DIP ABL Facility definition

DIP ABL Facility means that certain $85.0 million debtor-in-possession revolving credit facility under the DIP ABL Facility Loan Agreement.

DIP ABL Facility means that certain $35,000,000 debtor-in-possession financing facility, available pursuant to the terms and conditions of the DIP ABL Agreement.

DIP ABL Facility means the debtor-in-possession asset-based revolving credit facility provided by the DIP ABL Agreement, as approved by the DIP Orders and as it may be amended, modified, ratified, extended, renewed, restated or replaced from time to time in accordance with the DIP ABL Agreement and the DIP Orders.

Examples of DIP ABL Facility in a sentence

• Claims On the Plan Effective Date, the DIP ABL Loan Claims and all the commitments and outstanding obligations under the DIP ABL Facility shall be exchanged for loans under the Exit ABL Facility on the terms set forth in the Exit ABL Commitment Letter, or otherwise refinanced in full on terms acceptable to the Company Parties and the Required Consenting Term Lenders.

• Use the proceeds of the Credit Extensions to (i) provide ongoing working capital and for other general corporate purposes of the Loan Parties, (ii) to refinance in full, on the Closing Date, the DIP ABL Facility, (iii) to pay Transaction Expenses, and (iv) for general corporate purposes, in each case, solely to the extent in accordance with and subject to the Loan Documents.

• DIP Term Loan Claims, all claims arising under or related to the DIP ABL Facility, Term Loan Claims, DIP Term Loan Liens, DIP ABL Liens, Term Loan Liens, and adequate protection liens and claims to be subject to Carve Out, as set forth in the DIP/Cash Collateral Orders.

More Definitions of DIP ABL Facility

DIP ABL Facility means the debtor in possession asset-based revolving loan facility provided under the DIP ABL Credit Agreement.

DIP ABL Facility means that certain debtor-in-possession asset-based credit facility available pursuant to the terms and conditions of DIP ABL Agreement and the other Credit Documents (as defined in the DIP ABL Agreement) in the aggregate principal amount of up to $300 million.

DIP ABL Facility means that certain debtor-in-possession credit facility created under the DIP Credit Agreement, which includes, pursuant to the Interim DIP/Cash Collateral Order, a roll-up of all obligations under the ABL Credit Agreement.

DIP ABL Facility means any senior secured asset-based revolving credit facility in accordance to the terms and conditions set forth in the DIP ABL Agreement and the DIP Financing Order, as applicable.

DIP ABL Facility means the debtor-in-possession secured revolving credit facility provided to the Debtors by the DIP ABL Lenders pursuant to the DIP ABL Credit Agreement as authorized by the Bankruptcy Court pursuant to the DIP Order, as may be amended or modified from time to time.

DIP ABL Facility means that certain debtor-in-possession asset based loan facility, the terms of which shall be consistent with the credit agreement, substantially in the form attached as Exhibit 1-A to the Restructuring Term Sheet.

DIP ABL Facility means that certain senior secured super priority debtor-in- possession asset-based revolving credit facility made available to the Debtors pursuant to the DIP ABL Facility Loan Documents and the DIP Orders.