Exhibit 4.2
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James A.
Tisckos
Central
Illinois Public Service Company
607 East Adams
Street
Springfield, IL
62739
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Executed in 100 Counterparts, No.
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Supplemental Indenture
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dated as of March 1, 2007
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Central Illinois Public Service
Company
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To
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U.S. Bank National
Association
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and Richard Prokosch,
as trustees
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(Supplemental to the Indenture of
Mortgage or Deed of Trust
dated October 1, 1941, executed by
Central Illinois Public Service Company
to Continental Illinois National
Bank and Trust Company of Chicago
and Edmond B. Stofft, as
trustees)
(Providing for First Mortgage Bonds,
2007 Credit Agreement Series)
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This instrument
was prepared by Steven R. Sullivan, Senior Vice President, General
Counsel and Secretary of Central Illinois Public Service Company,
c/o Ameren Corporation, One Ameren Plaza, 1901 Chouteau Avenue, St.
Louis, Missouri 63103.
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This Supplemental Indenture, dated as of March
1, 2007, made and entered into by and between CENTRAL ILLINOIS
PUBLIC SERVICE COMPANY, a corporation organized and existing under
the laws of the State of Illinois (hereinafter commonly referred to
as the “ Company ”), and U.S. BANK NATIONAL
ASSOCIATION (formerly U.S. Bank Trust National Association,
formerly First Trust National Association, formerly First Trust of
Illinois, National Association, successor trustee to Bank of
America Illinois, formerly Continental Bank, formerly Continental
Bank, National Association and formerly Continental Illinois
National Bank and Trust Company of Chicago), a national banking
association having its office or place of business in the City of
Chicago, Cook County, State of Illinois (hereinafter commonly
referred to as the “ Trustee ”), and Richard
Prokosch (successor Co-Trustee), of the City of Oakdale, Washington
County, State of Minnesota, as Trustees under the Indenture of
Mortgage or Deed of Trust dated October 1, 1941, heretofore
executed and delivered by the Company to Continental Illinois
National Bank and Trust Company of Chicago and Edmond B. Stofft, as
Trustees, as amended by the Supplemental Indentures dated,
respectively, September 1, 1947, January 1, 1949, February 1, 1952,
September 1, 1952, June 1, 1954, February 1, 1958, January 1, 1959,
May 1, 1963, May 1, 1964, June 1, 1965, May 1, 1967, April 1, 1970,
April 1, 1971, September 1, 1971, May 1, 1972, December 1, 1973,
March 1, 1974, April 1, 1975, October 1, 1976, November 1, 1976,
October 1, 1978, August 1, 1979, February 1, 1980, February 1,
1986, May 15, 1992, July 1, 1992, September 15, 1992, April 1,
1993, June 1, 1995, March 15, 1997, June 1, 1997, December 1, 1998,
June 1, 2001, October 1, 2004, June 1, 2006 and August 1, 2006
heretofore executed and delivered by the Company to the Trustees
under said Indenture of Mortgage or Deed of Trust dated October 1,
1941; said Indenture of Mortgage or Deed of Trust dated October 1,
1941, as amended by said Supplemental Indentures, being hereinafter
sometimes referred to as the “ Indenture ”;
and said U.S. Bank National Association and Richard Prokosch
(successor Co-Trustee), of the City of Oakdale, Washington County,
State of Minnesota, as Trustees, as such Trustees, being
hereinafter sometimes referred to as the “ Trustees
” or the “ Trustees under the Indenture
”;
WITNESSETH:
WHEREAS, the Company has entered into a Credit
Agreement, dated as of February 9, 2007 (as amended or otherwise
modified from time to time, the “ Credit Agreement
”) by and among the Company, Central Illinois Light Company,
Illinois Power Company, AmerenEnergy Resources Generating Company
and CILCORP Inc., as borrowers, the lenders from time to time party
thereto (the “ Lenders ”) and JPMorgan Chase
Bank, N.A., as agent (in such capacity, the “ Agent
”) for the Lenders, providing for the making of certain
financial accommodations thereunder to the Company, and pursuant to
such Credit Agreement, the Company has agreed to issue to the
Agent, as evidence of and security for the Obligations (as such
term is defined in the Credit Agreement) of the Company (the
“ Company Obligations ”), a new series of
bonds under the Indenture;
WHEREAS, for such purposes, the Company has
determined, by resolutions duly adopted by its Board of Directors,
to issue bonds of an additional series under and to be secured by
the Indenture, as hereby amended, to be known and designated as
First Mortgage Bonds, 2007 Credit Agreement Series (hereinafter
sometimes referred to as the “ bonds of 2007 Credit
Agreement Series ” or the “ bonds of said
Series ”), and the bonds of said Series shall be
authorized, authenticated and issued only as registered bonds
without coupons, and to execute
and
deliver this supplemental indenture, pursuant to the provisions of
Article I, as amended, Section 6 of Article II and Article XVI of
the Indenture, for the purpose of (1) creating and authorizing not
to exceed $135,000,000 aggregate principal amount of bonds of 2007
Credit Agreement Series and setting forth the form, terms,
provisions and characteristics thereof, and (2) modifying or
amending certain provisions of the Indenture in the particulars and
to the extent hereinafter specifically provided; and
WHEREAS, the bonds of 2007 Credit Agreement
Series shall be issued to the Agent as
evidence of and security for the Company Obligations under the
Credit Agreement;
WHEREAS, the execution and delivery by the
Company of this supplemental indenture have been duly authorized by
the Board of Directors of the Company; and the Company has
requested, and hereby requests, the Trustees to enter into and join
with the Company in the execution and delivery of this supplemental
indenture; and
WHEREAS, the bonds of 2007 Credit Agreement
Series are to be authorized, authenticated and issued only in the
form of registered bonds without coupons, and the bonds of 2007
Credit Agreement Series and the certificate of the Trustee thereon
shall be substantially in the following form, to wit:
[FORM OF BOND]
Illinois Commerce
Commission
Identification No.: Ill. C.C. No.
