THIRD SUPPLEMENTAL INDENTURE

EX-4.24 246 d377366dex424.htm EX-4.24 EX-4.24

Exhibit 4.24

THIRD SUPPLEMENTAL INDENTURE

THIRD SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”) dated as of May 5, 2017, among ALBERTSONS COMPANIES, LLC, a Delaware limited liability company (the “Company”), NEW ALBERTSON’S, INC., an Ohio corporation (“NAI”), SAFEWAY INC., a Delaware corporation (“Safeway”) and ALBERTSON’S LLC, a Delaware limited liability company (“Albertsons”, together with Safeway and NAI, each a “Existing Co-Issuer” and collectively, the “Existing Co-Issuers” and together with the Company, each an “Existing Issuer” and collectively, the “Existing Issuers”), the other parties that are signatories hereto under the heading Additional Issuers (each, a “Additional Issuer,” and collectively, the “Additional Issuers”) and WILMINGTON TRUST, NATIONAL ASSOCIATION, a national banking association, as trustee (in such capacity, together with its successors and assigns in such capacity, the “Trustee”).

W I T N E S S E T H :

WHEREAS the Existing Issuers, as issuers, and the Additional Issuers, as subsidiary guarantors, have executed and delivered to the Trustee an indenture (as amended, supplemented or otherwise modified, the “Indenture”) dated as May 31, 2016, providing for the issuance of the Issuers’ 5.750% Senior Notes due 2025 (the “Securities”), initially in the aggregate principal amount of $1,250,000,000; and

WHEREAS pursuant to Section 9.01 of the Indenture, the Trustee and the Company are 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 Company and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Securities as follows:

1.    Defined Terms. As used in this Supplemental Indenture, terms defined in the Indenture or in the preamble or recital hereto are used herein as therein defined. The words “herein,” “hereof” and hereby and other words of similar import used in this Supplemental Indenture refer to this Supplemental Indenture as a whole and not to any particular section hereof.

2.    Confirmation of Guarantee. Each Additional Issuer hereby confirms, jointly and severally, that its Guarantee shall apply to the Issuers’ Obligations under the Securities and the Indenture on the terms and subject to the conditions set forth in Article X of the Indenture and will continue to be bound by all other applicable provisions of the Indenture and the Securities and to perform all of the obligations and agreements of a Subsidiary Guarantor under the Indenture.

3.    Agreement to Assume Issuer Obligations.

(a)     Each Additional Issuer hereby agrees, to unconditionally assume, jointly and severally with all Existing Issuers, the Obligations under the Securities and the Indenture as an Issuer (as defined in the Indenture) under the Indenture.


(b)    Each Existing Issuer, joint and severally, confirms that nothing in this Supplemental Indenture relieves any Existing Issuer of its Obligations under the Securities and the Indenture.

4.    Amendment to Section 1.01 of the Indenture. The following definition is hereby added:

Additional Issuer” means each Subsidiary Guarantor that executes a supplemental indenture (which supplemental indenture shall be in a form consistent with the Third Supplemental Indenture dated [            ], 2017) as an “Additional Issuer”. The provisions applicable to an “Issuer” under Section 5.01 and Section 5.02 (in each case, including the related definitions referred to therein) shall not apply to any Additional Issuer and each provision of this Indenture applicable to a Guarantor shall continue to apply to each Guarantor notwithstanding its designation as an Additional Issuer.”

5.    Ratification of Indenture; Supplemental Indentures Part of Indenture. Except as expressly amended hereby, the Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions 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 Securities heretofore or hereafter authenticated and delivered shall be bound hereby.

6.    Governing Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

7.    Trustee Makes No Representation. The Trustee makes no representation as to the recitals or the validity or sufficiency of this Supplemental Indenture.

8.    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.

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

[Remainder of Page Intentionally Left Blank]


IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed as of the date first above written.

