Document:

Exhibit 4.7

Exhibit 4.7

RED OAK MERGER CORPORATION

 
 

SECOND SUPPLEMENTAL INDENTURE

Dated as of July 1, 2008

Supplementing the Indenture, dated

as of November 8, 2006, among

Countrywide Financial Corporation (formerly Countrywide Credit Industries, Inc.),

Countrywide Home Loans, Inc. (formerly Countrywide Funding Corporation),

and

The Bank of New York Mellon (formerly known as The Bank of New York), as Trustee,
as supplemented by Supplemental Indenture,
dated as of November 8, 2006, between Countrywide Financial Corporation and The Bank of New York
Mellon (formerly known as The Bank of New York), as Trustee.

 

 

THIS SECOND SUPPLEMENTAL INDENTURE, dated as of July 1, 2008 (the “Second Supplemental Indenture”),
is made by and among RED OAK MERGER CORPORATION, a Delaware corporation (the “Corporation”),
COUNTRYWIDE FINANCIAL CORPORATION (formerly Countrywide Credit Industries, Inc.), a Delaware
corporation (“Issuer”), COUNTRYWIDE HOME LOANS, INC. (formerly Countrywide Funding Corporation), a
New York corporation (“Guarantor”), and THE BANK OF NEW YORK MELLON (formerly known as The Bank of
New York), a New York banking corporation, as Trustee (the “Trustee”) under the Indenture referred
to herein.

W I T N E S S E T H:

WHEREAS, Issuer, the Guarantor and the Trustee were parties to an Indenture dated as of November
8, 2006, as supplemented by Supplemental Indenture, dated as of November 8, 2006, between
Countrywide Financial Corporation and The Bank of New York Mellon (formerly known as The Bank of
New York), as Trustee (as amended and supplemented, the “Indenture”), providing for the issuance
of Debt Securities;

     WHEREAS, there is outstanding under the terms of the Indenture one or more series of notes
as Debt Securities (the “Securities”);

     WHEREAS, Bank of America Corporation, Issuer and the Corporation have entered into an
Agreement and Plan of Merger (the “Merger Agreement”), dated as of January 11, 2008, pursuant to
which Issuer will merge with and into the Corporation (the “Merger”), with the Corporation as the
surviving corporation in the Merger;

     WHEREAS, the Merger is expected to be consummated on July 1, 2008;

     WHEREAS, Section 8.1 of the Indenture provides that in the case of a merger of Issuer, the
surviving corporation shall expressly assume by supplemental indenture all the obligations and
covenants under the Securities and the Indenture to be performed and observed by Issuer;

     WHEREAS, Section 9.1(1) of the Indenture provides that Issuer and the
Guarantor, with the authorization of a Board of Directors and the Trustee, may amend the Indenture
without notice to or consent of any holders of the Securities to evidence the succession of another
corporation to Issuer by merger and the assumption by the successor corporation of the obligations
and covenants of Issuer under the Indenture;

     WHEREAS, this Second Supplemental Indenture has been duly authorized by all necessary
corporate action on the part of each of Issuer, the Guarantor and the Corporation;

     WHEREAS, the Trustee has determined this Second Supplemental Indenture is satisfactory to it
in form; and

 

 

     WHEREAS, all things necessary to make this Second Supplemental Indenture a valid indenture
and agreement according to its terms have been done.

     NOW, THEREFORE, in consideration of these premises, Issuer, the Guarantor, the Corporation
and the Trustee agree as follows for the equal and ratable benefit of the holders of the
Securities:

ARTICLE I

ASSUMPTION BY SUCCESSOR CORPORATION

AND SUPPLEMENTAL PROVISIONS

     SECTION 1.1 Assumption of the Securities.

     (a) The Corporation hereby represents and warrants that

     (i) it is a corporation organized and existing under the laws of the State of
Delaware and is the surviving corporation in the Merger; and

     (ii) the execution, delivery and performance of this Second
Supplemental Indenture has been duly authorized by the Board of Directors of the
Corporation.

     (b) The Corporation hereby expressly assumes the due and punctual payment of the principal of
(and premium, if any) and any interest on all the Securities and the due and punctual performance
and observance of every covenant of the Indenture on the part of Issuer to be performed or
observed.

