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10-Q - FORM 10-Q - UCDP FINANCE INCd10q.htm
EX-3.1 - FOURTH AMENDMENT TO THE AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF - UCDP FINANCE INCdex31.htm
EXCEL - IDEA: XBRL DOCUMENT - UCDP FINANCE INCFinancial_Report.xls
EX-32.2 - PFO UCDP CERT - UCDP FINANCE INCdex322.htm
EX-32.1 - PEO UCDP CERT - UCDP FINANCE INCdex321.htm
EX-31.1 - PEO UCDP CERT - UCDP FINANCE INCdex311.htm
EX-31.2 - PFO UCDP CERT - UCDP FINANCE INCdex312.htm
EX-31.4 - PFO FINANCE CERT - UCDP FINANCE INCdex314.htm
EX-10.1 - FIRST AMENDMENT TO THE ADVISORY SERVICES AGREEMENT BY AND AMONG UNIVERSAL CITY D - UCDP FINANCE INCdex101.htm
EX-32.4 - PFO FINANCE CERT - UCDP FINANCE INCdex324.htm
EX-32.3 - PEO FINANCE CERT - UCDP FINANCE INCdex323.htm
EX-31.3 - PEO FINANCE CERT - UCDP FINANCE INCdex313.htm
EX-4.1 - PROMISSORY NOTE BETWEEN UNIVERSAL CITY DEVELOPMENT PARTNERS, LTD. AND NBCUNIVERS - UCDP FINANCE INCdex41.htm
EX-3.2 - FIRST AMENDMENT TO THE THIRD AMENDED AND RESTATED AGREEMENT OF GENERAL PARTNERSH - UCDP FINANCE INCdex32.htm

EXHIBIT 3.3

FIRST AMENDMENT TO THE THIRD AMENDED AND RESTATED

AGREEMENT OF GENERAL PARTNERSHIP

This FIRST AMENDMENT TO THE THIRD AMENDED AND RESTATED AGREEMENT OF GENERAL PARTNERSHIP OF UNIVERSAL CITY FLORIDA HOLDING CO. II, a Florida general partnership (the “Partnership”), is made and entered into as of July 1, 2011 (this “Amendment”, and such date, the “Amendment Date”), by and between Parks Holdings Acquisition LLC, a Delaware limited liability company (“Parks Holdings”), Parks Holdings Acquisition Sub LLC, a Delaware limited liability company (“Parks Holdings Sub”), and Universal City Property Management II LLC, a Delaware limited liability company (“UniCo”).

W I T N E S S E T H

WHEREAS, UniCo and the Blackstone Entities entered into the Third Amended and Restated Agreement of General Partnership of Universal City Florida Holding Co. II, dated as of March 2, 2005 (the “Partnership Agreement”), with respect to the Partnership;

WHEREAS, the Blackstone Entities, UniCo, Universal Studios Company LLC, a Delaware limited liability company, Parks Holdings and Parks Holdings Sub have entered into the Purchase Agreement dated as of June 6, 2011 (the “Purchase Agreement”), pursuant to which the Blackstone Entities sold all of their partnership interests in Holding I and Holding II to Parks Holdings and Parks Holdings Sub, each an affiliate of UniCo, effective as of the Amendment Date; and

WHEREAS, in connection with the Purchase Agreement, the parties hereto desire to amend the Partnership Agreement as set forth herein to remove the Blackstone Entities and clarify the governance rights under the Partnership Agreement.

NOW, THEREFORE, in consideration of the mutual covenants hereinafter set forth, it is agreed by and between the parties hereto as follows:

1. Certain Defined Terms. Words and phrases which are introduced by initial capitals and which are not otherwise defined in this Amendment shall have the same meaning as in the Partnership Agreement, as amended.

2. Amendment to Preamble. The Preamble is hereby amended and restated in its entirety as follows:

“THIS THIRD AMENDED AND RESTATED AGREEMENT OF GENERAL PARTNERSHIP OF UNIVERSAL CITY FLORIDA HOLDING CO. II (the “Agreement”), a Florida limited partnership (the “Partnership”), is made and entered into as of March 2, 2005, as amended July 1, 2011, by and between Parks Holdings Acquisition LLC, a Delaware limited liability company (“Parks Holdings”), Parks Holdings Acquisition Sub LLC, a Delaware limited liability company (“Parks Holdings Sub”, and together with Parks Holdings, the “Parks Holdings Entities”), and Universal City Property Management II LLC, a Delaware limited liability company (“UniCo”).”


3. Deletion of theBlackstone Entities”. Each reference in the Partnership Agreement to the “Blackstone Entities” is hereby amended so that such reference shall refer instead to the “Parks Holdings Entities”. Each reference in the Partnership Agreement to the “Blackstone Representatives” is hereby amended so that such reference shall refer instead to the “Parks Holdings Representative”. Each reference in the Partnership Agreement to the “Blackstone Parent” is hereby amended so that such reference shall refer instead to the “Universal Parent”. The second recital is hereby deleted in its entirety.

