Does anyone understand how to interpret the below (I'm awful at understanding these filings). Is the $9.2M amount what we have remaining with the toxics?

Also why would the new investors more senior to the "April 2016 holders" be senior to the April 2016 holders? Is it cause they are positioning themselves to try and have the outstanding toxic debt be eliminated? (not sure I'm even making sense of it all to myself)

October 31, 2016 the Company entered into the First Amendment To Intercreditor And Subordination Agreement (“First
Amendment”), by and among the, the Company, all of the subsidiaries of the Company (such subsidiaries, the “Subsidiaries”, the
Company jointly and severally, together with their respective successors and assigns, collectively, the “Debtors”), GEMG LLC (“GEMG”),
Anson Investments Master Fund LP (“Anson”), Dominion Capital, LLC, (“Dominion”) and Delafield Investments Limited (“Delafield”)
the holders (Anson, Dominion and Delafield are collectively, the “April 2016 Holders”) of the Company’s 12% OID Senior Secured
Convertible Promissory Notes, in the original aggregate principal amount of approximately $9,215,000 pursuant to the Senior Loan
Agreement, Delafield in its capacity as collateral agent (in such capacity, the “Collateral Agent”) and the New Investors pursuant to which
GEMG continued to remain as a senior lender, the New Investors became a junior lender to GEMG and senior to the April 2016 Holders,
and the April 2016 Holders became subordinated lenders to both GEMG and the New Investors.