Exhibit 4.2
Execution Version
SANCHEZ ENERGY CORPORATION
AND
THE GUARANTORS NAMED HEREIN
6.125% SENIOR NOTES DUE 2023
SECOND SUPPLEMENTAL INDENTURE
DATED AS OF APRIL 3, 2018
DELAWARE TRUST COMPANY,
AS SUCCESSOR TRUSTEE
This SECOND SUPPLEMENTAL INDENTURE, dated as of April 3, 2018 (this “Second Supplemental Indenture”), is among Sanchez Energy Corporation, a Delaware corporation (the “Company”), SN Payables, LLC, a Delaware limited liability company (the “Guaranteeing Subsidiary”), which is a subsidiary of the Company, each of the existing Guarantors (as defined in the Indenture referred to below) and Delaware Trust Company, a Delaware state chartered trust company (as successor trustee to U.S. Bank National Association), as Trustee.
RECITALS
WHEREAS, the Company and the Trustee are party to that certain Indenture, dated as of June 27, 2014, as supplemented by that certain first supplemental indenture, dated as of March 7, 2017 (the “Indenture”), pursuant to which the Company has issued $850,000,000 in aggregate principal amount of 6.125% Senior Notes due 2023 (the “Notes”);
WHEREAS, the Indenture provides that under certain circumstances the Guaranteeing Subsidiary shall execute and deliver to the Trustee a supplemental indenture pursuant to which the Guaranteeing Subsidiary shall become a Guarantor (as defined in the Indenture);
WHEREAS, Section 9.01(g) of the Indenture provides that the Company, the Guarantors and the Trustee may amend or supplement the Indenture in order to add any additional Guarantor with respect to the Notes, without the consent of the Holders of the Notes; and
WHEREAS, all acts and things prescribed by the Indenture, by law and by the Articles of Incorporation and the Bylaws (or comparable constituent documents) of the Company, of the Guarantors and of the Trustee necessary to make this Second Supplemental Indenture a valid instrument legally binding on the Company, the Guarantors and the Trustee, in accordance with its terms, have been duly done and performed.
NOW, THEREFORE, to comply with the provisions of the Indenture and in consideration of the above premises, the Company, the Guaranteeing Subsidiary, the other Guarantors and the Trustee covenant and agree for the equal and proportionate benefit of the respective Holders of the Notes as follows:
Section 1. Capitalized Terms. Capitalized terms used herein without definition shall have the meanings ascribed to them in the Indenture. |
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rights and be subject to all of the obligations and agreements of a Guarantor under the Indenture. The Guaranteeing Subsidiary agrees to be bound by all of the provisions of the Indenture applicable to a Guarantor and to perform all of the obligations and agreements of a Guarantor under the Indenture.
Section 7. Governing Law. THIS SECOND SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. |
[Signatures on following pages]
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IN WITNESS WHEREOF, the parties hereto have caused this Second Supplemental Indenture to be duly executed, all as of the date first written above.
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| SANCHEZ ENERGY CORPORATION | |||
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| By: | /s/ Howard J. Thill | ||
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| Name: | Howard J. Thill | |
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| Title: | Executive Vice President and Chief Financial Officer | |
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| GUARANTEEING SUBSIDIARY: | |||
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| SN PAYABLES, LLC | |||
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| By: | /s/ Howard J. Thill | ||
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| Name: | Howard J. Thill | |
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| Title: | Executive Vice President and Chief Financial Officer |
[Second Supplemental Indenture Signature Page]
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| EXISTING GUARANTORS: | |||
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| SN PALMETTO, LLC (formerly known as SEP Holdings III, LLC) | |||
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| By: | /s/ Howard J. Thill | ||
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| Name: | Howard J. Thill | |
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| Title: | Executive Vice President and Chief Financial Officer | |
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| SN COTULLA ASSETS, LLC | |||
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| By: | /s/ Howard J. Thill | ||
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| Name: | Howard J. Thill | |
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| Title: | Executive Vice President and Chief Financial Officer | |
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| SN MARQUIS LLC | |||
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| By: | /s/ Howard J. Thill | ||
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| Name: | Howard J. Thill | |
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| Title: | Executive Vice President and Chief Financial Officer | |
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| SN OPERATING, LLC | |||
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| By: | /s/ Howard J. Thill | ||
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| Name: | Howard J. Thill | |
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| Title: | Executive Vice President and Chief Financial Officer | |
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| SN TMS, LLC | |||
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| By: | /s/ Howard J. Thill | ||
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| Name: | Howard J. Thill | |
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| Title: | Executive Vice President and Chief Financial Officer |
[Second Supplemental Indenture Signature Page]
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| SN CATARINA, LLC | ||
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| By: | /s/ Howard J. Thill | |
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| Name: | Howard J. Thill |
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| Title: | Executive Vice President and Chief Financial Officer |
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| SN EF MAVERICK, LLC | ||
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| By: | /s/ Howard J. Thill | |
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| Name: | Howard J. Thill |
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| Title: | Executive Vice President and Chief Financial Officer |
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| ROCKIN L RANCH COMPANY, LLC | ||
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| By: | /s/ Howard J. Thill | |
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| Name: | Howard J. Thill |
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| Title: | Executive Vice President and Chief Financial Officer |
[Second Supplemental Indenture Signature Page]
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| TRUSTEE: | ||
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| DELAWARE TRUST COMPANY, as Successor Trustee | ||
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| By: | /s/ Alan R. Halpern | |
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| Name: | Alan R. Halpern |
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| Title: | Vice President |
[Second Supplemental Indenture Signature Page]