THIRD SUPPLEMENTAL INDENTURE

EX-4.4 17 d771529dex44.htm EX-4.4 EX-4.4

Exhibit 4.4

THIRD SUPPLEMENTAL INDENTURE

Third Supplemental Indenture (this “Supplemental Indenture”), dated as of December 18th, 2014 among each of the entities set forth on Schedule I (the “Guaranteeing Subsidiaries”), each a subsidiary of APX Group, Inc., a Delaware corporation (the “Issuer”), and Wilmington Trust, National Association, a national banking association, as trustee (the “Trustee”).

W I T N E S S E T H

WHEREAS, the Issuer and the Guarantors have heretofore executed and delivered to the Trustee an Indenture (the “Indenture”), dated as of November 16, 2012, providing for the issuance of an unlimited aggregate principal amount of 6.375% Senior Secured Notes due 2019 (the “Notes”);

WHEREAS, the Indenture provides that under certain circumstances the Guaranteeing Subsidiaries shall execute and deliver to the Trustee a supplemental indenture pursuant to which the Guaranteeing Subsidiaries shall unconditionally guarantee all of the Issuer’s Obligations under the Notes and the Indenture on the terms and conditions set forth herein and under the Indenture (the “Guarantee”); and

WHEREAS, pursuant to Section 9.01 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 parties mutually covenant and agree for the equal and ratable benefit of the Holders 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. Each Guaranteeing Subsidiary acknowledges that it has received and reviewed a copy of the Indenture and all other documents it deems necessary to review in order to enter into this Supplemental Indenture, and acknowledges and agrees to (i) join and become a party to the Indenture as indicated by its signature below; (ii) be bound by the Indenture, as of the date hereof, as if made by, and with respect to, each signatory hereto; and (iii) perform all obligations and duties required of a Guarantor pursuant to the Indenture. Each Guaranteeing Subsidiary hereby agrees to provide an unconditional Guarantee on the terms and subject to the conditions set forth in the Indenture, including, but not limited to, Article 10 thereof.

(3) Execution and Delivery. Each Guaranteeing Subsidiary agrees that the Guarantee shall remain in full force and effect notwithstanding the absence of the endorsement of any notation of such Guarantee on the Notes.

(4) No Recourse Against Others. No past, present or future director, officer, employee, incorporator, member, partner or stockholder of the Issuer or any of the Guaranteeing Subsidiaries (other than the Issuer and the Guarantors) shall have any liability for any obligations of the Issuer or the Guarantors (including the Guaranteeing Subsidiaries) under the Notes, any Guarantees, the Indenture, the Collateral Documents or this Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder by accepting Notes waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes.

(5) Governing Law. THIS SUPPLEMENTAL INDENTURE WILL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

(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. This Supplemental Indenture may be executed in multiple counterparts which, when taken together, shall constitute one instrument. The exchange of copies of this Supplemental Indenture and of signature pages by facsimile or PDF transmissions shall constitute effective execution and delivery of this Supplemental Indenture as to the parties hereto and may be used in lieu of the original Supplemental Indenture for all purposes. Signatures of the parties hereto transmitted by facsimile or PDF shall be deemed to be their original signatures for all purposes.

 

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(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.

(9) Benefits Acknowledged. The Guarantee of each Guaranteeing Subsidiary is subject to the terms and conditions set forth in the Indenture. Each Guaranteeing Subsidiary acknowledges that it will receive direct and indirect benefits from the financing arrangements contemplated by the Indenture and this Supplemental Indenture and that the guarantee and waivers made by it pursuant to this Guarantee are knowingly made in contemplation of such benefits.

(10) Successors. All agreements of each Guaranteeing Subsidiary in this Supplemental Indenture shall bind its Successors, except as otherwise provided in this Supplemental Indenture. All agreements of the Trustee in this Supplemental Indenture shall bind its successors.

 

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IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed, all as of the date first above written.

 

FARMINGTON IP LLC

 

By: IPR LLC, as sole member

 

By: AP AL LLC, its sole member

 

By: Vivint, Inc., as sole member

By:   /s/ Mark Davies
  Name: Mark Davies
  Title: Chief Financial Officer

IPR LLC

 

By: AP AL LLC, its sole member

 

By: Vivint, Inc., as sole member

By:   /s/ Mark Davies
  Name: Mark Davies
  Title: Chief Financial Officer
SMARTROVE INC.
By:   /s/ Verkat Kalkunte
  Name: Verkat Kalkunte
  Title: President and CEO

VIVINT FIREWILD, LLC

 

By: Vivint Wireless, Inc., as sole member

By:   /s/ Mark Davies
  Name: Mark Davies
  Title: Chief Financial Officer

 


VIVINT GROUP, INC.
By:   /s/ Mark Davies
  Name: Mark Davies
  Title: Chief Financial Officer
VIVINT LOUISIANA LLC
By:   /s/ Abraham Garcia
  Name: Abraham Garcia
  Title: Manager

 


VIVINT DATA MANAGEMENT, LLC

 

By: Vivint Group, Inc., as sole member

By:   /s/ Mark Davies
  Name:  Mark Davies
  Title:    Chief Financial Officer


WILMINGTON TRUST, NATIONAL ASSOCIATION, as Trustee
By:   /s/ Adam Berman
  Name: Adam Berman
  Title: Vice President


Schedule I

 

Guarantor

  

Jurisdiction of Incorporation

Farmington IP LLC

   Delaware

IPR LLC

   Delaware

Smartrove Inc.

   Delaware

Vivint Data Management, LLC

   Delaware

Vivint FireWild, LLC

   Delaware

Vivint Group, Inc.

   Delaware

Vivint Louisiana LLC

   Louisiana