ABL DIP Loans definition

ABL DIP Loans means the loans under the ABL DIP Facility, including the ABL Roll-Up DIP Loans.
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ABL DIP Loans means the loans borrowed under the ABL DIP Credit Agreement.
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ABL DIP Loans means loans and other credit extensions made under the ABL DIP Credit Agreement.
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Examples of ABL DIP Loans in a sentence

  • Upon entry of the Final Order, the Debtors may obtain and use the proceeds of ABL DIP Loans only for purposes specified in the ABL DIP Loan Agreement and the Debtors may obtain and use proceeds of the Term DIP Loans only for purposes specified in the Term DIP Loan Agreement.

  • All such ABL DIP Loans shall be entitled to all of the benefits and security of the DIP Financing Documents and this Order.

  • Upon entry of the Final Order and subject to Paragraph 22 of this Interim Order, Debtors shall pay in full in cash, by way of a dollar-for-dollar roll-up, all Pre-Petition ABL Debt to Pre-Petition ABL Credit Parties from the amount available to be drawn under the ABL DIP Loans.

  • Regardless of whether the Debtors have utilized the retained cash referred to in clause (a) above, the ABL DIP Credit Parties are authorized to make ABL DIP Loans in amounts sufficient to satisfy the Debtors’ payment obligations under this subparagraph and to disburse such ABL DIP Loans directly to the Pre-Petition ABL Agent for application to the Pre-Petition ABL Debt.

Related to ABL DIP Loans

  • ABL Debt means the “Obligations” as defined in the ABL Debt Documents.

  • First Lien Term Loans means the “Term Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

  • Senior Loans means the term loans made by the Senior Lenders to the Borrower pursuant to the Senior Term Loan Agreement.

  • ABL Documents means the ABL Agreement, each ABL Security Document, each ABL Guarantee and each other “Loan Document” as defined in the ABL Agreement (other than this Agreement).

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Bank Loans means debt obligations (including, without limitation, term loans, revolving loans, debtor-in-possession financings, the funded and unfunded portion of revolving credit lines and letter of credit facilities and other similar loans and investments including interim loans and senior subordinated loans) which are generally under a syndicated loan or credit facility.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Revolving Credit Obligations means, at any particular time, the sum of (i) the outstanding principal amount of the Revolving Loans at such time, plus (ii) the outstanding principal amount of the Swing Line Loans at such time, plus (iii) the outstanding L/C Obligations at such time.

  • Subordinated Loans means any loan incurred by the Issuer or any of its Subsidiaries, if such loan (i) according to its terms (or pursuant to a subordination agreement on terms and conditions satisfactory to the Trustee) is subordinated to the obligations of the Issuer under the Terms and Conditions; (ii) according to its terms have a final redemption date or, when applicable, early redemption dates or instalment dates which occur after the Final Redemption Date; and (iii) according to its terms yield only payment-in-kind interest.

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • Discharge of Credit Agreement Obligations means, with respect to any Shared Collateral, the Discharge of the Credit Agreement Obligations with respect to such Shared Collateral; provided that the Discharge of Credit Agreement Obligations shall not be deemed to have occurred in connection with a Refinancing of such Credit Agreement Obligations with additional First Lien Obligations secured by such Shared Collateral under an Additional First Lien Document which has been designated in writing by the Administrative Agent (under the Credit Agreement so Refinanced) to the Additional First Lien Collateral Agent and each other Authorized Representative as the “Credit Agreement” for purposes of this Agreement.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.