Document:

Form of 5.253% Note due 2020

 Exhibit 4.3 

[FACE OF NOTE] 
 THIS SECURITY
IS A REGISTERED GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE THEREOF. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER
THAN THE DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE AND, UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR SECURITIES IN DEFINITIVE REGISTERED FORM, THIS SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A
WHOLE BY THE DEPOSITARY TO THE NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR
DEPOSITARY. 

 THE WESTERN UNION COMPANY 

 

			
	5.253% Note Due April 1, 2020	  	CUSIP: [                ]
		
	No. R-1	  	$[                    ]

The Western Union Company, a Delaware corporation (the “Company”, which term includes any successor under the Indenture
hereinafter referred to), for value received, promises to pay to Cede & Co., or its registered assigns, the principal sum of [            ] DOLLARS
($[            ]), or such other amount as indicated on the Schedule of Exchanges of Notes attached hereto, on April 1, 2020. 

Issue Date: [            ], 2010. 

Interest Payment Dates: April 1 and October 1, commencing October 1, 2010. 

Regular Record Dates: March 15 and September 15. 

Reference is hereby made to the further provisions of this Note set forth on the reverse hereof, which shall for all purposes have the
same effect as if set forth at this place. 
 [Signature page follows] 

 IN WITNESS WHEREOF, the Company has caused this Note to be signed manually or by
facsimile by its duly authorized officer. 
  

											
	Date:	 	 	 		 	THE WESTERN UNION COMPANY
						
		 		 		 	By:	 	 	 	 
		 		 		 	Name:	 	Scott E. Stevens
		 		 		 	Title:	 	Senior Vice President and Treasurer

 [Company Seal]

 (Trustee’s Certificate of Authentication) 

This is one of the Securities authorized to be issued pursuant to the Indenture referred to in this Note. 

 

			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee
		
	By:	 	  

		 	Authorized Signatory

 [REVERSE SIDE OF NOTE] 

THE WESTERN UNION COMPANY 

5.253% Note Due April 1, 2020 

1. Definitions. 

Terms not otherwise defined herein shall have the meanings ascribed to such terms in the Indenture dated as of November 17, 2006, as
amended by the Supplemental Indenture dated September 6, 2007, between the Company and Wells Fargo Bank, National Association, as Trustee (as amended from time to time, the “Indenture”). 

“Comparable Treasury Issue” means the United States Treasury security selected by the Quotation Agent as having a
maturity comparable to the remaining term of the Notes to be redeemed that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate notes of comparable maturity to the
remaining term of such Notes. 
 “Comparable Treasury Price” means, with respect to any redemption date,
(i) the average of three Reference Treasury Dealer Quotations for such redemption date, after excluding the highest and lowest such Reference Treasury Dealer Quotations, or (ii) if the Quotation Agent obtains fewer than three such
Reference Treasury Dealer Quotations, the average of all such quotations. 
 “Credit Facility” means the
amended and restated credit agreement, dated as of September 28, 2007, among The Western Union Company, the banks named therein, as lenders, Wells Fargo Bank, National Association, as a syndication agent, and Citibank, N.A., as administrative
agent, and any refinancings thereof. 
 “Guarantee Obligation” means as to any Person (the
“Guaranteeing Person”), and without duplication, any obligation of (a) the Guaranteeing Person or (b) another Person (including, without limitation, any bank under any letter of credit) to induce the creation of which the
Guaranteeing Person has issued a reimbursement, counterindemnity or similar obligation, in either case guaranteeing the payment or in effect guaranteeing the payment of any Indebtedness (the “Primary Obligations”) of any other third
Person (the “Primary Obligor”) in any manner, whether directly or indirectly, including, without limitation, any obligation of the Guaranteeing Person, whether or not contingent, (i) to purchase any such Primary Obligation or
any property constituting direct or indirect security therefor, (ii) to advance or supply funds (1) for the purchase or payment of any such Primary Obligation or (2) to maintain working capital or equity capital of the Primary Obligor
or otherwise to maintain the net worth or solvency of the Primary Obligor or (iii) to purchase property, 
  

