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 Loans means the “Loans” as defined in the ABL Credit Agreement.

  • ABL Debt means all “Obligations” (as defined in the ABL Credit Agreement) owing to the ABL Secured Parties under the ABL Loan Documents.

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

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

  • Second Lien Loans means “Loans” under and as defined in the Second Lien Credit Agreement.

  • Second Lien Term Loans means the “Term Loans” under and as defined in the Second Lien Credit Agreement.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • ABL Credit Facility means the agreement, dated as of March 30, 2015, among the Company, the Subsidiaries of the Company that borrow or guarantee obligations under such agreement from time to time, as “Credit Parties,” the lenders parties thereto from time to time and Bank of America, N.A., as agent (or its successor in such capacity), together with the related notes, letters of credit, guarantees and security documents, and as the same may be amended, restated, amended and restated, supplemented or modified from time to time and any renewal, increase, extension, refunding, restructuring, replacement or refinancing thereof (whether with the original administrative agent and lenders or another administrative agent, collateral agent or agents or one or more other lenders or additional borrowers or guarantors and whether provided under the original ABL Credit Facility or one or more other credit or other agreements or indentures).

  • Senior Loans means the loans and other extensions of credit made by the Senior Lenders to Borrower pursuant to the Senior Credit Agreement.

  • ABL Documents has the meaning set forth in the Intercreditor 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

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Bank Loans means debt obligations (including term loans, notes, 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 loan or credit facility (whether or not syndicated) or note purchase agreement.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • 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.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • 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 has the meaning assigned to such term in Section 2.26(a).

  • 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.

  • Swing Loans each is defined in Section 1.7 hereof.

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