Document:

<PAGE>

                                                                    Exhibit 4(b)

THIS NOTE IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER
REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITORY OR A NOMINEE THEREOF.
UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR ONE OR MORE NOTES IN
CERTIFICATED FORM, THIS NOTE MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE
DEPOSITORY TRUST COMPANY, 55 WATER STREET, NEW YORK, NEW YORK, A NEW YORK
CORPORATION ("DTC"), TO A NOMINEE OF DTC OR BY A NOMINEE OF DTC TO DTC OR
ANOTHER NOMINEE OF DTC OR BY DTC OR ANY SUCH NOMINEE TO A SUCCESSOR TO DTC OR A
NOMINEE OF SUCH SUCCESSOR. UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER,
EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF
CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE
OF DTC (AND ANY PAYMENT MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL SINCE
THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

REGISTERED                                                      PRINCIPAL AMOUNT
No. 001                                                              $75,000,000

CUSIP:  02635KCR3                                            ISIN:  US02635KCR32

                                 GLOBAL SECURITY

                      AMERICAN GENERAL FINANCE CORPORATION
                    4.411% SENIOR NOTE DUE NOVEMBER 30, 2007

         AMERICAN GENERAL FINANCE CORPORATION, a corporation duly organized and
existing under the laws of the State of Indiana (the "Company", which term
includes any successor corporation under the Indenture referred to herein), for
value received, hereby promises to pay to CEDE & CO., or registered assigns, the
principal sum of SEVENTY-FIVE MILLION DOLLARS on November 30, 2007 (the
"Maturity Date") and to pay interest thereon from November 20, 2002, or from the
most recent Interest Payment Date (hereinafter defined) to which interest has
been paid or duly provided for, semiannually in arrears on May 30 and November
30 (each an "Interest

                                      -1-
<PAGE>

Payment Date") in each year commencing on May 30, 2003, and on the Maturity
Date, at the rate of 4.411% per annum, until the principal hereof is paid or
duly provided for.

         Interest payments on this Note will be computed on the basis of a
360-day year consisting of twelve 30-day months. If any date for the payment of
principal, premium, if any, or interest on this Note (each a "Payment Date")
falls on a day which is not a Business Day (as defined below), the principal,
premium, if any, or interest payable with respect to such Payment Date will be
paid on the next succeeding Business Day with the same force and effect as if
made on such Payment Date, and no interest shall accrue on the amount so payable
for the period from and after such Payment Date to such next succeeding Business
Day. "Business Day" means each Monday, Tuesday, Wednesday, Thursday and Friday
which is not a day on which banking institutions in the Borough of Manhattan,
The City of New York are authorized or obligated by law or executive order to
close.

         The interest so payable and punctually paid or duly provided for on any
Interest Payment Date will be paid to the Person in whose name this Note (or one
or more Predecessor Securities) is registered in the Security Register at the
close of business on the Regular Record Date for such interest payment, which
shall be the May 15 or November 15 (whether or not a Business Day), as the case
may be, next preceding such Interest Payment Date. Any such interest which is
payable, but is not punctually paid or duly provided for on any Interest Payment
Date (herein called "Defaulted Interest") shall forthwith cease to be payable to
the registered Holder on such Regular Record Date and may be paid to the Person
in whose name this Note (or one or more Predecessor Securities) is registered in
the Security Register at the close of business on a Special Record Date for the
payment of such Defaulted Interest to be fixed by the Trustee, notice whereof
shall be given to Holders of Notes not less than ten (10) days prior to such
Special Record Date, or may be paid at any time in any other lawful manner not
inconsistent with the requirements of any securities exchange on which the Notes
may be listed, and upon such notice as may be required by such exchange, all as
more fully provided in the Indenture.

         Payment of the principal, premium, if any, and interest on this Note
will be made in immediately available funds at the office or agency of the
Company maintained for such purpose in the Borough of Manhattan, The City of New
York, in such coin or currency of the United States of America as at the time of
payment is legal tender for payment of public and private debts.

