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Exhibit 4(a)(i)
CONFORMED COPY
SUPPLEMENTAL INDENTURE, dated as of May 3, 2001 among X. X. XXXXX
COMPANY, a Pennsylvania corporation (the "Company"), X. X. XXXXX FINANCE
COMPANY, a Delaware corporation (the "CO-OBLIGOR") and BANK ONE, NATIONAL
ASSOCIATION, a national banking association existing under the laws of the
United States of America (the "TRUSTEE") to the Indenture, dated as of July 15,
1992 between the Company and the Trustee (as heretofore supplemented, the
"INDENTURE").
W I T N E S S E T H:
WHEREAS, the parties hereto desire to amend the Indenture as set forth
herein;
WHEREAS, the entry into this Supplemental Indenture by the parties
hereto is in all respects authorized by the provisions of the Indenture; and
WHEREAS, all things necessary to make this Supplemental Indenture a
valid agreement of the parties hereto, in accordance with the terms of the
Indenture, have been done;
NOW, THEREFORE, for and in consideration of the premises, the parties
hereto mutually covenant and agree for the equal and proportionate benefit of
the respective Holders of the Securities from time to time or of a series
thereof, as follows:
ARTICLE 1
DEFINITIONS
Section 1.01. Defined Terms; References. Unless otherwise specifically
defined herein, each term used herein which is defined in the Indenture has the
meaning assigned to such term in the Indenture. Each reference to "hereof",
"hereunder", "herein" and "hereby" and each other similar reference and each
reference to "this Indenture" and each other similar reference contained in the
Indenture shall, after this Supplemental Indenture becomes effective, refer to
the Indenture as supplemented hereby.
ARTICLE 2
AMENDMENTS
Section 2.01. Amendment of Introductory Paragraph. The first paragraph
of the Indenture immediately preceding the first recital is hereby amended by
inserting the following phrase immediately after the phrase "Pennsylvania
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15219,": "and X. X. XXXXX FINANCE COMPANY, a Delaware corporation (hereinafter
called the "Co-Obligor") having its principal office at 000 Xxxxx Xxxxxx, 00xx
Xxxxx, Xxxxxxxxxx, Xxxxxxxxxxxx 00000,".
Section 2.02. Amendment of Certain Definitions. Section 101 of the
Indenture is hereby amended by inserting the following new definitions in
appropriate alphabetical order:
""Co-Obligor" means the Person named as the "Co-Obligor" in
the first paragraph of this instrument, or such Person, if any, that
shall have become the successor to such Person pursuant to the
applicable provisions of this Indenture, whereupon the "Co-Obligor"
shall mean such successor Person.";
""Co-Obligations" means the obligations of the Co-Obligor
pursuant to Section 311(a) hereunder."
Section 2.03. Co-Obligation. The Indenture is hereby amended by
inserting the following new Section 311:
"Section 311. Co-Obligation.
(a) Co-Obligor hereby fully, unconditionally and irrevocably assumes
and agrees to perform and discharge, jointly and severally with the Company, the
due and punctual payment of the principal (including the Redemption Price, if
applicable) of and interest (and additional amounts, if any, pursuant to Section
1008 hereof) on each Security of each series authenticated and delivered by the
Trustee pursuant to the terms of such Security, when and as the same shall
become due and payable whether at maturity or upon redemption or upon
declaration of acceleration or otherwise according to the terms of such Security
and of this Indenture. The obligations of Co-Obligor as a co-obligor hereunder
are primary and not merely those of a surety. Co-Obligor hereby waives
diligence, presentment, demand of payment, any right to require a proceeding
first against the Company, protest or notice and all demands whatsoever with
respect to any such Security or the indebtedness evidenced thereby, and
covenants that the Co-Obligations hereunder will not be discharged as to the
Indenture or the Securities except by payment in full of the principal of and
interest thereon, additional amounts, Redemption Price, and other sums payable
under the Indenture or Securities. In addition, the Co-Obligor agrees to be
bound by, and observe and perform, the terms of Article 8 and Article 10 (other
than Sections 1004 and 1005) of the Indenture as if all references therein to
the "Company" therein were to the Co-Obligor.
(b) The Co-Obligation shall be valid and obligatory with respect to any
Security that has been or will be duly authenticated by the Trustee hereunder.
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(c) The Co-Obligations constitute unsecured obligations of Co-Obligor
ranking equally with all its other existing and future unsecured and
unsubordinated obligations.
