Indebtedness Documents. The Administrative Agent shall have received duly executed copies of the following, each in form and substance reasonably satisfactory to it: (i) the Series A Indenture; (ii) the Series B Indenture; (iii) the subordinated note due 2011 in the aggregate principal amount of $10,000,000 issued to WHX Corporation (the "WHX Subordinated Note"); (iv) the 7% Note in the aggregate principal amount of $3,000,000 issued to Junction Industries, Inc. and due in ten consecutive semi-annual payments of $300,000 each beginning on the date which is six months after the date of physical completion of the Electric Arc Furnace (the "Junction Note"); (v) the Note due 2007 in the aggregate principal amount of $1,210,526 issued to Danieli Corporation (the "Danieli Note"); (vi) the 3% Note due 2005 in the original aggregate principal amount of $6,985,000 issued to the State of Ohio (the "Ohio Note"); (vii) the Note due 2008 in the aggregate principal amount of $6,539,473.68 issued to the State of West Virginia Economic Development Agency (the "West Virginia Note"); (viii) the Nevada IRB Supplemental Indenture (or in lieu of such delivery, the claims of the Director of the State of Nevada Department of Business and Industry against Borrower to be evidenced by the Nevada IRB Supplemental Indenture, shall have been modified as set forth in, and pursuant to, Section 5.3 of the Plan of Reorganization, to the reasonable satisfaction of the Administrative Agent); (ix) the Virginia IRB Supplemental Indenture (or in lieu of such delivery, the claims of the Industrial Development Authority of Greensville County, Virginia against Borrower to be evidenced by the Virginia IRB Supplemental Indenture, shall have been modified as set forth in, and pursuant to, Section 5.3 of the Plan of Reorganization, to the reasonable satisfaction of the Administrative Agent); and (x) the RDL Deferred Payment Agreement.
Appears in 1 contract
Sources: Revolving Loan Agreement (Wheeling Pittsburgh Corp /De/)
Indebtedness Documents. The Administrative Agent shall have received duly executed copies of the followingfollowing and all amendments or other modifications thereof, each in form and substance reasonably satisfactory to it:
(i) the Series A Indenture;
(ii) the Series B Indenture;
(iii) the subordinated note due 2011 in the aggregate original principal amount of $10,000,000 originally issued to WHX Corporation (the "“WHX Subordinated Note"”);
(iv) the 7% Note in the aggregate principal amount of $3,000,000 issued to Junction Industries, Inc. and due in ten consecutive semi-annual payments of $300,000 each beginning on the date which is six months after the date of physical completion final acceptance of the Electric Arc Furnace (the "“Junction Note"”);
(v) the Note due 2007 in the aggregate original principal amount of $1,210,526 issued to Danieli Corporation (the "“Danieli Note"”);
(vi) the 3% Note due 2005 in the original aggregate principal amount of $6,985,000 issued to the State of Ohio (the "“Ohio Note"”);
(vii) the Note due 2008 in the aggregate principal amount of $6,539,473.68 issued to the State of West Virginia Economic Development Agency (the "“West Virginia Note"”);
(viii) the Nevada IRB Supplemental Indenture (or in lieu of such delivery, the claims of the Director of the State of Nevada Department of Business and Industry against Borrower to be evidenced by the Nevada IRB Supplemental Indenture, shall have been modified as set forth in, and pursuant to, Section 5.3 of the Plan of Reorganization, to the reasonable satisfaction of the Administrative Agent);
(ix) the Virginia IRB Supplemental Indenture (or in lieu of such delivery, the claims of the Industrial Development Authority of Greensville County, Virginia against Borrower to be evidenced by the Virginia IRB Supplemental Indenture, shall have been modified as set forth in, and pursuant to, Section 5.3 of the Plan of Reorganization, to the reasonable satisfaction of the Administrative Agent); and
(x) the RDL Deferred Payment Term Loan Agreement.
Appears in 1 contract
Sources: Revolving Loan Agreement (Wheeling Pittsburgh Corp /De/)
Indebtedness Documents. The Administrative Agent parties shall have received duly executed and delivered to the Administrative Agent, the Federal Guarantor and the State Guarantor copies of the following, following each in form and substance reasonably satisfactory to iteach of them:
(i) the Series A Indenture;
(ii) the Series B Indenture;
(iii) the subordinated note due 2011 in the aggregate principal amount of $10,000,000 issued to WHX Corporation (the "WHX Subordinated Note");
(iv) the 7% Note in the aggregate principal amount of $3,000,000 issued to Junction Industries, Inc. and due in ten consecutive semi-annual payments of $300,000 each beginning on the date which is six months after the date of physical completion of the Electric Arc Furnace Physical Completion Date (the "Junction Note");
(v) the Note due 2007 in the aggregate principal amount of $1,210,526 issued to Danieli Corporation (the "Danieli Note");
(vi) the 3% Note due 2005 in the original aggregate principal amount of $6,985,000 issued to the State of Ohio (the "Ohio Note");
(vii) the Note due 2008 in the aggregate principal amount of $6,539,473.68 issued to the State of West Virginia Economic Development Agency (the "West Virginia Note");
(viii) the Nevada IRB Supplemental Indenture (or in lieu of such delivery, the claims of the Director of the State of Nevada Department of Business and Industry against Borrower to be evidenced by the Nevada IRB Supplemental Indenture, shall have been modified as set forth in, and pursuant to, Section 5.3 of the Plan of Reorganization, to the reasonable satisfaction of the Administrative Agent);
(ix) the Virginia IRB Supplemental Indenture (or in lieu of such delivery, the claims of the Industrial Development Authority of Greensville County, Virginia against Borrower to be evidenced by the Virginia IRB Supplemental Indenture, shall have been modified as set forth in, and pursuant to, Section 5.3 of the Plan of Reorganization, to the reasonable satisfaction of the Administrative Agent); and
(x) the RDL Deferred Payment Agreement.
Appears in 1 contract
Sources: Term Loan Agreement (Wheeling Pittsburgh Corp /De/)