Annex to Terms and Conditions for Additional Issue of DKK 50 Million, 2% Bonds by York International Corporation and Danske Bank
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York International Corporation and Danske Bank have agreed to increase the original bond issue from DKK 200 million to DKK 250 million. The additional DKK 50 million in bonds will be sold to investors at market rates, with a fixed annual interest rate of 2% until October 29, 2004. The agreement is governed by Danish law, and any disputes will be resolved in the Copenhagen Maritime and Commercial Court.
EX-4.15 8 w94715exv4w15.txt TERMS AND CONDITIONS OF DKK 50 MILLION EXHIBIT 4.15 ADDITIONAL ISSUE OF DKK 50 MILLION, 2 PER CENT BONDS UDSTEDER ISSUER York International Corporation York International Corporation FORHOJELSE AF 2% OBLIGATIONSLAN INCREASE OF 2% BONDS LOAN 2003/2004 2003/2004 OPRINDELIGT DKK 200.000.000 INITIALLY DKK 200,000,000 TO DKK TIL DKK 250.000.000. 250,000,000. ARRANGOR ARRANGER Danske Bank Danske Bank BETINGELSER FOR ALLONGE TIL OBLIGATIONS- TERMS AND CONDITIONS FOR ANNEX BETINGELSER Naervaerende allonge skal laeses og This annex is to be read and construed fortolkes i sammenhaeng med in connection with the terms and obligationsbetingelser dateret 28. conditions for the bonds, dated oktober 2003 (Appendix 1), sammen October 28, 2003 (Appendix 1), herefter betegnet together hereinafter termed "the terms "obligationsbetingelserne", som skal and conditions for the bonds", that gaelde for det oprindelige lan samt apply to the initial loan and the Forhojelsen som naermere beskrevet Increase as described below. nedenfor. Med virkning fra Indbetalingsdag for From the Payment Date for additional forhojelsen, som beskrevet nedenfor, bonds, as described below, the terms aendres obligationsbetingelserne som and conditions for the bonds are folger: amended as follows: FORHOJELSEN THE INCREASE Den initiale udstedelse pa nominelt The initial issue for DKK 200 million danske kroner ("DKK") 200 mio. is increased with DKK 50 million to a forhojes med total 2 nominelt DKK 50 mio. til i alt issue of DKK 250 million. nominelt DKK 250 mio. KURS RATE Obligationer i relation til Bonds in relation to the Increase (in Forhojelsen (i naervaerende allonge this annex termed "the additional benaevnt "tillaegsobligationerne", bonds", which in relation to the terms som i relation til and conditions for the bonds are obligationsbetingelserne indgar i included in the term "the bonds") are betegnelsen "obligationer") er acquired by Danske Bank for the erhvervet af Danske Bank med henblik purpose of resale to investors at pa videresalg til investorer til current market values. gaeldende markedskurser. INDBETALINGSDAG FOR TILLAEGSOBLIGATION- PAYMENT DATE FOR THE ADDITIONAL BONDS ERNE 23. december 2003 December 23, 2003 LOBETID OG KUPONRENTE TERM AND COUPON RATE Lobetiden for tillaegsobligationerne The additional bonds shall have a term er fra Indbetalingsdagen for from the Payment Date for additional tillaegsobligationerne til 29. bonds until October 29, 2004. oktober 2004. Tillaegsobligationerne forrentes dog However, during the term for the bonds i lobetiden for de oprindeligt initially issued, which is 364 days udstedte obligationer, som er 364 from October 31, 2003, to October 29, dage fra 31. oktober 2003 til 29. 2004, the additional bonds carry a oktober 2004, med en fast kuponrente fixed coupon rate of 2 per cent per pa 2% p.a. annum. Renteberegningen sker pa basis af The calculation of interests is to be lobetidens faktiske antal dage (364 done on the basis of the actual number dage) divideret med det faktiske of days within the period of maturity antal dage i det fulde relevante ar (364 days) divided by the actual (366 dage). number of days within the full relevant year (366 days). FONDSKODE ISIN CODE 3 DK 000036528-9 DK 000036528-9 LOVVALG OG VAERNETING GOVERNING LAW AND VENUE Obligationerne er underlagt dansk ret The bonds are to be governed by and og eventuelle sogsmal med relation construed in accordance with Danish til obligationerne skal anlaegges ved law. Any legal actions arising out of So-og Handelsretten i Kobenhavn. or relating to the bonds shall be settled by the Copenhagen Maritime and Commercial Court. UDSTEDERS TILTRAEDELSE AF ALLONGE TIL ISSUERS ACCEPTANCE OF ANNEX TO TERMS OBLIGATIONSBETINGELSER AND CONDITIONS FOR BONDS Naervaerende allonge til This annex to terms and conditions for obligationsbetingelser tiltraedes bonds is hereby accepted: herved: [underskrift] [signature] York, Pennsylvania, den 17. December York, Pennsylvania, December 17, 2003 2003 York International Corporation York International Corporation ("York") ("York")