         This 4.411% Senior Note due November 30, 2007 (the "Note") is one of a
duly authorized issue of senior debt securities (hereinafter called the
"Securities") of the Company, issued and to be issued in one or more series
under an Indenture dated as of May 1, 1999 (herein called the "Indenture")
between the Company and Citibank, N.A., as Trustee (herein called the "Trustee",
which term includes any successor trustee under the Indenture), to which
Indenture and all indentures supplemental thereto and the Officers' Certificate
setting forth the terms of this series of Securities reference is hereby made
for a statement of the respective rights, limitations of rights, duties and
immunities thereunder of the Company, the Trustee and the Holders, and the terms
upon which the Notes are, and are to be, authenticated and delivered.

                                      -2-
<PAGE>

         This Note is not subject to repayment, as a whole or in part, at the
option of the Holder prior to the Maturity Date. This Note is not subject to any
sinking fund.

         This Note may be redeemed in whole at any time or in part from time to
time, at the option of the Company, at a redemption price equal to the greater
of (i) 100% of the principal amount of this Note then outstanding to be
redeemed; or (ii) the sum of the present values of the remaining scheduled
payments of principal and interest on this Note corresponding to the principal
amount hereof to be redeemed (not including any portion of such payments of
interest accrued to the date of redemption) discounted to the date of redemption
on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day
months) at the applicable treasury rate (as defined in the Officers' Certificate
setting forth the terms of this Note) plus 20 basis points; plus, in each case,
accrued and unpaid interest on the principal amount of this Note being redeemed
to the redemption date.

         If an Event of Default with respect to the Notes shall occur and be
continuing, the principal of all the Notes may be declared due and payable in
the manner and with the effect and subject to the conditions provided in the
Indenture.

         Subject to certain exceptions, the Indenture permits the Company and
the Trustee to enter into one or more supplemental indentures, with the consent
of the Holders of a majority in aggregate principal amount of the Outstanding
Securities of each series to be affected by such supplemental indentures, for
the purpose of adding any provisions to or changing in any manner or eliminating
any of the provisions of the Indenture or of modifying in any manner the rights
of the Holders of Securities of such series. The Indenture also permits the
Holders of a majority in aggregate principal amount of the Outstanding
Securities of any series, on behalf of the Holders of all the Securities of such
series, to waive compliance by the Company with certain provisions of the
Indenture and certain past defaults under the Indenture and their consequences.
Any such consent or waiver by the Holder of this Note shall be conclusive and
binding upon such Holder and upon all future Holders of this Note and of any
Note issued upon the registration of transfer hereof or in exchange herefor or
in lieu hereof, whether or not notation of such consent or waiver is made upon
this Note.

         No reference herein to the Indenture and no provision of this Note or
of the Indenture shall alter or impair the obligation of the Company, which is
absolute and unconditional, to pay the principal of, premium, if any, and
interest on this Note at the times, places and rate, and in the coin or
currency, herein prescribed.

                                      -3-
<PAGE>

         As provided in the Indenture, and subject to certain limitations
therein set forth and on the first page hereof, the transfer of this Note may be
registered on the Security Register of the Company upon surrender of this Note
for registration of transfer at the office or agency of the Company maintained
for such purpose, duly endorsed by, or accompanied by a written instrument of
transfer in form satisfactory to the Company and the Security Registrar duly
executed by, the Holder hereof or by his attorney duly authorized in writing,
and thereupon one or more new Notes having the same terms as this Note, of
authorized denominations and for the same aggregate principal amount, will be
issued to the designated transferee or transferees.

         The Notes are issuable only in registered form without coupons in
denominations of $1,000 and any integral multiple thereof. As provided in the
Indenture, and subject to certain limitations therein or herein set forth, this
Note is exchangeable for a like aggregate principal amount of Notes of different
authorized denominations, having the same terms as this Note.

         If (i) DTC is at any time unwilling, unable or ineligible to continue
as depository and a successor depository is not appointed by the Company within
90 days, (ii) the Company executes and delivers to the Trustee a Company Order
to the effect that this Note shall be exchangeable or (iii) an Event of Default
has occurred and is continuing with respect to the Notes, this Note shall be
exchangeable for notes in definitive form of like tenor and of an equal
aggregate principal amount, in authorized denominations. Such definitive Notes
shall be registered in such name or names as DTC shall instruct the Trustee. If
definitive Notes are so delivered, the Company may make such changes to the form
of this Note as are necessary or appropriate to allow for the issuance of such
definitive Notes.

