Exhibit 4.3 SUPPLEMENTAL INDENTURE
Exhibit 4.3
SUPPLEMENTAL INDENTURE
SUPPLEMENTAL INDENTURE (this "Supplemental Indenture"), dated as of May 5, 2006,
among UAG Minneapolis B1, LLC, JS Imports, LLC, Palm Auto Plaza, LLC, West Palm
Nissan, LLC, UAG Boston FMM, LLC, UAG Boston FMB, LLC, UAG Boston FML, LLC, UAG
Boston FMR, LLC and UAG Boston Bentley, LLC (each a "Guaranteeing Subsidiary"),
each a subsidiary of United Auto Group, Inc. (or its permitted successor), a
Delaware corporation (the "Company"), the Company, the other Guarantors (as
defined in the Indenture referred to herein) and ▇.▇. ▇▇▇▇▇▇ Trust Company,
National Association, as trustee under the Indenture referred to below (the
"Trustee").
WITNESSETH
WHEREAS, the Company has heretofore executed and delivered to the Trustee an
indenture (the "Indenture"), dated as of January 31, 2006 providing for the
issuance of 3.50% Senior Subordinated Convertible Notes due 2026 (the "Notes");
WHEREAS, the Indenture provides that under certain circumstances the
Guaranteeing Subsidiary shall execute and deliver to the Trustee a supplemental
indenture pursuant to which the Guaranteeing Subsidiary shall unconditionally
guarantee all of the Company's Obligations under the Notes and the Indenture on
the terms and conditions set forth herein (the "Note Guarantee"); and
WHEREAS, pursuant to Section 10.01 of the Indenture, the Trustee is authorized
to execute and deliver this 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 Subsidiary 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. The Guaranteeing Subsidiary hereby agrees to provide
a Guarantee on the terms and subject to the conditions set forth in the
Guarantee and in the Indenture including but not limited to Article 12 thereof,
including the subordination provisions thereof.
4. NO RECOURSE AGAINST OTHERS. No past, present or future director, officer,
employee, incorporator, stockholder or agent of the Guaranteeing
Subsidiary(ies), as such, shall have any liability for any obligations of the
Company or any Guaranteeing Subsidiary(ies) under the Notes, any Guarantees, the
Indenture or this Supplemental Indenture or for any claim based on, in respect
of, or by reason of, such obligations or their creation. Each Holder of the
Notes or any Guarantee by accepting a Note waives and releases all such
liability. The waiver and release are part of the consideration for issuance of
the Notes and this Guarantee.
5. NEW YORK LAW TO GOVERN. THE INTERNAL LAW OF THE STATE OF NEW YORK SHALL
GOVERN AND BE USED TO CONSTRUE THIS SUPPLEMENTAL INDENTURE WITHOUT GIVING EFFECT
TO APPLICABLE PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION
OF THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY.
6. COUNTERPARTS. The parties may sign any number of copies of this 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 only and
shall not affect the construction hereof.
8. THE TRUSTEE. The Trustee shall not be responsible in any manner whatsoever
for or in respect of the validity or sufficiency of this Supplemental Indenture
or for or in respect of the recitals contained herein, all of which recitals are
made solely by the Guaranteeing Subsidiary and the Company.
IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture
to be duly executed and attested, all as of the date first above written.
Dated as of May 5, 2006
SIGNATURES
AUTO MALL PAYROLL SERVICES, INC.
▇▇▇▇▇ ▇▇▇▇▇▇ CHEVROLET-GEO, INC.
CENTRAL FORD CENTER, INC.
CJNS, LLC
CLASSIC AUTO GROUP, INC.
CLASSIC ENTERPRISES, LLC
CLASSIC IMPORTS, INC.
CLASSIC MANAGEMENT COMPANY, INC.
CLASSIC MOTOR SALES, LLC
CLASSIC NISSAN OF TURNERSVILLE, LLC
CLASSIC TURNERSVILLE, INC.
▇▇▇▇▇▇▇▇▇ ▇▇▇▇ DODGE, INC.
▇. ▇▇▇▇▇ CHEVROLET, LLC
▇▇▇ ▇▇▇▇▇ CHEVROLET, INC.
▇▇▇ ▇▇▇▇▇ MOTORS, LLC
DEALER ACCESSORIES, LLC
DIFEO PARTNERSHIP, LLC
EUROPA AUTO IMPORTS, INC.
FLORIDA CHRYSLER PLYMOUTH, INC.
FRN OF TULSA, LLC
▇▇▇▇ ▇▇▇▇ CHEVROLET, INC.
GMG MOTORS, INC.
