as Secured Notes Trustees andInter-Creditor Agreement • March 27th, 2006 • Ontario
Contract Type FiledMarch 27th, 2006 JurisdictionTHIS INTER-CREDITOR AGREEMENT, dated as of the 31st day of March, 2006, by and among CIT Business Credit Canada Inc., in its capacity as administrative agent for itself and the lenders from time to time party to the ABL Credit Agreement (as hereinafter defined) (the “ABL Agent”), 1685970 Ontario Inc. in its capacity as agent for itself and the lenders from time to time party to the Term Credit Agreement (as hereinafter defined) (the “Term Agent”), BNY Trust Company of Canada (the “Canadian Trustee”) and The Bank of New York (the “U.S. Trustee”, and together with the Canadian Trustee, the “Secured Notes Trustees”), as co-trustees under the Secured Notes Trust Indenture (as hereinafter defined) (collectively, the “Secured Notes Trustees”), Stelco Inc., as borrower (the “Borrower”), Hamilton Steel Limited Partnership, Hamilton Steel GP Inc., Lake Erie Steel Limited Partnership, Lake Erie Steel GP Inc., Hamilton Coke Limited Partnership, Hamilton Coke GP Inc., Lake Erie Coke Limited Partne