Examples of Existing ABL Credit Agreement in a sentence
Nothing herein contained shall be construed as a substitution or novation of the obligations outstanding under the Existing ABL Credit Agreement or any other Loan Document or instruments securing the same, which shall remain in full force and effect as modified hereby.
Nothing contained in this Amendment shall be construed as substitution or novation of the obligations outstanding under the Existing ABL Credit Agreement or the other Loan Documents, which shall remain in full force and effect, except to any extent modified hereby.
The Credit Parties (as defined under the Existing ABL Credit Agreement) shall have received all accrued interest and fees in respect of loans, letters of credit and commitments under the Existing ABL Credit Agreement.
Use the proceeds of the Credit Extensions (i) to refinance the Existing ABL Credit Agreement and (ii) for general corporate purposes not in contravention of any Loan Document.
The Administrative Agent shall have received a payoff and release letter with respect to the Existing ABL Credit Agreement in form and substance reasonably satisfactory to the Administrative Agent.