     SECTION 1.2 Name. Effective July 1, 2008, the name of Issuer, as the successor
corporation under the Indenture, shall be “Red Oak Merger Corporation.”

     SECTION 1.3 Trustee’s Acceptance. The Trustee hereby accepts this Second Supplemental
Indenture and agrees to perform the same under the terms and conditions set forth in the
Indenture.

ARTICLE II

MISCELLANEOUS

     SECTION 2.1 Effect of Supplemental Indenture. Upon the later to occur of (i) the execution and
delivery of this Second Supplemental Indenture by the Corporation, Issuer, the Guarantor and the
Trustee and (ii) the effective time of the Merger, the Indenture shall be supplemented in
accordance herewith, and this Second Supplemental Indenture shall form a part of the Indenture for
all purposes, and every holder of Securities heretofore or hereafter authenticated and delivered
under the Indenture shall be bound thereby.

     SECTION 2.2 Indenture Remains in Full Force and Effect. Except as supplemented hereby, all
provisions in the Indenture shall remain in full force and effect.

2

 

     SECTION 2.3 Indenture and Supplemental Indentures Construed Together.
This Second Supplemental Indenture is an indenture supplemental to and in implementation
of the Indenture, and the Indenture and this Second Supplemental Indenture shall
henceforth be read and construed together.

     SECTION 2.4 Confirmation and Preservation of Indenture. The Indenture as supplemented by this
Second Supplemental Indenture is in all respects confirmed and preserved.

     SECTION 2.5 Conflict with Trust Indenture Act. If any provision of this Second Supplemental
Indenture limits, qualifies or conflicts with any provision of the Trust Indenture Act (the “TIA”)
that is required under the TIA to be part of and govern any provision of this Second Supplemental
Indenture, the provision of the TIA shall control. If any provision of this Second Supplemental
Indenture modifies or excludes any provision of the TIA that may be so modified or excluded, the
provision of the TIA shall be deemed to apply to the Indenture as so modified or to be excluded by
this Second Supplemental Indenture, as the case may be.

     SECTION 2.6 Severability. 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.

     SECTION 2.7 Terms Defined in the Indenture. All capitalized terms not otherwise defined
herein shall have the meanings ascribed to them in the Indenture.

     SECTION 2.8 Addresses for Notice, etc., to the Corporation and Trustee.
Any notice or demand which by any provisions of this Second Supplemental Indenture or the Indenture
is required or permitted to be given or served by the Trustee or by the holders of Securities to or
on the Corporation may be given or served by postage prepaid first class mail addressed (until
another address if filed by the Corporation with the Trustee) as follows:

Bank of America Corporation

Bank of America Corporate Center

100 North Tryon Street

NC1-007-07-13

Corporate Treasury Division

Charlotte, North Carolina 28255

Telephone: (980) 387-3776

Facsimile: (980) 387-8794

Attention: B. Kenneth Burton, Jr.

Together with a copy to:

Bank of America Corporation

3

 

Legal Department

NC1-002-29-01

101 South Tryon Street

Charlotte, North Carolina 28255

Telephone: (704) 386-4238

Facsimile: (704) 386-1670

Attention: Teresa M. Brenner, Esq.

     SECTION 2.8 Headings. The Article and Section headings of this Second Supplemental Indenture
have been inserted for convenience of reference only, are not to be considered part of this
Second Supplemental Indenture and shall in no way modify or restrict any of the terms or
provisions hereof.

     SECTION 2.9 Benefits of Second Supplemental Indenture, etc. Nothing in this Second
Supplemental Indenture or the Securities, express or implied, shall give to any Person, other
than the parties hereto and thereto and their successors hereunder and thereunder and the
holders of the Securities, any benefit of any legal or equitable right, remedy or claim under
the Indenture, this Second Supplemental Indenture or the Securities.

     SECTION 2.10 Certain Duties and Responsibilities of the Trustees. In entering into this Second
Supplemental Indenture, the Trustee shall be entitled to the benefit of every provision of the
Indenture relating to the conduct or affecting the liability or affording protection to the
Trustee, whether or not elsewhere herein so provided.

