ABL Facilities definition

ABL Facilities means the asset-based revolving credit facilities under the ABL Credit Agreement.
ABL Facilities means, collectively, the ABL DIP Facility and the Pre-Petition ABL Facility.
ABL Facilities means the asset-based revolving credit facilities under the Credit Agreement dated as of September 25, 2007 by and among the Issuer, the lenders party thereto in their capacities as lenders thereunder and Bank of America, N.A., as Administrative Agent, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements, refundings or refinancings thereof and any indentures or credit facilities or commercial paper facilities with banks or other institutional lenders or investors that replace, refund or refinance any part of the loans, notes, other credit facilities or commitments thereunder, including any such replacement, refunding or refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof (provided that such increase in borrowings is permitted under Section 4.09 hereof).

Examples of ABL Facilities in a sentence

  • Notwithstanding anything to the contrary contained in this Agreement, Indebtedness incurred pursuant to the ABL Facilities (and any Permitted Refinancing thereof) may only be incurred pursuant to Section 7.03(r).

  • The Borrower has requested that (i) the Lenders extend credit to the Borrower in the form of Initial Loans on the Closing Date in an initial aggregate principal amount of $725,000,000 pursuant to this Agreement, and (ii) certain other lenders extend credit to the Borrower in the form of ABL Facilities in an initial aggregate principal amount of $400,000,000 pursuant to the ABL Credit Agreement.

  • Each of the Obligors under the ABL Facility makes the representations and warranties set forth in Existing ABL Facilities, modified as necessary to reflect the commencement of the Cases and such other matters as the Instructing Group shall reasonably require in the Definitive Documentation.

  • Without the prior written consent of the Collateral Agent, no ABL Facilities Grantor shall, in a manner adverse to the Secured Parties, change the general instructions given to Account Debtors in respect of payments to be deposited in the Lockbox System.

  • So long as no Event of Default under and as defined in the ABL Facilities Agreement (or, if the ABL Facilities Agreement shall no longer be in effect, under and as defined in either of the US Facilities Agreements) has occurred and is continuing, the Collateral Agent shall promptly (and no less frequently than each Business Day) remit any funds on deposit in each ABL Collateral Proceeds Account to one or more accounts of the Company that have been designated by the Company.


More Definitions of ABL Facilities

ABL Facilities means the North American ABL Facility and the European ABL Facility.
ABL Facilities means, collectively, the credit facilities evidenced by the ABL-Cattle Credit Documents, the ABL-Grain Credit Documents and the ABL-Trade Credit Documents.
ABL Facilities means the Australian Receivables Facility, the U.S. ABL Facility and the Securitization Facility;
ABL Facilities means, collectively, the Senior Secured Term Loan and the Senior Secured Revolving Credit Facility.
ABL Facilities means any asset-based revolving credit facilities under the ABL Credit Agreement (or notes issued in lieu thereof as Incremental Replacement Secured Notes (as defined in the ABL Credit Agreement as in effect on the Second Restatement Effective Date) solely to the extent such Incremental Replacement Secured Notes constitute Junior Secured Debt and are issued in connection with any Permitted Refinancing of any senior unsecured Indebtedness).
ABL Facilities means the revolving credit loan facilities established pursuant to the Existing ABL Credit Facilities, as amended, restated, amended and restated, modified, supplemented, refinanced or replaced from time to time, in whole or in part, whether with revolving credit loan facilities, term loans, debt securities, or otherwise.
ABL Facilities means the asset-based revolving credit facilities under the ABL Credit Agreement in an aggregate principal amount of not less than $10,000,000 and not more than