First Supplemental Indenture

Contract Categories: Business Finance - Indenture Agreements
EX-4.A.1 3 h22342exv4waw1.htm FIRST SUPPLEMENTAL INDENTURE exv4waw1
 

EXHIBIT 4.A.1

 
 

Colorado Interstate Gas Company

and

Harris Trust and Savings Bank, Trustee


FIRST SUPPLEMENTAL INDENTURE
Dated as of June 27, 1997

to

INDENTURE
Dated as of June 27, 1997


$100,000,000

6.85% Senior Debentures Due June 15, 2037

 
 

 


 

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     FIRST SUPPLEMENTAL INDENTURE, dated as of June 27, 1997, between Colorado Interstate Gas Company, a Delaware corporation (the “Company”), and Harris Trust and Savings Bank, a banking corporation organized under the laws of the State of Illinois, as Trustee (the “Trustee”), to the Indenture dated as of June 27, 1997 (the “Indenture”), between the Company and the Trustee.

     Pursuant to Section 9.01(6) of the Indenture, each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the Holders of the Company’s Debentures (as defined below) to supplement the Indenture to establish the form and terms of a Series of Securities of the Company under the Indenture to be entitled the “6.85% Senior Debentures Due June 15, 2037”:

ARTICLE ONE

FORM AND TERMS OF SECURITIES

SECTION 1.01 Terms of Securities To Be Issued.

     (a) A Series of Securities which shall be designated the “6.85% Senior Debentures Due June 15, 2037” (the “Debentures”) shall be executed, authenticated and delivered in accordance with the provisions of, and shall in all respects be subject to, the definitions, terms, conditions and covenants of the Indenture, including without limitation the terms set forth in this First Supplemental Indenture.

     (b) Pursuant to Section 2.02 of the Indenture, the Debentures shall initially be issued in the form of one or more Global Securities.

     (c) The aggregate principal amount of Debentures which may be authenticated and delivered under this First Supplemental Indenture shall not exceed $100,000,000 (except for Debentures authenticated and delivered upon transfer of, or in exchange for, or in lieu of, other Debentures pursuant to Section 2.07, 2.08, 2.11, 3A.08 or 9.05 of the Indenture). The entire amount of Debentures may forthwith be executed by the Company and delivered to the Trustee and shall be authenticated by the Trustee and delivered to or upon the order of the Company pursuant to Section 2.03 of the Indenture.

     (d) The Debentures shall mature on June 15, 2037.

     (e) The Debentures shall bear interest, and such interest shall be payable, as provided in Article Two hereof.

SECTION 1.02 Form of the Debentures.

     The Debentures and the Trustee’s certificate of authentication shall be substantially in the form of Exhibit A annexed hereto. The terms and provisions

 


 

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contained in the Debentures shall constitute and are hereby expressly made a part of this First Supplemental Indenture.

ARTICLE TWO

PAYMENT OF INTEREST ON THE DEBENTURES

SECTION 2.01 Interest Payment Dates.

     (a) The Debentures shall bear interest from June 27, 1997 or from the most recent Interest Payment Date (as hereinafter defined) to which interest has been paid or duly provided for, at the rate of 6.85% per annum, and such interest shall be payable each June 15 and December 15 (each an “Interest Payment Date”) to the person in whose name the Debenture is registered at the close of business on the regular record date (the “Regular Record Date”) for any such Interest Payment Date, which shall be the last day of the month preceding the month in which such Interest Payment Date occurs (whether or not a Business Day).

     (b) The first Interest Payment Date on the Debentures shall be December 15, 1997.

ARTICLE THREE

REDEMPTION

SECTION 3.01 Redemption at the Option of the Company.

     The Debentures are not redeemable at the option of the Company prior to their maturity.

SECTION 3.02 Redemption at the Option of the Holders.

     (a) On June 15, 2007, or if such date is not a Business Day, then the next succeeding Business Day (the “Redemption Date”), each Holder of Debentures will have the right (the “Redemption Right”) to require the Company to redeem all or any part (equal to $1,000 in principal amount or an integral multiple thereof) of such Holder’s Debentures, in accordance with this Section 3.02, at a redemption price equal to 100% of the aggregate principal amount thereof (the “Redemption Price”) plus accrued and unpaid interest, if any, to the Redemption Date.