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Notwithstanding any
provisions hereof or in the Indenture
this Bond is not assignable
or transferable except to a successor Agent appointed
in
accordance with the Credit
Agreement, dated
as of February 9, 2007,
hereinafter referred to.
Central Illinois Public
Service Company
First Mortgage Bond, 2007 Credit
Agreement Series
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REGISTERED
OWNER: JPMorgan Chase Bank, N.A.,
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PRINCIPAL
AMOUNT _______________________________ DOLLARS
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CENTRAL ILLINOIS PUBLIC SERVICE COMPANY, an
Illinois corporation (hereinafter referred to as the “
Company ”), for value received, hereby promises to
pay to the Registered Owner specified above, as agent (in such
capacity, the “Agent”) for the Lenders (as defined
below) under the Credit Agreement, dated as of February 9, 2007, by
and among the Company, Central Illinois Light Company, Illinois
Power Company, AmerenEnergy Resources Generating Company and
CILCORP Inc., as borrowers, the lenders from time to time party
thereto (the “ Lenders ”) and JPMorgan Chase
Bank, N.A., as agent (as amended or otherwise modified from time to
time, the “ Credit Agreement ”), or registered
assigns, the Principal Amount
specified above
or such lesser principal amount as shall be equal to the Borrower
Credit Exposure (as defined in the Credit Agreement) of the Company
outstanding on the Maturity Date (having at any time the meaning
such term has at such time under the Credit Agreement) of the
Company, but not in excess of the Principal Amount of this bond,
and to pay interest thereon at the Interest Rate (as defined below)
until the principal hereof is paid or duly made available for
payment on the Maturity Date or in the event of redemption of this
bond, until the redemption date.
Interest on this bond shall be payable on each
Interest Payment Date (as defined below), commencing on the first
Interest Payment Date next succeeding the date of this bond. If the
Maturity Date falls on a day which is not a Business Day, as
defined below, principal and any interest and/or fees payable with
respect to the Maturity Date will be paid on the next succeeding
Business Day. The interest payable, and punctually paid or duly
provided for, on any Interest Payment Date will, subject to certain
exceptions provided in the Supplemental Indenture dated as of March
1, 2007, hereinafter referred to, be paid to the person in whose
name this bond (or one or more predecessor bonds) is registered at
the close of business on the Record Date (as defined below);
provided, however, that interest payable on the Maturity Date will
be payable to the person to whom the principal hereof shall be
payable. Should the Company default in the payment of interest
(“Defaulted Interest”), the Defaulted Interest shall be
paid to the person in whose name this bond is registered on the
Record Date to be established by the Trustee for payment of such
Defaulted Interest. As used herein, (A) “Business Day”
shall have the meaning assigned thereto in the Credit Agreement;
(B) “Interest Payment Date” shall mean each date on
which Company Obligations constituting interest and/or fees are due
and payable from time to time pursuant to the Credit Agreement; (C)
“Interest Rate” shall mean a rate of interest per
annum, adjusted as necessary, to result in an interest payment
equal to the aggregate amount of Company Obligations constituting
interest and fees of the Company due under the Credit Agreement on
the applicable Interest Payment Date; and (D) “Record
Date” with respect to any Interest Payment Date shall mean
the day (whether or not a Business Day) immediately next preceding
such Interest Payment Date.
Both the principal of and the interest on this
bond shall be payable in immediately available funds at the office
or agency of the Trustee, in any coin or currency of the United
States of America which at the time of payment is legal tender for
public and private debts.
This bond is one of the bonds issued and to be
issued from time to time under and in accordance with and all
secured by the indenture of mortgage or deed of trust dated October
1, 1941, executed and delivered by the Company to U.S. Bank
National Association (formerly U.S. Bank Trust National
Association, formerly First Trust National Association, formerly
First Trust of Illinois, National Association, successor trustee to
Bank of America Illinois, formerly Continental Bank, formerly
Continental Bank, National Association and formerly Continental
Illinois National Bank and Trust Company of Chicago and hereinafter
referred to as the “ Trustee ”) and Edmond B.
