Common use of Redemption and Prepayment Clause in Contracts

Redemption and Prepayment. Section 3.01. Notices to Trustee 29 Section 3.02. Selection of Notes to Be Redeemed 29 Section 3.03. Notice of Redemption 30 Section 3.04. Effect of Notice of Redemption 31 Section 3.05. Deposit of Redemption Price 31 Section 3.06. Notes Redeemed in Part 32 Section 3.07. Optional Redemption 32 Section 3.08. No Mandatory Redemption or Sinking Fund 33 Section 3.09. Offer to Purchase by Application of Excess Proceeds 33 ARTICLE 4 COVENANTS Section 4.01. Payment of Notes 35 Section 4.02. Maintenance of Office or Agency 36 Section 4.03. Reports 36 Section 4.04. Compliance Certificate 37 Section 4.05. Taxes 37 Section 4.06. Stay, Extension and Usury Laws 38 Section 4.07. Limitation on Restricted Payments 38 Section 4.08. Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries 41 Section 4.09. Limitation on Incurrence of Indebtedness and Issuance of Preferred Stock 43 Section 4.10. Limitation on Asset Sales 46 Section 4.11. Limitation on Transactions with Affiliates 48 Section 4.12. Limitation on Liens 49 Section 4.13. Additional Subsidiary Guarantees 49 Section 4.14. Corporate Existence 50 Section 4.15. Offer to Repurchase Upon Change of Control 50 Section 4.16. Activities of Finance Corp. 52 Section 4.17. Covenant Termination 53 Section 4.18. Designation of Restricted and Unrestricted Subsidiaries 53

Redemption and Prepayment. Section 3.01. 3.01 Notices to Trustee 29 Trustee. 45 Section 3.02. 3.02 Selection of Notes to Be Redeemed 29 or Purchased. 45 Section 3.03. 3.03 Notice of Redemption 30 Redemption. 46 Section 3.04. 3.04 Effect of Notice of Redemption 31 Redemption. 46 Section 3.05. 3.05 Deposit of Redemption Price 31 or Purchase Price. 46 Section 3.06. 3.06 Notes Redeemed or Purchased in Part 32 Part. 47 Section 3.073.07 Optional Redemption. Optional Redemption 32 47 Section 3.083.08 Mandatory Redemption. No Mandatory Redemption or Sinking Fund 33 48 Section 3.09. 3.09 Offer to Purchase by Application of Excess Proceeds 33 Proceeds. 48 ARTICLE 4 COVENANTS Section 4.01. 4.01 Payment of Notes 35 Notes. 50 Section 4.02. 4.02 Maintenance of Office or Agency 36 Agency. 50 Section 4.034.03 SEC Reports. Reports 36 50 Section 4.044.04 Compliance Certificate. Compliance Certificate 37 51 Section 4.054.05 Taxes. Taxes 37 51 Section 4.06. 4.06 Stay, Extension and Usury Laws 38 Laws. 51 Section 4.074.07 Restricted Payments. Limitation on Restricted Payments 38 52 Section 4.08. Limitation on 4.08 Dividend and Other Payment Restrictions Affecting Subsidiaries 41 Restricted Subsidiaries. 55 Page Section 4.09. Limitation on 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock 43 Stock. 57 Section 4.104.10 Asset Sales. Limitation on Asset Sales 46 60 Section 4.11. Limitation on 4.11 Transactions with Affiliates 48 Affiliates. 64 Section 4.124.12 Liens. Limitation on Liens 49 65 Section 4.134.13 Business Activities. Additional Subsidiary Guarantees 49 66 Section 4.144.14 Corporate Existence. Corporate Existence 50 66 Section 4.15. 4.15 Offer to Repurchase Upon Change of Control 50 Control. 66 Section 4.164.16 Limitation on Sale and Leaseback Transactions. Activities of Finance Corp. 52 68 Section 4.174.17 Payments for Consent. Covenant Termination 53 68 Section 4.18. 4.18 Designation of Restricted and Unrestricted Subsidiaries 53Subsidiaries. 68 Section 4.19 Real Estate. 69 Section 4.20 Further Assurances. 69 Section 4.21 Impairment of Security Interest. 69 Section 4.22 Financial Calculation for Limited Condition Acquisitions. 70 ARTICLE 5

Redemption and Prepayment. 35 Section 3.01. Notices to Trustee 29 35 Section 3.02. Selection of Notes to Be Redeemed 29 36 Section 3.03. Notice of Redemption 30 36 Section 3.04. Effect of Notice of Redemption 31 37 Section 3.05. Deposit of Redemption Price 31 37 Section 3.06. Notes Redeemed in Part 32 37 Section 3.07. Optional Redemption 32 37 Section 3.08. No Mandatory Redemption or Sinking Fund 33 38 Section 3.09. Offer to Purchase by Application of Excess Proceeds 33 To Purchase. 38 ARTICLE 4 4. COVENANTS 40 Section 4.01. Payment of Notes 35 40 Section 4.02. Maintenance of Office or Agency 36 41 Section 4.03. Reports 36 41 Section 4.04. Compliance Certificate 37 42 Section 4.05. Taxes 37 42 Section 4.06. Stay, Extension and Usury Laws 38 42 Section 4.07. Limitation on Restricted Payments 38 Corporate Existence 43 Section 4.08. Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries 41 Payments for Consent 43 Section 4.09. Limitation on Incurrence of Indebtedness Additional Debt and Issuance of Preferred Stock Stock. 43 Section 4.10. Limitation on Asset Sales 46 Restricted Payments 45 Section 4.11. Limitation on Transactions with Affiliates 48 Liens 47 Section 4.12. Limitation on Liens 49 Asset Sales 48 Section 4.13. Additional Subsidiary Guarantees Restrictions on Distributions from Restricted Subsidiaries 49 Section 4.14. Corporate Existence Affiliate Transactions 50 Section 4.15. Offer to Repurchase Upon Change of Control 50 Sale and Leaseback Transactions 51 Section 4.16. Activities of Finance Corp. 52 Section 4.17. Covenant Termination 53 Section 4.18. Designation of Restricted and Unrestricted Subsidiaries 5351 Section 4.17. Repurchase at the Option of Holders Upon a Change of Control 52 Section 4.18. Business Activities 52 Section 4.19. Limitations on Issuances of Guarantees of Indebtedness 52 Section 4.20. : Covenant Termination 53 ARTICLE 5. SUCCESSORS 54 Section 5.01. Merger, Consolidation and Sale of Assets 54 Section 5.02. Successor Corporation Substituted 55