 

Existing Issuers
ALBERTSONS COMPANIES, LLC
By:  

/s/ Wayne Denningham

  Name:   Wayne Denningham
  Title:   President & Chief Operating Officer
ALBERTSON’S LLC
By:  

/s/ Wayne Denningham

  Name:   Wayne Denningham
  Title:   President & Chief Operating Officer
NEW ALBERTSON’S, INC.
By:  

/s/ Wayne Denningham

  Name:   Wayne Denningham
  Title:   President & Chief Operating Officer
SAFEWAY INC.
By:  

/s/ Wayne Denningham

  Name:   Wayne Denningham
  Title:   President & Chief Operating Officer

 

[Third Supplemental Indenture (2025 Notes)]


Additional Issuers
UNITED SUPERMARKETS, L.L.C.
By:  

/s/ Bradley R. Beckstrom

  Name:   Bradley R. Beckstrom
  Title:   Group Vice President, Real Estate &
    Business Law & Assistant Secretary
SPIRIT ACQUISITION HOLDINGS LLC
By:  

/s/ Bradley R. Beckstrom

  Name:   Bradley R. Beckstrom
  Title:   President

 

[Third Supplemental Indenture (2025 Notes)]


ABS FINANCE CO., INC.
ACME MARKETS, INC.
AMERICAN DRUG STORES LLC
AMERICAN PARTNERS, L.P.
AMERICAN PROCUREMENT AND LOGISTICS COMPANY LLC
AMERICAN STORES COMPANY, LLC
APLC PROCUREMENT, INC.
ASC MEDIA SERVICES, INC.
ASP REALTY, LLC
CLIFFORD W. PERHAM, INC.
JETCO PROPERTIES, INC.
JEWEL COMPANIES, INC.
JEWEL FOOD STORES, INC.
LUCKY STORES LLC
OAKBROOK BEVERAGE CENTERS, INC.
SHAW’S REALTY CO.
SHAW’S SUPERMARKETS, INC.
SSM HOLDINGS COMPANY
STAR MARKETS COMPANY, INC.
STAR MARKETS HOLDINGS, INC.
WILDCAT MARKETS OPCO LLC
NAI SATURN EASTERN LLC
COLLINGTON SERVICES LLC
GIANT OF SALISBURY, INC.
ALBERTSONS COMPANIES SPECIALTY CARE, LLC
MEDCART SPECIALTY CARE, LLC
By:  

/s/ Gary Morton

  Name:   Gary Morton
  Title:  

Vice President, Treasurer &

Assistant Secretary

SHAW’S REALTY TRUST
By:  

/s/ Gary Morton

  Name:   Gary Morton
  Title:   Trustee

 

[Third Supplemental Indenture (2025 Notes)]


FRESH HOLDINGS LLC
AMERICAN FOOD AND DRUG LLC
EXTREME LLC
NEWCO INVESTMENTS, LLC
NHI INVESTMENT PARTNERS, LP
AMERICAN STORES PROPERTIES LLC
JEWEL OSCO SOUTHWEST LLC
SUNRICH MERCANTILE LLC
ABS REAL ESTATE HOLDINGS LLC

ABS REAL ESTATE INVESTOR HOLDINGS LLC

ABS REAL ESTATE CORP.
ABS REAL ESTATE OWNER HOLDINGS LLC
ABS MEZZANINE I LLC
ABS TX INVESTOR GP LLC
ABS FLA INVESTOR LLC
ABS TX INVESTOR LP
ABS SW INVESTOR LLC
ABS RM INVESTOR LLC
ABS DFW INVESTOR LLC
ASP SW INVESTOR LLC
ABS TX LEASE INVESTOR GP LLC
ABS FLA LEASE INVESTOR LLC
ABS TX LEASE INVESTOR LP
ABS SW LEASE INVESTOR LLC
ABS RM LEASE INVESTOR LLC
ASP SW LEASE INVESTOR LLC
AFDI NOCAL LEASE INVESTOR LLC
ABS NOCAL LEASE INVESTOR LLC
ASR TX INVESTOR GP LLC
ASR TX INVESTOR LP
ABS REALTY INVESTOR LLC
ASR LEASE INVESTOR LLC
By:  