▇▇▇▇▇▇▇ NORTH, LLC
▇▇▇▇▇▇▇ PONTIAC-GMC, LLC
▇▇▇▇▇▇▇ SPRING BRANCH, LLC
HT AUTOMOTIVE, LTD.
KMPB, LLC
KMT/UAG, INC.
▇▇▇▇▇▇▇ AUTO SALES, LLC
▇▇▇▇▇▇▇ BUICK PONTIAC, INC.
▇▇▇▇▇▇▇ FORD NORTH, INC.
▇▇▇▇▇▇▇ FORD, INC.
▇▇▇▇▇▇▇ NISSAN, LLC
▇▇▇▇▇▇▇ UNITED AUTO GROUP NO. 2, INC.
LATE ACQUISITION I, LLC
LATE ACQUISITION II, LLC
LMNS, LLC
LRP, LTD.
▇▇▇▇▇▇▇ CHEVROLET-OLDSMOBILE, INC.
MOTORCARS ACQUISITION II, LLC
MOTORCARS ACQUISITION III, LLC
MOTORCARS ACQUISITION IV, LLC
MOTORCARS ACQUISITION V, LLC
MOTORCARS ACQUISITION VI, LLC
MOTORCARS ACQUISITION, LLC
NATIONAL CITY FORD, INC.
NISSAN OF NORTH OLMSTED, LLC
PEACHTREE NISSAN, INC.
PMRC, LLC
▇▇▇▇-▇▇▇▇▇▇▇ CHEVROLET, INC.
RELENTLESS PURSUIT ENTERPRISES, INC.
SA AUTOMOTIVE, LTD.
SAU AUTOMOTIVE, LTD.
SCOTTSDALE FERRARI, LLC
SCOTTSDALE JAGUAR, LTD.
SCOTTSDALE MANAGEMENT GROUP, LTD.
SIGMA MOTORS, INC.
SK MOTORS, LTD.
SL AUTOMOTIVE, LTD.
SOMERSET MOTORS, INC.
SUN MOTORS, LTD.
THE NEW GRACELAND DODGE, INC.
TRI-CITY LEASING, INC.
UAG ▇▇▇▇▇▇▇ ▇▇, LLC
UAG ATLANTA IV MOTORS, INC.
UAG CAPITOL, INC.
UAG CARIBBEAN, INC.
UAG CAROLINA, INC.
UAG CENTRAL FLORIDA MOTORS, LLC
UAG CENTRAL REGION MANAGEMENT, INC.
UAG CERRITOS, LLC
UAG CHCC, INC.
UAG CHEVROLET, INC.
UAG CITRUS MOTORS, LLC
UAG CLASSIC, INC.
UAG CLOVIS, INC.
UAG CONNECTICUT, LLC
UAG DULUTH, INC.
UAG EAST, LLC
UAG ESCONDIDO A1, INC.
UAG ESCONDIDO H1, INC.
UAG ESCONDIDO M1, INC.
UAG FAYETTEVILLE I, LLC
UAG FAYETTEVILLE II, LLC
UAG FAYETTEVILLE III, LLC
UAG FINANCE COMPANY, INC.
UAG GRACELAND II, INC.
UAG ▇▇▇▇▇▇, INC.
UAG INTERNATIONAL HOLDINGS, INC.
UAG KISSIMMEE MOTORS, INC.
UAG ▇▇▇▇▇▇▇ SPRINGDALE, LLC
UAG LOS GATOS, INC.
UAG MARIN, INC.
UAG MEMPHIS II, INC.
UAG MEMPHIS IV, INC.
UAG MEMPHIS MANAGEMENT, INC.
UAG MICHIGAN CADILLAC, LLC
UAG MICHIGAN H1, LLC
UAG MICHIGAN H2, LLC
UAG MICHIGAN PONTIAC-GMC, LLC
UAG MICHIGAN T1, LLC
UAG MICHIGAN TMV, LLC
UAG NANUET I, LLC
UAG NANUET II, LLC
UAG NEVADA LAND, LLC
UAG NORTHEAST, LLC
UAG OLDSMOBILE OF INDIANA, LLC
UAG PHOENIX VC, LLC
UAG ROYAL PALM, LLC
UAG SAN DIEGO A1, INC.
UAG SAN DIEGO AU, INC.
UAG SAN DIEGO H1, INC.
UAG SAN DIEGO JA, INC.
UAG SAN DIEGO MANAGEMENT, INC.
UAG SOUTHEAST, INC.
UAG SPRING, LLC
UAG STEVENS CREEK II, INC.
UAG SUNNYVALE, INC.
UAG TORRANCE, INC.