     SECTION 2.11 Counterparts. The parties may sign any number of copies of this Second
Supplemental Indenture. Each signed copy shall be an original, but all of them together
represent the same agreement.

     SECTION 2.12 Governing Law. This Second Supplemental Indenture shall be governed by, and
construed in accordance with, the laws of the State of New York but without giving effect to
applicable principles of conflicts of law to the extent that the application of the laws of
another jurisdiction would be required thereby.

     SECTION 2.13 Trustee Not Responsible for Recitals. The recitals contained herein (other than
the eighth recital) shall be taken as the statements of the Corporation, the Issuer and the
Guarantor, as the case may be, and the Trustee assumes no responsibility for their correctness.
The Trustee makes no representation as to the validity or sufficiency of this Second Supplemental
Indenture.

[Signature Page Follows]

4

 

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

	 	 	 	 	 	 	 
	 	 	THE CORPORATION:	 	 
	 
	 	 	 	 	 	 
	 	 	Red Oak Merger Corporation	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ Joe
L. Price 	 	 
	 

	 	Name:
	 	Joe L. Price
	 	 
	 

	 	Title:	 	Chief Financial Officer 	 	 

 

 

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

	 	 	 	 	 	 	 
	 	 	ISSUER:	 	 
	 
	 	 	 	 	 	 
	 	 	Countrywide Financial Corporation (formerly Countrywide
Credit Industries, Inc.)	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ JENNIFER S. SANDEFUR 	 	 
	 

	 	Name:
	 	Jennifer S. Sandefur
	 	 
	 

	 	Title:	 	Senior Managing Director, Treasurer 	 	 
	 
	 	 	 	 	 	 
	 	 	GUARANTOR:	 	 
	 
	 	 	 	 	 	 
	 	 	Countrywide Home Loans, Inc. (formerly
Countrywide Funding Corporation)	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ JENNIFER S. SANDEFUR 	 	 
	 

	 	Name:
	 	Jennifer S. Sandefur
	 	 
	 

	 	Title:	 	Senior Managing Director, Treasurer 	 	 

 

 

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

	 	 	 	 	 	 	 
	 	 	THE TRUSTEE:	 	 
	 
	 	 	 	 	 	 
	 	 	The Bank of New York Mellon	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/
RAFAEL E. MIRANDA 	 	 
	 

	 	Name:
	 	Rafael E. Miranda
	 	 
	 

	 	Title:	 	Vice PresidentExhibit 4.8

Exhibit 4.8

RED OAK MERGER CORPORATION

 

FIRST SUPPLEMENTAL INDENTURE

Dated as of July 1, 2008

Supplementing the Indenture, dated

as of June 4, 1997, among

Countrywide Home Loans, Inc.,

Countrywide Financial Corporation (formerly Countrywide Credit Industries, Inc.),

and

The Bank of New York Mellon (formerly known as The Bank of New York), as Trustee.

 

 

THIS FIRST SUPPLEMENTAL INDENTURE, dated as of July 1, 2008 (the “First Supplemental
Indenture”), is made by and among RED OAK MERGER CORPORATION, a Delaware corporation (the
“Corporation”), COUNTRYWIDE HOME LOANS, INC., a New York corporation (“Issuer”), COUNTRYWIDE
FINANCIAL CORPORATION (formerly Countrywide Credit Industries, Inc.), a Delaware corporation
(“Guarantor”), and THE BANK OF NEW YORK MELLON (formerly known as The Bank of New York), a New
York banking corporation, as Trustee (the “Trustee”) under the Indenture referred to herein.

