SUBORDINATED LOAN AGREEMENT between SUN MEDIA CORPORATION (As Borrower) and QUEBECOR MEDIA INC. (As Lender) Dated as of October 31, 2007Subordinated Loan Agreement • March 20th, 2008 • Sun Media Corp • Newspapers: publishing or publishing & printing • Quebec
WHEREAS the Borrower has requested that the Lender provide the Borrower with a subordinated loan in the principal amount of two hundred thirty-seven million five hundred thousand dollars ($237,500,000) and the Lender has agreed to provide such subordinated loan to the Borrower, upon the terms and subject to the conditions hereinafter set forth;
