FIRST SUPPLEMENTAL
INDENTURE
FIRST
SUPPLEMENTAL INDENTURE ,
dated as of June 20, 2008 (this “First Supplemental
Indenture”), between TAL Advantage II LLC, a limited
liability company organized under the laws of Delaware (the
“Issuer”) and U.S. Bank National Association, a
national banking association organized under the laws of the United
States, as indenture trustee (the “Indenture
Trustee”).
WHEREAS,
the Issuer and the Indenture Trustee are parties to an indenture
dated as of March 27, 2008, as amended, modified or supplemented
from time to time in accordance with its terms (the “
Indenture ”), providing, among other things, for the
authentication, delivery and administration of the Notes described
therein;
WHEREAS,
pursuant to Article X of the Indenture and subject to
certain conditions stated therein, the Issuer and the Indenture
Trustee may enter into a supplemental indenture in order to amend
the Indenture; and
WHEREAS,
the Issuer desires to amend the Indenture in accordance with the
terms and conditions set forth below;
NOW
THEREFORE, in consideration of the foregoing premises, the parties
mutually agree as follows:
SECTION
1.1. Defined Terms . Terms for which meanings are provided
in the Indenture are, unless otherwise defined herein or the
context otherwise requires, used in this First Supplemental
Indenture with such meanings.
Amendment to the
Indenture
SECTION
2.1. Subject to the satisfaction of the conditions specified in
Article III below and effective as of the First Supplemental
Indenture Effective Date (as defined herein), the Indenture shall
be amended as follows:
(a)
Amendment to Appendix A to Indenture (Master Index of
Defined Terms).
Definition of
Indebtedness . Clause “(vi)” of the definition of
“Indebtedness” is hereby deleted in its
entirety.
(b) For
the avoidance of doubt, to the extent that any term set forth in
Appendix A to the Indenture is defined by reference to
the definition of such term in the Credit Agreement and to the
extent the definition of such term in the Credit Agreement includes
the term “Indebtedness,” the term
“Indebtedness” shall be deemed not to include
obligations under any interest rate hedging or under any similar
type of agreement to the extent of the amount due if such agreement
were to be terminated.