ABL DIP Credit Agreement definition

ABL DIP Credit Agreement means that certain Senior Secured Super Priority Debtor-In-Possession Credit Agreement dated as of May 29, 2020 by and among the Borrower, Holdings, the guarantors party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent.

ABL DIP Credit Agreement means that certain senior-secured, super priority debtor-in-possession credit agreement by and among the Debtors party thereto, as borrowers or guarantors, the ABL DIP Agent, and the ABL DIP Lender(s), as approved by the DIP Orders, as may be amended, restated, supplemented, or otherwise modified from time to time, which shall be in form and substance reasonably acceptable to the Company Parties, the the ABL DIP Agent, the ABL DIP Lender(s), the Required Term DIP Lenders, the Required Consenting Priority Lenders, the Required Consenting First Lien Term Lenders, the Required Consenting Second Lien Term Lenders (solely to the extent required under the Required Second Lien Term Lender Consent Right), and the Sponsors (solely to the extent required under the Sponsor Consent Right).

ABL DIP Credit Agreement means that certain debtor-in-possession credit agreement evidencing the ABL DIP Facility.

Examples of ABL DIP Credit Agreement in a sentence

• Any Restructuring Expenses that constitute obligations of the Debtors pursuant to the Term Loan DIP Credit Agreement or ABL DIP Credit Agreement shall be entitled to all rights and protections afforded to any other obligations arising under the Term Loan DIP Credit Agreement or ABL DIP Credit Agreement, as applicable.

• The refinancing of the obligations under the ABL DIP Credit Agreement as provided in this paragraph shall also be subject to a payment statement in form and substance acceptable to ABL DIP Agent and the Debtors.

• Occurrence and continuance of an “event of default” under and as defined in the ABL DIP Credit Agreement.

• As of the date hereof, no Obligor is the account party under any letter of credit other than (x) as listed and described on Schedule 4.9 or (y) as may be issued pursuant to and under the ABL DIP Credit Agreement.

• The ABL DIP Facility shall be in full force and effect and no “Default” or “Event of Default” (as defined in the ABL DIP Credit Agreement) shall have occurred and be continuing under the ABL DIP Credit Agreement that remains uncured or not expressly waived in writing by the ABL DIP Lenders.

More Definitions of ABL DIP Credit Agreement

ABL DIP Credit Agreement means the credit agreement governing the ABL DIP Facility, which is attached to the Restructuring Support Agreement and as approved by the DIP Orders.

ABL DIP Credit Agreement means the debtor-in-possession credit agreement (as amended, restated, modified, supplemented, or replaced from time to time in accordance with its terms) to be entered into by the Debtors, the ABL DIP Agent, and the ABL DIP Lenders.

ABL DIP Credit Agreement means the Senior Secured, Super-Priority Priming Debtor-In-Possession Credit Agreement (as may be amended, restated, amended and restated, supplemented or otherwise modified from time to time) evidencing the ABL DIP Facility, by and among Guitar Center, as borrower, each of the other Debtors, as guarantors, the ABL DIP Agent and the ABL DIP Lenders, as approved by the DIP Order.

ABL DIP Credit Agreement means that certain Super-Priority Senior Secured Debtor-in-Possession ABL Credit and Guaranty Agreement, dated as of the date hereof, by and among the Borrower, Holdings, the guarantors party thereto, and PNC Bank, National Association, as administrative agent and collateral agent.

ABL DIP Credit Agreement means the Debtor-in-Possession Credit Agreement, dated as of the date hereof, among the ABL DIP Agent and other parties thereto, as modified, supplemented, amended, restated (including any amendment and restatement hereof), extended or renewed from time to time in accordance with the terms hereof and thereof.

ABL DIP Credit Agreement means the Senior Secured Debtor-In-Possession Credit Facility, dated as of the date hereof, by and among the borrowers and guarantors named therein, Xxxxx Fargo Capital Finance, LLC, as agent, and the lenders party thereto from time to time, as amended from time to time.

ABL DIP Credit Agreement means that certain debtor-in-possession credit agreement, dated as of April 5, 2017 (as may be amended, restated, supplemented, or otherwise modified from time to time), by and among (a) certain of the Debtors, (b) Wells Fargo Bank, National Association as Collateral Agent, Administrative Agent, and Swing Line Lender (c) TPG Specialty Lending, Inc. as Tranche A-1 Agent, (d) Bank of America N.A. as Syndication Agent,(e) Wells Fargo Bank, National Association and Merrill Lynch, Pierce, Fenner & Smith Incorporated as Joint Lead Arrangers and Joint Bookrunners, and (f) the other ABL DIP Lenders.