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Exhibit 10.2 NewPage - Executed ABL Agreement

Exhibit 10.2 NewPage - Executed ABL Agreement

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“Intercreditor <strong>Agreement</strong>” means an intercreditor agreement substantially in the form of<br />

<strong>Exhibit</strong> N.<br />

“Interest Election Request” means a request by the Borrower to convert or continue a<br />

Revolving Borrowing in accordance with Section 2.07.<br />

“Interest Expense” means, for any period, total interest expense (including that<br />

attributable to Capital Lease obligations) of the Borrower and its Subsidiaries for such period<br />

with respect to all outstanding Indebtedness of the Borrower and its Subsidiaries (including all<br />

commissions, discounts and other fees and charges owed with respect to letters of credit and<br />

bankers’ acceptances and net costs under Hedge <strong>Agreement</strong>s in respect of interest rates to the<br />

extent such net costs are allocable to such period in accordance with GAAP), calculated on a<br />

consolidated basis for the Borrower and its Subsidiaries for such period in accordance with<br />

GAAP.<br />

“Interest Payment Date” means (a) with respect to any ABR Loan (other than a Swingline<br />

Loan), the first day of each calendar quarter and the Maturity Date and (b) with respect to any<br />

Eurodollar Loan, the last day of the Interest Period applicable to the Borrowing of which such<br />

Loan is a part (and, in the case of a Eurodollar Borrowing with an Interest Period of more than<br />

three months’ duration, each day prior to the last day of such Interest Period that occurs at<br />

intervals of three months’ duration after the first day of such Interest Period) and the Maturity<br />

Date.<br />

“Interest Period” means, with respect to any Eurodollar Borrowing, the period<br />

commencing on the date of such Eurodollar Borrowing and ending on the numerically<br />

corresponding day in the calendar month that is one, two, three or six months (or nine or twelve<br />

months if the Lenders agree) thereafter, as the Borrower may elect; provided, that (i) if any<br />

Interest Period would end on a day other than a Business Day, such Interest Period shall be<br />

extended to the next succeeding Business Day unless such next succeeding Business Day would<br />

fall in the next calendar month, in which case such Interest Period shall end on the next<br />

preceding Business Day and (ii) any Interest Period pertaining to a Eurodollar Borrowing that<br />

commences on the last Business Day of a calendar month (or on a day for which there is no<br />

numerically corresponding day in the last calendar month of such Interest Period) shall end on<br />

the last Business Day of the last calendar month of such Interest Period. For purposes hereof, the<br />

date of a Borrowing initially shall be the date on which such Borrowing is made and, in the case<br />

of a Revolving Borrowing, thereafter shall be the effective date of the most recent conversion or<br />

continuation of such Borrowing.<br />

“Interest Rate <strong>Agreement</strong>” means any interest rate swap agreement, interest rate cap<br />

agreement, interest rate collar agreement, interest rate hedging agreement or other similar<br />

agreement or arrangement, each of which is for the purpose of hedging the interest rate exposure<br />

associated with Holdings’ and its Subsidiaries’ operations and not for speculative purposes.<br />

“Internal Revenue Code” means the Internal Revenue Code of 1986, as amended to the<br />

date hereof and from time to time hereafter, and any successor statute.<br />

CH\1416587.18<br />

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