First Supplemental Indenture to 8.75% Senior Subordinated Notes Due 2007 – MeriStar Hospitality Subsidiaries and The Bank of New York
Contract Categories:
Business Finance
›
Indenture Agreements
Summary
This agreement, dated January 26, 2001, is a supplemental indenture among various subsidiaries of MeriStar Hospitality Corporation and The Bank of New York, as trustee. The subsidiaries agree to guarantee MeriStar's obligations under previously issued senior subordinated notes, making them jointly responsible for repayment. The guarantees are subject to the terms of the original indenture and are subordinate to senior debt. The agreement clarifies that individuals associated with the companies are not personally liable. New York law governs the agreement.
EX-4.13 2 0002.txt EXHIBIT 4.13 Exhibit 4.13 FIRST SUPPLEMENTAL INDENTURE This "Supplemental Indenture," dated as of January 26, 2001, among each of the subsidiaries of MeriStar Hospitality Corporation, a Maryland corporation (the "Company"), indicated as signatories hereto (collectively, the "Guarantors" and each, a "Guarantor") and The Bank of New York (as successor to IBJ Whitehall Bank & Trust Company), 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 March 18, 1999 providing for the issuance of up to an aggregate principal amount of $55,000,000 of 8 3/4% Senior Subordinated Notes due 2007 (the "Notes"); WHEREAS, Section 4.15 of the Indenture provides that under certain circumstances the Company is required to cause the Guarantors to execute and deliver to the Trustee a supplemental indenture pursuant to which the Guarantors shall unconditionally guarantee all of the Company's Obligations under the Notes pursuant to a Guarantee on the terms and conditions set forth herein; and WHEREAS, pursuant to Section 9.1 of the Indenture, the Trustee is 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 Guarantors 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 Guarantors hereby agree, jointly and severally with all other Guarantors, to guarantee the Company's obligations under the Notes on the terms and subject to the conditions set forth in Article 11 of the Indenture and to be bound by all other applicable provisions of the Indenture. The obligations of the Guarantors hereunder shall be junior and subordinated to the Senior Debt of such Guarantors in the manner and to the extent set forth in Article 11 of the Indenture. 3. NO RECOURSE AGAINST OTHERS. No past, present or future director, officer, employee, incorporator, shareholder or agent of the Guarantors, as such, shall have any liability for any obligations of the Company or any Guarantors under the Notes, any Guarantees, the Indenture or this Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of the 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. Such waiver or release may not be effective to waive or release 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. 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 thse construction hereof. 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. Dated: January 26, 2001 GUARANTORS: MERISTAR HOSPITALITY OPERATING PARTNERSHIP, L.P., a Delaware limited partnership By: MeriStar Hospitality Corporation, a Maryland corporation, general partner By: /s/ Christopher L. Bennett ------------------------------- Christopher L. Bennett Vice President, Legal MERISTAR HOSPITALITY FINANCE CORP. a Delaware corporation By: /s/ Christopher L. Bennett -------------------------------- Christopher L. Bennett Vice President, Legal MERISTAR ACQUISITION COMPANY, L.L.C., a Delaware limited liability company By: MeriStar Hospitality Operating Partnership, L.P., a Delaware limited partnership, member By: MeriStar Hospitality Corporation, a Maryland corporation, general partner By: /s/ Christopher L. Bennett -------------------------------- Christopher