Sixth Supplemental Indenture
EX-4.A 2 h40224exv4wa.htm SIXTH SUPPLEMENTAL INDENTURE exv4wa
Execution Copy
EXHIBIT 4.A
SIXTH SUPPLEMENTAL INDENTURE
among
EL PASO EXPLORATION & PRODUCTION COMPANY,
as Issuer,
MBOW FOUR STAR CORPORATION,
EL PASO EXPLORATION & PRODUCTION MANAGEMENT, INC.,
EL PASO E&P HOLDINGS, INC.,
EL PASO E&P COMPANY, L.P.,
EL PASO PRODUCTION RESALE COMPANY,
EL PASO ENERGY OIL TRANSMISSION, L.L.C.,
EL PASO PRODUCTION OIL & GAS GATHERING, L.P.,
EL PASO E&P INTERNATIONAL HOLDING COMPANY,
EL PASO PREFERRED HOLDINGS COMPANY,
and
EL PASO E&P FINANCE COMPANY, L.L.C.,
as Subsidiary Guarantors,
and
WILMINGTON TRUST COMPANY
as Trustee
October 1, 2006
73/4% Senior Notes due 2013
SIXTH SUPPLEMENTAL INDENTURE
This Sixth Supplemental Indenture, dated as of October 1, 2006 (this Sixth Supplemental Indenture), is entered into by and among (i) El Paso Exploration & Production Company (the Company), formerly known as El Paso Production Holding Company, (ii) MBOW Four Star Corporation (MBOW Four Star), El Paso Exploration & Production Management, Inc. (El Paso Management), El Paso E&P Holdings, Inc. (El Paso Holdings), El Paso E&P Company, L.P. (El Paso E&P), El Paso Production Resale Company (El Paso Resale), El Paso Energy Oil Transmission, L.L.C. (El Paso Transmission), El Paso Production Oil & Gas Gathering, L.P. (El Paso Gathering), El Paso E&P International Holding Company (El Paso International), El Paso Preferred Holdings Company (El Paso Preferred Holdings), and El Paso E&P Finance Company, L.L.C. (El Paso Finance), (collectively, the Subsidiary Guarantors), and (iii) Wilmington Trust Company, as trustee (the Trustee). Capitalized terms used but not defined herein have the meanings ascribed to them in the Indenture (as defined below).
W I T N E S S E T H:
WHEREAS, the Company, El Paso Production Company (El Paso Production), El Paso Production GOM Inc. (GOM), Vermejo Minerals Corporation (Vermejo) and El Paso Energy Raton, L.L.C. (Raton) heretofore executed and delivered to the Trustee that certain Indenture, dated as of May 23, 2003 (the Original Indenture), providing for the issuance of $1,200,000,000 aggregate principal amount of the Companys 73/4% Senior Notes due 2013 (the Notes);
WHEREAS, as set forth in the First Supplemental Indenture (as defined below), Raton and Vermejo entered into an Agreement of Merger dated January 31, 2003, pursuant to which (i) Raton was merged with and into Vermejo, (ii) Vermejo was the surviving corporation of the merger contemplated by such agreement, and (iii) Vermejos name was changed to El Paso Energy Raton Corporation (Raton Corporation);
WHEREAS, the Company, El Paso Production, GOM, Vermejo and the Trustee entered into that certain First Supplemental Indenture, dated as of January 31, 2004 (the First Supplemental Indenture), pursuant to which the Original Indenture was amended and Vermejo expressly assumed the obligations of Raton under its Subsidiary Guarantee;
WHEREAS, the Company, El Paso Production, GOM, Raton Corporation and the Trustee entered into that certain Second Supplemental Indenture, dated as of July 26, 2004 (the Second Supplemental Indenture), pursuant to which the Original Indenture was further amended and certain covenants were added for the benefit of the Holders pursuant to Section 9.01(6) of the Original Indenture;
WHEREAS, the Company, El Paso Production, GOM, Raton Corporation, Medicine Bow Energy Corporation (Medicine Bow), Medicine Bow Operating Company (MBOW Operating) and MBOW Four Star entered into that certain Third Supplemental Indenture, dated as of August 31, 2005 (the Third Supplemental Indenture), pursuant to which the Original
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Indenture was further amended and Medicine Bow, MBOW Operating and MBOW Four Star each expressly assumed the obligations of a Subsidiary Guarantor under the Original Indenture;
