OLYMPIC STEEL, INC., OLYMPIC STEEL LAFAYETTE, INC., OLYMPIC STEEL MINNEAPOLIS, INC., OLYMPIC STEEL IOWA, INC., OLY STEEL WELDING, INC., OLY STEEL NC, INC., TINSLEY GROUP-PS&W, INC., and IS ACQUISITION, INC., as Borrowers LOAN AND SECURITY AGREEMENT...Loan and Security Agreement • July 7th, 2010 • Olympic Steel Inc • Wholesale-metals service centers & offices • Illinois
THIS LOAN AND SECURITY AGREEMENT is dated as of June 30, 2010, among OLYMPIC STEEL, INC., an Ohio corporation (“Olympic Steel”), OLYMPIC STEEL LAFAYETTE, INC., an Ohio corporation (“Olympic Lafayette”), OLYMPIC STEEL MINNEAPOLIS, INC., a Minnesota corporation (“Olympic Minneapolis”), OLYMPIC STEEL IOWA, INC., an Iowa corporation (“Olympic Iowa”), OLY STEEL WELDING, INC., a Michigan corporation (“Oly Welding”), OLY STEEL NC, INC., a Delaware corporation (“Oly NC”), TINSLEY GROUP-PS&W, INC., a North Carolina corporation (“Tinsley Group”), IS ACQUISITION, INC., an Ohio corporation (“IS Acquisition”, and together with Olympic Steel, Olympic Lafayette, Olympic Minneapolis, Olympic Iowa, Oly Welding, Oly NC and Tinsley Group, collectively, “Borrowers”), the financial institutions party to this Agreement from time to time as lenders (collectively, “Lenders”), and BANK OF AMERICA, N.A., a national banking association, as agent for the Lenders (together with its successors and assigns, “Agent”)