/s/ Bradley R. Beckstrom

  Name:   Bradley R. Beckstrom
  Title:   Group Vice President, Real Estate & Business Law, and Assistant Secretary

 

[Third Supplemental Indenture (2025 Notes)]


GOOD SPIRITS LLC
By:  

/s/ Bradley R. Beckstrom

  Name:   Bradley R. Beckstrom
  Title:   Vice President & Secretary

 

[Third Supplemental Indenture (2025 Notes)]


ABS REALTY LEASE INVESTOR LLC
ABS MEZZANINE II LLC
ABS TX OWNER GP LLC
ABS FLA OWNER LLC
ABS TX OWNER LP
ABS TX LEASE OWNER GP LLC
ABS TX LEASE OWNER LP
ABS SW OWNER LLC
ABS SW LEASE OWNER LLC
LUCKY (DEL) LEASE OWNER LLC
SHORTCO OWNER LLC
ABS NOCAL LEASE OWNER LLC
LSP LEASE LLC
ABS RM OWNER LLC
ABS RM LEASE OWNER LLC
ABS DFW OWNER LLC
ASP SW OWNER LLC
ASP SW LEASE OWNER LLC
NHI TX OWNER GP LLC
EXT OWNER LLC
NHI TX OWNER LP
SUNRICH OWNER LLC
NHI TX LEASE OWNER GP LLC
ASR OWNER LLC
EXT LEASE OWNER LLC
NHI TX LEASE OWNER LP
ASR TX LEASE OWNER GP LLC
ASR TX LEASE OWNER LP
ABS MEZZANINE III LLC
ABS CA-O LLC
ABS CA-GL LLC
ABS ID-O LLC
ABS ID-GL LLC
ABS MT-O LLC
ABS MT-GL LLC
ABS NV-O LLC
ABS NV-GL LLC
By:  

/s/ Bradley R. Beckstrom

  Name:   Bradley R. Beckstrom
  Title:   Group Vice President, Real Estate & Business Law, and Assistant Secretary

 

[Third Supplemental Indenture (2025 Notes)]


ABS OR-O LLC
ABS OR-GL LLC
ABS UT-O LLC
ABS UT-GL LLC
ABS WA-O LLC
ABS WA-GL LLC
ABS WY-O LLC
ABS WY-GL LLC
ABS CA-O DC1 LLC
ABS CA-O DC2 LLC
ABS ID-O DC LLC
ABS OR-O DC LLC
ABS UT-O DC LLC
ABS DFW LEASE OWNER LLC
By:  

/s/ Bradley R. Beckstrom

  Name:   Bradley R. Beckstrom
  Title:   Group Vice President, Real Estate & Business Law, and Assistant Secretary

 

[Third Supplemental Indenture (2025 Notes)]


USM MANUFACTURING L.L.C.
LLANO LOGISTICS, INC.
By:  

/s/ Bradley R. Beckstrom

  Name:   Bradley R. Beckstrom
  Title:   Vice President, Legal

 

[Third Supplemental Indenture (2025 Notes)]