         No service charge will be made for any such registration of transfer or
exchange, but the Company may require payment of a sum sufficient to cover any
tax or other governmental charge payable in connection therewith.

         Prior to due presentment of this Note for registration of transfer, the
Company, the Trustee and any agent of the Company or the Trustee may treat the
Person in whose name this Note is registered in the Security Register as the
owner hereof for all purposes, whether or not any payment with respect to this
Note be overdue, and neither the Company, the Trustee nor any such agent shall
be affected by notice to the contrary.

         All capitalized terms used in this Note but not defined in this Note
which are defined in the Indenture shall have the meanings assigned to them in
the Indenture; and all references in the Indenture to "Security" or "Securities"
shall be deemed to include the Notes.

         THIS NOTE, INCLUDING THE VALIDITY HEREOF, AND THE INDENTURE SHALL BE
GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

         Unless the Certificate of Authentication hereon has been executed by or
on behalf of Citibank, N.A., the Trustee under the Indenture, or its successor
thereunder, by the manual signature of one

                                      -4-
<PAGE>

of its authorized officers, this Note shall not be entitled to any benefit under
the Indenture or be valid or obligatory for any purpose.

         IN WITNESS WHEREOF, the Company has caused this instrument to be duly
executed, manually or in facsimile, and its corporate seal or a facsimile
thereof to be imprinted hereon.

                                            AMERICAN GENERAL FINANCE CORPORATION

[Seal]

                                            By:
                                               ---------------------------------
                                                Bryan A. Binyon
                                                Vice President and Treasurer

                                            By:
                                               ---------------------------------
                                                David M. McManigal
                                                Assistant Treasurer

Date:    November 20, 2002

TRUSTEE'S CERTIFICATE OF AUTHENTICATION:
This is one of the Securities of the series
designated herein referred to in the within-
mentioned Indenture.

CITIBANK, N.A.,
 as Trustee

By:
   ---------------------------------
         Authorized Signatory

                                      -5-
<PAGE>

                                  ABBREVIATIONS

         The following abbreviations, when used in the inscription on the first
page of this instrument, shall be construed as though they were written out in
full according to applicable laws or regulations.

      UNIF GIFT MIN ACT --
                          ----------------------------------------------
                                             (Cust)
                 Custodian
                          ----------------------------------------
                                          (Minor)

                        Under Uniform Gifts to Minors Act

                    ----------------------------------------
                                     (State)

                TEN COM -- as tenants in common
                TEN ENT -- as tenants by the entireties
                JT TEN -- as joint tenants with right of survivorship and not as
                          tenants in common

Additional abbreviations may also be used though not in the above list.

                                      -6-
<PAGE>

                                                    ASSIGNMENT

                  FOR VALUE RECEIVED the undersigned hereby sell(s), assign(s)
         and transfer(s) unto

PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
|----------------------------|
|                            |
|----------------------------|---------------------------------------

---------------------------------------------------------------------
Please print or typewrite name and address including postal zip code and
telephone number of assignee

--------------------------------------------------------------------

the within Note and all rights thereunder, hereby irrevocably constituting and

appointing                                                          attorney to
          ---------------------------------------------------------

transfer said Note on the books of the Company, with full power of substitution

in the premises.

Dated:
      -----------------                      -----------------------------------
                                             NOTICE: The signature on this
                                             assignment must correspond with the
                                             name as written upon the face of
                                             the within instrument in every
                                             particular without alteration or
                                             enlargement or any change whatever.

                                      -7-exv4w15

 

EXHIBIT 4.15

October 4, 2002

U S Liquids Inc.

411 N. Sam Houston Pkwy. E.

Houston, TX 77060

Attention: Treasurer

     Re: Waiver and Consent

Ladies and Gentlemen:

     Please refer to the Second Amended and Restated Credit Agreement dated as
of February 3, 1999 (as amended, the “Credit Agreement”) among U S Liquids Inc.
(the “Company”), various financial institutions and Bank of America, N.A.
(formerly known as Bank of America National Trust and Savings Association), as
Agent. Capitalized terms used but not otherwise defined herein have the
respective meanings assigned thereto in the Credit Agreement.

