all Holders of the Notes, as follows:
ARTICLE I
Assumption; Guarantees
Section 1.1 Assumption of Rights and Obligations. In accordance with Section 5.01 of the Indenture, and effective upon completion of the Merger, HI hereby assumes all rights and obligations of the Company under the Notes and the Indenture. This assumption shall have the effects set forth in the Indenture, including in Section 5.02 thereof, and references in the Indenture to the Company shall refer to HI as successor until a successor is provided for in accordance with the Indenture.
Section 1.2 Guarantees. Each New Guarantor hereby, in compliance with Section 4.18 of the Indenture, Guarantees the obligations of the Company under the Indenture and the Notes in the manner specified in Section 10.01 of the Indenture, and becomes a party to the Indenture as a Guarantor,
in each case subject to all of the rights, obligations and other provisions and limitations (including release provisions) of the Indenture relating to Guarantors.
ARTICLE II
MISCELLANEOUS PROVISIONS
Section 2.1 Upon execution and delivery of this Supplemental Indenture, the terms and conditions of this Supplemental Indenture shall be part of the terms and conditions of the Indenture for any and all purposes, and all the terms and conditions of both shall be read together as though they constitute one and the same instrument, except that in case of conflict, the provisions of this Supplemental Indenture will control.
Section 2.2 Each of the Company, the Guarantors and the Trustee hereby confirms and reaffirms the Indenture, as amended and supplemented by this Supplemental Indenture.
Section 2.3 The parties may sign any number of copies of this Supplemental Indenture. Each signed copy shall be an original, but all of them together shall represent the same agreement. One signed copy is enough to prove this Supplemental Indenture.
Section 2.4 This Supplemental Indenture shall be governed by, and construed in accordance with, the laws of the State of New York.
Section 2.5 The recitals contained herein shall be taken as the statements of the Company or the Guarantors, as applicable, and the Trustee assumes no responsibility for their correctness. The Trustee shall not be liable or responsible for the validity or sufficiency of this Supplemental Indenture or the due authorization of this Supplemental Indenture by the Company or the Guarantors. In entering into this Supplemental Indenture, the Trustee shall be entitled to the benefit of every provision of the Indenture relating to the conduct of, affecting the liability of or affording protection to the Trustee, whether or not elsewhere herein so provided.
[THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK]
IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed as of the day and year written above.
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By: |
/s/ XXXX XXXXXXX |
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Name: Xxxx Xxxxxxx |
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Title: Vice President and Treasurer |
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EXISTING GUARANTORS
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Huntsman Chemical Purchasing Corporation |
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Huntsman International Chemicals Corporation |
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Huntsman International Trading Corporation |
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Huntsman Petrochemical Purchasing Corporation |
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Polymer Materials Inc. |
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Airstar Corporation |
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Huntsman Procurement Corporation |
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JK Holdings Corporation |
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Huntsman Australia Inc. |
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Huntsman Chemical Finance Corporation |
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Huntsman Enterprises Inc. |
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Huntsman Family Corporation |
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Huntsman Group Holdings Finance Corporation |
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Huntsman Group Intellectual Property Holdings Corporation |
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Huntsman International Services Corporation |
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Huntsman MA Investment Corporation |
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Huntsman MA Services Corporation |
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Huntsman Petrochemical Corporation |
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Huntsman Petrochemical Finance Corporation |
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Huntsman Expandable Polymers Company, LC |
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By: |
Huntsman International Chemicals Corporation, |
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its Manager |
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Huntsman Petrochemical Canada Holdings Corporation |
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Huntsman Polymers Holdings Corporation |
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Huntsman Chemical Company LLC |
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Huntsman Polymers Corporation |
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Huntsman Purchasing, Ltd. |
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By: |
Huntsman Procurement Corporation, |
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its General Partner |
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Petrostar Industries LLC |
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Huntsman Headquarters Corporation |
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By: |
/s/ XXXX XXXXXXX |
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Name: Xxxx Xxxxxxx |
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Title: Vice President |
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Huntsman Fuels, L.P. |
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By: |
Petrostar Fuels LLC, |
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its General Partner |
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Petrostar Fuels LLC |
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By: |
/s/ XXXXXX X. XXXXXXX |
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Name: Xxxxxx X. Xxxxxxx |
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Title: Vice President |
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NEW GUARANTORS |
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Eurofuels LLC |
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Eurostar Industries LLC |
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Xxxxxxxx XX Holdings, LLC |
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Huntsman Ethyleneamines Ltd., |
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By: |
Xxxxxxxx XX Holdings LLC, |
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Huntsman International Financial LLC |
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Huntsman International Fuels, L.P. |
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By: |
Eurofuels LLC, its General Partner |
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Huntsman Propylene Oxide Holdings LLC |
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Huntsman Propylene Oxide Ltd. |
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By: |
Huntsman Propylene Oxide Holdings |
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Huntsman Texas Holdings LLC |
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By: |
/s/ XXXX XXXXXXX |
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Name: Xxxx Xxxxxxx |
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Title: Vice President |
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Executed as a deed by |
Tioxide Americas Inc. |
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L. Xxxxxxx Xxxxx |
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for and on behalf of |
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Tioxide Americas Inc. |
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By: |
/s/ L. XXXXXXX XXXXX |
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in the presence of |
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Name: L. Xxxxxxx Xxxxx |
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Title: Vice President and Treasurer |
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/s/ XXXXX XXXXX |
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Witness |
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Tioxide Group |
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By: |
/s/ J. XXXX XXXXXX |
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Name: J. Xxxx Xxxxxx |
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Title: Director |
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HSBC BANK USA, NATIONAL ASSOCIATION |
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as Trustee |
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By: |
/s/ XXXXX X. XXXXXX |
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Name: Xxxxx X. Xxxxxx |
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Title: Vice President |
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