Redemption and Prepayment. Section 3.01. Notices to Trustee 29 30 Section 3.02. Selection of Notes to Be Redeemed 29 31 Section 3.03. Notice of Redemption 30 31 Section 3.04. Effect of Notice of Redemption 31 32 Section 3.05. Deposit of Redemption Price 31 32 Section 3.06. Notes Redeemed in Part 32 Section 3.07. Optional Redemption 32 33 Section 3.08. No Mandatory Redemption or Sinking Fund 33 Section 3.09. Offer to Purchase by Application of Excess Proceeds 33 Section 3.09. No Mandatory Sinking Fund 34 Section 3.10. Special Mandatory Redemption 35 ARTICLE 4 4. COVENANTS Section 4.01. Payment of Notes 35 Section 4.02. Maintenance of Office or Agency 36 35 Section 4.03. Reports 36 Page Section 4.04. Compliance Certificate 37 Certificates and Other Information 36 Section 4.05. Taxes 37 Section 4.06. Stay, Extension and Usury Laws 38 37 Section 4.07. Limitation on Restricted Payments 38 37 Section 4.08. Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 41 40 Section 4.09. Limitation on Incurrence of Indebtedness and Issuance of Preferred Disqualified Capital Stock 43 41 Section 4.10. Limitation on Asset Sales 46 44 Section 4.11. Limitation on Transactions with Affiliates 48 45 Section 4.12. Limitation on Liens 49 47 Section 4.13. Additional Future Subsidiary Guarantees 49 47 Section 4.14. Corporate Existence 50 47 Section 4.15. Offer to Repurchase Upon Change of Control 50 47 Section 4.16. Activities of Finance Corp. 52 Section 4.17. Covenant Termination 53 Section 4.18. Future Designation of Restricted and Unrestricted Subsidiaries 5349 Section 4.17. Suspended Covenants 50 Section 4.18. Limitation on Issuances and Sales of Preferred Stock of Restricted Subsidiaries 51 Section 4.19. Escrow Release 51 Section 4.20. Activities Prior to the Release 52 ARTICLE 5.

Redemption and Prepayment. Section 3.01. Notices to Trustee 29 35 Section 3.02. Selection of Notes to Be Redeemed 29 35 Section 3.03. Special Mandatory Redemption; Special Optional Redemption 36 Section 3.04. Notice of Redemption 30 36 Section 3.043.05. Effect of Notice of Redemption 31 36 Section 3.053.06. Deposit of Redemption Price 31 37 Section 3.063.07. Notes Redeemed in Part 32 37 Section 3.073.08. Optional Redemption 32 37 Section 3.083.09. No Mandatory Redemption or Sinking Fund 33 38 Section 3.093.10. Offer to Purchase by Application of Excess Net Proceeds 33 38 ARTICLE 4 COVENANTS Section 4.01. Payment of Notes 35 39 Section 4.02. Maintenance of Office or Agency 36 39 Section 4.03. Reports 36 Compliance Certificate 39 Section 4.04. Compliance Certificate 37 Taxes 40 Section 4.05. Taxes 37 Section 4.06. Stay, Extension and Usury Laws 38 40 Section 4.06. Change of Control 40 Section 4.07. Limitation on Restricted Payments 38 Asset Sales 42 Section 4.08. Limitation on Restricted Payments 43 Section 4.09. Incurrence of Indebtedness and Issuance of Disqualified Equity 46 Section 4.10. Liens 47 Section 4.11. Dividend and Other Payment Restrictions Affecting Subsidiaries 41 Section 4.09. Limitation on Incurrence of Indebtedness and Issuance of Preferred Stock 43 Section 4.10. Limitation on Asset Sales 46 Section 4.11. Limitation on Transactions with Affiliates 48 47 Section 4.12. Limitation on Liens Transactions With Affiliates 49 Section 4.13. Additional Subsidiary Guarantees 49 50 Section 4.14. Corporate Existence 50 Section 4.15. Offer to Repurchase Upon Change of Control 50 Section 4.16. Activities of Finance Corp. 52 Section 4.17. Covenant Termination 53 Section 4.18. Designation of Restricted and Unrestricted Subsidiaries 5351 Section 4.15. Business Activities 51 Section 4.16. [Intentionally Omitted] 51 Section 4.17. Payments for Consent 51 Section 4.18. Reports 51 Section 4.19. [Intentionally Omitted] 52 Section 4.20. Termination of Covenants 52 ARTICLE 5

Redemption and Prepayment. Section 3.01. SECTION 3.1 Notices to Trustee 29 Section 3.02. 45 SECTION 3.2 Selection of Notes to Be Redeemed 29 Section 3.03. 46 SECTION 3.3 Notice of Redemption 30 Section 3.04. 46 SECTION 3.4 Effect of Notice of Redemption 31 Section 3.05. 47 SECTION 3.5 Deposit of Redemption Price 31 Section 3.06. 47 SECTION 3.6 Notes Redeemed in Part 32 Section 3.07. 48 SECTION 3.7 Optional Redemption 32 Section 3.08. No 48 SECTION 3.8 Mandatory Redemption or Sinking Fund 33 Section 3.09. 49 SECTION 3.9 Offer to Purchase by Application of Excess Proceeds 33 49 ARTICLE 4 IV COVENANTS Section 4.01. SECTION 4.1 Payment of Notes 35 Section 4.02. 50 SECTION 4.2 Maintenance of Office or Agency 36 Section 4.03. Reports 36 Section 4.04. 51 SECTION 4.3 Provision of Financial Information 51 SECTION 4.4 Compliance Certificate 37 Section 4.05. 52 SECTION 4.5 Taxes 37 Section 4.06. 53 SECTION 4.6 Stay, Extension and Usury Laws 38 Section 4.07. 53 SECTION 4.7 Limitation on Restricted Payments 38 Section 4.08. 53 SECTION 4.8 Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries 41 Section 4.09. 54 SECTION 4.9 Limitation on Incurrence of Indebtedness and Issuance of Preferred Stock 43 Section 4.10. Debt 56 SECTION 4.10 Limitation on Asset Sales 46 Section 4.11. 56 SECTION 4.11 Limitation on Transactions with Affiliates 48 Section 4.12. 57 SECTION 4.12 Limitation on Liens 49 Section 4.13. Additional Subsidiary Guarantees 49 Section 4.14. Corporate Existence 50 Section 4.15. 58 SECTION 4.13 Offer to Repurchase Upon Purchase upon Change of Control 50 Section 4.16. Activities 59 SECTION 4.14 Corporate Existence; Amendments to Organizational Documents 59 SECTION 4.15 Additional Note Guarantees 59 SECTION 4.16 Books and Records 60 SECTION 4.17 Conduct of Finance Corp. 52 Section 4.17. Covenant Termination 53 Section 4.18. Designation of Restricted and Unrestricted Subsidiaries 53Business / Amendments to the Master Lease 60 ARTICLE V