 R-1 

 securities or services primarily for the purpose of assuring the owner of any such Primary Obligation of the
ability of the Primary Obligor to make payment of such Primary Obligation; provided, however, that the term Guarantee Obligation shall not include (x) endorsements of instruments for deposit or collection in the ordinary course of
business or (y) any bond or guarantee given by the Company or any Subsidiary on behalf of any Subsidiary solely for the performance of contractual obligations with customers or on behalf of customers in the ordinary course of business. The
amount of any Guarantee Obligation of any Guaranteeing Person shall be deemed to be the lower of (a) an amount equal to the stated or determinable amount of the primary payment obligation in respect of which such Guarantee Obligation is made
and (b) the maximum amount for which such Guaranteeing Person may be liable pursuant to the terms of the instrument embodying such Guarantee Obligation, unless such Primary Obligation and the maximum amount for which such Guaranteeing Person
may be liable are not stated or determinable, in which case the amount of such Guarantee Obligation shall be such Guaranteeing Person’s maximum reasonably anticipated liability in respect thereof as determined by the Company in good faith.

 “Primary Treasury Dealer” means a primary U.S. Government securities dealer in New York City. 

“Quotation Agent” means the Reference Treasury Dealer appointed by the Company. 

“Reference Treasury Dealer” means (i) J.P. Morgan Securities Inc., Citigroup Global Markets Inc. and Morgan
Stanley & Co. Incorporated, and their respective successors; provided, however, that if any of the foregoing shall cease to be a Primary Treasury Dealer, the Company will substitute therefor another Primary Treasury Dealer and
(ii) any other Primary Treasury Dealer selected by the Company. 
 “Reference Treasury Dealer Quotations”
means, with respect to each Reference Treasury Dealer and any redemption date, the average, as determined by the Company, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount)
quoted in writing to the Quotation Agent by such Reference Treasury Dealer at 5:00 p.m., New York City time, on the third Business Day preceding such redemption date. 

“Treasury Rate” means, with respect to any redemption date, the rate per annum equal to the semi-annual equivalent yield
to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption date. 

 

 R-1 

 2. Principal and Interest. 

The Company promises to pay the principal of this Note on April 1, 2020. 

The Company promises to pay interest on the principal amount of this Note on each interest payment date, as set forth on the face of this
Note, at the rate of 5.253% per annum. 
 Interest shall be payable semiannually in arrears (to the holders of record of
this Note at the close of business on the March 15 or September 15 immediately preceding the interest payment date) on each interest payment date, commencing October 1, 2010. 

Interest on this Note shall accrue from the most recent date to which interest has been paid or provided for on this Note or the Note
surrendered in exchange for this Note (or, if there is no existing default in the payment of interest and if this Note is authenticated between a regular record date and the next interest payment date, from such interest payment date) or, if no
interest has been paid, from the Issue Date. Interest shall be computed on the basis of a 360-day year of twelve 30-day months. 

Interest not paid when due and any interest on principal, premium or interest not paid when due shall be paid to the Persons that are
Holders on a special record date, which shall be the 15th day preceding the date fixed by the Company for the payment of such interest, whether or not such day is a business day. At least 15 days before a special record date, the Company shall send
to each Holder and to the Trustee a notice that sets forth the special record date, the payment date and the amount of interest to be paid. 

3. Indenture. 

This is one of the Securities issued under the Indenture. Capitalized terms used herein are used as defined in the Indenture unless
otherwise indicated. The terms of this Note include those stated in or otherwise provided in accordance with the Indenture and those made part of the Indenture by reference to the Trust Indenture Act. This Note is subject to all such terms, and
Holders are referred to the Indenture and the Trust Indenture Act for a statement of all such terms. To the extent permitted by applicable law, in the event of any inconsistency between the terms of this Note and the terms of the Indenture, the
terms of this Note shall control. 
 This Note is a general unsecured obligation of the Company. The Indenture does not limit
the original aggregate principal amount of the Notes, or any additional Securities that may be issued pursuant to the Indenture, and the Notes and all such additional Securities vote together for all purposes as a single class. 

