AXIALL CORPORATION SECOND SUPPLEMENTAL INDENTURE To the Indenture dated as of February 1, 2013
Exhibit 4.1
AXIALL CORPORATION
SECOND SUPPLEMENTAL INDENTURE
To the Indenture dated as of February 1, 2013
SECOND SUPPLEMENTAL INDENTURE (this Second Supplemental Indenture), dated as of June 27, 2014, among RBS (U.S.A.) Limited (the Guaranteeing Subsidiary), a Delaware corporation and subsidiary of Axiall Corporation, a Delaware corporation (the Issuer), the Issuer and U.S. Bank National Association, as trustee under the Indenture referred to below (the Trustee).
W I T N E S S E T H
WHEREAS, the Issuer has heretofore executed and delivered to the Trustee an indenture, dated as of February 1, 2013 as supplemented by the First Supplemental Indenture dated as of December 30, 2013, among the Company, the guarantors party thereto and the Trustee (as supplemented, the Indenture), providing for the issuance of 4.875% Senior Notes due 2023 (the Notes);
WHEREAS, the Indenture provides that 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 Issuers Obligations under the Notes and the Indenture on the terms and conditions set forth therein and herein (the Note Guarantee); and
WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee is authorized to execute and deliver this Second 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 an unconditional Guarantee on the terms and subject to the conditions set forth in the Note Guarantee and in the Indenture including but not limited to Article 10 thereof.
4. NO RECOURSE AGAINST OTHERS. No past, present or future director, officer, employee, incorporator, stockholder or agent of the Guaranteeing Subsidiary, as such, shall have any liability for any obligations of the Issuer or any Guaranteeing Subsidiary under the Notes, any Note Guarantees, the Indenture or this Second 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 by accepting a Note waives and releases all such liability.
5. NEW YORK LAW TO GOVERN. THE INTERNAL LAW OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE THIS SECOND 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 Second 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 Second 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 Issuer.
[Signature Page to Follow]
IN WITNESS WHEREOF, the parties hereto have caused this Second Supplemental Indenture to be duly executed and attested, all as of the date first above written.
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| AXIALL CORPORATION | ||
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| By: | /s/ Gregory C. Thompson | |
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| Name: | Gregory C. Thompson |
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| Title: | Chief Financial Officer |
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| RBS (U.S.A.) LIMITED | ||
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| By: | /s/ Gregory C. Thompson | |
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| Name: | Gregory C. Thompson |
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| Title: | Treasurer |
Signature Page to Axiall Second
Supplemental Indenture to 4.875% Notes
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| U.S. BANK NATIONAL ASSOCIATION, as Trustee | ||
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| By: | /s/ Jack Ellerin | |
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| Authorized Signatory |