LOAN AND SECURITY AGREEMENT by and among SYNALLOY CORPORATION and EACH OF ITS SUBSIDIARIES THAT ARE SIGNATORIES HERETO as Borrowers, and FOOTHILL CAPITAL CORPORATION as Lender Dated as of July 26, 2002 LOAN AND SECURITY AGREEMENTLoan and Security Agreement • August 9th, 2002 • Synalloy Corp • Steel pipe & tubes • Georgia
THIS LOAN AND SECURITY AGREEMENT (this "Agreement"), is entered into as of July 26, 2002, between and among, FOOTHILL CAPITAL CORPORATION, a California corporation ("Lender"), SYNALLOY CORPORATION, a Delaware corporation ("Parent"), and each of Parent's Subsidiaries identified on the signature pages hereof (such Subsidiaries, together with Parent, are referred to hereinafter each individually as a "Borrower", and individually and collectively, jointly and severally, as the "Borrowers").
