EX-4.1 2 d583119dex41.htm EX-4.1 EX-4.1

Exhibit 4.1

SUPPLEMENTAL INDENTURE

SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of August 13, 2013, among Pinnacle Entertainment, Inc., a Delaware corporation (the “Company”), the entities listed on Appendix A hereto (the “Guarantors”), each a subsidiary of the Company, and The Bank of New York Mellon Trust Company, N.A., as trustee under the Indenture referred to below (the “Trustee”).

W I T N E S S E T H

WHEREAS, PNK Finance Corp., a former wholly-owned subsidiary of the Company formed as a Delaware corporation (“Escrow Issuer”), has heretofore executed and delivered to the Trustee an indenture (the “Indenture”), dated as of August 5, 2013, providing for the issuance of 6.375% Senior Notes due 2021 (the “Notes”);

WHEREAS, the Notes were issued and sold in connection with the Acquisition;

WHEREAS, on the date hereof, the Company consummated the Acquisition and, following the consummation of the Acquisition, Escrow Issuer merged with and into the Company, with the Company as the surviving Person;

WHEREAS, pursuant to this Supplemental Indenture, the Company will expressly assume the due and punctual payment of the principal of, and premium, if any, and interest and Additional Interest, if any, on all of the Notes and the performance of every covenant of the Notes and the Indenture and the Registration Rights Agreement on the part of Escrow Issuer to be performed or observed, and the Guarantors shall unconditionally guarantee all of the Company’s Obligations under the Notes and the Indenture, all on the terms set forth herein (the “Guaranty”); and

WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee is authorized to execute and deliver this Supplemental Indenture.

NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Company, the Guarantors and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows:

1. CAPITALIZED TERMS. Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture.

2. ASSUMPTION OF OBLIGATIONS. The Company hereby assumes the due and punctual payment of the principal of, and premium, if any, and interest and Additional Interest, if any, on all of the Notes and the performance of every covenant of the Notes and the Indenture and the Registration Rights Agreement on the part of Escrow Issuer to be performed and observed and hereby joins and becomes a party to and is hereby bound by all other applicable provisions of the Indenture and the Notes.

3. GUARANTY. Each of the Guarantors hereby agrees to provide an unconditional Guaranty on the terms and subject to the conditions set forth in the Guaranty and in the Indenture including but not limited to Article 10 thereof.

4. NO RECOURSE AGAINST OTHERS. No past, present or future director, officer, employee, incorporator, stockholder or agent of the Guarantors, as such, shall have any liability for any obligations of the Company or any Guarantor under the Notes, any Guaranties, the Indenture or this Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of the Notes

 

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by accepting a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. Such waiver may not be effective to waive liabilities under the federal securities laws and it is the view of the SEC that such a waiver is against public policy.

5. NEW YORK LAW TO GOVERN. THE INTERNAL LAW OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE THIS SUPPLEMENTAL INDENTURE WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY.

6. COUNTERPARTS. The parties may sign any number of copies of this Supplemental Indenture. Each signed copy shall be an original, but all of them together represent the same agreement.

7. EFFECT OF HEADINGS. The Section headings herein are for convenience only and shall not affect the construction hereof.

8. THE TRUSTEE. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Company and the Guarantors.

[Signature page follows.]

 

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IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed and attested, all as of the date first above written.

 

THE COMPANY:
PINNACLE ENTERTAINMENT, INC., a Delaware corporation
By:  

/s/ Carlos A. Ruisanchez

Name:   Carlos A. Ruisanchez
Title:   President and Chief Financial Officer

 

THE TRUSTEE:

THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee
By:  

/s/ Julie Hoffman-Ramos

Name:   Julie Hoffman-Ramos
Title:   Vice President

THE GUARANTORS:

PNK (SAZ), LLC, a Texas limited liability company;

PNK (SAM), LLC, a Texas limited liability company;

BELTERRA RESORT INDIANA, LLC, a Nevada limited liability company;

BOOMTOWN, LLC, a Delaware limited liability company;

PNK (ES), LLC, a Delaware limited liability company;

PNK (RENO), LLC, a Nevada limited liability company;

PNK (LAKE CHARLES), L.L.C., a Louisiana limited liability company;

PNK (STLH), LLC, a Delaware limited liability company;

PNK (ST. LOUIS RE), LLC, a Delaware limited liability company;

PNK DEVELOPMENT 7, LLC, a Delaware limited liability company;

PNK DEVELOPMENT 8, LLC, a Delaware limited liability company;

PNK DEVELOPMENT 9, LLC, a Delaware limited liability company;

PNK (OHIO), LLC, an Ohio limited liability company;

PNK (RIVER CITY), LLC, a Missouri limited liability company;

and

CASINO MAGIC, LLC, a Minnesota limited liability company

    By:   Pinnacle Entertainment, Inc.
    Its:   Sole Member
          By:  

