EX-4.13.26 31 y93391a1exv4w13w26.htm EX-4.13.26 exv4w13w26
EXHIBIT 4.13.26
The taking of this document or any certified copy of it or any other document which constitutes substitute documentation for it, or any document which includes written confirmations or references to it, into Austria as well as printing out any e-mail communication which refers to this document in Austria or sending any e-mail communication to which a pdf scan of this document is attached to an Austrian addressee or sending any e-mail communication carrying an electronic or digital signature which refers to this document to an Austrian addressee may cause the imposition of Austrian stamp duty. Accordingly, keep the original document as well as all certified copies thereof and written and signed references to it outside of Austria and avoid printing out any e-mail communication which refers to this document in Austria or sending any e-mail communication to which a pdf scan of this document is attached to an Austrian addressee or sending any e-mail communication carrying an electronic or digital signature which refers to this document to an Austrian addressee.
     SUPPLEMENT NO. 27 (this “Supplement”) dated as of November 16, 2010 to the Collateral Agreement dated as of November 5, 2009 (the “Collateral Agreement”), among REYNOLDS GROUP HOLDINGS INC., a corporation organized under the laws of the state of Delaware (“RGHI”), REYNOLDS CONSUMER PRODUCTS HOLDINGS INC., a corporation organized under the laws of the state of Delaware (the “U.S. Term Borrower” and, together with RGHI, the “U.S. Term Borrowers”), CLOSURE SYSTEMS INTERNATIONAL HOLDINGS INC., a corporation organized under the laws of the state of Delaware (together with the U.S. Term Borrowers, the “Borrowers”), REYNOLDS GROUP ISSUER LLC, a limited liability company formed under the laws of the state of Delaware (the “U.S. Issuer”), REYNOLDS GROUP ISSUER INC., a corporation organized under the laws of the state of Delaware (the “U.S. Co-Issuer” and, together with the U.S. Issuer, the “Issuers”), each Subsidiary of Holdings from time to time party thereto (each such Subsidiary, the Borrowers and the Issuers are referred to collectively herein as the “Grantors”) and THE BANK OF NEW YORK MELLON, as collateral agent (in such capacity, the “Collateral Agent”) for the Secured Parties (as defined therein).
     A. Reference is made to (a) the Credit Agreement dated as of November 5, 2009, as amended by Amendment No. 1 dated as of January 21, 2010, as further amended by Amendment No. 2 and Incremental Term Loan Assumption Agreement dated as of May 4, 2010 and as further amended by Amendment No. 3 and Incremental Term Loan Assumption Agreement dated as of September 30, 2010 (as further amended, extended, restructured, renewed, novated, supplemented, restated, refunded, replaced or otherwise modified from time to time, the “Credit Agreement”), among the Borrowers, the European Borrowers (as defined therein), Holdings, the guarantors from time to time party thereto, the lenders from time to time party thereto (the “Lenders”), and Credit Suisse AG, as administrative agent (in such capacity, the “Administrative Agent”), (b) the Indenture dated as of November 5, 2009 (as amended, extended, restructured,

 

 

