FIRST SUPPLEMENTAL INDENTURE
Exhibit 4.3
FIRST SUPPLEMENTAL INDENTURE (this “First Supplemental Indenture”), dated as of October 7, 2013, among Memorial Energy Services LLC, a Delaware limited liability company (“Memorial Energy Services”), Memorial Midstream LLC, a Texas limited liability company (“Memorial Midstream”), and Prospect Energy, LLC, a Colorado limited liability company (“Prospect”, and together with Memorial Energy Services and Memorial Midstream, the “Guaranteeing Subsidiaries”), subsidiaries of Memorial Production Partners LP, a Delaware limited partnership (the “Partnership”), the Partnership, Memorial Production Finance Corporation, a Delaware corporation (“Finance Corp.” and together with the Partnership, the “Issuers” and individually an “Issuer”), the other Guarantors (as defined in the Indenture referred to herein) and U.S. Bank National Association, as trustee under the Indenture referred to below (the “Trustee”).
W I T N E S S E T H
WHEREAS, the Issuers have heretofore executed and delivered to the Trustee an indenture (the “Indenture”), dated as of April 17, 2013 providing for the issuance of 75/8% Senior Notes due 2021 (the “Notes”);
WHEREAS, the Indenture provides that under certain circumstances the Guaranteeing Subsidiaries shall execute and deliver to the Trustee a supplemental indenture pursuant to which each of the Guaranteeing Subsidiaries shall unconditionally Guarantee all of the Issuers’ Obligations under the Notes and the Indenture on the terms and conditions set forth herein (the “Note Guarantee”); and
WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee is authorized to execute and deliver this First Supplemental Indenture.
NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Guaranteeing Subsidiaries, the other Guarantors, the Issuers and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows:
1. CAPITALIZED TERMS. Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture.
2. AGREEMENT TO GUARANTEE. Each of the Guaranteeing Subsidiaries hereby agrees to provide an unconditional Guarantee on the terms and subject to the conditions set forth in the Indenture including but not limited to Article 10 thereof.
3. NO RECOURSE AGAINST OTHERS. No director, officer, partner, employee, incorporator, manager or unitholder or other owner of Capital Stock of the Issuers or any Guarantor, as such, will have any liability for any obligations of the Issuers or the Guarantors under the Notes, the Indenture or the Note Guarantees or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes.
4. NEW YORK LAW TO GOVERN. THIS FIRST SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.
5. COUNTERPARTS. The parties may sign any number of copies of this First Supplemental Indenture. Each signed copy shall be an original, but all of them together represent the same agreement.
6. EFFECT OF HEADINGS. The Section headings herein are for convenience only and shall not affect the construction hereof.
7. THE TRUSTEE. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this First Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Guaranteeing Subsidiaries, the other Guarantors and the Issuers.
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IN WITNESS WHEREOF, the parties hereto have caused this First Supplemental Indenture to be duly executed and attested, all as of the date first above written.
MEMORIAL ENERGY SERVICES LLC | ||||
By: | Memorial Production Operating LLC, | |||
its sole member | ||||
By: | Memorial Production Partners LP, | |||
its sole member | ||||
By: | Memorial Production Partners GP LLC, | |||
its general partner | ||||
By: | /s/ Xxxx X. Xxxxxxxxx | |||
Name: Xxxx X. Xxxxxxxxx | ||||
Title: President and Chief Executive Officer | ||||
MEMORIAL MIDSTREAM LLC | ||||
By: | Memorial Production Operating LLC, | |||
its sole member | ||||
By: | Memorial Production Partners LP, | |||
its sole member | ||||
By: | Memorial Production Partners GP LLC, | |||
its general partner | ||||
By: | /s/ Xxxx X. Xxxxxxxxx | |||
Name: Xxxx X. Xxxxxxxxx | ||||
Title: President and Chief Executive Officer | ||||
PROSPECT ENERGY, LLC | ||||
By: | Memorial Production Operating LLC, | |||
its sole member | ||||
By: | Memorial Production Partners LP, | |||
its sole member | ||||
By: | Memorial Production Partners GP LLC, | |||
its general partner | ||||
By: | /s/ Xxxx X. Xxxxxxxxx | |||
Name: Xxxx X. Xxxxxxxxx | ||||
Title: President and Chief Executive Officer |
[Signature Page to Supplemental Indenture]
MEMORIAL PRODUCTION PARTNERS LP | ||||
By: | Memorial Production Partners GP LLC, | |||
its general partner | ||||
By: | /s/ Xxxx X. Xxxxxxxxx | |||
Name: Xxxx X. Xxxxxxxxx | ||||
Title: President and Chief Executive Officer | ||||
MEMORIAL PRODUCTION FINANCE CORPORATION | ||||
By: | /s/ Xxxx X. Xxxxxxxxx | |||
Name: Xxxx X. Xxxxxxxxx | ||||
Title: President and Chief Executive Officer | ||||
COLUMBUS ENERGY, LLC | ||||
RISE ENERGY OPERATING, LLC | ||||
WHT ENERGY PARTNERS LLC | ||||
By: | Memorial Production Operating LLC, | |||
its sole member | ||||
By: | Memorial Production Partners LP, | |||
its sole member | ||||
By: | Memorial Production Partners GP LLC, | |||
its general partner | ||||
By: | /s/ Xxxx X. Xxxxxxxxx | |||
Name: Xxxx X. Xxxxxxxxx | ||||
Title: President and Chief Executive Officer |
[Signature Page to Supplemental Indenture]
RISE ENERGY MINERALS, LLC | ||||
RISE ENERGY BETA, LLC | ||||
By: | Rise Energy Operating, LLC, | |||
its sole member | ||||
By: | Memorial Production Operating LLC, | |||
its sole member | ||||
By: | Memorial Production Partners LP, | |||
its sole member | ||||
By: | Memorial Production Partners GP LLC, | |||
its general partner | ||||
By: | /s/ Xxxx X. Xxxxxxxxx | |||
Name: Xxxx X. Xxxxxxxxx | ||||
Title: President and Chief Executive Officer | ||||
WHT CARTHAGE LLC | ||||
By: | WHT Energy Partners LLC, | |||
its sole member | ||||
By: | Memorial Production Operating LLC, | |||
its sole member | ||||
By: | Memorial Production Partners LP, | |||
its sole member | ||||
By: | Memorial Production Partners GP LLC, | |||
its general partner | ||||
By: | /s/ Xxxx X. Xxxxxxxxx | |||
Name: Xxxx X. Xxxxxxxxx | ||||
Title: President and Chief Executive Officer | ||||
U.S. BANK NATIONAL ASSOCIATION, | ||||
As Trustee | ||||
By: | /s/ Xxxxxx Xxxxxxx | |||
Authorized Signatory |
[Signature Page to Supplemental Indenture]