SUPPLEMENTAL INDENTURE
Exhibit 4.7
Supplemental Indenture, effective as of January 26, 2009 (“Supplemental Indenture” or
“Guarantee”), by and among Campus Authentic LLC, a Delaware limited liability corporation
(the “Guarantor”), Nebraska Book Company, Inc., a Kansas corporation (together with its
successors and assigns, the “Company”), each other then existing Subsidiary Guarantor under
the Indenture referred to below, and The Bank of New York Mellon Trust Company, N.A. (f/k/a BNY
Midwest Trust Company), as Trustee under the Indenture referred to below.
W I T N E S S E T H:
WHEREAS, the Company, the Subsidiary Guarantors and the Trustee have heretofore executed and
delivered an Indenture, dated as of March 4, 2004 (as amended, supplemented, waived or otherwise
modified, the “Indenture”), providing for the issuance of an aggregate principal amount of
$175.0 million of 8 5/8% Senior Subordinated Notes due 2012 of the Company (the
“Securities”);
WHEREAS, Section 3.12 of the Indenture provides that the Company is required to cause each
Restricted Subsidiary that guarantees Indebtedness under the Credit Agreement to execute and
deliver to the Trustee a Subsidiary Guarantee pursuant to which such Subsidiary Guarantor will
unconditionally Guarantee, on a joint and several basis, the full and prompt payment of the
principal of, premium, if any, and interest on the Securities on a senior subordinated basis; and
WHEREAS, pursuant to Section 9.1 of the Indenture, the Trustee, the Subsidiary Guarantors and
the Company are authorized to execute and deliver this Supplemental Indenture to amend the
Indenture, without the consent of any Securityholder;
NOW, THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, the Guarantor, the Company, the other
Subsidiary Guarantors and the Trustee mutually covenant and agree for the equal and ratable benefit
of the holders of the Securities as follows:
ARTICLE I
Definitions
SECTION 1.1 Defined Terms. As used in this Subsidiary Guarantee, terms defined in
the Indenture or in the preamble or recital hereto are used herein as therein defined, except that
the term “Holders” in this Guarantee shall refer to both the term “Holders” as defined in the
Indenture and the Trustee acting on behalf or for the benefit of such Holders. The words “herein,”
“hereof” and “hereby” and other words of similar import used in this Supplemental Indenture refer
to this Supplemental Indenture as a whole and not to any particular section hereof.
ARTICLE II
Agreement to be Bound; Guarantee
SECTION 2.1 Agreement to be Bound. The 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. The Guarantor
agrees to be bound by all of the provisions of the Indenture applicable to a Subsidiary Guarantor
and to perform all of the obligations and agreements of a Subsidiary Guarantor under the Indenture.
SECTION 2.2 Guarantee. The Guarantor hereby unconditionally guarantees, jointly and
severally with each other Subsidiary Guarantor, to each Holder of the Securities and the Trustee,
the full and punctual payment when due, whether at maturity, by acceleration, by redemption or
otherwise, of the Obligations pursuant to Article XI of the Indenture on a senior
subordinated basis. Each Subsidiary Guarantee will be subordinated to the prior payment in full of
all Guarantor Senior Indebtedness as provided in Article XII of the Indenture. Each
Subsidiary Guarantee will rank equally with all other Guarantor Senior Subordinated Indebtedness of
that Subsidiary Guarantor and will be senior in right of payment to all future Guarantor
Subordinated Obligations of that Guarantor. The Subsidiary Guarantees will be effectively
subordinated to any secured Indebtedness of the applicable Guarantor to the extent of the value of
the assets securing such Indebtedness.
ARTICLE III
Miscellaneous
SECTION 3.1 Notices. All notices and other communications pertaining to this
Guarantee or any Security shall be in writing and shall be deemed to have been duly given upon the
receipt thereof. Such notices shall be delivered by hand, or mailed, certified or registered mail
with postage prepaid (a) if to the Guarantor, at its address set forth below, with a copy to the
Company as provided in the Indenture for notices to the Company, and (b) if to the Holders or the
Trustee, as provided in the Indenture. The Guarantor by notice to the Trustee may designate
additional or different addresses for subsequent notices to or communications with the Guarantor.
SECTION 3.2 Parties. Nothing expressed or mentioned in this Guarantee is intended or
shall be construed to give any Person, firm or corporation, other than the Holders and the Trustee
and the holders of any Guarantor Senior Indebtedness, any legal or equitable right, remedy or claim
under or in respect of this Guarantee or any provision herein contained.
SECTION 3.3 Governing Law. This Agreement shall be governed by the laws of the State
of New York.
SECTION 3.4 Severability Clause. In case any provision in this Guarantee 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 and such provision shall be
ineffective only to the extent of such invalidity, illegality or unenforceability.
SECTION 3.5 Entire Agreement. This Guarantee is intended by the parties to be a
final expression of their agreement in respect of the subject matter contained herein and, together
with the Indenture, supersedes all prior agreements and understandings between the parties with
respect to such subject matter.
SECTION 3.6 Ratification of Indenture; Supplemental Indentures 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. This
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. The Trustee
makes no representation or warranty as to the validity or sufficiency of this Supplemental
Indenture.
SECTION 3.7 Counterparts. The parties hereto may sign one or more copies of this
Supplemental Indenture in counterparts, all of which together shall constitute one and the same
agreement.
SECTION 3.8 Headings. The headings of the Articles and the sections in this
Guarantee are for convenience of reference only and shall not be deemed to alter or affect the
meaning or interpretation of any provisions hereof.
IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly
executed as of the date first above written.
GUARANTOR CAMPUS AUTHENTIC LLC |
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By: | /s/ Xxxx X. Xxxxxx | |||
Name: | Xxxx X. Xxxxxx | |||
Title: | Chief Financial Officer, Treasurer and Assistant Secretary |
[Signature Page to Supplemental Indenture]
NEBRASKA BOOK COMPANY, INC. |
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By: | /s/ Xxxx X. Xxxxxx | |||
Name: | Xxxx X. Xxxxxx | |||
Title: | Chief Financial Officer, Senior Vice President of Finance and Administration, Treasurer and Assistant Secretary |
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SUBSIDIARY GUARANTORS SPECIALTY BOOKS, INC. |
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By: | /s/ Xxxx X. Xxxxxx | |||
Name: | Xxxx X. Xxxxxx | |||
Title: | Treasurer | |||
NBC TEXTBOOKS LLC |
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By: | /s/ Xxxx X. Xxxxxx | |||
Name: | Xxxx X. Xxxxxx | |||
Title: | Chief Financial Officer, Treasurer and Assistant Secretary |
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COLLEGE BOOKSTORES OF AMERICA, INC. |
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By: | /s/ Xxxx X. Xxxxxx | |||
Name: | Xxxx X. Xxxxxx | |||
Title: | Treasurer | |||
NET TEXTSTORE LLC |
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By: | /s/ Xxxx X. Xxxxxx | |||
Name: | Xxxx X. Xxxxxx | |||
Title: | Chief Financial Officer, Treasurer and Assistant Secretary |
[Signature Page to Supplemental Indenture]
TRUSTEE THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., AS TRUSTEE |
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By: | /s/ Xxxxx Xxxxxx | |||
Name: | Xxxxx Xxxxxx | |||
Title: | Vice President |
[Signature Page to Supplemental Indenture]