as Issuer,
THE PULLMAN COMPANY
CLEVITE INDUSTRIES INC.
TENNECO GLOBAL HOLDINGS INC.
TMC TEXAS INC.
TENNECO INTERNATIONAL HOLDING CORP.
as Guarantors,
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. |
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ARTICLE I DEFINITIONS AND INCORPORATION BY REFERENCE | ||||
SECTION 1.01. Definitions | 1 | |||
SECTION 1.02. Incorporation by Reference of TIA | 33 | |||
SECTION 1.03. Rules of Construction | 34 | |||
ARTICLE II THE SECURITIES | ||||
SECTION 2.01. Form and Dating | 34 | |||
SECTION 2.02. Execution and Authentication | 35 | |||
SECTION 2.03. Registrar and Paying Agent | 36 | |||
SECTION 2.04. Paying Agent To Hold Assets in Trust | 37 | |||
SECTION 2.05. Securityholder Lists | 37 | |||
SECTION 2.06. Transfer and Exchange | 37 | |||
SECTION 2.07. Replacement Securities | 38 | |||
SECTION 2.08. Outstanding Securities | 38 | |||
SECTION 2.09. Treasury Securities | 39 | |||
SECTION 2.10. Temporary Securities | 39 | |||
SECTION 2.11. Cancellation | 39 | |||
SECTION 2.12. Defaulted Interest | 40 | |||
SECTION 2.13. CUSIP Number | 40 | |||
SECTION 2.14. Deposit of Moneys | 40 | |||
SECTION 2.15. Book-Entry Provisions for Global Securities | 40 | |||
SECTION 2.16. Registration of Transfers and Exchanges | 41 | |||
ARTICLE III REDEMPTION | ||||
SECTION 3.01. Notices to Trustee | 45 | |||
SECTION 3.02. Selection of Securities To Be Redeemed | 46 | |||
SECTION 3.03. Notice of Redemption | 46 | |||
SECTION 3.04. Effect of Notice of Redemption | 47 | |||
SECTION 3.05. Deposit of Redemption Price | 47 | |||
SECTION 3.06. Securities Redeemed in Part | 48 |
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ARTICLE IV COVENANTS | ||||
SECTION 4.01. Payment of Securities | 48 | |||
SECTION 4.02. Maintenance of Office or Agency | 48 | |||
SECTION 4.03. Limitation on Incurrence of Additional Indebtedness | 48 | |||
SECTION 4.04. Limitation on Restricted Payments | 49 | |||
SECTION 4.05. Corporate Existence | 52 | |||
SECTION 4.06. Payment of Taxes and Other Claims | 53 | |||
SECTION 4.07. Maintenance of Properties and Insurance | 53 | |||
SECTION 4.08. Compliance Certificate; Notice of Default | 54 | |||
SECTION 4.09. Compliance with Laws | 54 | |||
SECTION 4.10. Reports to Holders | 55 | |||
SECTION 4.11. Waiver of Stay, Extension or Usury Laws | 56 | |||
SECTION 4.12. Limitation on Asset Sales | 56 | |||
SECTION 4.13. Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries | 59 | |||
SECTION 4.14. Limitation on Issuances of Capital Stock of Restricted Subsidiaries | 61 | |||
SECTION 4.15. Limitation on Liens | 61 | |||
SECTION 4.16. [Intentionally Omitted] | 62 | |||
SECTION 4.17. Limitation on Transactions with Affiliates | 62 | |||
SECTION 4.18. Issuance of Subsidiary Guarantees | 63 | |||
SECTION 4.19. Payments for Consent | 65 | |||
SECTION 4.20. Limitation on Designations of Unrestricted Subsidiaries | 65 | |||
SECTION 4.21. Change of Control | 66 | |||
ARTICLE V SUCCESSOR CORPORATION | ||||
SECTION 5.01. Merger, Consolidation and Sale of Assets | 68 | |||
SECTION 5.02. Successor Corporation Substituted | 70 | |||
ARTICLE VI DEFAULT AND REMEDIES | ||||
SECTION 6.01. Events of Default | 71 | |||
SECTION 6.02. Acceleration | 72 | |||
SECTION 6.03. Other Remedies | 73 | |||
SECTION 6.04. Waiver of Past Defaults | 74 | |||
SECTION 6.05. Control by Majority | 74 | |||
SECTION 6.06. Limitation on Suits | 74 | |||