renewed, refunded, novated, supplemented, restated, replaced or otherwise modified from time to time, the “2009 Senior Secured Note Indenture”), among the Reynolds Group Escrow LLC, Reynolds Group DL Escrow Inc. and The Bank of New York Mellon, as trustee (in such capacity, the “2009 Indenture Trustee”), principal paying agent, transfer agent and registrar, (c) the Indenture dated as of October 15, 2010 (as amended, extended, restructured, renewed, refunded, novated, supplemented, restated, replaced or otherwise modified from time to time, the “2010 Senior Secured Note Indenture”), among RGHL US Escrow I LLC, RGHL US Escrow Inc. and RGHL Escrow Issuer (Luxembourg) I S.A. and The Bank of New York Mellon, as trustee (in such capacity, the “2010 Indenture Trustee”), principal paying agent, transfer agent, registrar and collateral agent, Wilmington Trust (London) Limited, as additional collateral agent, and The Bank of New York Mellon, London Branch, as paying agent, and (d) the First Lien Intercreditor Agreement dated as of November 5, 2009, as amended by Amendment No. 1 and Joinder Agreement dated as of January 21, 2010 (as further amended, novated, supplemented, restated or modified from time to time, the “First Lien Intercreditor Agreement”), among the Collateral Agent, the 2009 Indenture Trustee, the 2010 Indenture Trustee, the Administrative Agent and the Loan Parties party thereto.
     B. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms pursuant to the Collateral Agreement.
     C. The Grantors have entered into the Collateral Agreement in order to induce the Secured Parties to extend credit to the Grantors pursuant to the Loan Documents.
     D. Section 5.16 of the Collateral Agreement provides that additional U.S. Subsidiaries of Holdings may become Grantors under the Collateral Agreement by execution and delivery of an instrument in the form of Exhibit A to the Collateral Agreement. The undersigned U.S. Subsidiary (the “New U.S. Subsidiary”) is executing this Supplement in accordance with the requirements of the Collateral Agreement and the other Loan Documents to become a Grantor under the Collateral Agreement in order to induce the Secured Parties to extend additional credit and as consideration for credit previously extended, in each case, under the Loan Documents.
     Accordingly, the Collateral Agent and the New U.S. Subsidiary agree as follows:
     SECTION 1. In accordance with Section 5.16 of the Collateral Agreement, the New U.S. Subsidiary by its signature below becomes a U.S. Grantor under the Collateral Agreement with the same force and effect as if originally named therein as a U.S. Grantor and the New U.S. Subsidiary hereby (a) agrees to all the terms and provisions of the Collateral Agreement applicable to it as a U.S. Grantor thereunder and (b) represents and warrants that the representations and warranties made by it as a U.S. Grantor thereunder are true

 

 

and correct on and as of the date hereof. In furtherance of the foregoing, the New U.S. Subsidiary, as security for the payment and performance in full of the Obligations, does hereby create and grant to the Collateral Agent, its successors and assigns, for the ratable benefit of the Secured Parties, their successors and assigns, a security interest in and lien on all of the New U.S. Subsidiary’s right, title and interest in and to the Collateral of the New U.S. Subsidiary to the extent provided in the Collateral Agreement. Each reference to a “Grantor” and “U.S. Grantor” in the Collateral Agreement shall be deemed to include the New U.S. Subsidiary. The Collateral Agreement is hereby incorporated herein by reference.
     SECTION 2. The New U.S. Subsidiary represents and warrants to the Collateral Agent and the other Secured Parties that this Supplement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with the terms hereof.
     SECTION 3. This Supplement may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. This Supplement shall become effective when the Collateral Agent shall have received counterparts of this Supplement that, when taken together, bear the signatures of the New U.S. Subsidiary and the Collateral Agent. Delivery of an executed signature page to this Supplement by facsimile transmission or other customary means of electronic transmission shall be effective as delivery of a manually signed counterpart of this Supplement.
     SECTION 4. The New U.S. Subsidiary hereby represents and warrants that (a) set forth on Schedules 1 through 12 attached hereto are true and correct schedules of the information, with respect to such New U.S. Subsidiary, required by the Perfection Certificate, the form of which is attached as Exhibit B to the Collateral Agreement, and (b) set forth under its signature hereto is the true and correct legal name of the New U.S. Subsidiary and its jurisdiction of organization.
     SECTION 5. Except as expressly supplemented hereby, the Collateral Agreement shall remain in full force and effect.
     SECTION 6. THIS SUPPLEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
     SECTION 7. In case any one or more of the provisions contained in this Supplement should be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein and in the Collateral Agreement shall not in any way be affected or impaired thereby (it being understood that the invalidity of a particular provision in a particular jurisdiction shall not in and of itself affect the validity of such provision in any other jurisdiction). The parties hereto shall endeavor in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid

 

 

provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions.
     SECTION 8. All communications and notices hereunder shall (except as otherwise permitted by the Collateral Agreement) be in writing and given as provided pursuant to Section 5.01 of the Collateral Agreement.
     SECTION 9. The New U.S. Subsidiary agrees to reimburse the Collateral Agent for its out-of-pocket expenses in connection with this Supplement, including the fees, other charges and disbursements of counsel for the Collateral Agent as provided in Section 5.06 of the Collateral Agreement, mutatis mutandis.
     SECTION 10. The New U.S. Subsidiary is a corporation duly organized under the law of New Jersey.

