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~.J. If arty Credit provides the[ paymmr is ro be made by aalr bank, other issues or cortespondent, you shall not be mponsible for
<br />the failure of any of [he documents specified in any Credit to come into your possession or for any delay in connation therewith, and our obliga~
<br />Lion to make reimbursement shall not be affected by such failure or delay in Ne receiDr by You of any sue6 doommu
<br />a.a. We apse that arry action ukm by you, or any action ukm by any bask or other issuer or eortespoadent under or io eomeetion
<br />with any Credit. the Collateral and any documents, drafts or aeceptaaco therevades, shall, notwithstanding any judgemm[ or inswctions we
<br />may or may oor express ro the contrary or iawnaittm[ Herewith, be tonUwive and binding oo w and shall not owes any molting liability to
<br />you, esttpt for your own willful misconduct or Gross negliGenca In furtheraam thereof, you shall have the fWl and sole right and authori[y [o:
<br />(al clear and resolve any questions of non-comDtiance of documenn: (b) pse atry imwetiom u to aceepunee or rejection of my documents
<br />or goods; (c) aecu[e any and all applica[iom for steamship or airway guaranties, iademniues or deGvesy ordm; (d) gran[ any etiensions of the
<br />maruriry of, time of paymen[ for, or time of p[esenution of, any drafts, acceptances, or documents; and (e) apse to any amendments, renewals,
<br />extensions, madifio[ions, chusges or oaalladons of any of the terms or wnditions of arty of the applies[ions, Credits, or documents. drafts
<br />or amepnnces thereunder or any lestm of credit included in the Collateral: all in your sole Hama and ray bank or ether isuun or tormpondmt
<br />:hall be eotidM to comply with and honor any and W such documenu or ias[ruments aeeutsd by or received solely from you, ill wirhom any
<br />notice to or a~ consent from us.
<br />a.7. Without your eapress consent and eadonemeae in vrtiting, we apse ram to: U) approve or resolve atry quesGOns of non{omP~attee
<br />of daumen[s; (b) give anY ias[ruaions as m aecepranee or eejecion of any documents or `Dods; (e) exaute arty and all appliudans for steamship
<br />or airway guaranties, indemnjHes or delivery orders; (d) pant any exrmsiom of the ma[ttrity of, time of payment for, or time of presenution
<br />of, my dra[u, aueptances or documents; or (e) apes m any amendmenu, renewals, exuwioa+, modifiudons, changes or canaLLatiom of my
<br />of the [erns or wndi[ions o[ any of the appliatioas, CxAiu, or donsmentt, drafu or aetxpuam thereunder.
<br />a.6. My rights, remedies, duties or obliptionv panted or undertaken by w to any bank or other issues or correspondent in my
<br />apDliution for any Credi[, or any ouutandiag apeement relating to the opening or issuance of any Credit or acapunm or otherwise, sha11 be
<br />deemed to have been Granted to you and apply in W mpcets to You and shall be in addition ro any fights, remedies, duties or obltguions contained
<br />heren.
<br />a.7. My duties or obDptiom underuken by yvu m Goy bask or othc issues or cortespondent in Goy application for or in connection
<br />wiN eny Credi[, in4udiag arty outstanding agreement relating ro the opeainG or isauano of any Credit or otherwise sha11 be deemed to have
<br />been undertaken by w and apply in all mpesv [o w and shall be in addition m the dutin or obhgations contained herein.
<br />Ssetloa S. ADDITIONAL REMEDIES
<br />Upon [he occurrenrx of avy Event of DefaWt and at anY time Neruher, you shall have the right (ia addition to any other dghu you may
<br />have under [he Apeemen4 this Supplement or otherwise), without nmiu to us, u any time Gad from time to time, in your discretion, with or
<br />without judicial praw or the aid or asaittaaa of other and withom oust ro you:
<br />S.l. 7o entes upoh any premises on or is which any of the taveomry may be looted an4 without resisraatt or in[erference by us,
<br />rake possession of the Ivvenmry,
<br />32. To eomplese praessiag, maautanuriag, repair and shipment m eusmmera of all or a~ portion of the Inventory;
<br />7.3. To sell, [oralose or otherwise dispose of arty put or W of the imenmry oa or is any of ow premises or premises of any other
<br />Derry:
<br />5.~. fi require u; a ow eapease ro asumble Gad make avaikble m you asry part or all of she lavenmry u any plea Gad time
<br />designated by you:
<br />3.3. Tb remove my or all of the Inventory from Gay premiw on or in which the same may be looted, for the DttrDOSe o[ effacing
<br />the talc foreclosure or other disposition thereof or for any othes putpox (Gad it Gay of the Imenrory consis4 of motor vehicles, you may use
<br />our regis[rations and Gtense pla[es).
<br />IN WITNESS WHEREOF, ae blue aused these presents m be duly eatntted this ...............dry ofNnVBmber.., 19 9.0. .
<br />CF&I STEEL CORPORATION, Debtor
<br />.............................................
<br />and Debtor-in-Possession
<br />sr :...........................................
<br />Title :.........................................
<br />EXHIBIT A
<br />LOCATIONS OF COLLATERAL
<br />SEE ANNEXED PAGES
<br />S/GG-L/C
<br />
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