     (b) On or prior to March 30, 2007, the Company shall send, by first class mail, postage prepaid, a notice of the Redemption Right to each Holder of Debentures at its address appearing in the Security Register, with a copy to the Trustee, which notice shall contain all instructions and materials necessary to enable such Holder to submit its Debentures for redemption pursuant to the Redemption Right. Such notice shall state:

 


 

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     (1) that such Holder has the Redemption Right pursuant to this Section 3.02;

     (2) the Redemption Date;

     (3) the Redemption Price (including the amount of any accrued and unpaid interest);

     (4) that any Debenture not submitted for redemption will continue to accrue interest;

     (5) that on the Redemption Date the Redemption Price shall become due and payable upon each Debenture submitted for redemption pursuant to the Redemption Right and that, unless the Company defaults in paying the Redemption Price therefor, any Debenture submitted for redemption pursuant to the Redemption Right shall cease to accrue interest after the Redemption Date;

     (6) that any Holder electing to have a Debenture redeemed pursuant to the Redemption Right will be required to surrender the Debenture, or transfer the Debenture by book-entry, with the form entitled “Option of Holder to Elect Redemption on June 15, 2007” on the reverse side of the Debenture completed, to the Trustee during the period from April 15, 2007 and prior to 5:00 p.m. (New York City time) on May 15, 2007 (or if such date is not a Business Day, then the next succeeding Business Day) at the address specified in such notice;

     (7) that any election on the part of a Holder to exercise the Redemption Right in accordance with this Section 3.02 shall be irrevocable on the part of the Holder and may not be withdrawn; and

     (8) that Holders whose Debentures are being redeemed only in part will be issued a new Debenture or Debentures equal in principal amount to the unredeemed portion of the Debentures surrendered (which unredeemed portion must be equal to $1,000 in principal amount or an integral multiple thereof).

     (c) On or prior to the Redemption Date, the Company shall deposit with the Trustee or with the Paying Agent (or, if the Company is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.05 of the Indenture) an amount of money sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) any accrued and unpaid interest on, all Debentures or portions thereof which are to be redeemed on that date.

     (d) The Debentures to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price thereof and from and after such date (unless the Company shall default in the payment of the Redemption Price)

 


 

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such Debentures shall cease to bear interest. Upon submission of any Debenture for redemption in accordance with this Section 3.02, such Debenture shall be paid by the Company at the Redemption Price, plus accrued and unpaid interest, if any, to the Redemption Date; provided, however, that installments of interest whose Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Debentures registered as such on the relevant Regular or Special Record Date according to the terms and provisions of such Debentures and Section 2.13 of the Indenture.

     (e) If any Debenture is to be redeemed in part, the Company shall execute and the Trustee shall authenticate and deliver to the Holder of such Debenture, without service charge, a new Debenture or Debentures equal in principal amount to the unredeemed portion of the Debenture surrendered (which unredeemed portion must be equal to $1,000 in principal amount or an integral multiple thereof).

     (f) The Company shall comply with the requirements of Rule 14e-1 under the Securities Exchange Act of 1934, as amended, and any other securities laws and regulations thereunder to the extent such laws and regulations are applicable in connection with the redemption of Debentures pursuant to the Redemption Right. To the extent the provisions of any such rule conflict with the provisions of the Indenture relating to the Redemption Right, the Company shall comply with the provisions of such rule and be deemed not to have breached its obligations relating to the Redemption Right by virtue thereof.

ARTICLE FOUR

MISCELLANEOUS

SECTION 4.01 Definitions.

     All the terms used in this First Supplemental Indenture which are defined in the Indenture shall have the meanings specified in the Indenture, unless otherwise provided herein or unless the context of this First Supplemental Indenture otherwise requires.

SECTION 4.02 Governing Law.

     THE LAWS OF THE STATE OF NEW YORK SHALL GOVERN THIS FIRST SUPPLEMENTAL INDENTURE AND THE DEBENTURES WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAW.

SECTION 4.03 Successors.

     All agreements of the Company in this First Supplemental Indenture and the Debentures shall bind its successor. All agreements of the Trustee in this First Supplemental Indenture shall bind its successor.

