FIRST SUPPLEMENTAL INDENTURE
Exhibit 4.1
This FIRST SUPPLEMENTAL INDENTURE (the “First Supplemental Indenture”) dated as of
August 8, 2005, between Nextel Communications, Inc., a Delaware corporation (the “Company”
or the “Issuer”), and BNY Midwest Trust Company, as trustee under the indenture referred to
below (the “Trustee”).
WHEREAS, the Issuer desires to and has requested the Trustee to join with it in the execution
and delivery of this First Supplemental Indenture to: (i) amend Section 901 of the Indenture
(Supplemental Indentures Without Consent of Holders) to permit the Issuer, when authorized by a
Board Resolution, and the Trustee, at any time and from time to time, to enter into one or more
supplemental indentures without the consent of the holders of the Securities as provided in Section
2.1 hereof (the “Holders”); (ii) eliminate the Issuer’s reporting obligation under Section
1014 (Provision of Financial Information) of the Indenture; and (iii) modify Section 1017
(Termination of Covenants) of the Indenture to add an additional condition under which certain of
the restrictive covenants of the Indenture will terminate ((i), (ii), and (iii), collectively, the
“Proposed Amendments”);
WHEREAS, pursuant to Sections 902 and 903 of the Indenture, the Trustee and the Issuer are
authorized to execute and deliver this First Supplemental Indenture;
2.1 Section 901 of the Indenture is hereby amended to add a new Clause 11 to the end thereof
as follows:
“(11) The Indenture and the Notes may be amended without the consent
of the Holders to make any change that would provide any additional
rights or benefits to such Holders or that does not adversely affect
the legal rights under the Indenture of any such Holder.”
2.3 Section 1017 of the Indenture is hereby amended and restated in its entirety to read as
follows:
2.4 Section 1303 of the Indenture is hereby correspondingly amended and restated in its
entirety to read as follows to eliminate the cross-reference to Section 1014:
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therein if the Securities of such series have been determined pursuant to Section 301 to be
subject to this provision (with Section 1015, and any such additional and substitute covenant,
referred to herein as a “Defeasible Covenant”), and (2) the occurrence of any event specified in
Sections 501(5), 501(6), 501(7) or 501(8) with respect to such Defeasible Covenant shall be deemed
not to be or result in an Event of Default, in each case, with respect to the Outstanding
Securities of such Series As provided in this Section 1303 on and after the date the conditions set
forth in Section 1304 are satisfied (hereinafter called “Covenant Defeasance”). For this purpose,
such Covenant Defeasance means that, with respect to the Outstanding Securities of such series, the
Company may omit to comply with and shall have no liability in respect of any term, condition or
limitation set forth in any such Defeasible Covenant, whether directly or indirectly by reason of
any reference elsewhere herein to any Defeasible Covenant or by reason of any reference in any such
Defeasible Covenant to any other provision herein or in any other document, but the remainder of
this Indenture and such Securities shall be unaffected thereby. Following a Covenant Defeasance,
payment of the Securities of such series may not be accelerated because of an Event of Default
specified in Section 501(9) or Section 501(10) or by reference to Section 501(8) and such
Defeasible Covenant.”
3. Separability Clause. In case any provision in this First 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.
4. Modification, Amendment and Waiver. The provisions of this First Supplemental
Indenture may not be amended, supplemented, modified or waived, unless otherwise provided in the
Indenture, except by the execution of a supplemental indenture executed by the Issuer, and, to the
extent such amendment, supplement or waiver adversely affects the rights of any Holders, with the
Required Consent of such Holders. Any such amendment or supplemental indenture shall comply with
Article Nine of the Indenture. Until an amendment, waiver or other action by Holders becomes
effective, a consent thereto by a Holder of a Security hereunder is a continuing consent by the
Holder and every subsequent Holder of that Security or portion of the Security that evidences the
same obligation as the consenting Holder’s Security, even if notation of the consent, waiver or
action is not made on the Security. After an amendment, waiver or action becomes effective, it
shall bind every Holder.
5. Ratification
of the Indenture; First Supplemental Indenture Part of Indenture.
Except as expressly amended hereby, the Indenture is in all respects ratified
and confirmed and all the terms, conditions and provisions thereof shall remain in full force and
effect. In the event of a conflict between the terms and conditions of the Indenture and the terms
and conditions of this First Supplemental Indenture, then the terms and conditions of this First
Supplemental Indenture shall prevail. This First Supplemental Indenture shall form a part of the
Indenture for all purposes, and every holder of Securities heretofore or hereafter authenticated
and delivered shall be bound hereby.
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modified or excluded, the provisions of the TIA shall be deemed to apply to the Indenture as
so modified or to be excluded by this First Supplemental Indenture, as the case may be.
7. Governing Law. THIS FIRST SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, AS APPLIED TO CONTRACTS MADE AND
PERFORMED WITHIN THE STATE OF NEW YORK WITHOUT GIVING EFFECT TO THE PRINCIPLES OF CONFLICTS OF LAW.
[Signature page follows]
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NEXTEL COMMUNICATIONS, INC. | ||||
By: | /s/ Xxxx X. Xxxxxxx | |||
Name: | Xxxx X. Xxxxxxx | |||
Title: | Vice President and Deputy General Counsel | |||
BNY MIDWEST TRUST COMPANY, as Trustee | ||||
By: | /s/ X.X. Xxxxxxx | |||
Name: | X.X. Xxxxxxx | |||
Title: | Vice President |