SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Schedule 13D
Under the Securities Exchange Act of 1934
(Amendment No. 9)*
Carnival Corporation
Carnival plc
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $0.01 per share, of Carnival Corporation
Special Voting Share of Carnival plc
Trust Shares (representing beneficial interests
in the P&O Princess Special Voting Trust)
------------------------------------------------
(Title of Class of Securities)
Common Stock: 143658 10 2 and 143658 30 0**
Special Voting Share: G7214F 12 2
Trust Shares: 143658 30 0**
- --------------------------------------------------------------------------------
(CUSIP Number)
Arnaldo Perez, Esq.
General Counsel
Carnival Corporation
3655 N.W. 87th Avenue
Miami, Florida 33178-2428
(305) 599-2600
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of
Person Authorized to Receive Notices and Communications)
June 6, 2005
- --------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box. [ ]
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7 for other parties
to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or
otherwise subject to the liabilities of that section of the Act but shall be
subject to all other provisions of the Act (however, see the Notes).
** The Common Stock and the Trust Shares trade together under CUSIP Number
143658 30 0. See Items 1 and 4 of this Schedule 13D for additional information.
2
CUSIP No. Common Stock: 143658 10 2 and 143658 30 0,
Special Voting Share: G7214F 12 2, Trust Shares: 143658 30 0
- --------------------------------------------------------------------------------
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
TAMMS INVESTMENT COMPANY, LIMITED PARTNERSHIP
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
Delaware
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power: 3,653,168
Shares Bene- --------------------------------------------------------
ficially 8) Shared Voting Power: -0-
Owned by --------------------------------------------------------
Each Report- 9) Sole Dispositive Power: 3,653,168
ing Person --------------------------------------------------------
With 10) Shared Dispositive Power: -0-
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
3,653,168
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[_]
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
0.6%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
OO
- --------------------------------------------------------------------------------
3
CUSIP No. Common Stock: 143658 10 2 and 143658 30 0,
Special Voting Share: G7214F 12 2, Trust Shares: 143658 30 0
- --------------------------------------------------------------------------------
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
TAMMS MANAGEMENT CORPORATION
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
Delaware
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power: 3,653,168
Shares Bene- --------------------------------------------------------
ficially 8) Shared Voting Power: -0-
Owned by --------------------------------------------------------
Each Report- 9) Sole Dispositive Power: 365,317
ing Person --------------------------------------------------------
With 10) Shared Dispositive Power: 3,287,851
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
3,653,168
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[_]
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
0.6%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
CO
- --------------------------------------------------------------------------------
4
CUSIP No. Common Stock: 143658 10 2 and 143658 30 0,
Special Voting Share: G7214F 12 2, Trust Shares: 143658 30 0
- --------------------------------------------------------------------------------
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
NICKEL CONTINUED IRREVOCABLE TRUST
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
Delaware
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power: 2,124,560
Shares Bene- --------------------------------------------------------
ficially 8) Shared Voting Power: -0-
Owned by --------------------------------------------------------
Each Report- 9) Sole Dispositive Power: 2,124,560
ing Person --------------------------------------------------------
With 10) Shared Dispositive Power: -0-
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
2,124,560
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[_]
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
0.3%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
OO
- --------------------------------------------------------------------------------
5
CUSIP No. Common Stock: 143658 10 2 and 143658 30 0,
Special Voting Share: G7214F 12 2, Trust Shares: 143658 30 0
- --------------------------------------------------------------------------------
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
MA 1997 HOLDINGS, L.P.
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
Delaware
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power: 2,599,265
Shares Bene- --------------------------------------------------------
ficially 8) Shared Voting Power: -0-
Owned by --------------------------------------------------------
Each Report- 9) Sole Dispositive Power: 2,599,265
ing Person --------------------------------------------------------
With 10) Shared Dispositive Power: -0-
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
2,599,265
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[_]
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
0.4%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
PN
- --------------------------------------------------------------------------------
6
CUSIP No. Common Stock: 143658 10 2 and 143658 30 0,
Special Voting Share: G7214F 12 2, Trust Shares: 143658 30 0
- --------------------------------------------------------------------------------
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
MA 1997 HOLDINGS, INC.
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
Delaware
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power: 2,599,265
Shares Bene- --------------------------------------------------------
ficially 8) Shared Voting Power: -0-
Owned by --------------------------------------------------------
Each Report- 9) Sole Dispositive Power: 2,599,265
ing Person --------------------------------------------------------
With 10) Shared Dispositive Power: -0-
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
2,599,265
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[_]
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
0.4%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
CO
- --------------------------------------------------------------------------------
7
CUSIP No. Common Stock: 143658 10 2 and 143658 30 0,
Special Voting Share: G7214F 12 2, Trust Shares: 143658 30 0
- --------------------------------------------------------------------------------
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
NICKEL 1994 "B" TRUST
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
Delaware
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power: 106,114,284
Shares Bene- --------------------------------------------------------
ficially 8) Shared Voting Power: -0-
Owned by --------------------------------------------------------
Each Report- 9) Sole Dispositive Power: 106,114,284
ing Person --------------------------------------------------------
With 10) Shared Dispositive Power: -0-
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
106,114,284
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[_]
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
16.7%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
OO
- --------------------------------------------------------------------------------
8
CUSIP No. Common Stock: 143658 10 2 and 143658 30 0,
Special Voting Share: G7214F 12 2, Trust Shares: 143658 30 0
- --------------------------------------------------------------------------------
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
MA 1994 B SHARES, L.P.
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
Delaware
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power: 106,114,284
Shares Bene- --------------------------------------------------------
ficially 8) Shared Voting Power: -0-
Owned by --------------------------------------------------------
Each Report- 9) Sole Dispositive Power: 106,114,284
ing Person --------------------------------------------------------
With 10) Shared Dispositive Power: -0-
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
106,114,284
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[_]
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
16.7%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
PN
- --------------------------------------------------------------------------------
9
CUSIP No. Common Stock: 143658 10 2 and 143658 30 0,
Special Voting Share: G7214F 12 2, Trust Shares: 143658 30 0
- --------------------------------------------------------------------------------
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
MA 1994 B SHARES, INC.
