THIRD SUPPLEMENTAL INDENTURE

Contract Categories: Business Finance - Indenture Agreements
EX-4.5 10 dex45.htm THIRD SUPPLEMENTAL INDENTURE Third Supplemental Indenture

EXHIBIT 4.5

 

 

THIRD SUPPLEMENTAL INDENTURE

 

to

 

INDENTURE

 

Dated as of December 1, 2005

 

among

 

CHAPARRAL ENERGY, INC.

 

as Issuer,

 

The GUARANTORS named therein

 

and

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

 

as Trustee

 


 

8 1/2% Senior Notes due 2015

 

 


 

THIRD SUPPLEMENTAL INDENTURE

 

        This THIRD SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of July 30, 2007 and effective as of April 16, 2007, among Green Country Supply, Inc., an Oklahoma corporation (the “New Guarantor”), a subsidiary of Chaparral Energy, Inc. (or its successor), a Delaware corporation (the “Issuer”), the Guarantors (the “Existing Guarantors”) under the Indenture referred to below, and Wells Fargo 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 December 1, 2005, as amended by that certain First Supplemental Indenture, dated as of August 24, 2006, as amended by that certain Second Supplemental Indenture, dated as of October 31, 2006 (as such may be amended from time to time, the “Indenture”), providing for the issuance of its 8 1/2% Senior Notes due 2015 (the “Notes”);

 

        WHEREAS under certain circumstances the Issuer is required pursuant to Section 4.20 of the Indenture to cause the New Guarantor to execute and deliver to the Trustee a supplemental indenture pursuant to which the New Guarantor shall unconditionally guarantee all of the Issuer’s obligations under the Notes and the Indenture on the terms set forth in the Indenture; and

 

        WHEREAS pursuant to Section 9.1 of the Indenture, the Trustee, the Issuer and the Existing Guarantors are 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 Issuer, the Guarantors and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders as follows:

 

        1. Definitions. (a) Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture.

 

        (b) For all purposes of this Supplemental Indenture, except as otherwise herein expressly provided or unless the context otherwise requires: (i) the terms and expressions used herein shall have the same meanings as corresponding terms and expressions used in the Indenture; and (ii) the words “herein,” “hereof” and “hereby” and other words of similar import used in this Supplemental Indenture refer to this Supplemental Indenture as a whole and not to any particular section hereof.

 

        2. Denominations of Senior Notes. The New Guarantor hereby agrees, jointly and severally with all other Guarantors, to guarantee the Issuer’s obligations under the Notes on the terms and subject to the conditions set forth in Article 12 of the Indenture and to be bound by all other applicable provisions of the Indenture. From and after the date hereof, the New Guarantor shall be a Subsidiary Guarantor for all purposes under the Indenture and the Notes

 

 


        3. Ratification of Indenture; Supplemental Indentures Part of Indenture. Except as expressly amended hereby, the Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This Supplemental Indenture shall form a part of the Indenture for all purposes, and every Holder heretofore or hereafter authenticated and delivered shall be bound hereby.

 

        4. Governing Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

 

        5. Trustee Makes No Representation. 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 are made solely by the Issuer.

 

        6. Multiple Counterparts. The parties may sign multiple counterparts of this Supplemental Indenture. Each signed counterpart shall be deemed an original, but all of them together represent one and the same agreement.

 

        7. Headings. The headings of this Supplemental Indenture have been inserted for convenience of reference only, are not to be considered a part hereof, and shall in no way modify or restrict any of the terms or provisions hereof.

 

[Signatures on following pages]

 

 

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

 

CHAPARRAL ENERGY, INC.

By:

  /s/ Mark A. Fischer

Name: Mark A. Fischer

Title: President and Chief Executive Officer

 

EXISTING GUARANTORS:

 

CHAPARRAL ENERGY, L.L.C.

NORAM PETROLEUM, L.L.C.

CHAPARRAL RESOURCES, L.L.C.

CHAPARRAL CO2, L.L.C.

CHAPARRAL TEXAS, L.P.

        By: CHAPARRAL ENERGY, L.L.C.,

              its general partner

CEI ACQUISITION, L.L.C.

JMG OIL & GAS, LP

        By: CHAPARRAL ENERGY, L.L.C.,

              its general partner

CEI PIPELINE, L.L.C.

By:

  /s/ Mark A. Fischer

Name: Mark A. Fischer

Title: Manager

 

CALUMET OIL COMPANY

TRIUMPH TOOLS & SUPPLY, L.L.C.

CHAPARRAL REAL ESTATE, L.L.C.

By:

  /s/ Mark A. Fischer

Name: Mark A. Fischer

Title: President

 

 

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NEW GUARANTOR:

 

GREEN COUNTRY SUPPLY, INC.

By:

  /s/ Mark A. Fischer

Name: Mark A. Fischer

Title: President

 

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WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee

By:

  /s/ John C. Stohlmann

Name: John C. Stohlmann

Title: Vice President

 

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