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Title:

Indenture

Entities:

Caterpillar Inc.; McGraw-Hill Companies Inc.; Universal Compression Holdings Inc.; Wachovia Bank, NA; Wachovia Securities Inc.; Wells Fargo Bank Minnesota, NA; Gardere Wynne Sewell, LLP

Date:

2003

Size:

Preview shows 33KB of 478KB total

Price:

$99

ID:

#244274

 

 

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Start of Preview








BRL UNIVERSAL COMPRESSION FUNDING I 2002, L.P.
Issuer

and

WELLS FARGO BANK MINNESOTA, NATIONAL ASSOCIATION
Indenture Trustee





INDENTURE

Dated as of December 31, 2002



ARTICLE I
DEFINITIONS
   

Section 101.    
Defined Terms

 

3
Section 102.    Other Definitional Provisions   3
Section 103.    Computation of Time Periods   4
Section 104.    Power of Attorney   4

ARTICLE II
THE NOTES

 

 

Section 201.    
Authorization of Notes

 

4
Section 202.    Form of Notes; Global Notes   4
Section 203.    Execution; Non-Recourse Obligation   7
Section 204.    Certificate of Authentication   8
Section 205.    Registration; Registration of Transfer and Exchange of Notes   8
Section 206.    Mutilated, Destroyed, Lost and Stolen Notes   9
Section 207.    Delivery, Retention and Cancellation of Notes   10
Section 208.    ERISA Deemed Representations   10
Section 209.    Determination of Requisite Global Majority   10

ARTICLE III
PAYMENT OF NOTES; ESTABLISHMENT OF ACCOUNTS;
CONTROL REQUIREMENTS; STATEMENTS TO NOTEHOLDERS

 

 

Section 301.    
Principal and Interest

 

11
Section 302.    Trust Account   11
Section 303.    Investment of Monies Held in the Transaction Accounts   18
Section 304.    Control   19
Section 305.    Reports   19
Section 306.    Records   19
Section 307.    CUSIP Numbers   19
Section 308.    No Claim   20
Section 309.    Compliance with Withholding Requirements   20
Section 310.    Tax Treatment of Notes   20
Section 311.    Rights of Noteholders   20
Section 312.    Collections and Allocations   20
Section 313.    Acknowledgments   20
Section 314.    Reserve Account   20

ARTICLE IV
COLLATERAL

 

 

Section 401.    
Collateral

 

21
Section 402.    Pro Rata Interest   21
Section 403.    Indenture Trustee's Appointment as Attorney-in-Fact; Certain Rights of Control Party   22
Section 404.    Release of Security Interest   23
Section 405.    Administration of Collateral   24
Section 406.    Draw on Letter of Credit in January 2013   24

ARTICLE V
REPRESENTATIONS AND WARRANTIES

 

 

Section 501.    
Existence

 

25
Section 502.    Authorization   25
Section 503.    Due Qualification   25
Section 504.    No Conflict; Legal Compliance   25
Section 505.    Validity and Binding Effect   26
Section 506.    Financial Statements   26
Section 507.    Executive Offices   26

i


Section 508.    No Agreements or Contracts   26
Section 509.    Consents and Approvals.   26
Section 510.    Margin Regulations   26
Section 511.    Taxes   26
Section 512.    Other Regulations   27
Section 513.    Solvency and Separateness   27
Section 514.    Insolvency; Fraudulent Conveyance   28
Section 515.    No Default   28
Section 516.    No Proceedings or Injunctions   29
Section 517.    Compliance with Law   29
Section 518.    Title; Liens   29
Section 519.    Subsidiaries   29
Section 520.    No Partnership   29
Section 521.    UCC Information   29
Section 522.    Rating Agency Security Interest Representations   29
Section 523.    Ordinary Course   30
Section 524.    Stamping and Storage of User Leases   31
Section 525.    Identification Marks.   31
Section 526.    Intellectual Property.   31

ARTICLE VI
COVENANTS

 

 

Section 601.    
Payment of Principal and Interest; Payment of Taxes

 

31
Section 602.    Preservation of Name; Maintenance of Office; Jurisdiction of Formation   31
Section 603.    Corporate Existence   32
Section 604.    Compliance with Law   32
Section 605.    Protection of Collateral   32
Section 606.    Defend Title to Collateral   33
Section 607.    Enforce Head Lease Rights   33
Section 608.    Negative Covenants Regarding Collateral (including Related Documents)   33
Section 609.    Non-Consolidation of the Issuer   34
Section 610.    No Bankruptcy Petition   35
Section 611.    Liens; Fixtures   35
Section 612.    Other Debt   35
Section 613.    Guarantees, Loans, Advances and Other Liabilities   35
Section 614.    Consolidation, Merger and Sale of Assets   35
Section 615.    Other Agreements   35
Section 616.    Charter Documents   36
Section 617.    Capital Expenditures   36
Section 618.    Permitted Activities; Compliance with Limited Partnership Agreement   36
Section 619.    Investment Company Act   36
Section 620.    Payments of Collateral   36
Section 621.    Permitted Activities; Compliance with Partnership Agreement   36
Section 622.    Notices   36
Section 623.    Books and Records   37
Section 624.    Taxes   37
Section 625.    Subsidiaries   37
Section 626.    Investments   37
Section 627.    Use of Proceeds   37
Section 628.    Asset Base Certificate   37
Section 629.    Financial Statements   37
Section 630.    Other Information   38
Section 631.    Independent Directors of General Partner   38
Section 632.    Hedging Requirements   38
Section 633.    Separate Identity   40

ii



 
Section 634.    Annual Perfection Opinion   40
Section 635.    Identification Marks   40
Section 636.    [Reserved   40
Section 637.    Storage of Lease Files   40
Section 638.    Intellectual Property Filings.   40

ARTICLE VII
DISCHARGE OF INDENTURE; PREPAYMENTS

 

 

Section 701.    
Full Discharge

 

41
Section 703.    Prepayment of Notes   41

ARTICLE VIII
DEFAULT PROVISIONS AND REMEDIES

 

 

Section 801.    
Event of Default

 

42
Section 802.    Acceleration of Stated Maturity; Rescission and Annulment   44
Section 803.    Collection of Indebtedness   45
Section 804.    Remedies   45
Section 805.    Indenture Trustee May Enforce Claims Without Possession of Notes   46
Section 806.    Allocation of Money Collected   46
Section 807.    Limitation on Suits

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