 

 

     IN WITNESS WHEREOF, the New U.S. Subsidiary and the Collateral Agent have duly executed this Supplement to the Collateral Agreement as of the day and year first above written.
         
  NEWSPRING INDUSTRIAL CORP.
 		  
  By   /s/ Mark J. Dunkley    
    Name:   Mark J. Dunkley    
    Title:   Vice President
  
    Address:   1900 W. Field Court, Lake Forest, IL 60045
Legal Name: Newspring Industrial Corp.
Jurisdiction of Formation: New Jersey 		  
 
[Signature Page To Supplement To Collateral Agreement Of Newspring Industrial Corp.]

 

 

         
  THE BANK OF NEW YORK MELLON, as
Collateral Agent
 		  
  By   /s/ Catherine F. Donohue    
    Name:   Catherine F. Donohue   
    Title:   Vice President   
 
[Signature Page to Supplement to Collateral Agreement of Newspring Industrial Corp.]

 

 

Schedule 1 to
Supplement No. 27 to the
Collateral Agreement
Schedule 1
Names
         
        Change in Identity
        or Corporate
    Other Legal Names   Structure Within
Grantor’s Exact Legal Name   (including date of change)   the Past 5 years
Newspring Industrial Corp.
  N/A   N/A

 

 

Schedule 2(a) to
Supplement No. 27 to the
Collateral Agreement
Schedule 2(a)
Jurisdictions and Locations
                     
            Organizational   Chief Executive
            Identification   Office or Registered
    Jurisdiction of       Number   Office Address
Grantor   Organization   Form of Organization   (if any)   (including county)
Newspring Industrial Corp.
  New Jersey   corporation     0100565940     1900 West Field Court
Lake Forest, IL 60045
(Lake County)

 

 

Schedule 2(b) to
Supplement No. 27 to the
Collateral Agreement
Schedule 2(b)
Location of Other Persons that Possess Collateral
None

 

 

Schedule 5 to
Supplement No. 27 to the
Collateral Agreement
Schedule 5
UCC Filings
     
Grantor   UCC Filing Office/County Recorder’s Office
Newspring Industrial Corp.
  New Jersey Secretary of State

 

 

Schedule 6 to
Supplement No. 27 to the
Collateral Agreement
Schedule 6
Stock Ownership and Other Equity Interests
None

 

 

Schedule 7 to
Supplement No. 27 to the
Collateral Agreement
Schedule 7
Debt Instruments
None

 

 

Schedule 8 to
Supplement No. 27 to the
Collateral Agreement
Schedule 8

Mortgaged Property and Mortgage Filings
                 
        Exact Name of        
Mortgaged Property   Exact Name of Owner   Record Owner   Property Address   Filing Office
Mt. Carmel, PA
  Newspring Industrial Corp.   Newspring Industrial Corp.   2070 Locust Gap Highway Mt. Carmel, PA   Northumberland
County

 

 

Schedule 9(a) to
Supplement No. 27 to the
Collateral Agreement
Schedule 9(a)

Intellectual Property

Copyrights and Copyright Applications
None.

 

 

Schedule 9(b) to
Supplement No. 27 to the
Collateral Agreement
Schedule 9(b)

Intellectual Property

Patents and Patent Applications
U.S. Patents
See attached.

 

 

Schedule 9(b) to
Supplement No. 27 to the
Collateral Agreement
                                                     
                                                    Current
    Pactiv Ref.       Case           Appl.               Grant   Exp.       Recorded
Status   No.   Country   Type   Rel Type   Appl. No.   Date   Pub. No.   Pat. No.   Date   Date   Title   Owner
Granted
  02077US-DSORG01   US   Design   Original Filing   29/066299   11-Feb-97         D415420     19-Oct-99   19-Oct-13   DOUBLE SEALED RIM STACKABLE CONTAINER   Newspring
 
                                                    
Granted
  02078US-DSORG01   US   Design   Original Filing   29/081160   23-Dec-97         D439159     20-Mar-01   20-Mar-15   RECTANGULAR STACKABLE CONTAINER INCLUDING TRIPLE SEALED RIM   Newspring
 