     1.     Introduction.

     (a)  The Company has advised the Agent and the Banks that (i) Unmatured
Events of Default resulting from the resignation by Michael P. Lawlor from his
position as the Chairman of the Board and Chief Executive Officer of the
Company, which were previously waived by the Required Banks pursuant to a
waiver letter dated September 12, 2002, continue to exist; and (ii) an Event of
Default exists resulting from the failure of the Company to comply with Section
10.6.3 (Funded Debt to Adjusted EBITDA Ratio) of the Credit Agreement.

     (b)  The Company has advised the Agent and the Banks that (i) it plans to
purchase assets (the “Trinity Acquisition”) pursuant to the Purchase and Sale
of Assets Agreement dated as of [July 15, 2002] (the “Trinity Acquisition
Agreement”) among U S Liquids of LA., L.P., the Company, Trinity Storage
Services, L.P. (“Trinity”) and CCBS, INC. and (ii) US Liquids of Houston, LLC,
US Liquids of Dallas, LLC, and US Liquids of Central Texas, LLC plan to sell
various assets located in Houston, Dallas, and San Antonio, Texas (the “Texas
Assets”).

     2.     Waiver and Consent.

     (a)  At the Company’s request, and subject to the agreements of the Company
set forth herein, the Required Banks hereby waive through October 25, 2002 (i)
each of the Unmatured Events of Default described in Section 1(a) and (ii) the
Events of Default described in Section 1(a) so long as the Funded Debt to
Adjusted EBITDA Ratio is not greater than 3.70 to 1 at any time from the date
hereof through October 25, 2002 (collectively the “Waived Defaults”); provided
that this waiver shall terminate immediately upon (x) a breach of any of the
terms of this letter or (y) the occurrence of any other Event of Default or
Unmatured Event of Default under the Credit Agreement. Upon the termination or
expiration of this waiver, the Waived Defaults shall be deemed immediately
reinstated, and the Agent and the Banks may thereafter exercise their rights
and remedies under the Credit Agreement with respect thereto without further
notice.

 

 

     (b)  Notwithstanding any provision of the Credit Agreement to the contrary
but subject to the terms and conditions set forth in Section 3, the Required
Banks consent to:

		
	 	     (i) the use by the Company of up to $965,000 of the $2,150,000 in
proceeds received by the Company from the provider of the Company’s
business interruption insurance to pay (x) advances to Trinity (the
“Trinity Advances”) in an amount not exceeding $500,000 in a structure
acceptable to the Agent, pending the consummation or termination of the
Trinity Acquisition Agreement, and (y) not more than $465,000 for the
purchase of the building with the common street address of 1620 Bernheim
Lane, Louisville, Kentucky (the “Building”), in each case pursuant to
documentation acceptable to the Required Banks;

		
	 	     (ii) the proposed sale of the Texas Assets, so long as (x) the
documentation governing such sale is in form and substance acceptable to
the Required Banks, (y) the gross consideration paid by the purchaser in
connection with such sale is at least $15,000,000 and (z) the net
proceeds received by the Company in connection with such sale (the “Net
Texas Proceeds”) shall not be less than $11,500,000 (after deducting (1)
transaction costs not exceeding $175,000 in the aggregate, (2) amounts
paid in connection with non-assumed liabilities not exceeding $1,575,000
in the aggregate and (3) amounts reserved (the “Holdback Amounts”)
pursuant to the terms of the applicable purchase agreement (including a
working capital adjustment and various indemnity claims) not exceeding
$1,750,000 in the aggregate); and

		
	 	     (iii) the use of up to $2,500,000 of the Net Texas Proceeds (the
“Earmarked Amount”) to consummate the Trinity Acquisition.

     (c)  The property that was the subject matter of the Envirovac sale, which
was approved by the Required Lenders in February, 2002, shall be treated as
Specified Property for purposes of Section 10.11(c) of the Credit Agreement.
The annual permitted $500,000 sale basket of Section 10.11 shall reduced to
$200,000 for the 2002 calendar year.