 


 

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SECTION 4.04 Duplicate Originals.

     The parties may sign any number of copies of this First Supplemental Indenture. Each signed copy shall be an original, but all of them together represent the same agreement.

 


 

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SIGNATURES

     IN WITNESS WHEREOF, the parties hereto have caused this First Supplemental Indenture to be duly executed, and their respective corporate seals to be hereunto affixed and attested, all as of the date first written above.

         
    COLORADO INTERSTATE GAS COMPANY
 
       
[SEAL]
  By:   /s/ Donald H. Gullquist        
      Name: Donald H. Gullquist
      Title: Senior Vice President

Attest:

     
By:
  /s/ Austin M. O’Toole
  Name: Austin M. O’Toole
  Title: Senior Vice President and Secretary
         
  HARRIS TRUST AND SAVINGS BANK
 
 
  By:   /s/ Therese Gaballah    
    Therese Gaballah   
    Trust Officer   
 

Attest:

By: /s/ Amy Robert

 


 

EXHIBIT A

[FORM OF FACE OF DEBENTURE]

[APPLICABLE TO GLOBAL DEBENTURE:]

     [UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (“DTC”) (55 WATER STREET, NEW YORK, NEW YORK) TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC AND ANY PAYMENT IS MADE TO CEDE & CO., OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC, ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. UNLESS IT IS EXCHANGED IN WHOLE OR IN PART FOR THE INDIVIDUAL DEBENTURES REPRESENTED HEREBY, THIS GLOBAL DEBENTURE MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY DTC TO A NOMINEE OF DTC OR BY A NOMINEE OF DTC TO DTC OR ANOTHER NOMINEE OF DTC OR BY DTC OR ANY SUCH NOMINEE TO A SUCCESSOR OF DTC OR A NOMINEE OF SUCH SUCCESSOR.]

COLORADO INTERSTATE GAS COMPANY
6.85% SENIOR DEBENTURES
DUE JUNE 15, 2037

         
Rate of Interest   Maturity Date   Original Issue Date
6.85%
  June 15, 2037   June 27, 1997
No.
       $

     Colorado Interstate Gas Company, a corporation duly organized and existing under the laws of the State of Delaware (herein called the “Company”), for value received, hereby promises to pay to                                          or registered assigns, the principal sum of                                          on the Maturity Date shown above, and to pay interest thereon, at the annual rate of interest shown above, from the Original Issue Date shown above or from the most recent Interest Payment Date (as hereinafter defined) to which interest has been paid or duly provided for, payable semi-annually on June 15 and December 15 of each year and at maturity (an “Interest Payment Date”), commencing on the first such date after the Original Issue Date shown above. Interest will be computed on the basis of a 360-day year of twelve 30-day months.

 


 

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     The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, be paid to the person in whose name this Debenture is registered at the close of business on the Regular Record Date for any such Interest Payment Date, which shall be the last day of the month preceding the month in which such Interest Payment Date occurs (whether or not a Business Day). Any such interest not so punctually paid or duly provided for, and any interest payable on such defaulted interest (to the extent lawful), will forthwith cease to be payable to the Holder on such Regular Record Date and shall be paid to the person in whose name this Debenture is registered at the close of business on a special record date for the payment of such defaulted interest to be fixed by the Company, notice of which shall be given to Holders of Debentures not less than 15 days prior to such special record date. Payment of the principal of and interest on this Debenture will be made at the agency of the Company maintained for that purpose in New York, New York and at any other office or agency maintained by the Company for such purpose, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts; provided, however, that, at the option of the Company, payment of interest, other than interest due on the Maturity Date, may be made by check mailed to the address of the person entitled thereto as such address shall appear in the Security Register.

     Reference is hereby made to the further provisions of this Debenture set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

     Unless the certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual signature, this Debenture shall not be entitled to any benefit under the Indenture or any supplemental indenture thereto or be valid or obligatory for any purpose.

 


 

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     IN WITNESS WHEREOF, COLORADO INTERSTATE GAS COMPANY has caused this instrument to be executed in its corporate name by the facsimile signature of its duly authorized officers and has caused a facsimile of its corporate seal to be affixed hereunto or imprinted hereon.

