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EXHIBIT 4.2
EXECUTION COPY
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EOP OPERATING LIMITED PARTNERSHIP
Issuer
and
STATE STREET BANK AND TRUST COMPANY
Trustee
_______________________________________
FIRST SUPPLEMENTAL INDENTURE
Dated as of February 9, 1998
_________________________________
SENIOR DEBT SECURITIES
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TABLE OF CONTENTS
Page
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ARTICLE ONE DEFINITIONS AND OTHER PROVISIONS OF GENERAL
APPLICATION ......................................... 1
SECTION 101. DEFINITIONS ...................................... 1
SECTION 102. EFFECT OF HEADINGS AND TABLE OF CONTENTS ......... 1
SECTION 103. SUCCESSORS AND ASSIGNS ........................... 1
SECTION 104. SEPARABILITY CLAUSE .............................. 1
SECTION 105. BENEFITS OF INDENTURE ............................ 2
SECTION 106. GOVERNING LAW .................................... 2
SECTION 107. EFFECTIVENESS .................................... 2
ARTICLE TEN COVENANTS ........................................... 2
SECTION 1004. LIMITATIONS ON INCURRENCE OF DEBT ............... 2
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FIRST SUPPLEMENTAL INDENTURE, dated as of February 9, 1998, between EOP
OPERATING LIMITED PARTNERSHIP, a Delaware limited partnership (the "Issuer"),
having its principal offices at Two Xxxxx Xxxxxxxxx Xxxxx, 00xx Xxxxx, Xxxxxxx,
Xxxxxxxx 00000, and STATE STREET BANK AND TRUST COMPANY, a Massachusetts trust
company, as Trustee hereunder (the "Trustee"), having its Corporate Trust
Office at Two International Place, Financial Services, Corporate Trust
Department, Xxxxxx, Xxxxxxxxxxxxx 00000, under the indenture between the
Issuer and the Trustee (the "Indenture") dated as of September 2, 1997.
RECITALS
The Indenture provides that the Issuer and the Trustee may, at any time
and from time to time, enter into one or more supplemental indentures, in form
satisfactory to the Trustee, for the purpose of supplementing the provisions of
the Indenture to add to the covenants of the Issuer for the benefit of the
Holders of all or any series of Securities.
The Issuer has duly authorized the execution and delivery of this First
Supplemental Indenture, and all things necessary have been done to make this
First Supplemental Indenture a valid agreement of the Issuer, in accordance
with its terms.
NOW, THEREFORE, THIS FIRST SUPPLEMENTAL INDENTURE WITNESSETH:
For and in consideration of the mutual premises and agreements herein
contained, the Issuer and the Trustee mutually covenant and agree, for the
equal and proportionate benefit of all Holders of the Securities, as follows:
ARTICLE ONE
DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION
SECTION 101. DEFINITIONS. For all purposes of this Indenture, except as
otherwise expressly provided or unless the context otherwise requires:
(1) the terms defined in this Article have the meanings assigned
to them in this Article, and include the plural as well as the
singular;
(2) the words "herein," "hereof," "hereto" and "hereunder" and
other words of similar import refer to the Indenture and this First
Supplemental Indenture as a whole and not to any particular Article,
Section or other subdivision; and
(3) certain capitalized terms are used herein as they are defined
in the Indenture.
SECTION 102. EFFECT OF HEADINGS AND TABLE OF CONTENTS. The Article and
Section headings herein and the Table of Contents are for convenience only and
shall not affect the construction hereof.
SECTION 103. SUCCESSORS AND ASSIGNS. All covenants, stipulations,
promises and agreements in this First Supplemental Indenture by the Issuer
shall bind its successors and assigns, whether so expressed or not.
SECTION 104. SEPARABILITY CLAUSE. In case any provision in this First
Supplemental Indenture or the Securities 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.
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SECTION 105. BENEFITS OF INDENTURE. Except as provided in the next
sentence, nothing in this First Supplemental Indenture or in the Securities,
express or implied, shall give to any Person, other than the parties hereto and
their successors and assigns hereunder and the Holders of Securities, any
benefit or legal or equitable right, remedy or claim under this First
Supplemental Indenture.
