Kodak 2011 Annual Report Download - page 167

Lenders and for the Term Lenders under this Agreement, and the US Loan Parties, substantially in the form of Exhibit I .
“ Interest Period ”
means, for each Eurodollar Rate Loan comprising part of the same Borrowing, the period commencing on the date of
such Eurodollar Rate Loan or the date of the Conversion of any Base Rate Loan into such Eurodollar Rate Loan and ending on the last day of the
period selected by the applicable Borrower pursuant to the provisions below and, thereafter, each subsequent period commencing on the last day of
the immediately preceding Interest Period and ending on the last day of the period selected by such Borrower pursuant to the provisions
below. The duration of each such Interest Period shall be one, two, three or six months, as the applicable Borrower may, upon notice received by
the Agent not later than 11:00 A.M. (New York City time) on the third Business Day prior to the first day of such Interest Period, select; provided
,
however , that:
(i) no Borrower may select any Interest Period that ends after the Termination Date;
(ii) Interest Periods commencing on the same date for Eurodollar Rate Loans comprising part of the same Borrowing shall be
of the same duration;
(iii) [reserved];
(iv) whenever the last day of any Interest Period would otherwise occur on a day other than a Business Day, the last day of
such Interest Period shall be extended to occur on the next succeeding Business Day, provided , however , that, if such extension would cause the
last day of such Interest Period to occur in the next following calendar month, the last day of such Interest Period shall occur on the next preceding
Business Day; and
(v) whenever the first day of any Interest Period occurs on a day of an initial calendar month for which there is no
numerically corresponding day in the calendar month that succeeds such initial calendar month by the number of months equal to the number of
months in such Interest Period, such Interest Period shall end on the last Business Day of such succeeding calendar month.
“ Interim Order ”
means an interim order of the Bankruptcy Court, satisfactory in form and substance to the Initial Lenders entered by the
Bankruptcy Court, (a) authorizing extensions of credit in respect of (x) the Revolving Credit Facility in an aggregate amount of up to $250,000,000
and (y) the Term Facility in an aggregate amount of up to $400,000,000, (b) approving the transactions contemplated by this Agreement and the
other Loan Documents, (c) granting the Superpriority Claims and Liens described in Section 2.24
, (d) authorizing and directing the indefeasible
repayment of any obligations under the Existing Credit Agreement, which repayment shall not be subject to any future challenge by any Person,
and, upon such repayment, terminating and releasing all security interests and Liens granted by the Debtors pursuant to the Collateral Documents
(as defined in the Existing Credit Agreement), (e) approving the payment by the Company of all of the fees and expenses that are required to be
paid in connection with the Facilities and (f) covering other customary matters.
“ Interim Order Entry Date ” means the date on which the Interim Order is entered by the Bankruptcy Court.
“ Inventory ” has the meaning specified in the UCC or the PPSA, as the context may require.
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