CONSENT AND FOURTH AMENDMENT TO REVOLVING CREDIT AND SECURITY AGREEMENTSecurity Agreement • March 31st, 2023 • Williams Industrial Services Group Inc. • Heavy construction other than bldg const - contractors • New York
3.4. Fee Letter 801 3.5. Computation of Interest and Fees 801 3.6. Maximum Charges 81 3.7. Increased Costs 812 3.8. Alternate Rate of Interest; Interest Rate Inadequate or Unfair 823 3.9. Capital Adequacy. 90 3.10. Taxes. 901 3.11. Replacement of Lenders 945 IV. COLLATERAL: GENERAL TERMS 95 4.1. Security Interest in the Collateral 95 4.2. Perfection of Security Interest 956 4.3. Preservation of Collateral 967 4.4. Ownership and Location of Collateral. 967 4.5. Defense of Agent’s and Lenders’ Interests 978 4.6. Inspection of Premises 978 4.7. Appraisals 98 4.8. Receivables; Deposit Accounts and Securities Accounts. 989 4.9. Inventory 102 4.10. Maintenance of Equipment 102 4.11. Exculpation of Liability 1023 4.12. Financing Statements 1023 4.13. Investment Property Collateral. 1023 4.14. Provisions Regarding Certain Investment Property Collateral 1034 V. REPRESENTATIONS AND WARRANTIES. 1034 5.1. Authority 1034
THIRD AMENDMENT TO TERM LOAN, GUARANTEE AND SECURITY AGREEMENTGuarantee and Security Agreement • March 31st, 2023 • Williams Industrial Services Group Inc. • Heavy construction other than bldg const - contractors • New York
THIRD AMENDMENT TO TERM LOAN, GUARANTEE AND SECURITY AGREEMENT, dated as of January 9, 2023 (this “Amendment”), by and among Williams Industrial Services Group Inc., a Delaware corporation (“Holdings”), Williams Industrial Services Group, L.L.C., a Delaware limited liability company (“WISG”), Williams Industrial Services, LLC, a Georgia limited liability company (“WISI”), Williams Specialty Services, LLC, a Georgia limited liability company (“WSS”), Williams Plant Services, LLC, a Georgia limited liability company (“WPS”), Williams Global Services, Inc., a Georgia corporation (“Global”), Construction & Maintenance Professionals, LLC, a Georgia limited liability company (“Construction”, and together with Holdings, WISG, WISI, WSS, WPS, Global, Construction, each a “Borrower” and, collectively, “Borrower”), Global Power Professional Services Inc. a Delaware corporation (“Power”), GPEG, LLC, a Delaware limited liability company (“GPEG”), Steam Enterprises LLC, a Delaware limited liability
THIRD AMENDMENT TO REVOLVING CREDIT AND SECURITY AGREEMENTRevolving Credit and Security Agreement • March 31st, 2023 • Williams Industrial Services Group Inc. • Heavy construction other than bldg const - contractors • New York
Revolving Credit and Security Agreement, dated as of December 16, 2020, by and among WILLIAMS INDUSTRIAL SERVICES GROUP INC., a Delaware corporation (“Holdings”), WILLIAMS INDUSTRIAL SERVICES GROUP, L.L.C., a Delaware limited liability company (“WISG”), WILLIAMS INDUSTRIAL SERVICES, LLC, a Georgia limited liability company (“WISI”), WILLIAMS SPECIALTY SERVICES, LLC, a Georgia limited liability company (“WSS”), WILLIAMS PLANT SERVICES, LLC, a Georgia limited liability company (“WPS”), WILLIAMS GLOBAL SERVICES, INC., a Georgia corporation (“Global”), CONSTRUCTION & MAINTENANCE PROFESSIONALS, LLC, a Georgia limited liability company (“Construction”), WISG ELECTRICAL, LLC, a New York limited liability company (“Electrical”, and together with Holdings, WISG, WISI, WSS, WPS, Global, Construction, and each Person joined hereto as a Borrower from time to time, and all of their permitted successors and assigns, each, a “Borrower” and collectively, the “Borrowers”), GLOBAL POWER PROFESSIONAL SER
ContractWilliams Industrial Services Group Inc. • March 31st, 2023 • Heavy construction other than bldg const - contractors • New York
This instrument and the rights and obligations evidenced hereby are subordinate in the manner and to the extent set forth in that certain Subordination and Intercreditor Agreement (the “Term Subordination Agreement”) dated as of January 9, 2023 by and among Maker (as hereinafter defined), Williams Industrial Services Group, L.L.C., a Delaware limited liability company (“WISG”), Williams Industrial Services, LLC, a Georgia limited liability company (“WISI”), Williams Specialty Services, LLC, a Georgia limited liability company (“WSS”), Williams Plant Services, LLC, a Georgia limited liability company (“WPS”), Williams Global Services, Inc., a Georgia corporation (“Global”), Construction & Maintenance Professionals, LLC, a Georgia limited liability company (“Construction”, and together with Maker, WISG, WISI, WSS, WPS and Global, each a “Term Borrower” and, collectively, “Term Borrower”), Global Power Professional Services Inc. a Delaware corporation (“Power”), GPEG, LLC, a Delaware limi
FIFTH AMENDMENT TO TERM LOAN, GUARANTEE AND SECURITY AGREEMENTLoan, Guarantee and Security Agreement • March 31st, 2023 • Williams Industrial Services Group Inc. • Heavy construction other than bldg const - contractors • New York
FIFTH AMENDMENT TO TERM LOAN, GUARANTEE AND SECURITY AGREEMENT, dated as of March 31, 2023 (this “Amendment”), by and among Williams Industrial Services Group Inc., a Delaware corporation (“Holdings”), Williams Industrial Services Group, L.L.C., a Delaware limited liability company (“WISG”), Williams Industrial Services, LLC, a Georgia limited liability company (“WISI”), Williams Specialty Services, LLC, a Georgia limited liability company (“WSS”), Williams Plant Services, LLC, a Georgia limited liability company (“WPS”), Williams Global Services, Inc., a Georgia corporation (“Global”), Construction & Maintenance Professionals, LLC, a Georgia limited liability company (“Construction”, and together with Holdings, WISG, WISI, WSS, WPS, Global, Construction, each a “Borrower” and, collectively, “Borrower”), Global Power Professional Services Inc. a Delaware corporation (“Power”), GPEG, LLC, a Delaware limited liability company (“GPEG”), Steam Enterprises LLC, a Delaware limited liability
