Incremental ABL Term Loans definition

Incremental ABL Term Loans as defined in Subsection 2.6(a).

Incremental ABL Term Loans has the meaning specified in Section 2.5(a). “Incremental Commitment Amendment” has the meaning specified in Section 2.5(e)(ii). “Incremental Facility” and “Incremental Facilities” have the meanings specified in Section 2.5(a). “Incremental Facility Increase” has the meaning specified in Section 2.5(a). “Incremental Indebtedness” means any Indebtedness incurred by any Borrower pursuant to and in accordance with Section 2.5. “Incremental Revolving Commitment Effective Date” has the meaning specified in Section 2.5(e)(i). “Incremental Revolving Commitments” has the meaning specified in Section 2.5(a). “Indebtedness” means, without duplication, (a) all indebtedness for borrowed money or the deferred purchase price of property, excluding trade payables and the endorsement of checks and other similar instruments in the ordinary course of business; i) all obligations and liabilities of any other Person secured by any Lien on an Obligor’s or any of its Subsidiaries’ property, even if such Obligor or Subsidiary shall not have assumed or become liable for the payment thereof (the amount of such obligation being deemed to be the lesser of the value of such property (as determined in good faith by the Company) or the amount of the obligation so secured); i) all obligations or liabilities created or arising under any Capital Lease; i) all indebtedness created or arising under any conditional sale or other title retention agreement with respect to property acquired by such Person (even if the rights and remedies of the seller or lender under such agreement in the event of default are limited to repossession or sale of such property), but excluding trade accounts payable arising in the ordinary course of business; i) all obligations of such Person for the reimbursement of any obligor on any letter of credit, banker’s acceptance or similar credit transaction; i) all net obligations of such Person in respect of Hedge Agreements; and i) all obligations and liabilities under Guarantees in respect of obligations of the type described in any of clauses (a) through (f) above. “Indemnified Liabilities” has the meaning specified in Section 14.10. “Indemnified Person” has the meaning specified in Section 14.10. “Indemnified Taxes” means (a) all Taxes other than Excluded Taxes and (a) to the extent not otherwise described in clause (a), Other Taxes. “Instruments” means all instruments as such term is defined in Article 9 of the UCC or as is defined in the PPSA, as applicable, now ...

Examples of Incremental ABL Term Loans in a sentence

• Notwithstanding anything to the contrary herein, after giving effect to any new Incremental Facility, the Equivalent Amount in Dollars of the aggregate principal amount of any Incremental ABL Term Loans or Incremental Revolving Commitments shall not exceed the Available Incremental Amount at such time.

• Notwithstanding anything to the contrary herein, after giving effect to any new Incremental Facility, the aggregate principal amount of any Incremental ABL Term Loans, New Revolving Commitments or Incremental Revolving Commitments shall not exceed the Available Incremental Amount at such time, and the aggregate principal amount of the Facilities plus (without duplication) the aggregate outstanding amount of all Incremental Facilities shall not exceed $1,800,000,000 at such time.

• Any request under this Section 2.5 shall specify, in the case of a request for Incremental ABL Term Loans, (x) whether such loans will be made to a U.S. Borrower and/or a Canadian Borrower (including in each case any Additional Borrower) and (y) the currency in which such loans will be denominated, which shall be Dollars (to the extent made to a U.S. Borrower), or Cdn.

• The date of [effectiveness of the Incremental Revolving Commitments] [the making of the Incremental ABL Term Loans] shall be [·] (the “Incremental Facility Closing Date”).

• Notwithstanding anything to contrary herein, the principal amount of any Incremental ABL Term Loans or Incremental Revolving Commitments shall not exceed the Available Incremental Amount at such time.

• This is particularly in the case of insurgencies, where military casualties tend to be relatively limited compared to civilians.

• Notwithstanding anything to the contrary herein, the principal amount of any Incremental ABL Term Loans or Incremental Revolving Commitments shall not exceed the Available Incremental Amount at such time.

• Some of them tried to leave the country with false papers and were caught.

• Notwithstanding anything to the contrary herein, after giving effect to any new Incremental Facility, the aggregate principal amount of any Incremental ABL Term Loans or Incremental Revolving Commitments shall not exceed the Available Incremental Amount at such time.

• Incremental ABL Term Loans will count as U.S. Revolving Loans (to the extent made to a U.S. Borrower), or Canadian Revolving Loans (to the extent made to a Canadian Borrower) for purposes of determining the Aggregate U.S. Revolver Outstandings and the Aggregate Canadian Revolver Outstandings, as applicable.