Stofft, as Trustees, and the various indentures supplemental
thereto, including the Supplemental Indenture pursuant to which
$135,000,000 in aggregate principal amount of the First Mortgage
Bonds, 2007 Credit Agreement Series (the “ 2007 Credit
Agreement Series Bonds ”) are authorized, each executed
and delivered by the Company to the Trustees under said indenture
of mortgage or deed of trust dated October 1, 1941, prior to the
authentication of this bond (said indenture of mortgage or deed of
trust and said supplemental
indentures being hereinafter referred to,
collectively, as the “ Indenture ”); and said
U.S. Bank National Association and Richard Prokosch (successor
Co-Trustee), of the City of Oakdale, Washington County, State of
Minnesota, as Trustees (successor Co-Trustee) being now the
Trustees under the Indenture. Reference to the Indenture and to all
supplemental indentures, if any, hereafter executed pursuant to the
Indenture is hereby made for a description of the property
mortgaged and pledged, the nature and extent of the security and
the rights of the holders and Registered Owners of said bonds and
of the Trustees and of the Company in respect of such security. By
the terms of the Indenture the bonds to be secured thereby are
issuable in series, which may vary as to date, amount, date of
maturity, rate of interest, redemption provisions, medium of
payment and in other respects as in the Indenture
provided.
The 2007 Credit Agreement Series Bonds
are to be issued and delivered to the Agent
in order to evidence and secure the obligations of the Company
under the Credit Agreement to make payments to the Lenders under
the Credit Agreement and to provide the Lenders the benefit of the
lien of the Indenture with respect to the 2007 Credit Agreement
Series Bonds.
The obligation of the Company to make payments
with respect to principal under the Credit Agreement shall not give
rise to an obligation to pay principal of the 2007 Credit Agreement
Series Bonds except on the Maturity Date of the Company or upon
redemption hereof. If at any time any permanent reduction of the
Borrower Sublimit (as defined in the Credit Agreement) of the
Company or the Borrower Credit Exposure (as defined in the Credit
Agreement) of the Company shall result in the principal of the 2007
Credit Agreement Series Bonds being greater than the greater of the
Borrower Sublimit and the Borrower Credit Exposure, a payment
obligation with respect to the principal of the 2007 Credit
Agreement Series Bonds in the amount of such excess shall be deemed
discharged upon the effectiveness of such permanent reduction. No
payment of principal under the Credit Agreement shall reduce the
principal amount of the 2007 Credit
Agreement Series Bonds to an amount less than the greater of the
Borrower Sublimit and the Borrower Credit Exposure.
The obligation of the Company to make payments
with respect to the interest on the 2007
Credit Agreement Series Bonds shall be fully or partially, as the
case may be, satisfied and discharged to the extent that, at the
time that any such payment shall be due, the then due interest
and/or fees of the Company under the Credit Agreement shall have
been fully or partially paid. Satisfaction of any obligation to the
extent that payment is made with respect to the interest and/or
fees of the Company under the Credit Agreement means that if any
payment is made on the interest and/or fees of the Company under
the Credit Agreement, a corresponding payment obligation with
respect to the interest on the 2007 Credit Agreement Series Bonds
shall be deemed discharged in the same amount as such payment made
on the interest and/or fees of the Company under the Credit
Agreement.
The Trustee may at any time and all times
conclusively assume that the obligation of the Company to make
payments with respect to the principal of and interest on the 2007
Credit Agreement Series Bonds, so far as such payments at the time
have become due, has been fully satisfied and discharged pursuant
to the foregoing paragraphs unless and until the Trustee shall have
received a written notice from the Agent stating (i) that timely
payment of principal of or interest on the 2007 Credit Agreement
Series Bonds has not been made, (ii) that the Company is
in arrears as
to the payments required to be made by it to the Agent in
connection with the Company Obligations pursuant to the Credit
Agreement, and (iii) the amount of the arrearage.
This bond is not redeemable except upon written
demand of the Agent following the occurrence of a Default by the
Company under the Credit Agreement and the acceleration of the
Company Obligations, as provided under the Credit
Agreement.
In case of certain events of default specified
in the Indenture, the principal of this bond may be declared or may
become due and payable in the manner and with the effect provided
in the Indenture. No recourse shall be had for the payment of the
principal of or interest on this bond, or for any claim based
hereon, or otherwise in respect hereof or of the Indenture or any
indenture supplemental thereto, to or against any incorporator,
stockholder, officer or director, past, present or future, of the
Company, or of any predecessor or successor corporation, either
directly or through the Company, or such predecessor or successor
corporation, under any constitution or statute or rule of law, or
by the enforcement of any assessment, penalty, or otherwise, all
such liability of incorporators, stockholders, directors and
officers being waived and released by the Registered Owner hereof
by the acceptance of this bond and being likewise waived and
released by the terms of the Indenture.
This bond shall not be assignable or
transferable except to a successor Agent appointed in accordance
with the Credit Agreement. This bond is exchangeable by the
Registered Owner hereof, in person or by attorney duly authorized,
at the principal office or place of business of the Trustee under
the Indenture, upon the surrender and cancellation of this bond and
the payment of any stamp tax or other governmental charge, and upon
any such exchange a new registered bond or bonds without
coupons,