as Issuer,
THE PULLMAN COMPANY
CLEVITE INDUSTRIES INC.
TENNECO GLOBAL HOLDINGS INC.
TMC TEXAS INC.
TENNECO INTERNATIONAL HOLDING CORP.
as Trustee
TIA | Indenture | |
Section | Section | |
310(a)(1) | 7.10 | |
(a)(2) | 7.10 | |
(a)(3) | N.A. | |
(a)(4) | N.A. | |
(a)(5) | 7.10 | |
(b) | 7.08; 7.10 | |
(c) | N.A. | |
311(a) | 7.11 | |
(b) | 7.11 | |
312(a) | 2.05 | |
(b) | 11.03 | |
(c) | 11.03 | |
313(a) | 7.06 | |
(b)(1) | 7.06 | |
(b)(2) | 7.06; 7.07 | |
(c) | 7.05; 7.06; 11.02 | |
(d) | 7.06 | |
314(a) | 4.08; 4.10; 11.02 | |
(b) | N.A. | |
(c)(1) | 4.08; 11.04 | |
(c)(2) | 11.04 | |
(c)(3 | 4.08; 11.04 | |
(d) | N.A. | |
(e) | 11.05 | |
(f) | N.A. | |
315(a) | 7.01(b) | |
(b) | 7.05; 11.02 | |
(c) | 7.01(a) | |
(d) | 7.01(c) | |
(e) | 6.11 | |
316(a)(last sentence) | 2.09 | |
(a)(1)(A) | 6.05 | |
(a)(1)(B) | 6.04 | |
(a)(2) | N.A. | |
(b) | 6.07; 9.04 | |
(c) | 9.04 | |
317(a)(1) | 6.08 | |
(a)(2) | 6.09 | |
(b) | 2.04 | |
318(a) | 11.01 | |
(c) | 11.01 |
“N.A.” means Not Applicable. | ||
NOTE: | This Cross-Reference Table shall not, for any purpose, be deemed to be a part of the Indenture. |
Page | ||||
ARTICLE I | ||||
DEFINITIONS AND INCORPORATION BY REFERENCE | ||||
SECTION 1.01. Definitions | 1 | |||
SECTION 1.02. Incorporation by Reference of TIA | 36 | |||
SECTION 1.03. Rules of Construction | 36 | |||
ARTICLE II | ||||
THE SECURITIES | ||||
SECTION 2.01. Form and Dating | 37 | |||
SECTION 2.02. Execution and Authentication | 38 | |||
SECTION 2.03. Registrar and Paying Agent | 39 | |||
SECTION 2.04. Paying Agent To Hold Assets in Trust | 39 | |||
SECTION 2.05. Securityholder Lists | 40 | |||
SECTION 2.06. Transfer and Exchange | 40 | |||
SECTION 2.07. Replacement Securities | 41 | |||
SECTION 2.08. Outstanding Securities | 41 | |||
SECTION 2.09. Treasury Securities | 41 | |||
SECTION 2.10. Temporary Securities | 42 | |||
SECTION 2.11. Cancellation | 42 | |||
SECTION 2.12. Defaulted Interest | 42 | |||
SECTION 2.13. CUSIP Number | 42 | |||
SECTION 2.14. Deposit of Moneys | 43 | |||
SECTION 2.15. Book-Entry Provisions for Global Securities | 43 | |||
SECTION 2.16. Registration of Transfers and Exchanges | 44 | |||
ARTICLE III | ||||
REDEMPTION | ||||
SECTION 3.01. Notices to Trustee | 48 | |||
SECTION 3.02. Selection of Securities To Be Redeemed | 48 | |||
SECTION 3.03. Notice of Redemption | 49 | |||
SECTION 3.04. Effect of Notice of Redemption | 50 | |||
SECTION 3.05. Deposit of Redemption Price | 50 | |||
SECTION 3.06. Securities Redeemed in Part | 50 |
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Page | ||||
ARTICLE IV | ||||
COVENANTS | ||||
SECTION 4.01. Payment of Securities | 50 | |||
SECTION 4.02. Maintenance of Office or Agency | 51 | |||
SECTION 4.03. Limitation on Incurrence of Additional Indebtedness | 51 | |||
SECTION 4.04. Limitation on Restricted Payments | 52 | |||
SECTION 4.05. Corporate Existence | 55 | |||
SECTION 4.06. Payment of Taxes and Other Claims | 56 | |||
SECTION 4.07. Maintenance of Properties and Insurance | 56 | |||
SECTION 4.08. Compliance Certificate; Notice of Default | 57 | |||
SECTION 4.09. Compliance with Laws | 57 | |||
SECTION 4.10. Reports to Holders | 58 | |||
