ATLAS ENERGY RESOURCES, LLC
as Issuer,
any Subsidiary Guarantors party hereto,
and
[___],
as Trustee
INDENTURE
Dated as of ___
Debt Securities
Exhibit 4.3 - 1
TIA Section | Indenture Section | |||||
310 | (a) | 7.10 | ||||
(b) | 7.10 | |||||
(c) | N.A. | |||||
311 | (a) | 7.11 | ||||
(b) | 7.11 | |||||
(c) | N.A. | |||||
312 | (a) | 5.01 | ||||
(b) | 5.02 | |||||
(c) | 5.02 | |||||
313 | (a) | 5.03 | ||||
(b) | 5.03 | |||||
(c) | 13.03 | |||||
(d) | 5.03 | |||||
314 | (a) | 4.05 | ||||
(b) | N.A. | |||||
(c)(1) | 13.05 | |||||
(c)(2) | 13.05 | |||||
(c)(3) | N.A. | |||||
(d) | N.A. | |||||
(e) | 13.05 | |||||
(f) | N.A. | |||||
315 | (a) | 7.01 | ||||
(b) | 6.07 & 13.03 | |||||
(c) | 7.01 | |||||
(d) | 7.01 | |||||
(e) | 6.08 | |||||
316 | (a) (last sentence) | 1.01 | ||||
(a)(1)(A) | 6.06 | |||||
(a)(1)(B) | 6.06 | |||||
(a)(2) | 9.01 | (d) | ||||
(b) | 6.04 | |||||
(c) | 5.04 | |||||
317 | (a)(1) | 6.02 | ||||
(a)(2) | 6.02 | |||||
(b) | 4.04 | |||||
318 | (a) | 13.07 |
Exhibit 4.3 - 2
Page | ||||
ARTICLE I DEFINITIONS AND INCORPORATION BY REFERENCE | ||||
Section 1.01. Definitions | 1 | |||
Section 1.02. Other Definitions | 6 | |||
Section 1.03. Incorporation by Reference of Trust Indenture Act | 7 | |||
Section 1.04. Rules of Construction | 7 | |||
ARTICLE II DEBT SECURITIES | ||||
Section 2.01. Forms Generally | 7 | |||
Section 2.02. Form of Trustee’s Certificate of Authentication | 8 | |||
Section 2.03. Principal Amount; Issuable in Series | 8 | |||
Section 2.04. Execution of Debt Securities | 10 | |||
Section 2.05. Authentication and Delivery of Debt Securities | 11 | |||
Section 2.06. Denomination of Debt Securities | 12 | |||
Section 2.07. Registration of Transfer and Exchange | 13 | |||
Section 2.08. Temporary Debt Securities | 14 | |||
Section 2.09. Mutilated, Destroyed, Lost or Stolen Debt Securities | 15 | |||
Section 2.10. Cancellation of Surrendered Debt Securities | 15 | |||
Section 2.11. Provisions of the Indenture and Debt Securities for the Sole Benefit of the Parties and the Holders | 16 | |||
Section 2.12. Payment of Interest; Interest Rights Preserved | 16 | |||
Section 2.13. Securities Denominated in Dollars | 16 | |||
Section 2.14. Wire Transfers | 16 | |||
Section 2.15. Securities Issuable in the Form of a Global Security | 16 | |||
Section 2.16. Medium Term Securities | 19 | |||
Section 2.17. Defaulted Interest | 20 | |||
Section 2.18. CUSIP Numbers | 20 | |||
ARTICLE III REDEMPTION OF DEBT SECURITIES | ||||
Section 3.01. Applicability of Article | 21 | |||
Section 3.02. Notice of Redemption; Selection of Debt Securities | 21 | |||
Section 3.03. Payment of Debt Securities Called for Redemption | 22 | |||
Section 3.04. Mandatory and Optional Sinking Funds | 23 | |||
Section 3.05. Redemption of Debt Securities for Sinking Fund | 23 | |||
ARTICLE IV PARTICULAR COVENANTS OF THE COMPANY | ||||
Section 4.01. Payment of Principal of, and Premium, If Any, and Interest on, Debt Securities | 25 | |||
Section 4.02. Maintenance of Offices or Agencies for Registration of Transfer, Exchange and Payment of Debt Securities | 25 | |||
Section 4.03. Appointment to Fill a Vacancy in the Office of Trustee | 26 | |||
Section 4.04. Duties of Paying Agents, etc. | 26 | |||
