ABL Revolving Facility definition

ABL Revolving Facility means the Company's revolving credit facility entered into on July 28, 2022;

ABL Revolving Facility means that certain eighth restated senior secured asset-based revolving credit facility of the Company, dated as of April 12, 2010, by and among the borrowers party thereto, including the Company, and JPMorgan Chase Bank, N.A., as Administrative Agent, as amended to the date hereof.

ABL Revolving Facility has the meaning assigned to such term in the recitals hereto.

Examples of ABL Revolving Facility in a sentence

• All FILO Credit Extensions shall be FILO Loans under the FILO Facility and all Letters of Credit and Swingline Loans shall constitute ABL Revolving Credit Extensions under the ABL Revolving Facility.

• The ABL Revolving Facility includes a $150 million sub-limit for letters of credit.

• The Plan provided that the Debtors, on the Effective Date, would enter into the Exit ABL Revolving Facility, the Exit ABL Term Loan Replacement Facility, and the Exit Term Loan Facility.342 Confirmation of the Plan deemed approval of the Exit Facilities and the Exit 335 Amended Disclosure Statement Disclosure Statement, supra note 205, at 4.

• An Incremental ABL Revolving Facility may provide commitments for additional Tranche A Loans or Tranche A-1 Loans or may be in the form of a separate “first-in, last-out” tranche (subject to customary requirements consistent with the ABL Precedent Documentation).

• On the Effective Date, subject to the terms of the Plan, the Reorganized Debtors shall enter into the Exit ABL Revolving Facility, the Exit ABL Term Loan Replacement Facility, and the Exit Term Loan Facility.

• Revolving loans under the ABL Revolving Facility are available in an aggregate amount equal to the lesser of the aggregate ABL Revolving Commitment or a borrowing base based on the value of certain inventory, accounts and credit card receivables, subject to specified advance rebates and reserves as set forth in the Credit Agreement.

• Indebtedness under the ABL Revolving Facility outstanding on the date on which Notes are first issued and authenticated under this Indenture will be deemed to have been incurred on such date in reliance on the exception provided by clause (1) of the definition of Permitted Debt.

• Same as the Existing ABL Facility (it being understood that prior to any mandatory prepayment of ABL FILO Loans (excluding, for avoidance of doubt, scheduled amortization prior to final maturity), all Best Efforts ABL Revolving Loans shall be prepaid in full and all letters of credit under the Best Efforts ABL Revolving Facility shall be cash collateralized).

• A portion of the ABL Revolving Facility will be available for letters of credit arranged by Agent and issued by an Issuing Bank (“Letters of Credit”) in an aggregate amount at any time outstanding not to exceed $100,000,000.

• As of March 31, 2011, the Company’s borrowing base under the ABL Revolving Facility was $650 million and the amount available for borrowings after considering outstanding letters of credit was $572 million.

More Definitions of ABL Revolving Facility

ABL Revolving Facility means, collectively, (i) that certain Credit Agreement, dated as of August 13, 2009, by and among Intermediate Holdco, as parent, the Company, as borrower, the lenders party thereto from time to time, as lenders, and Xxxxx Fargo Capital Finance, LLC (f/k/a Xxxxx Fargo Foothill, LLC), as the arranger and administrative agent, and (ii) that certain EXIM Guaranteed Credit Agreement, dated as of August 13, 2009, by and among Intermediate Holdco, as parent, the Company, as borrower, the lenders party thereto from time to time, as lenders, and Xxxxx Fargo Capital Finance, LLC (f/k/a Xxxxx Fargo Foothill, LLC), as the arranger and administrative agent, in each case as the same may be amended, restated, amended and restated, supplemented or otherwise modified from time to time.

ABL Revolving Facility means that certain revolving credit and guaranty agreement, to be dated on or about the Issue Date, by and among the Company and certain Subsidiaries of the Company as borrowers or guarantors, UBS Securities LLC, as book runner and arranger, UBS AG, as administrative agent, and the lenders from time to time party thereto, including any related Notes, guarantees, Security Documents, instruments and agreements executed in connection therewith, and, in each case, as amended, supplemented, restated, modified, renewed, refunded, restructured, replaced (whether upon or after termination or otherwise) or refinanced (including by means of sales of debt securities to institutional investors) in whole or in part from time to time (including by increasing the amount of available borrowings thereunder or adding Subsidiaries of the Company as additional borrowers and/or guarantors thereunder) and whether by the same or any other agent, lender or group of lenders.

ABL Revolving Facility means that certain revolving credit and guaranty agreement, to be dated on or about August 6, 2004, by and among the Company, Stanadyne Automotive Holding Corp. and certain subsidiaries of the Company as guarantors, Xxxxxxx Xxxxx Credit Partners L.P., as sole bookrunner, sole lead arranger and syndication agent, The CIT Group/Business Credit, Inc., as administrative agent and collateral agent, and the lenders party thereto, providing for up to $35.0 million of revolving credit borrowings, including any related notes, guarantees, collateral documents, instruments and agreements executed in connection therewith, and, in each case, as amended, supplemented, restated, modified, renewed, refunded, restructured, replaced (whether upon or after termination or otherwise) or refinanced (including by means of sales of debt securities to institutional investors) in whole or in part from time to time.

ABL Revolving Facility means, collectively, (i) the Credit Agreement, dated as of August 13, 2009, by and among Stanadyne Intermediate Holding Corp., as parent, Stanadyne Corporation, as borrower, the lenders party thereto from time to time, as lenders, and Xxxxx Fargo Capital Finance, LLC (f/k/a Xxxxx Fargo Foothill, LLC), as the arranger and administrative agent, and (ii) the EXIM Guaranteed Credit Agreement, dated as of August 13, 2009, by and among Stanadyne Intermediate Holding Corp., as parent, Stanadyne Corporation, as borrower, the lenders party thereto from time to time, as lenders, and Xxxxx Fargo Capital Finance, LLC (f/k/a Xxxxx Fargo Foothill, LLC), as the arranger and administrative agent, in each case as the same may be amended, restated, amended and restated, replaced, extended, renewed, refinanced, supplemented or otherwise modified from time to time.

ABL Revolving Facility means that certain revolving credit and guaranty agreement, dated as of August 6, 2004, by and among Stanadyne Corporation, Holdings and certain subsidiaries of Stanadyne Corporation as guarantors, Goldman Sachs Credit Partners L.P., as sole bookrunner, sole lead arranger and syndication agent, The CIT Group/Business Credit, Inc., as administrative agent and collateral agent, and the lenders party thereto, providing for up to $35.0 million of revolving credit borrowings, including any related notes, guarantees, collateral documents, instruments and agreements executed in connection therewith, and, in each case, as amended, supplemented, restated, modified, renewed, refunded, restructured, replaced (whether upon or after termination or otherwise) or refinanced (including by means of sales of debt securities to institutional investors) in whole or in part from time to time.