SECTION 4.11. Waiver of Stay, Extension or Usury Laws | 59 | |||
SECTION 4.12. Limitation on Asset Sales | 59 | |||
SECTION 4.13. Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries | 62 | |||
SECTION 4.14. Limitation on Issuances of Capital Stock of Restricted Subsidiaries | 64 | |||
SECTION 4.15. Limitation on Liens | 64 | |||
SECTION 4.16. [Intentionally Omitted] | 65 | |||
SECTION 4.17. Limitation on Transactions with Affiliates | 65 | |||
SECTION 4.18. Issuance of Subsidiary Guarantees | 66 | |||
SECTION 4.19. Payments for Consent | 68 | |||
SECTION 4.20. Limitation on Designations of Unrestricted Subsidiaries | 68 | |||
SECTION 4.21. Change of Control | 70 | |||
SECTION 4.22. Covenant Suspension | 71 | |||
ARTICLE V | ||||
SUCCESSOR CORPORATION | ||||
SECTION 5.01. Merger, Consolidation and Sale of Assets | 73 | |||
SECTION 5.02. Successor Corporation Substituted | 75 | |||
ARTICLE VI | ||||
DEFAULT AND REMEDIES | ||||
SECTION 6.01. Events of Default | 76 | |||
SECTION 6.02. Acceleration | 77 | |||
SECTION 6.03. Other Remedies | 78 | |||
SECTION 6.04. Waiver of Past Defaults | 79 | |||
SECTION 6.05. Control by Majority | 79 | |||
SECTION 6.06. Limitation on Suits | 79 | |||
SECTION 6.07. Rights of Holders To Receive Payment | 80 |
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Page | ||||
SECTION 6.08. Collection Suit by Trustee | 80 | |||
SECTION 6.09. Trustee May File Proofs of Claim | 80 | |||
SECTION 6.10. Priorities | 81 | |||
SECTION 6.11. Payment of Interest; Interest Rights Preserved | 81 | |||
SECTION 6.12. Undertaking for Costs | 82 | |||
ARTICLE VII | ||||
TRUSTEE | ||||
SECTION 7.01. Duties of Trustee | 83 | |||
SECTION 7.02. Rights of Trustee | 84 | |||
SECTION 7.03. Individual Rights of Trustee | 86 | |||
SECTION 7.04. Trustee’s Disclaimer | 86 | |||
SECTION 7.05. Notice of Default | 86 | |||
SECTION 7.06. Reports by Trustee to Holders | 87 | |||
SECTION 7.07. Compensation and Indemnity | 87 | |||
SECTION 7.08. Replacement of Trustee | 88 | |||
SECTION 7.09. Successor Trustee by Merger, Etc | 89 | |||
SECTION 7.10. Eligibility; Disqualification | 90 | |||
SECTION 7.11. Preferential Collection of Claims Against Company | 90 | |||
ARTICLE VIII | ||||
SATISFACTION AND DISCHARGE OF INDENTURE | ||||
SECTION 8.01. Legal Defeasance and Covenant Defeasance | 90 | |||
SECTION 8.02. Satisfaction and Discharge | 93 | |||
SECTION 8.03. Survival of Certain Obligations | 94 | |||
SECTION 8.04. Acknowledgment of Discharge by Trustee | 94 | |||
SECTION 8.05. Application of Trust Assets | 95 | |||
SECTION 8.06. Repayment to the Company or Guarantors; Unclaimed Money | 95 | |||
SECTION 8.07. Reinstatement | 96 | |||
ARTICLE IX | ||||
AMENDMENTS, SUPPLEMENTS AND WAIVERS | ||||
SECTION 9.01. Without Consent of Holders | 96 | |||
SECTION 9.02. With Consent of Holders | 97 | |||
SECTION 9.03. Compliance with TIA | 98 | |||
SECTION 9.04. Revocation and Effect of Consents | 98 | |||
SECTION 9.05. Notation on or Exchange of Securities | 99 | |||
SECTION 9.06. Trustee To Sign Amendments, Etc | 99 |
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Page | ||||
ARTICLE X | ||||
GUARANTEE | ||||
SECTION 10.01. Unconditional Guarantee | 100 | |||
