CREDIT AGREEMENT dated as of November 4, 2009 among TREX COMPANY, INC., as Borrower, The Lenders Listed Herein and BRANCH BANKING AND TRUST COMPANY, as Administrative Agent and Letter of Credit Issuer and BB&T CAPITAL MARKETS, as Lead ArrangerCredit Agreement • November 6th, 2009 • Trex Co Inc • Lumber & wood products (no furniture) • Virginia
THIS CREDIT AGREEMENT is dated as of November 4, 2009, among TREX COMPANY, INC., a Delaware corporation, as borrower; the LENDERS listed on the signature pages hereof; BRANCH BANKING AND TRUST COMPANY, as Administrative Agent and Letter of Credit Issuer; and BB&T CAPITAL MARKETS, as Lead Arranger.
AMENDED AND RESTATED SECURITY AGREEMENTSecurity Agreement • November 6th, 2009 • Trex Co Inc • Lumber & wood products (no furniture) • Virginia
THIS AMENDED AND RESTATED SECURITY AGREEMENT (this “Security Agreement”) is dated as of the 4th day of November, 2009, by and among TREX COMPANY, INC., a Delaware corporation (the “Borrower”); each additional entity that hereafter becomes a party to the Credit Agreement (as hereinafter defined) as a Guarantor (as defined in the Credit Agreement) pursuant to Section 5.24 thereto (together with the Borrower, individually or collectively as the context may require, the “Debtor”); and BRANCH BANKING AND TRUST COMPANY, a North Carolina banking corporation, as Collateral Agent for the Secured Parties (as hereinafter defined) (together with its successors and assigns, and any successor Collateral Agent under the Credit Agreement, the “Collateral Agent”).
REVOLVER NOTERevolver Note • November 6th, 2009 • Trex Co Inc • Lumber & wood products (no furniture)
This Note is one of the Revolver Notes referred to in the Credit Agreement dated as of November 4, 2009 (as amended, restated, replaced or otherwise modified from time to time, the “Credit Agreement”), among the Borrower, the lenders listed on the signature pages thereof and their successors and assigns, Branch Banking and Trust Company, as a Lender, Letter of Credit Issuer and as Administrative Agent, and BB&T Capital Markets, as Lead Arranger. Terms defined in the Credit Agreement are used herein with the same meanings. Reference is made to the Credit Agreement for provisions for the prepayment and the repayment hereof and the acceleration of the maturity hereof.
REDUCING REVOLVER NOTEReducing Revolver Note • November 6th, 2009 • Trex Co Inc • Lumber & wood products (no furniture)
This Note is one of the Reducing Revolver Notes referred to in the Credit Agreement dated as of November 4, 2009 (as amended, restated, replaced or otherwise modified from time to time, the “Credit Agreement”), among the Borrower, the lenders listed on the signature pages thereof and their successors and assigns, Branch Banking and Trust Company, as a Lender, Letter of Credit Issuer and as Administrative Agent, and BB&T Capital Markets, as Lead Arranger. Terms defined in the Credit Agreement are used herein with the same meanings. Reference is made to the Credit Agreement for provisions for the prepayment and the repayment hereof and the acceleration of the maturity hereof.
SWING ADVANCE NOTESwing Advance Note • November 6th, 2009 • Trex Co Inc • Lumber & wood products (no furniture)
This Note is the Swing Advance Note referred to in the Credit Agreement dated as of November 4, 2009 (as amended, restated, replaced or otherwise modified from time to time, the “Credit Agreement”), among the Borrower, the lenders listed on the signature pages thereof and their successors and assigns, Branch Banking and Trust Company, as a Lender, Letter of Credit Issuer and Administrative Agent, and BB&T Capital Markets, as Lead Arranger. Terms defined in the Credit Agreement are used herein with the same meanings. Reference is made to the Credit Agreement for provisions for the prepayment and the repayment hereof and the acceleration of the maturity hereof.
This Instrument Prepared By And After Recording Return To: Aileen S. Thomas Watkins Ludlam Winter & Stennis, P.A. Jackson, MS 39205-0427Deed of Trust • November 6th, 2009 • Trex Co Inc • Lumber & wood products (no furniture)
