SECOND SUPPLEMENTAL INDENTURE SUBSIDIARY GUARANTEES

Contract Categories: Business Finance - Indenture Agreements
EX-4.3 3 a15-8261_5ex4d3.htm EX-4.3

Exhibit 4.3

 

SECOND SUPPLEMENTAL INDENTURE
SUBSIDIARY GUARANTEES

 

SECOND SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of April 2, 2015, among the Subsidiary Guarantors listed on Schedule I hereto (the “Guaranteeing Subsidiaries”), each a wholly-owned domestic subsidiary of Dynegy Inc. (or its permitted successor), a Delaware corporation (the “Company”), the Company, the other Subsidiary Guarantors (as defined in the Indenture referred to herein) and Wilmington Trust, National Association, as trustee under the indentures referred to below (the “Trustee”).

 

W I T N E S S E T H

 

WHEREAS, the Company (as successor by merger to Dynegy Finance I, Inc.) has heretofore executed and delivered to the Trustee an indenture (as supplemented, the “Indenture”), dated as of October 27, 2014, between the Company and the Trustee, providing for the original issuance of an aggregate principal amount of $840,000,000 of 6.75% Senior Notes due 2019 (the “Initial Notes”) and, subject to the terms of the Indenture, future unlimited issuances of 6.75% Senior Notes due 2019 (the “Additional Notes, and together with the Initial Notes, 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 Company’s Obligations under the Notes and the Indenture (the “Subsidiary Guarantees”); and

 

WHEREAS, pursuant to Section 4.07 of the Indenture, the Trustee, the Company and the other Subsidiary Guarantors are authorized and required to execute and deliver this Supplemental Indenture.

 

NOW THEREFORE, in consideration of the foregoing and for good and valuable consideration, the receipt of which is hereby acknowledged, the Guaranteeing Subsidiaries, the Trustee, the Company and the other Subsidiary Guarantors mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows:

 

1.                                      Capitalized Terms.  Unless otherwise defined in this Supplemental Indenture, capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture.

 

2.                                      Agreement to be Bound; Guarantee.  Each of the Guaranteeing Subsidiaries hereby become a party to the Indenture as a Subsidiary Guarantor and as such will have all of the rights and be subject to all of the Obligations and agreements of a Subsidiary Guarantor under the Indenture.  Each of the Guaranteeing Subsidiaries hereby agree to be bound by all of the provisions of the Indenture applicable to a Subsidiary Guarantor and to perform all of the Obligations and agreements of a Subsidiary Guarantor under the Indenture.  In furtherance of the foregoing, each of the Guaranteeing Subsidiaries shall be deemed a Subsidiary Guarantor for purposes of Article 10 of the Indenture, including, without limitation, Section 10.02 thereof.

 

3.                                      NEW YORK LAW TO GOVERN.  THE INDENTURE, THE NOTES, THIS SUPPLEMENTAL INDENTURE AND THE SUBSIDIARY GUARANTEES SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

 

4.                                      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.

 

5.                                      Effect of Headings.  The Section headings herein are for convenience only and shall not affect the construction hereof.

 

6.                                      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 Subsidiaries and the Company.

 

7.                                      Ratification of Indenture; Supplemental Indenture Part of Indenture.  Except as expressly amended hereby, the Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions

 

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thereof shall remain in full force and effect.  This Supplemental Indenture shall form a part of the Indenture for all purposes, and every Holder of Notes heretofore or hereafter authenticated and delivered shall be bound hereby.

 

[Signature Page Follows]

 

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IN WITNESS WHEREOF, we have hereunto signed our names as of the date set forth below.

 

Dated:

April 2, 2015

 

 

 

 

 

DYNEGY INC.

 

 

 

By:

/s/ Robert C. Flexon

 

Name:

Robert C. Flexon

 

Title:

President & Chief Executive Officer

 

 

 

DYNEGY ENERGY SERVICES (EAST), LLC

 

 

 

By:

/s/ Robert C. Flexon

 

Name:

Robert C. Flexon

 

Title:

Chief Executive Officer

 

 

 

DYNEGY RESOURCE I, LLC

 

DYNEGY COMMERCIAL ASSET MANAGEMENT, LLC

 

DYNEGY CONESVILLE, LLC

 

DYNEGY DICKS CREEK, LLC

 

DYNEGY FAYETTE II, LLC

 

DYNEGY HANGING ROCK II, LLC

 

DYNEGY KILLEN, LLC

 

DYNEGY LEE II, LLC

 

DYNEGY MIAMI FORT, LLC

 

DYNEGY STUART, LLC

 

DYNEGY WASHINGTON II, LLC

 

DYNEGY ZIMMER, LLC

 

DYNEGY COAL GENERATION, LLC

 

DYNEGY GAS GENERATION, LLC

 

DYNEGY GENERATION HOLDCO, LLC

 

 

 

By:

/s/ Robert C. Flexon

 

Name:

Robert C. Flexon

 

Title:

President & Chief Executive Officer

 

 

 

DYNEGY ENERGY SERVICES, LLC

 

 

 

By:

/s/ Robert C. Flexon

 

Name:

Robert C. Flexon

 

Title:

Chief Executive Officer

 

[SIGNATURE PAGES CONTINUE]

 



 

 

BLUE RIDGE GENERATION LLC

 

BLACK MOUNTAIN COGEN, INC.