/s/ Carlos A. Ruisanchez

          Name:   Carlos A. Ruisanchez
         

Title:

   President and Chief Financial Officer
PNK (OHIO) II, LLC, an Ohio limited liability company; and
PNK (OHIO) III, LLC, an Ohio limited liability company
  By:   PNK (Ohio), LLC
  Its:   Sole Member
    By:   Pinnacle Entertainment, Inc.
    Its:   Sole Member
          By:  

/s/ Carlos A. Ruisanchez

          Name:   Carlos A. Ruisanchez
          Title:   President and Chief Financial Officer

 

PRESIDENT RIVERBOAT CASINO-MISSOURI, INC., a Missouri corporation

  By:  

/s/ Carlos A. Ruisanchez

  Name:   Carlos A. Ruisanchez
  Title:   Treasurer

PNK (BOSSIER CITY), INC., a Louisiana corporation

  By:  

/s/ Carlos A. Ruisanchez

  Name:   Carlos A. Ruisanchez
  Title:   Treasurer

CASINO ONE CORPORATION, a Mississippi corporation

  By:  

/s/ Carlos A. Ruisanchez

  Name:   Carlos A. Ruisanchez
  Title:   Treasurer

PNK (BILOXI), LLC, a Delaware limited liability company

             By:   Casino Magic, LLC
  Its:   Sole Member
    By:   Pinnacle Entertainment, Inc.
    Its:   Sole Member
              By:  

/s/ Carlos A. Ruisanchez

              Name:   Carlos A. Ruisanchez
              Title:   President and Chief Financial Officer

 

      LOUISIANA – I GAMING, a Louisiana Partnership in Commendam
        By:    Boomtown, LLC
        Its:    General Partner
           By:   Pinnacle Entertainment, Inc.
           Its:   Sole Member
                 By:   

/s/ Carlos A. Ruisanchez

                 Name:    Carlos A. Ruisanchez
                 Title:    President and Chief Financial Officer
      OGLE HAUS, LLC, an Indiana limited liability company
        By:    Belterra Resort Indiana, LLC
        Its:    Sole Member
           By:   Pinnacle Entertainment, Inc.
           Its:   Sole Member
                 By:   

/s/ Carlos A. Ruisanchez

                 Name:    Carlos A. Ruisanchez
                 Title:    President and Chief Financial Officer
      YANKTON INVESTMENTS, LLC, a Nevada limited liability company
           By:  

/s/ Carlos A. Ruisanchez

           Name:   Carlos A. Ruisanchez
           Title:   Sole Manager
      PNK (SCB), L.L.C., a Louisiana limited liability company
        By:    PNK Development 7, LLC
        Its:    Sole Member
           By:   Pinnacle Entertainment, Inc.
           Its:   Sole Member
                 By:   

/s/ Carlos A. Ruisanchez

                 Name:    Carlos A. Ruisanchez
                 Title:    President and Chief Financial Officer

PNK (BATON ROUGE) PARTNERSHIP, a Louisiana partnership

        

  

By:

   PNK Development 8, LLC
  Its:   Managing Partner
    By:   Pinnacle Entertainment, Inc.
    Its:   Sole Member
        By:  

/s/ Carlos A. Ruisanchez

        Name:  

Carlos A. Ruisanchez

        Title:   President and Chief Financial Officer

ACE GAMING, LLC, a New Jersey limited liability company; and

MITRE ASSOCIATES, LLC, a Delaware limited liability company

  By:   PNK Development 13, LLC
  Its:   Sole Member
    By:   PNK (BILOXI), LLC
    Its:   Sole Member
      By:   Casino Magic, LLC
      Its:   Sole Member
        By:   Pinnacle Entertainment, Inc.
        Its:   Sole Member
          By:  

/s/ Carlos A. Ruisanchez

          Name:   Carlos A. Ruisanchez
          Title:   President and Chief Financial Officer

AREH MLK LLC, a Delaware limited liability company;

PSW PROPERTIES, LLC, a Delaware limited liability company;

AREP BOARDWALK PROPERTIES, LLC, a Delaware limited liability company; and

PNK DEVELOPMENT 13, LLC, a New Jersey limited liability company

           By:   PNK (Biloxi), LLC
  Its:   Sole Member
            By:   Casino Magic, LLC
            Its:   Sole Member
          By:   Pinnacle Entertainment, Inc.
          Its:   Sole Member
        By:  

/s/ Carlos A. Ruisanchez

        Name:   Carlos A. Ruisanchez
        Title:   President and Chief Financial Officer

AMERISTAR CASINO BLACK HAWK, INC., a Colorado corporation;

AMERISTAR CASINO COUNCIL BLUFFS, INC., an Iowa corporation;

AMERISTAR CASINO ST. CHARLES, INC., a Missouri corporation;

