Document:

exv4wf

Exhibit 4(f)

SECOND SUPPLEMENTAL INDENTURE

     SECOND SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of July 24,
2009, among DENBURY GREEN PIPELINE-TEXAS, LLC (the “New Subsidiary Guarantor”), an
indirect, wholly-owned subsidiary of Denbury Resources Inc. (the “Company”), DENBURY
RESOURCES INC., a Delaware corporation, on behalf of itself and the Subsidiary Guarantors (the
“Existing Subsidiary Guarantors”) under the Indenture referred to below, and THE BANK OF
NEW YORK MELLON TRUST COMPANY, N.A., as trustee under the indenture referred to below (the
“Trustee”).

W I T N E S S E T H :

     WHEREAS the Company has heretofore executed and delivered to the Trustee an Indenture dated as
of December 7, 2005, (the “Indenture”), and the First Supplemental Indenture dated as of
April 3, 2007, providing for the issuance of 71/2% Senior Subordinated Notes Due 2015 (the
“Securities”);

     WHEREAS the Company desires to cause the New Subsidiary Guarantor to execute and deliver to
the Trustee a supplemental indenture pursuant to which the New Subsidiary Guarantor shall fully and
unconditionally guarantee all of the Company’s obligations under the Securities pursuant to a
Subsidiary Guarantee on the terms and conditions set forth herein; and

     WHEREAS pursuant to Section 9.01 of the Indenture, the Trustee, the Company and Existing
Subsidiary Guarantors are authorized to execute and deliver this Supplemental Indenture;

     NOW THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, the New Subsidiary Guarantor, the
Company, the Existing Subsidiary Guarantors and the Trustee mutually covenant and agree for the
equal and ratable benefit of the holders of the Securities as follows:

     1. Definitions. (a) Capitalized terms used herein without definition shall have the
meanings assigned to them in the Indenture.

     (b) For all purposes of this Supplemental Indenture, except as otherwise herein expressly
provided or unless the context otherwise requires: (i) the terms and expressions used herein shall
have the same meanings as corresponding terms and expressions used in the Indenture; and (ii) the
words “herein,” “hereof” and “hereby” and other words of similar import used in this Supplemental
Indenture refer to this Supplemental Indenture as a whole and not to any particular section hereof.

     2. Agreement to Guarantee. The New Subsidiary Guarantor hereby agrees, jointly and
severally with all other Existing Subsidiary Guarantors, to guarantee the Company’s

Denbury Resources Inc.

Guarantor Supplemental Indenture

Notes due 2015

 

 

obligations under the Securities on the terms and subject to the conditions set forth in
Article 11 of the Indenture and to be bound by all other applicable provisions of the Indenture.

     3. Ratification of Indenture; Supplemental Indentures Part of Indenture. Except as
expressly amended hereby, the Indenture is in all respects ratified and confirmed and all the
terms, conditions and provisions thereof shall remain in full force and effect. This Supplemental
Indenture shall form a part of the Indenture for all purposes, and every holder of Securities
heretofore or hereafter authenticated and delivered shall be bound hereby.

     4. Governing Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

     5. Trustee Makes No Representation. The Trustee makes no representation as to the
validity or sufficiency of this Supplemental Indenture.

     6. Counterparts. The parties may sign any number of copies of this Supplemental
Indenture. Each signed copy shall be an original, but all of them together represent the same
agreement.

     7. Effect of Headings. The Section headings herein are for convenience only and shall
not effect the construction thereof.

Denbury Resources Inc.

Guarantor Supplemental Indenture

Notes due 2015

2

 

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

	 	 	 	 	 
	 	DENBURY GREEN PIPELINE-TEXAS, LLC

 	 
	 	   By:  	/s/ Phil Rykhoek
 	 
	 	   Name:  	Phil Rykhoek 	 
	 	   Title:  	Chief Executive Officer 	 
	 
	 	DENBURY RESOURCES INC., on behalf of itself and

the Existing Subsidiary Guarantors,

 	 
	 	   By:  	/s/ Phil Rykhoek
 	 
	 	   Name:  	Phil Rykhoek 	 
	 	   Title:  	Chief Executive Officer 	 
	 

Denbury Resources Inc.

Guarantor Supplemental Indenture

Notes due 2015

3

 

	 	 	 	 	 
	 	THE BANK OF NEW YORK MELLON TRUST 
COMPANY,
N.A., as Trustee,

 	 
	 	   By:  	/s/ Julie Hoffman-Ramos
 	 
	 	   Name:  	Julie Hoffman-Ramos 	 
	 	   Title:  	Assistant Treasurer 	 
	 

Denbury Resources Inc.

Guarantor Supplemental Indenture

Notes due 2015

4exv4wh

Exhibit 4(h)

FIRST SUPPLEMENTAL INDENTURE

     FIRST SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of June 30,
2009, among DENBURY RESOURCES INC., a Delaware corporation (the “Company”), the subsidiary
guarantors (the “Subsidiary Guarantors”) which are parties to the Indenture (as defined
below), and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. (the “Trustee”).