Redemption and Prepayment. 33 Section 3.01. Notices to Trustee 29 33 Section 3.02. Selection of Notes to Be Redeemed 29 33 Section 3.03. Notice of Redemption 30 34 Section 3.04. Effect of Notice of Redemption 31 35 Section 3.05. Deposit of Redemption Price 31 35 Section 3.06. Notes Redeemed in Part 32 35 Section 3.07. Optional Redemption 32 35 Section 3.08. No Mandatory Redemption or Sinking Fund 33 36 Section 3.09. Offer to Purchase by Application of Excess Proceeds 33 37 ARTICLE 4 COVENANTS 38 Section 4.01. Payment of Notes 35 38 Section 4.02. Maintenance of Office or Agency 36 39 Section 4.03. Reports 36 39 Section 4.04. Compliance Certificate 37 40 Section 4.05. Taxes 37 41 Section 4.06. Stay, Extension and Usury Laws 38 41 Section 4.07. Limitation on Restricted Payments 38 41 Section 4.08. Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries 41 44 Section 4.09. Limitation on Incurrence of Indebtedness and Issuance of Preferred Stock 43 Disqualified Equity Interests 47 Section 4.10. Limitation on Asset Sales 46 50 Section 4.11. Limitation on Transactions with Affiliates 48 51 Section 4.12. Limitation on Liens 49 52 Section 4.13. Additional Subsidiary Guarantees 49 53 Section 4.14. Corporate Existence 50 53 Section 4.15. Offer to Repurchase Upon Change of Control 50 53 Section 4.16. Activities of Finance Corp. 52 No Inducements 56 Section 4.17. Business Activities 56 Section 4.18. Sale and Leaseback Transactions 57 Section 4.19. Covenant Termination 53 57 Section 4.184.20. Designation of Restricted and Unrestricted Subsidiaries 5357 ARTICLE 5 SUCCESSORS 58 Section 5.01. Merger, Consolidation, or Sale of Assets 58 Section 5.02. Successor Substituted 60 ARTICLE 6

Redemption and Prepayment. Section 3.01. Notices to Trustee 29 Section 35 3.02. Selection of Notes to Be Redeemed 29 Section or Purchased 35 3.03. Notice of Redemption 30 Section 36 3.04. Effect of Notice of Redemption 31 Section 37 3.05. Deposit of Redemption or Purchase Price 31 Section 37 3.06. Notes Redeemed or Purchased in Part 32 Section 37 3.07. Optional Redemption 32 Section 37 3.08. No Mandatory Redemption or Sinking Fund 33 Section 38 3.09. Offer to Purchase by Application of Excess Proceeds 33 39 3.10. Redemption for Changes in Withholding Tax 40 TABLE OF CONTENTS (continued) ARTICLE 4 IV COVENANTS Section Page 4.01. Payment of Notes 35 Section 41 4.02. Maintenance of Office or Agency 36 Section 42 4.03. Reports 36 Section 42 4.04. Compliance Certificate 37 Section 43 4.05. Taxes 37 Section 44 4.06. Stay, Extension and Usury Laws 38 Section 44 4.07. Limitation on Restricted Payments 38 Section 44 4.08. Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries 41 Section 47 4.09. Limitation on Incurrence of Indebtedness and Issuance of Preferred Stock 43 Section 49 4.10. Limitation on Asset Sales 46 Section 52 4.11. Limitation on Transactions with Affiliates 48 Section 56 4.12. Limitation on Liens 49 Section 57 4.13. Additional Subsidiary Guarantees 49 Section Business Activities 57 4.14. Corporate Existence 50 Section 57 4.15. Offer to Repurchase Upon Change of Control 50 Section 58 4.16. Activities of Finance Corp. 52 Section Additional Note Guarantees; Additional Security 59 4.17. Covenant Termination 53 Section 4.18. Designation of Restricted and Unrestricted Subsidiaries 5360 4.18. Listing 61 4.19. Withholding Taxes 61 4.20. Sale and Leaseback Transactions 64 4.21. Limitation on the Sale or Issuance of Capital Stock of Restricted Subsidiaries 64 4.22. No Impairment of Security Interests 65 4.23. Limitation on Intercompany Indebtedness 65 4.24. Excess Capital Contribution Offer 66

Redemption and Prepayment. Section 3.01. Notices to Trustee 29 61 Section 3.02. Selection of Notes to Be Redeemed 29 or Purchased 61 Section 3.03. Notice of Redemption 30 62 Section 3.04. Effect of Notice of Redemption 31 63 Section 3.05. Deposit of Redemption or Purchase Price 31 63 Section 3.06. Notes Redeemed or Purchased in Part 32 63 Section 3.07. Optional Redemption 32 63 Section 3.08. No Mandatory Redemption or Sinking Fund 33 65 Section 3.09. Offer to Purchase by Application of Excess Proceeds 33 65 ARTICLE 4 COVENANTS Section 4.01. Payment of Notes 35 67 Section 4.02. Maintenance of Office or Agency 36 68 Section 4.03. Reports 36 68 Section 4.04. Compliance Certificate 37 69 Section 4.05. Taxes 37 70 Section 4.06. Stay, Extension and Usury Laws 38 70 Section 4.07. Limitation on Restricted Payments 38 70 Section 4.08. Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 41 77 Section 4.09. Limitation on Incurrence of Indebtedness and Issuance of Preferred Stock 43 79 Section 4.10. Limitation on Asset Sales 46 85 Section 4.11. Limitation on Transactions with Affiliates 48 87 Section 4.12. Limitation on Liens 49 90 Section 4.13. Additional Subsidiary Guarantees 49 Corporate Existence 90 Section 4.14. Corporate Existence 50 Section 4.15. Offer to Repurchase Upon Change of Control 50 91 Section 4.15. Payments for Consent 93 Section 4.16. Activities of Finance Corp. 52 Additional Note Guarantees 93 Section 4.17. Covenant Termination 53 Section 4.18. Designation of Restricted and Unrestricted Subsidiaries 5393 Section 4.18. Changes in Covenants When Notes Rated Investment Grade 94 ARTICLE 5

