Examples of ABL Facility Lenders in a sentence
From March 17, 2015 through June 1, 2015, the Debtors, the ABL Agent and the ABL Facility Lenders entered into a series of short-term forbearance agreements as further described in Section 4.2 below, which, among other things, provided for additional advances to the Debtors to fund payroll and other business-critical expenses and the ABL Facility Lenders’ agreement to forbear from exercising their rights under the ABL Facility for a period of time.
The Debtors, the ABL Facility Agent and the ABL Facility Lenders entered into a Forbearance Agreement dated March 17, 2015 (the “Initial Forbearance”), pursuant to which the ABL Facility Lenders agreed to make up to $2,045,263.39 of additional advances and forbear from exercising their rights under the ABL Loan Agreement until March 23, 2015.
The approximated deformations for these load cases varied, and there was observed systematical differences between approximated values and experimental values from the experiment by Vecchio and Sato (1990).The approximated values for the deflection in the midspan of the beam are the only results given in this thesis due to the systematical failures observed in the results.
Pursuant to the Plan Support Agreement, the Consenting Term Lenders, the ABL Facility Lenders and Tubulars are obligated to support the restructuring transaction discussed above and the Plan.
Initially, the ABL Facility Lenders refused to advance additional funds and the Term Loan Lenders were unable to come to an agreement on advancing additional funds.