ABL Revolving Commitment definition
ABL Revolving Commitment means the aggregate committed amount of $1.2 billion under the ABL Revolving Facility;
ABL Revolving Commitment means the “Revolving Commitment” as defined in the ABL Credit Agreement on the Effective Date, subject to any Subsequent Definition thereof.
ABL Revolving Commitment means, with respect to each ABL Revolving Lender, the commitment of such ABL Revolving Lender hereunder set forth as its ABL Revolving Commitment opposite its name on Schedule 1.01(a) hereto or as may subsequently be set forth in the Register from time to time, as the same may be increased or reduced from time to time pursuant to this Agreement. The aggregate ABL Revolving Commitments on the Closing Date are $545,000,000.
Examples of ABL Revolving Commitment in a sentence
Upon any reduction of (x) the ABL Revolving Commitments, the ABL Revolving Commitment of each ABL Revolving Lender shall be reduced by such ABL Revolving Lender’s ABL Applicable Percentage of such reduction amount and (y) the FILO Commitments, the FILO Commitment of each FILO Lender shall be reduced by such FILO Lender’s FILO Applicable Percentage of such reduction amount.
Upon any reduction of the ABL Revolving Commitments, the ABL Revolving Commitment of each ABL Revolving Lender shall be reduced by such ABL Revolving Lender’s ABL Applicable Percentage of such reduction amount.