SECTION 10.02. Severability | 101 | |||
SECTION 10.03. Release of a Guarantor | 101 | |||
SECTION 10.04. Limitation of a Guarantor’s Liability | 101 | |||
SECTION 10.05. Contribution | 101 | |||
SECTION 10.06. Waiver of Subrogation | 102 | |||
SECTION 10.07. Execution of Subsidiary Guarantees | 102 | |||
SECTION 10.08. Waiver of Stay, Extension or Usury Laws | 103 | |||
ARTICLE XI | ||||
MISCELLANEOUS | ||||
SECTION 11.01. TIA Controls | 103 | |||
SECTION 11.02. Notices | 103 | |||
SECTION 11.03. Communications by Holders with Other Holders | 105 | |||
SECTION 11.04. Certificate and Opinion as to Conditions Precedent | 105 | |||
SECTION 11.05. Statements Required in Certificate or Opinion | 105 | |||
SECTION 11.06. Rules by Trustee, Paying Agent, Registrar | 106 | |||
SECTION 11.07. Legal Holidays | 106 | |||
SECTION 11.08. Governing Law | 106 | |||
SECTION 11.09. No Adverse Interpretation of Other Agreements | 107 | |||
SECTION 11.10. No Recourse Against Others | 107 | |||
SECTION 11.11. Successors | 107 | |||
SECTION 11.12. Duplicate Originals | 107 | |||
SECTION 11.13. Severability | 107 | |||
SECTION 11.14. Table of Contents, Headings, Etc | 107 |
Exhibit A | - | Form of Series A Security | ||
Exhibit B | - | Form of Series B Security | ||
Exhibit C | - | Form of Legend for Global Securities | ||
Exhibit D | - | Transfer Certificate | ||
Exhibit E | - | Transferee Certificate for Institutional Accredited Investors | ||
Exhibit F | - | Transferee Certificate for Regulation S Transfers | ||
Exhibit G | - | Form of Subsidiary Guarantee |
Note: | This Table of Contents shall not, for any purpose, be deemed to be a part of the Indenture. |
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SECTION 8.06. Repayment to the Company or Guarantors;Unclaimed Money. |
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500 North Field Drive
Lake Forest, Illinois 60045
Attention: Chief Financial Officer
Tenneco Inc.
500 North Field Drive
Lake Forest, Illinois 60045
Corporate Trust Services
5555 San Felipe, Suite 1150
Houston, Texas 77056
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Each of the parties hereto hereby irrevocably and unconditionally:
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TENNECO INC. | ||||
By: | /s/ John E. Kunz | |||
Name: | John E. Kunz | |||
Title: | Vice President, Treasurer and Tax | |||
TENNECO AUTOMOTIVE OPERATING COMPANY INC., as Guarantor | ||||
By: | /s/ John E. Kunz | |||
Name: | John E. Kunz | |||
Title: | Vice President, Treasurer and Tax | |||
THE PULLMAN COMPANY, as Guarantor | ||||
By: | /s/ John E. Kunz | |||
Name: | John E. Kunz | |||
Title: | Vice President, Treasurer and Tax | |||
CLEVITE INDUSTRIES INC., as Guarantor | ||||
By: | /s/ John E. Kunz | |||
Name: | John E. Kunz | |||
Title: | Vice President, Treasurer and Tax | |||
TENNECO GLOBAL HOLDINGS INC., as Guarantor | ||||
By: | /s/ John E. Kunz | |||
Name: | John E. Kunz | |||
Title: | Vice President, Treasurer and Tax |
S-1
TMC TEXAS INC., as Guarantor | ||||
By: | /s/ John E. Kunz | |||
Name: | John E. Kunz | |||
Title: | Vice President, Treasurer and Tax | |||
TENNECO INTERNATIONAL HOLDING CORP., as Guarantor | ||||
By: | /s/ John E. Kunz | |||