SAFEWAY NEW CANADA, INC.
SAFEWAY CORPORATE, INC.
SAFEWAY STORES 67, INC.
SAFEWAY DALLAS, INC.
SAFEWAY STORES 78, INC.
SAFEWAY STORES 79, INC.
SAFEWAY STORES 80, INC.
SAFEWAY STORES 85, INC.
SAFEWAY STORES 86, INC.
SAFEWAY STORES 87, INC.
SAFEWAY STORES 88, INC.
SAFEWAY STORES 89, INC.
SAFEWAY STORES 90, INC.
SAFEWAY STORES 91, INC.
SAFEWAY STORES 92, INC.
SAFEWAY STORES 96, INC.
SAFEWAY STORES 97, INC.
SAFEWAY STORES 98, INC.
SAFEWAY DENVER, INC.
SAFEWAY STORES 44, INC.
SAFEWAY STORES 45, INC.
SAFEWAY STORES 46, INC.
SAFEWAY STORES 47, INC.
SAFEWAY STORES 48, INC.
SAFEWAY STORES 49, INC.
SAFEWAY STORES 58, INC.
SAFEWAY SOUTHERN CALIFORNIA, INC.
SAFEWAY STORES 28, INC.
SAFEWAY STORES 42, INC.
SAFEWAY STORES 99, INC.
SAFEWAY STORES 71, INC.
SAFEWAY STORES 72, INC.
SSI – AK HOLDINGS, INC.
DOMINICK’S SUPERMARKETS, LLC
DOMINICK’S FINER FOODS, LLC
RANDALL’S FOOD MARKETS, INC.
SAFEWAY GIFT CARDS, LLC
SAFEWAY HOLDINGS I, LLC
GROCERYWORKS.COM, LLC
By:  

/s/ Laura A. Donald

  Name:   Laura A. Donald
  Title:   Vice President & Assistant Secretary

 

[Third Supplemental Indenture (2025 Notes)]


GROCERYWORKS.COM OPERATING COMPANY, LLC
THE VONS COMPANIES, INC.
STRATEGIC GLOBAL SOURCING, LLC
GFM HOLDINGS LLC
RANDALL’S HOLDINGS, INC.
SAFEWAY AUSTRALIA HOLDINGS, INC.
SAFEWAY CANADA HOLDINGS, INC.
AVIA PARTNERS, INC.
SAFEWAY PHILTECH HOLDINGS, INC.
CONSOLIDATED PROCUREMENT SERVICES, INC.
CARR-GOTTSTEIN FOODS CO.
SAFEWAY HEALTH INC.
LUCERNE FOODS, INC.
EATING RIGHT LLC
LUCERNE DAIRY PRODUCTS LLC
LUCERNE NORTH AMERICA LLC
O ORGANICS LLC
DIVARIO VENTURES LLC
CAYAM ENERGY, LLC
GFM HOLDINGS I, INC.
By:  

/s/ Laura A. Donald

  Name:   Laura A. Donald
  Title:   Vice President & Assistant Secretary

 

[Third Supplemental Indenture (2025 Notes)]


GENUARDI’S FAMILY MARKETS LP
By: GFM HOLDINGS LLC, its general partner
By:  

/s/ Laura A. Donald

  Name:   Laura A. Donald
  Title:   Vice President & Assistant Secretary

 

[Third Supplemental Indenture (2025 Notes)]


RANDALL’S FOOD & DRUGS LP
By: RANDALL’S FOOD MARKETS, INC., its general partner
By:  

/s/ Laura A. Donald

  Name:   Laura A. Donald
  Title:   Vice President & Assistant Secretary

 

[Third Supplemental Indenture (2025 Notes)]


RANDALL’S MANAGEMENT COMPANY, INC.
RANDALL’S BEVERAGE COMPANY, INC.
By:  

/s/ Miles Kendall

  Name:   Miles Kendall
  Title:   President, Treasurer & Secretary

 

[Third Supplemental Indenture (2025 Notes)]


RANDALL’S INVESTMENTS, INC.
By:  

/s/ Elizabeth A. Harris

  Name:   Elizabeth A. Harris
  Title:   Vice President & Secretary

 

[Third Supplemental Indenture (2025 Notes)]


WILMINGTON TRUST, NATIONAL ASSOCIATION, as Trustee
By:  

/s/ Hallie E. Field

  Name:   Hallie E. Field
  Title:   Assistant Vice President

 

[Third Supplemental Indenture (2025 Notes)]