LIMITED WAIVER AND MODIFICATION AGREEMENTLimited Waiver and Modification Agreement • May 15th, 2009 • American Biltrite Inc • Plastics products, nec • Massachusetts
This LIMITED WAIVER AND MODIFICATION AGREEMENT (this “Limited Waiver”) to the Credit Agreement referred to below is made as of May 15, 2009, by and among American Biltrite Inc., a Delaware corporation (the “Company”), K&M Associates L.P., a Rhode Island limited partnership (“K&M” and together with the Company, the “Domestic Borrowers”), American Biltrite (Canada) Ltd., a corporation governed by the Canada Business Corporations Act (the “Canadian Borrower” and together with the Domestic Borrowers, the “Borrowers”), the lenders hereto (collectively, the “Lenders”), Bank of America, N.A., as the domestic administrative agent (the “Domestic Agent”), and Bank of America, N.A., acting through its Canada Branch, as the Canadian administrative agent (the “Canadian Agent” and together with the Domestic Agent, the “Agents”).
