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Senior Indenture

 

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Title:

Senior Indenture

Entities:

PPI Inc

Date:

2004

Size:

Preview shows 44KB of 127KB total

Price:

$52

ID:

#1340452

 

 

► Financing ► Indentures ► Senior Indentures

 

 

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ISLE OF CAPRI CASINOS, INC.

as ISSUER

 


 

SENIOR INDENTURE

 

Dated as of                         

 


 


 

[NAME OF TRUSTEE]

 

as TRUSTEE

 


 


 


TABLE OF CONTENTS

 

          Page

ARTICLE 1     
DEFINITIONS AND INCORPORATION BY REFERENCE     

Section 1.01.

   Definitions    1

Section 1.02.

   Other Definitions    7

Section 1.03.

   Incorporation by Reference of Trust Indenture Act    7

Section 1.04.

   Rules of Construction    7
ARTICLE 2     
THE NOTES     

Section 2.01.

   Issuable in Series    8

Section 2.02.

   Execution and Authentication    8

Section 2.03.

   Registrar and Paying Agent    9

Section 2.04.

   Paying Agent to Hold Money in Trust    9

Section 2.05.

   Holder Lists    9

Section 2.06.

   Transfer and Exchange    10

Section 2.07.

   Replacement Notes    13

Section 2.08.

   Outstanding Notes    13

Section 2.09.

   Treasury Notes    13

Section 2.10.

   Temporary Notes    14

Section 2.11.

   Cancellation    14

Section 2.12.

   Defaulted Interest    14
ARTICLE 3     
REDEMPTION AND PREPAYMENT     

Section 3.01.

   Notices to Trustee    15

Section 3.02.

   Selection of Notes to Be Redeemed    15

Section 3.03.

   Notice of Redemption    15

Section 3.04.

   Effect of Notice of Redemption    16

Section 3.05.

   Deposit of Redemption Price    16

Section 3.06.

   Notes Redeemed in Part    17

 

-i-


TABLE OF CONTENTS

(continued)

 

          Page

Section 3.07.

   Gaming Redemption    17
ARTICLE 4     
COVENANTS     

Section 4.01.

   Payment of Notes    18

Section 4.02.

   Maintenance of Office or Agency    18

Section 4.03.

   Commission Reports and Reports to Holders    18

Section 4.04.

   Compliance Certificate    19

Section 4.05.

   Taxes    20

Section 4.06.

   Stay, Extension and Usury Laws    20

Section 4.07.

   Corporate Existence    20
ARTICLE 5     
SUCCESSORS     

Section 5.01.

   Merger, Consolidation or Sale of Assets    20

Section 5.02.

   Successor Corporation Substituted    21
ARTICLE 6     
DEFAULTS AND REMEDIES     

Section 6.01.

   Events of Default    21

Section 6.02.

   Acceleration    22

Section 6.03.

   Other Remedies    23

Section 6.04.

   Waiver of Past Defaults    23

Section 6.05.

   Control by Majority    24

Section 6.06.

   Limitation on Suits    24

Section 6.07.

   Rights of Holders of Notes to Receive Payment    24

Section 6.08.

   Collection Suit by Trustee    25

Section 6.09.

   Trustee May File Proofs of Claim    25

Section 6.10.

   Priorities    25

Section 6.11.

   Undertaking for Costs    26

 

-ii-


TABLE OF CONTENTS

(continued)

 


 
          Page

ARTICLE 7     
TRUSTEE     

Section 7.01.

   Duties of Trustee    26

Section 7.02.

   Rights of Trustee    27

Section 7.03.

   Individual Rights of Trustee    28

Section 7.04.

   Trustees Disclaimer    28

Section 7.05.

   Notice of Defaults    28

Section 7.06.

   Reports by Trustee to Holders of the Notes    29

Section 7.07.

   Compensation and Indemnity    29

Section 7.08.

   Replacement of Trustee    30

Section 7.09.

   Successor Trustee by Merger, Etc.    31

Section 7.10.

   Eligibility; Disqualification    31

Section 7.11.

   Preferential Collection of Claims Against Company    32
ARTICLE 8     
LEGAL DEFEASANCE AND COVENANT DEFEASANCE     

Section 8.01.

   Option to Effect Legal Defeasance or Covenant Defeasance    32

Section 8.02.

   Legal Defeasance and Discharge    32

Section 8.03.

   Covenant Defeasance    32

Section 8.04.

   Conditions to Legal or Covenant Defeasance    33

Section 8.05.

   Deposited Money and Government Securities to be Held in Trust; Other Miscellaneous Provisions    34

Section 8.06.

   Repayment to Company    35

Section 8.07.

   Reinstatement    35
ARTICLE 9     
AMENDMENT, SUPPLEMENT AND WAIVER     

Section 9.01.

   Without Consent of Holders of Notes    36

Section 9.02.

  

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