 

CASCO BAY ENERGY COMPANY, LLC

 

DYNEGY ADMINISTRATIVE SERVICES COMPANY

 

DYNEGY COAL HOLDCO, LLC

 

DYNEGY COAL INVESTMENTS HOLDINGS, LLC

 

DYNEGY COAL TRADING & TRANSPORTATION, L.L.C.

 

DYNEGY EQUIPMENT, LLC

 

DYNEGY GASCO HOLDINGS, LLC

 

DYNEGY GAS HOLDCO, LLC

 

DYNEGY GAS IMPORTS, LLC

 

DYNEGY GAS INVESTMENTS, LLC

 

DYNEGY GAS INVESTMENTS HOLDINGS, LLC

 

DYNEGY GLOBAL LIQUIDS, INC.

 

DYNEGY KENDALL ENERGY, LLC

 

DYNEGY MARKETING AND TRADE, LLC

 

DYNEGY MIDWEST GENERATION, LLC

 

DYNEGY MORRO BAY, LLC

 

DYNEGY MOSS LANDING, LLC

 

DYNEGY OAKLAND, LLC

 

DYNEGY OPERATING COMPANY

 

DYNEGY POWER, LLC

 

DYNEGY POWER GENERATION INC.

 

DYNEGY POWER MARKETING, LLC

 

DYNEGY SOUTH BAY, LLC

 

HAVANA DOCK ENTERPRISES, LLC

 

ILLINOVA CORPORATION

 

ONTELAUNEE POWER OPERATING COMPANY, LLC

 

SITHE ENERGIES, INC.

 

SITHE/INDEPENDENCE LLC

 

 

 

By:

/s/ Robert C. Flexon

 

Name:

Robert C. Flexon

 

Title:

President & Chief Executive Officer

 

[SIGNATURE PAGES CONTINUE]

 



 

 

EQUIPOWER RESOURCES CORP.

 

DYNEGY RESOURCE II, LLC

 

DYNEGY RESOURCE III, LLC

 

DYNEGY RESOURCES HOLDCO I, LLC

 

DYNEGY RESOURCES HOLDCO II, LLC

 

DYNEGY RESOURCES GENERATING HOLDCO, LLC

 

RICHLAND GENERATION EXPANSION LLC

 

MILFORD POWER COMPANY, LLC

 

LAKE ROAD HOLDINGS GP, LLC

 

LAKE ROAD HOLDINGS LP, LLC

 

LAKE ROAD GENERATING COMPANY, L.P.

 

RSG POWER, LLC

 

RICHLAND-STRYKER GENERATION, LLC

 

DYNEGY RESOURCES MANAGEMENT, LLC

 

DIGHTON POWER, LLC

 

MASSPOWER HOLDCO, LLC

 

MASSPOWER PARTNERS I, LLC

 

MASSPOWER PARTNERS II, LLC

 

MASSPOWER

 

LIBERTY ELECTRIC GENERATION HOLDINGS, LLC

 

LEP HOLDINGS, LLC

 

LIBERTY ELECTRIC PA 2, LLC

 

LIBERTY ELECTRIC POWER, LLC

 

TOMCAT POWER, LLC

 

KINCAID HOLDINGS, LLC

 

KINCAID GENERATION, L.L.C.

 

KINCAID ENERGY SERVICES COMPANY, LLC

 

ELWOOD EXPANSION HOLDINGS, LLC

 

ELWOOD ENERGY HOLDINGS, LLC

 

ELWOOD SERVICES COMPANY, LLC

 

ELWOOD ENERGY HOLDINGS II, LLC

 

BRAYTON POINT HOLDINGS, LLC

 

ECP II-B (BRAYTON POINT IP) CORP

 

ECP II-C (BRAYTON POINT IP) CORP

 

 

 

By:

/s/ Robert C. Flexon

 

Name:

Robert C. Flexon

 

Title:

President & Chief Executive Officer

 

[SIGNATURE PAGES CONTINUE]

 



 

 

WILMINGTON TRUST, NATIONAL ASSOCIATION,

 

as Trustee

 

 

 

 

 

By:

/s/ Boris Treyger

 

