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THIRD AMENDMENT TO REVOLVING CREDIT AND SECURITY AGREEMENT

Revolving Credit Agreement

THIRD AMENDMENT TO REVOLVING CREDIT AND SECURITY AGREEMENT | Document Parties: FOSTER L B CO | PNC BANK, NATIONAL ASSOCIATION | L. B. FOSTER COMPANY, | CXT INCORPORATED, | NATMAYA, INC., | FOSMART, INC. You are currently viewing:
This Revolving Credit Agreement involves

FOSTER L B CO | PNC BANK, NATIONAL ASSOCIATION | L. B. FOSTER COMPANY, | CXT INCORPORATED, | NATMAYA, INC., | FOSMART, INC.

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Title: THIRD AMENDMENT TO REVOLVING CREDIT AND SECURITY AGREEMENT
Governing Law: Pennsylvania     Date: 2/2/2005
Industry: Misc. Fabricated Products     Sector: Basic Materials

THIRD AMENDMENT TO REVOLVING CREDIT AND SECURITY AGREEMENT, Parties: foster l b co , pnc bank  national association , l. b. foster company  , cxt incorporated  , natmaya  inc.  , fosmart  inc.
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                                                                  Exhibit 4.0.5

 

 

 

 

 

 

                               THIRD AMENDMENT TO

 

                     REVOLVING CREDIT AND SECURITY AGREEMENT

 

                                  BY AND AMONG

 

                          PNC BANK, NATIONAL ASSOCIATION

                             (AS LENDER AND AGENT),

 

                                  THE LENDERS,

 

                                       AND

 

                              L. B. FOSTER COMPANY,

                                 CXT INCORPORATED,

                                 NATMAYA, INC.,

                                       AND

                                  FOSMART, INC.

                                   (BORROWERS)

 

 

 

 

 

                                 January 28, 2005

 

 

<PAGE>

 

 

           THIRD AMENDMENT TO REVOLVING CREDIT AND SECURITY AGREEMENT

 

 

         THIS THIRD AMENDMENT TO REVOLVING CREDIT AND SECURITY AGREEMENT (the

"Amendment") is made as of January 28, 2005, by and among L. B. FOSTER COMPANY,

a corporation organized under the laws of the State of Pennsylvania ("Foster"),

CXT INCORPORATED, a corporation organized under the laws of the State of

Delaware ("CXT"), NATMAYA, INC., a corporation organized under the laws of the

State of Delaware ("Natmaya"), and FOSMART, INC., a corporation organized under

the laws of the State of Delaware ("Fosmart") (each a "Borrower" and

collectively "Borrowers"), the financial institutions which are now or which

hereafter become a party hereto (collectively, the "Lenders" and individually a

"Lender") and PNC BANK, NATIONAL ASSOCIATION ("PNC"), as agent for Lenders (PNC,

in such capacity, the "Agent").

 

                              W I T N E S S E T H:

 

         WHEREAS, the Borrowers, the Lenders and Agent are parties to that

certain Revolving Credit and Security Agreement dated as of September 26, 2002,

as amended by a First Amendment thereto dated as of September 8, 2003, and a

Second Amendment thereto dated as of January 28, 2005 (as amended from time to

time, the "Agreement").

 

         WHEREAS, the Borrowers have requested the Lenders to extend the term of

the revolving credit facility under the Agreement.

 

         WHEREAS, the parties hereto desire to amend the terms of the Agreement

as provided for herein.

 

         NOW, THEREFORE, the parties hereto, in consideration of their mutual

covenants and agreements hereinafter set forth and intending to be legally bound

hereby, covenant and agree as follows:

 

1. Definitions.

 

                  Defined terms used herein shall have the meanings given to

them in the Agreement.

 

2. Section 13.1 of the Agreement is hereby amended and restated as follows:

 

         "13.1     Term.

 

         This Agreement, which shall inure to the benefit of and shall be

binding upon the respective successors and permitted assigns of each Borrower,

Agent and each Lender, shall become effective on the date hereof and shall

continue in full force and effect until April 8, 2006 (the "Term") unless sooner

terminated as herein provided. Borrowers may terminate this Agre


 
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