DIP ABL Loans definition

DIP ABL Loans means the “Loans” as defined in the DIP ABL Credit Agreement.
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DIP ABL Loans means the loans provided under the DIP ABL Facility.
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DIP ABL Loans means the amounts loaned by the DIP ABL Lenders pursuant to the DIP ABL Credit Documents.
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Examples of DIP ABL Loans in a sentence

  • Without any further action by the CA Debtors or any other party, upon entry of the Final Order (a) the Term Roll-up Amount shall be converted into DIP Term Loans, and (b) the then-remaining outstanding balance of the Prepetition ABL Loans (which have not already been rolled up) shall be converted into DIP ABL Loans.

  • The conversion and “roll-up” of Prepetition Term Loans into DIP Term Loans and Prepetition ABL Loans into DIP ABL Loans will enable the CA Debtors to obtain urgently needed financing that will allow them to free up liquidity to fund the chapter 11 process.

  • Date Executed: Name: Title: Address: E-mail address(es): DIP ABL Loans DIP Term Loans Prepetition ABL Loan Claims B-1 Term Loan Claims B-2 Term Loan Claims B-3 Term Loan Claims Legacy Notes Claims Secured Exchangeable Notes Claims HoldCo Convertible Notes Claims 1 Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Agreement.

  • Pursuant to the ABL Creeping Roll-Up and the ABL Final Roll-Up, the Prepetition ABL Loan Claims shall be rolled into DIP ABL Loans and shall not be treated under the Plan.

Related to DIP ABL Loans

  • ABL Loans means the “Loans” as defined in the ABL Credit Agreement.

  • First Lien Loans means the “Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • Senior Loans means the loans and other extensions of credit made by the Senior Lenders to Borrower pursuant to the Senior Credit Agreement.

  • First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.

  • First Lien Term Loans means the “Term Loans” as defined in the First Lien Credit Agreement.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Second Lien Term Loans means the “Term Loans” under and as defined in the Second Lien Credit Agreement.

  • First Lien Last Out Loan Any Collateral Obligation that would be a Senior Secured Loan except that, following a default, such Collateral Obligation becomes fully subordinated to other senior secured loans of the same Obligor and is not entitled to any payments until such other senior secured loans are paid in full.

  • Subordinated Loans means any loan incurred by the Issuer or any of its Subsidiaries, if such loan (i) according to its terms (or pursuant to a subordination agreement on terms and conditions satisfactory to the Trustee) is subordinated to the obligations of the Issuer under the Terms and Conditions; (ii) according to its terms have a final redemption date or, when applicable, early redemption dates or instalment dates which occur after the Final Redemption Date; and (iii) according to its terms yield only payment-in-kind interest.

  • Second Lien Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Bank Loans means debt obligations (including, without limitation, term loans, notes, revolving loans, debtor-in-possession financings, the funded and unfunded portion of revolving credit lines and letter of credit facilities and other similar loans and investments including interim loans, bridge loans and senior subordinated loans) which are generally documented under a loan or credit facility or pursuant to any loan agreement, note purchase agreement or other similar financing arrangement facility, whether or not syndicated.

  • Refinanced Loans has the meaning specified in Section 10.01.

  • Intercompany Loans shall have the meaning provided in Section 10.05(h).

  • Performing First Lien Bank Loans means First Lien Bank Loans which are Performing.

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Refinancing Loans means any Refinancing Term Loans or Refinancing Revolving Loans.

  • First Lien Loan Documents means the “Loan Documents” as defined in the First Lien Credit Agreement.

  • Class Loans shall have the meaning assigned to such term in Section 9.08(f).

  • ABL Loan Documents means the “Loan Documents” as defined in the ABL Credit Agreement.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.

  • U.S. Revolving Loans means the revolving loans made to the U.S. Borrowers pursuant to Section 2.1(a)(i), or any amendment to this Agreement entered into pursuant to Section 2.5, 2.6 or 2.7, each Agent Advance made to a U.S. Borrower and each U.S. Swingline Loan.

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • DIP Facility means the debtor-in-possession secured financing facility provided to the Debtors by the DIP Lenders pursuant to the DIP Credit Agreement as authorized by the Bankruptcy Court pursuant to the DIP Facility Order.

  • First Lien Bank Loan means a Bank Loan that is entitled to the benefit of a first lien and first priority perfected security interest (subject to Liens for “ABL” revolvers and customary encumbrances) on a substantial portion of the assets of the respective borrower and guarantors obligated in respect thereof.