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
Delaware
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power: 106,114,284
Shares Bene- --------------------------------------------------------
ficially 8) Shared Voting Power: -0-
Owned by --------------------------------------------------------
Each Report- 9) Sole Dispositive Power: 106,114,284
ing Person --------------------------------------------------------
With 10) Shared Dispositive Power: -0-
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
106,114,284
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[_]
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
16.7%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
CO
- --------------------------------------------------------------------------------
10
CUSIP No. Common Stock: 143658 10 2 and 143658 30 0,
Special Voting Share: G7214F 12 2, Trust Shares: 143658 30 0
- --------------------------------------------------------------------------------
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
MICKY ARISON
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
United States
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power: 113,970,864
Shares Bene- --------------------------------------------------------
ficially 8) Shared Voting Power: 76,067,139
Owned by --------------------------------------------------------
Each Report- 9) Sole Dispositive Power: 113,570,864
ing Person --------------------------------------------------------
With 10) Shared Dispositive Power: 77,499,579
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
191,070,443
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[X]
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
30.1%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
IN
- --------------------------------------------------------------------------------
11
CUSIP No. Common Stock: 143658 10 2 and 143658 30 0,
Special Voting Share: G7214F 12 2, Trust Shares: 143658 30 0
- --------------------------------------------------------------------------------
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
ETERNITY ONE TRUST
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
Guernsey, Channel Islands
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power: -0-
Shares Bene- --------------------------------------------------------
ficially 8) Shared Voting Power: -0-
Owned by --------------------------------------------------------
Each Report- 9) Sole Dispositive Power: -0-
ing Person --------------------------------------------------------
With 10) Shared Dispositive Power: 5,102,708
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
5,102,708
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[_]
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
0.8%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
OO
- --------------------------------------------------------------------------------
12
CUSIP No. Common Stock: 143658 10 2 and 143658 30 0,
Special Voting Share: G7214F 12 2, Trust Shares: 143658 30 0
- --------------------------------------------------------------------------------
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
ETERNITY TWO TRUST
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
Delaware
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power: 3,000,000
Shares Bene- --------------------------------------------------------
ficially 8) Shared Voting Power: -0-
Owned by --------------------------------------------------------
Each Report- 9) Sole Dispositive Power: 3,000,000
ing Person --------------------------------------------------------
With 10) Shared Dispositive Power: 759,010
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
3,759,010
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[_]
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
0.6%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
OO
- --------------------------------------------------------------------------------
13
CUSIP No. Common Stock: 143658 10 2 and 143658 30 0,
Special Voting Share: G7214F 12 2, Trust Shares: 143658 30 0
- --------------------------------------------------------------------------------
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
SHARI ARISON
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
United States and Israel
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power: 4,000,000
Shares Bene- --------------------------------------------------------
ficially 8) Shared Voting Power: 1,200
Owned by --------------------------------------------------------
Each Report- 9) Sole Dispositive Power: -0-
ing Person --------------------------------------------------------
With 10) Shared Dispositive Power: 5,103,908
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
5,103,908
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[_]
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
0.8%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
IN
- --------------------------------------------------------------------------------
14
CUSIP No. Common Stock: 143658 10 2 and 143658 30 0,
Special Voting Share: G7214F 12 2, Trust Shares: 143658 30 0
- --------------------------------------------------------------------------------
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
JMD DELAWARE, INC.
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
Delaware
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power: 6,747,482
Shares Bene- --------------------------------------------------------
ficially 8) Shared Voting Power: -0-
Owned by --------------------------------------------------------
Each Report- 9) Sole Dispositive Power: 6,747,482
ing Person --------------------------------------------------------
With 10) Shared Dispositive Power: 759,010
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
7,506,492
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[_]
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
1.2%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
CO
- --------------------------------------------------------------------------------
15
CUSIP No. Common Stock: 143658 10 2 and 143658 30 0,
Special Voting Share: G7214F 12 2, Trust Shares: 143658 30 0
- --------------------------------------------------------------------------------
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
JAMES M. DUBIN
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
United States
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power: 6,748,482
Shares Bene- --------------------------------------------------------
ficially 8) Shared Voting Power: 109,152,855
Owned by --------------------------------------------------------
Each Report- 9) Sole Dispositive Power: 6,748,482
ing Person --------------------------------------------------------
With 10) Shared Dispositive Power: 112,103,315
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
118,851,797
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[_]
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
18.7%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
IN
- --------------------------------------------------------------------------------
16
CUSIP No. Common Stock: 143658 10 2 and 143658 30 0,
Special Voting Share: G7214F 12 2, Trust Shares: 143658 30 0
- --------------------------------------------------------------------------------
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
ARTSFARE 1992 IRREVOCABLE TRUST
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
Delaware
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power: -0-
Shares Bene- --------------------------------------------------------
ficially 8) Shared Voting Power: 41,145,830
Owned by --------------------------------------------------------
Each Report- 9) Sole Dispositive Power: -0-
ing Person --------------------------------------------------------
With 10) Shared Dispositive Power: 41,145,830
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
41,145,830
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[_]
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
6.5%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
OO
- --------------------------------------------------------------------------------
17
CUSIP No. Common Stock: 143658 10 2 and 143658 30 0,
Special Voting Share: G7214F 12 2, Trust Shares: 143658 30 0
- --------------------------------------------------------------------------------
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
KNIGHT PROTECTOR, INC.
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
Delaware
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power: 30,085,716
Shares Bene- --------------------------------------------------------
ficially 8) Shared Voting Power: 37,921,309
Owned by --------------------------------------------------------
Each Report- 9) Sole Dispositive Power: -0-
ing Person --------------------------------------------------------
With 10) Shared Dispositive Power: 68,766,035
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
68,766,035
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[_]
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
10.8%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
CO
- --------------------------------------------------------------------------------
18
CUSIP No. Common Stock: 143658 10 2 and 143658 30 0,
Special Voting Share: G7214F 12 2, Trust Shares: 143658 30 0
- --------------------------------------------------------------------------------
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
SUNTRUST DELAWARE TRUST COMPANY
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
Delaware
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power: -0-
Shares Bene- --------------------------------------------------------
ficially 8) Shared Voting Power: -0-
Owned by --------------------------------------------------------
Each Report- 9) Sole Dispositive Power: -0-
ing Person --------------------------------------------------------
With 10) Shared Dispositive Power: 41,145,830
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
41,145,830
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[_]
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
6.5%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
OO
- --------------------------------------------------------------------------------
19
CUSIP No. Common Stock: 143658 10 2 and 143658 30 0,
Special Voting Share: G7214F 12 2, Trust Shares: 143658 30 0
- --------------------------------------------------------------------------------
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
JMD-LMA PROTECTOR, INC.