 

 R-1 

 4. Redemption and Repurchase; Discharge Prior to Redemption or Maturity. 

The Company may redeem the Notes at its option, in whole at any time or in part from time to time, at a redemption price equal to the
greater of (i) 100% of the principal amount of the Notes to be redeemed, and (ii) as determined by the Quotation Agent, the sum of the present values of the remaining scheduled payments of principal and interest on the Notes to be redeemed
(not including any portion of such payments of interest accrued as of the date of redemption), discounted to the date of redemption on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate, plus 15
basis points plus, in each case, accrued interest thereon to the redemption date. 
 There is no sinking fund or mandatory
redemption applicable to this Note. 
 If the Company deposits with the Trustee money or U.S. Government Obligations sufficient
to pay the then outstanding principal of, premium, if any, and accrued interest on this Note to redemption or maturity, the Company may in certain circumstances be discharged from the Indenture and the Notes or may be discharged from certain of its
obligations under certain provisions of the Indenture. 
 5. Covenant Defeasance. 

The provisions in Article 8 of the Indenture relating to Discharge and Defeasance (including Sections 8.01, 8.05 and 8.06) shall be
applicable to the Notes. 
 6. Other Provisions. 

In addition to the covenants set forth in Article 4 of the Indenture, this Note is subject to the following additional covenant:

 Limitation on Indebtedness of Restricted Subsidiaries. The Company will not permit any Restricted Subsidiaries,
directly or indirectly, to create, incur, assume or suffer to exist any Indebtedness (which for purposes of this covenant shall include, without duplication, Guarantee Obligations) unless immediately thereafter the aggregate amount of (x) all
Indebtedness of Restricted Subsidiaries (excluding (A) any Guarantee Obligations in respect of Indebtedness under the Credit Facility, and (B) Indebtedness owed to the Company or a Restricted Subsidiary, including any renewal or
replacement of any of the obligations under clauses (A) or (B)), (y) the aggregate amount of indebtedness secured by Liens permitted under clause (11) of the definition of “Permitted Liens” contained in the Indenture and
(z) the discounted present value of all net rentals payable under 
  

 R-1 

 leases covered by Section 4.08 of the Indenture (and not expressly excluded therefrom) would not exceed
the greater of $300 million or 15% of Consolidated Net Worth; provided, however, that, solely, for the purposes of this covenant, Indebtedness shall not include indebtedness incurred in connection with (a) overdraft or similar facilities
related to settlement, clearing and related activities by a Restricted Subsidiary in the ordinary course of business consistent with past practice, (b) Purchased Receivables Financings, (c) to the extent the same constitutes Indebtedness,
obligations in respect of net capital adjustments and/or earn-out arrangements pursuant to a purchase or acquisition otherwise permitted under the Indenture, (d) obligations under performance bonds, surety bonds and letter of credit obligations
to provide security for worker’s compensation claims or other statutory obligations and obligations in respect of bank overdrafts not more than two days overdue, in each case, incurred in the ordinary course of business, (e) indebtedness
owing to insurance companies to finance insurance premiums incurred in the ordinary course of business and (f) Guarantee Obligations with respect to Indebtedness and other liabilities otherwise permitted under the Indenture; and provided,
further, that any Indebtedness of a Person (i) existing at the time such Person becomes a Restricted Subsidiary or is merged with or into the Company or a Restricted Subsidiary or other entity or (ii) assumed by the Company or a Subsidiary
in connection with the acquisition of all or a portion of the business of such Person, shall not be deemed to be Indebtedness created, incurred, assumed or guaranteed by a Restricted Subsidiary or otherwise deemed to be Indebtedness of a Restricted
Subsidiary for the purposes of this covenant. For purposes of this covenant only, “Indebtedness” shall not include any obligations of any Person under any Financing Lease if the obligations of the lessee in respect of such lease would not
have been required to be capitalized on a balance sheet of the lessee under United States generally accepted accounting principles as in effect on March 30, 2010. 

7. Registered Form; Denominations; Transfer; Exchange. 

The Notes are in registered form without coupons in denominations of $1,000 principal amount and any multiple of $1,000 in excess thereof.
A Holder may register the transfer or exchange of Notes in accordance with the Indenture. The Trustee may require a Holder to furnish appropriate endorsements and transfer documents and to pay any taxes and fees required by law or permitted by the
Indenture. Pursuant to the Indenture, there shall be certain periods during which the Trustee may not be required to issue, register the transfer of or exchange any Note or certain portions of a Note. 

