Exit ABL Facility Agreement definition

Exit ABL Facility Agreement means either (a) that certain Amended and Restated Credit Agreement to be delivered or entered into among Cenveo Corporation, as borrower, the Guarantors, as guarantors, the Exit ABL Agent, and the Exit ABL Lenders, on terms and conditions acceptable to the Debtors, the Exit ABL Agent, and the Exit ABL Lenders, as reasonably acceptable to the Requisite First Lien Creditors, or (b) that certain credit agreement to be delivered or entered into in connection with the Exit ABL Facility that indefeasibly repays in full in Cash all Obligations (as defined in the DIP ABL Credit Agreement), with the Exit ABL Agent and each of the lenders from time to time party thereto in connection with the Exit ABL Facility, which shall be materially consistent with the Plan and otherwise reasonably acceptable to the Debtors and the Requisite First Lien Creditors.
Sample 1Sample 2Sample 3
Exit ABL Facility Agreement means that certain credit and security agreement, dated as of the Effective Date, by and among the Reorganized Debtors and the Exit ABL Facility Secured Parties, and which shall be included in the Plan Supplement.
Sample 1Sample 2Sample 3
Exit ABL Facility Agreement means that certain credit, loan, or other agreement, dated as of the Effective Date, by and among, inter alios, OpCo, the Exit ABL Facility Agent, and the Exit ABL Facility Lenders, the terms of which shall be included in the Plan Supplement.
Sample 1Sample 2

Examples of Exit ABL Facility Agreement in a sentence

  • On the Effective Date, the Reorganized Debtors will enter into the Exit ABL Facility Agreement and the Exit Facility Credit Agreement.

  • Any Entity’s entry into the Exit ABL Facility Agreement shall be deemed as its agreement to the terms of such Exit ABL Facility Agreement, as amended or modified from time to time following the Effective Date in accordance with its terms.

  • The terms and conditions of the Exit ABL Facility Agreement shall bind Reorganized Blackhawk and each other Entity that enters into such Exit ABL Facility Agreement as a guarantor.

  • Even if the Exit ABL Facility Agreement and the Exit Term Facility Agreement are entered into, any inability of the Reorganized Debtors to remain in compliance with their covenants thereunder could restrict the ability of the Reorganized Debtors to fully access the maximum amount that may be borrowed thereunder.

  • While the Debtors believe that these risks are mitigated in part by the fact that the Exit ABL Facility and the Exit Term Facility are expected to be provided by the Majority Consenting Term Lenders and the DIP ABL Facility Consenting Lenders, as applicable, these uncertainties with respect to the Exit ABL Facility Agreement and the Exit Term Facility Agreement may nonetheless materially impair the functioning of the business or the Debtors or the Reorganized Debtors, as applicable.

  • The objective of this policy is to monitor the marketplace and, when considered appropriate, fix exchange rates using forward contracts to reduce the risk exposures related to purchases made in foreign currencies.


More Definitions of Exit ABL Facility Agreement

Exit ABL Facility Agreement means (i) the Existing ABL Facility Agreement, as amended on terms and conditions reasonably acceptable to the GCS Parties and the Consenting Lenders or (ii) a credit agreement evidencing an asset-based lending facility on terms and conditions reasonably acceptable to the GCS Parties and the Consenting Lenders.CCaassee2211-9-900001155 DDooccuummeennt t9805-1 FFileileddininTTXXSSBBoonn1111/1/189/2/211 PPaaggee1441oof f6996
Sample 1
Exit ABL Facility Agreement means that certain Amended and Restated Credit Agreement to be delivered or entered into among Reorganized Debtors, as borrowers, the Guarantors, as guarantors, Exit ABL Facility Agent, and Exit ABL Lenders, on terms and conditions acceptable to the Debtors, Exit ABL Facility Agent and Exit ABL Lenders, and shall be in form and substance acceptable to the Noteholder Group.
Sample 1

Related to Exit ABL Facility Agreement

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Credit Agreement Refinancing Indebtedness means (a) Permitted First Priority Refinancing Debt, (b) Permitted Junior Lien Refinancing Debt, (c) Permitted Unsecured Refinancing Debt or (d) Indebtedness incurred or Other Revolving Commitments obtained pursuant to a Refinancing Amendment, in each case, issued, incurred or otherwise obtained (including by means of the extension or renewal of existing Indebtedness) in exchange for, or to extend, renew, replace or refinance, in whole or part, existing Term Loans, outstanding Revolving Loans or (in the case of Other Revolving Commitments obtained pursuant to a Refinancing Amendment) Revolving Commitments, outstanding loans under any Incremental Revolving Facility or undrawn commitments under any Incremental Revolving Facility (“Refinanced Debt”); provided that (i) such extending, renewing, replacing or refinancing Indebtedness (including, if such Indebtedness includes any Other Revolving Commitments, the unused portion of such Other Revolving Commitments) is in an original aggregate principal amount not greater than the sum of the aggregate principal amount of the Refinanced Debt (and, in the case of Refinanced Debt consisting, in whole or in part, of unused commitments under any Incremental Revolving Facility or Other Revolving Commitments, the amount thereof) plus all accrued and unpaid interest and fees thereon and expenses incurred in connection with such extension, renewal, replacement or refinancing, (ii) such Indebtedness has a maturity that is equal to or later than and, except in the case of Other Revolving Commitments, a Weighted Average Life to Maturity equal to or greater than the Refinanced Debt, and (iii) such Refinanced Debt shall be repaid, defeased or satisfied and discharged, and all accrued interest, fees and premiums (if any) in connection therewith shall be paid, on the date such Credit Agreement Refinancing Indebtedness is issued, incurred or obtained; provided that to the extent that such Refinanced Debt consists, in whole or in part, of commitments under any Incremental Revolving Facility or Other Revolving Commitments (or loans incurred pursuant to any Incremental Revolving Facility or Other Revolving Loans), such commitments shall be terminated, and all accrued fees in connection therewith shall be paid, on the date such Credit Agreement Refinancing Indebtedness is issued, incurred or obtained.