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12.25% Senior Subordinated Discount Notes Due 2008

 

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Title:

12.25% Senior Subordinated Discount Notes Due 2008

Entities:

American Tower Corp.; Cede & Co.; Credit Suisse First Boston LLC; Bank of New York; Goldman, Sachs & Co.

Date:

2003

Size:

Preview shows 12KB of 416KB total

Price:

$99

ID:

#338746

 

 

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                                     ISSUER


12.25% SENIOR SUBORDINATED DISCOUNT NOTES DUE 2008

DATED AS OF JANUARY 29, 2003

THE BANK OF NEW YORK

TRUSTEE

{PAGE}

CROSS-REFERENCE TABLE*

TRUST INDENTURE ACT SECTION INDENTURE SECTION
--------------------------- -----------------
310(a)(1).................................................. 7.10
(a)(2).................................................. 7.10
(a)(3).................................................. N.A.
(a)(4).................................................. N.A.
(a)(5).................................................. 7.10
(b)..................................................... 7.10
(c)..................................................... N.A.
311(a)..................................................... 7.11
(b)..................................................... 7.11
(c)..................................................... N.A.
312(a)..................................................... 2.05
(b)..................................................... 13.03
(c)..................................................... 13.03
313(a)..................................................... 7.06
(b)(1).................................................. 7.06
(b)(2).................................................. 7.06; 7.07
(c)..................................................... 7.06; 13.02
(d)..................................................... 7.06
314(a)..................................................... 4.03; 4.04; 13.02;
13.05
(b)..................................................... N.A.
(c)(1).................................................. 13.04
(c)(2).................................................. 13.04
(c)(3).................................................. N.A.
(d)..................................................... N.A.
(e)..................................................... 13.05
(f)..................................................... N.A.
315(a)..................................................... 7.01
(b)..................................................... 7.05; 13.02
(c)..................................................... 7.01
(d)..................................................... 7.01
(e)..................................................... 6.11
316(a)(last sentence)...................................... 2.09
(a)(1)(A)............................................... 6.05
(a)(1)(B)............................................... 6.04
(a)(2).................................................. N.A.
(b)..................................................... 6.07
(c)..................................................... N.A.
317(a)(1).................................................. 6.08
(a)(2).................................................. 6.09
(b)..................................................... 2.04
318(a)..................................................... 13.01
(b)..................................................... N.A.
(c)..................................................... 13.01
N.A. means not applicable

----------
* This Cross Reference Table is not part of the Indenture.

{PAGE}

TABLE OF CONTENTS

{TABLE}
{CAPTION}
PAGE
----
{S} {C}
ARTICLE 1 DEFINITIONS AND INCORPORATION BY REFERENCE.........................................................1

Section 1.01. Definitions..............................................................................1
Section 1.02. Other Definitions.......................................................................29
Section 1.03. Incorporation by Reference of Trust Indenture Act.......................................30
Section 1.04. Rules of Construction...................................................................30

ARTICLE 2 THE NOTES.........................................................................................31

Section 2.01. Form and Dating.........................................................................31
Section 2.02. Execution and Authentication............................................................32
Section 2.03. Registrar and Paying Agent..............................................................33
Section 2.04. Paying Agent to Hold Money in Trust.....................................................33
Section 2.05. Holder Lists............................................................................34
Section 2.06. Transfer and Exchange...................................................................34
Section 2.07. Replacement Notes.......................................................................42
Section 2.08. Outstanding Notes.......................................................................42
Section 2.09. Treasury Notes..........................................................................43
Section 2.10. Temporary Notes.........................................................................43
Section 2.11. Cancellation............................................................................43
Section 2.12. CUSIP Numbers...........................................................................43

ARTICLE 3 REDEMPTION AND PREPAYMENT.........................................................................44

Section 3.01. Notices to Trustee......................................................................44
Section 3.02. Selection of Notes to Be Redeemed.......................................................44
Section 3.03. Notice of Redemption....................................................................44
Section 3.04. Effect of Notice of Redemption..........................................................45
Section 3.05. Deposit of Redemption Price.............................................................45
Section 3.06. Notes Redeemed in Part..................................................................46
Section 3.07. Optional Redemption.....................................................................46
Section 3.08. Mandatory Redemption....................................................................46
Section 3.09. Offer to Purchase by Application of Excess Proceeds.....................................47

ARTICLE 4 COVENANTS.........................................................................................49

Section 4.01. Payment of Notes........................................................................49
Section 4.02. Maintenance of Office or Agency.........................................................49
Section 4.03. Reports.................................................................................50
Section 4.04. Compliance Certificate..................................................................51
Section 4.05. Taxes...................................................................................51
{/TABLE}

ii

{PAGE}

{TABLE}
{S} {C}
Section 4.06. Stay, Extension and Usury Laws..........................................................51
Section 4.07. Restricted Payments.....................................................................52
Section 4.08. Dividend and Other Payment Restrictions Affecting Subsidiaries..........................56
Section 4.09. Incurrence of Indebtedness and Issuance of Preferred Stock..............................58
Section 4.10. Asset Sales.............................................................................61
Section 4.11. Transactions with Affiliates............................................................63
Section 4.12. Liens...................................................................................65
Section 4.13. Corporate Existence.....................................................................65
Section 4.14. Offer to Repurchase Upon Change of Control..............................................65
Section 4.15. Anti-Layering...........................................................................67
Section 4.16. Sale and Leaseback Transactions.........................................................67
Section 4.17. Covenant Suspension.....................................................................68
Section 4.18. Additional Subsidiary Note Guarantees...................................................68
Section 4.19. Designation of Restricted and Unrestricted Subsidiaries.................................69

ARTICLE 5 SUCCESSORS........................................................................................69

Section 5.01. Merger, Consolidation, or Sale of Assets................................................69
Section 5.02. Successor Corporation Substituted.......................................................70

ARTICLE 6 DEFAULTS AND REMEDIES.............................................................................71

Section 6.01. Events of Default.......................................................................71
Section 6.02. Acceleration............................................................................73
Section 6.03. Other Remedies..........................................................................73
Section 6.04. Waiver of Past Defaults.................................................................73
Section 6.05. Control by Majority.....................................................................74
Section 6.06. Limitation on Suits.....................................................................74
Section 6.07. Rights of Holders of Notes to Receive Payment...........................................74
Section 6.08. Collection Suit by Trustee..............................................................75

 

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