Redemption and Prepayment. Section 3.01. 3.01 Notices to Trustee 29 44 Section 3.02. 3.02 Selection of Notes to Be Redeemed 29 or Purchased 44 Section 3.03. 3.03 Notice of Redemption 30 44 Section 3.04. 3.04 Effect of Notice of Redemption 31 45 Section 3.05. 3.05 Deposit of Redemption or Purchase Price 31 45 Section 3.06. 3.06 Notes Redeemed or Purchased in Part 32 46 Section 3.07. 3.07 Optional Redemption 32 46 Section 3.08. No 3.08 Mandatory Redemption or Sinking Fund 33 Section 3.09. Offer to Purchase by Application of Excess Proceeds 33 46 ARTICLE 4 COVENANTS Section 4.01. 4.01 Payment of Notes 35 47 Section 4.02. 4.02 Maintenance of Office or Agency 36 47 Section 4.03. 4.03 Reports 36 47 Section 4.04. 4.04 Compliance Certificate 37 49 Section 4.05. Taxes 37 4.05 [Reserved] 49 Section 4.06. 4.06 Stay, Extension and Usury Laws 38 49 Section 4.07. Limitation on 4.07 Restricted Payments 38 49 Section 4.08. Limitation on 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 41 54 Section 4.09. Limitation on 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock 43 56 Section 4.10. Limitation on 4.10 Asset Sales 46 59 Section 4.11. Limitation on 4.11 Transactions with Affiliates 48 61 Section 4.12. Limitation on Liens 49 4.12 Maintenance of Total Unencumbered Assets 63 Section 4.13. Additional Subsidiary Guarantees 49 4.13 Sale and Leaseback Transactions 63 Section 4.14. 4.14 Corporate Existence 50 63 Section 4.15. 4.15 Offer to Repurchase Upon Change of Control 50 63 Section 4.16. 4.16 Limitation on Issuances of Guarantees by Restricted Subsidiaries and the REIT 64 Section 4.17 Suspension of Covenants 64 Section 4.18 Activities of Finance Corp. 52 Section 4.17. Covenant Termination 53 Section 4.18. Designation of Restricted and Unrestricted Subsidiaries 53Co-Issuer 65 ARTICLE 5

Redemption and Prepayment. Section 3.01. Notices to Trustee 29 61 Section 3.02. Selection of Notes to Be Redeemed 29 or Purchased 61 Section 3.03. Notice of Redemption 30 62 Section 3.04. Effect of Notice of Redemption 31 63 Section 3.05. Deposit of Redemption or Purchase Price 31 63 Section 3.06. Notes Redeemed or Purchased in Part 32 63 Section 3.07. Optional Redemption 32 64 Section 3.08. No Mandatory Redemption or Sinking Fund 33 65 Section 3.09. Offer to Purchase by Application of Excess Proceeds 33 65 ARTICLE 4 COVENANTS Section 4.01. Payment of Notes 35 67 Section 4.02. Maintenance of Office or Agency 36 68 Section 4.03. Reports 36 68 Section 4.04. Compliance Certificate 37 69 Section 4.05. Taxes 37 70 Section 4.06. Stay, Extension and Usury Laws 38 70 Section 4.07. Limitation on Restricted Payments 38 70 Section 4.08. Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 41 77 Section 4.09. Limitation on Incurrence of Indebtedness and Issuance of Preferred Stock 43 79 Section 4.10. Limitation on Asset Sales 46 85 Section 4.11. Limitation on Transactions with Affiliates 48 88 Section 4.12. Limitation on Liens 49 90 Section 4.13. Additional Subsidiary Guarantees 49 Corporate Existence 90 Section 4.14. Corporate Existence 50 Section 4.15. Offer to Repurchase Upon Change of Control 50 91 Section 4.15. Payments for Consent 93 Section 4.16. Activities of Finance Corp. 52 Additional Note Guarantees 93 Section 4.17. Covenant Termination 53 Section 4.18. Designation of Restricted and Unrestricted Subsidiaries 5393 Section 4.18. Changes in Covenants When Notes Rated Investment Grade 94 ARTICLE 5

Redemption and Prepayment. Section 3.01. Notices to Trustee 29 62 Section 3.02. Selection of Notes to Be Redeemed 29 or Purchased 62 Section 3.03. Notice of Redemption 30 63 Section 3.04. Effect of Notice of Redemption 31 64 Section 3.05. Deposit of Redemption or Purchase Price 31 64 Section 3.06. Notes Redeemed or Purchased in Part 32 64 Section 3.07. Optional Redemption 32 64 Section 3.08. No Mandatory Redemption or Sinking Fund 33 66 Section 3.09. Offer to Purchase by Application of Excess Proceeds 33 66 ARTICLE 4 COVENANTS Section 4.01. Payment of Notes 35 68 Section 4.02. Maintenance of Office or Agency 36 69 Section 4.03. Reports 36 69 Section 4.04. Compliance Certificate 37 70 Section 4.05. Taxes 37 Section 4.0600 Xxxxxxx 0.00. StayXxxx, Extension Xxxxxxxxx and Usury Laws 38 71 Section 4.07. Limitation on Restricted Payments 38 71 Section 4.08. Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 41 78 Section 4.09. Limitation on Incurrence of Indebtedness and Issuance of Preferred Stock 43 80 Section 4.10. Limitation on Asset Sales 46 85 Section 4.11. Limitation on Transactions with Affiliates 48 88 Section 4.12. Limitation on Liens 49 91 Section 4.13. Additional Subsidiary Guarantees 49 Corporate Existence 91 Section 4.14. Corporate Existence 50 Section 4.15. Offer to Repurchase Upon Change of Control 50 91 Section 4.15. Payments for Consent 93 Section 4.16. Activities of Finance Corp. 52 Additional Note Guarantees 94 Section 4.17. Covenant Termination 53 Section 4.18. Designation of Restricted and Unrestricted Subsidiaries 5394 Section 4.18. Changes in Covenants When Notes Rated Investment Grade 95 ARTICLE 5

Redemption and Prepayment. Section 3.01. 3.01 Notices to Trustee 29 Trustee. 45 Section 3.02. 3.02 Selection of Notes to Be be Redeemed 29 or Purchased. 45 Section 3.03. 3.03 Notice of Redemption 30 Redemption. 46 Section 3.04. 3.04 Effect of Notice of Redemption 31 Redemption. 47 Section 3.05. 3.05 Deposit of Redemption Price 31 or Purchase Price. 47 Section 3.063.06 Optional Redemption. Notes Redeemed in Part 32 48 Section 3.073.07 Mandatory Redemption. Optional Redemption 32 48 Section 3.08. No Mandatory Redemption or Sinking Fund 33 Section 3.09. 3.08 Offer to Purchase by Application of Excess Proceeds 33 Proceeds. 48 Section 3.09 Payment of Additional Amounts 50 Section 3.10 Redemption for Tax Reasons 52 ARTICLE 4 COVENANTS Section 4.01. 4.01 Payment of Notes 35 Notes. 53 Section 4.02. 4.02 Maintenance of Office or Agency 36 Agency. 53 Section 4.034.03 Reports. Reports 36 53 Section 4.044.04 Compliance Certificate. Compliance Certificate 37 54 Section 4.05. Taxes 37 4.05 [Reserved.] 55 Section 4.06. 4.06 Stay, Extension and Usury Laws 38 Laws. 55 Section 4.074.07 Restricted Payments. Limitation on Restricted Payments 38 55 Section 4.08. Limitation on 4.08 Dividend and Other Payment Restrictions Affecting Subsidiaries 41 Restricted Subsidiaries. 59 Page Section 4.09. Limitation on 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock 43 Indebtedness. 60 Section 4.104.10 Asset Sales. Limitation on Asset Sales 46 61 Section 4.11. Limitation on 4.11 Transactions with Affiliates 48 Affiliates. 63 Section 4.124.12 Liens. Limitation on Liens 49 64 Section 4.134.13 [Reserved.] 65 Section 4.14 Corporate Existence. Additional Subsidiary Guarantees 49 65 Section 4.14. Corporate Existence 50 Section 4.15. 4.15 Offer to Repurchase Upon Change of Control 50 Control. 65 Section 4.164.16 No Layering of Debt. Activities 66 Section 4.17 Limitation on Preferred Stock of Finance Corp. 52 Restricted Subsidiaries. 67 Section 4.174.18 Payments for Consent. Covenant Termination 53 67 Section 4.184.19 Additional Note Guarantees. 67 Section 4.20 Designation of Restricted and Unrestricted Subsidiaries 53Subsidiaries. 68 Section 4.21 Covenant Suspension. 68

