Common use of INDENTURE AND SECURITY DOCUMENTS Clause in Contracts

INDENTURE AND SECURITY DOCUMENTS. The Company issued the Notes under an Indenture dated as of November 15, 20005 (the “Indenture”) among the Company, the Guarantors and the Trustee. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the TIA. The Notes are subject to all such terms, and Holders are referred to the Indenture and such Act for a statement of such terms. To the extent any provision of this Note conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling. The Notes are secured obligations of the Company. The Notes are secured by a second-priority Lien in the Collateral granted to the Collateral Agent for the benefit of the Holders of the Parity Lien Obligations, as further described in the Indenture. The Indenture does not limit the aggregate principal amount of Notes that may be issued thereunder, however, any proceeds from the issuance of Additional Notes may only be used to repay Priority Lien Debt.

INDENTURE AND SECURITY DOCUMENTS. The Company issued the Notes under an Indenture dated as of November 15October 16, 20005 2012 (the “Indenture”) among the Company, the Guarantors and the Trustee. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the TIA. The Notes are subject to all such terms, and Holders are referred to the Indenture and such Act for a statement of such terms. To the extent any provision of this Note conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling. The Notes are secured obligations of the Company. The Notes are secured by a second-priority Lien pledge of Shared Collateral (as defined in the Collateral granted Indenture) pursuant to the Collateral Agent for the benefit of the Holders of the Parity Lien Obligations, as further described Security Documents referred to in the Indenture. The Indenture does not limit the aggregate principal amount of Notes that may be issued thereunder, however, any proceeds from the issuance of Additional Notes may only be used to repay Priority Lien Debt.

INDENTURE AND SECURITY DOCUMENTS. The Company issued the Notes under an Indenture dated as of November 159, 20005 2006 (the “Indenture”) among the Company, the Guarantors and the Trustee. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the TIA. The Notes are subject to all such terms, and Holders are referred to the Indenture and such Act for a statement of such terms. To the extent any provision of this Note conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling. The Notes are secured obligations of the Company. The Notes are secured by a second-priority Lien pledge of Shared Collateral (as defined in the Collateral granted Indenture) pursuant to the Collateral Agent for the benefit of the Holders of the Parity Lien Obligations, as further described Security Documents referred to in the Indenture. The Indenture does not limit the aggregate principal amount of Notes that may be issued thereunder, however, any proceeds from the issuance of Additional Notes may only be used to repay Priority Lien Debt.

INDENTURE AND SECURITY DOCUMENTS. The Company Issuer issued the Notes under an Indenture dated as of November 15April 1, 20005 2008 (the “Indenture”) among Abitibi-Consolidated Inc., a company amalgamated under the laws of Canada (the “Company”), the other Guarantors and the Trustee. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the TIA. The Notes are subject to all such terms, and Holders are referred to the Indenture and such Act for a statement of such terms. To the extent any provision of this Note conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling. The Notes are secured obligations of the Company. The Notes are secured by a second-priority Lien in pledge of the Collateral granted pursuant to the Collateral Agent for the benefit of the Holders of the Parity Lien Obligations, as further described security documents referred to in the Indenture. The Indenture does not limit the aggregate principal amount of Notes that may be issued thereunder, however, any proceeds from the issuance of Additional Notes may only be used to repay Priority Lien Debt.

INDENTURE AND SECURITY DOCUMENTS. The Company issued the Notes under an Indenture dated as of November 15August 27, 20005 2014 (the “Indenture”) among the Company, the Guarantors Guarantors, the Trustee and the TrusteeCollateral Agent. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the TIA. The Notes are subject to all such terms, and Holders are referred to the Indenture and such Act the TIA for a statement of such terms. To the extent any provision of this Note conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling. The Notes are secured obligations of the Company. The Notes are secured by a secondpledge of a first-priority Lien in the and on all Collateral granted (subject to certain Permitted Liens) pursuant to the Collateral Agent for the benefit of the Holders of the Parity Lien Obligations, as further described Security Documents referred to in the Indenture. The Indenture does not limit the aggregate principal amount of Notes that may be issued thereunder, however, any proceeds from the issuance of Additional Notes may only be used to repay Priority Lien Debt.

INDENTURE AND SECURITY DOCUMENTS. The Company Issuers issued the Notes under an Indenture dated as of November 15March 31, 20005 2011 (the “Indenture”) among the CompanyIssuers, the Guarantors Guarantors, the Trustee, the Collateral Trustee and the Canadian Collateral Trustee. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the TIA. The Notes are subject to all such terms, and Holders are referred to the Indenture and such Act for a statement of such terms. To the extent any provision of this Note conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling. The Notes are secured obligations of the Company. The Notes are secured by a second-priority Lien in pledge of substantially all of the Collateral granted assets of the Issuers and the Guarantors pursuant to the Collateral Agent for the benefit of the Holders of the Parity Lien Obligations, as further described Documents referred to in the Indenture. The Indenture does not limit the aggregate principal amount of Notes that may be issued thereunder, however, any proceeds from the issuance of Additional Notes may only be used to repay Priority Lien Debt.

