Existing ABL Facility definition

Existing ABL Facility means that certain ABL Credit Agreement, dated as of August 5, 2019, among the Borrower, the several lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as administrative agent, as amended, supplemented or otherwise modified.

Existing ABL Facility means the asset-based loan facility pursuant to the Existing ABL Credit Agreement.

Existing ABL Facility means the credit agreement governing the $75.0 million senior secured revolving facility dated as of August 16, 2007, among the Borrower, the guarantors party thereto, the lenders party thereto and JPMorgan as administrative agent and collateral agent, as amended or modified from time to time.

Examples of Existing ABL Facility in a sentence

• Administrative Agent shall have received, in form and substance reasonably satisfactory to Administrative Agent, a payoff letter providing that, among other things, all of the indebtedness under the Existing ABL Facility has been or concurrently with the Closing Date is being paid and satisfied in full.

• During the Term, the Executive shall (a) be employed by the Company as its Chairman, President and Chief Executive Officer, and (b) have and perform all duties and responsibilities that are commensurate with such positions, including those that are assigned to Executive by the Board of Directors of the Company (the “Board”).

• Extinguishment of WESCO’s Existing ABL Facility totaling $100.0 million and associated unamortized debt issuance costs of $2.1 million.

• Subject to the Funds Certain Provisions, (i) the Collateral Agent shall have a perfected, first priority security interest in and lien on all “Collateral” under, and as defined in, the UNA Existing ABL Facility, (ii) all filings, recordations and searches necessary in connection with such liens and security interests shall have been duly made and (iii) all filings and recording fees and taxes shall have been duly paid.

• Cash Dominion: Same as the Existing ABL Facility (it being understood that no amounts shall be required to be deposited with the ABL FILO Administrative Agent except to the extent required to be applied to prepay ABL FILO Loans as provided above).

More Definitions of Existing ABL Facility

Existing ABL Facility means that certain Credit Agreement, dated as of March 14, 2018, by and among ProFrac Services, Holdings, the guarantors party thereto, the lenders party thereto and Barclays Bank PLC, as the administrative agent and collateral agent (as amended, amended and restated, supplemented and otherwise modified from time to time, and together with the guarantee and security documentation executed in connection therewith).

Existing ABL Facility means that certain Exit ABL Credit Agreement dated as of August 24, 2020 among Borrower Agent, Pyxus Topco, Pyxus Parent, and the lenders party thereto (as has been amended, modified, restated and supplemented).

Existing ABL Facility means the Borrower’s existing senior secured asset-based revolving credit facility, documented pursuant to the Existing ABL Credit Agreement.

Existing ABL Facility means that certain Second Amended and Restated Credit Agreement, dated as of the Closing Date, among the Borrower, Aventine Renewable Energy – Xxxxxx Xxxx, LLC, Aventine Renewable Energy – Mt Xxxxxx, LLC, Aventine Renewable Energy – Canton, LLC, Aventine Power, LLC and Nebraska Energy, L.L.C., as borrowers, and Xxxxx Fargo Capital Finance, LLC, as lender and agent, as may be amended, restated, supplemented or otherwise modified from time to time.

Existing ABL Facility means the Credit Agreement dated as of December 9, 2009, among the Borrower, Intermediate Holdings, the Subsidiary Guarantors (as defined therein) party thereto, the Lenders (as defined therein) party thereto, UBS Securities LLC, as lead arranger, as documentation agent and as syndication agent, UBS Loan Finance LLC, as swingline lender, and UBS AG, Stamford Branch, as issuing bank, as administrative agent for the Lenders (as defined therein), and collateral agent for the Secured Parties (as defined therein).

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

Existing ABL Facility means that certain Credit Agreement, dated as of July 2, 2015, by and among the Borrower, certain of the Borrower’s subsidiaries, the lenders from time to time party thereto, and JPMorgan Chase Bank, N.A., as administrative agent, as amended, restated, amended and restated, supplemented or otherwise modified from time to time.