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First Supplemental Indenture

 

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Title:

First Supplemental Indenture

Entities:

Alaska Air Group, Inc.; Cede & Co.; McGraw-Hill Companies Inc.; U.S. Bank, NA; O’Melveny & Myers

Date:

2004

Size:

Preview shows 6KB of 347KB total

Price:

$99

ID:

#843346

 

 

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                          FIRST SUPPLEMENTAL INDENTURE


Dated as of September 30, 2004

Supplement to Indenture dated as of March 21, 2003

--------------------------------------------------

between

ALASKA AIR GROUP, INC.

and

U.S. BANK NATIONAL ASSOCIATION

AS TRUSTEE

--------------------------------------------------

Senior Convertible Notes
due 2023

{PAGE}

TABLE OF CONTENTS

{TABLE}
{CAPTION}
PAGE
----
{S} {C}
RECITALS................................................................................. 1

ARTICLE 1
RATIFICATION; DEFINITIONS

SECTION 1.01. First Supplemental Indenture............................................ 2
SECTION 1.02. Definitions............................................................. 2

ARTICLE 2
AMENDMENTS TO CERTAIN PROVISIONS OF THE ORIGINAL INDENTURE

SECTION 2.01. Amendments to Section 3.08 of the Original Indenture.................... 2

ARTICLE 3
AMENDMENTS TO CERTAIN PROVISIONS OF THE SECURITIES; NOTATION ON THE SECURITIES

SECTION 3.01 Amendments to Section 4 of the Securities............................... 6
SECTION 3.02. Amendments to Section 7 of the Securities............................... 5
SECTION 3.03. Notation on Securities.................................................. 7

ARTICLE 4
MISCELLANEOUS

SECTION 4.01. Trust Indenture Act Controls............................................ 8
SECTION 4.02. Incorporation into Indenture............................................ 8
SECTION 4.03. Successors and Assigns.................................................. 8
SECTION 4.04. Governing Law........................................................... 8
SECTION 4.05. Multiple Originals...................................................... 8
SECTION 4.06. Separability Clause..................................................... 8
SECTION 4.07 The Trustee............................................................. 8
{/TABLE}

i
{PAGE}

FIRST SUPPLEMENTAL INDENTURE, dated as of September 30, 2004 ("First
Supplemental Indenture"), between Alaska Air Group, Inc., a Delaware corporation
(the "Company"), and U.S. Bank National Association, as trustee (the "Trustee").

RECITALS

WHEREAS, the Company and the Trustee executed and delivered an Indenture,
dated as of March 21, 2003 (the "Original Indenture"; and, as amended by this
First Supplemental Indenture, the "Indenture"), to provide for the issuance by
the Company of its Senior Convertible Notes due 2023 (the "Securities");

WHEREAS, the Company desires to amend the Original Indenture and the
Securities to rescind the Company's right pursuant to Section 3.08 of the
Original Indenture and the Securities to pay for the purchase of Securities at
the option of the Holder pursuant to such section, in whole or in part, in
shares of Common Stock in lieu of cash;

WHEREAS, Section 9.01 of the Original Indenture provides that, without the
consent of any Securityholder, the Company and the Trustee may amend the
Original Indenture or the Securities to, among other things, make any change
that does not adversely affect the rights of any Holders; and

WHEREAS, all things necessary for the execution of this First Supplemental
Indenture, and to make this First Supplemental Indenture a valid supplement to
the Original Indenture according to its terms and a valid and binding agreement
of the Company, have been done.

NOW, THEREFORE, for and in consideration of the premises and the mutual
covenants and agreements hereinafter set forth, the parties hereto agree, for
the benefit of the other party and for the equal and ratable benefit of the
Holders, as follows:

1
{PAGE}

ARTICLE 1

RATIFICATION; DEFINITIONS

SECTION 1.01. First Supplemental Indenture. This First Supplemental
Indenture is supplemental to, and is entered into in accordance with Section

 

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