INDENTURE AND SECURITY DOCUMENTS. The Company issued the Notes under an Indenture dated as of November 15, 20005 [_______] (the “Indenture”) among the Company, the Guarantors and the Trustee. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the TIAIndenture. The Notes are subject to all such terms, and Holders are referred to the Indenture and such Act for a statement of such terms. To the extent any provision of this Note conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling. The Notes are secured obligations of the Company. The Notes are secured by a second-priority Lien in the Collateral granted to the Collateral Agent for the benefit of the Holders of the Parity Lien Obligations, as further described in the Indenture. The Indenture does not limit the aggregate principal amount of Notes that may be issued thereunder, however, any proceeds from . The Notes and the issuance Guarantees are secured by Liens on the Collateral pursuant to the Security Documents. The rights of Additional Notes may only be used the Holders in the Collateral are subject to repay Priority Lien Debtthe terms of the Intercreditor Agreement and the [______________].

INDENTURE AND SECURITY DOCUMENTS. The Company issued the Notes under an Indenture Indenture, dated as of November 15October 17, 20005 2019 (the “Indenture”) among the Company, the Guarantors and the Trustee. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the TIANote Purchase Agreement. The Notes are subject to all such terms, and Holders are referred to the Note Purchase Agreement, the Indenture and such Act for a statement of such terms. To the extent any provision of this Note conflicts with the express provisions of the Note Purchase Agreement or the Indenture, the provisions of the Indenture Note Purchase Agreement or the Indenture, as applicable, shall govern and be controlling. The Notes are secured obligations of the Company. The Notes are secured by a second-priority Lien pledge of Collateral (as defined in the Collateral granted Indenture) pursuant to the Collateral Agent for the benefit of the Holders of the Parity Lien Obligations, as further described Security Documents referred to in the Indenture. The Indenture does not limit the aggregate principal amount of Notes that may be issued thereunder, however, any proceeds from the issuance of Additional Notes may only be used to repay Priority Lien Debt.

INDENTURE AND SECURITY DOCUMENTS. The Company issued the Notes under an Indenture dated as of November 15, 20005 2005 (the “Indenture”) among the Company, the Guarantors and the Trustee. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the TIA. The Notes are subject to all such terms, and Holders are referred to the Indenture and such Act for a statement of such terms. To the extent any provision of this Note conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling. The Notes are secured obligations of the Company. The Notes are secured by a second-priority Lien in the Collateral granted to the Collateral Agent for the benefit of the Holders of the Parity Lien Obligations, as further described in the Indenture. The Indenture does not limit the aggregate principal amount of Notes that may be issued thereunder, however, any proceeds from the issuance of Additional Notes may only be used to repay Priority Lien Debt.

INDENTURE AND SECURITY DOCUMENTS. The Company issued the Notes under an Indenture dated as of November 15June 30, 20005 2010 (the “Indenture”) among the Company, the Guarantors and the Trustee. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the TIA. The Notes are subject to all such terms, and Holders are referred to the Indenture and such Act for a statement of such terms. To the extent any provision of this Note conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling. The Notes are secured obligations of the CompanyCompany limited to $385.0 million in aggregate principal amount. The Notes are secured by a second-priority pledge of a Lien in of the Collateral granted pursuant to the Collateral Agent for the benefit of the Holders of the Parity Lien Obligations, as further described Security Documents referred to in the Indenture. The Indenture does not limit the aggregate principal amount of Notes that may be issued thereunder, however, any proceeds from the issuance of Additional Notes may only be used to repay Priority Lien Debt.

INDENTURE AND SECURITY DOCUMENTS. The Company issued the Notes under an Indenture dated as of November 15[ , 20005 2014] (the “Indenture”) among the Company, the Guarantors and the Trustee. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the TIA. The Notes are subject to all such terms, and Holders are referred to the Indenture and such Act for a statement of such terms. To the extent any provision of this Note conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling. The Notes are secured obligations of the Company. The Notes are secured by a second-priority Lien Liens in the Collateral granted to the Collateral Agent for the benefit of the Holders of the Parity Lien ObligationsHolders, as further described in the Indenture. The Indenture does not limit the aggregate principal amount of Notes that may be issued thereunder, however, any proceeds from the issuance of Additional Notes may only be used to repay Priority Lien Debt.

