Exhibit 10.2 NewPage - Executed ABL Agreement

or any Lender Party in writing, or has made a public statement, to the effect that it does not
intend or expect to comply with any of its funding obligations under this Agreement (unless such
writing or public statement indicates that such position is based on such Lender’s good faith
determination that a condition precedent to funding a Loan under this Agreement (specifically
identified and including the particular Default, if any) cannot be satisfied) or generally under
other agreements in which it commits to extend credit, (c) has failed, within three Business Days
after request by a Lender Party, acting in good faith, to provide a certification in writing from an
authorized officer of such Lender that it will comply with its obligations to fund prospective
Loans and participations in then outstanding Letters of Credit and Swingline Loans under this
Agreement, provided that such Lender shall cease to be a Defaulting Lender pursuant to this
clause (c) upon such Lender Party’s receipt of such certification in form and substance
satisfactory to it and the Administrative Agent, or (d) has become the subject of a Bankruptcy
Event; provided that a Lender shall not be a Defaulting Lender solely by virtue of the ownership
or acquisition of any Equity Interest in that Lender or any direct or indirect parent company
thereof by a Governmental Authority so long as such ownership interest does not result in or
provide such Lender with immunity from the jurisdiction of courts within the United States or
from the enforcement of judgments or writs of attachment on its assets or permit such Lender (or
such Governmental Authority or instrumentality) to reject, repudiate, disavow or disaffirm any
contracts or agreements made with such Lender.
“Deposit Account” means a demand, time, savings, passbook or like account with a bank,
savings and loan association, credit union or like organization, other than an account evidenced
by a negotiable certificate of deposit.
“Deposit Account Control Agreement” has the meaning assigned to such term in the
Pledge and Security Agreement.
“Designated Hedge Agreement” means any Hedge Agreement between a Credit Party
and a Designated Hedge Provider.
“Designated Hedge Obligations” of a Credit Party means any and all obligations of such
Credit Party, whether absolute or contingent and howsoever and whensoever created, arising,
evidenced or acquired (including all renewals, extensions and modifications thereof and
substitutions therefor), under (a) any and all Designated Hedge Agreements, and (b) any and all
cancellations, buy backs, reversals, terminations or assignments of any Designated Hedge
Agreement; provided, that Designated Hedge Obligations shall not include any of the foregoing
obligations that constitute secured obligations under the Term Credit Agreement.
“Designated Hedge Provider” means a Person that is a Lender or an Affiliate of a Lender
on the Effective Date or, if the applicable Hedge Agreement is established later, on the date such
Hedge Agreement is entered into (in each case regardless of whether such Person subsequently
ceases to be Lender or an Affiliate of a Lender, as the case may be) and that has provided by the
tenth (10th) Business Day after the later of (i) the Effective Date or (ii) the date that such Hedge
Agreement is entered into or the party to it becomes a Lender (or is an Affiliate), a written notice
to Administrative Agent, in form and substance reasonably satisfactory to Administrative Agent,
that is acknowledged and agreed by the Borrower and the Administrative Agent, that obligations
arising from the applicable Hedge Agreement constitute “Designated Hedge Obligations” for
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