Document:

exv4w1

Exhibit 4.1

 

 

VECTOR GROUP LTD.

ACCOMMODATIONS ACQUISITION CORPORATION

AND EACH OF THE GUARANTORS PARTY HERETO

11% SENIOR SECURED NOTES DUE 2015

 

FIFTH SUPPLEMENTAL INDENTURE

Dated as of December 16, 2010

To

INDENTURE

Dated as of August 16, 2007

As supplemented by First Supplemental Indenture dated as of July 15, 2008,

Second Supplemental Indenture dated as of September 1, 2009,

Third Supplemental Indenture dated as of April 20, 2010 and

Fourth Supplemental Indenture dated as of December 3, 2010

 

U.S. BANK NATIONAL ASSOCIATION

as Trustee and as Collateral Agent

 

 

 

 

FIFTH SUPPLEMENTAL INDENTURE

     Fifth Supplemental Indenture (this “Fifth Supplemental Indenture”),
dated as of December 16, 2010, among Accommodations Acquisition Corporation, a Delaware corporation
(the “Guaranteeing Subsidiary”) and a subsidiary of Vector Group Ltd., a Delaware
corporation (the “Company”), the Company, the Guarantors (as defined in the Base Indenture
referred to herein) and U.S. Bank National Association, as Trustee and Collateral Agent (the
“Trustee”).

WITNESSETH

     WHEREAS, the Company and the Guarantors have heretofore executed and delivered an Indenture,
dated as of August 16, 2007 (the “Base Indenture”), as supplemented by a First Supplemental
Indenture, dated as of July 15, 2008 (the “First Supplemental Indenture”), a Second
Supplemental Indenture, dated as of September 1, 2009 (the “Second Supplemental
Indenture”), a Third Supplemental Indenture, dated as of April 20, 2010 (the “Third
Supplemental Indenture”), and a Fourth Supplemental Indenture, dated as of December 3, 2010
(the “Fourth Supplemental Indenture” and, together with the Base Indenture, the First
Supplemental Indenture, the Second Supplemental Indenture and the Third Supplemental Indenture, the
“Indenture”), providing for the issuance by the Company of its 11% Senior Secured Notes due
2015 (the “Notes”);

     WHEREAS, pursuant to Section 9.01(4) of the Indenture, the Company, the Guarantors and the
Trustee may amend the Indenture without the consent of any Holders of Notes to provide additional
rights or benefits to the Holders of Notes;

     WHEREAS, amending the Indenture to include the Guaranteeing Subsidiary within the definition
of “Guarantors” would provide additional rights and benefits to the Holders of Notes;

     WHEREAS, the Indenture requires that an entity that constitutes a Guarantor shall join the
Company and the existing Guarantors in executing and delivering to the Trustee a supplemental
indenture pursuant to which such entity shall unconditionally guarantee all of the Company’s
Obligations under the Notes and the Indenture on the terms and conditions set forth herein (the
“Note Guarantee”); and

     WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee is authorized to execute and
deliver this Fifth Supplemental Indenture.

     NOW, THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, the Company, the Guarantors, the
Trustee and the Guaranteeing Subsidiary mutually covenant and agree for the equal and ratable
benefit of the Holders of the Notes as follows:

     1. Capitalized Terms. Capitalized terms used herein without definition shall have
the meanings assigned to them in the Indenture. The rules of interpretation set forth in the
Indenture shall be applied here as if set forth in full herein.

     2. Definition of Guarantors. The following definition of “Guarantors” is hereby
amended by the addition of the bold language:

“Guarantors” means each of:

     (1) the Liggett Guarantors;

2

 

     (2) the Domestic Subsidiaries of the Company on the date of this Base Indenture, other than
the New Valley Subsidiaries, and Accommodations Acquisition Corporation, a Delaware corporation;
and

     (3) any other Subsidiary of the Company that executes a Note Guarantee in accordance with the
provisions of this Indenture,

     and their respective successors and assigns, in each case, until the Note Guarantee of such Person
has been released in accordance with the provisions of this Indenture.

     3. Agreement to Guarantee. The Guaranteeing Subsidiary hereby agrees to provide an
unconditional Guarantee on the terms and subject to the conditions set forth in the Note Guarantee
and in the Indenture including but not limited to Article 11 thereof.

     4. Miscellaneous Provisions.

     (a) The Trustee makes no undertaking or representation in respect of, and shall not be
responsible in any manner whatsoever for and in respect of, the validity or sufficiency of this
Fifth Supplemental Indenture or the proper authorization or the due execution hereof by the Company
or for or in respect of the recitals and statements contained herein, all of which recitals and
statements are made solely by the Company.

     (b) On the date hereof, the Indenture shall be supplemented and amended in accordance
herewith, and this Fifth Supplemental Indenture shall form part of the Indenture for all purposes,
and the Holder of every Note heretofore or hereafter authenticated and delivered under the
Indenture shall be bound thereby. The Trustee accepts the trusts created by the Indenture, as
amended and supplemented by this Fifth Supplemental Indenture, and agrees to perform the same upon
the terms and conditions of the Indenture, as amended and supplemented by this Fifth Supplemental
Indenture.