WHEREAS, the Company, El Paso Production, Medicine Bow, MBOW Operating, MBOW Four Star, El Paso Management, El Paso Holdings, El Paso E&P, El Paso Resale, El Paso Transmission and El Paso Gathering entered into that certain Fourth Supplemental Indenture, dated as of December 31, 2005 (the Fourth Supplemental Indenture), pursuant to which the Original Indenture was further amended and (i) El Paso Management, El Paso Holdings, El Paso E&P, El Paso Resale, El Paso Transmission and El Paso Gathering each expressly assumed the obligations of a Subsidiary Guarantor under the Original Indenture and (ii) El Paso E&P, in connection with the merger of GOM and Raton Corporation with and into El Paso E&P, expressly assumed the obligations of GOM and Raton Corporation under their respective Subsidiary Guarantees;
WHEREAS, the Company, MBOW Four Star, El Paso Management, El Paso Holdings, El Paso E&P, El Paso Resale, El Paso Transmission and El Paso Gathering entered into that certain Fifth Supplemental Indenture, dated as of June 30, 2006 (the Fifth Supplemental Indenture), pursuant to which the Original Indenture was further amended and (i) El Paso E&P, in connection with the merger of El Paso Production and MBOW Operating with and into El Paso E&P, expressly assumed the obligations of El Paso Production and MBOW Operating under their respective Subsidiary Guarantees and (ii) the Company, in connection with the merger of Medicine Bow with and into the Company, expressly assumed the obligations of Medicine Bow under its Subsidiary Guarantee;
WHEREAS, as of the date hereof, pursuant to a reorganization of certain subsidiaries of El Paso Corporation, El Paso International, El Paso Preferred Holdings, and El Paso Finance became direct or indirect wholly owned subsidiaries of the Company;
WHEREAS, the Company and the Subsidiary Guarantors now desire to further amend the Original Indenture (as supplemented by the First Supplemental Indenture, the Second Supplemental Indenture, the Third Supplemental Indenture, the Fourth Supplemental Indenture and the Fifth Supplemental Indenture, the Indenture) to include El Paso International, El Paso Preferred Holdings, El Paso Brazil, and El Paso Finance as parties to the Indenture as guarantors of the Companys obligations under the Notes, subject to the terms and conditions of the Indenture and the Notes; and
WHEREAS, the Trustee, upon satisfaction of all actions and conditions on the part of the Company and the Subsidiary Guarantors necessary for the execution, delivery and performance of this Sixth Supplemental Indenture (including, without limitation, the receipt of an Officers Certificate and an Opinion of Counsel) is willing to amend the Indenture as hereinafter set forth;
NOW, THEREFORE, the Company, the Subsidiary Guarantors and the Trustee mutually covenant and agree for the equal and proportionate benefit of all Holders of the Notes as follows:
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ARTICLE 1
Section 1.01 This Sixth Supplemental Indenture is supplemental to the Indenture, and does and shall be deemed to form a part of, and shall be construed in connection with and as a part of, the Indenture, for any and all purposes.
Section 1.02 This Sixth Supplemental Indenture shall become effective immediately upon its execution and delivery by each of the Company, the Subsidiary Guarantors and the Trustee.
ARTICLE 2
Section 2.01 The Company, the Subsidiary Guarantors and the Trustee hereby acknowledge and agree that each of El Paso International, El Paso Preferred Holdings, El Paso Brazil, and El Paso Finance (collectively, the New Subsidiary Guarantors) hereby becomes 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. The New Subsidiary Guarantors 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. Each New Subsidiary Guarantor hereby provides a full, unconditional and irrevocable Guarantee, as primary obligor and not merely as surety, jointly and severally with each other Subsidiary Guarantor, to each Holder and to the Trustee and their successors and assigns, on the terms and subject to the conditions set forth in the Indenture, including but not limited to Article 10 thereof.
ARTICLE 3
Section 3.01 Except as specifically modified herein, the Notes and the Indenture are in all respects ratified and confirmed and shall remain in full force and effect in accordance with their terms. This Sixth 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. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Sixth Supplemental Indenture or for or in respect of the recitals contained herein, all of which are made solely by the Company and the Subsidiary Guarantors.
