Common use of ABS Facility Clause in Contracts

ABS Facility. Substantially concurrently with the satisfaction of the other conditions precedent set forth in this subsection 5.1, one or more Special Purpose Subsidiaries of the Acquired Business Parent shall have entered into the operative ABS Facility Documents to be entered into on the Closing Date.

Appears in 2 contracts

Samples: Credit Agreement (Great North Imports, LLC), Credit Agreement (Great North Imports, LLC)

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ABS Facility. Substantially concurrently with the satisfaction of the other conditions precedent set forth in this subsection 5.16.1, one or more Special Purpose Subsidiaries of the Acquired Business Parent shall have entered into the operative ABS Facility Documents to be entered into on the Closing Date.

Appears in 2 contracts

Samples: Pooling Agreement (Great North Imports, LLC), Revolving Credit Agreement (Great North Imports, LLC)

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