W I T N E S S E T H:

     WHEREAS, Issuer, the Guarantor and the Trustee are parties to an Indenture dated as of
June 4, 1997 (as amended and supplemented, the “Indenture”), providing for the issuance of Debt
Securities;

     WHEREAS, there is outstanding under the terms of the Indenture one or more series of Debt
Securities (the “Securities”);

     WHEREAS, Bank of America Corporation, Guarantor and the Corporation have entered into an
Agreement and Plan of Merger (the “Merger Agreement”), dated as of January 11, 2008, pursuant to
which Guarantor will merge with and into the Corporation (the “Merger”), with the Corporation as
the surviving corporation in the Merger;

     WHEREAS, the Merger is being consummated on July 1, 2008;

     WHEREAS, Section 10.1 of the Indenture provides that in the case of a merger of the
Guarantor into any other corporation, the surviving corporation shall expressly assume by
supplemental indenture all the obligations and covenants under the Securities and the Indenture
to be performed and observed by the Guarantor;

     WHEREAS, Section 11.1(a) of the Indenture provides that Issuer and the Guarantor, with the
authorization of their respective Boards of Directors, and the Trustee, may amend the Indenture
without notice to or consent of any holders of the Securities to evidence the succession of
another corporation to the Guarantor by merger and the assumption by the successor corporation
of the obligations and covenants of the Guarantor under the Indenture;

     WHEREAS, this First Supplemental Indenture has been duly authorized by all necessary
corporate action on the part of each of Issuer, the Guarantor and the Corporation;

     WHEREAS, the Trustee has determined this First Supplemental Indenture is satisfactory
to it in form; and

     WHEREAS, all things necessary to make this First Supplemental Indenture a valid
indenture and agreement according to its terms have been done.

 

 

     NOW, THEREFORE, in consideration of these premises, Issuer, the Guarantor, the Corporation
and the Trustee agree as follows for the equal and ratable benefit of the holders of the
Securities:

ARTICLE I

ASSUMPTION BY SUCCESSOR CORPORATION

AND SUPPLEMENTAL PROVISIONS

     SECTION 1.1 Assumption of the Guarantees.

     (a) The Corporation hereby represents and warrants that

     (i) it is a corporation organized and existing under the laws of the State of
Delaware and is the surviving corporation in the Merger; and

     (ii) the execution, delivery and performance of this First Supplemental Indenture has
been duly authorized by the Board of Directors of the Corporation.

     (b) The Corporation hereby expressly assumes the performance of all obligations under the
Guarantees and the due and punctual performance and observance of all of the covenants and
conditions of the Indenture to be kept or performed by the Guarantor.

     SECTION 1.2 Name. Effective July 1, 2008, the name of the Guarantor, as the successor
corporation under the Indenture, shall be “Red Oak Merger Corporation.”

     SECTION 1.3 Trustee’s Acceptance. The Trustee hereby accepts this First Supplemental
Indenture and agrees to perform the same under the terms and conditions set forth in the
Indenture.

ARTICLE II

MISCELLANEOUS

     SECTION 2.1 Effect of Supplemental Indenture. Upon the later to occur of (i) the execution
and delivery of this First Supplemental Indenture by the Corporation, Issuer, the Guarantor and
the Trustee and (ii) the effective time of the Merger, the Indenture shall be supplemented in
accordance herewith, and this First Supplemental Indenture shall form a part of the Indenture
for all purposes, and every holder of Securities heretofore or hereafter authenticated and
delivered under the Indenture shall be bound thereby.

     SECTION 2.2 Indenture Remains in Full Force and Effect. Except as supplemented hereby, all
provisions in the Indenture shall remain in full force and effect.

     SECTION 2.3 Indenture and Supplemental Indenture Construed Together.
This First Supplemental Indenture is an indenture supplemental to and in implementation of the
Indenture, and the Indenture and this First Supplemental Indenture shall henceforth be read and
construed together.

 

 

     SECTION 2.4 Confirmation and Preservation of Indenture. The Indenture as supplemented by
this First Supplemental Indenture is in all respects confirmed and preserved.

     SECTION 2.5 Conflict with Trust Indenture Act. If any provision of this First Supplemental
Indenture limits, qualifies or conflicts with any provision of the Trust Indenture Act (the
“TIA”) that is required under the TIA to be part of and govern any provision of this First
Supplemental Indenture, the provision of the TIA shall control. If any provision of this First
Supplemental Indenture modifies or excludes any provision of the TIA that may be so modified or
excluded, the provision of the TIA shall be deemed to apply to the Indenture as so modified or
to be excluded by this First Supplemental Indenture, as the case may be.

     SECTION 2.6 Severability. In case any provision in this First 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.

