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Registration Rights Agreement

 

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Title:

Registration Rights Agreement

Entities:

Kaytee Products Inc

Date:

2003

Size:

Preview shows 6KB of 80KB total

Price:

$38

ID:

#2975794

 

 

► Corporate ► Rights ► Registration Rights Agreements

 

 

Start of Preview


                          REGISTRATION RIGHTS AGREEMENT


by and among

Central Garden & Pet Company

The parties listed as guarantors hereto

and

Banc of America Securities LLC
CIBC World Markets Corp.
SunTrust Capital Markets, Inc.
Jefferies & Company, Inc.


Dated as of January 30, 2003

{PAGE}

REGISTRATION RIGHTS AGREEMENT

This Registration Rights Agreement (this "Agreement") is made and
entered into as of January 30, 2003, by and among Central Garden & Pet Company,
a Delaware corporation (the "Company"), the guarantors listed on Schedule I
attached hereto (each a "Guarantor" and, collectively, the "Guarantors"), and
Banc of America Securities LLC, CIBC World Markets Corp., SunTrust Capital
Markets, Inc. and Jefferies & Company, Inc. (each an "Initial Purchaser" and,
collectively, the "Initial Purchasers"), each of whom has agreed to purchase the
Company's 9.125% Senior Subordinated Notes due 2013 (the "Initial Notes")
pursuant to the Purchase Agreement (as defined below).

This Agreement is made pursuant to the Purchase Agreement, dated
January 24, 2003 (the "Purchase Agreement"), by and among the Company and the
Initial Purchasers (i) for the benefit of each Initial Purchaser and (ii) for
the benefit of the holders from time to time of the Notes (including you and
each other Initial Purchaser). In order to induce the Initial Purchasers to
purchase the Initial Notes, the Company has agreed to provide the registration
rights set forth in this Agreement. The execution and delivery of this Agreement
is a condition to the obligations of the Initial Purchasers set forth in Section
5(i) of the Purchase Agreement.

The parties hereby agree as follows:

SECTION 1. DEFINITIONS

As used in this Agreement, the following capitalized terms shall
have the following meanings:

Additional Interest Payment Date: With respect to the Initial
Notes, each Interest Payment Date.

Broker-Dealer: Any broker or dealer registered under the Exchange
Act.

Closing Date: The date of this Agreement.

Commission: The Securities and Exchange Commission.

Consummate: A Registered Exchange Offer shall be deemed
"Consummated" for purposes of this Agreement upon the occurrence of (i) the
filing and effectiveness under the Securities Act of the Exchange Offer
Registration Statement relating to the Exchange Notes to be issued in the
Exchange Offer, (ii) the maintenance of such Registration Statement
continuously effective and the keeping of the Exchange Offer open for a
period not less than the minimum period required pursuant to Section 3(b)
hereof, and (iii) the delivery by the Company to the Registrar under the
Indenture of Exchange Notes in the same aggregate principal amount as the
aggregate principal amount of Initial Notes that were tendered by Holders
thereof pursuant to the Exchange Offer.

Effectiveness Target Date: As defined in Section 5.

Exchange Act: The Securities Exchange Act of 1934, as amended.

Exchange Notes: The 9.125% Senior Subordinated Notes due 2013, of
the same series under the Indenture as the Initial Notes, to be issued to
Holders in exchange for Transfer Restricted Securities pursuant to this
Agreement.

Exchange Offer: The registration by the Company under the
Securities Act of the Exchange Notes pursuant to a Registration Statement
pursuant to which the Company offers the Holders of all

{PAGE}


outstanding Transfer Restricted Securities the opportunity to exchange all
such outstanding Transfer Restricted Securities held by such Holders for
Exchange Notes in an aggregate principal amount equal to the aggregate
principal amount of the Transfer Restricted Securities tendered in such
exchange offer by such Holders.

Exchange Offer Registration Statement: The Registration Statement
relating to the Exchange Offer, including the related Prospectus.

Exempt Resales: The transactions in which the Initial Purchasers
propose to sell the Initial Notes (i) to certain "qualified institutional
buyers," as such term is defined in Rule 144A under the Securities Act and
(ii) pursuant to Regulation S under the Securities Act.

Holders: As defined in Section 2(b) hereof.

Indemnified Holder: As defined in Section 8(a) hereof.

Indenture: The Indenture, dated as of January 30, 2003, among the
Company, the Guarantors and Wells Fargo Bank, National Association, as
trustee (the "Trustee"), pursuant to which the Notes are to be issued, as
such Indenture is amended or supplemented from time to time in accordance
with the terms thereof.

Initial Purchaser: As defined in the preamble hereto.

Initial Notes: The 9.125% Senior Subordinated Notes due 2013, of
the same series under the Indenture as the Exchange Notes, for so long as
such securities constitute Transfer Restricted Securities.

 

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