CREDIT AGREEMENT among WELLMAN, INC., AND THE OTHER BORROWERS NAMED HEREIN, Debtors and Debtors in Possession as Borrowers, with WELLMAN, INC., as Funds Administrator, THE LENDERS SIGNATORY HERETO FROM TIME TO TIME, as Lenders, and DEUTSCHE BANK TRUST...Credit Agreement • March 4th, 2008 • Wellman Inc • Plastic material, synth resin/rubber, cellulos (no glass) • New York
This Credit Agreement is dated as of February 26, 2008 and entered into 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”), PTA Resources, LLC, a Delaware limited liability company (“PTA Resources”) and Fiber Industries, Inc., a Delaware corporation (“Fiber” and, together with Wellman, Prince, Wellman Mississippi, Carpet, ALG, PTA and Resources, each individually referred to herein as a “Borrower” and collectively as “Borrowers” with Wellman acting in its capacity as Funds Administrator for Borrowers), as debtors and debtors in possession, each of the Lenders from time to time party hereto and Deutsche Bank Trust Company Americas, acting in its capacity as administrative agent (the “Administrative Agent”) and collateral agent (“Collateral
