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EXHIBIT 4.2
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PULTE CORPORATION
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INDENTURE SUPPLEMENT
DATED AS OF MARCH 20, 1998
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THE FIRST NATIONAL BANK OF CHICAGO
TRUSTEE
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SENIOR DEBT SECURITIES
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INDENTURE SUPPLEMENT dated as of March 20, 1998, among PULTE
CORPORATION, a Michigan corporation ("Company"), located at ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇
▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, THE FIRST NATIONAL BANK OF
CHICAGO ("Trustee"), PULTE HOME CORPORATION ("Pulte Home"), and the subsidiaries
of Pulte Home set forth on the signature pages hereto (Pulte Home and such
wholly-owned subsidiaries, all together the "Guarantors").
The Company, the Trustee and the Guarantors have entered into an
Indenture dated as of October 24, 1995, as amended by the Indenture Supplement
thereto dated as of August 27, 1998, (the "Indenture") pursuant to which the
Trustee acts as trustee for the holders of the Company's 7.3% Senior Notes due
October 24, 2005 and the Company's 7.625% Senior Notes due October 15, 2017.
Capitalized terms used in this Indenture Supplement and not otherwise defined
shall have the meanings set forth in the Indenture.
Builders' Supply & Lumber Co., Inc. ("BSL"), a Michigan corporation, is
a Guarantor and Restricted Subsidiary, under the Indenture.
BSL desires to sell substantially all of its assets to BSL Acquisition
Corp. pursuant to the Asset Purchase Agreement dated as of February 6, 1998
among BSL Acquition Corp., BSL and Pulte Home Corporation.
The parties hereto desire to amend the Indenture to release BSL as a
Guarantor and to waive the Indenture provisions applicable to such sale in order
to allow the proposed sale to take place.
Section 902 of the Indenture permits the Company and the Trustee to
execute supplements to the Indenture for the purpose of amending the terms of
the Indenture with the consent of the Holders of not less than a majority in the
principal amount of all Outstanding Securities affected by such supplemental
indenture.
Pursuant to a solicitation of Bondholder consents dated February 23,
1998, consents from Holders of Outstanding Securities sufficient to approve this
Supplemental Indenture have been received, and the other requirements for
execution of this Supplemental Indenture have been satisfied.
NOW, THEREFORE, THIS SUPPLEMENTAL INDENTURE WITNESSETH:
For and in consideration of the premises and the mutual covenants and
agreements contained herein and subject to the consummation of the sale of the
assets of BSL to BSL Acquition Corp., as described above, it is mutually
covenanted and agreed, for the equal and proportionate benefit of all Holders of
the Securities or of series thereof, as follows:
1. BSL is hereby released as a Guarantor under the Indenture and is
hereby released from and relieved of its obligations under Article Sixteen of
the Indenture.
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2. The Indenture provisions applicable to the sale of the assets of BSL
are hereby waived.
3. The Indenture, as supplemented by and together with this Indenture
Supplement, shall be read, taken and construed as one and the same instrument.
4. This Indenture Supplement may be executed in any number of
counterparts, each of which so executed shall be deemed an original, but all of
such counterparts shall together constitute but one and the same instrument.
5. This Indenture Supplement shall be governed by and construed in
accordance with the laws of the State of New York, without regard to the
principles of conflicts of laws.
IN WITNESS WHEREOF, the parties hereto have caused this Indenture
Supplement to be duly executed as of the day and year first above written.
THE FIRST NATIONAL BANK OF CHICAGO,
as Trustee
By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇
---------------------------------
Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇
Title: Vice President
PULTE CORPORATION
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
BUILDERS' SUPPLY & LUMBER CO., INC.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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CAMBRIDGE SOFTWARE, INC.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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CANTERBURY COMMUNITIES, INC.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
---------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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CANTERBURY DIVERSIFIED BUILDING
CORP.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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CEIBA HOMES, INC.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
---------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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CHARLOTTE CLASSIC HOMES, INC.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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▇▇▇▇ REALTY COMPANY
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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GREENSBORO CLASSIC HOMES, INC.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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GULF PARTNERS, INC.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
---------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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GURABO HOMES, INC.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
---------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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▇▇▇▇▇ ▇. ▇▇▇▇▇, INC.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
---------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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OAKTON BUILDING CORPORATION
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
---------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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PALMVILLE DEVELOPMENT CORP.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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PHC TITLE CORPORATION
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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PHT TITLE CORPORATION
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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PBW CORPORATION
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
---------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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PHM REALTY, INC.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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PRESERVE I, INC.
(f/k/a Marengo corporation)
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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PRESERVE II, INC.
(f/k/a Pine Ridge Building Corporation)
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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PULTE DEVELOPMENT CORPORATION
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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PULTE HOME CARRIBEAN CORPORATION
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
---------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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PULTE HOME CORPORATION
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
---------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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PULTE HOME CORPORATION OF
THE DELAWARE VALLEY
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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PULTE HOME CORPORATION
OF MASSACHUSETTS
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
---------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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PULTE HOMES OF TEXAS L.P.
By Pulte Nevada I, Inc.
Its General Partner
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
---------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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PULTE HOMES OF GREATER KANSAS
CITY, INC.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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PULTE HOMES OF MICHIGAN CORPORATION
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
---------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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PULTE HOMES OF MINNESOTA
CORPORATION
(f/k/a ▇▇▇▇ ▇▇▇▇▇▇▇▇ Homes, Inc.)
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
---------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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PULTE HOMES OF OHIO CORPORATION
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
---------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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PULTE HOMES OF SOUTH CAROLINA, INC.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
---------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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PULTE LAND DEVELOPMENT CORPORATION
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
---------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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PULTE LIFESTYLE COMMUNITIES, INC.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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PULTE PAYROLL CORPORATION
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
---------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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RALEIGH CLASSIC HOMES, INC.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
---------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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▇▇▇▇▇▇▇ BUILDERS, INC.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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▇▇▇▇▇▇▇ HOMES, INC.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
---------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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▇▇▇▇/▇▇▇▇▇▇▇▇▇▇▇ HOMES, INC.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
---------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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SPRINGFIELD GOLF CLUB, INC.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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WIL CORPORATION
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice President
Attest: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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