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
Delaware
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power: -0-
Shares Bene- --------------------------------------------------------
ficially 8) Shared Voting Power: 41,145,830
Owned by --------------------------------------------------------
Each Report- 9) Sole Dispositive Power: -0-
ing Person --------------------------------------------------------
With 10) Shared Dispositive Power: 41,145,830
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
41,145,830
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[_]
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
6.5%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
CO
- --------------------------------------------------------------------------------
20
CUSIP No. Common Stock: 143658 10 2 and 143658 30 0,
Special Voting Share: G7214F 12 2, Trust Shares: 143658 30 0
- --------------------------------------------------------------------------------
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
JPMORGAN TRUST COMPANY OF DELAWARE
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
Delaware
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power: -0-
Shares Bene- --------------------------------------------------------
ficially 8) Shared Voting Power: 3,000,000
Owned by --------------------------------------------------------
Each Report- 9) Sole Dispositive Power: -0-
ing Person --------------------------------------------------------
With 10) Shared Dispositive Power: 8,861,718
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
8,861,718
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[_]
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
1.4%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
OO
- --------------------------------------------------------------------------------
21
CUSIP No. Common Stock: 143658 10 2 and 143658 30 0,
Special Voting Share: G7214F 12 2, Trust Shares: 143658 30 0
- --------------------------------------------------------------------------------
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
ARTSFARE 2003 TRUST
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
Delaware
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power: 400,000
Shares Bene- --------------------------------------------------------
ficially 8) Shared Voting Power: -0-
Owned by --------------------------------------------------------
Each Report- 9) Sole Dispositive Power: -0-
ing Person --------------------------------------------------------
With 10) Shared Dispositive Power: 1,432,440
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
1,432,440
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[_]
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
0.2%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
OO
- --------------------------------------------------------------------------------
22
CUSIP No. Common Stock: 143658 10 2 and 143658 30 0,
Special Voting Share: G7214F 12 2, Trust Shares: 143658 30 0
- --------------------------------------------------------------------------------
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
MBA I, L.P.
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
Delaware
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power: 400,000
Shares Bene- --------------------------------------------------------
ficially 8) Shared Voting Power: -0-
Owned by --------------------------------------------------------
Each Report- 9) Sole Dispositive Power: -0-
ing Person --------------------------------------------------------
With 10) Shared Dispositive Power: 1,432,440
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
1,432,440
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[_]
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
0.2%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
OO
- --------------------------------------------------------------------------------
23
CUSIP No. Common Stock: 143658 10 2 and 143658 30 0,
Special Voting Share: G7214F 12 2, Trust Shares: 143658 30 0
- --------------------------------------------------------------------------------
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
JAFASA CONTINUED IRREVOCABLE TRUST
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
Delaware
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power: 1,000,000
Shares Bene- --------------------------------------------------------
ficially 8) Shared Voting Power: -0-
Owned by --------------------------------------------------------
Each Report- 9) Sole Dispositive Power: 1,000,000
ing Person --------------------------------------------------------
With 10) Shared Dispositive Power: 759,010
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
1,759,010
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[_]
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
0.3%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
OO
- --------------------------------------------------------------------------------
24
CUSIP No. Common Stock: 143658 10 2 and 143658 30 0,
Special Voting Share: G7214F 12 2, Trust Shares: 143658 30 0
- --------------------------------------------------------------------------------
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
JOHN J. O'NEIL
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
Delaware
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power: -0-
Shares Bene- --------------------------------------------------------
ficially 8) Shared Voting Power: 68,007,025
Owned by --------------------------------------------------------
Each Report- 9) Sole Dispositive Power: -0-
ing Person --------------------------------------------------------
With 10) Shared Dispositive Power: 68,766,035
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
68,766,035
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[_]
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
10.8%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
IN
- --------------------------------------------------------------------------------
25
CUSIP No. Common Stock: 143658 10 2 and 143658 30 0,
Special Voting Share: G7214F 12 2, Trust Shares: 143658 30 0
- --------------------------------------------------------------------------------
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons:
NICKEL 2003 GRAT
- --------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3) SEC Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[_]
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
Delaware
- --------------------------------------------------------------------------------
Number of 7) Sole Voting Power: 3,622,922
Shares Bene- --------------------------------------------------------
ficially 8) Shared Voting Power: -0-
Owned by --------------------------------------------------------
Each Report- 9) Sole Dispositive Power: 3,622,922
ing Person --------------------------------------------------------
With 10) Shared Dispositive Power: -0-
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
3,622,922
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[_]
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
0.6%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
OO
- --------------------------------------------------------------------------------
26
The Schedule 13D relating to Carnival Corporation and Carnival plc is
being filed by TAMMS Investment Company, Limited Partnership, TAMMS Management
Corporation, the Nickel Continued Irrevocable Trust, MA 1997 Holdings, L.P., MA
1997 Holdings, Inc., Nickel 1994 "B" Trust, MA 1994 B Shares, L.P., MA 1994 B
Shares, Inc., Micky Arison, Eternity One Trust, Eternity Two Trust, Shari
Arison, JMD Delaware, Inc., James M. Dubin, Artsfare 1992 Irrevocable Trust,
Knight Protector, Inc., SunTrust Delaware Trust Company, JMD-LMA Protector,
Inc., JPMorgan Trust Company of Delaware, Artsfare 2003 Trust, MBA I, L.P., the
Jafasa Continued Irrevocable Trust, John J. O'Neil and the Nickel 2003 GRAT
(collectively, the "Reporting Persons"). This Amendment No. 9 is being filed
because the number of Shares beneficially owned by the Reporting Persons has
decreased by an amount in excess of one percent of the total number of Shares
outstanding. This Schedule 13D is hereby amended as follows:
ITEM 1. SECURITY AND ISSUER
No material change.
ITEM 2. IDENTITY AND BACKGROUND
No material change.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
No material change.
ITEM 4. PURPOSE OF TRANSACTION
No material change.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
Item 5 is hereby amended and restated in its entirety as follows:
All ownership percentages set forth herein assume that there are
634,905,663 Shares outstanding, representing the total number of shares reported
in the Quarterly Report on Form 10-Q of Carnival Corporation for the quarter
ending February 28, 2005 to be outstanding as of March 31, 2005.
