Exhibit 10.13c
ASSUMPTION AGREEMENT
ASSUMPTION AGREEMENT, dated as of September 21, 2007, made by
Equipment, Inc., a Texas corporation (the “ Additional
Grantor ”), in favor of Lehman Commercial Paper Inc.
(“ LCPI ”), as administrative agent for
(i) the banks and other financial institutions and entities
parties to the Second Lien Credit Agreement referred to below, and
(ii) the other Secured Parties (as defined in the Second Lien
Guarantee and Collateral Agreement (as hereinafter defined)). All
capitalized terms not defined herein shall have the meaning
ascribed to them in such Second Lien Credit Agreement.
W I T N E S S
E T H :
WHEREAS, Edgen Murray II, L.P., a Delaware limited partnership
(“ Holdings ”), Edgen Murray Co., a Nevada
corporation (which will merge with and into Edgen Murray
Corporation, a Nevada corporation, on the Closing Date) (the
“ Borrower ”), the several banks and other
financial institutions or entities from time to time parties
thereto, Lehman Brothers Inc. and Jefferies Finance LLC, as joint
lead arrangers and joint bookrunners, LCPI, as syndication agent
and as administrative agent, have entered into a Second Lien Credit
Agreement, dated as of May 11, 2007 (as amended, restated,
supplemented, replaced or otherwise modified from time to time, the
“ Second Lien Credit Agreement ”);
WHEREAS, in connection with the Second Lien Credit Agreement, the
Borrower, Edgen Murray LLC, a Delaware limited liability company,
Holdings and certain of its Subsidiaries (other than the Additional
Grantor) have entered into the Second Lien Guarantee and Collateral
Agreement, dated as of May