     3.     Terms and Conditions of Waiver and Consent. In consideration of the
foregoing waivers and consents, the Company agrees with the Agent and the
Required Banks as follows:

     (a)  Limitation on Outstandings. During the period from the date hereof
through October 25, 2002, the Company shall not request, and the Banks shall
have no obligation to make (and the Issuing Bank shall have no obligation to
issue), any Loan or Letter of Credit if the Total Outstandings would exceed (i)
$93,047,000, if the weekly average of collections of accounts receivable by the
Company and its Subsidiaries for the period from September 27, 2002 to the last
Business Day of the week preceding any borrowing request is less than
$2,900,000, or (ii) otherwise, $92,547,000 (which amount in either case shall
exclude a Letter of Credit in the Stated Amount not exceeding $2,986,000, or an
increase not exceeding $2,986,000 in the Stated Amount of the existing Letter
of Credit, issued for the account of the Company for the benefit of Liberty
Mutual as contemplated by the letter dated September 3, 2002 from Liberty
Mutual to the Company), it being understood that under no circumstances shall
the Company be entitled to have Total Outstandings in excess of the then
Commitment Amount (including as it may have been reduced pursuant to the other
provisions of this letter and the Credit Agreement).

 

 

     (b)  Continued Employment of Financial Advisor. The Company will continue
to employ KPMG as its financial advisor.

     (c)  No Eurodollar Loans. Each outstanding Eurodollar Loan shall, on the
last day of the current Interest Period for such Eurodollar Loan, automatically
be converted to a Floating Rate Loan. From and after the date hereof, the
Company shall not have the right to borrow or continue, or to convert Floating
Rate Loans into, Eurodollar Loans. Notwithstanding any provision in the Credit
Agreement (including the concept of the Pricing Change Date), all Floating Rate
Loans shall bear interest from the date hereof at a per annum rate equal to the
Base Rate from time to time in effect plus 4.0%.

     (d)  Reduction of the Commitment Amount.

		
	 	     (i) The amount of insurance proceeds referred to in Section 2(b)(i)
in excess of $965,000 shall be applied, promptly upon the effectiveness
of this waiver pursuant to paragraph 4 hereof by the Company or any
Subsidiary, in compliance with the commitment reduction and prepayment
provisions contained in Sections 6.1 and 6.2 of the Credit Agreement as
if such proceeds were Net Cash Proceeds from an Asset Sale and, if
received on or prior to December 31, 2002, shall reduce the amount of the
reduction in the Commitment Amount required to be made on December 31,
2002 pursuant to Section 6.1(b)(i)(B) of the Credit Agreement on a
dollar-for-dollar basis.

		
	 	     (ii) The amount of Net Texas Proceeds (other than the Earmarked
Amount) in an amount not less than $9,000,000 shall be applied by the
Company upon receipt in compliance with the commitment reduction and
prepayment provisions contained in Sections 6.1 and 6.2 of the Credit
Agreement. Consistent therewith, none of this amount shall be credited
against the balance of the Commitment Amount reduction required pursuant
to Section 6.1(b)(i) on or before December 31, 2002.

		
	 	     (iii) If the Trinity Acquisition is not consummated on or prior to
October 31, 2002, the Earmarked Amount shall applied by the Company upon
receipt in compliance with the commitment reduction and prepayment
provisions contained in Section 6.2 of the Credit Agreement as if such
proceeds were Net Cash Proceeds from an Asset Sale, with such amount not
being applied against the balance of the $4,600,000 Commitment Amount
reduction required pursuant to Section 6.1(b)(i) on or before December
31, 2002.

		
	 	     (iv) Any portion of the Trinity Advances repaid to the Company shall
applied by the Company upon receipt in compliance with the commitment
reduction and prepayment provisions contained in Sections 6.1 and 6.2 of
the Credit Agreement as if such amounts were Net Cash Proceeds from an
Asset Sale and, if such amounts are applied on or prior to December 31,
2002, shall reduce the amount of the reduction in the Commitment Amount
required to be made on December 31, 2002 pursuant to Section 6.1(b)(i)(B)
of the Credit Agreement on a dollar-for-dollar basis.

		
	 	     (v) Any return of the Holdback Amount (including any increase in
such amount as a result of the actual application of a working capital
adjustment) shall be applied upon receipt by the Company in compliance
with the commitment reduction and

 

 

		
	 	prepayment provisions contained in Sections 6.1 and 6.2 of the
Credit Agreement as if such amounts were Net Cash Proceeds from an Asset
Sale.