(a) and (b)(i) TAMMS L.P. may be deemed to own beneficially 3,653,168
Shares (approximately 0.6% of the total number of Shares outstanding). TAMMS
L.P. has sole voting power and sole dispositive power over the 3,653,168 Shares
held by TAMMS L.P.
(ii) TAMMS Corp. is the Managing General Partner of TAMMS L.P. and
as such is entitled, pursuant to the Limited Partnership Agreement, to exercise
all voting rights with respect to the Shares held by TAMMS L.P. TAMMS Corp. may
be deemed to own beneficially all the 3,653,168 Shares (approximately 0.6% of
the total number of Shares outstanding) beneficially owned by TAMMS L.P. TAMMS
Corp. has sole voting power over
27
the 3,653,168 Shares directly held by TAMMS L.P. Pursuant to the Limited
Partnership Agreement, the Managing General Partner of TAMMS L.P. can dispose of
up to 10% in value of the property of TAMMS L.P. To dispose of a greater amount
of the property, consent of a majority interest of the partners in TAMMS L.P. is
needed. Thus, TAMMS Corp. has sole dispositive power over 365,317 Shares held by
TAMMS L.P. and shares dispositive power over the remaining 3,287,851 Shares held
by TAMMS L.P.
(iii) Nickel Continued Irrevocable Trust beneficially owns an
aggregate of 2,124,560 Shares (approximately 0.3% of the total number of Shares
outstanding), all of which it holds directly. Nickel Continued Irrevocable Trust
has sole voting and dispositive power with respect to the 2,124,560 Shares held
by it.
(iv) MA 1997, L.P. beneficially owns an aggregate of 2,599,265
Shares (approximately 0.4% of the total number of Shares outstanding), all of
which it holds directly. MA 1997, L.P. has sole voting and dispositive power
with respect to all such Shares that it holds directly.
(v) MA 1997, Inc. beneficially owns an aggregate of 2,599,265
Shares (approximately 0.4% of the total number of Shares outstanding), by virtue
of being the general partner of MA 1997, L.P. MA 1997, Inc. has sole voting and
dispositive power with respect to all such Shares.
(vi) Nickel 1994 "B" Trust beneficially owns 106,114,284 Shares
(approximately 16.7% of the total number of Shares outstanding), by virtue of
being the sole stockholder of B Shares, Inc., the general partner of B Shares,
L.P. Nickel 1994 "B" Trust has sole voting power and dispositive power with
respect to all such Shares held by B Shares, L.P.
(vii) B Shares, L.P. beneficially owns an aggregate of 106,114,284
Shares (approximately 16.7% of the total number of Shares outstanding), which
its holds directly. B Shares, L.P. has sole voting and dispositive power with
respect to all such Shares.
(viii) B Shares, Inc. beneficially owns an aggregate of 106,114,284
Shares (approximately 16.7% of the total number of Shares outstanding), by
virtue of being the general partner of B Shares, L.P. B Shares, Inc. has sole
voting and dispositive power with respect to all such Shares.
(ix) Micky Arison beneficially owns an aggregate of 191,070,443
Shares (approximately 30.1% of the total number of Shares outstanding), 696,000
Shares of which are underlying vested options which he holds directly, 2,599,265
Shares with respect to which he has a beneficial interest by virtue of the
interest and authority granted to him under the trust instrument for the Nickel
2003 Revocable Trust, 106,114,284 Shares with respect to which he has a
beneficial interest by virtue of the interest and authority granted to him under
the trust instrument for the Nickel 1994 "B" Trust, 76,605,532 Shares with
respect to which he has a beneficial interest by virtue of the interest and
authority granted to him under the last will of Ted Arison, dated July 8, 1999
and 1,432,440 Shares with respect to which he has a beneficial interest by
virtue of the interest and authority granted to him under the trust
28
instrument for the Artsfare 2003 Trust. Micky Arison has shared dispositive and
voting power with respect to the 41,145,830 Shares held by the Artsfare 1992
Irrevocable Trust and with respect to 34,921,309 Shares held by the Eternity
Four Trust. Micky Arison has sole voting and dispositive power with respect to
the 2,599,265 Shares indirectly held by the Nickel 2003 Revocable Trust, which
is the sole stockholder of MA 1997, Inc. Micky Arison has shared dispositive
power with respect to 1,432,440 Shares indirectly held by the Artsfare 2003
Trust. Micky Arison has sole voting power over the 400,000 Shares indirectly
held by the Artsfare 2003 Trust. Micky Arison has sole voting and dispositive
power with respect to the 538,393 Shares held by the Nickel 1997 Irrevocable
Trust and the 106,114,284 Shares indirectly held by the Nickel 1994 "B" Trust.
Micky Arison is deemed to be the beneficial owner of the 696,000 Shares
underlying vested options and the 3,622,922 Shares held by the Nickel 2003 GRAT
over which he may acquire beneficial ownership at any time by replacing the
trustee or reacquiring the Shares from the Nickel 2003 GRAT by substituting
other property of an equivalent value.
Because of his status as President and Treasurer of TAMMS Corp., Micky
Arison may also be deemed to share voting power with respect to the remaining
2,620,728 Shares beneficially owned by TAMMS L.P. in addition to 1,032,440
Shares held by the Artsfare 2003 Trust. Micky Arison disclaims beneficial
ownership of the 2,620,728 Shares owned by TAMMS L.P. which are beneficially
owned by the partners of TAMMS L.P. Accordingly, Micky Arison has not reported
beneficial ownership of the 2,620,728 Shares held by TAMMS L.P.
(x) Eternity One Trust beneficially owns an aggregate of 5,102,708
Shares (approximately 0.8% of the total number of Shares outstanding), 4,000,000
of which it owns directly and 1,102,708 of which it holds beneficially by virtue
of its interest in TAMMS L.P. Eternity One Trust has shared dispositive power
over all such Shares.
(xi) Eternity Two Trust beneficially owns an aggregate of 3,759,010
Shares (approximately 0.6% of the total number of Shares outstanding), 3,000,000
of which it holds directly and 759,010 of which it holds beneficially by virtue
of its interest in TAMMS L.P. Eternity Two Trust has sole voting and dispositive
power with respect to the 3,000,000 Shares held by it and shares dispositive
power over the 759,010 Shares held by TAMMS L.P.
