FIRST AMENDED AND RESTATED INVENTORY AND ACCOUNTS SECURITY AGREEMENT By TRANSMONTAIGNE INC. as Borrower and THE GUARANTORS PARTY HERETO and UBS AG, STAMFORD BRANCH as Collateral AgentInventory and Accounts Security Agreement • July 22nd, 2003 • Transmontaigne Inc • Pipe lines (no natural gas) • New York
FIRST AMENDED AND RESTATED INVENTORY AND ACCOUNTS SECURITY AGREEMENT (the “Agreement”), dated as of June 25, 2003, made by TRANSMONTAIGNE INC., a Delaware corporation (the “Borrower”), and THE GUARANTORS LISTED ON THE SIGNATURE PAGES HERETO (the “Original Guarantors”) OR FROM TIME TO TIME PARTY HERETO BY EXECUTION OF A JOINDER AGREEMENT (the “Additional Guarantors” and, together with the “Original Guarantors”, the “Guarantors”), as pledgors, assignors and debtors (the Borrower, together with the Guarantors in such capacities and together with any successors in such capacities, the “Pledgors,” and each, a “Pledgor”), in favor of UBS AG, STAMFORD BRANCH, in its capacity as collateral agent pursuant to the Credit Agreement (as hereinafter defined), as pledgee, assignee and secured party (in such capacities and together with any successors in such capacities, the “Collateral Agent”).
