EX-4.7



 Exhibit 4.7 

FIRST SUPPLEMENTAL INDENTURE 

(Prosperity Bank Statutory Trust I) 
  

THIS FIRST SUPPLEMENTAL INDENTURE dated as of December 23, 2013 is by and among Deutsche Bank Trust Company Americas, a
New York banking corporation (herein, together with its successors in interest, the “Trustee”), Ameris Bancorp, a Georgia corporation (the “Successor Company”), and The Prosperity Banking Company, a Florida corporation (the
“Company”) and the “Company” under the Indenture. 
 NOW, THEREFORE, in consideration of the premises
and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties hereto, the Trustee, the Company, and the Successor Company hereby agree as follows: 

PRELIMINARY STATEMENTS 

The Trustee and the Company are parties to that certain Indenture dated as of June 24, 2004 (the “Indenture”),
pursuant to which the Company issued U.S. $5,155,000 of its Floating Rate Junior Subordinated Notes due 2034 (the “ Debentures”). 

As permitted by the terms of the Indenture, the Company, simultaneously with the effectiveness of this First Supplemental
Indenture, shall merge (referred to herein and for purposes of Article VIII of the Indenture as the “Merger”) with and into Successor Company, with the Successor Company as the surviving corporation. The parties hereto are entering
into this First Supplemental Indenture pursuant to, and in accordance with, Section 9.1(a) of the Indenture. 

Section 1. Definitions.    All capitalized terms used herein which are defined in the
Indenture, either directly or by reference therein, shall have the respective meanings assigned them in the Indenture except as otherwise provided herein or unless the context otherwise requires. 

Section 2. Interpretation. 
  

	 	(a)	 In this First Supplemental Indenture, unless a clear contrary intention appears: 



 

	 	(i)	 the singular number includes the plural number and vice versa; 



 

	 	(ii)	 reference to any gender includes the other gender; 


  

	 	(iii)	 the words “herein,” “hereof” and “hereunder” and other words of similar import refer to this First Supplemental
Indenture as a whole and not to any particular Section or other subdivision; 


  

	 	(iv)	 reference to any person includes such Person’s successors and assigns but, if applicable, only if such successors and assigns are permitted by
this First Supplemental Indenture or the Indenture, 










	 	 
and reference to a Person in a particular capacity excludes such Person in any other capacity or individually provided that nothing in this clause (iv) is intended to authorize any
assignment not otherwise permitted by this First Supplemental Indenture or the Indenture; 


  

	 	(v)	 reference to any agreement, document or instrument means such agreement, document or instrument as amended, supplemented or modified and in effect
from time to time in accordance with the terms thereof and, if applicable, the terms hereof, as well as any substitution or replacement therefor and reference to any note includes modifications thereof and any note issued in extension or renewal
thereof or in substitution or replacement therefor; 


  

	 	(vi)	 reference to any Section means such Section of this First Supplemental Indenture; and 



 

	 	(vii)	 the word “including” (and with correlative meaning “include”) means including without limiting the generality of any
description preceding such term. 


  

	 	(b)	 No provision in this First Supplemental Indenture shall be interpreted or construed against any Person because that Person or its legal
representative drafted such provision. 


 Section 3. Assumption of Obligations. 

 

	 	(a)	 Pursuant to, and in compliance and accordance with Article VIII and Section 9.1(a) of the Indenture, the Successor Company hereby expressly
and unconditionally assumes the due and punctual payment of the principal of (and premium, if any) and interest on, all of the Debentures in accordance with their terms, and the due and punctual performance and observance of each and every covenant
and condition of the Company under the Indenture, all as if the Successor Company were the Company thereunder. 


  

	 	(b)	 Pursuant to, and in compliance and accordance with Article VIII and Section 9.1(a) of the Indenture, the Successor Company succeeds to, is
substituted for, and may exercise every right and power of, the Company under the Indenture with the same effect as if the Successor Company had originally been named in the Indenture as the Company. 



 

	 	(c)	 The Successor Company also succeeds to, is substituted for, and may exercise every right and power of, the Company under the Amended and Restated
Trust Agreement, dated as of June 24, 2004 (the “Trust Agreement”), as Depositor (as defined in the Trust Agreement), with the same effect as if the Successor Company had originally been named in the Trust Agreement.



  

	 	(d)	 The Successor Company also succeeds to, and is substituted for, and may exercise every right and power of, the Company under the Guarantee
Agreement, dated as of June 24, 2004 (the “Guarantee Agreement”), as Guarantor (as defined in the Guarantee Agreement), with the same effect as if the Successor Company had originally been named in the Guarantee Agreement.




