Exhibit 10.4

 

WMG ACQUISITION CORP.

Issuer

 

THE SUBSIDIARY GUARANTORS PARTIES HERETO

 

And

 

WELLS FARGO BANK, NATIONAL ASSOCIATION,

 

Trustee

 

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SECOND SUPPLEMENTAL INDENTURE

 

Dated as of  May 17 , 2005

 

TO

 

INDENTURE

 

Dated as of April 8, 2004

 

as amended by the

 

First Supplemental Indenture

 

Dated as of November 16, 2004

 

U.S. Dollar-denominated 7 3/8% Senior Subordinated Notes due 2014

Sterling-denominated 8 1/8% Senior Subordinated Notes due 2014

 

 

 

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                This SECOND SUPPLEMENTAL INDENTURE is dated as of this 17th day
of May, 2005 (the “Second Supplemental Indenture”), among WMG ACQUISITION CORP.,
a Delaware corporation (the “Company”), the Subsidiary Guarantors parties hereto
(as listed below) and WELLS FARGO BANK, NATIONAL ASSOCIATION, as indenture
trustee (the “Trustee”).

 

                WHEREAS, the Company, the guarantors parties thereto and the
Trustee entered into an Indenture dated as of April 8, 2004, as amended by the
First Supplemental Indenture dated as of November 16, 2004 among the Company,
the Trustee, WEA Urban LLC and WEA Rock LLC (collectively, the "Indenture"), for
the benefit of each other and for the equal and ratable benefit of the Holders
of the U.S. Dollar-denominated 7 3/8% Senior Subordinated Notes due 2014 and the
Sterling-denominated 8 1/8% Senior Subordinated Notes due 2014 (the “Notes”).
Capitalized terms used herein without definition have the meanings ascribed to
such terms in the Indenture.

 

                WHEREAS, Section 4.16 of the Indenture requires the Company to
cause certain Restricted Subsidiaries to execute and deliver a supplemental
indenture to the Indenture providing for issuance by such Restricted Subsidiary
of a Subsidiary Guarantee of payment of the Notes.

 

                WHEREAS, the foregoing amendment is permitted under Section
9.01(6) of the Indenture.

 

                WHEREAS, the Company and the Subsidiary Guarantors desire and
have requested the Trustee to join with it in the execution and delivery of this
Second Supplemental Indenture,

 

                NOW, THEREFORE, in consideration of the addition of the
Subsidiary Guarantor named below as Subsidiary Guarantor hereunder, the Company
and the Guarantor named below covenant and agree with the Trustee as follows:

 

                1. The following Subsidiary Guarantors shall become Subsidiary
Guarantors as of the date of this Second Supplemental Indenture by execution and
delivery of this Second Supplemental Indenture

 

NonZero, LLC

The Biz, LLC

 

                2.  The Indenture, as supplemented and amended by this Second
Supplemental Indenture, is in all respects ratified and confirmed, and the
Indenture and this Second Supplemental Indenture shall be read, taken and
construed as one and the same instrument.

 

                3.  If any provision hereof limits, qualifies or conflicts with
another provision hereof which is required to be included in this Second
Supplemental Indenture by any of the provisions of the Trust Indenture Act, such
required provision shall control.

 

                4.  All covenants and agreements in this Second Supplemental
Indenture by the Company and the Subsidiary Guarantors shall bind their
respective successors and assigns, whether so expressed or not.

 

                5.  In case any provision in this Second Supplemental Indenture
shall be invalid, illegal or unenforceable, the validity, legality and
enforceability of the remaining provisions shall not in any way be affected or
impaired thereby.

 

                6.  Nothing in this Second Supplemental Indenture, expressed or
implied, shall give to any Person, other than the parties hereto and their
successors hereunder, and the Holders any benefit or any legal or equitable
right, remedy or claim under this Second Supplemental Indenture.

 

                7.  THIS SECOND SUPPLEMENTAL INDENTURE AND THE SECURITIES SHALL
BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW
YORK.

 

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                8.  All terms used in this Second Supplemental Indenture not
otherwise defined herein that are defined in the Indenture shall have the
meanings set forth therein.

 

                9.  This Second Supplemental Indenture may be executed in any
number of counterparts, each of which shall be an original; but such
counterparts shall together constitute but one and the same instrument.

 

                10.  The recitals contained herein shall be taken as statements
of the Company and the Subsidiary Guarantors, and the Trustee assumes no
responsibility for their correctness.  The Trustee makes no representations as
to the validity or sufficiency of the Indenture, this Second Supplemental
Indenture or of the Notes and shall not be accountable for the use or
application by the Company of the Notes or the proceeds thereof.

 

 

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                IN WITNESS WHEREOF, the parties have executed this Second
Supplemental Indenture as of the date first written above.

 

 

 

WMG ACQUISITION CORP.

 

 

 

 

 

 

 

By:

/s/ Paul Robinson

 

 

Name: Paul Robinson

 

 

Title: SVP & Deputy General Counsel

 

 

 

 

NONZERO LLC

 

 

 

 

 

By:

/s/ Paul Robinson

 

 

Name: Paul Robinson

 

 

Title: SVP & Deputy General Counsel

 

 

 

 

THE BIZ LLC

 

 

 

 

By:

/s/ Paul Robinson

 

 

Name: Paul Robinson

 

 

Title: SVP & Deputy General Counsel

 

 

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WELLS FARGO BANK, NATIONAL

ASSOCIATION, as Indenture Trustee

 

 

 

 

 

 

 

By:

/s/ Jeffery Rose

 

 

Name: Jeffery Rose

 

 

Title: Vice President

 

 

 

 

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