SEC Contract Filing

Filing Date: 2015-03-02

Document Content:
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>4
<FILENAME>a20141231q4ex103.htm
<DESCRIPTION>SECOND AMENDMENT TO LOAN AND SECURITY AGREEMENT
<TEXT>
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<a name="sE418B09E8D9D31A8DF9B5BF29DFAFE13"></a><div><div style="line-height:120%;text-align:right;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">EXHIBIT 10.3</font></div></div><br><div style="line-height:120%;padding-bottom:32px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">SECOND AMENDMENT <br>TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:96px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">THIS SECOND AMENDMENT TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (this "</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Amendment</font><font style="font-family:inherit;font-size:12pt;">") is entered into as of January 15, 2014, by and among the Lenders party hereto, WELLS FARGO CAPITAL FINANCE, LLC, a Delaware limited liability company, as the agent for the Lenders (in such capacity, "</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Agent</font><font style="font-family:inherit;font-size:12pt;">"), CENTURY ALUMINUM COMPANY, a Delaware corporation ("</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Century</font><font style="font-family:inherit;font-size:12pt;">"), BERKELEY ALUMINUM, INC., a Delaware corporation ("</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Berkeley Aluminum</font><font style="font-family:inherit;font-size:12pt;">"), CENTURY ALUMINUM OF WEST VIRGINIA, INC., a Delaware corporation ("</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Century West Virginia</font><font style="font-family:inherit;font-size:12pt;">"), CENTURY ALUMINUM OF KENTUCKY GENERAL PARTNERSHIP, a Kentucky general partnership ("</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Century of Kentucky GP</font><font style="font-family:inherit;font-size:12pt;">"), NSA GENERAL PARTNERSHIP, a Kentucky general partnership ("</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">NSA</font><font style="font-family:inherit;font-size:12pt;">"), and CENTURY ALUMINUM SEBREE LLC, a Delaware limited liability company ("</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Century Sebree</font><font style="font-family:inherit;font-size:12pt;">"; and together with Century, Berkeley Aluminum, Century West Virginia, Century of Kentucky GP and NSA, each a "</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Borrower</font><font style="font-family:inherit;font-size:12pt;">" and collectively the "</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Borrowers</font><font style="font-family:inherit;font-size:12pt;">"). </font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:96px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">WHEREAS, Borrowers, Agent, and Lenders are parties to that certain Amended and Restated Loan and Security Agreement dated as of May 24, 2013 (as amended, modified or supplemented from time to time, the "</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Loan Agreement</font><font style="font-family:inherit;font-size:12pt;">");</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:96px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">WHEREAS, Borrowers, Agent and Lenders have agreed to amend the Loan Agreement in certain respects, subject to the terms and conditions contained herein.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:96px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">NOW THEREFORE, in consideration of the premises and mutual agreements herein contained, the parties hereto agree as follows:</font></div><div style="line-height:120%;padding-left:0px;padding-bottom:12px;text-align:justify;text-indent:96px;"><font style="padding-bottom:12px;text-align:justify;font-family:inherit;font-size:12pt;padding-right:48px;">1.</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Defined Terms</font><font style="font-family:inherit;font-size:12pt;">. Unless otherwise defined herein, capitalized terms used herein shall have the meanings ascribed to such terms in the Loan Agreement.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:96px;font-size:12.5pt;"><font style="font-family:inherit;font-size:12.5pt;">2.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Amendments to Loan Agreement</font><font style="font-family:inherit;font-size:12pt;">. Subject to the satisfaction of the conditions set forth in </font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Section 4</font><font style="font-family:inherit;font-size:12pt;">&#32;below and in reliance upon the representations and warranties of Borrowers set forth in </font><font style="font-family:inherit;font-size:12pt;text-decoration:underline;">Section 5</font><font style="font-family:inherit;font-size:12pt;">&#32;below, the Loan Agreement is amended as follows: </font></div><div style="line-height:120%;pad