     (e)  Collateral Matters. The Company shall take such actions as are
necessary, or as the Agent or the Required Banks may request, to ensure that
(i) the Agent has a perfected first-priority security interest or mortgage in
(x) all rights of the Company to receive repayment of the Trinity Advances, (y)
all assets (including real estate) purchased by the Company pursuant to the
Trinity Acquisition contemporaneously with the consummation of the Trinity
Acquisition and (z) the Building (and related real and personal property),
contemporaneously with the consummation of the Company’s acquisition of the
Building through the permitted use of $465,000 of the insurance proceeds, and
(ii) the Agent has a perfected first-priority security interest in any security
interest in Trinity’s assets granted to the Company in connection with the
Trinity Advances.

     4.     Effectiveness. This letter shall become effective upon receipt by the
Agent of (a) counterparts hereof (or facsimiles thereof) executed by the
Company and the Required Banks, (b) a confirmation of the Guarantors
substantially in the form of Exhibit A, (c) copies of insurance certificates
for all insurance coverage maintained by the Company and its Subsidiaries in
form and substance acceptable to the Agent, (d) copies of authorizing
resolutions of the Board of Directors of the Company and (e) evidence that the
Company has paid all fees and expenses of the Agent (including all attorneys’
fees and expenses) incurred on or prior to the date hereof.

     5.     Miscellaneous.

     (a)  This letter is limited to the matters specifically set forth herein
and shall not be deemed to constitute a waiver or consent with respect to any
other matter whatsoever. The Agent and the Banks hereby reserve all of their
rights, powers and remedies under the Credit Agreement and applicable law.

     (b)  This letter may be executed in counterparts and by the parties hereto
on separate counterparts.

     (c) This letter shall be governed by the laws of the State of Illinois
applicable to contracts made and to be performed entirely within such State.

 

 

     Please acknowledge the foregoing by signing a copy of this letter and
returning it to the Agent.

	 	 	 	 	 	 	 
	 	 	 	 	Very truly yours,
	 	 	 	 	 	 	 
	 	 	 	 	BANK OF AMERICA, N.A., as Agent
	 	 	 	 	 	 	 
	 	 	 	 	By:	 	 
	 	 	 	 	 	

	 	 	 	 	Title:	 	 
	 	 	 	 	 	

	 	 	 	 	 	 	 
	 	 	 	 	BANK OF AMERICA, N.A., as a Bank
	 	 	 	 	 	 	 
	 	 	 	 	By:	 	 
	 	 	 	 	 	

	 	 	 	 	Title:	 	 
	 	 	 	 	 	

	 	 	 	 	 	 	 
	 	 	 	 	FLEET NATIONAL BANK
	 	 	 	 	 	 	 
	 	 	 	 	By:	 	 
	 	 	 	 	 	

	 	 	 	 	Title:	 	 
	 	 	 	 	 	

	 	 	 	 	 	 	 
	 	 	 	 	BANK ONE, NA
	 	 	 	 	 	 	 
	 	 	 	 	By:	 	 
	 	 	 	 	 	

	 	 	 	 	Title:	 	 
	 	 	 	 	 	

	 	 	 	 	 	 	 
	 	 	 	 	THE BANK OF NOVA SCOTIA
	 	 	 	 	 	 	 
	 	 	 	 	By:	 	 
	 	 	 	 	 	

	 	 	 	 	Title:	 	 
	 	 	 	 	 	

	 	 	 	 	 	 	 
	 	 	 	 	UNION BANK OF CALIFORNIA
	 	 	 	 	 	 	 
	 	 	 	 	By:	 	 
	 	 	 	 	 	

	 	 	 	 	Title:	 	 
	 	 	 	 	 	

 

 

	 	 	 	 	 	 	 
	 	 	 	 	COMERICA BANK
	 	 	 	 	 	 	 
	 	 	 	 	By:	 	 
	 	 	 	 	 	

	 	 	 	 	Title:	 	 
	 	 	 	 	 	

	 	 	 	 	 	 	 
	 	 	 	 	WELLS FARGO BANK, N.A.
	 	 	 	 	By:	 	 
	 	 	 	 	 	

	 	 	 	 	Title:	 	 
	 	 	 	 	 	

	 	 	 	 	 	 	 
	 	 	 	 	BNP PARIBAS
	 	 	 	 	 	 	 
	 	 	 	 	By:	 	 
	 	 	 	 	 	

	 	 	 	 	Title:	 	 
	 	 	 	 	 	

	 	 	 	 	 	 	 
	 	 	 	 	By:	 	 
	 	 	 	 	 	

	 	 	 	 	Title:	 	 
	 	 	 	 	 	

	 	 	 	 	 	 	 
	
ACKNOWLEDGED
AND AGREED:	 	 	 	 
	 	 	 	 	 	 	 
	
U S LIQUIDS INC.	 	 	 	 
	 	 	 	 	 	 	 