Section 4.05. SEC Reports; Financial Statements | 27 | |||
Section 4.06. Compliance Certificate | 27 | |||
Section 4.07. Further Instruments and Acts | 28 | |||
Section 4.08. Existence | 28 |
Exhibit 4.3 - 3
Page | ||||
Section 4.09. Maintenance of Properties | 28 | |||
Section 4.10. Payment of Taxes and Other Claims | 28 | |||
Section 4.11. Waiver of Certain Covenants | 28 | |||
ARTICLE V HOLDERS’ LISTS AND REPORTS BY THE TRUSTEE | ||||
Section 5.01. Company to Furnish Trustee Information as to Names and Addresses of Holders; Preservation of Information | 29 | |||
Section 5.02. Communications to Holders | 29 | |||
Section 5.03. Reports by Trustee | 29 | |||
Section 5.04. Record Dates for Action by Holders | 30 | |||
ARTICLE VI REMEDIES OF THE TRUSTEE AND HOLDERS IN EVENT OF DEFAULT | ||||
Section 6.01. Events of Default | 30 | |||
Section 6.02. Collection of Debt by Trustee, etc. | 32 | |||
Section 6.03. Application of Moneys Collected by Trustee | 33 | |||
Section 6.04. Limitation on Suits by Holders | 34 | |||
Section 6.05. Remedies Cumulative; Delay or Omission in Exercise of Rights Not a Waiver of Default | 35 | |||
Section 6.06. Rights of Holders of Majority in Principal Amount of Debt Securities to Direct Trustee and to Waive Default | 35 | |||
Section 6.07. Trustee to Give Notice of Defaults Known to It, but May Withhold Such Notice in Certain Circumstances | 36 | |||
Section 6.08. Requirement of an Undertaking to Pay Costs in Certain Suits under the Indenture or Against the Trustee | 36 | |||
ARTICLE VII CONCERNING THE TRUSTEE | ||||
Section 7.01. Certain Duties and Responsibilities | 36 | |||
Section 7.02. Certain Rights of Trustee | 38 | |||
Section 7.03. Trustee Not Liable for Recitals in Indenture or in Debt Securities | 39 | |||
Section 7.04. Trustee, Paying Agent or Registrar May Own Debt Securities | 39 | |||
Section 7.05. Moneys Received by Trustee to Be Held in Trust | 39 | |||
Section 7.06. Compensation and Reimbursement | 39 | |||
Section 7.07. Right of Trustee to Rely on an Officers’ Certificate Where No Other Evidence Specifically Prescribed | 40 | |||
Section 7.08. Separate Trustee; Replacement of Trustee | 40 | |||
Section 7.09. Successor Trustee by Merger | 41 | |||
Section 7.10. Eligibility; Disqualification | 42 | |||
Section 7.11. Preferential Collection of Claims Against Company | 42 | |||
Section 7.12. Compliance with Tax Laws | 42 | |||
ARTICLE VIII CONCERNING THE HOLDERS | ||||
Section 8.01. Evidence of Action by Holders | 42 | |||
Section 8.02. Proof of Execution of Instruments and of Holding of Debt Securities | 42 | |||
Section 8.03. Who May Be Deemed Owner of Debt Securities | 43 | |||
Section 8.04. Instruments Executed by Holders Bind Future Holders | 43 | |||
ARTICLE IX SUPPLEMENTAL INDENTURES |
Exhibit 4.3 - 4
Page | ||||
Section 9.01. Purposes for Which Supplemental Indenture May Be Entered into Without Consent of Holders | 44 | |||
Section 9.02. Modification of Indenture with Consent of Holders of Debt Securities | 46 | |||
Section 9.03. Effect of Supplemental Indentures | 47 | |||
Section 9.04. Debt Securities May Bear Notation of Changes by Supplemental Indentures | 47 | |||
ARTICLE X CONSOLIDATION, MERGER, SALE OR CONVEYANCE | ||||
