FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENTCredit Agreement • October 26th, 2006 • Wellman Inc • Plastic material, synth resin/rubber, cellulos (no glass)
Contract Type FiledOctober 26th, 2006 Company IndustryTHIS FIRST AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT, dated as of October 20, 2006 (this “Agreement”), is made by and among Wellman, Inc., a Delaware corporation (“Wellman”), Prince, Inc., a Delaware corporation (“Prince”), Wellman of Mississippi, Inc., a Delaware corporation (“Wellman Mississippi”), Carpet Recycling of Georgia, Inc., a Georgia corporation (“Carpet”), ALG, Inc., a Delaware corporation (“ALG”), PermaClear East Incorporated, a Delaware corporation (“PermaClear”), PTA Resources, LLC, a Delaware limited liability company (“PTA Resources”), Wellman Resins, LLC, a Delaware limited liability company (“Resins”) and Fiber Industries, Inc., a Delaware corporation (“Fiber” and, together with Wellman, Prince, Wellman Mississippi, Carpet, ALG, PermaClear, PTA Resources and Resins, each individually referred to herein as a “Borrower” and collectively as “Borrowers” with Wellman acting in its capacity as Funds Administrator for the Borrowers), each of the undersigned Lenders