Examples of Exit ABL Facility Credit Agreement in a sentence
On the Effective Date, the DIP ABL Credit Facility will be amended and restated into the Exit ABL Facility in accordance with the terms and conditions of the Exit ABL Facility Credit Agreement or shall be indefeasibly paid in full in Cash, as determined by the Debtors and the Requisite First Lien Creditors.
On and as of the Effective Date, all Persons or Entities entitled to Plan consideration in the form of Exit ABL Facility Loans in accordance with this Plan shall be deemed to be parties to, and bound by, the Exit ABL Facility Credit Agreement, without the need for execution thereof by any such Person or Entity.
The Exit ABL Facility Credit Agreement shall be binding on all parties party to the Exit ABL Facility.
The Debtors have filed the Plan Supplement, consisting of the following: (i) [term sheet for Exit ABL Facility Credit Agreement], (ii) term sheet for Priority Exit Facility Credit Agreement, (iii) term sheet for Takeback Term Loan Credit Agreement,(iv) [form of Amended Organizational Documents], (v) form of New Stockholders’ Agreement, (vi) form of Warrant Agreement, (vii) list of Retained Causes of Action and (viii) [information required to be disclosed under 1129(a)(5) of the Bankruptcy Code].
Exit ABL Facility Credit Agreement The credit agreement governing the Exit ABL Facility, which shall be in all respects in form and substance acceptable to the Debtors and the Required Consenting BrandCo Creditors.