SECTION 6.07. Rights of Holders To Receive Payment | 75 | |||
SECTION 6.08. Collection Suit by Trustee | 75 |
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SECTION 6.09. Trustee May File Proofs of Claim | 75 | |||
SECTION 6.10. Priorities | 76 | |||
SECTION 6.11. Payment of Interest; Interest Rights Preserved | 76 | |||
SECTION 6.12. Undertaking for Costs | 77 | |||
ARTICLE VII TRUSTEE | ||||
SECTION 7.01. Duties of Trustee | 78 | |||
SECTION 7.02. Rights of Trustee | 79 | |||
SECTION 7.03. Individual Rights of Trustee | 80 | |||
SECTION 7.04. Trustee’s Disclaimer | 81 | |||
SECTION 7.05. Notice of Default | 81 | |||
SECTION 7.06. Reports by Trustee to Holders | 81 | |||
SECTION 7.07. Compensation and Indemnity | 82 | |||
SECTION 7.08. Replacement of Trustee | 83 | |||
SECTION 7.09. Successor Trustee by Merger, Etc | 84 | |||
SECTION 7.10. Eligibility; Disqualification | 84 | |||
SECTION 7.11. Preferential Collection of Claims Against Company | 84 | |||
ARTICLE VIII SATISFACTION AND DISCHARGE OF INDENTURE | ||||
SECTION 8.01. Legal Defeasance and Covenant Defeasance | 85 | |||
SECTION 8.02. Satisfaction and Discharge | 88 | |||
SECTION 8.03. Survival of Certain Obligations | 89 | |||
SECTION 8.04. Acknowledgment of Discharge by Trustee | 89 | |||
SECTION 8.05. Application of Trust Assets | 89 | |||
SECTION 8.06. Repayment to the Company or Guarantors; Unclaimed Money | 90 | |||
SECTION 8.07. Reinstatement | 90 | |||
ARTICLE IX AMENDMENTS, SUPPLEMENTS AND WAIVERS | ||||
SECTION 9.01. Without Consent of Holders | 91 | |||
SECTION 9.02. With Consent of Holders | 92 | |||
SECTION 9.03. Compliance with TIA | 93 | |||
SECTION 9.04. Revocation and Effect of Consents | 93 | |||
SECTION 9.05. Notation on or Exchange of Securities | 94 | |||
SECTION 9.06. Trustee To Sign Amendments, Etc | 94 |
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ARTICLE X GUARANTEE | ||||
SECTION 10.01. Unconditional Guarantee | 94 | |||
SECTION 10.02. Severability | 95 | |||
SECTION 10.03. Release of a Guarantor | 96 | |||
SECTION 10.04. Limitation of a Guarantor’s Liability | 96 | |||
SECTION 10.05. Contribution | 96 | |||
SECTION 10.06. Waiver of Subrogation | 97 | |||
SECTION 10.07. Execution of Subsidiary Guarantees | 97 | |||
SECTION 10.08. Waiver of Stay, Extension or Usury Laws | 98 | |||
ARTICLE XI MISCELLANEOUS | ||||
SECTION 11.01. TIA Controls | 98 | |||
SECTION 11.02. Notices | 98 | |||
SECTION 11.03. Communications by Holders with Other Holders | 100 | |||
SECTION 11.04. Certificate and Opinion as to Conditions Precedent | 100 | |||
SECTION 11.05. Statements Required in Certificate or Opinion | 100 | |||
SECTION 11.06. Rules by Trustee, Paying Agent, Registrar | 101 | |||
SECTION 11.07. Legal Holidays | 101 | |||
SECTION 11.08. Governing Law | 101 | |||
SECTION 11.09. No Adverse Interpretation of Other Agreements | 102 | |||
SECTION 11.10. No Recourse Against Others | 102 | |||
SECTION 11.11. Successors | 102 | |||
SECTION 11.12. Duplicate Originals | 102 | |||
SECTION 11.13. Severability | 102 | |||
SECTION 11.14. Table of Contents, Headings, Etc | 102 |
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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500 North Field Drive
Lake Forest, Illinois 60045
Attention: Kenneth R. Trammell
-99-
Chief Financial Officer
Senior Vice President and
General Counsel
Tenneco Inc.