     SECTION 2.7 Terms Defined in the Indenture. All capitalized terms not otherwise
defined herein shall have the meanings ascribed to them in the Indenture.

     SECTION 2.8 Addresses for Notice, etc., to the Corporation and Trustee. Any notice or demand which by any provisions of this First Supplemental Indenture or the
Indenture is required or permitted to be given or served by the Trustee or by the holders of
Securities to or on the Corporation may be given in the manner specified in the Indenture to the
following address:

Bank of America Corporation

Bank of America Corporate Center

100 North Tryon Street

NC1-007-07-13

Corporate Treasury Division

Charlotte, North Carolina 28255

Telephone: (980) 387-3776

Facsimile: (980) 387-8794

Attention: B. Kenneth Burton, Jr.

Together with a copy to:

Bank of America Corporation

Legal Department

NC1-002-29-01

101 South Tryon Street

Charlotte, North Carolina 28255

Telephone: (704) 386-4238

 

 

Facsimile: (704) 386-1670

Attention: Teresa M. Brenner, Esq.

     SECTION 2.9 Headings. The Article and Section headings of this First Supplemental
Indenture have been inserted for convenience of reference only, are not to be considered part
of this First Supplemental Indenture and shall in no way modify or restrict any of the terms or
provisions hereof.

     SECTION 2.10 Benefits of First Supplemental Indenture, etc. Nothing in this First
Supplemental Indenture or the Securities, express or implied, shall give to any Person, other
than the parties hereto and thereto and their successors hereunder and thereunder and the
holders of the Securities, any benefit of any legal or equitable right, remedy or claim under
the Indenture, this First Supplemental Indenture or the Securities.

     SECTION 2.11 Certain Duties and Responsibilities of the Trustee. In entering into this
First Supplemental Indenture, the Trustee shall be entitled to the benefit of every provision of
the Indenture relating to the conduct or affecting the liability or affording protection to the
Trustee, whether or not elsewhere herein so provided.

     SECTION 2.12 Counterparts. The parties may sign any number of copies of this First
Supplemental Indenture. Each signed copy shall be an original, but all of them together
represent the same agreement.

     SECTION 2.13 Governing Law. This First Supplemental Indenture shall be governed by, and
construed in accordance with, the laws of the State of New York, without regard to conflicts
of law principles thereof.

     SECTION 2.14 Trustee Not Responsible for Recitals. The recitals contained herein (other
than the eighth recital) shall be taken as the statements of the Corporation, the Issuer and
the Guarantor, as the case may be, and the Trustee assumes no responsibility for their
correctness. The Trustee makes no representation as to the validity or sufficiency of this
First Supplemental Indenture.

[Signature Pages Follow]

 

 

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

	 	 	 	 	 	 	 
	 	 	THE CORPORATION:	 	 
	 
	 	 	 	 	 	 
	 	 	Red Oak Merger Corporation	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ Joe L. Price 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	Joe L. Price 	 	 
	 

	 	Title:	 	Chief Financial Officer 	 	 

 

 

	 	 	 	 	 	 	 
	 	 	GUARANTOR:	 	 
	 
	 	 	 	 	 	 
	 	 	Countrywide Financial Corporation (formerly	 	 
	 	 	Countrywide Credit Industries, Inc.)	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ JENNIFER S. SANDEFUR 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	Jennifer S. Sandefur 	 	 
	 

	 	Title:	 	Senior Managing Director, Treasurer 	 	 
	 
	 	 	 	 	 	 
	 	 	ISSUER:	 	 
	 
	 	 	 	 	 	 
	 	 	Countrywide Home Loans, Inc.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ JENNIFER S. SANDEFUR 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	Jennifer S. Sandefur 	 	 
	 

	 	Title:	 	Senior Managing Director, Treasurer 	 	 

 

 

	 	 	 	 	 	 	 
	 	 	THE TRUSTEE:	 	 
	 
	 	 	 	 	 	 
	 	 	The Bank of New York Mellon	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ Rafael E. Miranda 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	Rafael E. Miranda 	 	 
	 

	 	Title:	 	Vice President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00144-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00144-of-00352.parquet"}]]