LOAN AGREEMENT between ALLEGHENY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY, as Issuer and UNITED STATES STEEL CORPORATION $24,995,000 Allegheny County Industrial Development Authority Environmental Improvement Revenue Bonds, Series 2012 (United States...Loan Agreement • August 20th, 2012 • United States Steel Corp • Steel works, blast furnaces & rolling mills (coke ovens)
THIS LOAN AGREEMENT (this "Agreement") made and entered into as of August 1, 2012, by and between the ALLEGHENY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (the “Issuer”), a body corporate and politic and a public instrumentality of the Commonwealth of Pennsylvania (the “State”), duly incorporated and validly existing under and by virtue of the Economic Development Financing Law, Act of August 23, 1976, P.L. 251, as amended (the “Act”), and UNITED STATES STEEL CORPORATION, a corporation duly organized and existing under and pursuant to the laws of the State of Delaware, and duly qualified to own property and transact business in the State (the “Company”), under the following circumstances summarized in the following recitals (capitalized terms not defined in the recitals being used therein as defined in Article I):