(xii) Shari Arison beneficially owns 5,103,908 Shares (approximately
0.8% of the total number of Shares outstanding). Shari Arison has sole voting
power and shared dispositive power with respect to 4,000,000 Shares directly
held by Eternity One Trust and shared dispositive power with respect to the
trust's ownership interest in the 1,102,708 Shares held by TAMMS L.P. Ms. Arison
also may be deemed to beneficially own 1,200 Shares held by her children and
have shared voting and dispositive power over such Shares. Ms. Arison disclaims
beneficial ownership of such Shares held by her children.
(xiii) JMD Delaware, Inc. beneficially owns an aggregate of 7,506,492
Shares (approximately 1.2% of the total number of Shares outstanding), by virtue
of being the trustee of the Nickel Continued Irrevocable Trust, the Jafasa
Continued Irrevocable Trust and the Nickel 2003 GRAT. JMD Delaware, Inc. has
sole voting and dispositive power with respect to the Shares held by the Nickel
Continued Irrevocable Trust, the Nickel 2003 GRAT
29
and 1,000,000 Shares held by the Jafasa Continued Irrevocable Trust. JMD
Delaware, Inc. has shared dispositive power with respect to 759,010 Shares held
by the Jafasa Continued Irrevocable Trust. Accordingly, JMD Delaware, Inc. may
be deemed to beneficially own such Shares for which it expresses voting and/or
dispositive power. JMD Delaware, Inc. disclaims beneficial ownership of all such
Shares.
(xiv) James M. Dubin beneficially owns an aggregate of 118,851,797
Shares (approximately 18.7% of the total number of Shares outstanding), 1,000
Shares of which he holds directly and 118,850,797 Shares with respect to which
he has a beneficial interest by virtue of being the sole shareholder of JMD
Delaware, Inc. and JMD-LMA Protector, Inc., a fifty-percent shareholder of
Knight Protector, Inc. and the sole trustee of the Artsfare 2003 Trust.
Accordingly, Mr. Dubin may be deemed to beneficially own such Shares for which
he exercises voting and/or dispositive power. Mr. Dubin disclaims beneficial
ownership of all such Shares, except for the 1,000 Shares he holds directly.
(xv) Artsfare 1992 Irrevocable Trust beneficially owns the
41,145,830 Shares for which it exercises shared dispositive power (approximately
6.5% of the total number of Shares outstanding).
(xvi) Knight Protector, Inc. beneficially owns an aggregate of
68,766,035 Shares (approximately 10.8% of the total number of Shares
outstanding), by virtue of being the protector of Eternity Four Trust and the
protector of Eternity Two Trust. Knight Protector, Inc. has shared voting and
dispositive power with respect to the 3,000,000 Shares held by Eternity Two
Trust and shared dispositive power with respect to the 759,010 Shares held by
TAMMS L.P. Knight Protector, Inc. has shared dispositive power with respect to
Shares held by Eternity Four Trust. Knight Protector, Inc. has shared voting
power with respect to 34,921,309 Shares held by Eternity Four Trust, and has
sole voting power with respect to 30,085,716 Shares held by Eternity Four Trust.
(xvii) SunTrust Delaware Trust Company beneficially owns 41,145,830
Shares (approximately 6.5% of the total number of Shares outstanding), by virtue
of being the trustee of Artsfare 1992 Irrevocable Trust. SunTrust Delaware Trust
Company has shared dispositive power with respect to the Shares held by Artsfare
1992 Irrevocable Trust. Accordingly, SunTrust Delaware Trust Company may be
deemed to beneficially own such Shares for which it exercises such dispositive
power. SunTrust Delaware Trust Company disclaims beneficial ownership of such
Shares.
(xviii) JMD-LMA Protector, Inc. beneficially owns an aggregate of
41,145,830 Shares (approximately 6.5% of the total number of Shares
outstanding), by virtue of being the protector of Artsfare 1992 Irrevocable
Trust. JMD-LMA Protector, Inc., has shared voting and dispositive power with
respect to Shares held by Artsfare 1992 Irrevocable Trust.
(xix) JPMorgan Trust Company of Delaware beneficially owns 8,861,718
Shares (approximately 1.4% of the total number of Shares outstanding), by virtue
of being the sole trustee of Eternity One Trust and Eternity Two Trust. JPMorgan
Trust Company of Delaware has shared dispositive power with respect to the
4,000,000 Shares directly held by
30
Eternity One Trust and 1,102,708 Shares held by TAMMS L.P. JPMorgan Trust
Company of Delaware has shared voting and dispositive power with respect to the
3,000,000 Shares held directly by Eternity Two Trust and shared dispositive
power with respect to the 759,010 Shares held by TAMMS L.P. Accordingly,
JPMorgan Trust Company of Delaware may be deemed to beneficially own such Shares
for which it exercises shared voting and/or dispositive power. JPMorgan Trust
Company of Delaware disclaims beneficial ownership of such Shares.
(xx) Artsfare 2003 Trust beneficially owns an aggregate of
1,432,440 Shares (approximately 0.2% of the total number of Shares outstanding),
400,000 of which it holds beneficially by virtue of its interest in MBA and
1,032,440 of which it holds beneficially by virtue of the limited partnership
interest of MBA in TAMMS, L.P. Artsfare 2003 Trust has shared dispositive power
with respect to the 400,000 Shares directly held by MBA and exercises shared
dispositive power over the 1,032,440 Shares held by TAMMS L.P.
(xxi) MBA beneficially owns an aggregate of 1,432,440 Shares
(approximately 0.2% of the total number of Shares outstanding), 400,000 Shares
of which it holds directly and 1,032,440 Shares of which it owns beneficially by
virtue of its interest in TAMMS L.P. MBA has sole voting and dispositive power
over the 400,000 Shares it holds directly and exercises shared dispositive power
over the 1,032,440 Shares held by TAMMS L.P.
(xxii) The Jafasa Continued Irrevocable Trust beneficially owns an
aggregate of 1,759,010 Shares (approximately 0.3% of the total number of Shares
outstanding), 1,000,000 of which it holds directly and 759,010 of which it holds
beneficially by virtue of its interest in TAMMS L.P. The Jafasa Continued
Irrevocable Trust has sole voting and dispositive power with respect to the
1,000,000 Shares held by it and shares dispositive power over the 759,010 Shares
held by TAMMS L.P.