L. Bennett Vice President, Legal AGH PSS I, INC., a Delaware corporation By: /s/ Christopher L. Bennett ------------------------------- Christopher L. Bennett Vice President, Legal AGH UPREIT LLC, a Delaware limited liability company By: MeriStar Hospitality Corporation, a Maryland corporation, member By: /s/ Christopher L. Bennett ------------------------------- Christopher L. Bennett Vice President, Legal By: MeriStar Hospitality Operating Partnership, L.P., a Delaware limited partnership, member By: MeriStar Hospitality Corporation, a Maryland corporation, general partner By: /s/ Christopher L. Bennett ------------------------------- Christopher L. Bennett Vice President, Legal CAPSTAR HOUSTON SW PARTNERS, L.P. CAPSTAR MEDALLION HOUSTON PARTNERS, L.P. CAPSTAR MEDALLION DALLAS PARTNERS, L.P. CAPSTAR MEDALLION AUSTIN PARTNERS, L.P. CAPSTAR MIDLAND PARTNERS, L.P. CAPSTAR DALLAS PARTNERS, L.P. CAPSTAR MOCKINGBIRD PARTNERS, L.P. Each of the above being a Delaware limited partnership By: MeriStar Hospitality Operating Partnership, L.P., a Delaware limited partnership, general partner By: MeriStar Hospitality Corporation, a Maryland corporation, general partner By: /s/ Christopher L. Bennett ------------------------------- Christopher L. Bennett Vice President, Legal EQUISTAR SCHAUMBURG COMPANY, L.L.C. EQUISTAR BELLEVUE COMPANY, L.L.C. EQUISTAR CLEVELAND COMPANY, L.L.C. EQUISTAR LATHAM COMPANY, L.L.C. EQUISTAR VIRGINIA COMPANY, L.L.C. EQUISTAR BALLSTON COMPANY, L.L.C. EQUISTAR SALT LAKE COMPANY, L.L.C. EQUISTAR ATLANTA GP COMPANY, L.L.C. EQUISTAR ATLANTA LP COMPANY, L.L.C. CAPSTAR WASHINGTON COMPANY, L.L.C. CAPSTAR CS COMPANY, L.L.C. CAPSTAR SAN PEDRO COMPANY, L.L.C. CAPSTAR LOUISVILLE COMPANY, L.L.C. CAPSTAR LEXINGTON COMPANY, L.L.C. CAPSTAR OKLAHOMA CITY COMPANY, L.L.C. CAPSTAR CHERRY HILL COMPANY, L.L.C. CAPSTAR FRAZER COMPANY, L.L.C. CAPSTAR KC COMPANY, L.L.C. CAPSTAR NATIONAL AIRPORT COMPANY, L.L.C. CAPSTAR GEORGETOWN COMPANY, L.L.C. CAPSTAR JEKYLL COMPANY, L.L.C. CAPSTAR DETROIT AIRPORT COMPANY, L.L.C. CAPSTAR TUCSON COMPANY, L.L.C. CAPSTAR MESA COMPANY, L.L.C. CAPSTAR MORRISTOWN COMPANY, L.L.C. CAPSTAR INDIANAPOLIS COMPANY, L.L.C. CAPSTAR CHICAGO COMPANY, L.L.C. CAPSTAR WINDSOR LOCKS COMPANY, L.L.C. CAPSTAR HARTFORD COMPANY, L.L.C. CAPSTAR CROSS KEYS COMPANY, L.L.C. CAPSTAR COLUMBIA COMPANY, L.L.C. CAPSTAR ROLAND PARK COMPANY, L.L.C. CAPSTAR FORRESTAL COMPANY, L.L.C. Each of the above being a Delaware limited liability company By: MeriStar Hospitality Operating Partnership, L.P., a Delaware limited partnership, member By: MeriStar Hospitality Corporation, a Maryland corporation, general partner By: /s/ Christopher L. Bennett ------------------------------- Christopher L. Bennett Vice President, Legal MERISTAR SANTA BARBARA COMPANY, L.P. MERISTAR LAJV COMPANY, L.P. MERISTAR CATHEDRAL CITY COMPANY, L.P. Each of the above being a Delaware limited partnership By: MeriStar Hospitality Operating Partnership, L.P., a Delaware limited partnership, general partner By: MeriStar Hospitality Corporation, a Maryland corporation, general partner By: /s/ Christopher L. Bennett ------------------------------- Christopher L. Bennett Vice President, Legal MERISTAR SANIBEL INN COMPANY, LLC MERISTAR SUNDIAL BEACH COMPANY, LLC MERISTAR SAFETY HARBOR COMPANY, LLC MERISTAR SEASIDE INN COMPANY, LLC MERISTAR PLANTATION SHOPPING CENTER COMPANY, LLC MERISTAR SONG OF THE SEA COMPANY, LLC MERISTAR SHIRLEY'S PARCEL COMPANY, LLC MERISTAR SANIBEL GOLF COMPANY, LLC MERISTAR MARCO ISLAND COMPANY, LLC MERISTAR S.S. PLANTATION COMPANY, LLC MERISTAR HOTEL (CALGARY AIRPORT) LLC MERISTAR HOTEL (VANCOUVER) LLC MERISTAR HOTEL (SURREY) LLC MERISTAR HOTEL (BURNABY) LLC AGH 75 ARLINGTON HEIGHTS LLC Each of the above being a Delaware limited liability company By: MeriStar Hospitality Operating Partnership, L.P., a Delaware limited partnership, member