Redemption and Prepayment. Section 3.01. Notices to Trustee 29 28 Section 3.02. Selection of Notes to Be Redeemed 29 Section 3.03. Notice of Redemption 30 29 Section 3.04. Effect of Notice of Redemption 31 30 Section 3.05. Deposit of Redemption Price 31 30 Section 3.06. Notes Redeemed in Part 32 31 Section 3.07. Optional Redemption 32 31 Section 3.08. No Mandatory Redemption or Sinking Fund 33 32 Section 3.09. Offer to Purchase by Application of Excess Proceeds 33 32 ARTICLE 4 COVENANTS Section 4.01. Payment of Notes 35 34 Section 4.02. Maintenance of Office or Agency 36 34 Section 4.03. Reports 36 35 Section 4.04. Compliance Certificate 37 36 Section 4.05. Taxes 37 36 Section 4.06. Stay, Extension and Usury Laws 38 36 Section 4.07. Limitation on Restricted Payments 38 37 Section 4.08. Limitation on Dividend and Other Payment Restrictions Affecting Subsidiaries 41 40 Section 4.09. Limitation on Incurrence of Indebtedness and Issuance of Preferred Stock 43 42 Section 4.10. Limitation on Asset Sales 46 44 Section 4.11. Limitation on Transactions with Affiliates 48 46 Section 4.12. Limitation on Liens 49 47 Section 4.13. Additional Subsidiary Guarantees 49 47 Section 4.14. Corporate Existence 50 48 Section 4.15. Offer to Repurchase Upon Change of Control 50 48 Section 4.16. Activities of Finance Corp. 52 51 Section 4.17. Covenant Termination 53 51 Section 4.18. Designation of Restricted and Unrestricted Subsidiaries 5351

Redemption and Prepayment. Section 3.01. 3.01 Notices to Trustee 29 Trustee. 46 Section 3.02. 3.02 Selection of Notes to Be Redeemed 29 or Purchased. 46 Section 3.03. 3.03 Notice of Redemption 30 Redemption. 47 Section 3.04. 3.04 Effect of Notice of Redemption 31 Redemption. 48 Section 3.05. 3.05 Deposit of Redemption Price 31 or Purchase Price. 48 Section 3.06. 3.06 Notes Redeemed or Purchased in Part 32 Part. 48 Section 3.073.07 Optional Redemption. Optional Redemption 32 48 Section 3.083.08 Mandatory Redemption. No Mandatory Redemption or Sinking Fund 33 49 Section 3.09. 3.09 Offer to Purchase by Application of Excess Proceeds 33 Proceeds. 49 ARTICLE 4 4. COVENANTS Section 4.01. 4.01 Payment of Notes 35 Notes. 51 Section 4.02. 4.02 Maintenance of Office or Agency 36 Agency. 51 Section 4.034.03 Reports. Reports 36 52 Section 4.044.04 Compliance Certificate. Compliance Certificate 37 53 Section 4.054.05 Taxes. Taxes 37 54 Section 4.06. 4.06 Stay, Extension and Usury Laws 38 Laws. 54 Section 4.074.07 Restricted Payments. Limitation on Restricted Payments 38 54 Section 4.08. Limitation on 4.08 Dividend and Other Payment Restrictions Affecting Subsidiaries 41 Restricted Subsidiaries. 58 Section 4.09. Limitation on 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock 43 Stock. 60 Section 4.104.10 Asset Sales. Limitation on Asset Sales 46 64 Section 4.11. Limitation on 4.11 Transactions with Affiliates 48 Affiliates. 66 Section 4.124.12 Liens. Limitation on Liens 49 67 Section 4.134.13 Business Activities. Additional Subsidiary Guarantees 49 67 Section 4.144.14 Corporate Existence. Corporate Existence 50 67 Section 4.15. 4.15 Offer to Repurchase Upon Change of Control 50 Control. 69 Section 4.164.16 Additional Note Guarantees. Activities of Finance Corp. 52 69 Section 4.17. Covenant Termination 53 Section 4.18. 4.17 Designation of Restricted and Unrestricted Subsidiaries 53Subsidiaries. 70 Section 4.18 Changes in Covenants When Notes Rated Investment Grade. 70 Section 4.19 Special Interest Notice. 71

Redemption and Prepayment. Section 3.01. Notices to Trustee 29 35 Section 3.02. Selection of Notes to Be Redeemed 29 35 Section 3.03. [Intentionally Omitted] 36 Section 3.04. Notice of Redemption 30 36 Section 3.043.05. Effect of Notice of Redemption 31 36 Section 3.053.06. Deposit of Redemption Price 31 36 Section 3.063.07. Notes Redeemed in Part 32 37 Section 3.073.08. Optional Redemption 32 37 Section 3.083.09. No Mandatory Redemption or Sinking Fund 33 37 Section 3.093.10. Offer to Purchase by Application of Excess Net Proceeds 33 38 ARTICLE 4 COVENANTS Section 4.01. Payment of Notes 35 39 Section 4.02. Maintenance of Office or Agency 36 39 Section 4.03. Reports 36 Compliance Certificate 39 Section 4.04. Compliance Certificate 37 Taxes 40 Section 4.05. Taxes 37 Section 4.06. Stay, Extension and Usury Laws 38 40 Section 4.06. Change of Control 40 Section 4.07. Limitation on Restricted Payments 38 Asset Sales 42 Section 4.08. Limitation on Restricted Payments 43 Section 4.09. Incurrence of Indebtedness and Issuance of Disqualified Equity 46 Section 4.10. Liens 47 Section 4.11. Dividend and Other Payment Restrictions Affecting Subsidiaries 41 Section 4.09. Limitation on Incurrence of Indebtedness and Issuance of Preferred Stock 43 Section 4.10. Limitation on Asset Sales 46 Section 4.11. Limitation on Transactions with Affiliates 48 Section 4.12. Limitation on Liens Transactions With Affiliates 49 Section 4.13. Additional Subsidiary Guarantees 49 50 Section 4.14. Corporate Existence 50 Section 4.15. Offer to Repurchase Upon Change of Control 50 Section 4.16. Activities of Finance Corp. 52 Section 4.17. Covenant Termination 53 Section 4.18. Designation of Restricted and Unrestricted Subsidiaries 5351 Section 4.15. Business Activities 51 Section 4.16. [Intentionally Omitted] 51 Section 4.17. Payments for Consent 51 Section 4.18. Reports 51 Section 4.19. [Intentionally Omitted] 52 Section 4.20. Termination of Covenants 52 ARTICLE 5