Name:

Boris Treyger

 

Title:

Vice President

 



 

SCHEDULE I

 

SUBSIDIARY GUARANTORS

 

DYNEGY ENERGY SERVICES (EAST), LLC

 

DYNEGY RESOURCE I, LLC

 

DYNEGY COMMERCIAL ASSET MANAGEMENT, LLC

 

DYNEGY CONESVILLE, LLC

 

DYNEGY DICKS CREEK, LLC

 

DYNEGY FAYETTE II, LLC

 

DYNEGY HANGING ROCK II, LLC

 

DYNEGY KILLEN, LLC

 

DYNEGY LEE II, LLC

 

DYNEGY MIAMI FORT, LLC

 

DYNEGY STUART, LLC

 

DYNEGY WASHINGTON II, LLC

 

DYNEGY ZIMMER, LLC

 

DYNEGY COAL GENERATION, LLC

 

DYNEGY GAS GENERATION, LLC

 

DYNEGY GENERATION HOLDCO, LLC

 

DYNEGY ENERGY SERVICES, LLC

 

BLUE RIDGE GENERATION LLC

 

BLACK MOUNTAIN COGEN, INC.

 

CASCO BAY ENERGY COMPANY, LLC

 

DYNEGY ADMINISTRATIVE SERVICES COMPANY

 

DYNEGY COAL HOLDCO, LLC

 

DYNEGY COAL INVESTMENTS HOLDINGS, LLC

 

DYNEGY COAL TRADING & TRANSPORTATION, L.L.C.

 

DYNEGY EQUIPMENT, LLC

 

DYNEGY GASCO HOLDINGS, LLC

 

DYNEGY GAS HOLDCO, LLC

 

DYNEGY GAS IMPORTS, LLC

 

DYNEGY GAS INVESTMENTS, LLC

 

DYNEGY GAS INVESTMENTS HOLDINGS, LLC

 

DYNEGY GLOBAL LIQUIDS, INC.

 

DYNEGY KENDALL ENERGY, LLC

 

DYNEGY MARKETING AND TRADE, LLC

 

DYNEGY MIDWEST GENERATION, LLC

 

DYNEGY MORRO BAY, LLC

 

DYNEGY MOSS LANDING, LLC

 

DYNEGY OAKLAND, LLC

 

DYNEGY OPERATING COMPANY

 

DYNEGY POWER, LLC

 

DYNEGY POWER GENERATION INC.

 

DYNEGY POWER MARKETING, LLC

 

DYNEGY SOUTH BAY, LLC

 

HAVANA DOCK ENTERPRISES, LLC

 

ILLINOVA CORPORATION

 

ONTELAUNEE POWER OPERATING COMPANY, LLC

 

SITHE ENERGIES, INC.

 

SITHE/INDEPENDENCE LLC

 

EQUIPOWER RESOURCES CORP.

 

DYNEGY RESOURCE II, LLC

 

DYNEGY RESOURCE III, LLC

 

DYNEGY RESOURCES HOLDCO I, LLC

 

DYNEGY RESOURCES HOLDCO II, LLC

 

 

Schedule I continues on next page

 



 

DYNEGY RESOURCES GENERATING HOLDCO, LLC

 

RICHLAND GENERATION EXPANSION LLC

 

MILFORD POWER COMPANY, LLC

 

LAKE ROAD HOLDINGS GP, LLC

 

LAKE ROAD HOLDINGS LP, LLC

 

LAKE ROAD GENERATING COMPANY, L.P.

 

RSG POWER, LLC

 

RICHLAND-STRYKER GENERATION, LLC

 

DYNEGY RESOURCES MANAGEMENT, LLC

 

DIGHTON POWER, LLC

 

MASSPOWER HOLDCO, LLC

 

MASSPOWER PARTNERS I, LLC

 

MASSPOWER PARTNERS II, LLC

 

MASSPOWER

 

LIBERTY ELECTRIC GENERATION HOLDINGS, LLC

 

LEP HOLDINGS, LLC

 

LIBERTY ELECTRIC PA 2, LLC

 

LIBERTY ELECTRIC POWER, LLC

 

TOMCAT POWER, LLC

 

KINCAID HOLDINGS, LLC

 

KINCAID GENERATION, L.L.C.

 

KINCAID ENERGY SERVICES COMPANY, LLC

 

ELWOOD EXPANSION HOLDINGS, LLC

 

ELWOOD ENERGY HOLDINGS, LLC

 

ELWOOD SERVICES COMPANY, LLC

 

ELWOOD ENERGY HOLDINGS II, LLC

 

BRAYTON POINT HOLDINGS, LLC

 

ECP II-B (BRAYTON POINT IP) CORP

 

ECP II-C (BRAYTON POINT IP) CORP