By: MeriStar Hospitality Corporation, a Maryland corporation, general partner By: /s/ Christopher L. Bennett ------------------------------- Christopher L. Bennett Vice President, Legal 75 ARLINGTON HEIGHTS LIMITED PARTNERSHIP, L.P., a Delaware limited partnership By: AGH 75 Arlington Heights LLC, A Delaware limited liability company, general partner By: MeriStar Hospitality Operating Partnership, L.P., a Delaware limited partnership, member By: MeriStar Hospitality Corporation, a Maryland corporation, general partner By: /s/ Christopher L. Bennett ------------------------------- Christopher L. Bennett Vice President, Legal BCHI ACQUISITION, LLC a Delaware limited liability company By: AGH UPREIT LLC, a Delaware limited liability company, member By: MeriStar Hospitality Operating Partnership, L.P., a Delaware limited partnership, member By: MeriStar Hospitality Corporation, a Maryland corporation, general partner By: /s/ Christopher L. Bennett ------------------------------- Christopher L. Bennett Vice President, Legal By: MeriStar Hospitality Operating Partnership, L.P., a Delaware limited partnership, member By: MeriStar Hospitality Corporation, a Maryland corporation, general partner By: /s/ Christopher L. Bennett ------------------------------- Christopher L. Bennett Vice President, Legal MDV LIMITED PARTNERSHIP a Texas limited partnership 183 HOTEL ASSOCIATES, LTD. a Texas limited partnership LAKE BUENA VISTA PARTNERS, LTD. a Florida limited partnership DURHAM I-85 LIMITED PARTNERSHIP a Delaware limited partnership COCOA BEACH HOTELS, LTD. a Florida limited partnership By: AGH UPREIT LLC, a Delaware limited liability company, their general partner By: MeriStar Hospitality Operating Partnership, L.P., a Delaware limited partnership, member By: MeriStar Hospitality Corporation, a Maryland corporation, general partner By: /s/ Christopher L. Bennett ------------------------------- Christopher L. Bennett Vice President, Legal MERISTAR HOTEL LESSEE, INC., a Delaware corporation By: /s/ Christopher L. Bennett ------------------------------- Christopher L. Bennett Vice President, Legal HOTEL COLUMBIA COMPANY, a Maryland general partnership By: CapStar Columbia Company, L.L.C., a Delaware limited liability company, partner By: MeriStar Hospitality Operating Partnership, L.P., a Delaware limited partnership, member By: MeriStar Hospitality Corporation, a Maryland corporation, general partner By: /s/ Christopher L. Bennett ------------------------------- Christopher L. Bennett Vice President, Legal By: CapStar Roland Park Company, L.L.C., a Delaware limited liability company, partner By: MeriStar Hospitality Operating Partnership, L.P., a Delaware limited partnership, member By: MeriStar Hospitality Corporation, a Maryland corporation, general partner By: /s/ Christopher L. Bennett ------------------------------- Christopher L. Bennett Vice President, Legal MERISTAR LP, INC., a Nevada corporation By: /s/ Christopher L. Bennett ------------------------------- Christopher L. Bennett Vice President, Legal 3100 GLENDALE JOINT VENTURE an Ohio general partnership By: AGH UPREIT LLC, a Delaware limited liability company, partner By: MeriStar Hospitality Operating Partnership, L.P., a Delaware limited partnership, member By: MeriStar Hospitality Corporation, a Maryland corporation, general partner By: /s/ Christopher L. Bennett ------------------------------- Christopher L. Bennett Vice President, Legal By: MeriStar Hospitality Operating Partnership, L.P., a Delaware limited partnership, partner By: MeriStar Hospitality Corporation, a Maryland corporation, general partner By: /s/ Christopher L. Bennett ------------------------------- Christopher L. Bennett Vice President, Legal THE BANK OF NEW YORK, as Trustee By: /s/ Ming J. Shiang ------------------------------- Name: Ming J. Shiang Title: Vice President