                                                    
Granted
  02078US-UTCIP01   US   Utility   Continuation-In-Part   09/120985   22-Jul-98         6056138     2-May-00   23-Dec-17   TRIPLE SEAL CONTAINER   Newspring
 
                                                    
Granted
  02078US-UTCIP02   US   Utility   Continuation-In-Part   09/483350   14-Jan-00         6196404     6-Mar-01   23-Dec-17   TRIPLE SEAL CONTAINER WITH PROTRUSION   Newspring
 
                                                    
Granted
  02079US-DSORG01   US   Design   Original Filing   29/129542   13-Sep-00         D451018     27-Nov-01   27-Nov-15   THREE GATE CONTAINER   Newspring
 
                                                    
Granted
  02080US-DSORG01   US   Design   Original Filing   29/148928   28-Sep-01         D467800     31-Dec-02   31-Dec-16   OVAL CONTAINER   Newspring
 
                                                    
Granted
  02081US-DSORG01   US   Design   Original Filing   29/160895   17-May-02         D475620     10-Jun-03   10-Jun-17   CONTAINER   Newspring
 
                                                    
Granted
  02082US-DSORG01   US   Design   Original Filing   29/160082   2-May-02         D473788     29-Apr-03   29-Apr-17   CONTAINER   Newspring
 
                                                    
Granted
  02083US-DSORG01   US   Design   Original Filing   29/177202   5-Mar-03         D494857     24-Aug-04   24-Aug-18   CONTAINER   Newspring
 
                                                    
Granted
  02098US-DSORG01   US   Design   Original Filing   29/171395   21-Nov-02         D491455     15-Jun-04   15-Jun-18   CONTAINER AND LIDS WITH IMAGES   Newspring

 

Schedule 9(b) to
Supplement No. 27 to the
Collateral Agreement
                                                     
                                                    Current
    Pactiv Ref.       Case           Appl.               Grant   Exp.       Recorded
Status   No.   Country   Type   Rel Type   Appl. No.   Date   Pub. No.   Pat. No.   Date   Date   Title   Owner
Granted
  02118US-DSORG01   US   Design   Original Filing   29/307796   13-May-08         D583238     23-Dec-08   23-Dec-22   LID FOR A CONTAINER   Newspring

 

 

Schedule 9(b) to
Supplement No. 27 to the
Collateral Agreement
U.S. Patent Applications
See attached.

 

 

Schedule 9(b) to
Supplement No. 27 to the
Collateral Agreement
                                                 
                                                Current
    Pactiv Ref.       Case           Appl.           Grant   Exp.       Recorded
Status   No.   Country   Type   Rel Type   Appl. No.   Date   Pub. No.   Pat. No.   Date   Date   Title   Owner
Filed
  02118US-UTORG01   US   Utility   Original Filing   12/251144   14-Oct-08                   TAMPER-EVIDENT CONTAINER AND LID ASSEMBLY   Newspring

 

 

Schedule 9(b) to
Supplement No. 27 to the
Collateral Agreement
Non-U.S. Patents
See attached.

 

 

Schedule 9(b) to
Supplement No. 27 to the
Collateral Agreement
                                                                     
                                                                    Current
    Pactiv Ref.       Case               Appl.                 Grant     Exp.         Recorded
Status   No.   Country   Type   Rel Type   Appl. No.     Date     Pub. No.   Pat. No.     Date     Date     Title   Owner
Granted
   02078CA-UTORG01   CA   Utility   Original Filing     2396943     16-Jun-00         2396943     7-Feb-06   16-Jun-20   TRIPLE SEAL CONTAINER WITH PROTRUSION   Newspring
 
                                                                    
Granted
   02079CA-DSORG01   CA   Design   Original Filing     96508     13-Mar-01         96508     19-Nov-02   19-Nov-12   THREE GATE CONTAINER   Newspring
 
                                                                    
Granted
   02080CA-DSORG01   CA   Design   Original Filing     99044     28-Mar-02         99044     21-Oct-03   21-Oct-13   OVAL CONTAINER   Newspring
 
                                                                    
Granted
   02082CA-DSORG01   CA   Design   Original Filing     101089     1-Nov-02         101089     8-Jul-04   8-Jul-14   CONTAINER   Newspring
 