4. Consent of the Parks Holdings Partners and the Parks Holdings Representative. Each instance in the Partnership Agreement requiring consent or approval of the Parks Holdings Representative is hereby waived.

5. Deletion of Section 6. Section 6 of the Partnership Agreement is hereby deleted in its entirety.

6. Amendment to Section 11. The first paragraph of Section 11 of the Partnership Agreement is hereby amended and restated in its entirety as follows:

“The Partnership shall be governed and managed by two (2) representatives (the “Representatives”) of the Partners, of whom one shall be designated from time to time by the Parks Holdings Entities (by notice to UniCo) (the “Parks Representatives”) and of whom one shall be designated from time to time by UniCo (by notice to the Parks Holdings Entities) (the “Universal Representatives”). Effective as of the Amendment Date, the Parks Representative shall be Christy R. Shibata, and the Universal Representative shall be Thomas L. Williams. All actions of the Representatives (except as otherwise expressly provided in this Agreement) shall be taken either (i) by a unanimous vote of the Representatives at a meeting which is attended by the Parks Representative and the Universal Representative; or (ii) by the unanimous written vote or written consent of the Representatives, which may be evidenced by the signature of each Representative. Without derogating from the generality of Section 37 below, the method and procedures for giving notices including the address to which notices are to be sent and the computation of time are governed by said Section 37.”

7. Amendment to Section 37. Section 37 shall be amended and restated in its entirety as follows:

 

“To the Partnership or the Representatives

   To the Parks Holdings Partners and UniCo at the respective address for the giving of notice to such entity specified below

To any of the Parks Holdings Partners or:

   Comcast Corporation

their Representatives

   One Comcast Center
   Philadelphia, PA 19103
   Fax: (212) 286-7794
   Attention: General Counsel

 

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With a copy to:

   Davis Polk & Wardwell LLP
   450 Lexington Avenue
   New York, New York 10017
   Fax: (212) 701-5800
   Attention:        David L. Caplan
          William H. Aaronson

To UniCo

   Universal City Property

or its respective

   Management II LLC

Representatives

   c/o Universal Parks & Resorts
   1000 Universal Studios Plaza
   Executive Office Building
   Orlando, FL 32819
   Attn: Chairman & Chief Executive Officer
   Telecopier (407) 363-8090

With A Copy To:

   Universal Parks & Resorts
   1000 Universal Studios Plaza Orlando, FL 32819
   Attn: Senior Vice President & General Counsel
   Telecopier (407) 224-7704

With A Copy To:

   Universal Studios Company LLC
   as below

With A Copy To:

   Davis Polk & Wardwell LLP
   450 Lexington Avenue
   New York, New York 10017
   Fax: (212) 701-5800
   Attention:        David L. Caplan
          William H. Aaronson

To Universal Parent

   Universal Studios Company LLC
   100 Universal City Plaza
   Universal City, CA 91608
   Attn: General Counsel
   Telecopier (818) 866-3444

8. Deletion of the Audit Committee. Section 41 of the Partnership Agreement is hereby deleted in its entirety.

9. Otherwise Unchanged. This Amendment is limited precisely as written and shall not be deemed to be an amendment to any other term or condition of the Partnership Agreement. Wherever the Partnership Agreement is referred to therein or in any other

 

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agreements, documents or instruments, such reference shall be to the Partnership Agreement, as amended hereby. Except as expressly and specifically amended by this Amendment, the Partnership Agreement shall remain unchanged, and the Partnership Agreement, as amended hereby, is hereby ratified, approved and confirmed in all respects by the parties hereto and shall remain in full force and effect.

10. Governing Law. This Amendment shall be interpreted and governed by the laws of the State of Florida.

11. Counterparts. This Amendment may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together will constitute one and the same instrument.

12. Headings. The descriptive headings contained in this Amendment are for the convenience of reference only, shall not be deemed to be a part of this Amendment and shall not affect in any way the meaning, construction or interpretation of this Amendment.

[Remainder of page left blank intentionally]

 

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IN WITNESS WHEREOF, the parties hereto have signed this Amendment on the day and year first above written.

 

UNIVERSAL CITY PROPERTY

MANAGEMENT II LLC

By:   /s/ Robert S. Pick
 

Name: Robert S. Pick

Title: Senior Vice President

 

PARKS HOLDINGS ACQUISITION LLC
By:   /s/ Robert S. Pick
 

Name: Robert S. Pick

Title: Senior Vice President

 

PARKS HOLDINGS ACQUISITION SUB LLC
By:   /s/ Robert S. Pick
 

Name: Robert S. Pick

Title: Senior Vice President

 

AGREED AND APPROVED IN ACCORDANCE WITH SECTION 51 AND THE OTHER PROVISIONS APPLICABLE TO UNIVERSAL STUDIOS COMPANY, LLC:
UNIVERSAL STUDIOS COMPANY, LLC
By:   /s/ Robert S. Pick
 

Name: Robert S. Pick

Title: Senior Vice President

[Amendment to Third Amended and Restated Partnership Agreement of Holding II]