Alliance One International (AOI)

Senior Debt.

The Credit Party Obligations constitute “Senior Indebtedness”, “Senior Secured Indebtedness” and/or “Designated Senior Indebtedness” (or any similar designation) under and as defined in any agreement governing any Subordinated Indebtedness (including, without limitation, the Senior Subordinated Indenture) and the subordination provisions set forth in each such agreement (or in any intercreditor agreement related thereto) are legally valid and enforceable against the Credit  Parties party thereto.  This Agreement constitutes a “Credit Facility” under the “Senior Indenture”.

Section 3.24 Senior Debt.

The Credit Party Obligations constitute “Senior Indebtedness”, “Senior Secured Indebtedness” and/or “Designated Senior Indebtedness” (or any similar designation) under and as defined in any agreement governing any Subordinated Indebtedness (including, without limitation, the Senior Subordinated Indenture) and the subordination provisions set forth in each such agreement (or in any intercreditor agreement related thereto) are legally valid and enforceable against the Credit Parties party thereto. This Agreement constitutes a “Credit Facility” under the “Senior Indenture”.