UAG TULSA JLM, LLC
UAG TULSA VC, LLC
UAG TURNERSVILLE MOTORS, LLC
UAG ▇▇ ▇▇, LLC
UAG VK, LLC
UAG WEST BAY AM, LLC
UAG ▇▇▇▇ ▇▇▇ ▇▇, ▇▇▇
▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇, LLC
UAG WEST BAY IAU, LLC
UAG WEST BAY IB, LLC
UAG ▇▇▇▇ ▇▇▇ ▇▇, ▇▇▇
▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇, LLC
UAG WEST BAY IM, LLC
UAG WEST BAY IN, LLC
UAG WEST BAY IP, LLC
UAG WEST BAY IV, LLC
UAG WEST BAY IW, LLC
UAG WEST, LLC
UAG YOUNG AUTOMOTIVE GROUP, LLC
UAG YOUNG II, INC.
UAG/PFS, INC.
UNITED FORD BROKEN ARROW, LLC
UNITED FORD NORTH, LLC
UNITED FORD SOUTH, LLC
UNITED NISSAN, INC. (A GEORGIA
CORPORATION)
UNITED NISSAN, INC. (A TENNESSEE
CORPORATION)
UNITED RANCH AUTOMOTIVE, LLC
UNITEDAUTO DODGE OF SHREVEPORT, INC.
UNITEDAUTO SCOTTSDALE PROPERTY HOLDINGS,
LLC
WEST PALM AUTO MALL, INC.
WESTBURY SUPERSTORE, LTD.
YOUNG AUTOMOTIVE HOLDINGS, LLC
YOUNG MANAGEMENT GROUP, INC.
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇.
------------------------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇.
Title: Assistant Secretary
ATLANTIC AUTO FUNDING CORPORATION
ATLANTIC AUTO SECOND FUNDING CORPORATION
ATLANTIC AUTO THIRD FUNDING CORPORATION
UAG MICHIGAN HOLDINGS, INC.
UAG NORTHEAST BODY SHOP, INC.
UAG REALTY, LLC
UAG TEXAS II, INC.
UAG TEXAS, LLC
UAG TULSA HOLDINGS, LLC
UAG TURNERSVILLE REALTY, LLC
UNITEDAUTO FIFTH FUNDING, INC.
UNITED AUTO LICENSING, LLC
UNITED AUTOCARE PRODUCTS, LLC
UNITEDAUTO FINANCE, INC.
UNITEDAUTO FOURTH FUNDING INC.
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇.
------------------------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇.
Title: Secretary
DIFEO HYUNDAI PARTNERSHIP
DIFEO NISSAN PARTNERSHIP
DIFEO CHRYSLER PLYMOUTH JEEP EAGLE
PARTNERSHIP
DIFEO LEASING PARTNERSHIP
DANBURY AUTO PARTNERSHIP
DIFEO TENAFLY PARTNERSHIP
OCT PARTNERSHIP
▇▇▇▇▇▇ MOTORS PARTNERSHIP
COUNTY AUTO GROUP PARTNERSHIP
SOMERSET MOTORS PARTNERSHIP
By: DIFEO PARTNERSHIP, LLC
A general partner
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇.
------------------------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇.
Title: Assistant Secretary
▇▇▇▇▇▇▇ AUTOMOTIVE, LTD.
UAG HOUSTON ACQUISITION, LTD.
By: UAG TEXAS II, INC., a general
partner
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇.
------------------------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇.
Title: Secretary
WTA MOTORS, LTD.
By: LATE ACQUISITION II, LLC, a general
partner
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇.
------------------------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇.
Title: Assistant Secretary
UAG GD, LTD.
UAG GN, LTD.
UAG GP, LTD.
UAG GW, LTD.
By: UAG HOUSTON ACQUISITION, LTD.,
a general partner
By: UAG TEXAS II, INC., a general
partner
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇.
------------------------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇.
Title: Secretary
UAG MINNEAPOLIS B1, LLC
JS IMPORTS, LLC
PALM AUTO PLAZA, LLC
WEST PALM NISSAN, LLC
UAG BOSTON FMM, LLC
UAG BOSTON FMB, LLC
UAG BOSTON FML, LLC
UAG BOSTON FMR, LLC
UAG BOSTON BENTLEY, LLC
WEST PALM S1, LLC
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇.
------------------------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇.
Title: Assistant Secretary
UNITED AUTO GROUP, INC.
By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
------------------------------------
Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
Title: Vice President and Secretary
▇.▇.▇▇▇▇▇▇ TRUST COMPANY, NATIONAL
ASSOCIATION, AS TRUSTEE
By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇
------------------------------------
Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇
Title: Vice President