EXHIBIT 4.1
IMPERIAL SUGAR COMPANY
FIRST AMENDMENT TO INTERIM WAIVER AGREEMENT
To the Lender Parties to the
Interim Waiver Agreement
referred to below
Ladies and Gentlemen:
We refer to the Interim Waiver Agreement between us dated as of September
30, 2000 (the "Interim Waiver Agreement"), capitalized terms used without
definition below to have the meanings ascribed to them in the Interim Waiver
Agreement. Upon receipt by the Administrative Agent of counterparts hereof
which, taken together, bear the signatures of the Borrower, the Subsidiary
Guarantors, the Requisite Restructuring Lenders and the Majority Revolving
Credit Facility Lenders, the Interim Waiver Agreement shall be amended by (i)
striking the date "January 8, 2001" wherever such date appears therein other
than in Section 5 thereof and substituting the date "January 14, 2001" therefor
and (ii) Section 5 of the Interim Waiver Agreement shall not be applicable after
January 8, 2001. Except as specifically amended hereby all of the terms,
conditions and provisions of the Interim Waiver Agreement shall stand and remain
unchanged and in full force and effect. No reference to this First Amendment to
Interim Waiver Agreement need be made in any instrument or document at any time
referring to the Interim Waiver Agreement, a reference to the Interim Waiver
Agreement in any of such to be deemed to be a reference to the same as amended
hereby. This First Amendment to Interim Waiver Agreement may be executed in
counterparts and by separate parties hereto on separate counterparts, each to
constitute an original but all of which shall constitute one and the same
instrument. The amendments provided for herein shall be strictly construed and
limited as herein provided. This First Amendment to Interim Waiver Agreement
shall be construed in accordance with and governed by the laws of the state of
New York.
Dated and to Become Effective as of this 8th day of January 2001.
Imperial Sugar Company (formerly known as
Imperial Xxxxx Corporation)
/s/ XXXX X. XXXXXXX
By ________________________________________
Its CFO
____________________________________
Biomass Corporation
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: President
Crown Express, Inc.
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: President
Diamond Crystal Brands, Inc.
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: Sr. Vice President
Diamond Crystal Brands, LP
By: Savannah Molasses & Specialties Company
Its sole General Partner
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: Sr. Vice President
Diamond Crystal Holdings, Inc.
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: Sr. Vice President
Diamond Crystal Specialty Foods, Inc.
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: Sr. Vice President
Xxxxx Crystals Foodservice, Inc.
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: Sr. Vice President
DSLT Holding Company
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: Sr. Vice President
Food Carrier, Inc.
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: Sr. Vice President
Fort Bend Utilities Company
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: Sr. Vice President
Great Lakes Sugar Company
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: Sr. Vice President
Xxxxx Northwest Company
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: President
Xxxxx Sugar Corporation
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: Sr. Vice President
Imperial Distributing, Inc.
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: President
Imperial-Savannah, LP
By: Savannah Molasses & Specialties Company
Its sole General Partner
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: Sr. Vice President
Imperial Sweeteners Distributors, Inc.
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: Sr. Vice President
King Packaging Company, Inc.
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: Sr. Vice President
Limestone Products Company
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: President
Menu Magic Foods, Inc.
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: Sr. Vice President
Michigan Sugar Company
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: Sr. Vice President
Phoenix Packaging Corporation
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: Sr. Vice President
Xxxxx Holdings, Inc.
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: President
Savannah Foods Industrial, Inc.
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: Sr. Vice President
Savannah Foods & Industries, Inc.
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: Sr. Vice President
Savannah Investment Company
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: President
Savannah Molasses & Specialties Company
/s/ X.X. XXXXXX
By ________________________________________
Name:
Title:
Savannah Sugar Refining Corporation
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: Sr. Vice President
Wholesome Sweeteners Group, Ltd.
By: Wholesome Sweeteners, LLC
Its sole General Partner
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: Sr. Vice President
Wholesome Sweeteners, LLC
/s/ X.X. XXXXXX
By ________________________________________
Name: X.X. Xxxxxx
Title: Sr. Vice President
Xxxxxx Commercial Paper Inc., as Syndication
Agent and as a Lender
/s/ XXXXXXX XXXXXXX
By ________________________________________
Name: Xxxxxxx Xxxxxxx
Title: Authorized Signatory
Xxxxxx Trust and Savings Bank, as
Administrative Agent, Collateral Agent,
Issuing Lender and as a Lender
By ________________________________________
Name:
Title:
Wachovia Bank, N.A.