         
  COLORADO INTERSTATE GAS COMPANY
 
 
  By:      
    Name:      
    Title:      
 

ATTEST:

         
By:
       
       
Name:    
Title:    
DATED:
       

TRUSTEE’S CERTIFICATE OF AUTHENTICATION

     This is one of the 6.85% Debentures Due June 15, 2037 referred to in the within-mentioned Indenture and is the Series designated in the within-mentioned First Supplemental Indenture.

         
  HARRIS TRUST AND SAVINGS BANK, as Trustee
 
 
  By:      
         Authorized Signatory   
       

 


 

         

A-4

[FORM OF REVERSE SIDE]

COLORADO INTERSTATE GAS COMPANY
6.85% SENIOR DEBENTURES
DUE JUNE 15, 2037

     This Debenture is one of a duly authorized issue of Debentures of the Company (which term includes any successor corporation under the Indenture herein referred to) designated as its 6.85% Senior Debentures Due June 15, 2037 (the “Debentures”), issued or to be issued pursuant to an Indenture, dated as of June 27, 1997 (the “Indenture”), between the Company and Harris Trust and Savings Bank, as Trustee (the “Trustee”, which term includes any successor trustee under the Indenture), and under the First Supplemental Indenture, dated as of June 27, 1997 (the “First Supplemental Indenture”), between the Company and the Trustee. The terms of this Debenture include those stated in the Indenture and in the First Supplemental Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as in effect on the date of the Indenture. Reference is hereby made to the Indenture and all further supplemental indentures thereto for a statement of the respective rights, limitation of rights, duties and immunities thereunder of the Company, the Trustee and the Holders and of the terms upon which the Debentures are, and are to be, authenticated and delivered.

     The Debentures are a Series of Securities issued or to be issued by the Company under the Indenture, and this Series is limited in aggregate principal amount to $100,000,000. The Indenture provides that the Securities of the Company referred to therein (“Securities”), including the Debentures, may be issued in one or more Series, which different Series may be issued in such aggregate principal amounts and on such terms (including, but not limited to, terms relating to interest rate or rates, provisions for determining such interest rate or rates and adjustments thereto, maturity, redemption (optional and mandatory), sinking fund, covenants and Events of Default) as may be provided in or pursuant to the Authorizing Resolution and/or supplemental indenture (if any) relating to the several Series.

     This Debenture may not be redeemed at the option of the Company prior to its Maturity Date.

     On June 15, 2007, or if such date is not a Business Day, then the next succeeding Business Day (the “Redemption Date”), each Holder of Debentures will have the right (the “Redemption Right”) to require the Company to redeem all or any part (equal to $1,000 in principal amount or an integral multiple thereof) of such Holder’s Debentures for cash at a redemption price equal to 100% of the aggregate principal amount thereof plus accrued and unpaid interest, if any, to the Redemption Date.

 


 

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     On or prior to March 30, 2007, the Company will mail a notice to each Holder staring that (a) in order for a Holder to exercise the Redemption Right, the Holder must surrender the Debentures in respect of which the Redemption Right is being exercised, together with the form entitled “Option of Holder to Elect Redemption on June 15, 2007” set forth below, duly completed, or transfer such Debentures by book-entry, to the Trustee during the period from April 15, 2007 and prior to 5:00 p.m. (New York City time) on May 15, 2007 (or if such date is not a Business Day, then the next succeeding Business Day), (b) any election on the part of a Holder to exercise the Redemption Right effected in accordance with the foregoing shall be irrevocable on the part of the Holder and may not be withdrawn, (c) Holders whose Debentures are being redeemed only in part will be issued new Debentures equal in principal amount to the unredeemed portion of the Debentures surrendered, which unredeemed portion must be equal to $1,000 in principal amount or an integral multiple thereof, and (d) unless the Company defaults in the payment of principal and accrued interest on the Debentures to be redeemed on the Redemption Date, interest on such Debentures will cease to accrue on the Redemption Date. The Company will comply with the requirements of Rule 14e-l under the Securities Exchange Act of 1934, as amended, and any other securities laws and regulations thereunder to the extent such laws and regulations are applicable to the redemption of the Debentures pursuant to the Redemption Right.

     If an Event of Default shall occur and be continuing, the principal of all the Debentures may be declared due and payable in the manner and with the effect provided in the Indenture.