Section 10.01. Consolidations and Mergers of the Company | 47 | |||
Section 10.02. Rights and Duties of Successor Company | 48 | |||
ARTICLE XI SATISFACTION AND DISCHARGE OF INDENTURE; DEFEASANCE; UNCLAIMED MONEYS | ||||
Section 11.01. Applicability of Article | 49 | |||
Section 11.02. Satisfaction and Discharge of Indenture; Defeasance | 49 | |||
Section 11.03. Conditions of Defeasance | 50 | |||
Section 11.04. Application of Trust Money | 51 | |||
Section 11.05. Repayment to Company | 51 | |||
Section 11.06. Indemnity for U.S. Government Obligations | 51 | |||
Section 11.07. Reinstatement | 51 | |||
ARTICLE XII SUBORDINATION OF DEBT SECURITIES AND GUARANTEE | ||||
Section 12.01. Applicability of Article; Agreement To Subordinate | 52 | |||
Section 12.02. Liquidation, Dissolution, Bankruptcy | 52 | |||
Section 12.03. Default on Senior Indebtedness | 52 | |||
Section 12.04. Acceleration of Payment of Debt Securities | 53 | |||
Section 12.05. When Distribution Must Be Paid Over | 53 | |||
Section 12.06. Subrogation | 54 | |||
Section 12.07. Relative Rights | 54 | |||
Section 12.08. Subordination May Not Be Impaired by Company | 54 | |||
Section 12.09. Rights of Trustee and Paying Agent | 54 | |||
Section 12.10. Distribution or Notice to Representative | 55 | |||
Section 12.11. Article XII Not to Prevent Defaults or Limit Right to Accelerate | 55 | |||
Section 12.12. Trust Moneys Not Subordinated | 55 | |||
Section 12.13. Trustee Entitled to Rely | 55 | |||
Section 12.14. Trustee to Effectuate Subordination | 55 | |||
Section 12.15. Trustee Not Fiduciary for Holders of Senior Indebtedness | 56 | |||
Section 12.16. Reliance by Holders of Senior Indebtedness on Subordination Provisions | 56 | |||
ARTICLE XIII MISCELLANEOUS PROVISIONS | ||||
Section 13.01. Successors and Assigns of Company Bound by Indenture | 56 | |||
Section 13.02. Acts of Board, Committee or Officer of Successor Company Valid | 56 | |||
Section 13.03. Required Notices or Demands | 56 | |||
Section 13.04. Indenture and Debt Securities to Be Construed in Accordance with the Laws of the State of New York | 57 | |||
Section 13.05. Officers’ Certificate and Opinion of Counsel to Be Furnished upon Application or Demand by the Company | 57 | |||
Section 13.06. Payments Due on Legal Holidays | 58 | |||
Section 13.07. Provisions Required by TIA to Control | 58 |
Exhibit 4.3 - 5
Page | ||||
Section 13.08. Computation of Interest on Debt Securities | 58 | |||
Section 13.09. Rules by Trustee, Paying Agent and Registrar | 58 | |||
Section 13.10. No Recourse Against Others | 58 | |||
Section 13.11. Severability | 59 | |||
Section 13.12. Effect of Headings | 59 | |||
Section 13.13. Indenture May Be Executed in Counterparts | 59 | |||
ARTICLE XIV GUARANTEE | ||||
Section 14.01. Unconditional Guarantee | 59 | |||
Section 14.02. Execution and Delivery of Guarantee | 61 | |||
Section 14.03. Limitation on Subsidiary Guarantors’ Liability | 61 | |||
Section 14.04. Release of Subsidiary Guarantors from Guarantee | 62 | |||
Section 14.05. Subsidiary Guarantor Contribution | 62 | |||
Notation of Guarantee Annex A |
Exhibit 4.3 - 6
DEFINITIONS AND INCORPORATION BY REFERENCE
Exhibit 4.3 - 7
Exhibit 4.3 - 8