(xxiii) John J. O'Neil beneficially owns an aggregate of 68,766,035
Shares (approximately 10.8% of the total number of Shares outstanding) by virtue
of being a fifty-percent shareholder of Knight Protector, Inc. Mr. O'Neil has
shared voting and dispositive power with respect to the 3,000,000 Shares held by
Eternity Two Trust and shared dispositive power with respect to the 759,010
Shares held by TAMMS L.P. Mr. O'Neil has shared voting and dispositive power
with respect to the Shares held by Eternity Four Trust. Accordingly, Mr. O'Neil
may be deemed to beneficially own such Shares for which he exercises shared
voting and/or dispositive power. Mr. O'Neil disclaims beneficial ownership of
all such Shares.
(xxiv) The Nickel 2003 GRAT owns an aggregate of 3,622,922 Shares
(approximately 0.6% of the total number of Shares outstanding). The Nickel 2003
GRAT has sole voting power and sole dispositive power with respect to the
3,622,922 Shares held by it.
(xxv) The Reporting Persons, as a group, beneficially own an
aggregate of 233,903,647 Shares (approximately 34.7% of the total number of
Shares outstanding). The Reporting Persons, as a group, have sole voting and
dispositive power over all such Shares,
31
except for Shares held by Eternity Four Trust over which Citigroup Institutional
Trust Company exercises shared dispositive power.
(c) (i) During the past 60 days, Artsfare 1992 Irrevocable Trust((1))
has sold Shares in open market transactions on the New York Stock Exchange as
follows:
AVERAGE
DATE NO. OF SHARES SOLD PRICE PER SHARE
- --------------------- -------------------------- -----------------------
04/07/05 32,000 $51.05
04/12/05 32,000 $50.58
04/15/05 10,000 $49.54
04/18/05 6,200 $49.24
04/19/05 10,000 $49.33
04/21/05 64,000 $49.33
04/25/05 5,500 $49.54
04/27/05 5,000 $47.12
04/28/05 32,000 $47.80
04/29/05 5,400 $48.27
- -----------------
(1) Each of Micky Arison, SunTrust Delaware Trust Company, JMD-LMA Protector,
Inc. and James M. Dubin also report beneficial ownership of the Shares held
by Artsfare 1992 Irrevocable Trust.
(c) (ii) During the past 60 days, the
Jafasa Continued Irrevocable Trust((2)) has sold Shares
in open market transactions on the New York Stock
Exchange as follows:
AVERAGE
DATE NO. OF SHARES SOLD PRICE PER SHARE
- --------------------- -------------------------- -----------------------
04/07/05 85,000 $51.06
04/12/05 85,000 $50.59
04/15/05 20,000 $49.56
04/18/05 25,000 $49.35
04/19/05 25,000 $49.32
04/21/05 170,000 $49.27
04/25/05 13,000 $49.54
04/27/05 25,000 $47.14
04/28/05 85,000 $47.77
04/29/05 85,000 $48.43
05/03/05 20,000 $49.01
05/04/05 155,000 $49.58
05/06/05 25,000 $50.25
05/11/05 85,000 $49.12
05/12/05 36,100 $49.40
05/13/05 67,000 $49.78
05/16/05 18,100 $50.61
32
- -----------------
(2) Each of JMD Delaware, Inc. and James M. Dubin also report beneficial
ownership of the Shares held by the Jafasa Continued Irrevocable Trust.
(c) (iii) During the past 60 days,
the Eternity Four((3)) has sold Shares in open market
transactions on the New York Stock Exchange as follows:
AVERAGE
DATE NO. OF SHARES SOLD PRICE PER SHARE
- --------------------- -------------------------- -----------------------
05/17/05 246,400 $52.02
05/18/05 945,000 $52.71
05/19/05 490,000 $52.89
05/20/05 865,000 $52.46
05/24/05 70,000 $52.69
05/25/05 72,500 $52.37
05/26/05 800,000 $52.89
05/31/05 7,000 $52.95
06/01/05 200,000 $53.47
06/02/05 225,000 $53.10
06/06/05 138,300 $52.36
- -----------------
(3) Each of Knight Protector, Inc., John J. O'Neil and James M. Dubin report
beneficial ownership of the Shares held by Eternity Four Trust.
Except as set forth in this paragraph (c), to the best of the knowledge
of each of the Reporting Persons, none of the persons named in response to
paragraph (a) has effected any transactions in the Shares during the past 60
days.
(d) Each of the Reporting Persons affirms that no person other
than such Reporting Person has the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of, the Shares owned by
such Reporting Person.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER
Item 6 is hereby amended by adding the following:
A Consent, Waiver and Agreement, dated as of April 13, 2005, released
(i) 857,143 Shares held by SunTrust Delaware Trust Company, as trustee for
Artsfare 1992 Irrevocable Trust, from a pledge in favor of SunTrust Bank
pursuant to an assignment and pledge agreement dated December 17, 2003 and (ii)
1,142,857 Shares held by Citigroup Institutional Trust Company, as trustee for
Eternity Four, from a pledge in favor of SunTrust Bank pursuant to a pledge
agreement dated December 17, 2003.
33
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
The following exhibits have been filed with this Schedule 13D.
Exhibit 34 Joint Filing Agreement, dated as of June 8, 2005, among TAMMS L.P.,
TAMMS Corp., Nickel Continued Irrevocable Trust, MA 1997, L.P., MA
1997, Inc., Nickel 1994 "B" Trust, B Shares, L.P., B Shares, Inc.,
Micky Arison, Eternity One Trust, Eternity Two Trust, Shari Arison,
JMD Delaware, Inc., James M. Dubin, Artsfare 1992 Irrevocable
Trust, Knight Protector, Inc., SunTrust Delaware Trust Company,
JMD-LMA Protector, Inc., JPMorgan Trust Company of Delaware,
Artsfare 2003 Trust, MBA, Jafasa Continued Irrevocable Trust, John
J. O'Neil and Nickel 2003 GRAT.
Exhibit 35 Consent, Waiver and Agreement, dated as of April 13, 2005, by and
among Arison Holdings (1998) Ltd., the lenders named therein and
SunTrust Bank, as administrative agent and as collateral agent for
the lenders.
The Power of Attorney filed for Eternity Two Trust and JPMorgan Trust Company of
Delaware as an exhibit to Amendment No. 8 to Schedule 13D filed on March 22,
2005, the Powers of Attorney filed for Artsfare 1992 Irrevocable Trust and
SunTrust Delaware Trust Company as an exhibit to the Form 4 for Artsfare 1992
Irrevocable Trust filed on January 31, 2005, the Power of Attorney filed for
Eternity One Trust as an exhibit to Amendment No. 7 to Schedule 13D filed on
November 19, 2004 and the Powers of Attorney filed for the other signatories
hereto (other than Eternity Two Trust and JPMorgan Trust Company of Delaware) as
an exhibit to Amendment No. 4 to Schedule 13D filed on February 23, 2004 are
hereby incorporated herein by reference.