W I T N E S S E T H :

     WHEREAS the Company, the Subsidiary Guarantors and the Trustee have heretofore executed and
delivered an indenture (the “Indenture”) dated as of February 13, 2009, providing for the
issuance of 9.75% Senior Subordinated Notes Due 2016 (the “Securities”);

     WHEREAS on February 13, 2009 (the “Original Issue Date”), the Company issued
$420,000,000 aggregate principal amount of Securities in accordance with the terms of the
Indenture;

     WHEREAS Section 2.13 of the Indenture provides the Company shall be entitled, subject to its
compliance with Section 4.03 of the Indenture, to issue additional Securities under the Indenture,
which additional Securities are required to have terms identical to the terms of the Securities
issued on the Original Issue Date, other than with respect to the date of issuance and issue price,
and which shall be treated as a single class for all purposes under the Indenture as the Securities
issued on the Original Issue Date; and

     WHEREAS the Trustee, the Company and the Subsidiary Guarantors desire to enter into this
Supplemental Indenture in order to effect the issuance of $6,350,000 aggregate principal amount of
additional Securities (the “Additional Securities”);

     NOW THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, the Company, the Subsidiary Guarantors
and the Trustee mutually covenant and agree for the benefit of the Holder of the Additional
Securities as follows:

     1. Definitions. (a) Capitalized terms used herein without definition shall have the
meanings assigned to them in the Indenture.

     (b) For all purposes of this Supplemental Indenture, except as otherwise herein expressly
provided or unless the context otherwise requires: (i) the terms and expressions used herein shall
have the same meanings as corresponding terms and expressions used in the Indenture; and (ii) the
words “herein,” “hereof” and “hereby” and other words of similar import used in this Supplemental
Indenture refer to this Supplemental Indenture as a whole and not to any particular section hereof.

Denbury Resources Inc.

First Supplemental Indenture

Notes due 2016

 

 

     2. Agreement to Issue. On the date hereof, upon receipt of a written order of the
Company signed by two Officers of the Company (an “Authentication Order”), the Trustee
shall authenticate and deliver the Additional Securities as specified in such Authentication Order;
provided that the Trustee shall be entitled to receive an Officers’ Certificate and an
Opinion of Counsel of the Company that it may reasonably request in connection with such
authentication of the Additional Securities. Such Company Order shall specify the aggregate
principal amount of Securities or Additional Securities to be authenticated and the date on which
the issue of the Additional Securities is to be authenticated, and shall certify that such issuance
is in compliance with Section 4.03 of the Indenture.

     3. Additional Securities under the Indenture. The parties hereto agree that the
Additional Securities constitute “Additional Securities” as such term is defined in the Indenture.

     4. Conditions Deemed Met. The conditions set forth in the second paragraph of Section
2.13 of the Indenture are deemed met.

     5. Ratification of Indenture; Supplemental Indentures Part of Indenture. Except as
expressly supplemented hereby, the Indenture is in all respects ratified and confirmed and all the
terms, conditions and provisions thereof shall remain in full force and effect. This Supplemental
Indenture shall form a part of the Indenture for all purposes, and every Holder of Securities or
Additional Securities shall be bound hereby.

     6. Governing Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

     7. Trustee Makes No Representation. The Trustee makes no representation as to the
validity or sufficiency of this Supplemental Indenture.

     8. Counterparts. The parties may sign any number of copies of this Supplemental
Indenture. Each signed copy shall be an original, but all of them together represent the same
agreement.

     9. Effect of Headings. The Section headings herein are for convenience only and shall
not effect the construction thereof.

[Signature pages follow]

Denbury Resources Inc.

First Supplemental Indenture

Notes due 2016

2

 

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

	 	 	 	 	 
	 	DENBURY RESOURCES INC.,

 	 
	 	   By:  	/s/
Phil Rykhoek	 
	 	   Name:  	Phil Rykhoek 	 
	 	   Title:  	Senior Vice President and Chief
Financial Officer 
	 
	 	SUBSIDIARY GUARANTORS:

DENBURY ONSHORE, LLC,

 	 
	 	   By:	/s/
Phil Rykhoek	 
	 	 	 	Name: Phil Rykhoek 	 
	 	 	 	Title: Senior Vice President and Chief
Financial Officer 
	 
	 	DENBURY GATHERING & MARKETING, INC.,

 	 
	 	   By:	/s/
Phil Rykhoek	 
	 	 	 	Name: Phil Rykhoek 	 
	 	 	 	Title: Senior Vice President and Chief
Financial Officer 
	 
	 	DENBURY OPERATING COMPANY,

 	 
	 	   By:	/s/
Phil Rykhoek	 
	 	     	Name: Phil Rykhoek 	 
	 	     	Title: Senior Vice President and Chief
Financial Officer 	 
	 
	 	DENBURY MARINE, L.L.C.,

 	 
	 	   By:	/s/
Phil Rykhoek	 
	 	  	Name: Phil Rykhoek 	 
	 	  	Title: Senior Vice President and Chief
Financial Officer 	 
	 

Denbury Resources Inc.

First Supplemental Indenture

Notes due 2016

3

 

	 	 	 	 	 
	 	TUSCALOOSA ROYALTY FUND LLC,

By:   Denbury Operating Company, 
         its sole member

 	 
	 	   By:	/s/
Phil Rykhoek	 
	 	  	Name: Phil Rykhoek 	 
	 	  	Title: Senior Vice President and Chief
Financial Officer 	 
	 
	 	DENBURY GREEN PIPELINE-TEXAS, LLC

 	 
	 	   By:	/s/
Phil Rykhoek	 
	 	  	Name: Phil Rykhoek 	 
	 	  	Title: Senior Vice President and Chief
Financial Officer 	 
	 

Denbury Resources Inc.

First Supplemental Indenture

Notes due 2016

4

 

	 	 	 	 	 
	 	TRUSTEE:

THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.

 	 
	 	    By:	/s/ Julie Hoffman-Ramos	 
	 	    Name: 	Julie Hoffman-Ramos 	 
	 	    Title:	Assistant Treasurer 	 
	 

Denbury Resources Inc.

First Supplemental Indenture

Notes due 2016

5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00169-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00169-of-00352.parquet"}]]