  
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 Section 4. Representations and Warranties.  The
Successor Company represents and warrants that (a) it has all necessary power and authority to execute and deliver this First Supplemental Indenture and to perform the covenants and obligations of the Indenture, (b) it is the successor of
the Company pursuant to a valid merger effected in accordance with applicable law, (c) it is a corporation organized and existing under the laws of the State of Georgia, (d) both immediately before and after giving effect to this First
Supplemental Indenture, no Event of Default, and no event which, after notice or lapse of time or both, would become an Event of Default, shall have occurred and is continuing and (e) this First Supplemental Indenture is executed and delivered
pursuant to Section 9.1 of the Indenture and does not require the consent of the Securityholders. 
 Section 5.
Conditions of Effectiveness.      This First Supplemental Indenture shall become effective simultaneously with the effectiveness of the Merger, provided, however, that: 

 

	 	(a)	 the Trustee shall have executed a counterpart of this First Supplemental Indenture and shall have received a counterpart of this First Supplemental
Indenture executed by the Company and the Successor Company. 


  

	 	(b)	 the Trustee shall have received an Officers’ Certificate substantially in the form attached hereto as Exhibit A. 



 

	 	(c)	 the Trustee shall have received an Opinion of Counsel substantially in the form attached hereto as Exhibit B. 



 

	 	(d)	 The Successor Company and the Company shall have duly executed and filed with the Department of State of the State of Florida and the Secretary of
State of the State of Georgia, articles of merger in connection with the Merger. 


 Section 6.
Reference to the Indenture. 
  

	 	(a)	 Upon the effectiveness of this First Supplemental Indenture, each reference in the Indenture to “this Indenture,” “hereunder,”
“herein” or words of like import shall mean and be a reference to the Indenture, as affected, amended and supplemented hereby. 


  

	 	(b)	 Upon the effectiveness of this First Supplemental Indenture, each reference in the Debentures to the Indenture including each term defined by
reference to the Indenture shall mean and be a reference to the Indenture or such term, as the case may be, as affected, amended and supplemented hereby. 


  

	 	(c)	 The Indenture, as amended and supplemented hereby, shall remain in full force and effect and is hereby ratified and confirmed.




  
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 Section 7. Addresses for Notices.    All
notices or other communications to be addressed to the Company as contemplated by Section 14.4 of the Indenture shall be addressed to the Successor Company as follows: 

Ameris Bancorp 
 310 First Street
S.E. 
 Moultrie, Georgia 31768 

Attention: Edwin W. Hortman, Jr. 

President and Chief Executive Officer 

Telephone:  (229) 890-6313 

Fax:  (229) 890-2235 

Email: edwin.hortman@amerisbank.com 

Section 8. Execution in Counterparts.    This First Supplemental Indenture may
be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed to be an original and all of which when taken together shall constitute but one and the
same instrument. 
 Section 9. Governing Law; Binding Effect.    This First
Supplemental Indenture shall be governed by and construed in accordance with the laws of the State of New York and shall be binding upon the parties hereto and their respective successors and assigns. 

Section 10. The Trustee.      The Trustee shall not be responsible in any
manner whatsoever for or in respect of the validity or sufficiency of this First Supplemental Indenture or the due execution thereof by the Company or the Successor Company. The recitals of fact contained herein shall be taken as the statements
solely of the Company or the Successor Company, and the Trustee assumes no responsibility for the correctness thereof. 
  

[Signatures on following page] 

  
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 IN WITNESS WHEREOF, the parties hereto have caused this First Supplemental
Indenture to be duly executed and effective as of the day and year first written above, by their respective officers thereunto duly authorized. 
  

 

					
	 DEUTSCHE BANK TRUST COMPANY

AMERICAS
  

	 By:
	 	 DEUTSCHE BANK NATIONAL

	 TRUST COMPANY
  

	 By:
	 	     /s/ Chris Niesz

		 	 Name:  Chris Niesz

		 	 Title:  Associate

 

	 By:
	 	     /s/ Kathryn Fischer

		 	 Name:  Kathryn Fischer

		 	 Title:  Associate



  

			
	 THE PROSPERITY BANKING COMPANY

 

	 By:
	 	   /s/ James E. Creamer, Jr.

		 	 James E. Creamer, Jr.

		 	 President and Chief Operating Officer

 

	 AMERIS BANCORP

 

	 By:
	 	   /s/ Edwin W. Hortman, Jr.

		 	 Edwin W. Hortman, Jr.

		 	 President and Chief Executive Officer



  
  

[Signature Page of First Supplemental Indenture –Prosperity Bank Statutory Trust I] 

  
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