Common Contracts

SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT

Credit Agreement • June 8th, 2020 • Rayonier Advanced Materials Inc. • Plastic material, synth resin/rubber, cellulos (no glass) • New York

• Contract Type
  Credit Agreement
• Filed
  June 8th, 2020
• Company
  Rayonier Advanced Materials Inc.
• Industry
  Plastic material, synth resin/rubber, cellulos (no glass)
• Jurisdiction
  New York

This AMENDED AND RESTATED CREDIT AGREEMENT dated as of the Restatement Date (as defined below) (this “Agreement”), among RAYONIER ADVANCED MATERIALS INC., a Delaware corporation (“Holdings”), RAYONIER A.M. PRODUCTS INC., a Delaware corporation (“Products”), RAYONIER PERFORMANCE FIBERS, LLC, a Delaware limited liability company (“Performance Fibers”), the DESIGNATED BORROWERS party hereto from time to time, the SUBSIDIARY LOAN PARTIES party hereto from time to time, the LENDERS party hereto from time to time and BANK OF AMERICA, N.A., as administrative agent and collateral agent (in such capacities, the “Administrative Agent”) for the Lenders. From and after the Restatement Date (as defined below), certain subsidiaries of Holdings (from time to time party hereto as Guarantors) may be joined to this Agreement.

FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT

Credit Agreement • October 2nd, 2019 • Rayonier Advanced Materials Inc. • Plastic material, synth resin/rubber, cellulos (no glass) • New York

• Contract Type
  Credit Agreement
• Filed
  October 2nd, 2019
• Company
  Rayonier Advanced Materials Inc.
• Industry
  Plastic material, synth resin/rubber, cellulos (no glass)
• Jurisdiction
  New York

For the avoidance of doubt, (a) Swing Line Loans shall bear interest as Base Rate Loans, and (b) changes in the Applicable Margin resulting from a change in the Total Net Leverage Ratio, as calculated in a Compliance Certificate delivered pursuant to Section 6.04(cd), for any calendarfiscal quarter shall become effective as to all applicable Loans and Letter of Credit Fees on the first day of the next calendarfiscal quarter following delivery of such Compliance Certificate; provided, however, that if a Compliance Certificate is not delivered when due in accordance with such Section 6.04(cd), then Pricing Level I (as set forth in the applicable table above) shall apply from the first day of the next calendarfiscal quarter following the date on which such Compliance Certificate was due through the date on which such Compliance Certificate is delivered, after which the pricing level corresponding to the Total Net Leverage Ratio set forth in such Compliance Certificate shall apply; provide