Name: | John E. Kunz | |||
Title: | Vice President, Treasurer and Tax |
S-2
U.S. BANK NATIONAL ASSOCIATION, as Trustee | ||||
By: | /s/ Steven A. Finklea | |||
Name: | Steven A. Finklea | |||
Title: | Vice President | |||
S-3
A-1
due August 15, 2018
CUSIP No.: | ||
No. [ ] | $[ ] |
A-2
TENNECO INC. | ||||
By: | ||||
Name: | ||||
Title: | ||||
By: | ||||
Name: | ||||
Title: |
A-3
U.S. BANK NATIONAL ASSOCIATION as Trustee | ||||
By: | ||||
Name: | ||||
Title: | ||||
A-4
due August 15, 2018, Series A
A-5
Year | Percentage | |||
2014 | 103.875 | % | ||
2015 | 101.938 | % | ||
2016 and thereafter | 100.000 | % |
A-6
A-7
A-8
A-9
A-10
and irrevocably appoint | ||
Dated: | Signed: | |||
(Sign exactly as name appears on the other side of this Security) | ||||
Signature Guarantee: | ||
Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor reasonably acceptable to the Trustee) |
A-11
Date: �� | Your Signature: | |||
(Sign exactly as your name appears on the other side of this Security) | ||||
Signature Guarantee: | ||
Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor reasonably acceptable to the Trustee) |
A-12
due August 15, 2010, Series B
CUSIP No.: [ ] | ||
No. [ ] | $[ ] |
B-1
TENNECO INC. | ||||
By: | ||||
Name: | ||||
Title: | ||||
By: | ||||
Name: | ||||
Title: |
B-2
U.S. BANK NATIONAL ASSOCIATION as Trustee | ||||
By: | ||||
Name: | ||||
Title: | ||||
B-3
Due August 15, 2018, Series B
B-4
Year | Percentage | |||
2014 | 103.875 | % | ||
2015 | 101.938 | % | ||
2016 and thereafter | 100.000 | % |
B-5
B-6
B-7
B-8
B-9
The agent may substitute another to act for him.
Dated: | Signed: | |||||||
(Sign exactly as name appears on the other side of this Security) |
Signature Guarantee: | ||
Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor program reasonably acceptable to the Trustee) |
B-10
Date: | Your Signature: | |||||||
(Sign exactly as your name appears on the other side of this Security) |
Signature Guarantee: | ||
Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor program reasonably acceptable to the Trustee) |
B-11
C-1
OR REGISTRATION OF TRANSFER OF SECURITIES
Corporate Trust Services
5555 San Felipe, Suite 1150
Houston, Texas 77056
Re: | 73/4% Senior Notes due 2018, Series A, and 73/4% Senior Notes due 2018, Series B (the “Securities”), of Tenneco Inc. |
* | Check applicable box. |
D-1
[INSERT NAME OF TRANSFEROR] | ||||
By: | ||||
[Authorized Signatory] | ||||
D-2
Delivered in Connection with
Transfers to Institutional Accredited Investors
Corporate Trust Services
5555 San Felipe, Suite 1150
Houston, Texas 77056
Re: | Tenneco Inc. (the “Company”) Indenture (the “Indenture”) relating to 73/4% Senior Notes due 2018, Series A |
E-1
E-2
Very truly yours, [Name of Transferee] | ||||
By: | ||||
[Authorized Signatory] |
E-3
Delivered in Connection
with Regulation S Transfers
Corporate Trust Services
5555 San Felipe, Suite 1150
Houston, Texas 77056
Re: | Tenneco Inc. (the “Company”) 73/4% Senior Notes due 2018, Series A (the “Securities”) |
F-1
Very truly yours, [Name of Transferor] | ||||
By: | ||||
[Authorized Signatory] | ||||
F-2
[GUARANTOR] | ||||
By: | ||||
Name: | ||||
Title: | ||||
By: | ||||
Name: | ||||
Title: | ||||
G-1