Section 3.02 Except as otherwise expressly provided herein, no duties, responsibilities or liabilities are assumed, or shall be construed to be assumed, by the Trustee by reason of this Sixth Supplemental Indenture. This Sixth Supplemental Indenture is executed and accepted by the Trustee subject to all the terms and conditions set forth in the Indenture with the same force and effect as if those terms and conditions were repeated at length herein and made applicable to the Trustee with respect hereto. In entering into this Sixth Supplemental Indenture, the Trustee shall be entitled to the benefit of every provision of the Indenture relating to the conduct or affecting the liability or affording protection to the Trustee, regardless of whether elsewhere herein so provided, including indemnification pursuant to Section 7.07 of the Original Indenture, and the Company acknowledges that the Trustee shall be entitled to indemnification pursuant to
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Section 7.07 of the Original Indenture against any and all loss, liability or expense (including attorneys fees) in connection with the Trustees signing this Sixth Supplemental Indenture.
Section 3.03 THIS SIXTH SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
Section 3.04 This Sixth Supplemental Indenture may be executed in any number of counterparts, each of which when so executed and delivered shall be deemed an original, but all such counterparts together shall constitute but one and the same instrument.
Section 3.05 All notices and other communications to the New Subsidiary Guarantors shall be given as provided in Section 11.02 of the Original Indenture for notices to Subsidiary Guarantors.
[Signature page follows.]
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IN WITNESS WHEREOF, the parties hereto have caused this Sixth Supplemental Indenture to be duly executed as of the date first written above.
Issuer: EL PASO EXPLORATION & PRODUCTION COMPANY | ||||
By: | /s/ Dane E. Whitehead | |||
Dane E. Whitehead | ||||
President and Chief Financial Officer | ||||
Subsidiary Guarantors: MBOW FOUR STAR CORPORATION | ||||
By: | /s/ Dane E. Whitehead | |||
Dane E. Whitehead | ||||
President and Chief Financial Officer | ||||
EL PASO EXPLORATION & PRODUCTION MANAGEMENT, INC. | ||||
By: | /s/ Dane E. Whitehead | |||
Dane E. Whitehead | ||||
President and Chief Financial Officer | ||||
EL PASO E&P HOLDINGS, INC. | ||||
By: | /s/ Karen T. Severino | |||
Karen T. Severino | ||||
Vice President and Secretary | ||||
EL PASO E&P COMPANY, L.P. | ||||
By: | /s/ Dane E. Whitehead | |||
Dane E. Whitehead | ||||
President and Chief Financial Officer |
Signature Page to Sixth Supplemental Indenture
EL PASO PRODUCTION RESALE COMPANY | ||||
By: | /s/ Dane E. Whitehead | |||
Dane E. Whitehead | ||||
President and Chief Financial Officer | ||||
EL PASO ENERGY OIL TRANSMISSION, L.L.C. | ||||
By: | /s/ Dane E. Whitehead | |||
Dane E. Whitehead | ||||
President, Controller and Chief Financial Officer | ||||
EL PASO PRODUCTION OIL & GAS GATHERING, L.P. | ||||
By: | /s/ Dane E. Whitehead | |||
Dane E. Whitehead | ||||
President and Chief Financial Officer | ||||
EL PASO E&P INTERNATIONAL HOLDING COMPANY | ||||
By: | /s/ Dane E. Whitehead | |||
Dane E. Whitehead | ||||
President and Chief Financial Officer | ||||
EL PASO PREFERRED HOLDINGS COMPANY | ||||
By: | /s/ Dane E. Whitehead | |||
Dane E. Whitehead | ||||
President and Chief Financial Officer | ||||
EL PASO E&P FINANCE COMPANY, L.L.C. | ||||
By: | /s/ Dane E. Whitehead | |||
Dane E. Whitehead | ||||
President and Chief Financial Officer | ||||
Signature Page to Sixth Supplemental Indenture
Trustee: WILMINGTON TRUST COMPANY, as Trustee | ||||
By: | /s/ Steven Cimalore | |||
Steven Cimalore | ||||
Vice President | ||||
Signature Page to Sixth Supplemental Indenture