Exhibit 10.11g
LOAN PARTY JOINDER AGREEMENT
THIS LOAN PARTY JOINDER AGREEMENT (this “
Agreement ”), dated as of September 21,
2007, is entered into between EQUIPMENT VALVE & SUPPLY,
INC. , a Texas corporation (the “ New
Subsidiary ”), and JPMORGAN CHASE BANK, N.A. ,
in its capacity as administrative agent (the “
Administrative Agent ”), under that certain
Credit Agreement, dated as of May 11, 2007, among EDGEN
MURRAY CORPORATION , a Nevada corporation, EDGEN MURRAY
CANADA INC. , an Alberta corporation, EDGEN MURRAY EUROPE
LIMITED , a limited company incorporated under the laws of
England and Wales with registered number 01241058 (the “
Borrowers ”), the other Loan Parties party
thereto, the Lenders party thereto and the Administrative Agent (as
the same may be amended, modified, extended or restated from time
to time, the “ Credit Agreement ”). All
capitalized terms used herein and not otherwise defined shall have
the meanings set forth in the Credit Agreement.
The New Subsidiary and the Administrative Agent, for the benefit of
the Lenders, hereby agree as follows:
1. The New
Subsidiary hereby acknowledges, agrees and confirms that, by its
execution of this Agreement, the New Subsidiary will be deemed to
be a Loan Party under the Credit Agreement and a “Loan
Guarantor” for all purposes of the Credit Agreement and shall
have all of the obligations of a Loan Party and a Loan Guarantor
thereunder as if it had executed the Credit Agreement. The New
Subsidiary hereby ratifies, as of the date hereof, and agrees to be
bound by, all of the terms, provisions and conditions contained in
the Credit Agreement, including without limitation (a) all of
the representations and warranties of the Loan Parties set forth in
Article III of the Credit Agreement, (b) all of the
coven