Indenture Amendments. Subject to Article II hereof, the Indenture is hereby amended as follows: A. All references in the Indenture and Exhibit 1 to “7% Senior Notes Due 2021” shall be amended to “1.50% Subordinated PIK Notes due 2022”; B. The Stated Maturity of the Securities is hereby changed from “April 1, 2021” to “December 31, 2022”; C. All references to minimum denominations with respect to redemption of Securities in the Indenture, including with respect to the selection of any Securities to be redeemed pursuant to Sections 4.06 and 4.09, and Exhibit 1 shall be changed from minimum denominations of $2,000 principal amount or any greater integral multiple of $1,000 to Securities in denominations of at least $2,000, or integral multiples of $1 in excess thereof; D. The definition of “Change of Control” is hereby amended by deleting the period at the end thereof and inserting the text: “; provided, however, that no merger or amalgamation of the Issuer or the Parent with or into another person effected to change the domicile of the Issuer or the Parent, as applicable, shall be a Change of Control; and provided further, that the foregoing definition of “Change of Control” shall apply only to such events occurring after August 31, 2017.” E. The definition of “Initial Securities” shall be amended and restated in its entirety as follows:
Appears in 1 contract
Sources: Fourth Supplemental Indenture (Boart Longyear Suisse Sarl)
Indenture Amendments. Subject to Article II hereof, the Indenture is hereby amended as follows:
A. All references in the Indenture and Exhibit 1 to “7% Senior Notes Due 2021” shall be amended to “1.50% Subordinated PIK Notes due 2022”;
B. The Stated Maturity of the Securities is hereby changed from “April 1, 2021” to “December 31, 2022”;
C. All references to minimum denominations with respect to redemption of Securities in the Indenture, including with respect to the selection of any Securities to be redeemed pursuant to Sections 4.06 and 4.09, and Exhibit 1 shall be changed from minimum denominations of $2,000 principal amount or any greater integral multiple of $1,000 to Securities in denominations of at least $2,000, or integral multiples of $1 in excess thereof;
D. The definition of “Change of Control” is hereby amended by deleting the period at the end thereof and inserting the text: “; provided, however, that no merger or amalgamation of the Issuer or the Parent with or into another person effected to change the domicile of the Issuer or the Parent, as applicable, shall be a Change of Control; and provided further, that the foregoing definition of “Change of Control” shall apply only to such events occurring after August 31, 2017[ ].”
E. The definition of “Initial Securities” shall be amended and restated in its entirety as follows:
Appears in 1 contract