Kodak 2011 Annual Report Download - page 443

(ii)All dividends, interest and other distributions that are received by any Grantor contrary to the provisions of paragraph (i) of
this Section 12(b) shall be received in trust for the benefit of the Secured Parties, shall be segregated from other funds of such Grantor and shall be
promptly paid over to the Agent as Security Collateral in the same form as so received (with any necessary indorsement).
Section 13. As to the Assigned Agreements
(a) Each Grantor will, to the extent permitted by and in accordance with the Interim Order (and when applicable, the Final Order) and
without further order from the Bankruptcy Court, at its expense:
(i) perform and observe all terms and provisions of the Assigned Agreements to be performed or observed by it to the extent
consistent with its past practice or reasonable business judgment, maintain the Assigned Agreements to which it is a party in full force and effect,
enforce the Assigned Agreements to which it is a party in accordance with the terms thereof and take all such action to such end as may be
requested from time to time by the Agent; and
(ii) furnish to the Agent promptly upon receipt thereof copies of all notices of defaults in excess of $25,000,000 received by
such Grantor under or pursuant to the Assigned Agreements to which it is a party, and from time to time (A) furnish to the Agent such information
and reports regarding the Assigned Agreements and such other Collateral of such Grantor as the Agent may reasonably request and (B) upon
request of the Agent, make to each other party to any Assigned Agreement to which it is a party such demands and requests for information and
reports or for action as such Grantor is entitled to make thereunder.
(b) Each Grantor hereby consents on its behalf and on behalf of its Subsidiaries to the assignment and pledge to the Agent for benefit
of the Secured Parties of each Assigned Agreement to which it is a party by any other Grantor hereunder.
(c) Each Grantor agrees, upon the reasonable request of Agent, to instruct each other party to each Assigned Agreement to which it is
a party, that all payments due or to become due under or in connection with such Assigned Agreement will be made directly to a Deposit Account.
(d) All moneys received or collected pursuant to subsection (c) above shall be (i) released to the applicable Grantor on the terms set
forth in Section 5 so long as no Event of Default shall have occurred and be continuing or (ii) if any Event of Default shall have occurred and be continuing,
applied as provided in Section 19(b).
Section 14. As to Letter-of-Credit Rights and Commercial Tort Claims
(a) Except as otherwise permitted by the Credit Agreement, this Agreement and the Interim Order (and when applicable, the Final
Order), each Grantor, by granting a security interest in its Receivables consisting of letter-of-credit rights to the Agent, hereby assigns to the Agent such
rights (including its contingent rights) to the proceeds of all Related Contracts consisting of letters of credit of which it is or hereafter becomes a beneficiary
or assignee. Upon request of the Agent, each Grantor will, to the extent permitted by and in accordance with the Interim Order (and when
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