Maximum ABL First Lien Principal Amount definition

Maximum ABL First Lien Principal Amount means the amount equal to the sum of (a) 120% of the maximum amount (which maximum amount is $300,000,000) of the credit facilities under the Existing ABL First Lien Credit Agreement on the Effective Date (plus increases in principal after the Effective Date resulting solely from payments in kind of interest, but only to the extent such payments are permitted by the terms hereof), fees, indemnities, expenses, charges and other amounts thereon, plus (b) 120% of the principal amount of any committed increase of the credit facilities under the ABL First Lien Credit Agreement after the date hereof in an aggregate principal amount not to exceed $30,000,000 pursuant to Section 2.21 of the ABL First Lien Credit Agreement (as in effect on the Effective Date), including the satisfaction of the conditions to such increase as set forth therein as of Effective Date, which conditions shall not be amended or waived, and in accordance with the terms and conditions of the ABL First Lien Credit Agreement (as in effect on the Effective Date), less (c) the aggregate amount of all payments and prepayments of principal of any term loans, if any, under the ABL First Lien Credit Agreements and the aggregate amount of permanent reductions of revolving credit commitments under the ABL First Lien Credit Agreement. The amount of Banking Services Obligations and the amount of Swap Obligations included in ABL First Lien Obligations shall not be subject to a limitation.
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Maximum ABL First Lien Principal Amount means the greater of $600,000,000 and the maximum principal amount of ABL First Lien Obligations permitted to be incurred under the Second Lien Indenture (plus increases in principal after the Effective Date resulting solely from payments in kind of interest, but only to the extent such payments are permitted by the terms hereof), fees, indemnities, expenses, charges and other amounts thereon. The amount of Banking Services Obligations and the amount of Swap Obligations included in ABL First Lien Obligations shall not be subject to a limitation.
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Related to Maximum ABL First Lien Principal Amount

  • Collateral Principal Amount means on any date of determination (A) the aggregate principal balance of the Portfolio, including the funded and unfunded balance on any Delayed Funding Term Loan or Revolving Loan, as of such date plus (B) the amounts on deposit in the Accounts (including cash and Cash Equivalents) representing Principal Proceeds as of such date minus (C) the aggregate principal balance of all Ineligible Investments as of such date.

  • Adjusted Collateral Principal Amount means, as of any date of determination:

  • Original Principal Amount means $296,000,000 for the Class A-1 Notes, $330,000,000 for the Class A-2a Notes, $100,000,000 for the Class A-2b Notes, $428,000,000 for the Class A-3 Notes and $96,000,000 for the Class A-4 Notes.

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Issuance Amount means the aggregate Sales Price of the Shares to be sold by the Agent pursuant to any Issuance Notice.