     (c) This Fifth Supplemental Indenture shall be deemed to be incorporated in, and made a part
of, the Indenture. The Indenture, as amended and supplemented by this Fifth Supplemental
Indenture, shall be read, taken and construed as one and the same instrument and the all the
provisions of the Indenture shall remain in full force and effect in accordance with the terms
thereof and as amended and supplemented by this Fifth Supplemental Indenture.

     (d) THIS FIFTH SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH,
THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO ANY PRINCIPLES OF CONFLICTS OF LAWS THAT WOULD
RESULT IN THE APPLICATION OF THE LAWS OF ANY OTHER JURISDICTION.

     (e) This Fifth Supplemental Indenture may be executed in any number of counterparts, each of
which so executed shall be deemed to be an original, but all such counterparts shall together
constitute but one and the same instrument.

[Signature Pages Follow]

3

 

IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed
and attested, all as of the date first above written.

	 	 	 	 	 
	 	COMPANY:

VECTOR GROUP LTD.

 	 
	 	By:  	/s/ Marc N. Bell
 	 
	 	 	Name:  	Marc N. Bell 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	GUARANTEEING SUBSIDIARY:

ACCOMMODATIONS ACQUISITION CORPORATION

 	 
	 	By:  	/s/ Marc N. Bell
 	 
	 	 	Name:  	Marc N. Bell 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	GUARANTORS:

VGR HOLDING LLC

 	 
	 	By:  	/s/ Marc N. Bell
 	 
	 	 	Name:  	Marc N. Bell 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	LIGGETT GROUP LLC

 	 
	 	By:  	/s/ John R. Long
 	 
	 	 	Name:  	John R. Long 	 
	 	 	Title:  	Vice President 	 
	 

Fifth Supplemental Indenture Signature Page

 

 

	 	 	 	 	 
	 	LIGGETT VECTOR BRANDS INC.

 	 
	 	By:  	/s/ John R. Long
 	 
	 	 	Name:  	John R. Long 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	VECTOR RESEARCH LLC

 	 
	 	By:  	/s/ Marc N. Bell
 	 
	 	 	Name:  	Marc N. Bell 	 
	 	 	Title:  	Senior Vice President 	 
	 

	 	 	 	 	 
	 	VECTOR TOBACCO INC.

 	 
	 	By:  	/s/ Marc N. Bell
 	 
	 	 	Name:  	Marc N. Bell 	 
	 	 	Title:  	Senior Vice President 	 
	 

	 	 	 	 	 
	 	LIGGETT & MYERS HOLDINGS INC.

 	 
	 	By:  	/s/ Marc N. Bell
 	 
	 	 	Name:  	Marc N. Bell 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	LIGGETT & MYERS INC.

 	 
	 	By:  	/s/ John R. Long
 	 
	 	 	Name:  	John R. Long 	 
	 	 	Title:  	Secretary 	 
	 

Fifth Supplemental Indenture Signature Page

 

 

	 	 	 	 	 
	 	100 MAPLE LLC

 	 
	 	By:  	/s/ John R. Long
 	 
	 	 	Name:  	John R. Long 	 
	 	 	Title:  	Secretary 	 
	 

	 	 	 	 	 
	 	V.T. AVIATION LLC

 	 
	 	By:  	/s/ Francis G. Wall
 	 
	 	 	Name:  	Francis G. Wall 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	VGR AVIATION LLC

 	 
	 	By:  	/s/ Francis G. Wall
 	 
	 	 	Name:  	Francis G. Wall 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	EVE HOLDINGS INC.

 	 
	 	By:  	/s/ Marc N. Bell
 	 
	 	 	Name:  	Marc N. Bell 	 
	 	 	Title:  	Vice President 	 
	 

Fifth Supplemental Indenture Signature Page

 

 

	 	 	 	 	 
	 	TRUSTEE AND COLLATERAL AGENT:

U.S. BANK NATIONAL ASSOCIATION

 	 
	 	By:  	/s/ Joshua A. Hahn
 	 
	 	 	Name:  	Joshua A. Hahn 	 
	 	 	Title:  	Assistant Vice President 	 
	 

Fifth Supplemental Indenture Signature Pageexv4w2

Exhibit 4.2

JOINDER AGREEMENT TO REGISTRATION RIGHTS AGREEMENT

December 16, 2010

Pursuant to Section 10 of the Registration Rights Agreement (the “Registration Rights
Agreement”), dated as of December 3, 2010, by and among Vector Group Ltd., a Delaware
corporation (the “Company”), the subsidiaries of the Company listed on the signature pages
thereto and Jefferies & Company, Inc. (the “Initial Purchaser”), Accommodations Acquisition
Corporation, a Delaware corporation (the “New Guarantor”), hereby executes this Joinder
Agreement to the Registration Rights Agreement (the “Joinder Agreement”). By execution and
delivery of this Joinder Agreement, the New Guarantor agrees to become party to, Guarantor under
and bound by, the terms and conditions of the Registration Rights Agreement.

[Signature Page Follows]

 

 

IN WITNESS WHEREOF, this Joinder Agreement has been duly executed as of the date first above
written.

	 	 	 	 	 
	 	ACCOMMODATIONS ACQUISITION CORPORATION

 	 
	 	By:  	/s/ Marc N. Bell
 	 
	 	 	Name:  	Marc N. Bell 	 
	 	 	Title:  	Vice President 	 
	 

Joinder
Agreement Signature Page

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