/s/ X.X. XXXXXXXX
By ________________________________________
Name: Xxxxxxx X. Xxxxxxxx
Title: Senior Vice President
US Bancorp AG Credit, Inc.
/s/ XXXXXX X. XXXXX
By ________________________________________
Name: Xxxxxx X. Xxxxx
Title: Vice President
The Bank of New York
/s/ X.X. XXXXX
By ________________________________________
Name: Xxxxxx X. Xxxxx
Title: Vice President
Cooperatieve Centrale Raiffeisen-Boerenleenbank
B.A., "Rabobank Nederland" New York Branch
/s/ XXXXXXX X. XXXXX
By ________________________________________
Name: Xxxxxxx X. Xxxxx
Title: Vice President
/s/ XXX XXXXX
By ________________________________________
Name: Xxx Xxxxx
Title: Senior Credit Officer
Frost National Bank
/s/ XXXX XXXXXX
By ________________________________________
Name: Xxxx Xxxxxx
Title: Senior Vice President
Credit Agricole Indosuez
/s/ XXXXX XXXXXX
By ________________________________________
Name: Xxxxx Xxxxxx
Title: Vice President
/s/ XXXX X. XXXXXXX
By ________________________________________
Name: Xxxx X. Xxxxxxx
Title: Senior Relationship Manager
Balanced High Yield Fund I Ltd.,
By: BHF (USA) Capital Corporation acting as
attorney-in-fact
/s/ XXXX X. X'XXXXXX
By ________________________________________
Name: Xxxx X. X'Xxxxxx
Title: Vice President
Asset Management
/s/ XXXXXXXXX XXXXXX
By ________________________________________
Name: Xxxxxxxxx Xxxxxx
Title: Associate
Monument Capital Ltd.
By: Alliance Capital Management L.P., as
Investment Manager
By: Alliance Capital Management Corporation,
as General Partner
/s/ XXXX XXXXXXXXXXX
By ________________________________________
Name: Xxxx Xxxxxxxxxxx
Title: Senior Vice President
Oak Mountain Limited
By: Alliance Capital Management L.P., as
Investment Manager
By: Alliance Capital Management Corporation,
as General Partner
/s/ XXXX XXXXXXXXXXX
By ________________________________________
Name: Xxxx Xxxxxxxxxxx
Title: Senior Vice President
Xxx Xxxxxx CLO I, Ltd.
By: Xxx Xxxxxx Management Inc., as Collateral
Manager
/s/ XXXXXX X. XXXXXX
By ________________________________________
Name: Xxxxxx X. Xxxxxx
Title: Principal
Xxx Xxxxxx CLO II, Ltd.
By: Xxx Xxxxxx Management Inc., as Collateral
Manager
/s/ XXXXXX X. XXXXXX
By ________________________________________
Name: Xxxxxx X. Xxxxxx
Title: Principal
Xxx Xxxxxx Senior Income Trust
By: Xxx Xxxxxx Investment Advisory Corp.
/s/ XXXXXX X. XXXXXX
By ________________________________________
Name: Xxxxxx X. Xxxxxx
Title: Principal
Black Diamond CLO 1998 - 1 Ltd.
/s/ XXXX X. CULLINAME
By ________________________________________
Name: Xxxx X. Culliname
Title: Director
Black Diamond International Funding Ltd.
/s/ XXXX X. CULLINAME
By ________________________________________
Name: Xxxx X. Culliname
Title: Director
KZH Sterling LLC
/s/ XXXXXXXX XXXX
By ________________________________________
Name: Xxxxxxxx Xxxx
Title: Authorized Agent
First Union National Bank
/s/ XXX X. XXXXXXXX
By ________________________________________
Name: Xxx X. Xxxxxxxx
Title: Senior Vice President
The Pilgrim Prime Rate Trust
By: ING Pilgrim Investments Inc. as its
Investment Manager
/s/ XXXXXX XXXXXX, CFA
By ________________________________________
Name: Xxxxxx Xxxxxx, CFA
Title: Vice President
Pilgrim America High Income Investments, Ltd.
(as Assignee)
By: ING Pilgrim Investments Inc. as its
Investment Manager
/s/ XXXXXX XXXXXX, CFA
By ________________________________________
Name: Xxxxxx Xxxxxx, CFA
Title: Vice President