CREDIT AGREEMENT Dated as of May 14, 2003 among ASTEC INDUSTRIES, INC., ASTEC, INC., HEATEC, INC., CEI ENTERPRISES, INC., ASTEC SYSTEMS, INC., TELSMITH, INC., KOLBERG - PIONEER, INC., JOHNSON CRUSHERS INTERNATIONAL, INC., SUPERIOR INDUSTRIES OF...Credit Agreement • May 19th, 2003 • Astec Industries Inc • Construction machinery & equip • New York
ContractSubordinated Note • May 19th, 2003 • Astec Industries Inc • Construction machinery & equip • New York
THIS SUBORDINATED NOTE (THE "NOTE") AND THE INDEBTEDNESS EVIDENCED HEREBY HAVE BEEN SUBORDINATED TO CERTAIN OBLIGATIONS OF THE OBLIGORS (AS DEFINED BELOW) PURSUANT TO A SUBORDINATION AGREEMENT DATED THE DATE HEREOF, AMONG, INTER ALIA, THE HOLDER (AS DEFINED BELOW), GENERAL ELECTRIC CAPITAL CORPORATION, AS AGENT, AND THE OTHER PARTIES SIGNATORIES THEREOF, AS SUCH SUBORDINATION AGREEMENT MAY BE AMENDED FROM TIME TO TIME (THE "SUBORDINATION AGREEMENT"). PAYMENTS ON THIS NOTE BY THE OBLIGORS TO THE HOLDER MAY ONLY BE MADE IN ACCORDANCE WITH, AND SUBJECT TO, THE TERMS AND CONDITIONS OF THE SUBORDINATION AGREEMENT. ANY SALE, PLEDGE, TRANSFER, ASSIGNMENT OR OTHER HYPOTHECATION OF THIS NOTE BY THE HOLDER TO ANY PERSON OR ENTITY SHALL BE VOID AND INEFFECTIVE UNLESS SUCH TRANSFEREE OR ASSIGNEE AGREES TO BE BOUND BY THE TERMS AND CONDITIONS OF THE SUBORDINATION AGREEMENT IN THE MANNER PROVIDED FOR IN THE SUBORDINATION AGREEMENT.
CREDIT AGREEMENT Dated as of May 14, 2003 among BREAKER TECHNOLOGY LTD. as Borrower THE OTHER CREDIT PARTIES SIGNATORY HERETO as Credit Parties GENERAL ELECTRIC CAPITAL CANADA INC. as LenderCredit Agreement • May 19th, 2003 • Astec Industries Inc • Construction machinery & equip • Ontario
