Prepetition ABL Credit Agreement definition

Prepetition ABL Credit Agreement has the meaning set forth in the recitals to the Agreement.

Prepetition ABL Credit Agreement means that certain Credit Agreement dated as of September 16, 2019, between the Prepetition ABL Lender and the applicable Debtors, and all other agreements, documents, instruments, and amendments related thereto.

Prepetition ABL Credit Agreement means that certain Amended and Restated Revolving Credit Agreement, dated as of October 15, 2021, among Venator Materials PLC, as Holdings, the borrowers and guarantors party thereto, the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, which amends and restates that certain Revolving Credit Agreement, dated as of August 8, 2017 (as amended, restated, amended and restated, supplemented and/or otherwise modified).

Examples of Prepetition ABL Credit Agreement in a sentence

• Each proposed Budget provided to the Prepetition ABL Agent shall be of no force and effect unless and until it is approved by the Prepetition ABL Agent, which approval has been supported or unopposed by the Required Lenders (as defined in the Prepetition ABL Credit Agreement), and, until such approval is given, the prior Budget shall remain in effect.

• The Debtors shall comply with the covenants contained in section 6.07 of the Prepetition ABL Credit Agreement regarding the maintenance and insurance of the Prepetition ABL Collateral and the Adequate Protection Collateral.

• The Exit ABL Facility shall (a) be secured by a first priority lien on, inter alia, the collateral that currently secures the Prepetition ABL Claims and a second priority lien on, inter alia, the collateral that currently secures the Prepetition Term Loan Claims, (b) have material terms and conditions that are substantially similar to those in the Prepetition ABL Credit Agreement, and (c) be acceptable to the Requisite First Lien Lenders.

• The Debtors shall pay to the Prepetition ABL Agent for the benefit of the Prepetition ABL Lenders all accrued and unpaid interest (including, for the avoidance of doubt, interest accruing and becoming due after the Petition Date) at the non-default rates and consistent with the ordinary course interest payment dates set forth in the Prepetition ABL Credit Agreement (the “ABL Adequate Protection Interest Payments”).

• The Prepetition ABL Agent consents to the Debtors’ use of Cash Collateral, in accordance with and subject to the terms and conditions contained in this Interim Order, which consent has been supported or unopposed by the Required Lenders (as defined in the Prepetition ABL Credit Agreement) after receipt of notice and shall be deemed sufficient under the circumstances for purposes of this Interim Order.

More Definitions of Prepetition ABL Credit Agreement

Prepetition ABL Credit Agreement means that certain Credit Agreement, dated as of April 16, 2013 (as amended, supplemented, amended and restated or otherwise modified from time to time prior to the Petition Date in accordance with the terms thereof), by and among Cenveo Corporation, as borrower, guarantors thereto, the ABL Agent, and each of the lenders from time to time party thereto.

Prepetition ABL Credit Agreement means the Credit Agreement dated as of May 22, 2012, among the borrowers and guarantors named therein, the Prepetition ABL Credit Lenders and Xxxxx Fargo Capital Finance, LLC, as administrative agent and co-collateral agent, as amended to date.

Prepetition ABL Credit Agreement means the “Pre-Petition Credit Agreement” as defined in the DIP ABL Credit Agreement.

Prepetition ABL Credit Agreement means that certain Revolving Credit and Guaranty Agreement dated May 30, 2017 (as amended, restated, amended and restated, supplemented, or otherwise modified from time to time in accordance with the terms therein).

Prepetition ABL Credit Agreement means the ABL Credit Agreement, dated as of August 19, 2015, among Party City Holdings, Inc. and Party City Corporation, as borrowers, PC Intermediate Holdings, Inc., as holdings, the guarantors party thereto, the Prepetition ABL Agent, and the financial institutions party thereto from time to time as lenders.

Prepetition ABL Credit Agreement means that certain asset-based revolving credit agreement, dated as of March 7, 2011, as amended, supplemented or otherwise modified on or prior to the date hereof, among, inter alios, J. Crew Group, Chinos Intermediate Holdings B, the lenders from time to time party thereto and Bank of America, as administrative agent and collateral agent for such lenders, as the same may be amended, restated, modified, supplemented, extended, renewed, refunded, replaced or refinanced from time to time in one or more agreements (in each case with the same or new lenders, institutional investors or agents).

Prepetition ABL Credit Agreement means that certain credit agreement, dated as of September 6, 2017, as amended, supplemented, or modified from time to time, by and among the Debtors as borrowers or guarantors, the Prepetition ABL Lenders, and the Prepetition ABL Agent.