Exhibit 4.7
SUPPLEMENTAL INDENTURE
to
Indenture dated as of August 26, 1997
for $150,000,000
9% Senior Subordinated Notes Due 2007
among
GIANT YORKTOWN, INC.
And
GIANT YORKTOWN HOLDING COMPANY
as Additional Subsidiary Guarantors,
and
The Bank of New York
as Trustee
Dated effective as of May 10, 2002
SUPPLEMENTAL INDENTURE
THIS SUPPLEMENTAL INDENTURE, dated effective as of May 10, 2002, is among
Giant Yorktown, Inc., a Delaware corporation ("GYI"), and Giant Yorktown Holding
Company, a Delaware corporation ("GYHC"), as Additional Subsidiary Guarantors,
and The Bank of New York, as Trustee.
Recitals
WHEREAS, effective August 26, 1997, Giant Industries, Inc. (the
"Company"), the Subsidiary Guarantors, and the Trustee, executed an Indenture
(the "Indenture") in the amount of $150,000,000 for the equal and ratable
benefit of the holders of the Company's 9% Senior Subordinated Notes due 2007.
WHEREAS, Giant Industries Arizona, Inc., an Arizona corporation ("Giant
Arizona"), is a wholly-owned subsidiary of the Company and a signator of the
Indenture as a Subsidiary Guarantor.
WHEREAS, GYI and GYHC each are wholly-owned subsidiaries of Giant Arizona.
WHEREAS, GYI and GYHC were both formed by Giant Arizona after the Issue
Date.
WHEREAS, in accordance with Section 11.03 of the Indenture, GYI and GYHC
desire to execute and deliver a supplemental indenture pursuant to which GYI and
GYHC, as Restricted Subsidiaries, shall guarantee the payment of the securities
issued pursuant to the Indenture.
NOW, THEREFORE, the parties agree as follows:
Agreement
1. This Supplemental Indenture is being delivered pursuant to the
provisions of the Indenture and shall be construed and interpreted consistently
therewith. Capitalized terms used herein without definition shall have the
meaning ascribed to them in the Indenture.
2. GYI and GYHC each acknowledge and agree that it is subject to the
provisions (including the representations and warranties) of the Indenture as a
Subsidiary Guarantor.
IN WITNESS WHEREOF, the parties hereto have caused this Supplemental
Indenture to be duly executed, and their respective corporate seals to be
hereunto affixed and attested, all as of the date first written above.
ADDITIONAL SUBSIDIARY GUARANTOR
Giant Yorktown, Inc.,
as Subsidiary Guarantor
By: /s/ Xxxx X. Xxx
--------------------------------------------
Name: Xxxx X. Xxx
Title: Vice President and Chief Financial
Officer
Giant Yorktown Holding Company,
as Subsidiary Guarantor
By: /s/ Xxxx X. Xxx
--------------------------------------------
Name: Xxxx X. Xxx
Title: Vice President and Chief Financial
Officer
TRUSTEE
The Bank of New York
By: /s/ Xxxx X. Xxxxx
--------------------------------------------
Name: Xxxx X. Xxxxx
Title: Vice President
