EX-4.17 5 d229030dex417.htm EX-4.17 EX-4.17

Exhibit 4.17

EXECUTION COPY

THIRD SUPPLEMENTAL INDENTURE

THIS THIRD SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of August 30, 2016 by and among F.N.B. Corporation, a Pennsylvania corporation (the “Company”), and The Bank of New York Mellon Trust Company, N.A., a national banking association, as Trustee (the “Trustee”).

WHEREAS, the Company’s predecessor-in-interest, a Pennsylvania corporation also named F.N.B. Corporation, and the Trustee have heretofore executed and delivered an Indenture, dated as of May 15, 1992 (the “Indenture”), providing for the issuance from time to time by the Company of unsecured debentures, notes or other evidences of indebtedness to be issued in one or more series as provided in the Indenture; and

WHEREAS, the Company was originally incorporated under the laws of the State of Florida in 2001 as a wholly-owned subsidiary of F.N.B. Corporation, a Pennsylvania corporation, for purposes of effecting the reincorporation of said Pennsylvania corporation to the State of Florida by merging said Pennsylvania corporation with and into the Company, with the Company being the surviving corporation in the merger; and

WHEREAS, effective as of August 30, 2016 (the “Redomestication Effective Time”), the Company maintained its current legal existence, rights and franchises while changing its state of incorporation from Florida to Pennsylvania (the “Redomestication”) pursuant Section 371 of the Pennsylvania Entity Transactions Law and Section 607.1112 of the Florida Business Corporation Act and the Plan of Conversion adopted by its board of directors and shareholders, by filing a Certificate of Conversion with the Secretary of State of the State of Florida (the “FL Certificate of Conversion”) and a Statement of Domestication with the Department of State of the Commonwealth of Pennsylvania (the “PA Statement of Domestication”); and

WHEREAS, from and after the Redomestication Effective Time, the Company became organized under and subject to the laws of the Commonwealth of Pennsylvania; and as a result of the Redomestication, among other things, the Company as a Pennsylvania corporation constitutes as the same entity with the same legal existence without interruption as the Company as a Florida corporation, and all of the properties, rights, franchises, liabilities and obligations of the Company as a Florida corporation, including the obligations under the Indenture and the Securities, are continuing as the properties, rights, liabilities of the Company as a Pennsylvania corporation;

WHEREAS, the Company desires, and the Trustee has agreed, to enter into this Supplemental Indenture to memorialize the Redomestication;

WHEREAS, this Supplemental Indenture is being entered into pursuant to the terms of Section 901(9) of the Indenture and subject to the conditions set forth herein and therein.

NOW, THEREFORE, for and in consideration of the premises stated herein, the Company and the Trustee covenant and agree, for the equal and proportionate benefit of the Holders of the Securities, as follows:

 

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ARTICLE I

DEFINITIONS

Section 1.1. Defined Terms. Capitalized terms used but not defined in this Supplemental Indenture or in the preamble or recitals hereto have the meanings assigned to them in the Indenture. The words “herein,” “hereof” and “hereby” and other words of similar import used in this Supplemental Indenture refer to this Supplemental Indenture as a whole and not to any particular section hereof.

ARTICLE 2

AFFIRMATION OF OBLIGATIONS

Section 2.1. Affirmation of Obligations. The Company hereby agrees and affirms that (i) all of the obligations and covenants of the Company existing from time to time under the Indenture and the Securities, including but not limited to the due and punctual payment of the principal of (and premium, if any) and interest on all the Securities and the performance of every covenant of the Indenture on the part of the Company to be performed or observed, whether arising before or after the Redomestication Effective Time, constitute the obligations and covenants of the Company, continue to be in full force and effect and are hereby ratified and confirmed in all respects; and (ii) from and after the Redomestication Effective Time, the Company became organized under and subject to the laws of the Commonwealth of Pennsylvania; and as a result of the Redomestication, among other things, the Company as a Pennsylvania corporation constitutes as the same entity with the same legal existence without interruption as the Company as a Florida corporation, and all of the properties, rights, franchises, liabilities and obligations of the Company as a Florida corporation, including the obligations under the Indenture and the Securities, are continuing as the properties, rights, liabilities of the Company as a Pennsylvania corporation.

ARTICLE 3

MISCELLANEOUS

Section 3.1. Trust Indenture Act of 1939. This Supplemental Indenture is subject to the provisions of the Trust Indenture Act that are required to be part of the Indenture and shall, to the extent applicable, be governed by such provisions. If any provision of this Supplemental Indenture limits, qualifies, or conflicts with a provision of the Trust Indenture Act that is required under such act to be a part of and govern this Supplemental Indenture, the provision of the Trust Indenture Act shall control. If any provision of this Supplemental Indenture modifies or excludes any provision of the Trust Indenture Act that may be so modified or excluded, the provision of the Trust Indenture Act shall be deemed to apply to the Indenture as so modified or to be excluded by this Supplemental Indenture, as the case may be.

Section 3.2. Indenture Remains in Full Force and Effect. Except as supplemented hereby, all provisions in the Indenture shall remain in full force and effect.

Section 3.3. Governing Law. The laws of the State of Pennsylvania shall govern this Supplemental Indenture.

Section 3.4. Duplicate Originals. 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.

Section 3.5. Severability. In case any provision in this Supplemental Indenture shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

 

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Section 3.6. Ratification. The Indenture, as supplemented and amended by this Supplemental Indenture, is in all respects ratified and confirmed. The Indenture and this Supplemental Indenture shall be read, taken and construed as one and the same instrument. All provisions included in this Supplemental Indenture supersede any conflicting provisions included in the Indenture unless not permitted by law. The Trustee accepts the trusts created by the Indenture, as supplemented by this Supplemental Indenture, and agrees to perform the same upon the terms and conditions of the Indenture, as supplemented by this Supplemental Indenture.

Section 3.7. Effectiveness. The provisions of this Supplemental Indenture shall become effective as of the date hereof.

Section 3.8. Successors. All agreements of the Company in this Supplemental Indenture shall bind its successors. All agreements of the Trustee in this Supplemental Indenture shall bind its successors.

Section 3.9. Trustee’s Disclaimer. The recitals contained herein shall be taken as the statements of the Company and the Trustee assumes no responsibility for their correctness. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture, the Securities, or for or in respect of the recitals contained herein, all of which recitals are made solely by the Company.

Section 3.10. Counterparts. This Supplemental Indenture may be executed in any number of counterparts each of which shall be an original, but such counterparts shall together constitute but one and the same instrument.

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

 

F.N.B. CORPORATION
By:  

/s/ Vincent J. Delie, Jr.

Name:   Vincent J. Delie, Jr.
Title:   President and Chief Executive Officer
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Trustee
By:  

/s/ Teresa Petta

Name:   Teresa Petta
Title:   Vice President