Exhibit 10.13d
ASSUMPTION AGREEMENT
ASSUMPTION AGREEMENT, dated as of September 21, 2007, made by
Equipment Valve & Supply, 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&nb