Common use of Junior Loans Clause in Contracts

Junior Loans. Subject to the terms and conditions set forth herein each Junior Loan Lender agrees, severally and not jointly, that the outstanding Junior Loans (as defined in the Existing DIP Term Loan Agreement) immediately prior to giving effect to this Agreement in an amount equal to the amount set forth opposite such Junior Loan Lender’s name on Schedule 2.01(b) hereto are hereby exchanged for Junior Loans and deemed borrowed hereunder (the “Junior Loans”).

Appears in 5 contracts

Samples: Loan Agreement, Loan Agreement, Intercreditor Agreement (Eastman Kodak Co)

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