FELCOR LODGING LIMITED PARTNERSHIP, as Issuer, FELCOR LODGING TRUST INCORPORATED FELCOR/ST. PAUL HOLDINGS, L.P. FELCOR/CSS HOLDINGS, L.P. FELCOR HOTEL ASSET COMPANY, L.L.C. FELCOR PENNSYLVANIA COMPANY, L.L.C. FELCOR LODGING HOLDING COMPANY, L.L.C. FELCOR CANADA CO. FELCOR OMAHA HOTEL COMPANY, L.L.C. FELCOR TRS HOLDINGS, L.L.C. MYRTLE BEACH HOTELS, L.L.C. FELCOR TRS BORROWER 1, L.P. FELCOR TRS BORROWER 4, L.L.C. FHAC TEXAS HOLDINGS, L.P. FELCOR TRS GUARANTOR, L.P. FELCOR LODGING COMPANY, L.L.C., as Guarantors, AND FELCOR HOLDINGS TRUST, as Pledgor, AND U.S. BANK NATIONAL ASSOCIATION, as Trustee Second Supplemental Indenture Dated as of August 16, 2007 Supplemental Indenture to the Indenture dated as of October 31, 2006 as amended and supplemented as of December 31, 2006 with respect to the Senior Secured Floating Rate Notes due 2011

Contract Categories: Business Finance - Indenture Agreements
EX-4.9.2 3 d54568exv4w9w2.htm SECOND SUPPLEMENTAL INDENTURE exv4w9w2
 

Exhibit 4.9.2
 
 
FELCOR LODGING LIMITED PARTNERSHIP,
as Issuer,
FELCOR LODGING TRUST INCORPORATED
FELCOR/ST. PAUL HOLDINGS, L.P.
FELCOR/CSS HOLDINGS, L.P.
FELCOR HOTEL ASSET COMPANY, L.L.C.
FELCOR PENNSYLVANIA COMPANY, L.L.C.
FELCOR LODGING HOLDING COMPANY, L.L.C.
FELCOR CANADA CO.
FELCOR OMAHA HOTEL COMPANY, L.L.C.
FELCOR TRS HOLDINGS, L.L.C.
MYRTLE BEACH HOTELS, L.L.C.
FELCOR TRS BORROWER 1, L.P.
FELCOR TRS BORROWER 4, L.L.C.
FHAC TEXAS HOLDINGS, L.P.
FELCOR TRS GUARANTOR, L.P.
FELCOR LODGING COMPANY, L.L.C.,
as Guarantors,
AND
FELCOR HOLDINGS TRUST,
as Pledgor,
AND
U.S. BANK NATIONAL ASSOCIATION,
as Trustee
 
Second Supplemental Indenture
Dated as of August 16, 2007
 
Supplemental Indenture to the Indenture
dated as of October 31, 2006 as amended and supplemented
as of December 31, 2006
with respect to the
Senior Secured Floating Rate Notes due 2011
 
 

 


 

     Second Supplemental Indenture (this “Second Supplemental Indenture”), dated as of August 16, 2007 among FelCor Lodging Limited Partnership, a Delaware limited partnership (“FelCor LP”), FelCor Lodging Trust Incorporated, a Maryland corporation (“FelCor”), FelCor/CSS Holdings, L.P., a Delaware limited partnership, FelCor Hotel Asset Company, L.L.C., a Delaware limited liability company, FelCor Pennsylvania Company, L.L.C., a Delaware limited liability company, FelCor Lodging Holding Company, L.L.C., a Delaware limited liability company, FelCor TRS Holdings, L.L.C., a Delaware limited liability company (as successor in interest to FelCor TRS Holdings, L.P.), FelCor Canada Co., a Nova Scotia unlimited liability company, FelCor Omaha Hotel Company, L.L.C., a Delaware limited liability company, Myrtle Beach Hotels, L.L.C., a Delaware limited liability company, FelCor TRS Borrower 1, L.P., a Delaware limited partnership, FelCor TRS Borrower 4, L.L.C., a Delaware limited liability company, FelCor/St. Paul Holdings, L.P., a Delaware limited partnership, FHAC Texas Holdings, L.P., a Texas limited partnership, FelCor TRS Guarantor, L.P., a Texas limited partnership and FelCor Lodging Company, L.L.C., a Delaware limited liability company, FelCor Holdings Trust, a Massachusetts business trust (the “Pledgor”), and U.S. Bank National Association, as trustee under the indenture referred to below (the “Trustee”).
W I T N E S S E T H
     WHEREAS, FelCor LP, FelCor, the Pledgor and the Subsidiary Guarantors have executed and delivered to the Trustee an indenture dated as of October 31, 2006 (as amended, modified or supplemented prior to the date hereof, the “Indenture”), pursuant to which FelCor LP issued and has outstanding $215,000,000 aggregate principal amount of Senior Secured Floating Rate Notes due 2011 (the “Notes”);
     WHEREAS, each of FHAC Texas Holdings, L.P., a Texas limited partnership, FelCor TRS Guarantor, L.P., a Delaware limited partnership and FelCor Lodging Company, L.L.C., a Delaware limited liability company (collectively, the “Existing Guarantors”), is a party to the Indenture for the purpose of providing its Subsidiary Guarantee of the Indenture;
     WHEREAS, the Guarantees of each of the Existing Guarantors of all Guaranteed Indebtedness has been, or is being contemporaneously herewith, released and, pursuant to Section 11.07 of the Indenture, each of the Existing Guarantors is automatically released and discharged from its Subsidiary Guarantee upon the release of such Subsidiary Guarantor from its Guarantees of all Guaranteed Indebtedness; and
     WHEREAS, this Second Supplemental Indenture is being executed and delivered pursuant to Section 9.01 of the Indenture.