(a) | Debt Securities of that series theretofore canceled by the Trustee or delivered to the Trustee for cancellation; | ||
(b) | Debt Securities of that series for whose payment or redemption money in the necessary amount has been theretofore deposited with the Trustee or any paying agent (other than the Company) in trust or set aside and segregated in trust by the Company (if the Company shall act as its own paying agent) for the Holders of such Debt Securities; provided, that, if such Debt Securities are to be redeemed, notice of such redemption has been duly given pursuant to this Indenture or provision therefor satisfactory to the Trustee has been made; and | ||
(c) | Debt Securities of that series which have been paid pursuant to Section 2.09 or in exchange for or in lieu of which other Debt Securities have been authenticated and delivered pursuant to this Indenture, other than any such Debt Securities in respect of which there shall have been presented to the Trustee proof satisfactory to it that such Debt Securities are held by a bona fide purchaser in whose hands such Debt Securities are valid obligations of the Company; |
Exhibit 4.3 - 9
Exhibit 4.3 - 10
Term | Defined in Section | |||
“Debt Security Register” | 2.07 | |||
“Defaulted Interest” | 2.17 | |||
“Event of Default” | 6.01 | |||
“Funding Guarantor” | 14.05 | |||
“Guarantee” | 14.01 | |||
“Place of Payment” | 2.03 | |||
“Registrar” | 2.07 | |||
“Subordinated Debt Securities” | 12.01 | |||
“Successor Company” | 10.01 |
Exhibit 4.3 - 11
DEBT SECURITIES
Exhibit 4.3 - 12
[ ; ], | ||||
As Trustee | ||||
By: | ||||
Authorized Signatory |
Exhibit 4.3 - 13
Exhibit 4.3 - 14
Exhibit 4.3 - 15
Exhibit 4.3 - 16
Exhibit 4.3 - 17
Exhibit 4.3 - 18
Exhibit 4.3 - 19
Exhibit 4.3 - 20
Exhibit 4.3 - 21
REDEMPTION OF DEBT SECURITIES
Exhibit 4.3 - 22
Exhibit 4.3 - 23
Exhibit 4.3 - 24
Exhibit 4.3 - 25
PARTICULAR COVENANTS OF THE COMPANY
Exhibit 4.3 - 26
Exhibit 4.3 - 27
Exhibit 4.3 - 28
HOLDERS’ LISTS AND REPORTS BY THE TRUSTEE
Exhibit 4.3 - 29
REMEDIES OF THE TRUSTEE AND HOLDERS IN EVENT OF DEFAULT
Exhibit 4.3 - 30
Exhibit 4.3 - 31
Exhibit 4.3 - 32
Exhibit 4.3 - 33
Exhibit 4.3 - 34
CONCERNING THE TRUSTEE
Exhibit 4.3 - 35
Exhibit 4.3 - 36
Exhibit 4.3 - 37
Exhibit 4.3 - 38
CONCERNING THE HOLDERS
Exhibit 4.3 - 39
SUPPLEMENTAL INDENTURES
Exhibit 4.3 - 40
Exhibit 4.3 - 41
Exhibit 4.3 - 42
CONSOLIDATION, MERGER, SALE OR CONVEYANCE
Exhibit 4.3 - 43
SATISFACTION AND DISCHARGE OF
INDENTURE; DEFEASANCE; UNCLAIMED MONEYS
Exhibit 4.3 - 44
Exhibit 4.3 - 45
SUBORDINATION OF DEBT SECURITIES AND GUARANTEE
Exhibit 4.3 - 46
Exhibit 4.3 - 47
Exhibit 4.3 - 48
Exhibit 4.3 - 49
MISCELLANEOUS PROVISIONS
Westpointe Corporate Center One
1550 Coraopolis Heights Road
Moon Township, PA 15108
Attention: Chief Financial Officer
Exhibit 4.3 - 50
Exhibit 4.3 - 51
GUARANTEE
Exhibit 4.3 - 52
Exhibit 4.3 - 53
Exhibit 4.3 - 54
Exhibit 4.3 - 55
ATLAS ENERGY RESOURCES, LLC | ||||||
By: | ||||||
[ ] | ||||||
Senior Vice President and Chief Financial Officer | ||||||
[NAME OF SUBSIDIARY GUARANTOR(S)] | ||||||
By: | ||||||
Name: | ||||||
Title: | ||||||
[ ], as Trustee | ||||||
By: | ||||||
Name: | ||||||
Title: | ||||||
Exhibit 4.3 - 56
[NAME OF SUBSIDIARY GUARANTOR(S)] | ||||||
By: | ||||||
Name: | ||||||
Title: | ||||||
Exhibit 4.3 - 57