8. Defaults and Remedies. 

If an Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in principal amount of the outstanding Notes
may declare all the Notes to be due and payable. Holders may not enforce the Indenture or the Notes 
  

 R-1 

 except as provided in the Indenture. The Trustee may require indemnity satisfactory to it before it enforces
the Indenture or the Notes. Subject to certain limitations provided in the Indenture, Holders of a majority in principal amount of the Notes then outstanding may direct the Trustee in its exercise of remedies. 

9. Amendment and Waiver. 

The Indenture and this Note may be amended, or default thereunder may be waived, in accordance with provisions set forth in the Indenture.

 10. Authentication. 

This Note is not valid until the Trustee (or Authenticating Agent) signs the certificate of authentication on the other side of this Note.

 11. Governing Law. 

The laws of the State of New York shall govern this Note, without regard to conflicts of law principles thereof. 

12. Abbreviations. 

Customary abbreviations may be used in the name of a Holder or an assignee, such as: TEN COM (= tenants in common), TEN ENT (= tenants by
the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian) and U/G/M/A/ (= Uniform Gifts to Minors Act). 

The Company shall furnish a copy of the Indenture to any Holder upon written request and without charge. 

 

 R-1 

 [FORM OF TRANSFER NOTICE] 

FOR VALUE RECEIVED the undersigned registered holder hereby sell(s), assign(s) and transfer(s) unto 

Insert Taxpayer Identification No. 
  

 
  
  

 
 (Please print or typewrite name
and address including zip code of assignee) 
  
  

the within Note and all rights thereunder, hereby irrevocably constituting and appointing 

 
  
  

 
 attorney to transfer said Note on the books of the Company with full power of
substitution in the premises. 

									
	Date:	 	  
	 		 	
		 		 		 	  

		 		 		 	Seller
					
		 		 		 	By	 	  

NOTICE: The signature to this assignment must correspond with the name as written upon the face of the within-mentioned instrument in
every particular, without alteration or any change whatsoever. 

					
	 Signature  

Guarantee:*  

 
	 	 
			
		 	 By  
	 	 
		 	 To be executed by an executive officer

 
  

	*	Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of the Registrar, which requirements include membership
or participation in the Securities Transfer Association Medallion Program (“STAMP”) or such other “signature guarantee program” as may be determined by the Registrar in addition to, or in substitution for, STAMP,
all in accordance with the Securities Exchange Act of 1934, as amended. 

 SCHEDULE OF EXCHANGES OF NOTES 

The following exchanges of a part of this Registered Global Security for other Securities or a part of another Registered Global Security have been made:

  

									
	 Date of Exchange
	 	
Amount of decrease
in principal amount
of this Registered
Global 
Security
	 	
Amount of increase
in principal amount
of this Registered
Global 
Security
	  	Principal amount of
this Registered
Global Security
following such
decrease 
(or
increase)	  	Signature of
authorized officer of
TrusteeSecond Amendment to the Note Purchase Agreement

 EXHIBIT 10.1 

EXECUTION COPY 

SECOND AMENDMENT TO 

NOTE PURCHASE AGREEMENT 

THIS SECOND AMENDMENT TO NOTE PURCHASE AGREEMENT (this “Amendment”), dated as of August 4, 2010, is entered into
among Navistar Financial Securities Corporation (the “Seller”), Navistar Financial Corporation (“Servicer”), Kitty Hawk Funding Corporation (“KHFC”), as a Conduit Purchaser, Liberty Street Funding
LLC (“Liberty Street”), as a Conduit Purchaser, The Bank of Nova Scotia (“BNS”), as a Managing Agent and a Committed Purchaser, and Bank of America, National Association (“Bank of America”), as a
Managing Agent, the Administrative Agent and a Committed Purchaser. 
 RECITALS 

A. The Seller, the Servicer, KHFC, Liberty Street, BNS and Bank of America are parties to that certain Note Purchase Agreement, dated as
of April 16, 2010 (as amended by the First Amendment to Note Purchase Agreement, dated as of June 21, 2010, and as further amended, supplemented or otherwise modified from time to time, the “Agreement”). 

