THIRD AMENDED AND RESTATED CREDIT AGREEMENT Dated as of April 6, 2016 among SCHNITZER STEEL INDUSTRIES, INC., as the US Borrower, SCHNITZER STEEL CANADA LTD., as a Canadian Borrower, BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender...Credit Agreement • April 7th, 2016 • Schnitzer Steel Industries Inc • Wholesale-misc durable goods • British Columbia
This THIRD AMENDED AND RESTATED CREDIT AGREEMENT (this “Agreement”) is entered into as of April 6, 2016, among SCHNITZER STEEL INDUSTRIES, INC., an Oregon corporation (the “US Borrower”), SCHNITZER STEEL CANADA LTD., a British Columbia corporation (“Schnitzer Steel Canada” and together with certain Subsidiaries of the US Borrower party hereto pursuant to Section 2.15, collectively, the “Canadian Borrowers” and individually, a “Canadian Borrower”), each US Lender from time to time party hereto, BANK OF MONTREAL, as Canadian Lender, and BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and an L/C Issuer.
SECURITY AGREEMENTSecurity Agreement • April 7th, 2016 • Schnitzer Steel Industries Inc • Wholesale-misc durable goods
THIS SECURITY AGREEMENT (this “Agreement”) is entered into as of April 6, 2016 among Schnitzer Steel Industries, Inc. (the “US Borrower”), the other parties identified as “Grantors” on the signature pages hereto and such other parties that may become Grantors hereunder after the date hereof (together with the US Borrower, each individually a “Grantor”, and collectively, the “Grantors”) and Bank of America, N.A., in its capacity as administrative agent (the “Administrative Agent”) for the holders of the Obligations.
GENERAL SECURITY AGREEMENTGeneral Security Agreement • April 7th, 2016 • Schnitzer Steel Industries Inc • Wholesale-misc durable goods • British Columbia
TO: Bank of America, N.A. in its capacity as collateral agent (the "Agent") for and on behalf of and for the benefit of the Secured Parties (as defined below) DATE: April 6, 2016
