FIFTEENTH WAIVER TO DEBTOR-IN-POSSESSION CREDIT AND SECURITY AGREEMENTDebtor-in-Possession Credit and Security Agreement • April 15th, 2008 • Pope & Talbot Inc /De/ • Pulp mills
FIFTEENTH WAIVER, dated as of April 11, 2008 (this “Waiver”), to the Debtor-in-Possession Credit and Security Agreement, dated as of November 19, 2007, as amended by the First Amendment and Waiver dated as of December 20, 2007, as amended by the Second Amendment dated as of February 14, 2008, as amended by the Third Amendment dated as of February 26, 2008 and as further amended by the Fourth Amendment dated as of April 3, 2008, to the Debtor-in-Possession Credit and Security Agreement (as heretofore amended or otherwise modified, the “Credit Agreement”), by and among POPE & TALBOT, INC., a Delaware corporation, as a debtor and debtor-in-possession under the US Bankruptcy Code and as a debtor company under the CCAA (the “Parent”), POPE & TALBOT LTD., a Canadian corporation, as a debtor and debtor-in-possession under the US Bankruptcy Code, and as a debtor company under the CCAA (the “Borrower”), the Guarantors set forth on the signature pages thereto, the several banks and other financi