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     NOW THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, FelCor, FelCor LP, the Pledgor, each Subsidiary Guarantor and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows:
     SECTION 1.     Definitions.     For all purposes of the Indenture and this Second Supplemental Indenture, except as otherwise expressly provided or unless the context otherwise requires:
     (a)     the words “herein,” “hereof” and “hereunder” and other words of similar import refer to the Indenture and this Second Supplemental Indenture as a whole and not to any particular Article, Section or subdivision; and
     (b)     capitalized terms used but not defined in this Second Supplemental Indenture shall have the meanings assigned to them in the Indenture.
     SECTION 2.     Release of Certain Guarantors.     The parties hereto hereby confirm and acknowledge the concurrent release and discharge of each of the Existing Guarantors from any and all guaranty obligations arising under the Indenture.
     SECTION 3.     NEW YORK LAW TO GOVERN.     THE INTERNAL LAW OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE THIS SECOND SUPPLEMENTAL INDENTURE BUT 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.
     SECTION 4.     The Trustee.     The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Second Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by FelCor, FelCor LP and the Subsidiary Guarantors.
     SECTION 5.     Successors and Assigns.     All agreements of FelCor, FelCor LP, the Pledgor and the Subsidiary Guarantors in this Second Supplemental Indenture shall bind their respective successors and assigns. All agreements of the Trustee in this Second Supplemental Indenture shall bind its successors.
     SECTION 6.     Separability.     In case any provision of this Second Supplemental Indenture shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.
     SECTION 7.     Effect of Headings.     The Section headings herein are for convenience only and shall not affect the construction hereof.

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     SECTION 8.     Counterparts.     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.
[Signature Page Follows]

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     IN WITNESS WHEREOF, the parties hereto have caused this First Supplemental Indenture to be duly executed as of the date first above written.
         
  FELCOR LODGING LIMITED PARTNERSHIP, a Delaware
limited partnership
 
 
  By:   FELCOR LODGING TRUST INCORPORATED, as its general partner    
         
             By:   /s/ Jonathan H. Yellen    
    Jonathan H. Yellen   
    Executive Vice President   
 
         
  FELCOR LODGING TRUST INCORPORATED, a Maryland
corporation
 
 
  By:   /s/ Jonathan H. Yellen    
    Jonathan H. Yellen   
    Executive Vice President   
 
         
  FELCOR/CSS HOLDINGS, L.P., a Delaware limited
partnership, and FELCOR/ST. PAUL HOLDINGS,
L.P.,
a Delaware limited partnership
 
 
  By:   FELCOR/CSS HOTELS, L.L.C., as general partner of each entity    
         
             By:   /s/ Jonathan H. Yellen    
    Jonathan H. Yellen   
    Executive Vice President   
Signature Page to the Second Supplemental Indenture

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  FELCOR HOTEL ASSET COMPANY, L.L.C., a Delaware
limited liability company,
FELCOR PENNSYLVANIA COMPANY, L.L.C., a
Delaware limited liability company,
FELCOR LODGING HOLDING COMPANY, L.L.C., a
Delaware limited liability company,
FELCOR OMAHA HOTEL COMPANY, L.L.C., a Delaware
limited liability company,
FELCOR TRS HOLDINGS, L.L.C., a Delaware
limited liability company
MYRTLE BEACH HOTELS, L.L.C., a Delaware
limited liability company,
FELCOR LODGING COMPANY, L.L.C., a Delaware
limited liability company,
FELCOR TRS BORROWER 4, L.L.C., a Delaware
limited liability company, and FELCOR CANADA
CO.
, a Nova Scotia unlimited liability company
 
 
  By:   /s/ Jonathan H. Yellen    
    Jonathan H. Yellen   
    Executive Vice President   
 
         
  FHAC TEXAS HOLDINGS, L.P., a Texas limited
partnership
 
 
  By:   FelCor Hotel Asset Company, L.L.C., as its general partner   
         
             By:   /s/ Jonathan H. Yellen    
    Jonathan H. Yellen   
    Executive Vice President   
 
         
  FELCOR TRS BORROWER 1, L.P., a Delaware
limited partnership
 
 
  By:   FelCor TRS Borrower GP 1, L.L.C., a Delaware limited liability company, as its general partner    
         
             By:   /s/ Jonathan H. Yellen    
    Jonathan H. Yellen   
    Executive Vice President:   
 
         
  FELCOR TRS GUARANTOR, L.P., a Delaware limited
partnership
 
 
  By:   FelCor TRS Guarantor GP, L.L.C., a Delaware limited liability company, as its general partner    
         
             By:   /s/ Jonathan H. Yellen    
    Jonathan H. Yellen   
    Executive Vice President   
Signature Page to the Second Supplemental Indenture

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  FELCOR HOLDINGS TRUST, a Massachusetts
business trust
 
 
  By:   /s/ Jonathan H. Yellen    
    Name:   Jonathan H. Yellen   
    Title:   Executive Vice President General Counsel and Secretary   
 
         
     
  By:   /s/ Andrew J. Welch    
    Name:   Andrew J. Welch   
    Title:   Executive Vice President and Chief Financial Officer   
 
         
  U.S. BANK NATIONAL ASSOCIATION, as Trustee
 
 
  By:   /s/ Richard Prokosch    
    Name:   Richard Prokosch   
    Title:   Vice President   
 
Signature Page to the Second Supplemental Indenture

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