Kodak 2011 Annual Report Download - page 183

“ US Secured Agreements ”
means any Secured Agreement that is entered into by and between the Company or any of its Subsidiaries
and any Lender (or Affiliate thereof) (regardless of whether such Lender subsequently ceases to be a Lender for any reason).
“ US Secured Obligations ” means the “Secured Obligations”, as defined in the US Security Agreement.
“ US Secured Parties ”
means, collectively, the Agent, the Collateral Agent, each US Revolving Lender, each Issuing Bank and each
Lender or Affiliate of a Lender in its capacity as a counterparty to a US Secured Agreement (regardless of whether such Lender subsequently
ceases to be a Lender for any reason).
“ US Security Agreement ”
means the US Security Agreement, dated as of the Effective Date, from the US Loan Parties party thereto, as
grantors, to the Agent, as may be amended, amended and restated, supplemented or otherwise modified from time to time.
“ US Subsidiary ”
means any direct or indirect Subsidiary of the Company organized under the laws of the United States, any state thereof
or the District of Columbia.
“ US Subsidiary Guarantor ” means the direct and indirect wholly-owned (other than directors’
qualifying shares or similar holdings
under applicable law) US Subsidiaries of the Company listed on Part A of Schedule II
hereto and each other Subsidiary of the Company that shall
be required to execute and deliver a guaranty pursuant to Section 5.01(h) .
“ US Unissued Letter of Credit Commitment ”
means, with respect to any Issuing Bank, the obligation of such Issuing Bank to issue US
Letters of Credit for the account of the Company or its Subsidiaries in an amount equal to the excess of (a) the amount of its US Letter of Credit
Commitment over (b) the aggregate US Letter of Credit Obligations outstanding to such Issuing Bank.
“ US Unused Revolving Credit Commitment ” means, with respect to each Revolving Lender at any time, (a) such Lender’
s US
Revolving Credit Commitment at such time minus
(b) the sum of (i) the aggregate principal amount of all US Revolving Loans made by such
Lender (in its capacity as a Lender) and outstanding at such time, plus (ii) such Lender’
s Ratable Share of (A) the aggregate Available Amount of
all US Letters of Credit outstanding at such time and (B) the aggregate principal amount of all US Revolving Loans made by each Issuing Bank
pursuant to Section 2.03(c) that have not been ratably funded by such Lender and outstanding at such time.
“ Voting Stock ”
means capital stock issued by a corporation, or equivalent interests in any other Person, the holders of which are
ordinarily, in the absence of contingencies, entitled to vote for the election of directors (or persons performing similar functions) of such Person,
even if the right so to vote has been suspended by the happening of such a contingency.
“ Weighted Average Life to Maturity ”
means, when applied to any Debt at any date, the number of years obtained by dividing: (a) the
sum of the products obtained by multiplying (i) the amount of each then remaining installment, sinking fund, serial maturity or other required
payments of principal, including payment at final maturity, in respect thereof, by (ii) the number of years (calculated to the nearest one-
twelfth)
that will elapse between such date and the making of such payment; by (b) the then outstanding principal amount of such Debt.
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