(d) Co-Obligor hereby agrees, if the Trustee shall so request, to
execute the Co-Obligations substantially to the effect above recited to be
endorsed on each Security of such Series authenticated and delivered by the
Trustee and the Company agrees, if requested by the Trustee, to execute and
deliver to the Trustee for authentication new Securities with such
Co-Obligations endorsed thereon (and otherwise identical to the old Securities)
for the surrender of any Securities Outstanding on the date of this Supplemental
Indenture. The Co-Obligations endorsed on any Securities shall be executed on
behalf of Co-Obligor by its Chairman of the Board of Directors, President or one
of its Vice Presidents and shall be attested by its Secretary or one of its
Assistant Secretaries and shall have affixed thereto or imprinted or otherwise
reproduced thereon a facsimile of its corporate seal prior to the authentication
of the Securities on which they are endorsed, and the delivery of such
Securities by the Trustee, after the authentication thereof hereunder, shall
constitute due delivery of such Co-Obligations on behalf of Co-Obligor. Such
signatures may be the manual or facsimile signatures of such officers and may be
imprinted or otherwise reproduced on the Co-Obligations. In case any officer of
Co-Obligor who shall have signed any of the Co-Obligations endorsed on any
Securities shall cease to be such officer before the Securities on which such
Co-Obligations are endorsed shall have been authenticated and delivered by the
Trustee or disposed of by the Company, such Securities nevertheless may be
authenticated and delivered or disposed of as though the person who signed such
Co-Obligations had not ceased to be such officer, and any Co-Obligations may be
signed on behalf of Co-Obligor by such persons as, at the actual date of the
execution of such Co-Obligations, shall be the proper officers of Co-Obligor,
although at the date of such Securities or of the execution of this Indenture
any such person was not such an officer.
ARTICLE 3
MISCELLANEOUS
Section 3.01. Other Terms Of The Indenture. Except as insofar as herein
otherwise provided, all the provisions, terms and conditions of the Indenture
are in all respects ratified and confirmed and shall remain in full force and
effect.
Section 3.02. Effectiveness. This Supplemental Indenture shall become
effective on the date hereof when the following conditions are met:
(a) The Trustee shall have received, in accordance with the terms of
the Indenture, an Officers' Certificate dated as of the date hereof and stating
that all conditions precedent, if any, provided for in the Indenture relating to
this Supplemental Indenture have been complied with;
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(b) The Trustee shall have received, in accordance with the terms of
the Indenture, an Opinion of Counsel (as defined in the Indenture) dated as of
the date hereof stating that in the opinion of such counsel (i) the execution of
this Supplemental Indenture is authorized or permitted by the Indenture, (ii)
the Supplemental Indenture, when executed and delivered by the Company and the
Co-Obligor, will constitute a valid and binding obligation of the Company and
the Co-Obligor in accordance with its terms and (iii) the conditions precedent,
if any, provided for in the Indenture relating to this Supplemental Indenture
have been complied with;
(c) The Trustee shall have received a certificate of the secretary of
the Company and of the Co-Obligor attaching, in each case, a resolution of the
board of directors (or an authorized committee thereof) authorizing this
Supplemental Indenture and the transactions contemplated hereby;
(d) The Trustee and the Company shall have received duly executed
counterparts hereof signed by the parties hereto; and
(e) all documents the Trustee may reasonably request relating to the
existence of the Company or the Co-Obligor, the corporate authority for and the
validity of this Supplemented Indenture, and any other matters relevant hereto.
Section 3.03. Governing Law. This Supplemental Indenture shall be
governed by and construed in accordance with the laws of the State of New York
without giving effect to the conflicts of laws provisions thereof.
Section 3.04. Counterparts. This Supplemental Indenture may be executed
in any number of counterparts, each of which shall be deemed to be an original
for all purposes, but such counterparts shall together be deemed to constitute
but one and the same instrument.
Section 3.05. Headings. The Article and Section headings herein are for
convenience only and shall not affect the construction hereof.
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IN WITNESS WHEREOF, the parties hereto have executed this
Supplemental Indenture as of the date first written above.
X. X. XXXXX COMPANY
By: /s/ Xxxx X. Xxxxx
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Name: Xxxx X.Xxxxx
Title: Executive Vice President and
Chief Financial Officer
X. X. XXXXX FINANCE COMPANY
By: /s/ Xxxxxxx X. Xxxxx
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Name: Xxxxxxx X. Xxxxx
Title: Vice President
BANK ONE, NATIONAL ASSOCIATION, as Trustee
By: /s/ Xxxxxx X. Xxxxxx
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Name: Xxxxxx X. Xxxxxx
Title: First Vice President
