GuaranteeGuarantee • July 15th, 2004 • Ainsworth Lumber Co LTD • Lumber & wood products (no furniture)
For value received, Ainsworth Engineered Corp., the Guarantor (which term includes any successor Person under the Indenture) has unconditionally guaranteed, to the extent set forth in the Indenture (as defined below) and subject to the provisions in the Indenture dated as of March 3, 2004 as amended by the First Supplemental Indenture thereto dated as of May 19, 2004 (as amended, the “Indenture”) among Ainsworth Lumber Co. Ltd., a corporation amalgamated under the laws of the Province of British Columbia and The Bank of New York, as Trustee (the “Trustee”), (a) the due and punctual payment of the principal of, premium and Special Interest, if any, and interest on the Notes (as defined in the Indenture), whether at maturity, by acceleration, redemption or otherwise, the due and punctual payment of interest on overdue principal and premium, and, to the extent permitted by law, interest, and the due and punctual performance of all other obligations of the Company to the Holders or the Tru
