Barzel Industries Inc. Watch

from 10-Q 14 pages Amendment No. 3 Dated as of July 17, 2009 (This “Amendment”), to the Credit Agreement Dated as of November 15, 2007, Among Barzel Industries Inc. (Formerly Known as Novamerican Steel Inc. and Symmetry Holdings Inc.), a Delaware Corporation (“Parent”), Barzel Finco Inc. (Formerly Known as Novamerican Steel Finco Inc.), a Delaware Corporation (“US Borrower”), Barzel Industries Canada Inc. (Formerly Known as Novamerican Steel Canada Inc. and Novamerican Steel Inc.), a Canadian Corporation (“Canadian Borrower”), the Lenders Party Thereto, Jpmorgan Chase Bank, N.A., as Administrative Agent, Jpmorgan Chase Bank, N.A., Toronto Branch, as Canadian Agent, and Cit Business Credit Canada Inc. and the Cit Group/Business Credit, Inc., as Syndication Agents (The “Credit Agreement”). Whereas, the Parties Wish to Amend the Credit Agreement as Provided Herein; Now, Therefore, in Consideration of the Above Premises and Other Good and Valuable Consideration, the Receipt and Sufficiency of Which Are Hereby Acknowledged, the Parties Hereto Hereby Agree as Follows: Section 1. Defined Terms. Each Capitalized Term Used and Not Defined Herein, Including in the Recitals Hereto, Shall Have the Meaning Assigned to It in the Credit Agreement. Section 2. Amendments of the Loan Documents. Effective as of the Amendment Effective Date (As Defined Below): (A) Section 1.01 of the Credit Agreement Shall Be Amended by Amending the Definition of “Availability Block” to Replace the Reference Therein to “US$7,500,000” With a Reference to “US$1,500,000”. (B) Section 9.20(a)(i) of the Credit Agreement Is Amended by Replacing the Phrase “Concentration Accounts Maintained With the Administrative Agent” With the Phrase “Concentration Accounts Maintained in the Name of the Administrative Agent”

from 10-Q 21 pages Amendment No. 2 Dated as of June 1, 2009 (This “Amendment”), to the Credit Agreement Dated as of November 15, 2007, Among Barzel Industries Inc. (Formerly Known as Novamerican Steel Inc. and Symmetry Holdings Inc.), a Delaware Corporation (“Parent”), Barzel Finco Inc. (Formerly Known as Novamerican Steel Finco Inc.), a Delaware Corporation (“US Borrower”), Barzel Industries Canada Inc. (Formerly Known as Novamerican Steel Canada Inc. and Novamerican Steel Inc.), a Canadian Corporation (“Canadian Borrower”), the Lenders Party Thereto, Jpmorgan Chase Bank, N.A., as Administrative Agent, Jpmorgan Chase Bank, N.A., Toronto Branch, as Canadian Agent, and Cit Business Credit Canada Inc. and the Cit Group/Business Credit, Inc., as Syndication Agents (The “Credit Agreement”). Whereas, Parent Wishes to Terminate the Revolving Commitments of Each Lender Other Than Jpmorgan Chase Bank, N.A. (“Jpmcb”) and Reduce the Revolving Commitment of Jpmcb to US$20,000,000 and Jpmcb Is Willing to Continue Its Revolving Commitment at Such Reduced Level; Whereas, Cibc Inc. (“Cibc”) Wishes to Become a Lender and Jpmcb Is Willing to Assign to Cibc One-Third of Its Revolving Commitment; Whereas, in Connection Therewith the Parties Wish to Amend the Credit Agreement as Provided Herein; Now, Therefore, in Consideration of the Above Premises and Other Good and Valuable Consideration, the Receipt and Sufficiency of Which Are Hereby Acknowledged, the Parties Hereto Hereby Agree as Follows: Section 1. Defined Terms. Each Capitalized Term Used and Not Defined Herein, Including in the Recitals Hereto, Shall Have the Meaning Assigned to It in the Credit Agreement

from 10-K ~20 pages Amendment No. 1 Dated as of December 14, 2007 (This “Amendment”), to the Credit Agreement Dated as of November 15, 2007, Among Novamerican Steel Inc. (Formerly Known as Symmetry Holdings Inc.), a Delaware Corporation (“Parent”), Novamerican Steel Finco Inc., Novamerican Steel Canada Inc. (Formerly Known as Novamerican Steel Inc.), a Canadian Corporation (“Canadian Borrower”) the Lenders Party Thereto, Jpmorgan Chase Bank, N.A., as Administrative Agent, Jpmorgan Chase Bank, N.A., Toronto Branch, as Canadian Agent, and Cit Business Credit Canada Inc. and the Cit Group/Business Credit, Inc., as Syndication Agents

