Exhibit 10.14a
INTERCREDITOR JOINDER
The undersigned, EQUIPMENT, INC., a company incorporated in Texas,
hereby agrees to become party as a Term Guarantor and a Revolving
Guarantor under the Intercreditor Agreement dated as of
May 11, 2007 (as amended, restated, supplemented or otherwise
modified from time to time, the “ Intercreditor
Agreement ”), by and among (1) EDGEN MERGER CO., a
Nevada corporation (the “ US Term Borrower ”)
which will be merged with and into the US Borrower (as defined
below) upon closing of the transactions contemplated by the Term
Loan Credit Agreements (as defined below), (2) EDGEN MURRAY
CAYMAN CORPORATION, a Cayman Islands exempted company (the “
Cayman Term Borrower ”), (3) EDGEN MURRAY CANADA
INC., an Alberta company (the “ Canadian Revolving
Borrower ”), (4) EDGEN MURRAY CORPORATION, a Nevada
corporation (the “ US Borrower ”),
(5) EDGEN MURRAY EUROPE LIMITED, a company organized under the
laws of England and Wales, (the “ UK Revolving
Borrower ” and together with the US Borrower, the US Term
Borrower, the Cayman Term Borrower and the Canadian Revolving
Borrower, collectively, the “ Borrowers ”),
(6) EDGEN MURRAY II, L.P., a Delaware limited partnership
(“ Holdings ”) , (7) Holdings and
certain subsidiaries of Holdings as guarantors pursuant to the
First Lien Term Loan Credit Agreement (as defined below), which
subsidiaries include the U.K. Revolving Borrower in its capacity as
a guarantor of the Term Loan Obligations (as defined below) (the
“ First Lien Term Guarantors ”) and the Second
Lien Term Loan Credit Agreement (as defined below) (the “
Second Lien Term Guarantors ” together with the First
Lien Term Guarantors, the “ Term Guarantors ”),
(8) Holdings and certain subsidiaries of Holdings as
guarantors pursuant to the Revolving Credit Agreement (as defined
below), which subsidiaries include the Cayman Term Borrower in its
capacity as a guarantor of the Revolving Credit Obligations (as
defined below) (the “ Revolving Guarantors ”,
together with the Term Guarantors, the “ Subsidiary
Guarantors ”, and, together with Holdings, the “
Guarantors ”), (9) JPMORGAN CHASE BANK, N.A., in
its capacity as collateral agent for the Revolving Credit
Obligations (“ U.S. Revolving Collateral Agent
”), (10) JPMORGAN CHASE BANK, N.A., TORONTO BRANCH as
Canadian collateral agent for the Revolving Credit Obligations
(“ Canadian Revolving Collateral Agent ”),
(11) J.P. MORGAN EUROPE LIMITED, as U.K. collateral agent for
the Revolving Credit Obligations (“ U.K. Revolving
Collateral Agent ”, and together with U.