SECTION 106. GOVERNING LAW. This First Supplemental Indenture and the
Securities and coupons shall be governed by and construed in accordance with
the laws of the State of New York.
SECTION 107. EFFECTIVENESS. This First Supplemental Indenture shall take
effect on the date hereof and shall amend the provisions of the Indenture with
respect to the Securities.
ARTICLE TEN
COVENANTS
SECTION 1004. LIMITATIONS ON INCURRENCE OF DEBT.
(a) The clause "The Issuer will not, and will not permit any
Subsidiary to, incur any Debt other than intercompany Debt (representing
Debt to which the only parties are the Issuer, the General Partner and
any of their Subsidiaries, but only so long as such Debt is held solely
by any of the Issuer, the General Partner and any Subsidiary) that is
subordinate in right of payment to the Securities," in Section 1004(a) is
amended and restated to read as follows:
"The Issuer will not, and will not permit any
Subsidiary to, incur any Debt other than intercompany Debt
(representing Debt to which the only parties are the Issuer,
the General Partner and any of their Subsidiaries, but only
so long as such Debt is held solely by any of the Issuer,
the General Partner and any Subsidiary and provided that, in
the case of Debt owed to Subsidiaries, such Debt is
subordinate in right of payment to the Securities),"
(b) The clause "The Issuer will not, and will not permit any
Subsidiary to, incur any Debt other than intercompany Debt that is
subordinate in right of payment to the Securities," in Section 1004(c) is
amended and restated to read as follows: .
"The Issuer will not, and will not permit any
Subsidiary to, incur any Debt other than intercompany Debt
(provided that, in the case of Debt owed to Subsidiaries,
such Debt is subordinate in right of payment to the
Securities),"
* * * * *
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This First Supplemental Indenture may be executed in any number of
counterparts, each of which so executed shall be deemed to be an original, but
all 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.
EOP OPERATING LIMITED PARTNERSHIP
By: Equity Office Properties Trust
as Managing General Partner
By: /S/ XXXXXXX X. XXXXXXXX
--------------------------
Name: Xxxxxxx X. Xxxxxxxx
Title: President and CEO
Attest:
/s/ XXXXXXX X. XXXXXXX
------------------------------------
Title: Secretary and General Counsel
STATE STREET BANK AND TRUST COMPANY,
as Trustee
By: /s/ XXXXXX X. XXXXX
------------------------
Name: Xxxxxx X. Xxxxx
Title: Vice President
Attest:
/s/ XXXXX XXXXXXXX
------------------------------------
Title: Vice President
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STATE OF Illinois )
) ss:
COUNTY OF Xxxx )
On the 17th day of February, 1998, before me personally came Xxxxxxx X.
Xxxxxxxx, to me known, who, being by me duly sworn, did depose and say that he
is President and CEO of EQUITY OFFICE PROPERTIES TRUST, the managing general
partner of EOP OPERATING LIMITED PARTNERSHIP, one of the parties described in
and which executed the foregoing instrument, and that he signed his name thereto
by authority of the Board of Directors.
{Notarial Seal}
/s/ XXXXXX X. XXXXXXXXXXX
---------------------------------
Notary Public
COMMISSION EXPIRES: June 13, 2000
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COMMONWEALTH OF MASSACHUSETTS )
) ss:
COUNTY OF SUFFOLK )
On the 17th day of February, 1998, before me personally came Xxxxxx X.
Xxxxx, to me known, who, being by me duly sworn, did depose and say that he is
Vice President of STATE STREET BANK AND TRUST COMPANY, as Trustee, one of the
parties described in and which executed the foregoing instrument, and that he is
authorized to sign his name thereto on behalf of the Trustee.
{Notarial Seal}
/s/ Xxxxxx X. Junior
--------------------------------
Notary Public
COMMISSION EXPIRES: 9/13/02
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