from 8-K 47 pages This Collateral Agreement Is Subject to the Provisions of the Lien Subordination and Intercreditor Agreement of Even Date Herewith Among Symmetry Holdings Inc., Novamerican Steel Finco Inc., Novamerican Steel Inc., Other Subsidiaries of Symmetry Holdings Inc. Identified Therein, Jpmorgan Chase Bank, N.A., as the Administrative Agent Under the Credit Agreement, and the Bank of New York, as Collateral Agent, as More Fully Set Forth in Section 6.15 Hereof

from 8-K 46 pages On the Date Hereof, Symmetry, the Borrowers, the Initial Revolving Credit Lenders and the Revolving Credit Agent Are Entering Into the Revolving Credit Agreement, Under Which the Revolving Credit Lenders Are Agreeing, Upon the Terms and Subject to the Conditions Set Forth Therein, to Extend Credit to the Borrowers. the Revolving Credit Obligations Will Be Guaranteed by the Revolving Credit Loan Parties and Secured by Liens on the Revolving Credit Collateral as Provided in the Revolving Credit Collateral Documents

from 8-K 48 pages This Guarantee and Collateral Agreement Is Subject to the Provisions of the Lien Subordination and Intercreditor Agreement of Even Date Herewith Among Symmetry Holdings Inc., Novamerican Steel Finco Inc., Novamerican Steel Inc., Other Subsidiaries of Symmetry Holdings Inc. Identified Therein, Jpmorgan Chase Bank, N.A., as the Administrative Agent, and the Bank of New York, as Collateral Agent Under the Senior Notes Documents, as More Fully Set Forth in Section 7.16 Hereof

from 8-K 168 pages Credit Agreement Dated as of November 15, 2007 Among Symmetry Holdings Inc. Novamerican Steel Finco Inc. 632421 N.B. Ltd (To Become Novamerican Steel Inc. on the Effective Date) the Lenders Party Hereto Cit Business Credit Canada Inc., and the Cit Group/Business Credit, Inc. as Syndication Agents Jpmorgan Chase Bank, N.A., as Administrative Agent and Jpmorgan Chase Bank, N.A., Toronto Branch, as Canadian Agent Bank of America, N.A., the Bank of Nova Scotia, and General Electric Capital Corporation, as Co-Documentation Agents J.P. Morgan Securities Inc. Cibc World Markets Corp. as Joint Lead Arranger and as Joint Lead Arranger and Joint Bookrunner Joint Bookrunner

from DEF 14A 41 pages Jpmorgan Chase Bank, N.A. J.P. Morgan Securities Inc. 270 Park Avenue New York, New York 10017 Cibc Inc. Cibc World Markets Corp. 300 Madison Avenue New York, New York 10017 USA Cit Business Credit Canada Inc. 207 Queen’s Quay West Suite 700 M5j 1a7 Toronto, Ontario Canada

from PRER14A 41 pages Jpmorgan Chase Bank, N.A. J.P. Morgan Securities Inc. 270 Park Avenue New York, New York 10017 Cibc Inc. Cibc World Markets Corp. 300 Madison Avenue New York, New York 10017 USA Cit Business Credit Canada Inc. 207 Queen’s Quay West Suite 700 M5j 1a7 Toronto, Ontario Canada

from 10-Q 41 pages Jpmorgan Chase Bank, N.A. J.P. Morgan Securities Inc. 270 Park Avenue New York, New York 10017 Cibc Inc. Cibc World Markets Corp. 300 Madison Avenue New York, New York 10017 USA Cit Business Credit Canada Inc. 207 Queen’s Quay West Suite 700 M5j 1a7 Toronto, Ontario Canada

from SC 13D/A 44 pages Jpmorgan Chase Bank, N.A. J.P. Morgan Securities Inc. 270 Park Avenue New York, New York 10017 Cibc Inc. Cibc World Markets Corp. 300 Madison Avenue New York, New York 10017 USA Cit Business Credit Canada Inc. 207 Queen’s Quay West Suite 700 M5j 1a7 Toronto, Ontario Canada

from SC 13D 44 pages Project Lone Star US$175,000,000 Senior Secured Credit Facility US$325,000,000 Senior Bridge Facility Commitment Letter