Exhibit 4.7
STATION CASINOS, INC.
SUPPLEMENTAL INDENTURE
with respect to:
8 3 / 8 %
Senior Notes due 2008
THE BANK OF NEW YORK
Trustee
FIRST SUPPLEMENTAL INDENTURE, dated
as of September 17, 2003 (the “ Supplement
”) between Station Casinos, Inc., a corporation duly
organized and existing under the laws of the State of Nevada
(herein called the “ Company ”), having its
principal office at 2411 Sahara Avenue, Las Vegas, Nevada, 89102,
and The Bank of New York, as Trustee (herein called the “
Trustee ”), for the Company’s 8
3 /
8 % Senior Notes due 2008 (the “
Securities ”).
The Company has heretofore executed
and delivered to the Trustee an Indenture, dated as of
February 13, 2001 (the “ Indenture ”),
under which the Securities in the aggregate principal amount
$400,000,000 were issued and are outstanding. Capitalized
terms used herein but not defined herein shall have the meaning
ascribed to them in the Indenture.
In accordance with Section 9.02
of the Indenture, the Company has obtained the written consent of
the Holders of a majority in principal amount of the Securities to
certain amendments to such Indenture. The Company is
authorized to enter into this Supplement by a Board Resolution and
simultaneously herewith the Trustee has received an Opinion of
Counsel and an Officers’ Certificate stating that the
execution of this Supplement is permitted by the Indenture and all
conditions precedent under the Indenture have been
satisfied.
NOW, THEREFORE,
for and in consideration of the
premises and the purchase of the Securities by the Holders thereof,
it is mutually covenanted and agreed, for the equal and
proportionate benefit of all Holders of the Securities, as
follows:
ARTICLE ONE
Section 1.1
Section 4.05 of the Indenture
is amended by deleting Section 4.05(ii) in its entirety and
replacing it wi