Indenture (2004)Full Document 

Start of Preview

 

 

STATION CASINOS, INC.

 

 


 

 

$400,000,000

 

 

6 1/2% SENIOR SUBORDINATED NOTES DUE 2014

 

 


 

 

INDENTURE

 

 

DATED AS OF JANUARY 29, 2004

 

 


 

 

LAW DEBENTURE TRUST COMPANY OF NEW YORK

 

TRUSTEE

 



 

CROSS-REFERENCE TABLE*

 

Trust Indenture
Act Section

 

Indenture Section

 

 

 

 

310

(a)(1)

 

7.10

 

(a)(2)

 

7.10

 

(a)(3)

 

N.A.

 

(a)(4)

 

N.A.

 

(b)

 

7.08; 7.10; 11.02

 

(c)

 

N.A.

311

(a)

 

7.11

 

(b)

 

7.11

 

(c)

 

N.A.

312

(a)

 

2.05

 

(b)

 

11.03

 

(c)

 

11.03

313

(a)

 

7.06

 

(b)(1)

 

N.A.

 

(b)(2)

 

7.06

 

(c)

 

7.06; 11.02

 

(d)

 

7.06

314

(a)

 

4.02; 11.02

 

(b)

 

N.A.

 

(c)(1)

 

11.04

 

(c)(2)

 

11.04

 

(c)(3)

 

N.A.

 

(d)

 

N.A.

 

(e)

 

11.05

 

(f)

 

N.A.

315

(a)

 

7.01(b)

 

(b)

 

7.05; 11.02

 

(c)

 

7.01(a)

 

(d)

 

7.01(c)

 

(e)

 

6.11

316

(a) (last sentence)

 

2.09

 

(a)(1)(A)

 

6.05

 

(a)(1)(B)

 

6.04

 

(a)(2)

 

N.A.

 

(b)

 

6.04; 6.07

317

(a)(1)

 

6.08

 

(a)(2)

 

6.09

 

(b)

 

2.04

318

(a)

 

11.01

 

N.A. means not applicable.

 


*                                         This Cross-Reference Table is not part of the Indenture.

 



 

TABLE OF CONTENTS

 

ARTICLE 1. DEFINITIONS AND INCORPORATION BY REFERENCE

 

 

 

 

 

Section 1.01.

 

Definitions

 

Section 1.02.

 

Other Definitions

 

Section 1.03.

 

Incorporation by Reference of Trust Indenture Act

 

Section 1.04.

 

Rules of Construction

 

 

 

 

 

ARTICLE 2. THE NOTES

 

 

 

 

 

Section 2.01.

 

Form and Dating

 

Section 2.02.

 

Execution and Authentication

 

Section 2.03.

 

Registrar; Paying Agent; Depository; Note Custodian

 

Section 2.04.

 

Paying Agent to Hold Money in Trust

 

Section 2.05.

 

Noteholder Lists

 

Section 2.06.

 

Transfer and Exchange

 

Section 2.07.

 

Replacement Notes

 

Section 2.08.

 

Outstanding Notes

 

Section 2.09.

 

Treasury Notes

 

Section 2.10.

 

Temporary Notes

 

Section 2.11.

 

Cancellation

 

Section 2.12.

 

Defaulted Interest

 

Section 2.13.

 

CUSIP Numbers

 

 

 

 

 

ARTICLE 3. REDEMPTION

 

 

 

 

 

Section 3.01.

 

Notices to Trustee

 

Section 3.02.

 

Selection of Notes to Be Redeemed

 

Section 3.03.

 

Notice of Redemption

 

Section 3.04.

 

Effect of Notice of Redemption

 

Section 3.05.

 

Deposit of Redemption Price

 

Section 3.06.

 

Notes Redeemed in Part

 

Section 3.07.

 

Mandatory Disposition Pursuant to Gaming Laws

 

 

 

 

 

ARTICLE 4. COVENANTS

 

 

 

 

 

Section 4.01.

 

Payment of Notes

 

Section 4.02.

 

SEC Reports, Financial Reports

 

Section 4.03.

 

Compliance Certificate

 

Section 4.04.

 

Stay, Extension and Usury Laws

 

Section 4.05.

 

Limitation on Indebtedness

 

Section 4.06.

 

Limitation on Capital Stock of Restricted Subsidiaries

 

Section 4.07.

 

Corporate Existence

 

Section 4.08.

 

Taxes

 

Section 4.09.

 

Investment Company Act

 

 

i



 

Section 4.10.

 

Limitation on Transactions with Affiliates

 

Section 4.11.

 

Change of Control and Rating Decline

 

Section 4.12.

 

Limitation on Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries

 

Section 4.13.

 

Restriction on Layering Debt

 

 

 

 

 

ARTICLE 5. SUCCESSORS

 

 

 

 

 

Section 5.01.

 

When Company May Merge, etc

 

Section 5.02.

 

Successor Corporation Substituted

 

 

 

 

 

ARTICLE 6. DEFAULTS AND REMEDIES

 

 

 

 

 

Section 6.01.

 

Events of Default

 

Section 6.02.

 

Acceleration

 

Section 6.03.

 

Other Remedies

 

Section 6.04.

 

Waiver of Past Defaults

 

Section 6.05.

 

Control by Majority

 

Section 6.06.

 

Limitation on Suits

 

Section 6.07.

 

Rights of Holders to Receive Payment

 

Section 6.08.

 

Collection Suit by Trustee

 

Section 6.09.

 

Trustee May File Proofs of Claim

 

Section 6.10.

 

Priorities

 

Section 6.11.

 

Undertaking for Costs

 

 

 

 

 

ARTICLE 7. TRUSTEE

 

 

 

 

 

Section 7.01.

 

Duties of Trustee

 

Section 7.02.

 

Rights of Trustee

 

Section 7.03.

 

Individual Rights of Trustee

 

Section 7.04.

 

Trustee’s Disclaimer

 

Section 7.05.

 

Notice of Defaults

 

Section 7.06.

 

Reports by Trustee to Holders.

 

Section 7.07.

 

Compensation and Indemnity

 

Section 7.08.

 

Replacement of Trustee

 

Section 7.09.

 

Successor Trustee by Merger, etc

 

Section 7.10.

 

Eligibility; Disqualification

 

Section 7.11.

 

Preferential Collection of Claims Against Company

 

 

 

 

 

ARTICLE 8. DISCHARGE OF INDENTURE

 

 

 

 

 

Section 8.01.

 

Termination of Company’s Obligations

 

Section 8.02.

 

Application of Trust Money

 

Section 8.03.

 

Repayment to Company

 

Section 8.04.

 

Reinstatement

 

 

ii



 

ARTICLE 9. AMENDMENTS

 

End of Preview