	By:	 	 	 	 	 	 
	 	

	 	 	 	 
	Title:	 	 	 	 	 	 
	 	

	 	 	 	 

 

 

CONFIRMATION

Dated as of October 4, 2002

	 	 	 
	To:	 	
Bank of America, N.A., individually and as Administrative Agent,
and the other financial institutions party to the
Credit Agreement referred to below

     Please refer to the waiver and consent letter dated as of October      , 2002
(the “Waiver and Consent”) with respect to the Second Amended and Restated
Credit Agreement dated as of February 3, 1999 (as amended, the “Credit
Agreement”) among U S Liquids Inc., various financial institutions (the
“Banks”) and Bank of America, N.A. (formerly known as Bank of America National
Trust and Savings Association), as administrative agent (the “Administrative
Agent”).

     Each of the undersigned hereby confirms to the Administrative Agent and
the Banks that such undersigned has received a copy of the Waiver and Consent
and that, after giving effect to the Waiver and the transactions contemplated
thereby, each Loan Document to which such undersigned is a party continues in
full force and effect and is the legal, valid and binding obligation of such
undersigned, enforceable against such undersigned in accordance with its terms.

	 
	EARTH BLENDS, INC
	MBO, INC
	THE NATIONAL SOLVENT EXCHANGE CORP
	NORTHERN A-1 SANITATION SERVICES, INC
	PARALLEL PRODUCTS OF FLORIDA, INC
	PARALLEL PRODUCTS OF KENTUCKY, INC
	RE-CLAIM ENVIRONMENTAL LOUISIANA, L.L.C
	ROMIC ENVIRONMENTAL TECHNOLOGIES CORPORATION
	USL FIRST SOURCE, INC
	U S LIQUIDS OF HOUSTON, L.L.C
	U S LIQUIDS OF DALLAS, L.L.C
	U S LIQUIDS OF CENTRAL TEXAS, L.L.C
	U S LIQUIDS OF CONNECTICUT, INC
	U S LIQUIDS OF GREATER CHICAGO, INC
	U S LIQUIDS OF PENNSYLVANIA, INC
	U S LIQUIDS OF TEXAS, INC
	U S LIQUIDS LP HOLDING CO
	U S LIQUIDS NORTHEAST, INC
	U S LIQUIDS TERMINAL SERVICES, INC
	U S LIQUIDS OF DETROIT, INC
	U S LIQUIDS OF FLORIDA, INC

 

 

	 	 	 
	
USL ENVIRONMENTAL SERVICES, INC.
	
USL GENERAL MANAGEMENT, INC.
	
USL PARALLEL PRODUCTS OF CALIFORNIA
	
WASTE RESEARCH AND RECOVERY, INC.
	
WASTE STREAM ENVIRONMENTAL, INC.
	 	 	 
	By:	 	 
	 	

	Name:	 	 
	 	

	Title:	 	 
	 	

	 	 	 
	
U S LIQUIDS OF LA., L.P.
	 	 	 
	By:	 	
MBO, Inc., its General Partner
	 	 	 
	 	 	 
	By:	 	 
	 	

	Name:	 	 
	 	

	Title:	 	 
	 	

	 	 	 
	
USL MANAGEMENT LIMITED PARTNERSHIP
	 	 	 
	By:	 	
USL General Management, Inc., its General Partner
	 	 	 
	 	 	 
	By:	 	 
	 	

	Name:	 	 
	 	

	Title:	 	 
	 	

	 	 	 
	
GEM MANAGEMENT, INC.
	 	 	 
	By:	 	 
	 	 	

	Name:	 	 
	 	 	

	Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00045-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00045-of-00352.parquet"}]]