WAIVER AND AMENDMENT NO. 1 TO SECOND AMENDED AND RESTATED CREDIT AGREEMENTCredit Agreement • August 23rd, 2007 • Ryerson Inc. • Wholesale-metals service centers & offices • New York
WAIVER AND AMENDMENT (this “Amendment”) dated as of August 22, 2007 to the Second Amended and Restated Credit Agreement dated as of January 26, 2007 (the “Credit Agreement”) among RYERSON INC., JOSEPH T. RYERSON & SON, INC., RYERSON CANADA, INC., the LENDERS party thereto, JPMORGAN CHASE BANK, N.A., as General Administrative Agent, Collateral Agent and Swingline Lender, JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, TORONTO BRANCH, as Canadian Administrative Agent, GENERAL ELECTRIC CAPITAL CORPORATION, as Syndication Agent and Co-Collateral Agent and BANK OF AMERICA, N.A., as Documentation Agent.
WAIVERWaiver • August 23rd, 2007 • Ryerson Inc. • Wholesale-metals service centers & offices
THIS WAIVER (this “Waiver”), dated as of August 22, 2007, is by and among RYERSON FUNDING LLC, a Delaware limited liability company (the “Borrower”), JOSEPH T. RYERSON & SON, INC., a Delaware corporation, as Servicer (the “Servicer”), RYERSON INC., a Delaware corporation (the “Parent”), the persons signatory hereto from time to time as originators (the “Originators”), the persons signatory hereto from time to time as conduit lenders (the “Conduit Lenders”), the persons signatory hereto from time to time as Committed Lenders (the “Committed Lenders and together with the Conduit Lenders, the “Lenders”), the persons signatory hereto from time to time as group agents (the “Group Agents”) and JPMORGAN CHASE BANK, N.A., as administrative agent for the Lenders (in such capacity, the “Administrative Agent”). Capitalized terms used herein and not otherwise defined herein shall have the meaning given to such terms in the Funding Agreement (as hereinafter defined).