34
SIGNATURES
After reasonable inquiry and to the best of our knowledge and
belief, we certify that the information set forth in this statement is true,
complete and correct.
Date: June 8, 2005
ARTSFARE 1992 IRREVOCABLE TRUST
ARTSFARE 2003 TRUST
ETERNITY ONE TRUST
ETERNITY TWO TRUST
JAFASA CONTINUED IRREVOCABLE TRUST
JAMES M. DUBIN
JMD DELAWARE, INC.
JPMORGAN TRUST COMPANY OF DELAWARE
MA 1994 B SHARES, INC.
MA 1994 B SHARES, L.P.
MA 1997 HOLDINGS, INC.
MA 1997 HOLDINGS, L.P.
MBA I, L.P.
MICKY ARISON
NICKEL 1994 "B" TRUST
NICKEL 2003 GRAT
NICKEL CONTINUED IRREVOCABLE TRUST
SUNTRUST DELAWARE TRUST COMPANY
SHARI ARISON
TAMMS INVESTMENT COMPANY, LIMITED PARTNERSHIP
TAMMS MANAGEMENT CORPORATION
By: /s/ John J. O'Neil
------------------------------------
John J. O'Neil, Attorney-in-Fact
JMD-LMA PROTECTOR, INC.
KNIGHT PROTECTOR, INC.
By: /s/ John J. O'Neil
------------------------------------
John J. O'Neil, Authorized Signatory
/s/ John J. O'Neil
- ----------------------------------------
John J. O'Neil
INDEX TO EXHIBITS
EXHIBITS
- --------
Exhibit 34 Joint Filing Agreement, dated as of June 8, 2005, among TAMMS L.P.,
TAMMS Corp., Nickel Continued Irrevocable Trust, MA 1997, L.P., MA
1997, Inc., Nickel 1994 "B" Trust, B Shares, L.P., B Shares, Inc.,
Micky Arison, Eternity One Trust, Eternity Two Trust, Shari Arison,
JMD Delaware, Inc., James M. Dubin, Artsfare 1992 Irrevocable
Trust, Knight Protector, Inc., SunTrust Delaware Trust Company,
JMD-LMA Protector, Inc., JPMorgan Trust Company of Delaware,
Artsfare 2003 Trust, MBA, Jafasa Continued Irrevocable Trust, John
J. O'Neil and Nickel 2003 GRAT.
Exhibit 35 Consent, Waiver and Agreement, dated as of April 13, 2005, by and
among Arison Holdings (1998) Ltd., the lenders named therein and
SunTrust Bank, as administrative agent and as collateral agent for
the lenders.
EXHIBIT 34
----------
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f) under the Securities Exchange
Act of 1934, as amended, the persons named below agree to the joint filing on
behalf of each of them of this amendment to Schedule 13D. This Joint Filing
Agreement shall be included as an Exhibit to such joint filing. In evidence
thereof, each of the undersigned, being duly authorized, hereby executed this
Agreement.
Date: June 8, 2005
ARTSFARE 1992 IRREVOCABLE TRUST
ARTSFARE 2003 TRUST
ETERNITY ONE TRUST
ETERNITY TWO TRUST
JAFASA CONTINUED IRREVOCABLE TRUST
JAMES M. DUBIN
JMD DELAWARE, INC.
JPMORGAN TRUST COMPANY OF DELAWARE
MA 1994 B SHARES, INC.
MA 1994 B SHARES, L.P.
MA 1997 HOLDINGS, INC.
MA 1997 HOLDINGS, L.P.
MBA I, L.P.
MICKY ARISON
NICKEL 1994 "B" TRUST
NICKEL 2003 GRAT
NICKEL CONTINUED IRREVOCABLE TRUST
SUNTRUST DELAWARE TRUST COMPANY
SHARI ARISON
TAMMS INVESTMENT COMPANY, LIMITED PARTNERSHIP
TAMMS MANAGEMENT CORPORATION
By: /s/ John J. O'Neil
------------------------------------
John J. O'Neil, Attorney-in-Fact
JMD-LMA PROTECTOR, INC.
KNIGHT PROTECTOR, INC.
By: /s/ John J. O'Neil
------------------------------------
John J. O'Neil, Authorized Signatory
/s/ John J. O'Neil
- ----------------------------------------
John J. O'Neil
EXHIBIT 35
----------
Execution Version
Consent, Waiver and Agreement dated as of April 13, 2005 (this
"AGREEMENT"), to the Credit Agreement dated as of December 17, 2003 (the "CREDIT
AGREEMENT"), by and among ARISON HOLDINGS (1998) LTD., the LENDERS named therein
and SUNTRUST BANK, as administrative agent (in such capacity, the
"ADMINISTRATIVE AGENT") and as collateral agent for the Lenders (in such
capacity, the "COLLATERAL AGENT", together with the Administrative Agent, the
"AGENTS"). Capitalized terms used herein and not otherwise defined shall have
the respective meanings ascribed thereto in the Credit Agreement.
R E C I T A L S
WHEREAS, the Borrower has requested that the Collateral Agent (i)
release two million shares of Carnival Corporation common stock (the "CCL
STOCK") from the Pledged Accounts, which CCL Stock constitutes a portion of the
Collateral which is pledged as security pursuant to the Assignment and Pledge
Agreement in support of the Loans and (ii) waive the thirty (30) day prior
written notice requirement in Section 4(f) of the Assignment and Pledge
Agreement with respect to the name change of the sole trustee of Eternity Four
Trust, "Smith Barney Corporate Trust Company" to "Citigroup Institutional Trust
Company", on December 8, 2004, which notice was given to the Collateral Agent on
March 24, 2005;
WHEREAS, pursuant to Section 9.8(b) of the Credit Agreement, none of
the provisions of the Credit Agreement or of any other Loan Document may be
waived, amended or modified to release any Collateral (including any withdrawals
of principal from the Pledged Accounts pursuant to Section 2.3.1 of the Control
Agreement ) or amend or modify any of the Collateral Documents, without the
prior written consent of each Lender;
WHEREAS, pursuant to Section 4(b) of the Assignment and Pledge
Agreement, the Pledgors shall neither attempt to modify nor attempt to terminate
the Control Agreement or the customer agreements with the Securities
Intermediary under which the Pledged Accounts were established;
WHEREAS, pursuant to Section 4(f) of the Assignment and Pledge
Agreement, each Pledgor is required to notify the Collateral Agent at least
thirty (30) days before any proposed name change;
WHEREAS, pursuant to Section 9(b) of the Assignment and Pledge
Agreement, no waiver of the Assignment and Pledge Agreement shall be effective
unless the same shall be in writing and signed by the Collateral Agent; and
WHEREAS, the Lenders and the Agents are willing to grant their consent
to release the CCL Stock and to waive the notice requirement in Section 4(f) of
the Assignment and Pledge Agreement, on the terms and conditions set forth
herein.
