EXHIBIT 4.13
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AIRTRAN AIRLINES, INC.,
as Issuer,
AIRTRAN HOLDINGS, INC. AND
THE SUBSIDIARY GUARANTORS SIGNATORIES HERETO,
as Guarantors
and
THE BANK OF NEW YORK,
as Trustee and Collateral Trustee
__________________________
SECOND SUPPLEMENTAL INDENTURE
Dated as of April 23, 1999
to
INDENTURE
Dated as of August 13, 1997
__________________________
10 1/2% Senior Secured Notes due 2001
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SECOND SUPPLEMENTAL INDENTURE
SECOND SUPPLEMENTAL INDENTURE (this "Supplemental Indenture"), dated as of
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April 23, 1999, by and among AirTran Airlines, Inc., a Nevada corporation (the
"Company"), AirTran Holdings, Inc., a Nevada corporation (the "Parent Company"),
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the Subsidiary Guarantors parties hereto (the "Guarantors") and The Bank of New
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York, as trustee and collateral trustee (the "Trustee").
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RECITALS
WHEREAS, the Company, the Parent Company and the Guarantors have heretofore
executed and delivered to the Trustee an Indenture, dated as of August 13, 1997
(the "Indenture"), providing for the issuance of an aggregate principal amount
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of $80,000,000 of 10 1/2% Senior Secured Notes due 2001 (the "Notes"); and
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WHEREAS, certain of the Company=s Subsidiaries (i.e., ValuJet Capital
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Corp., ValuJet Management Corp., ValuJet I, Ltd., ValuJet II, Ltd., ValuJet
Reservation Partners, L.P. and ValuJet Corporate Partners, L.P.) have been
liquidated into the Company as their parent entity and the Company has succeeded
to all of the rights and obligations of such Subsidiaries; and
WHEREAS, pursuant to Section 901 of the Indenture, the Company and the
Trustee may enter into one or more supplemental indentures without the consent
of any Holders to make certain changes to the Indenture; and
WHEREAS, the Indenture provides for the execution and delivery of a
supplement to the Indenture which shall particularly describe the Collateral
being specifically mortgaged to the Trustee for the benefit and security of the
Holders pursuant to the Indenture; and
WHEREAS, the Indenture relates to certain Airframes more particularly
described therein, which Indenture was recorded with the FAA on November 4, 1997
and given Conveyance No. GG011890; and
WHEREAS, it is the desire of the Trustee and the Company to add as
Collateral under the Indenture one (1) XxXxxxxxx Xxxxxxx DC-9-32 aircraft,
registration number N911VV and serial number 47285 (the "Replacement Aircraft")
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in replacement of and substitution for one (1) XxXxxxxxx Xxxxxxx DC-9-32
aircraft, registration number N925VV and serial number 47319 (the "Released
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Aircraft");
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NOW THEREFORE, in consideration of the foregoing and for other good and
valuable consideration, the receipt of which is hereby acknowledged, the
Company, the Parent Company, the Guarantors and the Trustee mutually covenant
and agree for the equal and ratable benefit of the Holders of the Notes as
follows:
1. Definitions. Capitalized terms used herein without definition shall
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have the meanings assigned to them in the Indenture. For all purposes of this
Supplemental Indenture, except as otherwise herein expressly provided or unless
the context otherwise requires, 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.
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2. Substitute Security.
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(a) To secure the prompt payment of the principal amount of and
interest on, and all other amounts due with respect to, all Securities from time
to time outstanding under the Indenture and the performance and observance by
the Company of all the agreements, covenants and provisions contained in the
Indenture for the benefit and security of the Holders under the Indenture and
the prompt payment of any and all amounts from time to time owing under the
Indenture by the Company to the Trustee, the Company does hereby grant, sell,
assign, transfer, convey, pledge and confirm unto the Trustee, its successors
and assigns, for the benefit and security of the Holders and the Trustee, a
first priority security interest in all estate, right, title and interest of the
Company in and to the Replacement Aircraft together with all equipment and
accessories, parts and appurtenances pertaining or attached to the Replacement
Aircraft, whether now owned or hereafter acquired, and all warranties of any
manufacturer with respect thereto.
(b) As evidence of the releasing of all right, title and interest of
the Trustee in, to and under the Released Aircraft and Released Engines, the
Trustee shall execute a separate Partial Release and any other document
reasonably requested by the Company to evidence such release.
(c) The Company hereby acknowledges that the Replacement Aircraft
referred to in this Supplemental Indenture is owned by and has been delivered to
the Company and is included in the property of the Company subject to the pledge
and mortgage thereof under the Indenture.
3. Ratification of Indenture; Supplemental Indentures Part of Indenture.
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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 Notes heretofore or hereafter
authenticated and delivered shall be bound hereby.
4. Governing Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND
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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 REGARD TO
PRINCIPLES OF CONFLICTS OF LAW.
5. Trustee Makes No Representation. The Trustee makes no representation
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as to the validity or sufficiency of this Supplemental Indenture.
6. Counterparts. The parties may sign any number of copies of this
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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
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only and shall not affect the construction thereof.
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IN WITNESS WHEREOF, the parties hereto have caused this Supplemental
Indenture to be duly executed as of the date first above written.
AIRTRAN AIRLINES, INC., the Company
By: /s/ Xxxxxx X. Xxxxxxx
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Name: Xxxxxx X. Xxxxxxx
Title: CEO
AIRTRAN HOLDINGS, INC., the Parent
Company
By: /s/ Xxxxxx X. Xxxxxxx
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Name: Xxxxxx X. Xxxxxxx
Title: CEO
AIRTRAN AIRWAYS, INC., as Guarantor
By: /s/ Xxxxxx X. Xxxxxxx
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Name: Xxxxxx X. Xxxxxxx
Title: CEO
VALUJET INVESTMENT CORP., as
Guarantor
By: /s/ Xxxxxx X. Xxxxxxx
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Name: Xxxxxx X. Xxxxxxx
Title: CEO
THE BANK OF NEW YORK, as Trustee and
Collateral Trustee
By:
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Name:
Title:
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