Redemption and Prepayment. Section 3.01. 3.01 Notices to Trustee 29 45 Section 3.02. 3.02 Selection of Notes to Be Redeemed 29 or Purchased 45 Section 3.03. 3.03 Notice of Redemption 30 46 Section 3.04. 3.04 Effect of Notice of Redemption 31 47 Section 3.05. 3.05 Deposit of Redemption or Purchase Price 31 47 Section 3.06. 3.06 Notes Redeemed or Purchased in Part 32 47 Section 3.07. 3.07 Optional Redemption 32 48 Section 3.08. No Mandatory Redemption or Sinking Fund 33 3.08 Repurchase 48 Section 3.09. 3.09 Offer to Purchase by Application of Net Cash Proceeds 48 Section 3.10 Excess Proceeds 33 Cash Flow Redemption 50 ARTICLE 4 COVENANTS Section 4.01. 4.01 Payment of Notes 35 51 Section 4.02. 4.02 Maintenance of Office or Agency 36 51 Section 4.03. 4.03 Reports 36 51 Section 4.04. 4.04 Compliance Certificate 37 52 Section 4.05. 4.05 Taxes 37 52 Section 4.06. 4.06 Stay, Extension and Usury Laws 38 53 Page Section 4.07. Limitation on 4.07 Restricted Payments 38 53 Section 4.08. Limitation on 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 41 54 Section 4.09. Limitation on 4.09 Incurrence of Additional Indebtedness and Issuance 55 Section 4.10 Asset Sale/Event of Preferred Stock 43 Loss 59 Section 4.10. Limitation on Asset Sales 46 Section 4.11. Limitation on 4.11 Transactions with Affiliates 48 63 Section 4.12. Limitation on 4.12 Liens 49 64 Section 4.13. Additional Subsidiary Guarantees 49 4.13 Conduct of Business 64 Section 4.14. 4.14 Corporate Existence 50 65 Section 4.15. Offer to Repurchase 4.15 [Reserved] 65 Section 4.16 Conversion Upon Change of Control 50 Liquidity Event 65 Section 4.16. Activities of Finance Corp. 52 Section 4.17. Covenant Termination 53 Section 4.18. 4.17 Designation of Restricted and Unrestricted Subsidiaries 5367 Section 4.18 Additional Amounts 68 Section 4.19 Currency Indemnity 70 Section 4.20 Springing Collateral 71 Section 4.21 Minimum Liquidity 71 Section 4.22 Other Note Redemptions 72 Section 4.23 Listing 72 Section 4.24 Agreed Non-Operating Entities 72 Section 4.25 Junior Priority Capex Debt 72

Redemption and Prepayment. Section 3.01. Notices to Trustee 29 27 Section 3.02. Selection of Notes to Be Redeemed 29 28 Section 3.03. Notice of Redemption 30 28 Section 3.04. Effect of Notice of Redemption 31 29 Section 3.05. Deposit of Redemption Price 31 29 Section 3.06. Notes Redeemed in Part 32 29 Section 3.07. Optional Redemption 32 29 Section 3.08. No Mandatory Redemption or Sinking Fund 33 30 Section 3.09. Offer to Purchase by Application of Excess Net Proceeds 33 30 ARTICLE 4 COVENANTS Section 4.01. Payment of Notes 35 32 Section 4.02. Maintenance of Office or Agency 36 32 Section 4.03. Reports 36 Compliance Certificate 32 Section 4.04. Compliance Certificate 37 Taxes 33 Section 4.05. Taxes 37 Section 4.06. Stay, Extension and Usury Laws 38 33 Section 4.06. Change of Control 33 Section 4.07. Limitation on Restricted Payments 38 Asset Sales 35 Section 4.08. Limitation on Restricted Payments 36 Section 4.09. Incurrence of Indebtedness and Issuance of Disqualified Equity 39 Section 4.10. Liens 41 Section 4.11. Dividend and Other Payment Restrictions Affecting Subsidiaries 41 Section 4.09. Limitation on Incurrence of Indebtedness and Issuance of Preferred Stock 43 Section 4.10. Limitation on Asset Sales 46 Section 4.11. Limitation on Transactions with Affiliates 48 Section 4.12. Limitation on Liens 49 Transactions With Affiliates 43 Section 4.13. Additional Subsidiary Guarantees 49 44 Section 4.14. Corporate Existence 50 Section 4.15. Offer to Repurchase Upon Change of Control 50 Section 4.16. Activities of Finance Corp. 52 Section 4.17. Covenant Termination 53 Section 4.18. Designation of Restricted and Unrestricted Subsidiaries 5345 Section 4.15. Business Activities 45 Section 4.16. [Intentionally Omitted] 45 Section 4.17. Payments for Consent 45 Section 4.18. Reports 46 Section 4.19. [Intentionally Omitted] 46 Section 4.20. Termination of Covenants 46 ARTICLE 5

