Tenth Supplemental Indenture, dated as of December 7, 2018, among Clearway Energy Operating LLC, the guarantors named therein and Delaware Trust Company (as successor in interest to Law Debenture Trust Company of New York)

Contract Categories: Business Finance - Indenture Agreements
EX-4.1 2 a18-41418_1ex4d1.htm EX-4.1

Exhibit 4.1

 

TENTH SUPPLEMENTAL INDENTURE

 

TENTH SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of December 7, 2018, among ECP Uptown Campus Holdings LLC (the “Guaranteeing Subsidiary”), a subsidiary of Clearway Energy Operating LLC (formerly known as NRG Yield Operating LLC) (or its permitted successor), a Delaware limited liability company (the “Company”), the Company, the other Guarantors (as defined in the Indenture referred to herein) and Delaware Trust Company (as successor in interest to Law Debenture Trust Company of New York), as trustee under the Indenture referred to below (the “Trustee”).

 

W I T N E S S E T H

 

WHEREAS, the Company has heretofore executed and delivered to the Trustee an indenture (the “Indenture”), dated as of August 5, 2014 providing for the issuance of 5.375% Senior Notes due 2024 (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 fully and unconditionally guarantee all of the Company’s Obligations under the Notes and the Indenture on the terms and conditions set forth herein (the “Subsidiary Guarantee”); and

 

WHEREAS, pursuant to Sections 4.10 and 9.01 of the Indenture, the Trustee, the Company and the other 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 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 becomes party to the Indenture as a Guarantor and as such will have all the rights and be subject to all the Obligations and agreements of Guarantors under the Indenture. The Guaranteeing Subsidiary hereby agrees to provide a full and unconditional Guarantee on the terms and subject to the conditions set forth in the Subsidiary Guarantee and in the Indenture including but not limited to Article 10 thereof.

 

3.                                      NO RECOURSE AGAINST OTHERS. No director, officer, employee, incorporator or stockholder of the Company or any Guarantor, as such, will have any liability for any obligations of the Company or the Guarantors under the Notes, this Indenture, the Subsidiary Guarantees or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The

 


 

waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws.

 

4.                                      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.

 

5.                                      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.

 

6.                                      EFFECT OF HEADINGS. The Section headings herein are for convenience only and shall not affect the construction hereof.

 

7.                                      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.

 

8.                                      RATIFICATION OF INDENTURE; SUPPLEMENTAL INDENTURE FOR ADDITIONAL GUARANTEES 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 for Additional Guarantees shall form a part of the Indenture for all purposes, and every Holder of Notes heretofore or hereafter authenticated and delivered shall by bound hereby.

 

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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.

 

 

ECP UPTOWN CAMPUS HOLDINGS LLC

 

 

 

 

By:

/s/ Chad Plotkin

 

Name:

Chad Plotkin

 

Title:

Vice President & Treasurer

 

 

 

 

CLEARWAY ENERGY OPERATING LLC

 

CLEARWAY ENERGY LLC

 

DGPV HOLDING LLC

 

 

 

 

By:

/s/ Chad Plotkin

 

Name:

Chad Plotkin

 

Title:

Senior Vice President, Chief Financial Officer & Treasurer

 

 

 

 

ALTA WIND 1-5 HOLDING COMPANY, LLC

 

ALTA WIND COMPANY, LLC

 

CENTRAL CA FUEL CELL 1, LLC

 

CLEARWAY SOLAR STAR LLC

 

ENERGY CENTER CAGUAS HOLDINGS LLC

 

FUEL CELL HOLDINGS LLC

 

PORTFOLIO SOLAR I, LLC

 

RPV HOLDING LLC

 

SOLAR FLAGSTAFF ONE LLC

 

SOLAR IGUANA LLC

 

SOLAR LAS VEGAS MB 1 LLC

 

SOLAR TABERNACLE LLC

 

SOUTH TRENT HOLDINGS LLC

 

SPP ASSET HOLDINGS, LLC

 

SPP FUND II HOLDINGS, LLC

 

SPP FUND II, LLC

 

SPP FUND II-B, LLC

 

SPP FUND III, LLC

 

THERMAL CANADA INFRASTRUCTURE HOLDINGS LLC

 

THERMAL INFRASTRUCTURE DEVELOPMENT HOLDINGS LLC

 

UB FUEL CELL, LLC

 

 

 

 

By:

/s/ Chad Plotkin

 

Name:

Chad Plotkin

 

Title:

Vice President & Treasurer

 

[Signature Page to Tenth Supplemental Indenture]

 


 

 

DELAWARE TRUST COMPANY

 

 

 

 

By:

/s/ Thomas Musarra

 

 

Authorized Signatory:

 

[Signature Page to Tenth Supplemental Indenture]