B. Pursuant to Sections 2.04 and 11.01 of the Agreement, the parties to the Agreement desire to extend the Purchase
Expiration Date by amending the Agreement as hereafter set forth. 
 C. NOW THEREFORE, for good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 
 1. Amendment to Agreement. By
their signatures hereto, each of the parties hereto agrees that the Agreement is hereby amended as set forth in this Section 1. 

(A) The definition of “Purchase Expiration Date” in Section 1.01 of the Agreement is hereby amended by
deleting the date “August 24, 2010” where it appears therein and by inserting the date “August 3, 2011” in its place. 

2. Representations and Warranties. The Seller hereby represents and warrants to KHFC, Liberty Street, BNS and Bank of America
that, after giving effect to this Amendment, no potential Early Redemption Event or Early Redemption Event has occurred and is now continuing, and NFC hereby represents and warrants that, after giving effect to this Amendment, no potential Early
Redemption Event or Early Redemption Event or Servicer Termination Event has occurred and is now continuing. 
 3. Effect of
Amendment. All provisions of the Agreement, as amended by this Amendment, remain in full force and effect. After this Amendment becomes effective, all references in the Agreement to “this Agreement”, “hereof”,
“herein” or words of similar effect referring to the Agreement in the Agreement or in any other document relating to the Seller’s securitization program shall be deemed to be references to the Agreement as amended by this Amendment.
This Amendment shall not be deemed to expressly or impliedly waive, amend or supplement any provision of the Agreement other than as set forth herein. 

 4. Conditions Precedent. The effectiveness of this Amendment is subject to
(i) receipt of a certificate of the Seller and of the Servicer, each dated the date hereof, as to due execution, incumbency, good standing and other customary corporate matters and (ii) satisfaction of each of the conditions precedent
described in Section 2.04 of the Agreement. 
 5. Counterparts. This Amendment may be executed in any number
of counterparts and by different parties on separate counterparts, and each counterpart shall be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument. 

6. Governing Law. This Amendment shall be governed by, and construed in accordance with, the internal laws of the State of New
York without regard to any otherwise applicable principles of conflicts of law. 
 7. Section Headings. The various
headings of this Amendment are inserted for convenience only and shall not affect the meaning or interpretation of this Amendment or the Agreement or any provision hereof or thereof. 

[signatures on next page] 
  

 2 

 IN WITNESS WHEREOF, the parties have caused this Amendment to be executed by their
respective officers thereunto duly authorized, as of the date first above written. 
  

			
	NAVISTAR FINANCIAL SECURITIES CORPORATION, as Seller

			
		
	By:	 	 /s/ M.E. Kummer

	Name:	 	 M.E. Kummer

	Title:	 	 Assistant Treasurer

			
	
	 NAVISTAR FINANCIAL CORPORATION,

as Servicer

			
		
	By:	 	 /s/ M.E. Kummer

	Name.	 	 M.E. Kummer

	Title:	 	 Assistant Treasurer

 

 S-1 

			
	 KITTY HAWK FUNDING CORPORATION,

as a Conduit Purchaser for the KHFC Purchaser Group

		
	By:	 	 /s/ Michael R. Newell

	Name:	 	 Michael R. Newell

	Title:	 	 Vice President

 

			
	BANK OF AMERICA, NATIONAL ASSOCIATION. as a Committed Purchaser and Managing Agent for the KHFC Purchaser Group

			
		
	By:	 	 /s/ J. Matthew Zimmerman

	Name:	 	 J. Matthew Zimmerman

	Title:	 	 Vice President

			
	
	BANK OF AMERICA, NATIONAL ASSOCIATION, as Administrative Agent

			
		
	By:	 	 /s/ J. Matthew Zimmerman

	Name:	 	 J. Matthew Zimmerman

	Title:	 	 Vice President

 

 S-2 

			
	THE BANK OF NOVA SCOTIA,
	as a Committed Purchaser and Managing Agent for the Liberty Street Purchaser Group
		
	By:	 	 /s/ Darren Ward

	Name:	 	 Darren Ward

	Title:	 	 Director

 

			
	 LIBERTY STREET FUNDING LLC,

as a Conduit Purchaser for the Liberty Street Purchaser Group

		
	By:	 	 /s/ Jill A. Russo

	Name:	 	 Jill A. Russo

	Title:	 	 Vice President

 

 S-3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00176-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00176-of-00352.parquet"}]]