Examples of ABL Facility Credit Agreement in a sentence
The revolving credit facility set forth in the ABL Facility Credit Agreement.
The LIBOR loans bear interest at LIBOR plus an applicable margin of (a) 2.25% if the Average Daily Excess Availability Percentage (as defined in the ABL Facility Credit Agreement) exceeds 25% or (b) 2.50% if the Average Daily Excess Availability Percentage is equal to 25% or less.
The two referenced grants authorized by PA 100-586, Sections 345 and 355, do not include designated grant recipients.
On the Effective Date, the DIP ABL Credit Facility will be amended and restated into the Exit ABL Facility in accordance with the terms and conditions of the Exit ABL Facility Credit Agreement or shall be indefeasibly paid in full in Cash, as determined by the Debtors and the Requisite First Lien Creditors.
This Joinder shall constitute a Credit Document, under and as defined in, each of the ABL Facility Credit Agreement and Term Loan Credit Agreement.