     The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Company and the rights of the Holders of the Debentures under the Indenture at any time by the Company and the Trustee with the consent of the Holders of a majority in aggregate principal amount of the Securities affected thereby, voting as a single class (which may include the Debentures), at the time outstanding. The Indenture also contains provisions permitting the Holders of specified percentages in aggregate principal amount of the Securities at the time outstanding to waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Debenture shall be conclusive and binding upon such Holder and upon all future Holders of this Debenture and of any Debenture issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Debenture.

     The Indenture provides that no Holder may pursue any remedy under the Indenture unless the Trustee shall have failed to act after notice of an Event of Default and written request by Holders of at least 25% in principal amount of the Securities of the applicable Series and the offer to the Trustee of indemnity

 


 

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satisfactory to it; however, such provision does not affect the right to sue for enforcement of any overdue payment on any Debenture.

     No reference herein to the Indenture or the First Supplemental Indenture and no provision of this Debenture or of the indenture or the First Supplemental Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of and interest on this Debenture at the times, places and rates, and in the coin or currency, herein prescribed.

     As provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Debenture is registrable in the Security Register upon surrender of this Debenture for registration of transfer at the agency of the Company provided for that purpose duly endorsed by, or accompanied by a written instrument of transfer in substantially the form accompanying this Debenture duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon one or more new Debentures, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees.

     The Debentures are issuable only in registered form without coupons in denominations of $1,000 and any integral multiple thereof. As provided in the Indenture and subject to certain limitations set forth therein and on the face of this Debenture, the Debentures are exchangeable for a like aggregate principal amount of Debentures of a different authorized denomination, as requested by the Holder surrendering the same.

     No service charge shall be made for any such registration of transfer or exchange, but the Company may require payment of a sum sufficient to cover any transfer tax or similar governmental charge payable in connection therewith (other than any such transfer tax or similar governmental charge payable upon exchanges pursuant to Section 2.11, 3A.08 or 9.05 of the Indenture in which case such transfer taxes or similar governmental charges shall be paid by the Company).

     Prior to due presentment of this Debenture for registration of transfer, the Company, the Trustee and any agent of the Company or the Trustee may treat the person in whose name this Debenture is registered as the owner hereof for all purposes, whether or not this Debenture be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary.

     All terms used in this Debenture which are defined in the Indenture shall have the meanings assigned to them in the Indenture.

     Customary abbreviations may be used in the name of a Debenture holder or any assignee, such as: TEN COM (= tenants in common), TEN ENT(= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as

 


 

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tenants in common), CUST (= Custodian) and U/G/M/A (= Uniform Gifts to Minors Act).

     The Company will furnish to any Holder of record of a Debenture, upon written request, without charge, a copy of the Indenture and the First Supplemental Indenture. Requests may be made to: Colorado Interstate Gas Company, c/o The Coastal Corporation, Coastal Tower, Nine Greenway Plaza, Houston, Texas 77046-0995, Attention: Corporate Secretary.

 


 

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ASSIGNMENT FORM

     If you the Holder wants to assign this Debenture, fill in the form below and have your signature guaranteed:

I or we assign and transfer this Debenture to:

     
 
 
   
 
 
   
 
(Print or type name, address and zip code and
social security or tax ID number of assignees)

and irrevocably appoint                                                                                                               agent to transfer this Debenture on the books of the Company. The agent may substitute another to act for him.

                 
Dated:
          Signed:    
               
 
               
 
               
               
              (Sign exactly as name appears on
              the other side of this Debenture)
     
Signature Guarantee:
   
   

     NOTICE: Signature(s) must be guaranteed by a member firm of the New York Stock Exchange or a commercial bank or trust company.

 


 

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OPTION OF HOLDER TO ELECT REDEMPTION ON JUNE 15, 2007

     If you elect to have this Debenture redeemed by the Company on June 15, 2007, check the box: o

     If you elect to have only part of this Debenture redeemed by the Company on June 15, 2007, state the amount (multiples of $1,000 only).

                 
$
               
               
Dated:
          Signed:    
               
 
               
 
               
               
              (Sign exactly as name appears on
              the other side of this Debenture)
     
Signature Guarantee: