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EXHIBIT 4.4
FIRST SUPPLEMENTAL INDENTURE
THIS FIRST SUPPLEMENTAL INDENTURE (this "SUPPLEMENTAL INDENTURE"), dated as
of April 26, 1999, by and between FACILICOM INTERNATIONAL, INC., a Delaware
corporation (the "COMPANY"), as issuer, and STATE STREET BANK AND TRUST COMPANY,
as trustee (the "TRUSTEE"), to the Indenture (the "INDENTURE"), dated as of
January 28, 1998, between the Company and the Trustee, under which the Company's
10 1/2% Senior Notes due 2008 and 10 1/2% Series B Senior Notes due 2008
(collectively, the "NOTES") are outstanding. Capitalized terms utilized and not
otherwise defined herein shall have the respective meanings assigned to those
terms in the Indenture.
WHEREAS, the Indenture contains an incorrect reference at subpart (xxi) of
the definition of "Permitted Liens" in that it refers to "Liens securing
Indebtedness under Credit Facilities incurred in compliance with clause (iv) of
paragraph (b) of Section 1011 whereas "Liens securing Indebtedness under Credit
Facilities" are described in clause (iii) of paragraph (b) of said Section 10ll;
and
WHEREAS, clause (iv) of paragraph (b) of Section 1011 references
"Telecommunications Assets;" and
WHEREAS, it was the intention of the Board of Directors of the Company, as
confirmed by Lehman Brothers Inc., the Representative for the Initial Purchasers
of the Notes secured by the Indenture, that the reference in said subpart (xxi)
should be both to clause (iii) and to clause (iv) of paragraph (b) of Section
1011 and it is the desire of the Board of Directors to correct the incorrect
reference accordingly; and
WHEREAS, in accordance with the terms of Section 901 of Article Nine of the
Indenture, the Company, when authorized by a Board Resolution, and the Trustee
may, without the consent of any Holders, enter into a supplemental indenture to
cure any ambiguity, provided that such action does not adversely affect the
interests of the Holders of the Notes in any material respect; and
WHEREAS, the Board of Directors of the Company has determined that this
Supplemental Indenture shall not adversely affect the interests of the Holders
of the Notes in any material respect; and
WHEREAS, the execution and delivery of this Supplemental Indenture has been
authorized by a resolution of the Board of Directors of the Company; and
WHEREAS, concurrent with the execution hereof, Lehman Brothers Inc. and
Shearman & Sterling have each delivered a certificate, and the Company has
delivered an Officers' Certificate and has caused its special counsel, Swidler
Berlin Shereff Friedman, LLP, to deliver to the Trustee an Opinion of Counsel,
each to the effect that this Supplemental Indenture complies with Section 901 of
Article Nine of the Indenture and that all conditions precedent provided for in
the Indenture relating to this Supplemental Indenture have been complied with.
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NOW, THEREFORE, in consideration of the above premises, each party agrees,
for the benefit of the other and for the equal and ratable benefit of the
Holders of the Notes, as follows:
1. Subpart (xxi) of the definition of "Permitted Liens" in Section 101
of Article One of the Indenture is hereby amended by deleting Subpart (xxi) in
its entirety and inserting in place thereof the following:
"(xxi) Liens securing Indebtedness under Credit Facilities incurred
in compliance with clause (iii), or securing Indebtedness to finance
the cost of Telecommunication Assets under clause (iv) of paragraph
(b) of Section 1011."
2. Except as expressly set forth herein, this Supplemental Indenture
shall not be deemed to waive, amend or modify any term or condition of the
Indenture, each of which is hereby ratified and reaffirmed, and the Indenture,
as amended and supplemented hereby, shall remain in full force and effect.
3. All conditions and requirements of the Indenture necessary to make
this Supplemental Indenture a valid, binding and legal instrument in accordance
with its terms have been performed and fulfilled by the parties hereto and the
execution and delivery thereof have been in all respects duly authorized by the
parties hereto.
4. This Supplemental Indenture may be executed in one or more
counterparts, each one of which shall be deemed an original, and all of which,
taken together, shall constitute one and the same instrument.
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IN WITNESS WHEREOF, the parties hereto have caused this First Supplemental
Indenture to be executed as of the day and year first above written.
FACILICOM INTERNATIONAL, INC.
By: /s/ Walter Burmeister
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Name: Walter Burmeister
Title: CEO
STATE STREET BANK AND TRUST
COMPANY
By:
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Name:
Title:
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IN WITNESS WHEREOF, the parties hereto have caused this First Supplemental
Indenture to be executed as of the day and year first above written.
FACILICOM INTERNATIONAL, INC.
By:
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Name:
Title:
STATE STREET BANK AND TRUST
COMPANY
By: /s/ Alison Deila Bella
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Name: Alison Deila Bella
Title: Assistant Vice President