First Supplemental Indenture
Exhibit 4.6
RENT-A-CENTER, INC.,
as Issuer,
the GUARANTORS named herein,
as Guarantors,
and
THE BANK OF NEW YORK
as Trustee
FIRST SUPPLEMENTAL INDENTURE
Dated as of December 4, 2003
to
INDENTURE
Dated as of May 6, 2003
between
RENT-A-CENTER, INC., as Issuer,
the GUARANTORS named therein, as Guarantors,
and
THE BANK OF NEW YORK, as Trustee
$300,000,000
Series B
7 1/2% Senior Subordinated Notes due 2010
This FIRST SUPPLEMENTAL INDENTURE, dated as of December 4, 2003, is entered into by and among Rent-A-Center, Inc., a Delaware corporation (the Company), Rent-A-Center East, Inc., a Delaware corporation (RAC East), ColorTyme, Inc., a Texas corporation (ColorTyme), Rent-A-Center West, Inc., a Delaware corporation (RAC West), Get It Now, LLC, a Delaware limited liability company (Get It Now), Rent-A-Center Texas, L.P., a Texas limited partnership (RAC Texas, LP), Rent-A-Center Texas, L.L.C., a Nevada limited liability company (RAC Texas, LLC), Rent-A-Center International, Inc., a Delaware corporation (RAC International), Rent-A-Center Addison, L.L.C., a Delaware limited liability company (RAC Addison), and The Bank of New York, a New York banking corporation, as Trustee (the Trustee).
WHEREAS, the Company has heretofore executed and delivered to the Trustee an Indenture, dated as of May 6, 2003, by and among the Company, RAC East, ColorTyme, RAC West, Get It Now, RAC Texas, LP, RAC Texas, LLC and the Trustee (the Indenture), providing for the issuance of its 7½% Series B Senior Subordinated Notes due 2010 (the Notes); and
WHEREAS, RAC East, ColorTyme, RAC West, Get It Now, RAC Texas, LP and RAC Texas, LLC are currently Guarantors under the Indenture; and
WHEREAS, RAC East has formed RAC International as a wholly-owned subsidiary of RAC East; and
WHEREAS, in connection with the formation of RAC International, the Board of Directors of the Company has designated RAC International as a Restricted Subsidiary under the Indenture; and
WHEREAS, RAC International has agreed to become a Guarantor by guaranteeing the obligations of the Company under the Indenture in accordance with the terms thereof; and
WHEREAS, pursuant to Section 1020 of the Indenture, the addition of RAC International as a Guarantor is required under the Indenture; and
WHEREAS, RAC International has been duly authorized to enter into, execute and deliver this First Supplemental Indenture; and
WHEREAS, RAC Texas, LP has formed RAC Addison as a wholly-owned subsidiary of RAC Texas, LP; and
WHEREAS, from time to time, RAC Texas, LP intends to transfer certain assets of RAC Texas, LP to RAC Addison (the Asset Transfer); and
WHEREAS, in connection with the formation of RAC Addison and the resulting Asset Transfer, the Board of Directors of the Company has designated RAC Addison as a Restricted Subsidiary under the Indenture; and
WHEREAS, pursuant to Sections 1009, 1012 and 1017 of the Indenture, the Asset Transfer is permitted under the Indenture; and
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WHEREAS, in partial consideration for the Asset Transfer, RAC Addison has agreed to become a Guarantor by guaranteeing the obligations of the Company under the Indenture in accordance with the terms thereof; and
WHEREAS, pursuant to Section 1020 of the Indenture, the addition of RAC Addison as a Guarantor is required under the Indenture; and
WHEREAS, RAC Addison has been duly authorized to enter into, execute and deliver this First Supplemental Indenture.
NOW, THEREFORE, for and in consideration of the premises and covenants and agreements contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company, RAC East, ColorTyme, RAC West, Get It Now, RAC Texas, LP, RAC Texas, LLC, RAC International, RAC Addison and the Trustee agree as follows:
SECTION 1. Capitalized terms used herein but not defined herein shall have the meaning provided in the Indenture.
