ABL DIP Facility definition

ABL DIP Facility means the debtor-in-possession credit facility, in an aggregate amount of up to$80,000,000, entered into on the terms and conditions set forth in the ABL DIP Facility Documents and the DIP Orders, and which shall refinance all amounts outstanding under the A/R Facility and satisfy all A/R Facility Claims, subject to the terms and conditions of the DIP Orders.

ABL DIP Facility means the revolving credit commitments and the loans made under the ABL DIP Credit Agreement.

ABL DIP Facility means the $80,000,000 debtor-in-possession credit facility to be provided to the Company Parties in accordance with the terms, and subject to the conditions, set forth in the ABL DIP Credit Agreement and the DIP Orders.

Examples of ABL DIP Facility in a sentence

• 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.

• The foregoing documents shall be in form and substance acceptable to the Company, the Coalition of Prepetition Noteholders, the ORIX DIP Facility Lenders, the ORIX Exit Facility Lenders, the ORIX DIP Facility Agent, the ORIX Exit Facility Agent, the ABL DIP Facility Administrative Agent, and the ABL Exit Facility Administrative Agent.

• The claims under the ABL DIP Facility (the “ABL DIP Claims”) shall be allowed in the full amount due and owing under the ABL DIP Facility.

• John receives occupational therapy and speech and language services.

• The ABL DIP Facility Agent and the ABL DIP Facility Lenders shall take all actions to effectuate and confirm such termination, release, and discharge as reasonably requested by the Debtors or the Reorganized Debtors.

More Definitions of ABL DIP Facility

ABL DIP Facility means the new superpriority, asset-based, senior secured, debtor in possession revolving credit facility to be issued by the Reorganized Debtors in accordance with the ABL DIP Documents.

ABL DIP Facility means the $50 million debtor-in-possession asset-based loan facility to be provided to the Debtors in accordance with the terms and conditions of, and subject in all respects to, the ABL DIP Facility Documents and the DIP Order.

ABL DIP Facility means that certain debtor-in-possession credit facility to be provided by the ABL DIP Lenders on the terms of and subject to the conditions set forth in the ABL DIP Credit Agreement.

ABL DIP Facility means the postpetition financing facility provided for under the ABL DIP Facility Credit Agreement and the Final DIP Order.

ABL DIP Facility means the “DIP ABL Facility” as defined in the DIP Order.

ABL DIP Facility means the credit facilities made available to the Borrower pursuant to the ABL DIP Credit Agreement.

ABL DIP Facility is defined in the recitals and means the collective reference to the ABL DIP Credit Agreement and the other ABL DIP Documents, and any amendments, supplements, modifications, extensions, renewals or restatements thereof (in each case, in accordance with the ABL-TL DIP Intercreditor Agreement and the Financing Orders), together with the ABL Revolving Loans and other financial accommodations made pursuant thereto or in connection therewith and the Liens created thereby and the other provisions contained therein.