SEVENTH SUPPLEMENTAL INDENTURE
Exhibit 4.8
Execution Version
SEVENTH SUPPLEMENTAL INDENTURE
Seventh Supplemental Indenture (this “Supplemental Indenture”), dated as of November 10, 2014, among West Georgia Pathology, LLC, a Georgia limited liability company (the “Additional Subsidiary Guarantor”), Aurora Diagnostics Holdings, LLC, a Delaware limited liability company (the “Company”), Aurora Diagnostics Financing, Inc., a Delaware corporation (the “Co-Issuer” and, together with the Company, the “Issuers”) and the existing guarantors party hereto (the “Subsidiary Guarantors”) and U.S. Bank National Association (the “Trustee”).
WITNESSETH:
WHEREAS, the Issuers and the Subsidiary Guarantors have heretofore executed and delivered to the Trustee an Indenture (the “Indenture”), dated as of December 20, 2010, as amended, providing for the issuance of an unlimited aggregate principal amount of 10.750% Senior Notes due 2018 (the “Securities”);
WHEREAS, the Additional Subsidiary Guarantor is a direct or indirect subsidiary of the Company;
WHEREAS, Section 4.13 of the Indenture provides that under certain circumstances the Issuers shall cause the Additional Subsidiary Guarantor to execute and deliver to the Trustee a guaranty agreement pursuant to which the Additional Subsidiary Guarantor shall Guarantee payment of the Securities on the same terms and conditions as those set forth in Article 10 of the Indenture; and
WHEREAS, pursuant to Section 9.01(4) of the Indenture, the Trustee and the Issuers are authorized to execute and deliver this Supplemental Indenture.
NOW THEREFORE, in consideration of the foregoing and for good and valuable consideration, the receipt of which is hereby acknowledged, the Issuers, the Additional Subsidiary Guarantor and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Securities as follows:
(1)Capitalized Terms. Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture.
(2)Agreement to be Bound. The Additional Subsidiary Guarantor hereby becomes a party to the Indenture as a Subsidiary Guarantor and as such will have all of the rights and be subject to all of the obligations and agreements of a Subsidiary Guarantor under the Indenture.
(3)Guarantee. The Additional Subsidiary Guarantor agrees, on a joint and several basis with all the existing Subsidiary Guarantors, to Guarantee to each Holder of the Securities and the Trustee the Guaranteed Obligations pursuant to Article 10 of the Indenture.
(4)No Recourse Against Others. No director, officer, employee, manager, member or stockholder of the Additional Subsidiary Guarantor shall have any liability for any obligations of the Issuers or the Guarantors (including the Additional Subsidiary Guarantor) under the Securities, any Guarantee Agreement, the Indenture or this Supplemental Indenture or for any claim based on, in respect of or, by reason of, such obligations or their creation. Each Holder by accepting Securities waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Securities and the Guarantees.
(5)Governing Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS, AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.
(6)Counterparts. 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.
(7)Effect of Headings. The Section headings herein are for convenience only and shall not affect the construction hereof.
ACTIVE 204348645v.3 60057/10020
(8)The Trustee. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Additional Subsidiary Guarantor.
(9)Benefits Acknowledged. The Additional Subsidiary Guarantor’s Guarantee is subject to the terms and conditions set forth in the Indenture. The Additional Subsidiary Guarantor acknowledges that it will receive direct and indirect benefits from the financing arrangements contemplated by the Indenture and this Supplemental Indenture and that the guarantee and waivers made by it pursuant to this Guarantee are knowingly made in contemplation of such benefits.
(10)Successors. All agreements of the Additional Subsidiary Guarantor in this Supplemental Indenture shall bind its successors, except as otherwise provided in the Indenture. All agreements of the Trustee in this Supplemental Indenture shall bind its successors.
[Signature pages follow]
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ACTIVE 204348645v.3 60057/10020 |
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IN WITNESS WHEREOF, the parties have caused this Seventh Supplemental Indenture to be duly executed as of the date first written above.
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The Issuers: |
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AURORA DIAGNOSTICS HOLDINGS, LLC |
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By: |
/s/ Xxxxxxx Xxxxxxxxxxx |
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Xxxxxxx Xxxxxxxxxxx |
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Vice President and Controller |
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AURORA DIAGNOSTICS FINANCING, INC. |
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By: |
/s/ Xxxxxxx Xxxxxxxxxxx |
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Xxxxxxx Xxxxxxxxxxx |
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Vice President and Controller |
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The Guarantors: |
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AURORA DIAGNOSTICS, LLC AURORA GEORGIA, LLC AURORA GREENSBORO LLC AURORA LMC, LLC AURORA MASSACHUSETTS, LLC AURORA MICHIGAN, LLC AURORA NEW HAMPSHIRE, LLC BIOPSY DIAGNOSTICS, LLC XXXXXXXXXX PATHOLOGY, L.L.C. C R COLLECTIONS, LLC DERMPATH NEW ENGLAND, LLC GREENSBORO PATHOLOGY, LLC XXXXXXX PATHOLOGY ADX, LLC LABORATORY OF DERMATOPATHOLOGY ADX, LLC PATHOLOGY SOLUTIONS, LLC SEACOAST PATHOLOGY, INC. TEXAS PATHOLOGY, LLC TWIN CITIES DERMATOPATHOLOGY, LLC |
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By: |
/s/ Xxxxxxx Xxxxxxxxxxx |
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Vice President and Controller |
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XXXXXXXXX LABORATORIES, INC. XXXX & XXXXXXX HOLDINGS, INC. XXXX & XXXXXXX, LLC XXXXXXX XXXXXXX, LLC |
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By: |
/s/ Xxxxxxx Xxxxxxxxxxx |
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Xxxxxxx Xxxxxxxxxxx |
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Vice President and Treasurer |
[Signature page of Seventh Supplemental Indenture]
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THE WPC REVOCABLE TRUST, B.T. |
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By: |
/s/ Xxxxxxx Xxxxxxxxxxx |
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Xxxxxxx Xxxxxxxxxxx |
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Trustee |
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MID-ATLANTIC PATHOLOGY SERVICES, INC. |
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By: |
/s/ Xxxxxxx Xxxxxxxxxxx |
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Xxxxxxx Xxxxxxxxxxx |
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Treasurer |
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The Additional Subsidiary Guarantor: |
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WEST GEORGIA PATHOLOGY, LLC |
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By: |
/s/ Xxxxxxx Xxxxxxxxxxx |
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Xxxxxxx Xxxxxxxxxxx |
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Vice President and Treasurer |
[Signature page of Seventh Supplemental Indenture]
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U.S. BANK NATIONAL ASSOCIATION, as Trustee |
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By: |
/s/ Xxxxxx X. Xxxxxxxxxxx |
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Name: Xxxxxx X. Xxxxxxxxxxx |
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Title: Vice President |
[Signature page of Seventh Supplemental Indenture]