Redemption and Prepayment. Section 3.01. 3.01 Notices to Trustee 29 61 Section 3.02. 3.02 Selection of Notes to Be Redeemed 29 or Purchased 61 Section 3.03. 3.03 Notice of Redemption 30 62 Section 3.04. 3.04 Effect of Notice of Redemption 31 63 Section 3.05. 3.05 Deposit of Redemption or Purchase Price 31 63 Section 3.06. 3.06 Notes Redeemed or Purchased in Part 32 63 Section 3.07. 3.07 Optional Redemption 32 63 Section 3.08. No 3.08 Mandatory Redemption 64 Section 3.09 Mandatory Disposition or Sinking Fund 33 Redemption Pursuant to Gaming Laws 64 Section 3.09. 3.10 Offer to Purchase by Application of Excess Proceeds 33 65 ARTICLE 4 4. COVENANTS Section 4.01. 4.01 Payment of Notes 35 67 Section 4.02. 4.02 Maintenance of Office or Agency 36 68 Section 4.03. 4.03 Reports 36 68 Section 4.04. 4.04 Compliance Certificate 37 69 Section 4.05. 4.05 Taxes 37 70 Section 4.06. 4.06 Stay, Extension and Usury Laws 38 70 Section 4.07. Limitation on 4.07 Restricted Payments 38 70 Section 4.08. Limitation on 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 41 of Xxxx Las Vegas 74 Section 4.09. Limitation on 4.09 Incurrence of Indebtedness and Issuance of Preferred Disqualified Stock 43 75 Section 4.10. Limitation on 4.10 Asset Sales 46 79 Section 4.11. Limitation on 4.11 Transactions with Affiliates 48 81 Section 4.12. Limitation on 4.12 Liens 49 82 Section 4.13. Additional Subsidiary Guarantees 49 4.13 Line of Business 82 Section 4.14. 4.14 Corporate and Organizational Existence 50 83 Section 4.15. 4.15 Offer to Repurchase Purchase Upon Change of Control 50 83 Section 4.16. Activities 4.16 Events of Finance Corp. 52 Loss 85 Section 4.17. Covenant Termination 53 Section 4.18. 4.17 Designation of Restricted and Unrestricted Subsidiaries 5387 Section 4.18 Limitation on Status as Investment Company 88 Section 4.19 Limitation on Sale and Leaseback Transactions 88 Section 4.20 Restrictions on Payments of Management Fees 88 Section 4.21 Limitation on Issuances and Sales of Equity Interests in Wholly Owned Restricted Subsidiaries 89 Section 4.22 Amendments to Certain Agreements 89 Section 4.23 Amendments to Operating Agreements and Charter Documents 90 Section 4.24 Insurance 90 Section 4.25 Additional Collateral; Formation or Acquisition of Restricted Subsidiaries, Designation of Unrestricted Subsidiaries as Restricted Subsidiaries or Permitted C-Corp. Conversion 90 Section 4.26 Additional Collateral; Acquisition of Assets or Property 92 Section 4.27 Further Assurances 93 Section 4.28 Payments for Consent 93 Section 4.29 Restrictions on Activities of Xxxx Capital 94 ARTICLE 5.

Redemption and Prepayment. Section 3.01. 3.01 Notices to Trustee 29 Trustee. 49 Section 3.02. 3.02 Selection of Notes to Be Redeemed 29 or Purchased. 50 Section 3.03. 3.03 Notice of Redemption 30 Redemption. 50 Section 3.04. 3.04 Effect of Notice of Redemption 31 Redemption. 51 Section 3.05. 3.05 Deposit of Redemption Price 31 or Purchase Price. 51 Section 3.06. 3.06 Notes Redeemed or Purchased in Part 32 Part. 52 Section 3.073.07 Optional Redemption. Optional Redemption 32 52 Section 3.083.08 Mandatory Redemption. No Mandatory Redemption or Sinking Fund 33 53 Section 3.09. 3.09 Offer to Purchase by Application of Excess Proceeds 33 Proceeds. 53 ARTICLE 4 4. COVENANTS Section 4.01. 4.01 Payment of Notes 35 Notes. 55 Section 4.02. 4.02 Maintenance of Office or Agency 36 Agency. 55 Section 4.034.03 Reports. Reports 36 56 Section 4.044.04 Compliance Certificate. Compliance Certificate 37 57 Section 4.054.05 Taxes. Taxes 37 57 Section 4.06. 4.06 Stay, Extension and Usury Laws 38 Laws. 57 Section 4.074.07 Restricted Payments. Limitation on Restricted Payments 38 58 Section 4.08. Limitation on 4.08 Dividend and Other Payment Restrictions Affecting Subsidiaries 41 Restricted Subsidiaries. 63 Section 4.09. Limitation on 4.09 Incurrence of Indebtedness and Issuance of Disqualified Stock and Preferred Stock 43 Stock. 64 Section 4.104.10 Asset Sales. Limitation on Asset Sales 46 70 Section 4.11. Limitation on 4.11 Transactions with Affiliates 48 Affiliates. 71 Section 4.124.12 Liens. Limitation on Liens 49 74 Section 4.134.13 Business Activities. Additional Subsidiary Guarantees 49 74 Section 4.144.14 Corporate Existence. Corporate Existence 50 74 Section 4.15. 4.15 Offer to Repurchase Upon Change of Control 50 Control. 74 Section 4.164.16 No Layering of Debt. Activities of Finance Corp. 52 76 Section 4.17. Covenant Termination 53 Section 4.18. 4.17 Designation of Restricted and Unrestricted Subsidiaries 5377 Section 4.18 Limitation on Sale and Leaseback Transactions. 77 Section 4.19 Existence of Corporate Co-Issuer 78 Section 4.20 Payments for Consent. 78 Section 4.21 Additional Subsidiary Guarantees. 78 ARTICLE 5.

Redemption and Prepayment. Section 3.01. Notices to Trustee 29 Redemption 27 Section 3.02. Selection Optional Redemption of the Notes to Be Redeemed 29 27 Section 3.03. Notice of Tax Redemption 30 28 Section 3.04. Effect of Notice of Redemption 31 Section 3.05. Deposit of Redemption Price 31 Section 3.06. Notes Redeemed in Part 32 Section 3.07. Optional Redemption 32 Section 3.08. No Mandatory Redemption or Sinking Fund 33 Section 3.09. Repurchase Offer to Purchase by Application of Excess Proceeds 33 29 ARTICLE 4 COVENANTS Section 4.01. Payment of Notes 35 31 Section 4.02. Maintenance of Office or Agency 36 Reports to Holders 31 Section 4.03. Reports 36 Section 4.04. Compliance Certificate 37 Section 4.05. Taxes 37 Section 4.06. Stay, Extension and Usury Laws 38 Section 4.07. Limitation on Restricted Payments 38 31 Section 4.084.04. Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 41 35 Section 4.05. Limitation on Incurrence of Additional Indebtedness 36 Section 4.06. Limitation on Preferred Stock of Domestic Restricted Subsidiaries 40 Section 4.07. Asset Sales 40 Section 4.08. Limitations on Transactions with Affiliates 42 Section 4.09. Limitation on Incurrence of Indebtedness and Issuance of Preferred Stock Liens 43 Section 4.10. Limitation on Asset Sales 46 Conduct of Business 45 Section 4.11. Limitation on Transactions with Affiliates 48 Section 4.12. Limitation on Liens 49 Section 4.13. Additional Subsidiary Guarantees 49 Section 4.14. Corporate Existence 50 Section 4.15. Offer to Repurchase Upon Change of Control 45 Section 4.12. Subsidiary Guarantees 46 Section 4.13. Payments for Consent 46 Section 4.14. Suspension of Covenants 46 Section 4.15. Payment of Additional Amounts 47 ARTICLE 5 MERGER, CONSOLIDATION, OR SALE OF ASSETS Section 5.01. Merger, Consolidation, or Sale of Assets 50 EVENTS OF DEFAULT Section 4.166.01. Activities Events of Finance Corp. Default 52 Section 4.176.02. Other Amendments 54 ARTICLE 7 LEGAL DEFEASANCE AND COVENANT DEFEASANCE Section 7.01. Legal Defeasance and Covenant Termination 53 Section 4.18. Designation of Restricted and Unrestricted Subsidiaries 53Defeasance 54 ARTICLE 8