NOW THEREFORE, in consideration of the premises, the sum of $1.00 and
for other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, the parties hereto agree as follows:
Section 1. CONSENT; WAIVERS. The Lenders hereby consent and
agree to the release of the CCL Stock pledged pursuant to the Assignment and
Pledge Agreement and held by Northern Trust Bank, FSB, as Securities
Intermediary pursuant to the Control Agreement. In addition, the Lenders and the
Agents hereby (i) waive any breach, Default or Event of Default relating to such
release of CCL Stock under the Credit Agreement or any breach, default or Event
of Default relating to such release of CCL Stock under any other Loan Document
and (ii) hereby waive the notice requirement in Section 4(f) of the Assignment
and Pledge Agreement with respect to the name change of "Smith Barney Corporate
Trust Company" to "Citigroup Institutional Trust Company".
Section 2. REPRESENTATIONS AND WARRANTIES. The Borrower hereby
represents and warrants to the Agents and the Lenders as of the date hereof:
(i) After giving effect to this Agreement, no Default or
Event of Default has occurred or is continuing.
(ii) The execution, delivery and performance by the
Borrower of this Agreement are within the scope of its corporate powers, and
have been duly authorized by all necessary corporate action, and no
authorizations, approvals or consents of, and no filings or registrations with,
any governmental or regulatory authority or agency are necessary for the
execution or delivery of this Agreement or for the validity or enforceability
hereof. The Credit Agreement, as amended by this Agreement, constitutes the
legal, valid and binding obligations of the Borrower, enforceable against it in
accordance with its terms, except as such enforceability may be limited by (i)
bankruptcy, insolvency, reorganization, moratorium or other similar laws of
general applicability affecting the enforcement of creditors' rights and (ii)
the application of general principles of equity (regardless of whether such
enforceability is considered in a proceeding in equity or at law).
(iii) All representations and warranties of the Borrower
contained in the Credit Agreement (other than those representations or
warranties expressly made only on as of the Closing Date) are true and correct
in all material respects on and as of the date hereof with the same force and
effect as if made on and as of the date hereof.
Section 3. NO OTHER CONSENTS OR WAIVERS; CONFIRMATION. Except
for the consent and waivers expressly granted in Section 1 hereof, the
provisions of the Credit Agreement and of the other Loan Documents are and shall
remain in full force and effect.
Section 4. DIRECTION. The Collateral Agent hereby directs the
Securities Intermediary to release (i) 857,143 shares from account number:
26-23759, held by SunTrust Delaware Trust Company, as account holder and sole
trustee of Artsfare 1992 Irrevocable Trust and (ii) 1,142,857 shares from
account number: 26-23758, held by Citigroup Institutional Trust Company
(formerly Smith Barney Corporate Trust Company), as account holder and sole
trustee of Eternity Four Trust.
Section 5. EFFECTIVENESS. This Agreement shall become effective
upon the receipt by the Collateral Agent or its counsel of counterparts hereof,
duly executed and delivered by the Borrower, the Lenders and the Agents party
hereto (the "CONSENT EFFECTIVE DATE").
Section 6. EXPENSES. The Borrower agrees to reimburse the
Collateral Agent for its out-of-pocket expenses in connection with the
preparation, execution and delivery of this Agreement, including the fees,
charges and disbursements of Greenberg Traurig, LLP, counsel for the Collateral
Agent.
Section 7. COUNTERPARTS. This Agreement may be executed in any
number of counterparts, all of which shall constitute one and the same
instrument, and any party hereto may execute this Agreement by signing and
delivering one or more counterparts.
Section 8. BENEFIT OF CONSENT. This Agreement shall be binding
upon each party to the Credit Agreement, its successors and assigns. No other
person (other than the Pledgors) shall be entitled to claim any right or benefit
hereunder, as a third-party beneficiary or otherwise.
Section 9. GOVERNING LAW. This Agreement shall be governed by,
and construed in accordance with, the laws of the State of New York, without
giving effect to the conflict of laws provisions thereof.
2
IN WITNESS WHEREOF, the parties hereto have each caused this Agreement
to be duly executed by their duly authorized officers, all as of the day and
year first above written.
ARISON HOLDINGS (1998) LTD.,
as Borrower
By: /s/ Moddi Keret
------------------------------
Name: Moddi Keret
Title: Vice President & CFO
SUNTRUST BANK, as Administrative Agent,
Collateral Agent and Lender
By: /s/ Kathy Boone
------------------------------
Name: Kathy Boone
Title: Vice President
CITICORP USA, INC., as Lender
By: /s/ William R. Lordi
------------------------------
Name: William R. Lordi
Title: Vice President
THE NORTHERN TRUST COMPANY,
as Lender
By: /s/ Donald D. Dabisch
------------------------------
Name: Donald D. Dabisch
Title: Vice President
JPMORGAN CHASE BANK, as Lender
By: /s/ Luisa V. O'Hanlon
------------------------------
Name: Luisa V. O'Hanlon
Title: Vice President
3
Acknowledged:
NORTHERN TRUST BANK, FSB, as Securities Intermediary
(pursuant to Section 2.3.1 of the Control Agreement):
By: /s/ Lawrence E. Kohn
------------------------
Name: Lawrence E. Kohn
------------------------
Title: Vice President
------------------------
The Sole Trustee of Eternity Four Trust
By: CITIGROUP INSTITUTIONAL TRUST COMPANY (formerly
Smith Barney Corporate Trust Company), not in its
individual capacity but solely as trustee (with respect
to the waiver of Section 4(f) of the Assignment and
Pledge Agreement)
By: /s/ Carol E. Fisher
------------------------
Name: Carol E. Fisher
------------------------
Title: Executive Vice President
------------------------
4