Collateral Agreement (2004)Full Document 

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                              COLLATERAL AGREEMENT

                                   DATED AS OF

                                OCTOBER 20, 2004,

                                      AMONG

                         INTERNATIONAL WIRE GROUP, INC.

                               THE SUBSIDIARIES OF
                         INTERNATIONAL WIRE GROUP, INC.
                                IDENTIFIED HEREIN

                                       AND

                            BNY MIDWEST TRUST COMPANY

                               AS COLLATERAL AGENT

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                                TABLE OF CONTENTS

PAGE ---- ARTICLE I Definitions SECTION 1.01. Indenture.............................................................. 1 SECTION 1.02. Other Defined Terms.................................................... 1 SECTION 1.03. Rules of Interpretation................................................ 5 SECTION 1.04. Intercreditor Agreement................................................ 5 ARTICLE II Pledge of Securities SECTION 2.01. Pledge................................................................. 5 SECTION 2.02. Delivery of the Pledged Collateral..................................... 6 SECTION 2.03. Representations, Warranties and Covenants.............................. 7 SECTION 2.04. Certification of Limited Liability Company and Limited Partnership Interests.............................................................. 8 SECTION 2.05. Registration in Nominee Name; Denominations............................ 8 SECTION 2.06. Voting Rights; Dividends and Interest.................................. 8 ARTICLE III Security Interests in Personal Property SECTION 3.01. Security Interest...................................................... 10 SECTION 3.02. Representations and Warranties......................................... 12 SECTION 3.03. Covenants.............................................................. 13 SECTION 3.04. Other Actions.......................................................... 17 SECTION 3.05. Covenants Regarding Patent, Trademark and Copyright Collateral......... 20 ARTICLE IV Remedies SECTION 4.01. Remedies Upon Default.................................................. 21 SECTION 4.02. Application of Proceeds................................................ 23 SECTION 4.03. Grant of License to Use Intellectual Property.......................... 24 SECTION 4.04. Securities Act......................................................... 24 SECTION 4.05. Registration........................................................... 25 ARTICLE V Indemnity, Subrogation and Subordination SECTION 5.01. Indemnity and Subrogation.............................................. 26 SECTION 5.02. Contribution and Subrogation........................................... 26
-i- SECTION 5.03. Subordination.......................................................... 26 ARTICLE VI Miscellaneous SECTION 6.01. Notices................................................................ 27 SECTION 6.02. Waivers; Amendment..................................................... 27 SECTION 6.03. Collateral Agent's Fees and Expenses; Indemnification.................. 27 SECTION 6.04. Successors and Assigns................................................. 30 SECTION 6.05. Survival of Agreement.................................................. 30 SECTION 6.06. Counterparts; Effectiveness; Several Agreement......................... 31 SECTION 6.07. Severability........................................................... 31
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