Redemption and Prepayment. Section 3.01. Notices to Trustee 29 Section 3.02. Selection of Notes to Be Redeemed 29 Section 3.03. Notice of Redemption 30 Section 3.04. Effect of Notice of Redemption 31 Section 3.05. Deposit of Redemption Price 31 Section 3.06. Notes Redeemed in Part 32 Section 3.07. 3.01 Optional Redemption 32 20 Section 3.08. No 3.02 Special Mandatory Redemption or Sinking Fund 33 20 Section 3.093.03 Redemption Procedures 21 ARTICLE IV. Offer to Purchase by Application of Excess Proceeds 33 ARTICLE 4 COVENANTS Section 4.01. 4.01 Payment of Notes 35 21 Section 4.02. 4.02 Maintenance of Office or Agency 36 21 Section 4.03. 4.03 Reports 36 22 Section 4.04. 4.04 Compliance Certificate 37 23 Section 4.05. Taxes 37 4.05 [Reserved] 23 Section 4.06. 4.06 Stay, Extension and Usury Laws 38 23 Section 4.07. Limitation on 4.07 Restricted Payments 38 24 Section 4.08. Limitation on 4.08 Dividend and Other Payment Restrictions Affecting Subsidiaries 41 27 Section 4.09. Limitation on 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock 43 29 Section 4.10. Limitation on 4.10 Asset Sales 46 34 Section 4.11. Limitation on 4.11 Transactions with Affiliates 48 35 Section 4.12. Limitation on 4.12 Liens 49 37 Section 4.13. Additional Subsidiary Guarantees 49 4.13 Business Activities 37 Section 4.14. Corporate 4.14 Existence 50 38 Section 4.15. 4.15 Offer to Repurchase Upon Change of Control 50 Triggering Event 38 Section 4.16. Activities of Finance Corp. 52 4.16 Payments for Consent 40 Section 4.17. Covenant Termination 53 4.17 Additional Note Guarantees 40 Section 4.18. 4.18 Designation of Restricted and Unrestricted Subsidiaries 5340 Section 4.19 Changes in Covenants When Notes Rated Investment Grade 41 Page ARTICLE V. DEFAULTS AND REMEDIES Section 5.01 Events of Default 41 ARTICLE VI. MISCELLANEOUS Section 6.01 Effect of Second Supplemental Indenture 43 Section 6.02 Governing Law 44 Section 6.03 Waiver of Jury Trial 44 Section 6.04 No Adverse Interpretation of Other Agreements 44 Section 6.05 Successors 44 Section 6.06 Severability 44 Section 6.07 Counterparts 44 Section 6.08 Table of Contents, Headings, etc. 44 Section 6.09 Beneficiaries of this Second Supplemental Indenture 45 Section 6.10 No Personal Liability of Directors, Officers, Employees and Stockholders 45 Section 6.11 The Trustee 45 Appendix A PROVISIONS RELATING TO INITIAL NOTES AND EXCHANGE NOTES EXHIBITS Exhibit A FORM OF INITIAL 6.625% NOTE Exhibit B FORM OF NOTATION OF GUARANTEE Exhibit C FORM OF SUPPLEMENTAL INDENTURE SECOND SUPPLEMENTAL INDENTURE (this “Second Supplemental Indenture”), dated as of March 19, 2013, among MetroPCS Wireless, Inc., a Delaware corporation, MetroPCS, Inc., a Delaware corporation, MetroPCS Communications, Inc., a Delaware corporation, the Subsidiary Guarantors party hereto from time to time and Deutsche Bank Trust Company Americas, a New York banking corporation, as trustee (the “Trustee”).

Redemption and Prepayment. Section 3.01. 3.01 Notices to Trustee 29 47 Section 3.02. 3.02 Selection of Notes to Be Redeemed 29 or Purchased 48 Section 3.03. 3.03 Notice of Redemption 30 48 Section 3.04. 3.04 Effect of Notice of Redemption 31 49 Section 3.05. 3.05 Deposit of Redemption or Purchase Price 31 49 Section 3.06. 3.06 Notes Redeemed or Purchased in Part 32 50 Section 3.07. 3.07 Optional Redemption 32 50 Section 3.08. No 3.08 Mandatory Redemption or Sinking Fund 33 Section 3.0951 ARTICLE IV. Offer to Purchase by Application of Excess Proceeds 33 ARTICLE 4 COVENANTS Section 4.01. 4.01 Payment of Notes 35 51 Section 4.02. 4.02 Maintenance of Office or Agency 36 51 Section 4.03. 4.03 Reports 36 52 Section 4.04. 4.04 Compliance Certificate 37 54 Section 4.05. 4.05 Taxes 37 54 Section 4.06. 4.06 Stay, Extension and Usury Laws 38 54 Section 4.07. Limitation on 4.07 Restricted Payments 38 54 Section 4.08. Limitation on 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries 41 59 Section 4.09. Limitation on 4.09 Incurrence of Additional Indebtedness and Issuance of Preferred Stock 43 61 Section 4.10. Limitation on 4.10 Asset Sales 46 65 Section 4.11. Limitation on 4.11 Transactions with Affiliates 48 68 Section 4.12. Limitation on 4.12 Liens 49 71 Section 4.13. Additional Subsidiary Guarantees 49 4.13 Conduct of Business 71 Section 4.14. 4.14 Corporate Existence 50 72 Section 4.15. 4.15 Offer to Repurchase Upon Change of Control 50 72 Section 4.16. Activities 4.16 Preferred Stock of Finance Corp. 52 Restricted Subsidiaries 74 Section 4.17. Covenant Termination 53 4.17 Additional Subsidiary Note Guarantees 74 Section 4.18. 4.18 Designation of Restricted and Unrestricted Subsidiaries 5375 Section 4.19 Changes in Covenants When Notes Rated Investment Grade 75 ARTICLE V.