SECTION 2. The Trustee hereby consents to the addition of RAC International and RAC Addison as additional Guarantors under the Indenture. As of the date hereof (the Effective Time), RAC International and RAC Addison shall become, and each of RAC East, ColorTyme, RAC West, Get It Now, RAC Texas, LP and RAC Texas, LLC shall continue to be, a Guarantor under and as defined in the Indenture, and at the Effective Time, RAC International and RAC Addison shall assume all the obligations of a Guarantor under the Notes and the Indenture as described in the Indenture. RAC International and RAC Addison hereby, jointly and severally, unconditionally guarantee the full and prompt payment of the principal of, premium, if any, and interest on the Notes and all other obligations of the Issuer and the Guarantors under the Indenture in accordance with the terms of the Notes and the Indenture.
SECTION 3. Except as expressly supplemented by this First Supplemental Indenture, the Indenture and the Notes issued thereunder are in all respects ratified and confirmed and all of the rights, remedies, terms, conditions, covenants and agreements of the Indenture and Notes issued thereunder shall remain in full force and effect.
SECTION 4. This First Supplemental Indenture is executed and shall constitute an indenture supplemental to the Indenture and shall be construed in connection with and as part of the Indenture. This First Supplemental Indenture shall be governed by and construed in accordance with the laws of the jurisdiction that governs the Indenture and its construction.
SECTION 5. This First Supplemental Indenture may be executed in any number of counterparts, each of which shall be deemed to be an original for all purposes; but such counterparts shall together be deemed to constitute but one and the same instrument.
SECTION 6. Any and all notices, requests, certificates and other instruments executed and delivered after the execution and delivery of this First Supplemental Indenture may refer to the Indenture without making specific reference to this First Supplemental Indenture, but
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nevertheless all such references shall include this First Supplemental Indenture unless the context otherwise requires.
SECTION 7. This First Supplemental Indenture shall be deemed to have become effective upon the date first above written.
SECTION 8. In the event of a conflict between the terms of this First Supplemental Indenture and the Indenture, this First Supplemental Indenture shall control.
SECTION 9. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this First Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Company, RAC East, ColorTyme, RAC West, Get It Now, RAC Texas, LP, RAC Texas, LLC, RAC International and RAC Addison.
[Remainder of Page Intentionally Left Blank]
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IN WITNESS WHEREOF, the parties have caused this First Supplemental Indenture to be duly executed as of the day and year first above written.
THE BANK OF NEW YORK,
as Trustee
By: /s/ Van U. Brown
RENT-A-CENTER, INC. | ||||
By: | /s/ Mitchell E. Fadel | |||
Mitchell E. Fadel | ||||
President and Chief Operating Officer | ||||
RENT-A-CENTER EAST, INC. | ||||
By: | /s/ Mitchell E. Fadel | |||
Mitchell E. Fadel | ||||
Vice President | ||||
COLORTYME, INC. | ||||
By: | /s/ Mitchell E. Fadel | |||
Mitchell E. Fadel | ||||
Vice President | ||||
RENT-A-CENTER WEST, INC. | ||||
By: | /s/ Mitchell E. Fadel | |||
Mitchell E. Fadel | ||||
Vice President |
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GET IT NOW, LLC | ||||||||
By: | /s/ Mitchell E. Fadel | |||||||
Mitchell E. Fadel | ||||||||
Vice President | ||||||||
RENT-A-CENTER TEXAS, L.P. | ||||||||
By: | Rent-A-Center East, Inc, | |||||||
its general partner | ||||||||
By: | /s/ Mitchell E. Fadel | |||||||
Mitchell E. Fadel | ||||||||
Vice President | ||||||||
RENT-A-CENTER TEXAS, L.L.C. | ||||||||
By: | /s/ James Ashworth | |||||||
James Ashworth | ||||||||
President and Secretary | ||||||||
RENT-A-CENTER INTERNATIONAL, INC. | ||||||||
By: | /s/ Mitchell E. Fadel | |||||||
Mitchell E. Fadel | ||||||||
Vice President | ||||||||
RENT-A-CENTER ADDISON, L.L.C. | ||||||||
By: | /s/ Mitchell E. Fadel | |||||||
Mitchell E. Fadel | ||||||||
Vice President |
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