AMERISTAR CASINO ST. LOUIS, INC., a Missouri corporation;

AMERISTAR CASINO KANSAS CITY, INC., a Missouri corporation;

AMERISTAR CASINO VICKSBURG, INC., a Mississippi corporation;

CACTUS PETE’S, INC., a Nevada corporation;

AMERISTAR CASINO LAS VEGAS, INC., a Nevada corporation; and

AMERISTAR CASINOS FINANCING CORP., a Nevada corporation

        By:  

/s/ Carlos A. Ruisanchez

        Name:   Carlos A. Ruisanchez
        Title:   President

AMERISTAR EAST CHICAGO HOLDINGS, LLC, an Indiana limited liability company;

AMERISTAR CASINO SPRINGFIELD, LLC, a Massachusetts limited liability company;

AMERISTAR LAKE CHARLES HOLDINGS, LLC, a Louisiana limited liability company; and

AMERISTAR CASINO EAST CHICAGO, LLC, an Indiana limited liability company

 

By:

  

/s/ Carlos A. Ruisanchez

 

Name:

   Carlos A. Ruisanchez
 

Title:

   Sole manager

AMERISTAR CASINO LAKE CHARLES, LLC, a
Louisiana limited liability company

        By:   Ameristar Lake Charles Holdings, LLC, its sole member
 

By:

  

/s/ Carlos A. Ruisanchez

 

Name:

   Carlos A. Ruisanchez
 

Title:

   Sole manager

APPENDIX A

List of Guarantors

 

  1. ACE Gaming, LLC, a New Jersey limited liability company
  2. AREH MLK LLC, a Delaware limited liability company
  3. AREP Boardwalk Properties LLC, a Delaware limited liability company
  4. Belterra Resort Indiana, LLC, a Nevada limited liability company
  5. Boomtown, LLC, a Delaware limited liability company
  6. Casino Magic, LLC, a Minnesota limited liability company
  7. Casino One Corporation, a Mississippi corporation
  8. Louisiana-I Gaming, a Louisiana Partnership in Commendam
  9. Mitre Associates LLC, a Delaware limited liability company
  10. OGLE HAUS, LLC, an Indiana limited liability company
  11. PNK (Baton Rouge) Partnership, a Louisiana partnership
  12. PNK (BILOXI), LLC, a Delaware limited liability company
  13. PNK (BOSSIER CITY), Inc., a Louisiana corporation
  14. PNK Development 7, LLC, a Delaware limited liability company
  15. PNK Development 8, LLC, a Delaware limited liability company
  16. PNK Development 9, LLC, a Delaware limited liability company
  17. PNK Development 13, LLC, a New Jersey limited liability company
  18. PNK (ES), LLC, a Delaware limited liability company
  19. PNK (LAKE CHARLES), L.L.C., a Louisiana limited liability company
  20. PNK (Ohio), LLC, an Ohio limited liability company
  21. PNK (Ohio) II, LLC, an Ohio limited liability company
  22. PNK (Ohio) III, LLC, an Ohio limited liability company
  23. PNK (Reno), LLC, a Nevada limited liability company
  24. PNK (River City), LLC, a Missouri limited liability company
  25. PNK (SAM), LLC, a Texas limited liability company
  26. PNK (SAZ), LLC, a Texas limited liability company
  27. PNK (SCB), L.L.C. , a Louisiana limited liability company
  28. PNK (ST. LOUIS RE), LLC, a Delaware limited liability company
  29. PNK (STLH), LLC, a Delaware limited liability company
  30. President Riverboat Casino-Missouri, Inc., a Missouri corporation
  31. PSW Properties LLC, a Delaware limited liability company
  32. Yankton Investments, LLC, a Nevada limited liability company
  33. Ameristar Casino Black Hawk, Inc., a Colorado corporation
  34. Ameristar Casino Council Bluffs, Inc., an Iowa corporation
  35. Ameristar Casino St. Charles, Inc., a Missouri corporation
  36. Ameristar Casino St. Louis, Inc., a Missouri corporation
  37. Ameristar Casino Kansas City, Inc., a Missouri corporation
  38. Ameristar Casino Vicksburg, Inc., a Mississippi corporation
  39. Cactus Pete’s, Inc., a Nevada corporation
  40. Ameristar Casino Las Vegas, Inc., a Nevada corporation
  41. Ameristar East Chicago Holdings, LLC, an Indiana limited liability company
  42. Ameristar Casino East Chicago, LLC, an Indiana limited liability company
  43. Ameristar Casino Springfield, LLC, a Massachusetts limited liability company
  44. Ameristar Casinos Financing Corp., a Nevada corporation
  45. Ameristar Casino Lake Charles, LLC, a Louisiana limited liability company
  46. Ameristar Lake Charles Holdings, LLC, a Louisiana limited liability company