                                                                    
Granted
   02083CA-DSORG01   CA   Design   Original Filing     104124     29-Aug-03         104124     17-Jan-05   17-Jan-15   CONTAINER FOR FOOD PRODUCTS   Newspring
 
                                                                    
Granted
   02118CA-DSORG01   CA   Design   Original Filing     128445     30-Oct-08         128445     20-Aug-09   20-Aug-19   LID FOR A CONTAINER   Newspring
 
                                                                    
Granted
   02118CN-DSORG01   CN   Design   Original Filing     200830257962     13-Nov-08         200830257962     23-Dec-09   13-Nov-18   LID FOR A CONTAINER   Newspring
 
                                                                    
Granted
   02118MX-DSORG01   MX   Design   Original Filing   PA/f/2008/002787   7-Nov-08         28956     6-Aug-09   7-Nov-23   LID FOR A CONTAINER   Newspring

 

 

Schedule 9(b) to
Supplement No. 27 to the
Collateral Agreement
Non-U.S. Patent Applications
None

 

 

Schedule 9(c) to
Supplement No. 27 to the
Collateral Agreement
Schedule 9(c)
Intellectual Property
Trademarks and Trademark Applications
U.S. Trademark Registrations
See attached.

 

 

Schedule 9(c) to
Supplement No. 27 to the
Collateral Agreement
                                     
            Current                    
            Recorded                    
Mark Name   Country   Case Type   Owner   Status   Appl. No.   Appl. Date   Reg. No.   Reg. Date
DELITAINER
  United States   Regular   Newspring   Registered   75/797155   9/10/1999     2565755     4/30/2002
 
                                    
E 88BOX
  United States   Regular   Newspring   Registered   78/190728   12/3/2002     2987996     8/23/2005
 
                                    
ELLIPSO
  United States   Regular   Newspring   Registered   78/522455   11/24/2004     3216356     3/6/2007
 
                                    
NEWSPRING
  United States   Regular   Newspring   Registered   75/403703   12/11/1997     2284641     10/12/1999
 
                                    
VERSATAINER
  United States   Regular   Newspring   Registered   75/411535   12/29/1997     2302708     12/21/1999
 
                                    
ZODIAC CONTAINER (stylized)
  United States   Regular   Newspring   Registered   78/297274   9/8/2003     2988120     8/23/2005

 

 

Schedule 9(c) to
Supplement No. 27 to the
Collateral Agreement
U.S. Trademark Applications
None
Non-U.S. Trademark Registrations
See attached.
Non-U.S. Trademark Applications
None

 

 

Schedule 9(c) to
Supplement No. 27 to the
Collateral Agreement
                                                 
            Current Recorded                            
Mark Name   Country   Case Type   Owner   Status   Appl. No.     Appl. Date     Reg. No.     Reg. Date  
DELITAINER
   Canada   Regular   Newspring   Registered     1050366       3/10/2000       569484       10/24/2002  
 
                                                
ELLIPSO
   Canada   Regular   Newspring   Registered     1239877       12/7/2004       TMA704080       1/8/2008  
 
                                                
NEWSPRING
   Canada   Regular   Newspring   Registered     105368       3/10/2000       561448       5/7/2002  
 
                                                
VERSATAINER
   Canada   Regular   Newspring   Registered     1050367       3/10/2000       561537       5/8/2002  

 

 

Schedule 9(c) to
Supplement No. 27 to the
Collateral Agreement
LICENSES
None.

 

 

Schedule 10 to
Supplement No. 27 to the
Collateral Agreement
Schedule 10
Commercial Tort Claims
None.

 

 

Schedule 11 to
Supplement No. 27 to the
Collateral Agreement
Schedule 11
Deposit Accounts
             
    Depositary Institution        
Grantor   (including address)   Type of Account   Account Number
Newspring Industrial Corp.
  JPMorgan Chase Bank, N.A. Global Contracts Management Attn: Blocked Accounts 420 W. Van Buren Street 9th Floor, Suite IL 1-0199 Chicago, IL 60606-3534   Disbursement   [__________]

 

 

Schedule 12 to
Supplement No. 27 to the
Collateral Agreement
Schedule 12
Securities Accounts
None.