INDENTURE AND SECURITY DOCUMENTS. The Company issued the Notes under an Indenture Indenture, dated as of November 156, 20005 2001, between the Company and The Bank of New York, as predecessor trustee to the Trustee, as supplemented by the Thirtieth Supplemental Indenture (the “Thirtieth Supplemental Indenture”), dated as of February 5, 2019 (as so supplemented, the “Indenture”) ), among the Company, the Guarantors and the Trustee. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the TIATrust Indenture Act. The Notes are subject to all such terms, and Holders are referred to the Indenture and such Act for a statement of such terms. To the extent any provision of this Note conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling. The Notes are senior secured obligations second-lien Obligations of the Company. The Notes are secured by a second-priority Lien in pledge of the Collateral granted pursuant to the Collateral Agent for the benefit of the Holders of the Parity Stock Lien Obligations, as further described Security Documents referred to in the Indenture. The Indenture does not limit the aggregate principal amount of Notes that may be issued thereunder, however, any proceeds from the issuance of Additional Notes may only be used to repay Priority Lien Debt.

INDENTURE AND SECURITY DOCUMENTS. The Company issued the Notes under an Indenture dated as of November 15October 4, 20005 2005 (the “Indenture”) among the Company, the Guarantors and the Trustee. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the TIA. The Notes are subject to all such terms, and Holders are referred to the Indenture and such Act for a statement of such terms. To the extent any provision of this Note conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling. The Notes are secured obligations of the Company. The Notes are secured by a second-priority Lien Liens in the Collateral granted to the Collateral Agent for the benefit of the Holders of the Parity Lien Obligations, as further described in the Indenture. The Indenture does not limit the aggregate principal amount of Notes that may be issued thereunder, however, any proceeds from the issuance of Additional Notes may only be used to repay Priority Lien Debt.

INDENTURE AND SECURITY DOCUMENTS. The Company issued the Notes under an Indenture Indenture, dated as of November 15September 27, 20005 2019 (the “Indenture”) among the Company, the Guarantors and the Trustee. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the TIANote Purchase Agreement. The Notes are subject to all such terms, and Holders are referred to the Note Purchase Agreement, the Indenture and such Act for a statement of such terms. To the extent any provision of this Note conflicts with the express provisions of the Note Purchase Agreement or Indenture, the provisions of the Indenture Note Purchase Agreement or Indenture, as applicable, shall govern and be controlling. The Notes are secured obligations of the Company. The Notes are secured by a second-priority Lien pledge of Collateral (as defined in the Collateral granted Indenture) pursuant to the Collateral Agent for the benefit of the Holders of the Parity Lien Obligations, as further described Security Documents referred to in the Indenture. The Indenture does not limit the aggregate principal amount of Notes that may be issued thereunder, however, any proceeds from the issuance of Additional Notes may only be used to repay Priority Lien Debt.

INDENTURE AND SECURITY DOCUMENTS. The Company issued the Notes under an Indenture dated as of November October 15, 20005 2010 (the “Indenture”) among the Company, the Guarantors and the Trustee. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the TIA. The Notes are subject to all such terms, and Holders are referred to the Indenture and such Act for a statement of such terms. To the extent any provision of this Note conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling. The Notes are secured obligations of the CompanyCompany initially limited to $72,925,500 in aggregate principal amount, plus any Payment-in-Kind interest thereon. The Notes are secured by a second-priority pledge of a Lien in of the Collateral granted pursuant to the Collateral Agent for the benefit of the Holders of the Parity Lien Obligations, as further described Security Documents referred to in the Indenture. The Indenture does not limit the aggregate principal amount of Notes that may be issued thereunder, however, any proceeds from the issuance of Additional Notes may only be used to repay Priority Lien Debt.

INDENTURE AND SECURITY DOCUMENTS. The Company issued the Notes under an Indenture dated as of November 15May 18, 20005 2016 (the “Indenture”) among the Company, the Guarantors and the Trustee. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the TIA. The Notes are subject to all such terms, and Holders are referred to the Indenture and such Act for a statement of such terms. To the extent any provision of this Note conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling. The Notes are secured obligations of the Company. The Notes are secured by a second-priority Lien pledge of Collateral (as defined in the Collateral granted Indenture) pursuant to the Collateral Agent for the benefit of the Holders of the Parity Lien Obligations, as further described Security Documents referred to in the Indenture. The Indenture does not limit the aggregate principal amount of Notes that may be issued thereunder, however, any proceeds from the issuance of Additional Notes may only be used to repay Priority Lien Debt.

INDENTURE AND SECURITY DOCUMENTS. The Company issued the Notes under an Indenture dated as of November 15February 1, 20005 2013 (the “Indenture”) among the Company, the Guarantors and the Trustee. The terms of the Notes include those stated in the Indenture and those made part of the Indenture by reference to the TIA. The Notes are subject to all such terms, and Holders are referred to the Indenture and such Act for a statement of such terms. To the extent any provision of this Note conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling. The Notes are secured obligations of the Company. The Notes are secured by a second-priority Lien pledge of Collateral (as defined in the Collateral granted Indenture) pursuant to the Collateral Agent for the benefit of the Holders of the Parity Lien Obligations, as further described Security Documents referred to in the Indenture. The Indenture does not limit the aggregate principal amount of Notes that may be issued thereunder, however, any proceeds from the issuance of Additional Notes may only be used to repay Priority Lien Debt.