500 North Field Drive
Lake Forest, Illinois 60045
230 W. Monroe Street, Suite 2900
Chicago, IL 60606
-100-
-101-
-102-
-103-
TENNECO INC. | ||||
By: | ||||
Name: | ||||
Title: | ||||
TENNECO AUTOMOTIVE OPERATING COMPANY INC., as Guarantor | ||||
By: | ||||
Name: | ||||
Title: | ||||
THE PULLMAN COMPANY, as Guarantor | ||||
By: | ||||
�� | Name: | |||
Title: | ||||
CLEVITE INDUSTRIES INC., as Guarantor | ||||
By: | ||||
Name: | ||||
Title: | ||||
TENNECO GLOBAL HOLDINGS INC., as Guarantor | ||||
By: | ||||
Name: | ||||
Title: | ||||
TMC TEXAS INC., as Guarantor | ||||
By: | ||||
Name: | ||||
Title: | ||||
TENNECO INTERNATIONAL HOLDING CORP., as Guarantor | ||||
By: | ||||
Name: | ||||
Title: | ||||
WELLS FARGO BANK, N.A., as Trustee | ||||
By: | ||||
Name: | Gregory S. Clarke | |||
Title: | Vice President | |||
A-1
A-2
due November 15, 2015
CUSIP No.: | ||
No. [ ] | $[ ] |
A-3
TENNECO INC. | ||||
By: | ||||
Name: | ||||
Title: | ||||
By: | ||||
Name: | ||||
Title: | ||||
WELLS FARGO BANK, N.A. as Trustee | ||||
By: | ||||
Name: | Gregory S. Clarke | |||
Title: | Vice President |
A-5
due November 15, 2015, Series A
Year | Percentage | |||
2011 | 104.063 | % | ||
2012 | 102.031 | % | ||
2013 and thereafter | 100.000 | % |
A-7
A-8
A-9
A-10
A-11
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-12
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-13
due November 15, 2015, Series B
CUSIP No.: [ ] | ||
No. [ ] | $[ ] |
B-1
TENNECO INC. | ||||
By: | ||||
Name: | ||||
Title: | ||||
By: | ||||
Name: | ||||
Title: |
B-2
WELLS FARGO BANK, N.A., as Trustee | ||||
By: | ||||
Name: | Gregory S. Clarke | |||
Title: | Vice President |
B-3
Due November 15, 2015, Series B
B-4
Year | Percentage | |||
2011 | 104.063 | % | ||
2012 | 102.031 | % | ||
2013 and thereafter | 100.000 | % |
B-5
B-6
B-7
B-8
B-9
and irrevocably appoint | ||
Dated: | Signed: | |||
(Sign exactly as name appears on the other side of this Security) |
Signature Guarantee: |
B-10
Date: | Your Signature: | |||||
(Sign exactly as your name appears on the other side of this Security) |
Signature Guarantee: |
B-11
C-1
OR REGISTRATION OF TRANSFER OF SECURITIES
Re: | 81/8% Senior Notes due 2015, Series A, and 81/8% Senior Notes due 2015, 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
230 W. Monroe Street, Suite 2900
Chicago, IL 60606
Re: | Tenneco Inc. (the “Company”) Indenture (the “Indenture”) relating to 81/8% Senior Notes due 2015, Series A |
E-1
E-2
Very truly yours, [Name of Transferee] | ||||
By: | ||||
[Authorized Signatory] | ||||
E-3
Delivered in Connection
with Regulation S Transfers
230 W. Monroe Street, Suite 2900
Chicago, IL 60606
Attention: Corporate Trust Services
Re: | Tenneco Inc. (the “Company”) 81/8% Senior Notes due 2015, Series A (the “Securities”) |
F-1
Very truly yours, [Name of Transferor] | ||||
By: | ||||
[Authorized Signatory] | ||||
F-2
G-1